Acorah Software Products - Accounts Production 16.3.350 false true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 9627087 Mr Anthony Norton true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 9627087 2023-06-30 9627087 2024-06-30 9627087 2023-07-01 2024-06-30 9627087 frs-core:CurrentFinancialInstruments 2024-06-30 9627087 frs-core:Non-currentFinancialInstruments 2024-06-30 9627087 frs-core:ComputerEquipment 2024-06-30 9627087 frs-core:ComputerEquipment 2023-07-01 2024-06-30 9627087 frs-core:ComputerEquipment 2023-06-30 9627087 frs-core:PlantMachinery 2024-06-30 9627087 frs-core:PlantMachinery 2023-07-01 2024-06-30 9627087 frs-core:PlantMachinery 2023-06-30 9627087 frs-core:ShareCapital 2024-06-30 9627087 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 9627087 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 9627087 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 9627087 frs-bus:SmallEntities 2023-07-01 2024-06-30 9627087 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 9627087 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 9627087 1 2023-07-01 2024-06-30 9627087 frs-bus:Director1 2023-07-01 2024-06-30 9627087 frs-countries:EnglandWales 2023-07-01 2024-06-30 9627087 2022-06-30 9627087 2023-06-30 9627087 2022-07-01 2023-06-30 9627087 frs-core:CurrentFinancialInstruments 2023-06-30 9627087 frs-core:Non-currentFinancialInstruments 2023-06-30 9627087 frs-core:ShareCapital 2023-06-30 9627087 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 9627087
AE Cosmetics Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Graver & Co Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 9627087
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,197 1,918
3,197 1,918
CURRENT ASSETS
Stocks 5 2,002 3,800
Debtors 6 5,436 3,899
Cash at bank and in hand 6,548 18,763
13,986 26,462
Creditors: Amounts Falling Due Within One Year 7 (10,767 ) (10,534 )
NET CURRENT ASSETS (LIABILITIES) 3,219 15,928
TOTAL ASSETS LESS CURRENT LIABILITIES 6,416 17,846
Creditors: Amounts Falling Due After More Than One Year 8 (42,415 ) (33,855 )
NET LIABILITIES (35,999 ) (16,009 )
CAPITAL AND RESERVES
Called up share capital 9 10 10
Profit and Loss Account (36,009 ) (16,019 )
SHAREHOLDERS' FUNDS (35,999) (16,009)
Page 1
Page 2
For the year ending 30 June 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 Anthony Norton
Director
23rd June 2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
AE Cosmetics Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 9627087 . The registered office is 69 Bethel Street, Norwich, Norfolk, NR2 1NR.
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 Financial Reporting Standard for Smaller Entities (effective January 2015).
2.2. Going Concern Disclosure
The accounts have been prepared on a going concern basis which may not be appropriate as at the Balance Sheet date the liabilities exceeded the assets by £35999.82(£16008 - 2023). The company meets it's day to day working capital requirements through a loan provided by the Shareholder, who is also the sole Director. In light of this ongoing support the Director believes that it is appropriate to prepare the accounts on a going concern basis which assumes that the company will continue in operational existence for the forseeable future.
2.3. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. All income is derived from activities within the UK.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 25% reducing balance
Computer Equipment 25% 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:
2024 2023
Office and administration 1 1
Sales, marketing and distribution 3 3
4 4
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4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 July 2023 5,187 1,038 6,225
Additions - 2,343 2,343
As at 30 June 2024 5,187 3,381 8,568
Depreciation
As at 1 July 2023 3,445 862 4,307
Provided during the period 435 629 1,064
As at 30 June 2024 3,880 1,491 5,371
Net Book Value
As at 30 June 2024 1,307 1,890 3,197
As at 1 July 2023 1,742 176 1,918
5. Stocks
2024 2023
£ £
Materials 2,002 3,800
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,357 2,899
Prepayments and accrued income 1,032 1,000
VAT 2,047 -
5,436 3,899
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 10,767 3,690
VAT - 6,844
10,767 10,534
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8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Directors loan account 42,415 33,855
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
10. Related Party Transactions
11. Ultimate Controlling Party
The company's ultimate controlling party is Mr A G Norton by virtue of his ownership of 100% of the issued share capital in the company.
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