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 12814234 Miss Leandra Laubscher iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12814234 2023-08-31 12814234 2024-08-31 12814234 2023-09-01 2024-08-31 12814234 frs-core:CurrentFinancialInstruments 2024-08-31 12814234 frs-core:ShareCapital 2024-08-31 12814234 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 12814234 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12814234 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 12814234 frs-bus:SmallEntities 2023-09-01 2024-08-31 12814234 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 12814234 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 12814234 frs-bus:Director1 2023-09-01 2024-08-31 12814234 frs-bus:Director1 2023-08-31 12814234 frs-bus:Director1 2024-08-31 12814234 frs-countries:EnglandWales 2023-09-01 2024-08-31 12814234 2022-08-31 12814234 2023-08-31 12814234 2022-09-01 2023-08-31 12814234 frs-core:CurrentFinancialInstruments 2023-08-31 12814234 frs-core:ShareCapital 2023-08-31 12814234 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 12814234
Zen Accounting Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Guildford Accounting
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12814234
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 20,061 14,552
Cash at bank and in hand 4,872 5,427
24,933 19,979
Creditors: Amounts Falling Due Within One Year 5 (22,184 ) (19,806 )
NET CURRENT ASSETS (LIABILITIES) 2,749 173
TOTAL ASSETS LESS CURRENT LIABILITIES 2,749 173
NET ASSETS 2,749 173
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 2,649 73
SHAREHOLDERS' FUNDS 2,749 173
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 her 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
Miss Leandra Laubscher
Director
14/01/2025
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
Zen Accounting Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12814234 . The registered office is 3rd Floor 86-90 Paul Street, London, EC2A 4NE.
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.
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. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
Current 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 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: 1 (2023: 1)
1 1
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,108 3,221
Director's loan account 13,953 11,331
20,061 14,552
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,890 470
Corporation tax 15,204 15,596
Other creditors 4,490 3,140
Accruals and deferred income 600 600
22,184 19,806
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
7. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 September 2023 Amounts advanced Amounts repaid Amounts written off As at 31 August 2024
£ £ £ £ £
Miss Leandra Laubscher 11,331 66,890 64,267 - 13,953
The above loan is unsecured and repayable within 9 months
Page 3