Acorah Software Products - Accounts Production 16.5.460 false true false 8 March 2024 31 March 2025 31 March 2025 15548172 Mrs Isla McMinn Ms Emma Atkins Mr Jordan Bailey Mr Lee Greenham iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15548172 2024-03-07 15548172 2025-03-31 15548172 2024-03-08 2025-03-31 15548172 frs-core:CurrentFinancialInstruments 2025-03-31 15548172 frs-core:Non-currentFinancialInstruments 2025-03-31 15548172 frs-core:PlantMachinery 2025-03-31 15548172 frs-core:PlantMachinery 2024-03-08 2025-03-31 15548172 frs-core:PlantMachinery 2024-03-07 15548172 frs-core:ShareCapital 2025-03-31 15548172 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 15548172 frs-bus:PrivateLimitedCompanyLtd 2024-03-08 2025-03-31 15548172 frs-bus:FilletedAccounts 2024-03-08 2025-03-31 15548172 frs-bus:SmallEntities 2024-03-08 2025-03-31 15548172 frs-bus:AuditExempt-NoAccountantsReport 2024-03-08 2025-03-31 15548172 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-08 2025-03-31 15548172 frs-bus:Director1 2024-03-08 2025-03-31 15548172 frs-bus:Director2 2024-03-08 2025-03-31 15548172 frs-bus:Director3 2024-03-08 2025-03-31 15548172 frs-bus:Director4 2024-03-08 2025-03-31 15548172 frs-countries:EnglandWales 2024-03-08 2025-03-31
Registered number: 15548172
Neom Projects Ltd
Unaudited Financial Statements
For the Period 8 March 2024 to 31 March 2025
Croft Accounting Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 15548172
31 March 2025
Notes £ £
FIXED ASSETS
Tangible Assets 4 638
638
CURRENT ASSETS
Debtors 5 835
Cash at bank and in hand 13
848
Creditors: Amounts Falling Due Within One Year 6 (1,539 )
NET CURRENT ASSETS (LIABILITIES) (691 )
TOTAL ASSETS LESS CURRENT LIABILITIES (53 )
Creditors: Amounts Falling Due After More Than One Year 7 (15,738 )
NET LIABILITIES (15,791 )
CAPITAL AND RESERVES
Called up share capital 8 100
Profit and Loss Account (15,891 )
SHAREHOLDERS' FUNDS (15,791)
Page 1
Page 2
For the period ending 31 March 2025 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
Mrs Isla McMinn
Director
20/10/2025
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
Neom Projects Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15548172 . The registered office is 1 Dysart Avenue, Drayton, Portsmouth, PO6 2LY.
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% on reducing balance
2.4. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 4
4
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4. Tangible Assets
Plant & Machinery
£
Cost
As at 8 March 2024 -
Additions 798
As at 31 March 2025 798
Depreciation
As at 8 March 2024 -
Provided during the period 160
As at 31 March 2025 160
Net Book Value
As at 31 March 2025 638
As at 8 March 2024 -
5. Debtors
31 March 2025
£
Due within one year
Trade debtors 100
Other debtors 735
835
6. Creditors: Amounts Falling Due Within One Year
31 March 2025
£
Other creditors 1,539
7. Creditors: Amounts Falling Due After More Than One Year
31 March 2025
£
Other creditors 15,738
8. Share Capital
31 March 2025
£
Allotted, Called up and fully paid 100
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