Acorah Software Products - Accounts Production 14.3.260 false true true false 18 May 2022 31 May 2023 31 May 2023 14114568 Dr Tejas Yarashi Mr Kiran Yarashi Mrs Usharani Yarashi iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14114568 frs-core:CurrentFinancialInstruments frs-core:WithinOneYear 2022-05-17 14114568 frs-core:CurrentFinancialInstruments frs-core:WithinOneYear 2023-05-31 14114568 frs-core:Non-currentFinancialInstruments frs-core:BetweenOneFiveYears 2023-05-31 14114568 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2023-05-31 14114568 frs-core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2022-05-18 2023-05-31 14114568 frs-core:AllSubsidiaries 2022-05-18 2023-05-31 14114568 frs-core:KeyManagementPersonnel 2022-05-18 2023-05-31 14114568 frs-core:EntitiesControlledByKeyManagementPersonnel 2022-05-18 2023-05-31 14114568 frs-core:OtherRelatedParties 2022-05-18 2023-05-31 14114568 2022-05-17 14114568 2023-05-31 14114568 2022-05-18 2023-05-31 14114568 frs-core:CurrentFinancialInstruments 2023-05-31 14114568 frs-core:CurrentFinancialInstruments 2022-05-18 2023-05-31 14114568 frs-core:Non-currentFinancialInstruments 2023-05-31 14114568 frs-core:Non-currentFinancialInstruments 2022-05-18 2023-05-31 14114568 frs-core:CurrentFinancialInstruments 2022-05-18 2023-05-31 14114568 frs-core:CurrentFinancialInstruments 2023-05-31 14114568 frs-core:AfterOneYear 2022-05-18 2023-05-31 14114568 frs-core:BetweenOneFiveYears 2022-05-18 2023-05-31 14114568 frs-core:BetweenOneFiveYears 2023-05-31 14114568 frs-core:ComputerEquipment 2023-05-31 14114568 frs-core:ComputerEquipment 2022-05-18 2023-05-31 14114568 frs-core:ComputerEquipment 2022-05-17 14114568 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-05-31 14114568 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2022-05-18 2023-05-31 14114568 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2022-05-17 14114568 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-05-31 14114568 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-05-18 2023-05-31 14114568 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-05-17 14114568 frs-core:FurnitureFittings 2023-05-31 14114568 frs-core:FurnitureFittings 2022-05-18 2023-05-31 14114568 frs-core:FurnitureFittings 2022-05-17 14114568 frs-core:NetGoodwill 2023-05-31 14114568 frs-core:NetGoodwill 2022-05-18 2023-05-31 14114568 frs-core:NetGoodwill 2022-05-17 14114568 frs-core:InvestmentPropertyIncludedWithinPPE 2023-05-31 14114568 frs-core:InvestmentPropertyIncludedWithinPPE 2022-05-18 2023-05-31 14114568 frs-core:InvestmentPropertyIncludedWithinPPE 2022-05-17 14114568 frs-core:LandBuildings 2023-05-31 14114568 frs-core:LandBuildings 2022-05-18 2023-05-31 14114568 frs-core:LandBuildings 2022-05-17 14114568 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-31 14114568 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-05-18 2023-05-31 14114568 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-05-17 14114568 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-31 14114568 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-05-18 2023-05-31 14114568 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-05-17 14114568 frs-core:MoreThanFiveYears 2022-05-18 2023-05-31 14114568 frs-core:MoreThanFiveYears 2023-05-31 14114568 frs-core:MotorVehicles 2023-05-31 14114568 frs-core:MotorVehicles 2022-05-18 2023-05-31 14114568 frs-core:MotorVehicles 2022-05-17 14114568 frs-core:OtherResidualIntangibleAssets 2023-05-31 14114568 frs-core:OtherResidualIntangibleAssets 2022-05-18 2023-05-31 14114568 frs-core:OtherResidualIntangibleAssets 2022-05-17 14114568 frs-core:PlantMachinery 2023-05-31 14114568 frs-core:PlantMachinery 2022-05-18 2023-05-31 14114568 frs-core:PlantMachinery 2022-05-17 14114568 frs-core:Secured 2023-05-31 14114568 frs-core:Unsecured 2023-05-31 14114568 frs-core:WithinOneYear 2022-05-18 2023-05-31 14114568 frs-core:WithinOneYear 2023-05-31 14114568 frs-core:CapitalRedemptionReserve 2022-05-18 2023-05-31 14114568 frs-core:CapitalRedemptionReserve 2022-05-17 14114568 frs-core:CapitalRedemptionReserve 2023-05-31 14114568 frs-core:OtherReservesSubtotal 2022-05-18 2023-05-31 14114568 frs-core:OtherReservesSubtotal 2022-05-17 14114568 frs-core:OtherReservesSubtotal 2023-05-31 14114568 frs-core:RevaluationReserve 2022-05-18 2023-05-31 14114568 frs-core:RevaluationReserve 2022-05-17 14114568 frs-core:RevaluationReserve 2023-05-31 14114568 frs-core:SharePremium 2022-05-18 2023-05-31 14114568 frs-core:SharePremium 2022-05-17 14114568 frs-core:SharePremium 2023-05-31 14114568 frs-core:ShareCapital 2022-05-18 2023-05-31 14114568 frs-core:ShareCapital 2022-05-17 14114568 frs-core:ShareCapital 2023-05-31 14114568 frs-core:RetainedEarningsAccumulatedLosses 2022-05-18 2023-05-31 14114568 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-05-17 14114568 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 14114568 frs-core:RetainedEarningsAccumulatedLosses 2022-05-17 14114568 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 14114568 frs-core:RetainedEarningsAccumulatedLosses frs-core:PriorPeriodErrorIncreaseDecrease 2022-05-17 14114568 frs-countries:UnitedKingdom 2022-05-18 2023-05-31 14114568 frs-countries:Europe 2022-05-18 2023-05-31 14114568 frs-countries:NorthAmerica 2022-05-18 2023-05-31 14114568 frs-countries:SouthAmerica 2022-05-18 2023-05-31 14114568 frs-countries:Asia 2022-05-18 2023-05-31 14114568 frs-countries:RestWorldOutsideUK 2022-05-18 2023-05-31 14114568 frs-bus:HighestPaidDirector 2022-05-18 2023-05-31 14114568 frs-bus:PrivateLimitedCompanyLtd 2022-05-18 2023-05-31 14114568 frs-bus:CompanyLimitedByGuarantee 2022-05-18 2023-05-31 14114568 frs-bus:LimitedLiabilityPartnershipLLP 2022-05-18 2023-05-31 14114568 frs-bus:LimitedLiabilityPartnershipsSORP 2022-05-18 2023-05-31 14114568 frs-bus:FullAccounts 2022-05-18 2023-05-31 14114568 frs-bus:FilletedAccounts 2022-05-18 2023-05-31 14114568 frs-bus:AbridgedAccounts 2022-05-18 2023-05-31 14114568 frs-bus:FRS102 2022-05-18 2023-05-31 14114568 frs-bus:MediumEntities 2022-05-18 2023-05-31 14114568 frs-bus:SmallEntities 2022-05-18 2023-05-31 14114568 frs-bus:EntityHasNeverTraded 2022-05-18 2023-05-31 14114568 frs-bus:EntityNoLongerTradingButTradedInPast 2022-05-18 2023-05-31 14114568 frs-bus:Audited 2022-05-18 2023-05-31 14114568 frs-bus:AuditExempt-NoAccountantsReport 2022-05-18 2023-05-31 14114568 frs-bus:AuditExemptWithAccountantsReport 2022-05-18 2023-05-31 14114568 frs-bus:LargeMedium-sizedCompaniesRegimeForAccounts 2022-05-18 2023-05-31 14114568 frs-bus:LargeCompaniesRegimeForAccounts 2022-05-18 2023-05-31 14114568 frs-bus:Medium-sizedCompaniesRegimeForAccounts 2022-05-18 2023-05-31 14114568 frs-bus:SmallCompaniesRegimeForAccounts 2022-05-18 2023-05-31 14114568 frs-bus:LargeCompaniesRegimeForDirectorsReport 2022-05-18 2023-05-31 14114568 frs-bus:Medium-sizedCompaniesRegimeForDirectorsReport 2022-05-18 2023-05-31 14114568 frs-bus:SmallCompaniesRegimeForDirectorsReport 2022-05-18 2023-05-31 14114568 frs-bus:OrdinaryShareClass1 2022-05-18 2023-05-31 14114568 frs-bus:OrdinaryShareClass1 2022-05-17 14114568 frs-bus:OrdinaryShareClass1 2023-05-31 14114568 frs-bus:OrdinaryShareClass2 2022-05-18 2023-05-31 14114568 frs-bus:OrdinaryShareClass2 2022-05-17 14114568 frs-bus:OrdinaryShareClass2 2023-05-31 14114568 frs-bus:OrdinaryShareClass3 2022-05-18 2023-05-31 14114568 frs-bus:OrdinaryShareClass3 2022-05-17 14114568 frs-bus:OrdinaryShareClass3 2023-05-31 14114568 frs-bus:OrdinaryShareClass4 2022-05-18 2023-05-31 14114568 frs-bus:OrdinaryShareClass4 2022-05-17 14114568 frs-bus:OrdinaryShareClass4 2023-05-31 14114568 frs-bus:OrdinaryShareClass5 2022-05-18 2023-05-31 14114568 frs-bus:OrdinaryShareClass5 2022-05-17 14114568 frs-bus:OrdinaryShareClass5 2023-05-31 14114568 frs-bus:PreferenceShareClass1 2022-05-18 2023-05-31 14114568 frs-bus:PreferenceShareClass1 2022-05-17 14114568 frs-bus:PreferenceShareClass1 2023-05-31 14114568 frs-bus:PreferenceShareClass2 2022-05-18 2023-05-31 14114568 frs-bus:PreferenceShareClass2 2022-05-17 14114568 frs-bus:PreferenceShareClass2 2023-05-31 14114568 frs-bus:PreferenceShareClass3 2022-05-18 2023-05-31 14114568 frs-bus:PreferenceShareClass3 2022-05-17 14114568 frs-bus:PreferenceShareClass3 2023-05-31 14114568 frs-bus:PreferenceShareClass4 2022-05-18 2023-05-31 14114568 frs-bus:PreferenceShareClass4 2022-05-17 14114568 frs-bus:PreferenceShareClass4 2023-05-31 14114568 frs-bus:PreferenceShareClass5 2022-05-18 2023-05-31 14114568 frs-bus:PreferenceShareClass5 2022-05-17 14114568 frs-bus:PreferenceShareClass5 2023-05-31 14114568 1 2022-05-18 2023-05-31 14114568 1 2023-05-31 14114568 1 2022-05-18 2023-05-31 14114568 frs-core:LeasedAssets 2022-05-18 2023-05-31 14114568 frs-core:OwnedAssets 2022-05-18 2023-05-31 14114568 frs-core:CurrencyRisk 2022-05-18 2023-05-31 14114568 frs-core:MarketRisk 2022-05-18 2023-05-31 14114568 frs-core:InterestRateRisk 2022-05-18 2023-05-31 14114568 frs-core:DeferredTaxation 2022-05-18 2023-05-31 14114568 frs-core:DeferredTaxation 2022-05-17 14114568 frs-core:DeferredTaxation 2023-05-31 14114568 frs-core:OtherProvisionsContingentLiabilities 2022-05-18 2023-05-31 14114568 frs-core:OtherProvisionsContingentLiabilities 2022-05-17 14114568 frs-core:OtherProvisionsContingentLiabilities 2023-05-31 14114568 frs-core:ProvisionsDeferredTax 2023-05-31 14114568 frs-core:OtherDeferredTax 2023-05-31 14114568 frs-core:AcceleratedTaxDepreciationDeferredTax 2023-05-31 14114568 frs-core:TaxLossesCarry-forwardsDeferredTax 2023-05-31 14114568 frs-core:FurtherSpecificItem2DeferredTaxComponentTotalForDeferredTax 2023-05-31 14114568 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2022-05-18 2023-05-31 14114568 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2022-05-17 14114568 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-05-31 14114568 frs-core:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2022-05-18 2023-05-31 14114568 frs-core:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2022-05-17 14114568 frs-core:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2023-05-31 14114568 frs-core:FurtherSpecificTypeProvisionContingentLiability2ComponentTotalProvisionsContingentLiabilities 2022-05-18 2023-05-31 14114568 frs-core:FurtherSpecificTypeProvisionContingentLiability2ComponentTotalProvisionsContingentLiabilities 2022-05-17 14114568 frs-core:FurtherSpecificTypeProvisionContingentLiability2ComponentTotalProvisionsContingentLiabilities 2023-05-31 14114568 frs-core:RevaluationPropertyPlantEquipmentDeferredTax 2023-05-31 14114568 frs-core:RevaluationInvestmentPropertyDeferredTax 2023-05-31 14114568 frs-core:FairValueMovementsOnFinancialInstrumentsDeferredTax 2023-05-31 14114568 frs-core:OtherPost-employmentBenefitsDeferredTax 2023-05-31 14114568 frs-core:Share-basedPaymentsDeferredTax 2023-05-31 14114568 frs-core:TaxCreditsDeferredTax 2023-05-31 14114568 frs-core:CostValuation 2022-05-17 14114568 frs-core:AdditionsToInvestments 2023-05-31 14114568 frs-core:DisposalsRepaymentsInvestments 2023-05-31 14114568 frs-core:RevaluationsIncreaseDecreaseInInvestments 2023-05-31 14114568 frs-core:FurtherSpecificIncreaseDecreaseInInvestments1ComponentTotalChangeInInvestments 2023-05-31 14114568 frs-core:TransfersIntoOrOutInvestmentsIncreaseDecreaseInInvestments 2023-05-31 14114568 frs-core:OtherIncreaseDecreaseInInvestments 2023-05-31 14114568 frs-core:CostValuation 2023-05-31 14114568 frs-core:ProvisionsForImpairmentInvestments 2022-05-17 14114568 frs-core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2023-05-31 14114568 frs-core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2023-05-31 14114568 frs-core:ImpairmentLossProvisionsForImpairmentInvestments 2023-05-31 14114568 frs-core:ImpairmentReversalProvisionsForImpairmentInvestments 2023-05-31 14114568 frs-core:FurtherSpecificIncreaseDecreaseInProvisionsForImpairmentInvestments1ComponentCorrespondingTotal 2023-05-31 14114568 frs-core:TransfersIntoOrOutInvestmentsIncreaseDecreaseInProvisionsForImpairmentInvestments 2023-05-31 14114568 frs-core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2023-05-31 14114568 frs-core:ProvisionsForImpairmentInvestments 2023-05-31 14114568 frs-core:ListedExchangeTraded 2023-05-31 14114568 frs-core:ListedExchangeTraded 2022-05-17 14114568 frs-core:CostValuation frs-core:ListedExchangeTraded 2022-05-17 14114568 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2023-05-31 14114568 frs-core:DisposalsRepaymentsInvestments frs-core:ListedExchangeTraded 2023-05-31 14114568 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2023-05-31 14114568 frs-core:FurtherSpecificIncreaseDecreaseInInvestments1ComponentTotalChangeInInvestments frs-core:ListedExchangeTraded 2023-05-31 14114568 frs-core:TransfersIntoOrOutInvestmentsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2023-05-31 14114568 frs-core:OtherIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2023-05-31 14114568 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-05-31 14114568 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2022-05-17 14114568 frs-core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-05-31 14114568 frs-core:DisposalsDecreaseInProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-05-31 14114568 frs-core:ImpairmentLossProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-05-31 14114568 frs-core:ImpairmentReversalProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-05-31 14114568 frs-core:FurtherSpecificIncreaseDecreaseInProvisionsForImpairmentInvestments1ComponentCorrespondingTotal frs-core:ListedExchangeTraded 2023-05-31 14114568 frs-core:TransfersIntoOrOutInvestmentsIncreaseDecreaseInProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-05-31 14114568 frs-core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-05-31 14114568 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-05-31 14114568 frs-core:UnlistedNon-exchangeTraded 2023-05-31 14114568 frs-core:UnlistedNon-exchangeTraded 2022-05-17 14114568 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-05-17 14114568 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2023-05-31 14114568 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2023-05-31 14114568 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:UnlistedNon-exchangeTraded 2023-05-31 14114568 frs-core:FurtherSpecificIncreaseDecreaseInInvestments1ComponentTotalChangeInInvestments frs-core:UnlistedNon-exchangeTraded 2023-05-31 14114568 frs-core:TransfersIntoOrOutInvestmentsIncreaseDecreaseInInvestments frs-core:UnlistedNon-exchangeTraded 2023-05-31 14114568 frs-core:OtherIncreaseDecreaseInInvestments frs-core:UnlistedNon-exchangeTraded 2023-05-31 14114568 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-05-31 14114568 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-05-17 14114568 frs-core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-05-31 14114568 frs-core:DisposalsDecreaseInProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-05-31 14114568 frs-core:ImpairmentLossProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-05-31 14114568 frs-core:ImpairmentReversalProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-05-31 14114568 frs-core:FurtherSpecificIncreaseDecreaseInProvisionsForImpairmentInvestments1ComponentCorrespondingTotal frs-core:UnlistedNon-exchangeTraded 2023-05-31 14114568 frs-core:TransfersIntoOrOutInvestmentsIncreaseDecreaseInProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-05-31 14114568 frs-core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-05-31 14114568 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-05-31 14114568 dpl-frs:CostSales 2022-05-18 2023-05-31 14114568 dpl-frs:CostSales 2022-05-17 14114568 dpl-frs:CostSales 2023-05-31 14114568 dpl-frs:DistributionCosts 2022-05-18 2023-05-31 14114568 dpl-frs:AdministrativeExpenses 2022-05-18 2023-05-31 14114568 frs-bus:Director1 2022-05-18 2023-05-31 14114568 frs-bus:Director1 2022-05-17 14114568 frs-bus:Director1 2023-05-31 14114568 frs-bus:Director2 2022-05-18 2023-05-31 14114568 frs-bus:Director2 2022-05-17 14114568 frs-bus:Director2 2023-05-31 14114568 frs-bus:Director3 2022-05-18 2023-05-31 14114568 frs-bus:Director3 2022-05-17 14114568 frs-bus:Director3 2023-05-31 14114568 1 2022-05-18 2023-05-31 14114568 frs-core:CurrentFinancialInstruments 1 2023-05-31 14114568 frs-core:Non-currentFinancialInstruments 1 2023-05-31 14114568 2 2022-05-18 2023-05-31 14114568 frs-core:CurrentFinancialInstruments 2 2023-05-31 14114568 frs-core:Non-currentFinancialInstruments 2 2023-05-31 14114568 3 2022-05-18 2023-05-31 14114568 frs-core:CurrentFinancialInstruments 3 2023-05-31 14114568 frs-core:Non-currentFinancialInstruments 3 2023-05-31 14114568 4 2022-05-18 2023-05-31 14114568 frs-core:CurrentFinancialInstruments 4 2023-05-31 14114568 frs-core:Non-currentFinancialInstruments 4 2023-05-31 14114568 5 2022-05-18 2023-05-31 14114568 frs-core:CurrentFinancialInstruments 5 2023-05-31 14114568 frs-core:Non-currentFinancialInstruments 5 2023-05-31 14114568 6 2022-05-18 2023-05-31 14114568 frs-core:CurrentFinancialInstruments 6 2023-05-31 14114568 frs-core:Non-currentFinancialInstruments 6 2023-05-31 14114568 7 2022-05-18 2023-05-31 14114568 frs-core:CurrentFinancialInstruments 7 2023-05-31 14114568 frs-core:Non-currentFinancialInstruments 7 2023-05-31 14114568 8 2022-05-18 2023-05-31 14114568 frs-core:CurrentFinancialInstruments 8 2023-05-31 14114568 frs-core:Non-currentFinancialInstruments 8 2023-05-31 14114568 9 2022-05-18 2023-05-31 14114568 frs-core:CurrentFinancialInstruments 9 2023-05-31 14114568 frs-core:Non-currentFinancialInstruments 9 2023-05-31 14114568 10 2022-05-18 2023-05-31 14114568 frs-core:CurrentFinancialInstruments 10 2023-05-31 14114568 frs-core:Non-currentFinancialInstruments 10 2023-05-31 14114568 11 2022-05-18 2023-05-31 14114568 frs-core:CurrentFinancialInstruments 11 2023-05-31 14114568 frs-core:Non-currentFinancialInstruments 11 2023-05-31 14114568 12 2022-05-18 2023-05-31 14114568 frs-core:CurrentFinancialInstruments 12 2023-05-31 14114568 frs-core:Non-currentFinancialInstruments 12 2023-05-31 14114568 13 2022-05-18 2023-05-31 14114568 frs-core:CurrentFinancialInstruments 13 2023-05-31 14114568 frs-core:Non-currentFinancialInstruments 13 2023-05-31 14114568 14 2022-05-18 2023-05-31 14114568 frs-core:CurrentFinancialInstruments 14 2023-05-31 14114568 frs-core:Non-currentFinancialInstruments 14 2023-05-31 14114568 15 2022-05-18 2023-05-31 14114568 frs-core:CurrentFinancialInstruments 15 2023-05-31 14114568 frs-core:Non-currentFinancialInstruments 15 2023-05-31 14114568 16 2022-05-18 2023-05-31 14114568 frs-core:CurrentFinancialInstruments 16 2023-05-31 14114568 frs-core:Non-currentFinancialInstruments 16 2023-05-31 14114568 17 2022-05-18 2023-05-31 14114568 frs-core:CurrentFinancialInstruments 17 2023-05-31 14114568 frs-core:Non-currentFinancialInstruments 17 2023-05-31 14114568 18 2022-05-18 2023-05-31 14114568 frs-core:CurrentFinancialInstruments 18 2023-05-31 14114568 frs-core:Non-currentFinancialInstruments 18 2023-05-31 14114568 19 2022-05-18 2023-05-31 14114568 frs-core:CurrentFinancialInstruments 19 2023-05-31 14114568 frs-core:Non-currentFinancialInstruments 19 2023-05-31 14114568 20 2022-05-18 2023-05-31 14114568 frs-core:CurrentFinancialInstruments 20 2023-05-31 14114568 frs-core:Non-currentFinancialInstruments 20 2023-05-31 14114568 dpl-frs:Item1 2022-05-18 2023-05-31 14114568 dpl-frs:Item1 2022-05-17 14114568 dpl-frs:Item1 2023-05-31 14114568 dpl-frs:CostSales dpl-frs:Item1 2022-05-18 2023-05-31 14114568 dpl-frs:CostSales dpl-frs:Item1 2022-05-17 14114568 dpl-frs:CostSales dpl-frs:Item1 2023-05-31 14114568 dpl-frs:DistributionCosts dpl-frs:Item1 2022-05-18 2023-05-31 14114568 dpl-frs:AdministrativeExpenses dpl-frs:Item1 2022-05-18 2023-05-31 14114568 dpl-frs:Item2 2022-05-18 2023-05-31 14114568 dpl-frs:Item2 2022-05-17 14114568 dpl-frs:Item2 2023-05-31 14114568 dpl-frs:CostSales dpl-frs:Item2 2022-05-18 2023-05-31 14114568 dpl-frs:CostSales dpl-frs:Item2 2022-05-17 14114568 dpl-frs:CostSales dpl-frs:Item2 2023-05-31 14114568 dpl-frs:DistributionCosts dpl-frs:Item2 2022-05-18 2023-05-31 14114568 dpl-frs:AdministrativeExpenses dpl-frs:Item2 2022-05-18 2023-05-31 14114568 dpl-frs:Item3 2022-05-18 2023-05-31 14114568 dpl-frs:Item3 2022-05-17 14114568 dpl-frs:Item3 2023-05-31 14114568 dpl-frs:CostSales dpl-frs:Item3 2022-05-18 2023-05-31 14114568 dpl-frs:CostSales dpl-frs:Item3 2022-05-17 14114568 dpl-frs:CostSales dpl-frs:Item3 2023-05-31 14114568 dpl-frs:DistributionCosts dpl-frs:Item3 2022-05-18 2023-05-31 14114568 dpl-frs:AdministrativeExpenses dpl-frs:Item3 2022-05-18 2023-05-31 14114568 dpl-frs:Item4 2022-05-18 2023-05-31 14114568 dpl-frs:Item4 2022-05-17 14114568 dpl-frs:Item4 2023-05-31 14114568 dpl-frs:CostSales dpl-frs:Item4 2022-05-18 2023-05-31 14114568 dpl-frs:CostSales dpl-frs:Item4 2022-05-17 14114568 dpl-frs:CostSales dpl-frs:Item4 2023-05-31 14114568 dpl-frs:DistributionCosts dpl-frs:Item4 2022-05-18 2023-05-31 14114568 dpl-frs:AdministrativeExpenses dpl-frs:Item4 2022-05-18 2023-05-31 14114568 dpl-frs:Item5 2022-05-18 2023-05-31 14114568 dpl-frs:Item5 2022-05-17 14114568 dpl-frs:Item5 2023-05-31 14114568 dpl-frs:CostSales dpl-frs:Item5 2022-05-18 2023-05-31 14114568 dpl-frs:CostSales dpl-frs:Item5 2022-05-17 14114568 dpl-frs:CostSales dpl-frs:Item5 2023-05-31 14114568 dpl-frs:DistributionCosts dpl-frs:Item5 2022-05-18 2023-05-31 14114568 dpl-frs:AdministrativeExpenses dpl-frs:Item5 2022-05-18 2023-05-31 14114568 dpl-frs:Item6 2022-05-18 2023-05-31 14114568 dpl-frs:Item6 2022-05-17 14114568 dpl-frs:Item6 2023-05-31 14114568 dpl-frs:CostSales dpl-frs:Item6 2022-05-18 2023-05-31 14114568 dpl-frs:CostSales dpl-frs:Item6 2022-05-17 14114568 dpl-frs:CostSales dpl-frs:Item6 2023-05-31 14114568 dpl-frs:DistributionCosts dpl-frs:Item6 2022-05-18 2023-05-31 14114568 dpl-frs:AdministrativeExpenses dpl-frs:Item6 2022-05-18 2023-05-31 14114568 dpl-frs:Item7 2022-05-18 2023-05-31 14114568 dpl-frs:Item7 2022-05-17 14114568 dpl-frs:Item7 2023-05-31 14114568 dpl-frs:CostSales dpl-frs:Item7 2022-05-18 2023-05-31 14114568 dpl-frs:CostSales dpl-frs:Item7 2022-05-17 14114568 dpl-frs:CostSales dpl-frs:Item7 2023-05-31 14114568 dpl-frs:DistributionCosts dpl-frs:Item7 2022-05-18 2023-05-31 14114568 dpl-frs:AdministrativeExpenses dpl-frs:Item7 2022-05-18 2023-05-31 14114568 dpl-frs:Item8 2022-05-18 2023-05-31 14114568 dpl-frs:Item8 2022-05-17 14114568 dpl-frs:Item8 2023-05-31 14114568 dpl-frs:CostSales dpl-frs:Item8 2022-05-18 2023-05-31 14114568 dpl-frs:CostSales dpl-frs:Item8 2022-05-17 14114568 dpl-frs:CostSales dpl-frs:Item8 2023-05-31 14114568 dpl-frs:DistributionCosts dpl-frs:Item8 2022-05-18 2023-05-31 14114568 dpl-frs:AdministrativeExpenses dpl-frs:Item8 2022-05-18 2023-05-31 14114568 dpl-frs:Item9 2022-05-18 2023-05-31 14114568 dpl-frs:Item9 2022-05-17 14114568 dpl-frs:Item9 2023-05-31 14114568 dpl-frs:CostSales dpl-frs:Item9 2022-05-18 2023-05-31 14114568 dpl-frs:CostSales dpl-frs:Item9 2022-05-17 14114568 dpl-frs:CostSales dpl-frs:Item9 2023-05-31 14114568 dpl-frs:DistributionCosts dpl-frs:Item9 2022-05-18 2023-05-31 14114568 dpl-frs:AdministrativeExpenses dpl-frs:Item9 2022-05-18 2023-05-31 14114568 dpl-frs:Item10 2022-05-18 2023-05-31 14114568 dpl-frs:Item10 2022-05-17 14114568 dpl-frs:Item10 2023-05-31 14114568 dpl-frs:CostSales dpl-frs:Item10 2022-05-18 2023-05-31 14114568 dpl-frs:CostSales dpl-frs:Item10 2022-05-17 14114568 dpl-frs:CostSales dpl-frs:Item10 2023-05-31 14114568 dpl-frs:DistributionCosts dpl-frs:Item10 2022-05-18 2023-05-31 14114568 dpl-frs:AdministrativeExpenses dpl-frs:Item10 2022-05-18 2023-05-31 14114568 dpl-frs:Item11 2022-05-18 2023-05-31 14114568 dpl-frs:Item11 2022-05-17 14114568 dpl-frs:Item11 2023-05-31 14114568 dpl-frs:CostSales dpl-frs:Item11 2022-05-18 2023-05-31 14114568 dpl-frs:CostSales dpl-frs:Item11 2022-05-17 14114568 dpl-frs:CostSales dpl-frs:Item11 2023-05-31 14114568 dpl-frs:DistributionCosts dpl-frs:Item11 2022-05-18 2023-05-31 14114568 dpl-frs:AdministrativeExpenses dpl-frs:Item11 2022-05-18 2023-05-31 14114568 dpl-frs:Item12 2022-05-18 2023-05-31 14114568 dpl-frs:Item12 2022-05-17 14114568 dpl-frs:Item12 2023-05-31 14114568 dpl-frs:CostSales dpl-frs:Item12 2022-05-18 2023-05-31 14114568 dpl-frs:CostSales dpl-frs:Item12 2022-05-17 14114568 dpl-frs:CostSales dpl-frs:Item12 2023-05-31 14114568 dpl-frs:DistributionCosts dpl-frs:Item12 2022-05-18 2023-05-31 14114568 dpl-frs:AdministrativeExpenses dpl-frs:Item12 2022-05-18 2023-05-31 14114568 1 2022-05-18 2023-05-31 14114568 frs-countries:EnglandWales 2022-05-18 2023-05-31
Registered number: 14114568
Ikigai Corporation Limited
Unaudited Financial Statements
For the Period 18 May 2022 to 31 May 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14114568
31 May 2023
Notes £ £
FIXED ASSETS
Tangible Assets 4 995
995
CURRENT ASSETS
Cash at bank and in hand 6,442
6,442
Creditors: Amounts Falling Due Within One Year 5 (3,336 )
NET CURRENT ASSETS (LIABILITIES) 3,106
TOTAL ASSETS LESS CURRENT LIABILITIES 4,101
PROVISIONS FOR LIABILITIES
Deferred Taxation (249 )
NET ASSETS 3,852
CAPITAL AND RESERVES
Called up share capital 100
Profit and Loss Account 3,752
SHAREHOLDERS' FUNDS 3,852
Page 1
Page 2
For the period ending 31 May 2023 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
Dr Tejas Yarashi
Director
12 February 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Ikigai Corporation Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14114568 . The registered office is 11a Talbot Crescent, London, NW4 4PD.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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:
Computer Equipment 25% on reducing balance
2.5. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
Page 3
Page 4
2.6. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.7. Stocks and Work in Progress
Stocks and work in progress 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. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.8. 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.
2.9. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Page 4
Page 5
2.10. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 3
3
4. Tangible Assets
Computer Equipment
£
Cost
As at 18 May 2022 -
Additions 1,326
As at 31 May 2023 1,326
Depreciation
As at 18 May 2022 -
Provided during the period 331
As at 31 May 2023 331
Net Book Value
As at 31 May 2023 995
As at 18 May 2022 -
5. Creditors: Amounts Falling Due Within One Year
31 May 2023
£
Other creditors 2,712
Taxation and social security 624
3,336
Page 5