Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 12 September 2022 false 1 October 2023 30 September 2024 30 September 2024 14352233 Mr Jacob Sebastian Mr Anish Mathew iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14352233 2023-09-30 14352233 2024-09-30 14352233 2023-10-01 2024-09-30 14352233 frs-core:CurrentFinancialInstruments 2024-09-30 14352233 frs-core:Non-currentFinancialInstruments 2024-09-30 14352233 frs-core:PlantMachinery 2024-09-30 14352233 frs-core:PlantMachinery 2023-10-01 2024-09-30 14352233 frs-core:PlantMachinery 2023-09-30 14352233 frs-core:ShareCapital 2024-09-30 14352233 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 14352233 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 14352233 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 14352233 frs-bus:SmallEntities 2023-10-01 2024-09-30 14352233 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 14352233 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 14352233 frs-bus:Director1 2023-10-01 2024-09-30 14352233 frs-bus:Director2 2023-10-01 2024-09-30 14352233 frs-countries:EnglandWales 2023-10-01 2024-09-30 14352233 2022-09-11 14352233 2023-09-30 14352233 2022-09-12 2023-09-30 14352233 frs-core:CurrentFinancialInstruments 2023-09-30 14352233 frs-core:Non-currentFinancialInstruments 2023-09-30 14352233 frs-core:ShareCapital 2023-09-30 14352233 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 14352233
OASIS SPA LTD
Unaudited Financial Statements
For The Year Ended 30 September 2024
SKN Services Ltd
Chartered Accountants
Six Ways Business Centre
1 Guildford Street
Birmingham
B19 2HN
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14352233
30 September 2024 30 September 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,849 11,061
8,849 11,061
CURRENT ASSETS
Debtors 5 1,262 399
Cash at bank and in hand 7,139 1,362
8,401 1,761
Creditors: Amounts Falling Due Within One Year 6 (60,402 ) (48,320 )
NET CURRENT ASSETS (LIABILITIES) (52,001 ) (46,559 )
TOTAL ASSETS LESS CURRENT LIABILITIES (43,152 ) (35,498 )
Creditors: Amounts Falling Due After More Than One Year 7 (4,174 ) -
NET LIABILITIES (47,326 ) (35,498 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (47,426 ) (35,598 )
SHAREHOLDERS' FUNDS (47,326) (35,498)
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 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 Jacob Sebastian
Director
18th June 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
OASIS SPA LTD is a private company, limited by shares, incorporated in England & Wales, registered number 14352233 . The registered office is 10 Coleshill Road, Hodge Hill, Birmingham, B36 8AA.
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.
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.
2.3. 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:
Plant & Machinery 20% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 4)
5 4
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 October 2023 13,826
As at 30 September 2024 13,826
Depreciation
As at 1 October 2023 2,765
Provided during the period 2,212
As at 30 September 2024 4,977
Net Book Value
As at 30 September 2024 8,849
As at 1 October 2023 11,061
Page 2
Page 3
5. Debtors
30 September 2024 30 September 2023
£ £
Due within one year
Trade debtors 1,262 399
6. Creditors: Amounts Falling Due Within One Year
30 September 2024 30 September 2023
£ £
Trade creditors 202 504
Other creditors 53,623 46,292
Taxation and social security 6,577 1,524
60,402 48,320
7. Creditors: Amounts Falling Due After More Than One Year
30 September 2024 30 September 2023
£ £
Bank loans 4,174 -
8. Share Capital
30 September 2024 30 September 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3