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 08159302 Mr Jaspal Bharj Mrs Sukhjit Bharj iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08159302 2023-07-31 08159302 2024-07-31 08159302 2023-08-01 2024-07-31 08159302 frs-core:Non-currentFinancialInstruments 2024-07-31 08159302 frs-core:ComputerEquipment 2023-08-01 2024-07-31 08159302 frs-core:ShareCapital 2024-07-31 08159302 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 08159302 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 08159302 frs-bus:AbridgedAccounts 2023-08-01 2024-07-31 08159302 frs-bus:SmallEntities 2023-08-01 2024-07-31 08159302 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 08159302 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 08159302 frs-bus:Director1 2023-08-01 2024-07-31 08159302 frs-bus:Director1 2023-07-31 08159302 frs-bus:Director1 2024-07-31 08159302 frs-bus:Director2 2023-08-01 2024-07-31 08159302 frs-bus:Director2 2023-07-31 08159302 frs-bus:Director2 2024-07-31 08159302 frs-countries:EnglandWales 2023-08-01 2024-07-31 08159302 2022-07-31 08159302 2023-07-31 08159302 2022-08-01 2023-07-31 08159302 frs-core:Non-currentFinancialInstruments 2023-07-31 08159302 frs-core:ShareCapital 2023-07-31 08159302 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 08159302
Nightingale Consultancy Ltd
ABRIDGED Financial Statements
For The Year Ended 31 July 2024
Know Tax Accountants
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 08159302
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,392 1,404
2,392 1,404
CURRENT ASSETS
Debtors 96,349 75,284
Cash at bank and in hand 7,336 23,131
103,685 98,415
Creditors: Amounts Falling Due Within One Year (91,596 ) (78,436 )
NET CURRENT ASSETS (LIABILITIES) 12,089 19,979
TOTAL ASSETS LESS CURRENT LIABILITIES 14,481 21,383
Creditors: Amounts Falling Due After More Than One Year (13,978 ) (20,784 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (454 ) (266 )
NET ASSETS 49 333
CAPITAL AND RESERVES
Called up share capital 5 2 2
Profit and Loss Account 47 331
SHAREHOLDERS' FUNDS 49 333
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 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 July 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Jaspal Bharj
Director
22/04/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Nightingale Consultancy Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08159302 . The registered office is Lower Flat, 20 Leighton Road, Wolverhampton, WV4 4AR.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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:
Computer Equipment 25% Straight Line Basis
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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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:
2024 2023
Office and administration 3 2
3 2
Page 3
Page 4
4. Tangible Assets
Total
£
Cost
As at 1 August 2023 16,744
Additions 2,177
As at 31 July 2024 18,921
Depreciation
As at 1 August 2023 15,340
Provided during the period 1,189
As at 31 July 2024 16,529
Net Book Value
As at 31 July 2024 2,392
As at 1 August 2023 1,404
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
6. Directors Advances, Credits and Guarantees
Included within Debtors is a loans to directors which amounted to £93,101 and this was repaid shortly after the year end.
As at 1 August 2023 Amounts advanced Amounts repaid Amounts written off As at 31 July 2024
£ £ £ £ £
Mr Jaspal Bharj 36,018 46,551 36,018 - 46,551
Mrs Sukhjit Bharj 36,018 46,550 36,018 - 46,550
The above loan is unsecured, interest bearing and repayable on demand.
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