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 05970990 Mr D Halai Mr D Kara iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05970990 2023-10-31 05970990 2024-10-31 05970990 2023-11-01 2024-10-31 05970990 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 05970990 frs-bus:CompanyLimitedByGuarantee 2023-11-01 2024-10-31 05970990 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 05970990 frs-bus:SmallEntities 2023-11-01 2024-10-31 05970990 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 05970990 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 05970990 frs-bus:Director1 2023-11-01 2024-10-31 05970990 frs-bus:Director2 2023-11-01 2024-10-31 05970990 frs-countries:EnglandWales 2023-11-01 2024-10-31 05970990 2022-10-31 05970990 2023-10-31 05970990 2022-11-01 2023-10-31 05970990 frs-core:CurrentFinancialInstruments 2023-10-31 05970990 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 05970990
Newco Buying Association
Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 05970990
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 69 -
Cash at bank and in hand 2,125 54,821
2,194 54,821
Creditors: Amounts Falling Due Within One Year 5 (2,134 ) (53,816 )
NET CURRENT ASSETS (LIABILITIES) 60 1,005
TOTAL ASSETS LESS CURRENT LIABILITIES 60 1,005
NET ASSETS 60 1,005
Income and Expenditure Account 60 1,005
MEMBERS' FUNDS 60 1,005
Page 1
Page 2
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 Income and Expenditure Account.
On behalf of the board
Mr D Kara
Director
20/02/2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Newco Buying Association is a private company, limited by guarantee, incorporated in England & Wales, registered number 05970990 . The registered office is 14a Meadway Court, Rutherford Close, Stevenage, Hertfordshire, SG1 2EF.
The presentation currency of the financial statements is the Pound Sterling (£).
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 FRS 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 rendering of services. Turnover represents rebates received from suppliers, is invoiced on an annual basis and recognised when the amount becomes due.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Debtors
2024 2023
£ £
Due within one year
Other debtors 69 -
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 2,134 44,067
Taxation and social security - 9,749
2,134 53,816
6. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 3