Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 09362464 Mr Peter K Acquah Mr Benjamin Amo iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09362464 2023-12-31 09362464 2024-12-31 09362464 2024-01-01 2024-12-31 09362464 frs-core:CurrentFinancialInstruments 2024-12-31 09362464 frs-core:FurnitureFittings 2024-12-31 09362464 frs-core:FurnitureFittings 2024-01-01 2024-12-31 09362464 frs-core:FurnitureFittings 2023-12-31 09362464 frs-core:NetGoodwill 2024-12-31 09362464 frs-core:NetGoodwill 2024-01-01 2024-12-31 09362464 frs-core:NetGoodwill 2023-12-31 09362464 frs-core:ShareCapital 2024-12-31 09362464 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 09362464 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09362464 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 09362464 frs-bus:SmallEntities 2024-01-01 2024-12-31 09362464 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09362464 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09362464 frs-bus:Director1 2024-01-01 2024-12-31 09362464 frs-bus:Director2 2024-01-01 2024-12-31 09362464 frs-countries:EnglandWales 2024-01-01 2024-12-31 09362464 2022-12-31 09362464 2023-12-31 09362464 2023-01-01 2023-12-31 09362464 frs-core:CurrentFinancialInstruments 2023-12-31 09362464 frs-core:ShareCapital 2023-12-31 09362464 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 09362464
BAA Trading Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Augustus & Co
Chartered Certified Accountants
374 Ley Street
Ilford
Essex
IG1 4AE
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 09362464
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 206,967 232,838
Tangible Assets 5 12,770 16,099
219,737 248,937
CURRENT ASSETS
Stocks 6 53,131 54,999
Debtors 7 21,854 28,173
Cash at bank and in hand 144,038 153,720
219,023 236,892
Creditors: Amounts Falling Due Within One Year 8 (144,738 ) (133,924 )
NET CURRENT ASSETS (LIABILITIES) 74,285 102,968
TOTAL ASSETS LESS CURRENT LIABILITIES 294,022 351,905
NET ASSETS 294,022 351,905
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 293,922 351,805
SHAREHOLDERS' FUNDS 294,022 351,905
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 Peter K Acquah
Director
27 August 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
BAA Trading Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09362464 . The registered office is 83-85 Boundfield Road, Catford, London, SE6 1PH.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 15 years.
2.4. 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:
Fixtures & Fittings 10% Straight line
2.5. Stocks and Work in Progress
Stocks 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 9 9
9 9
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2024 388,064
As at 31 December 2024 388,064
Amortisation
As at 1 January 2024 155,226
Provided during the period 25,871
As at 31 December 2024 181,097
...CONTINUED
Page 2
Page 3
Net Book Value
As at 31 December 2024 206,967
As at 1 January 2024 232,838
5. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 January 2024 33,294
As at 31 December 2024 33,294
Depreciation
As at 1 January 2024 17,195
Provided during the period 3,329
As at 31 December 2024 20,524
Net Book Value
As at 31 December 2024 12,770
As at 1 January 2024 16,099
6. Stocks
2024 2023
£ £
Materials 53,131 54,999
7. Debtors
2024 2023
£ £
Due within one year
Other debtors 10,500 10,500
Other taxes and social security 11,354 17,673
21,854 28,173
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 72,443 88,382
Corporation tax 63,489 37,260
Accruals and deferred income 8,806 8,282
144,738 133,924
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3