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 09721819 Mr P J Balchev iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09721819 2023-08-31 09721819 2024-08-31 09721819 2023-09-01 2024-08-31 09721819 frs-core:Non-currentFinancialInstruments 2024-08-31 09721819 frs-core:ComputerEquipment 2024-08-31 09721819 frs-core:ComputerEquipment 2023-09-01 2024-08-31 09721819 frs-core:ComputerEquipment 2023-08-31 09721819 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-31 09721819 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 09721819 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-31 09721819 frs-core:ShareCapital 2024-08-31 09721819 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 09721819 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 09721819 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 09721819 frs-bus:SmallEntities 2023-09-01 2024-08-31 09721819 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 09721819 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 09721819 frs-bus:Director1 2023-09-01 2024-08-31 09721819 frs-countries:EnglandWales 2023-09-01 2024-08-31 09721819 2022-08-31 09721819 2023-08-31 09721819 2022-09-01 2023-08-31 09721819 frs-core:Non-currentFinancialInstruments 2023-08-31 09721819 frs-core:ShareCapital 2023-08-31 09721819 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 09721819
Artia Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Finsbury Robinson Ltd
237 Westcombe Hill
London
SE3 7DW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09721819
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 327,009 326,417
327,009 326,417
CURRENT ASSETS
Cash at bank and in hand 55,665 30,435
55,665 30,435
Creditors: Amounts Falling Due Within One Year (100,033 ) (99,245 )
NET CURRENT ASSETS (LIABILITIES) (44,368 ) (68,810 )
TOTAL ASSETS LESS CURRENT LIABILITIES 282,641 257,607
Creditors: Amounts Falling Due After More Than One Year (250,000 ) (214,200 )
NET ASSETS 32,641 43,407
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account 32,541 43,307
SHAREHOLDERS' FUNDS 32,641 43,407
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 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 P J Balchev
Director
13th May 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Artia Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09721819 . The registered office is 237 Westcombe Hill, London, SE3 7DW.
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.
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 0%
Computer Equipment 25% on reducing balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
Tax is recognised in the profit and loss account except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
Deferred Tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the Balance Sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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
Land & Property
Freehold Computer Equipment Total
£ £ £
Cost
As at 1 September 2023 326,417 - 326,417
Additions - 789 789
As at 31 August 2024 326,417 789 327,206
Depreciation
As at 1 September 2023 - - -
Provided during the period - 197 197
As at 31 August 2024 - 197 197
Net Book Value
As at 31 August 2024 326,417 592 327,009
As at 1 September 2023 326,417 - 326,417
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4