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 11124579 Miss Arshdeep Kaur Behal Mrs Jasbir Kaur Behal iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11124579 2023-12-31 11124579 2024-12-31 11124579 2024-01-01 2024-12-31 11124579 frs-core:CurrentFinancialInstruments 2024-12-31 11124579 frs-core:Non-currentFinancialInstruments 2024-12-31 11124579 frs-core:ComputerEquipment 2024-12-31 11124579 frs-core:ComputerEquipment 2024-01-01 2024-12-31 11124579 frs-core:ComputerEquipment 2023-12-31 11124579 frs-core:FurnitureFittings 2024-12-31 11124579 frs-core:FurnitureFittings 2024-01-01 2024-12-31 11124579 frs-core:FurnitureFittings 2023-12-31 11124579 frs-core:PlantMachinery 2024-01-01 2024-12-31 11124579 frs-core:ShareCapital 2024-12-31 11124579 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 11124579 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11124579 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 11124579 frs-bus:SmallEntities 2024-01-01 2024-12-31 11124579 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11124579 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11124579 frs-bus:Director1 2024-01-01 2024-12-31 11124579 frs-bus:Director2 2024-01-01 2024-12-31 11124579 frs-core:CurrentFinancialInstruments 1 2024-12-31 11124579 frs-core:Non-currentFinancialInstruments 1 2024-12-31 11124579 frs-countries:EnglandWales 2024-01-01 2024-12-31 11124579 2022-12-31 11124579 2023-12-31 11124579 2023-01-01 2023-12-31 11124579 frs-core:CurrentFinancialInstruments 2023-12-31 11124579 frs-core:Non-currentFinancialInstruments 2023-12-31 11124579 frs-core:ShareCapital 2023-12-31 11124579 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 11124579 frs-core:CurrentFinancialInstruments 1 2023-12-31 11124579 frs-core:Non-currentFinancialInstruments 1 2023-12-31
Registered number: 11124579
SHIPZO LTD
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11124579
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,271 1,531
4,271 1,531
CURRENT ASSETS
Debtors 5 3,219 41,398
Cash at bank and in hand 12,059 26,366
15,278 67,764
Creditors: Amounts Falling Due Within One Year 6 (66,408 ) (144,339 )
NET CURRENT ASSETS (LIABILITIES) (51,130 ) (76,575 )
TOTAL ASSETS LESS CURRENT LIABILITIES (46,859 ) (75,044 )
Creditors: Amounts Falling Due After More Than One Year 7 (30,278 ) (11,672 )
NET LIABILITIES (77,137 ) (86,716 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (77,138 ) (86,717 )
SHAREHOLDERS' FUNDS (77,137) (86,716)
Page 1
Page 2
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
Miss Arshdeep Kaur Behal
Director
17 July 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
SHIPZO LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11124579 . The registered office is 110 Rolfe Street, , West Midlands,, Birmingham, B66 2BD.
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:
Plant & Machinery 20%RBM
Fixtures & Fittings 20%RBM
Computer Equipment 20%RBM
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 2)
3 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 - 1,914 1,914
Additions 3,804 - 3,804
As at 31 December 2024 3,804 1,914 5,718
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 January 2024 - 383 383
Provided during the period 761 303 1,064
As at 31 December 2024 761 686 1,447
Net Book Value
As at 31 December 2024 3,043 1,228 4,271
As at 1 January 2024 - 1,531 1,531
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,019 41,398
Amounts owed by related parties 200 -
3,219 41,398
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 7,000 7,000
VAT 2,063 6,412
Other creditors - 48,475
Accruals and deferred income 2,400 1,200
Directors' loan accounts 54,945 48,651
Amounts owed to related parties - 32,601
66,408 144,339
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 4,677 11,672
Other creditors 17,600 -
ABMK Loan 8,001 -
30,278 11,672
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4