Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 10934314 Mr Michael Mahony iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10934314 2023-08-31 10934314 2024-08-31 10934314 2023-09-01 2024-08-31 10934314 frs-core:CurrentFinancialInstruments 2024-08-31 10934314 frs-core:FurnitureFittings 2024-08-31 10934314 frs-core:FurnitureFittings 2023-09-01 2024-08-31 10934314 frs-core:FurnitureFittings 2023-08-31 10934314 frs-core:ShareCapital 2024-08-31 10934314 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 10934314 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 10934314 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 10934314 frs-bus:SmallEntities 2023-09-01 2024-08-31 10934314 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 10934314 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 10934314 frs-bus:Director1 2023-09-01 2024-08-31 10934314 frs-countries:EnglandWales 2023-09-01 2024-08-31 10934314 2022-08-31 10934314 2023-08-31 10934314 2022-09-01 2023-08-31 10934314 frs-core:CurrentFinancialInstruments 2023-08-31 10934314 frs-core:ShareCapital 2023-08-31 10934314 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 10934314
The Funding Organisation Ltd.
Unaudited Financial Statements
For The Year Ended 31 August 2024
Mahony & Company Ltd
Office1
Retford Enterprise Centre
Retford
Notts
DN22 9GR
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10934314
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 168 224
168 224
CURRENT ASSETS
Debtors 5 38,543 38,362
Cash at bank and in hand 390 4,707
38,933 43,069
Creditors: Amounts Falling Due Within One Year 6 (28,951 ) (30,998 )
NET CURRENT ASSETS (LIABILITIES) 9,982 12,071
TOTAL ASSETS LESS CURRENT LIABILITIES 10,150 12,295
NET ASSETS 10,150 12,295
CAPITAL AND RESERVES
Called up share capital 7 200 200
Profit and Loss Account 9,950 12,095
SHAREHOLDERS' FUNDS 10,150 12,295
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 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 Michael Mahony
Director
25/06/2025
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
The Funding Organisation Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 10934314 . The registered office is 441 Gateford Rd, Worksop, Notts, S81 7BN.
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. 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 25% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 September 2023 398
As at 31 August 2024 398
Depreciation
As at 1 September 2023 174
Provided during the period 56
As at 31 August 2024 230
Net Book Value
As at 31 August 2024 168
As at 1 September 2023 224
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 12,400 12,400
Prepayments and accrued income 10,000 10,000
Other debtors 1,556 1,556
VAT 251 70
Amounts owed by associates 14,336 14,336
38,543 38,362
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 15,888 23,885
Corporation tax 5,681 5,681
Accruals and deferred income 1,900 1,400
Director's loan account 5,482 32
28,951 30,998
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
Page 3