Acorah Software Products - Accounts Production 16.4.660 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 07253146 Mr ANTONIO VENDITTO Mr Paolo Armato iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07253146 2023-12-31 07253146 2024-12-31 07253146 2024-01-01 2024-12-31 07253146 frs-core:CurrentFinancialInstruments 2024-12-31 07253146 frs-core:Non-currentFinancialInstruments 2024-12-31 07253146 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 07253146 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 07253146 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 07253146 frs-core:SharePremium 2024-12-31 07253146 frs-core:ShareCapital 2024-12-31 07253146 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 07253146 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07253146 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 07253146 frs-bus:SmallEntities 2024-01-01 2024-12-31 07253146 frs-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 07253146 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07253146 frs-bus:Director1 2024-01-01 2024-12-31 07253146 frs-bus:Director2 2024-01-01 2024-12-31 07253146 frs-countries:EnglandWales 2024-01-01 2024-12-31 07253146 2022-12-31 07253146 2023-12-31 07253146 2023-01-01 2023-12-31 07253146 frs-core:CurrentFinancialInstruments 2023-12-31 07253146 frs-core:Non-currentFinancialInstruments 2023-12-31 07253146 frs-core:SharePremium 2023-12-31 07253146 frs-core:ShareCapital 2023-12-31 07253146 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 07253146
A.I.D. FITTERS LIMITED
Unaudited Financial Statements
For The Year Ended 31 December 2024
Vertice Italy
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountant's Report
In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the balance sheet as at year ended 31 December 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
02/05/2025
Vertice Italy
AIA
13 st swithin's lane
second floor
London
EC4N 8AL
Page 1
Page 2
Balance Sheet
Registered number: 07253146
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 521,859 521,859
521,859 521,859
CURRENT ASSETS
Debtors 5 - 23,720
Cash at bank and in hand 16,363 30,968
16,363 54,688
Creditors: Amounts Falling Due Within One Year 6 (69,319 ) (65,949 )
NET CURRENT ASSETS (LIABILITIES) (52,956 ) (11,261 )
TOTAL ASSETS LESS CURRENT LIABILITIES 468,903 510,598
Creditors: Amounts Falling Due After More Than One Year 7 (141,321 ) (141,321 )
NET ASSETS 327,582 369,277
CAPITAL AND RESERVES
Called up share capital 8 1 1
Share premium account 418,061 418,061
Profit and Loss Account (90,480 ) (48,785 )
SHAREHOLDERS' FUNDS 327,582 369,277
Page 2
Page 3
For the year 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
Mr Paolo Armato
Director
02/05/2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
A.I.D. FITTERS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 07253146 . The registered office is 13 St. Swithin's Lane,, 2nd Floor,, London, EC4N 8AL.
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:
Leasehold -
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 year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Leasehold
£
Cost
As at 1 January 2024 521,859
As at 31 December 2024 521,859
Net Book Value
As at 31 December 2024 521,859
As at 1 January 2024 521,859
Page 4
Page 5
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 16,356
Other debtors - 7,364
- 23,720
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 43,872 39,573
Other creditors 22,976 25,257
Taxation and social security 2,471 1,119
69,319 65,949
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 141,321 141,321
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 5