Acorah Software Products - Accounts Production 16.3.350 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 09670725 Mr Richard Pennack Mrs Emily Pennack iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09670725 2023-07-31 09670725 2024-07-31 09670725 2023-08-01 2024-07-31 09670725 frs-core:CurrentFinancialInstruments 2024-07-31 09670725 frs-core:PlantMachinery 2024-07-31 09670725 frs-core:PlantMachinery 2023-08-01 2024-07-31 09670725 frs-core:PlantMachinery 2023-07-31 09670725 frs-core:ShareCapital 2024-07-31 09670725 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 09670725 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09670725 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 09670725 frs-bus:SmallEntities 2023-08-01 2024-07-31 09670725 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 09670725 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 09670725 frs-core:CostValuation 2023-07-31 09670725 frs-core:CostValuation 2024-07-31 09670725 frs-core:ProvisionsForImpairmentInvestments 2023-07-31 09670725 frs-core:ProvisionsForImpairmentInvestments 2024-07-31 09670725 frs-bus:Director1 2023-08-01 2024-07-31 09670725 frs-bus:Director2 2023-08-01 2024-07-31 09670725 frs-countries:EnglandWales 2023-08-01 2024-07-31 09670725 2022-07-31 09670725 2023-07-31 09670725 2022-08-01 2023-07-31 09670725 frs-core:CurrentFinancialInstruments 2023-07-31 09670725 frs-core:ShareCapital 2023-07-31 09670725 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 09670725
AERO GROUP LIMITED
Unaudited Financial Statements
For The Year Ended 31 July 2024
VSP Accountancy Services
ACA
188 Victoria Avenue
Hull
East Yorkshire
HU53DY
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 09670725
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 10,177 13,570
Investments 5 168,000 168,000
178,177 181,570
CURRENT ASSETS
Cash at bank and in hand 35,408 15,111
35,408 15,111
Creditors: Amounts Falling Due Within One Year 6 (74,113 ) (93,421 )
NET CURRENT ASSETS (LIABILITIES) (38,705 ) (78,310 )
TOTAL ASSETS LESS CURRENT LIABILITIES 139,472 103,260
NET ASSETS 139,472 103,260
CAPITAL AND RESERVES
Called up share capital 7 50 50
Profit and Loss Account 139,422 103,210
SHAREHOLDERS' FUNDS 139,472 103,260
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Richard Pennack
Director
24/01/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
AERO GROUP LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 09670725 . The registered office is C4di @ The Dock, 31-38 Queen Street, Hull, HU1 1UU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 August 2023 16,962
As at 31 July 2024 16,962
Depreciation
As at 1 August 2023 3,392
Provided during the period 3,393
As at 31 July 2024 6,785
Net Book Value
As at 31 July 2024 10,177
As at 1 August 2023 13,570
Page 2
Page 3
5. Investments
Other
£
Cost
As at 1 August 2023 168,000
As at 31 July 2024 168,000
Provision
As at 1 August 2023 -
As at 31 July 2024 -
Net Book Value
As at 31 July 2024 168,000
As at 1 August 2023 168,000
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax - 4,945
Accruals and deferred income 350 350
Directors' loan accounts 73,763 88,126
74,113 93,421
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 50 50
Page 3