Acorah Software Products - Accounts Production 16.2.850 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 12222488 Mr Andrew David Calvert iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12222488 2023-09-30 12222488 2024-09-30 12222488 2023-10-01 2024-09-30 12222488 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-30 12222488 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 12222488 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-30 12222488 frs-core:ShareCapital 2024-09-30 12222488 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 12222488 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12222488 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 12222488 frs-bus:SmallEntities 2023-10-01 2024-09-30 12222488 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 12222488 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 12222488 frs-bus:Director1 2023-10-01 2024-09-30 12222488 frs-countries:EnglandWales 2023-10-01 2024-09-30 12222488 2022-09-30 12222488 2023-09-30 12222488 2022-10-01 2023-09-30 12222488 frs-core:ShareCapital 2023-09-30 12222488 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 12222488
CALNEC Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12222488
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 120,000 -
120,000 -
CURRENT ASSETS
Debtors 5 100 100
Cash at bank and in hand 160,593 20,098
160,693 20,198
Creditors: Amounts Falling Due Within One Year 6 (1,960 ) (1,519 )
NET CURRENT ASSETS (LIABILITIES) 158,733 18,679
TOTAL ASSETS LESS CURRENT LIABILITIES 278,733 18,679
NET ASSETS 278,733 18,679
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 278,633 18,579
SHAREHOLDERS' FUNDS 278,733 18,679
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 Andrew David Calvert
Director
11/06/2025
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
CALNEC Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12222488 . The registered office is Jubilee House, East Beach, Lytham St.annes, FY8 5FT.
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. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.3. Financial Instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments; and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measure at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangement entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans and loans from fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividend payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
Page 2
Page 3
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 October 2023 -
Additions 120,000
As at 30 September 2024 120,000
Net Book Value
As at 30 September 2024 120,000
As at 1 October 2023 -
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 100 100
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 1,960 1,519
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3