Acorah Software Products - Accounts Production 16.6.950 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 06331619 Prof Esso Karan Dr Augustine Egwebe Mr Taiwo Okeyene Miss Grace Rungua Mrs Nkechi Allen Ms Charlotte Ajomale Evans Mr Jeffrey Nsofor Ms Funmilayo Olaniyan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06331619 2024-03-31 06331619 2025-03-31 06331619 2024-04-01 2025-03-31 06331619 frs-core:CurrentFinancialInstruments 2025-03-31 06331619 frs-core:ComputerEquipment 2025-03-31 06331619 frs-core:ComputerEquipment 2024-04-01 2025-03-31 06331619 frs-core:ComputerEquipment 2024-03-31 06331619 frs-core:MotorVehicles 2025-03-31 06331619 frs-core:MotorVehicles 2024-04-01 2025-03-31 06331619 frs-core:MotorVehicles 2024-03-31 06331619 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 06331619 frs-bus:CompanyLimitedByGuarantee 2024-04-01 2025-03-31 06331619 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 06331619 frs-bus:SmallEntities 2024-04-01 2025-03-31 06331619 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06331619 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06331619 frs-bus:Director1 2024-04-01 2025-03-31 06331619 frs-bus:Director2 2024-04-01 2025-03-31 06331619 frs-bus:Director3 2024-04-01 2025-03-31 06331619 frs-bus:Director4 2024-04-01 2025-03-31 06331619 frs-bus:Director5 2024-04-01 2025-03-31 06331619 frs-bus:Director6 2024-04-01 2025-03-31 06331619 frs-bus:Director7 2024-04-01 2025-03-31 06331619 frs-bus:Director8 2024-04-01 2025-03-31 06331619 frs-countries:EnglandWales 2024-04-01 2025-03-31 06331619 2023-03-31 06331619 2024-03-31 06331619 2023-04-01 2024-03-31 06331619 frs-core:CurrentFinancialInstruments 2024-03-31 06331619 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 06331619
African Community Centre
Unaudited Financial Statements
For The Year Ended 31 March 2025
First 4 Enterprise Ltd T/A Business Sense
M.I.C.B Pm.Dip
The Business Centre 1 Peniel Green Road
Llansamlet
Swansea
SA7 9AP
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 06331619
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 18,526 16,809
18,526 16,809
CURRENT ASSETS
Debtors 5 1,852 1,852
Cash at bank and in hand 280,346 265,629
282,198 267,481
Creditors: Amounts Falling Due Within One Year 6 (33,655 ) (37,936 )
NET CURRENT ASSETS (LIABILITIES) 248,543 229,545
TOTAL ASSETS LESS CURRENT LIABILITIES 267,069 246,354
PROVISIONS FOR LIABILITIES
Provisions For Charges 2,958 2,958
NET ASSETS 270,027 249,312
Income and Expenditure Account 270,027 249,312
MEMBERS' FUNDS 270,027 249,312
For the year 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 Income and Expenditure Account.
On behalf of the board
Mr Taiwo Okeyene
Director
09/12/2025
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
African Community Centre is a private company, limited by guarantee, incorporated in England & Wales, registered number 06331619 . The registered office is Level 2, Multicultural Hub, Swansea Grand Theatre, Swansea, SA1 3QJ.
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:
Motor Vehicles 18
Computer Equipment 0
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2024: 7)
7 7
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 24,999 - 24,999
Additions - 1,717 1,717
As at 31 March 2025 24,999 1,717 26,716
Depreciation
As at 1 April 2024 8,190 - 8,190
As at 31 March 2025 8,190 - 8,190
Net Book Value
As at 31 March 2025 16,809 1,717 18,526
As at 1 April 2024 16,809 - 16,809
Page 2
Page 3
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,852 1,852
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other taxes and social security 33,655 37,936
7. 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