Acorah Software Products - Accounts Production 14.5.601 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 12086335 Mr Marcin Maksymiuk Mrs Monika Maksymiuk iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12086335 2022-07-31 12086335 2023-07-31 12086335 2022-08-01 2023-07-31 12086335 frs-core:Non-currentFinancialInstruments 2023-07-31 12086335 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-31 12086335 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 12086335 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-07-31 12086335 frs-core:ShareCapital 2023-07-31 12086335 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 12086335 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 12086335 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 12086335 frs-bus:SmallEntities 2022-08-01 2023-07-31 12086335 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 12086335 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 12086335 frs-bus:Director1 2022-08-01 2023-07-31 12086335 frs-bus:Director2 2022-08-01 2023-07-31 12086335 frs-countries:EnglandWales 2022-08-01 2023-07-31 12086335 2021-07-31 12086335 2022-07-31 12086335 2021-08-01 2022-07-31 12086335 frs-core:Non-currentFinancialInstruments 2022-07-31 12086335 frs-core:ShareCapital 2022-07-31 12086335 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 12086335
SEI Focused Investments Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12086335
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 184,365 71,605
184,365 71,605
CURRENT ASSETS
Debtors 5 - 1,950
Cash at bank and in hand 371 6,492
371 8,442
Creditors: Amounts Falling Due Within One Year 6 (82,646 ) (34,888 )
NET CURRENT ASSETS (LIABILITIES) (82,275 ) (26,446 )
TOTAL ASSETS LESS CURRENT LIABILITIES 102,090 45,159
Creditors: Amounts Falling Due After More Than One Year 7 (107,605 ) (52,500 )
NET LIABILITIES (5,515 ) (7,341 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (5,615 ) (7,441 )
SHAREHOLDERS' FUNDS (5,515) (7,341)
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 Marcin Maksymiuk
Director
17/04/2024
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
SEI Focused Investments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12086335 . The registered office is 53 Cotland Acres, Redhill, RH1 6JZ.
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:
Freehold Freehold Land & Property
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: )
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 August 2022 71,605
Additions 112,760
As at 31 July 2023 184,365
Net Book Value
As at 31 July 2023 184,365
As at 1 August 2022 71,605
5. Debtors
2023 2022
£ £
Due within one year
Other debtors - 1,950
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors 82,646 34,888
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 107,605 52,500
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4