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 12859829 Mrs Karandeep Blaggan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12859829 2023-09-30 12859829 2024-09-30 12859829 2023-10-01 2024-09-30 12859829 frs-core:CurrentFinancialInstruments 2024-09-30 12859829 frs-core:Non-currentFinancialInstruments 2024-09-30 12859829 frs-core:ComputerEquipment 2024-09-30 12859829 frs-core:ComputerEquipment 2023-10-01 2024-09-30 12859829 frs-core:ComputerEquipment 2023-09-30 12859829 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-10-01 2024-09-30 12859829 frs-core:FurnitureFittings 2024-09-30 12859829 frs-core:FurnitureFittings 2023-10-01 2024-09-30 12859829 frs-core:FurnitureFittings 2023-09-30 12859829 frs-core:OtherResidualIntangibleAssets 2024-09-30 12859829 frs-core:OtherResidualIntangibleAssets 2023-10-01 2024-09-30 12859829 frs-core:OtherResidualIntangibleAssets 2023-09-30 12859829 frs-core:ShareCapital 2024-09-30 12859829 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 12859829 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12859829 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 12859829 frs-bus:SmallEntities 2023-10-01 2024-09-30 12859829 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 12859829 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 12859829 frs-bus:Director1 2023-10-01 2024-09-30 12859829 frs-countries:EnglandWales 2023-10-01 2024-09-30 12859829 2022-09-30 12859829 2023-09-30 12859829 2022-10-01 2023-09-30 12859829 frs-core:CurrentFinancialInstruments 2023-09-30 12859829 frs-core:Non-currentFinancialInstruments 2023-09-30 12859829 frs-core:ShareCapital 2023-09-30 12859829 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 12859829
AYAT TRADING LIMITED
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12859829
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 5,970 6,965
Tangible Assets 5 44,188 53,230
50,158 60,195
CURRENT ASSETS
Stocks 6 19,720 17,340
Debtors 7 3,133 2,031
Cash at bank and in hand 30,259 61,381
53,112 80,752
Creditors: Amounts Falling Due Within One Year 8 (17,724 ) (22,713 )
NET CURRENT ASSETS (LIABILITIES) 35,388 58,039
TOTAL ASSETS LESS CURRENT LIABILITIES 85,546 118,234
Creditors: Amounts Falling Due After More Than One Year 9 (80,810 ) (107,810 )
NET ASSETS 4,736 10,424
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 4,636 10,324
SHAREHOLDERS' FUNDS 4,736 10,424
Page 1
Page 2
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 her 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
Mrs Karandeep Blaggan
Director
9 June 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
AYAT TRADING LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 12859829 . The registered office is 37 Commercial Street, Commercial Street, Newport, NP20 1HP.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are licence fee. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. 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:
Fixtures & Fittings 20% Reducing balance
Computer Equipment 20% Reducing balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2023: 10)
10 10
4. Intangible Assets
Other
£
Cost
As at 1 October 2023 9,950
As at 30 September 2024 9,950
...CONTINUED
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Page 4
Amortisation
As at 1 October 2023 2,985
Provided during the period 995
As at 30 September 2024 3,980
Net Book Value
As at 30 September 2024 5,970
As at 1 October 2023 6,965
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 October 2023 92,565 11,400 103,965
Additions 2,005 - 2,005
As at 30 September 2024 94,570 11,400 105,970
Depreciation
As at 1 October 2023 45,172 5,563 50,735
Provided during the period 9,879 1,168 11,047
As at 30 September 2024 55,051 6,731 61,782
Net Book Value
As at 30 September 2024 39,519 4,669 44,188
As at 1 October 2023 47,393 5,837 53,230
6. Stocks
2024 2023
£ £
Materials 19,720 17,340
7. Debtors
2024 2023
£ £
Due within one year
VAT 3,133 2,031
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,140 3,364
Net wages 3,885 4,165
Other creditors 715 -
Accruals and deferred income 570 4,833
Director's loan account 10,414 10,351
17,724 22,713
Page 4
Page 5
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Amounts owed to associates 80,810 107,810
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5