Acorah Software Products - Accounts Production 14.5.601 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 09387243 Mrs Bindi SHAH Mr Amol SHAH iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09387243 2023-01-31 09387243 2024-01-31 09387243 2023-02-01 2024-01-31 09387243 frs-core:ComputerEquipment 2023-02-01 2024-01-31 09387243 frs-core:ShareCapital 2024-01-31 09387243 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 09387243 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09387243 frs-bus:AbridgedAccounts 2023-02-01 2024-01-31 09387243 frs-bus:SmallEntities 2023-02-01 2024-01-31 09387243 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 09387243 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 09387243 frs-bus:Director1 2023-02-01 2024-01-31 09387243 frs-bus:Director2 2023-02-01 2024-01-31 09387243 1 2023-02-01 2024-01-31 09387243 frs-countries:EnglandWales 2023-02-01 2024-01-31 09387243 2022-01-31 09387243 2023-01-31 09387243 2022-02-01 2023-01-31 09387243 frs-core:ShareCapital 2023-01-31 09387243 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 09387243 1 2022-02-01 2023-01-31
Registered number: 09387243
SIM CONSULTANCY LTD
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 January 2024
Unaudited Financial Statements
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 09387243
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 14,352 657
Cash at bank and in hand 18,790 17,216
33,142 17,873
Creditors: Amounts Falling Due Within One Year (30,326 ) (14,606 )
NET CURRENT ASSETS (LIABILITIES) 2,816 3,267
TOTAL ASSETS LESS CURRENT LIABILITIES 2,816 3,267
NET ASSETS 2,816 3,267
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account 2,716 3,167
SHAREHOLDERS' FUNDS 2,816 3,267
Page 1
Page 2
For the year ending 31 January 2024 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 January 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Amol SHAH
Director
11/04/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
SIM CONSULTANCY LTD is a private company, limited by shares, incorporated in England & Wales, registered number 09387243 . The registered office is 20 Dudley Gardens, Harrow, Middlesex, HA2 0DQ.
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:
Computer Equipment SLM
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
Director 2 2
3 3
Page 3
Page 4
4. Tangible Assets
Total
£
Cost
As at 1 February 2023 809
As at 31 January 2024 809
Depreciation
As at 1 February 2023 809
As at 31 January 2024 809
Net Book Value
As at 31 January 2024 -
As at 1 February 2023 -
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4