Acorah Software Products - Accounts Production 16.3.350 false true true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 12178247 A S Gill S K Gill G S Shergill iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12178247 2023-08-31 12178247 2024-08-31 12178247 2023-09-01 2024-08-31 12178247 frs-core:Non-currentFinancialInstruments 2024-08-31 12178247 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 12178247 frs-core:ShareCapital 2024-08-31 12178247 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 12178247 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12178247 frs-bus:AbridgedAccounts 2023-09-01 2024-08-31 12178247 frs-bus:SmallEntities 2023-09-01 2024-08-31 12178247 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 12178247 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 12178247 frs-bus:Director1 2023-09-01 2024-08-31 12178247 frs-bus:Director2 2023-09-01 2024-08-31 12178247 frs-bus:Director3 2023-09-01 2024-08-31 12178247 frs-countries:EnglandWales 2023-09-01 2024-08-31 12178247 2022-08-31 12178247 2023-08-31 12178247 2022-09-01 2023-08-31 12178247 frs-core:Non-currentFinancialInstruments 2023-08-31 12178247 frs-core:ShareCapital 2023-08-31 12178247 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 12178247
SEQ1 Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3
Page 1
Abridged Balance Sheet
Registered number: 12178247
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 167,835 167,835
167,835 167,835
CURRENT ASSETS
Cash at bank and in hand 3,489 1,094
3,489 1,094
Creditors: Amounts Falling Due Within One Year (145,752 ) (136,083 )
NET CURRENT ASSETS (LIABILITIES) (142,263 ) (134,989 )
TOTAL ASSETS LESS CURRENT LIABILITIES 25,572 32,846
Creditors: Amounts Falling Due After More Than One Year (28,942 ) (33,981 )
NET LIABILITIES (3,370 ) (1,135 )
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account (3,470 ) (1,235 )
SHAREHOLDERS' FUNDS (3,370) (1,135)
Page 1
Page 2
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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 August 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
G S Shergill
Director
17/04/2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
SEQ1 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12178247 . The registered office is 12 Darley Abbey Mills, Darley Abbey, Derby, DE22 1DZ.
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. Going Concern Disclosure
The company has retained losses at 31 August 2024 of £3,470. The company therefore relies upon the continuing support of its directors to maintain its going concern status into the foreseeable future.
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:
Freehold NA
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Total
£
Cost
As at 1 September 2023 167,835
As at 31 August 2024 167,835
Net Book Value
As at 31 August 2024 167,835
As at 1 September 2023 167,835
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
6. Related Party Transactions
Included within the "Other creditors" total is £19,750 (2023: £10,250) due from a company which is controlled by the directors.
Page 3