Acorah Software Products - Accounts Production 14.5.501 false true 30 September 2022 1 October 2021 false 1 October 2022 30 September 2023 30 September 2023 10941674 Mr Salvador De La Serna Ms Alessandra Lucy Risley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10941674 2022-09-30 10941674 2023-09-30 10941674 2022-10-01 2023-09-30 10941674 frs-core:CurrentFinancialInstruments 2023-09-30 10941674 frs-core:Non-currentFinancialInstruments 2023-09-30 10941674 frs-core:RevaluationReserve 2023-09-30 10941674 frs-core:ShareCapital 2023-09-30 10941674 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 10941674 frs-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 10941674 frs-bus:FilletedAccounts 2022-10-01 2023-09-30 10941674 frs-bus:SmallEntities 2022-10-01 2023-09-30 10941674 frs-bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 10941674 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 10941674 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-09-30 10941674 frs-bus:Director1 2022-10-01 2023-09-30 10941674 frs-bus:Director2 2022-10-01 2023-09-30 10941674 frs-countries:EnglandWales 2022-10-01 2023-09-30 10941674 2021-09-30 10941674 2022-09-30 10941674 2021-10-01 2022-09-30 10941674 frs-core:CurrentFinancialInstruments 2022-09-30 10941674 frs-core:Non-currentFinancialInstruments 2022-09-30 10941674 frs-core:RevaluationReserve 2022-09-30 10941674 frs-core:ShareCapital 2022-09-30 10941674 frs-core:RetainedEarningsAccumulatedLosses 2022-09-30 10941674 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2022-09-30
Registered number: 10941674
Indus International Estates Limited
Unaudited Financial Statements
For The Year Ended 30 September 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10941674
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 80,000 80,000
80,000 80,000
CURRENT ASSETS
Debtors 5 (5,778 ) (5,778 )
Cash at bank and in hand 151 3,815
(5,627 ) (1,963 )
Creditors: Amounts Falling Due Within One Year 6 (54,016 ) (57,044 )
NET CURRENT ASSETS (LIABILITIES) (59,643 ) (59,007 )
TOTAL ASSETS LESS CURRENT LIABILITIES 20,357 20,993
Creditors: Amounts Falling Due After More Than One Year 7 (1,156 ) (1,581 )
NET ASSETS 19,201 19,412
CAPITAL AND RESERVES
Called up share capital 8 3 3
Revaluation reserve 30,412 30,412
Fair Value Reserve (30,412 ) (30,412 )
Profit and Loss Account 19,198 19,409
SHAREHOLDERS' FUNDS 19,201 19,412
Page 1
Page 2
For the year ending 30 September 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
Ms Alessandra Lucy Risley
Director
10/04/2024
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
Indus International Estates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10941674 . The registered office is 15 Daton Road, Middleton, Manchester, M24 4RL.
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.
2.3. 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.
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 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: NIL)
1 -
4. Investment Property
2023
£
Fair Value
As at 1 October 2022 and 30 September 2023 80,000
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5. Debtors
2023 2022
£ £
Due within one year
Due after more than one year
Deferred tax current asset (5,778 ) (5,778 )
(5,778 ) (5,778 )
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Accruals and deferred income 275 275
Directors' loan accounts 53,741 56,769
54,016 57,044
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bounce Back Loan 1,156 1,581
1,156 1,581
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 3 3
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