Acorah Software Products - Accounts Production 16.2.850 false true true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 13962988 Dr Andrew Larner Mr John Henniker-Gotley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13962988 2023-08-31 13962988 2024-08-31 13962988 2023-09-01 2024-08-31 13962988 frs-core:CurrentFinancialInstruments 2024-08-31 13962988 frs-core:ShareCapital 2024-08-31 13962988 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 13962988 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 13962988 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 13962988 frs-bus:SmallEntities 2023-09-01 2024-08-31 13962988 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 13962988 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 13962988 frs-bus:Director1 2023-09-01 2024-08-31 13962988 frs-bus:Director2 2023-09-01 2024-08-31 13962988 frs-countries:EnglandWales 2023-09-01 2024-08-31 13962988 2022-08-31 13962988 2023-08-31 13962988 2022-09-01 2023-08-31 13962988 frs-core:CurrentFinancialInstruments 2023-08-31 13962988 frs-core:ShareCapital 2023-08-31 13962988 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 13962988
Aerem Group Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Simpson Associates
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13962988
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 238 360
Cash at bank and in hand 7,628 22,130
7,866 22,490
Creditors: Amounts Falling Due Within One Year 5 (49,753 ) (42,021 )
NET CURRENT ASSETS (LIABILITIES) (41,887 ) (19,531 )
TOTAL ASSETS LESS CURRENT LIABILITIES (41,887 ) (19,531 )
NET LIABILITIES (41,887 ) (19,531 )
CAPITAL AND RESERVES
Called up share capital 6 101 101
Profit and Loss Account (41,988 ) (19,632 )
SHAREHOLDERS' FUNDS (41,887) (19,531)
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 John Henniker-Gotley
Director
27/05/2025
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
Aerem Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13962988 . The registered office is Alum House 5 Alum Chine Road, Westbourne, Bournemouth, Dorset, BH4 8DT.
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 directors have considered the going concern status and are satisfied that the company is a going concern and is able to pay its liabiities as they fall due.
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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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.
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Debtors
2024 2023
£ £
Due within one year
Other debtors 238 360
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 8,346 1,737
Amounts owed to participating interests 350 72
Other creditors 41,023 40,212
Taxation and social security 34 -
49,753 42,021
6. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid 51 51
Called Up Share Capital has been paid up 50 50
Amount of Allotted, Called Up Share Capital 101 101
Page 3