Acorah Software Products - Accounts Production 14.5.501 false true true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 11455198 Mrs I Behdjet Mr S Miah iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11455198 2022-07-31 11455198 2023-07-31 11455198 2022-08-01 2023-07-31 11455198 frs-core:CurrentFinancialInstruments 2023-07-31 11455198 frs-core:Non-currentFinancialInstruments 2023-07-31 11455198 frs-core:ComputerEquipment 2023-07-31 11455198 frs-core:ComputerEquipment 2022-08-01 2023-07-31 11455198 frs-core:ComputerEquipment 2022-07-31 11455198 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-31 11455198 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 11455198 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-07-31 11455198 frs-core:ShareCapital 2023-07-31 11455198 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 11455198 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 11455198 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 11455198 frs-bus:SmallEntities 2022-08-01 2023-07-31 11455198 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 11455198 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 11455198 frs-bus:Director1 2022-08-01 2023-07-31 11455198 frs-bus:Director2 2022-08-01 2023-07-31 11455198 frs-countries:EnglandWales 2022-08-01 2023-07-31 11455198 2021-07-31 11455198 2022-07-31 11455198 2021-08-01 2022-07-31 11455198 frs-core:CurrentFinancialInstruments 2022-07-31 11455198 frs-core:Non-currentFinancialInstruments 2022-07-31 11455198 frs-core:ShareCapital 2022-07-31 11455198 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 11455198
S&I Group Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2023
TaxAssist Accountants
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11455198
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 233,816 233,816
233,816 233,816
CURRENT ASSETS
Debtors 5 231 6,875
Cash at bank and in hand 9,432 6,578
9,663 13,453
Creditors: Amounts Falling Due Within One Year 6 (81,160 ) (79,158 )
NET CURRENT ASSETS (LIABILITIES) (71,497 ) (65,705 )
TOTAL ASSETS LESS CURRENT LIABILITIES 162,319 168,111
Creditors: Amounts Falling Due After More Than One Year 7 (181,172 ) (181,172 )
NET LIABILITIES (18,853 ) (13,061 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (18,855 ) (13,063 )
SHAREHOLDERS' FUNDS (18,853) (13,061)
Page 1
Page 2
For the year ending 31 July 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
Mr S Miah
Director
08/03/2024
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
S&I Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11455198 . The registered office is 23 Adelaide Gardens, Romford, RM6 6SS.
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
We continue to closely monitor the ongoing development in relation to Coronavirus and are taking appropriate action to mitigate the financial impact of Coronavirus in our business. Since the end of the financial year, the Coronavirus pandemic has not had a significant impact so the directors are of the opinion that the circumstances do not give rise to events or conditions that cast significant doubt over the company’s ability to continue as a going concern or give rise to material uncertainties.

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being the period of at least twelve months from the date these financial statements were approved.

Accordingly, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

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:
Freehold Not Depreciated
Computer Equipment 33% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
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4. Tangible Assets
Land & Property
Freehold Computer Equipment Total
£ £ £
Cost
As at 1 August 2022 233,816 349 234,165
Disposals - (349 ) (349 )
As at 31 July 2023 233,816 - 233,816
Depreciation
As at 1 August 2022 - 349 349
Disposals - (349 ) (349 )
As at 31 July 2023 - - -
Net Book Value
As at 31 July 2023 233,816 - 233,816
As at 1 August 2022 233,816 - 233,816
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors - 1,113
Other taxes and social security 231 5,762
231 6,875
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 80
Accruals and deferred income 544 516
Directors' loan accounts 80,616 78,562
81,160 79,158
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 181,172 181,172
181,172 181,172
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
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