Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 08169905 Mr Olukayode Sonaike Mr Olukayode Sonaike iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08169905 2023-08-31 08169905 2024-08-31 08169905 2023-09-01 2024-08-31 08169905 frs-core:CurrentFinancialInstruments 2024-08-31 08169905 frs-core:Non-currentFinancialInstruments 2024-08-31 08169905 frs-core:ComputerEquipment 2024-08-31 08169905 frs-core:ComputerEquipment 2023-09-01 2024-08-31 08169905 frs-core:ComputerEquipment 2023-08-31 08169905 frs-core:FurnitureFittings 2024-08-31 08169905 frs-core:FurnitureFittings 2023-09-01 2024-08-31 08169905 frs-core:FurnitureFittings 2023-08-31 08169905 frs-core:ShareCapital 2024-08-31 08169905 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 08169905 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 08169905 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 08169905 frs-bus:SmallEntities 2023-09-01 2024-08-31 08169905 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 08169905 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 08169905 frs-bus:Director1 2023-09-01 2024-08-31 08169905 frs-bus:Director2 2023-09-01 2024-08-31 08169905 frs-countries:EnglandWales 2023-09-01 2024-08-31 08169905 2022-08-31 08169905 2023-08-31 08169905 2022-09-01 2023-08-31 08169905 frs-core:CurrentFinancialInstruments 2023-08-31 08169905 frs-core:Non-currentFinancialInstruments 2023-08-31 08169905 frs-core:ShareCapital 2023-08-31 08169905 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 08169905
NETSOLANDSEC Ltd
Financial Statements
For The Year Ended 31 August 2024
J B Daniels Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08169905
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,889 3,258
2,889 3,258
CURRENT ASSETS
Debtors 5 59,147 74,308
59,147 74,308
NET CURRENT ASSETS (LIABILITIES) 59,147 74,308
TOTAL ASSETS LESS CURRENT LIABILITIES 62,036 77,566
Creditors: Amounts Falling Due After More Than One Year 6 (34,129 ) (40,666 )
NET ASSETS 27,907 36,900
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 27,807 36,800
SHAREHOLDERS' FUNDS 27,907 36,900
For the year ending 31 August 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 Olukayode Sonaike
Director
29/11/2024
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
NETSOLANDSEC Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08169905 . The registered office is Office 7, 35-37 Ludgate Hill Ludgate Hill, London, EC4M 7JN.
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. 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:
Fixtures & Fittings 3889
Computer Equipment 882
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 September 2023 6,707 1,176 7,883
As at 31 August 2024 6,707 1,176 7,883
Depreciation
As at 1 September 2023 3,872 753 4,625
Provided during the period 284 85 369
As at 31 August 2024 4,156 838 4,994
Net Book Value
As at 31 August 2024 2,551 338 2,889
As at 1 September 2023 2,835 423 3,258
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 74,308
Other debtors 59,147 -
59,147 74,308
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 34,129 40,666
Page 2
Page 3
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3