Acorah Software Products - Accounts Production 16.3.350 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 SC677390 Mr Marcus Conway Dr Heather Fotheringham iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC677390 2023-10-31 SC677390 2024-10-31 SC677390 2023-11-01 2024-10-31 SC677390 frs-core:CurrentFinancialInstruments 2024-10-31 SC677390 frs-core:ComputerEquipment 2024-10-31 SC677390 frs-core:ComputerEquipment 2023-11-01 2024-10-31 SC677390 frs-core:ComputerEquipment 2023-10-31 SC677390 frs-core:ShareCapital 2024-10-31 SC677390 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 SC677390 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 SC677390 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 SC677390 frs-bus:SmallEntities 2023-11-01 2024-10-31 SC677390 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 SC677390 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 SC677390 frs-bus:Director1 2023-11-01 2024-10-31 SC677390 frs-bus:Director2 2023-11-01 2024-10-31 SC677390 frs-countries:Scotland 2023-11-01 2024-10-31 SC677390 2022-10-31 SC677390 2023-10-31 SC677390 2022-11-01 2023-10-31 SC677390 frs-core:CurrentFinancialInstruments 2023-10-31 SC677390 frs-core:ShareCapital 2023-10-31 SC677390 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: SC677390
Awesome Underdog Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
DEB Chartered Accountants
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC677390
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 7,706
- 7,706
CURRENT ASSETS
Debtors 5 639 300
Cash at bank and in hand 273 1,765
912 2,065
Creditors: Amounts Falling Due Within One Year 6 (9,067 ) (12,299 )
NET CURRENT ASSETS (LIABILITIES) (8,155 ) (10,234 )
TOTAL ASSETS LESS CURRENT LIABILITIES (8,155 ) (2,528 )
NET LIABILITIES (8,155 ) (2,528 )
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account (8,157 ) (2,530 )
SHAREHOLDERS' FUNDS (8,155) (2,528)
For the year ending 31 October 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 Marcus Conway
Director
16/06/2025
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
Awesome Underdog Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC677390 . The registered office is 19 Middlewoods Way, Wharncliffe Business Park, Barnsley, South Yorkshire, S71 3HR.
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:
Office Equipment 25% Reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Office Equipment
£
Cost
As at 1 November 2023 16,967
Disposals (16,967 )
As at 31 October 2024 -
Depreciation
As at 1 November 2023 9,261
Disposals (9,261 )
As at 31 October 2024 -
Net Book Value
As at 31 October 2024 -
As at 1 November 2023 7,706
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 354 300
PAYE Control 285 -
639 300
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 6 -
Directors' loan accounts 9,061 12,299
9,067 12,299
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
8. Related Party Transactions
The company is controlled by Mr M Conway, director and shareholder of the company.
The balance on the director's loan accounts of Mr M Conway at 31st October 2024 was £9,061 (2023 - £12,299) due from the company.
Page 3