Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 07969338 Mr Ademir Volic iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07969338 2023-09-30 07969338 2024-09-30 07969338 2023-10-01 2024-09-30 07969338 frs-core:CurrentFinancialInstruments 2024-09-30 07969338 frs-core:Non-currentFinancialInstruments 2024-09-30 07969338 frs-core:FurnitureFittings 2024-09-30 07969338 frs-core:FurnitureFittings 2023-10-01 2024-09-30 07969338 frs-core:FurnitureFittings 2023-09-30 07969338 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-30 07969338 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 07969338 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-30 07969338 frs-core:ShareCapital 2024-09-30 07969338 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 07969338 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 07969338 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 07969338 frs-bus:SmallEntities 2023-10-01 2024-09-30 07969338 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 07969338 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 07969338 frs-bus:Director1 2023-10-01 2024-09-30 07969338 frs-bus:Director1 2023-09-30 07969338 frs-bus:Director1 2024-09-30 07969338 frs-countries:EnglandWales 2023-10-01 2024-09-30 07969338 2022-09-30 07969338 2023-09-30 07969338 2022-10-01 2023-09-30 07969338 frs-core:CurrentFinancialInstruments 2023-09-30 07969338 frs-core:Non-currentFinancialInstruments 2023-09-30 07969338 frs-core:ShareCapital 2023-09-30 07969338 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 07969338
Volume 3 Architecture Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Morris Wheeler & Co Limited
1 Pond Lane
Bentfield Road
Stansted
Essex
CM24 8JG
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 07969338
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 13,504 14,554
13,504 14,554
CURRENT ASSETS
Debtors 5 196,191 90,697
Cash at bank and in hand 254 11,292
196,445 101,989
Creditors: Amounts Falling Due Within One Year 6 (193,248 ) (116,366 )
NET CURRENT ASSETS (LIABILITIES) 3,197 (14,377 )
TOTAL ASSETS LESS CURRENT LIABILITIES 16,701 177
Creditors: Amounts Falling Due After More Than One Year 7 (16,665 ) -
NET ASSETS 36 177
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 34 175
SHAREHOLDERS' FUNDS 36 177
For the year ending 30 September 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 Ademir Volic
Director
03/06/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Volume 3 Architecture Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07969338 . The registered office is 1 Pond Lane, Bentfield Road, Stansted, Essex, CM24 8JG.
The presentation currency of the financial statements is in Pound Sterling (£).
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
At the year end the Balance Sheet of the Company was in deficit. However the director had confirmed there continuing support of the Company and the Financial Statements have therefore been prepared on a going concern basis.
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 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. 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 3% on cost
Fixtures & Fittings 20% on cost
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
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 year 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: 2 (2023: 2)
2 2
Page 2
Page 3
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 October 2023 14,644 8,598 23,242
As at 30 September 2024 14,644 8,598 23,242
Depreciation
As at 1 October 2023 1,066 7,622 8,688
Provided during the period 440 610 1,050
As at 30 September 2024 1,506 8,232 9,738
Net Book Value
As at 30 September 2024 13,138 366 13,504
As at 1 October 2023 13,578 976 14,554
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 19,500 5,400
Other debtors 44,012 -
Director's loan account 132,679 85,297
196,191 90,697
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,447 (1 )
Bank loans and overdrafts 28,551 3,917
Corporation tax 94,781 35,215
Other taxes and social security 4,053 6,098
VAT 59,616 64,046
Other creditors - 91
Accruals and deferred income 3,800 7,000
193,248 116,366
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 16,665 -
Page 3
Page 4
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 October 2023 Amounts advanced Amounts repaid Amounts written off As at 30 September 2024
£ £ £ £ £
Mr Ademir Volic 85,298 47,382 - - 132,679
The above loan is unsecured and repayable on demand. Interest is charged on the loan at 2.25% p.a.
Page 4