Acorah Software Products - Accounts Production 14.5.601 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 08448332 Dr Yusra Mahmood Dr Yusra Mahmood true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08448332 2023-03-31 08448332 2024-03-31 08448332 2023-04-01 2024-03-31 08448332 frs-core:CurrentFinancialInstruments 2024-03-31 08448332 frs-core:ComputerEquipment 2024-03-31 08448332 frs-core:ComputerEquipment 2023-04-01 2024-03-31 08448332 frs-core:ComputerEquipment 2023-03-31 08448332 frs-core:ShareCapital 2024-03-31 08448332 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08448332 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08448332 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 08448332 frs-bus:SmallEntities 2023-04-01 2024-03-31 08448332 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08448332 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08448332 1 2023-04-01 2024-03-31 08448332 frs-bus:Director1 2023-04-01 2024-03-31 08448332 frs-core:CurrentFinancialInstruments 1 2024-03-31 08448332 frs-countries:EnglandWales 2023-04-01 2024-03-31 08448332 2022-03-31 08448332 2023-03-31 08448332 2022-04-01 2023-03-31 08448332 frs-core:CurrentFinancialInstruments 2023-03-31 08448332 frs-core:ShareCapital 2023-03-31 08448332 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 08448332 frs-core:CurrentFinancialInstruments 1 2023-03-31
Registered number: 08448332
AJN ACCOUNTANTS LIMITED
Financial Statements
For The Year Ended 31 March 2024
AJN Accountants Limited
Hideaway Workspace Office 43
1 Empire Mews
Streatham
SW16 2BF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08448332
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,287 5,639
6,287 5,639
CURRENT ASSETS
Debtors 5 14,628 10,846
Cash at bank and in hand 15,483 18,092
30,111 28,938
Creditors: Amounts Falling Due Within One Year 6 (15,945 ) (26,121 )
NET CURRENT ASSETS (LIABILITIES) 14,166 2,817
TOTAL ASSETS LESS CURRENT LIABILITIES 20,453 8,456
NET ASSETS 20,453 8,456
CAPITAL AND RESERVES
Called up share capital 7 99 99
Profit and Loss Account 20,354 8,357
SHAREHOLDERS' FUNDS 20,453 8,456
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For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 Yusra Mahmood
Director
03/04/2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
AJN ACCOUNTANTS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 08448332 . The registered office is Hideaway Workspace Office 43, 1 Empire Mews, Streatham, SW16 2BF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements are presented in £ Sterling.
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.

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:
Computer Equipment 50% SL
2.4. 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 year 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 asset reflects 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 2)
3 2
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2023 12,583
Additions 5,060
As at 31 March 2024 17,643
Depreciation
As at 1 April 2023 6,944
Provided during the period 4,412
As at 31 March 2024 11,356
Net Book Value
As at 31 March 2024 6,287
As at 1 April 2023 5,639
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 11,778 9,576
Other debtors 2,600 1,270
Other debtors (1) 250 -
14,628 10,846
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 -
Corporation tax 5,575 3,363
Other taxes and social security 443 554
VAT 7,450 4,748
Other creditors (1) 41 -
Director's loan account 2,435 17,456
15,945 26,121
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 99 99
8. Ultimate Controlling Party
The company's ultimate controlling party is Dr Yusra Mahmood by virtue of her ownership of 100% of the issued share capital in the company.
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