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 09173174 Mr John Voyo iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09173174 2023-08-31 09173174 2024-08-31 09173174 2023-09-01 2024-08-31 09173174 frs-core:CurrentFinancialInstruments 2024-08-31 09173174 frs-core:PlantMachinery 2024-08-31 09173174 frs-core:PlantMachinery 2023-09-01 2024-08-31 09173174 frs-core:PlantMachinery 2023-08-31 09173174 frs-core:ShareCapital 2024-08-31 09173174 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 09173174 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 09173174 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 09173174 frs-bus:SmallEntities 2023-09-01 2024-08-31 09173174 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 09173174 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 09173174 frs-bus:Director1 2023-09-01 2024-08-31 09173174 frs-countries:EnglandWales 2023-09-01 2024-08-31 09173174 2022-08-31 09173174 2023-08-31 09173174 2022-09-01 2023-08-31 09173174 frs-core:CurrentFinancialInstruments 2023-08-31 09173174 frs-core:ShareCapital 2023-08-31 09173174 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 09173174
City Massage & Well-Being Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Anumerate Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 09173174
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 - 1,765
Cash at bank and in hand - 117
- 1,882
Creditors: Amounts Falling Due Within One Year 6 (59,866 ) (61,748 )
NET CURRENT ASSETS (LIABILITIES) (59,866 ) (59,866 )
TOTAL ASSETS LESS CURRENT LIABILITIES (59,866 ) (59,866 )
NET LIABILITIES (59,866 ) (59,866 )
CAPITAL AND RESERVES
Called up share capital 7 10 10
Profit and Loss Account (59,876 ) (59,876 )
SHAREHOLDERS' FUNDS (59,866) (59,866)
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 John Voyo
Director
15/05/2025
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
City Massage & Well-Being Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09173174 . The registered office is 12 Lentmead Road, Bromley, BR1 5HL.
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
2.2. Going Concern Disclosure
The company was made dormant for the 2024 financial year, all liabilities were met by the Director.
2.3. 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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
2.4. Tangible Fixed Assets and Depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & Machinery 25% on a straight-line basis
2.5. Taxation
Taxation expense for the year represents current tax recognised in the reporting period and is recognised in the statement of comprehensive income. Current tax is the amount of income tax payable in respect of taxable profit for the year or prior years. Tax is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the year end. Current taxation assets and liabilities are not discounted. The Company has no corporation tax charge due to losses being carried forward.
Deferred tax assets are recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax assets and liabilities are measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply in the periods in which any timing differences are expected to reverse. Deferred tax assets and liabilities are not discounted. No deferred tax asset has been recognised for the current or previous year.
On 3 March 2021, the government announced its intention to increase the corporation tax rate from 1 April 2023. This rate will taper from 19% for businesses with profits of less than £50,000 to 25% for businesses with profits over £250,000. This is anticipated to be substantively enacted once the Finance Bill 2021 passes the House of Commons. The unrecognised deferred tax asset at the reporting date has been measured using the currently enacted tax rate being 19%.
2.6. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.7. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Page 2
Page 3
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 September 2023 870
As at 31 August 2024 870
Depreciation
As at 1 September 2023 870
As at 31 August 2024 870
Net Book Value
As at 31 August 2024 -
As at 1 September 2023 -
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 924
Other debtors - 841
- 1,765
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 471
Bank loans and overdrafts 2,930 2,370
Other creditors 56,935 58,907
59,866 61,748
Amounts owed to the Director are unsecured, interest-free and with no fixed terms of repayment.
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
8. Related Party Transactions
During the year the Director advanced cash to the Company to facilitate its operations. Amounts owed to the Director are set out in note 6 above.
Page 3