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 10879537 Mr I Astigarraga Sorreluz iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10879537 2023-07-31 10879537 2024-07-31 10879537 2023-08-01 2024-07-31 10879537 frs-core:CurrentFinancialInstruments 2024-07-31 10879537 frs-core:Non-currentFinancialInstruments 2024-07-31 10879537 frs-core:FurnitureFittings 2024-07-31 10879537 frs-core:FurnitureFittings 2023-08-01 2024-07-31 10879537 frs-core:FurnitureFittings 2023-07-31 10879537 frs-core:NetGoodwill 2023-08-01 2024-07-31 10879537 frs-core:InvestmentPropertyIncludedWithinPPE 2024-07-31 10879537 frs-core:InvestmentPropertyIncludedWithinPPE 2023-08-01 2024-07-31 10879537 frs-core:InvestmentPropertyIncludedWithinPPE 2023-07-31 10879537 frs-core:ShareCapital 2024-07-31 10879537 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 10879537 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 10879537 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 10879537 frs-bus:SmallEntities 2023-08-01 2024-07-31 10879537 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 10879537 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 10879537 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-08-01 2024-07-31 10879537 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-07-31 10879537 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-07-31 10879537 frs-bus:Director1 2023-08-01 2024-07-31 10879537 frs-countries:EnglandWales 2023-08-01 2024-07-31 10879537 2022-07-31 10879537 2023-07-31 10879537 2022-08-01 2023-07-31 10879537 frs-core:CurrentFinancialInstruments 2023-07-31 10879537 frs-core:Non-currentFinancialInstruments 2023-07-31 10879537 frs-core:ShareCapital 2023-07-31 10879537 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 10879537 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-07-31
Registered number: 10879537
Astisor Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
C L Webb Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10879537
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,157,598 1,060,418
1,157,598 1,060,418
CURRENT ASSETS
Debtors 5 741 924
Cash at bank and in hand 14,446 13,243
15,187 14,167
Creditors: Amounts Falling Due Within One Year 6 (321,581 ) (300,885 )
NET CURRENT ASSETS (LIABILITIES) (306,394 ) (286,718 )
TOTAL ASSETS LESS CURRENT LIABILITIES 851,204 773,700
Creditors: Amounts Falling Due After More Than One Year 7 (282,862 ) (305,901 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (107,942 ) (95,771 )
NET ASSETS 460,400 372,028
CAPITAL AND RESERVES
Called up share capital 8 1 1
Fair value reserve 9 423,553 371,668
Profit and Loss Account 36,846 359
SHAREHOLDERS' FUNDS 460,400 372,028
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 I Astigarraga Sorreluz
Director
13/02/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Astisor Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10879537 . The registered office is 203 Filwood Green Business Park, 1 Filwood Park Lane, Bristol, BS4 1ET.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
Page 3
Page 4
4. Tangible Assets
Investment Properties Fixtures & Fittings Total
£ £ £
Cost or Valuation
As at 1 August 2023 1,056,548 5,331 1,061,879
Additions 29,397 6,516 35,913
Revaluation 64,055 - 64,055
As at 31 July 2024 1,150,000 11,847 1,161,847
Depreciation
As at 1 August 2023 716 745 1,461
Provided during the period - 2,788 2,788
As at 31 July 2024 716 3,533 4,249
Net Book Value
As at 31 July 2024 1,149,284 8,314 1,157,598
As at 1 August 2023 1,055,832 4,586 1,060,418
Cost or valuation as at 31 July 2024 represented by:
Land & Property
Freehold Investment Properties Fixtures & Fittings Total
£ £ £ £
At cost - 1,150,000 11,847 1,161,847
- 1,150,000 11,847 1,161,847
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 741 924
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,621 357
Bank loans and overdrafts 23,039 16,558
Corporation tax 1,757 (3,777 )
Other taxes and social security 629 90
Other creditors 16,670 11,997
Accruals and deferred income 1,690 6,351
Director's loan account 275,175 269,309
321,581 300,885
Page 4
Page 5
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 282,862 305,901
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Reserves
Fair Value Reserve
£
As at 1 August 2023 371,668
Transfer to profit and loss 51,885
As at 31 July 2024 423,553
Page 5