Acorah Software Products - Accounts Production 16.4.660 false true true false 13 October 2023 31 December 2024 31 December 2024 15210643 Paul Westhead iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15210643 2023-10-12 15210643 2024-12-31 15210643 2023-10-13 2024-12-31 15210643 frs-core:CurrentFinancialInstruments 2024-12-31 15210643 frs-core:ComputerEquipment 2024-12-31 15210643 frs-core:ComputerEquipment 2023-10-13 2024-12-31 15210643 frs-core:ComputerEquipment 2023-10-12 15210643 frs-core:OtherReservesSubtotal 2024-12-31 15210643 frs-core:ShareCapital 2024-12-31 15210643 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 15210643 frs-bus:PrivateLimitedCompanyLtd 2023-10-13 2024-12-31 15210643 frs-bus:FilletedAccounts 2023-10-13 2024-12-31 15210643 frs-bus:SmallEntities 2023-10-13 2024-12-31 15210643 frs-bus:AuditExempt-NoAccountantsReport 2023-10-13 2024-12-31 15210643 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-13 2024-12-31 15210643 frs-core:CostValuation 2023-10-12 15210643 frs-core:AdditionsToInvestments 2024-12-31 15210643 frs-core:CostValuation 2024-12-31 15210643 frs-core:ProvisionsForImpairmentInvestments 2023-10-12 15210643 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 15210643 frs-bus:Director1 2023-10-13 2024-12-31 15210643 frs-countries:EnglandWales 2023-10-13 2024-12-31
Registered number: 15210643
Buntar Aerospace Ltd
Unaudited Financial Statements
For the Period 13 October 2023 to 31 December 2024
Daly Accounting
The Cobalt Building
1600 Eureka Park, Lower Pemberton
Ashford
Kent
TN25 4BF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 15210643
31 December 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 8,669
Investments 5 3,286
11,955
CURRENT ASSETS
Debtors 6 5,571
Cash at bank and in hand 397,403
402,974
Creditors: Amounts Falling Due Within One Year 7 (6,253 )
NET CURRENT ASSETS (LIABILITIES) 396,721
TOTAL ASSETS LESS CURRENT LIABILITIES 408,676
NET ASSETS 408,676
CAPITAL AND RESERVES
Called up share capital 8 100
Other reserves 2,474,143
Profit and Loss Account (2,065,567 )
SHAREHOLDERS' FUNDS 408,676
Page 1
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For the period ending 31 December 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
Paul Westhead
Director
9th July 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
Buntar Aerospace Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15210643 . The registered office is 41 Devonshire Street, Ground Floor, London, W1G 7AJ.
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. Going Concern Disclosure
The Directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The financial statements have therefore been prepared on the going concern basis.
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:
Computer Equipment Over 3 Years
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
4. Tangible Assets
Computer Equipment
£
Cost
As at 13 October 2023 -
Additions 10,465
As at 31 December 2024 10,465
Depreciation
As at 13 October 2023 -
Provided during the period 1,796
As at 31 December 2024 1,796
Net Book Value
As at 31 December 2024 8,669
As at 13 October 2023 -
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5. Investments
Subsidiaries
£
Cost
As at 13 October 2023 -
Additions 3,286
As at 31 December 2024 3,286
Provision
As at 13 October 2023 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 3,286
As at 13 October 2023 -
6. Debtors
31 December 2024
£
Due within one year
VAT 5,471
Directors' loan accounts 100
5,571
7. Creditors: Amounts Falling Due Within One Year
31 December 2024
£
Trade creditors (81,216 )
Accruals and deferred income 87,469
6,253
8. Share Capital
31 December 2024
£
Allotted, Called up and fully paid 100
9. Reserves
During the reporting period, the Company received a total of £2,474,143 under Advance Subscription Agreements (ASAs) from investors. Under the terms of the ASAs, the Company is contractually obligated to issue shares upon the occurrence of specified future events, or if such events do not occur, no later than 24 months from the date of each respective agreement (the long-stop date). These funds have been recognised within equity as an Advanced Subscription Reserve.
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10. Related Party Transactions
During the period, the Company entered into consultancy arrangements with the following shareholders:
Ivan Kaunov– consultancy fees of £61,711 were paid for business consultancy  services. 
Bohdan Sas  – consultancy fees of £66,682 were paid for technical consultancy services.
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