Acorah Software Products - Accounts Production 14.5.601 false true true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 SC634982 Mr Arun Gopinath Mr Srinivas Sankaraneni Ms Mridul Wadhwa directors true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC634982 2022-07-31 SC634982 2023-07-31 SC634982 2022-08-01 2023-07-31 SC634982 frs-core:CurrentFinancialInstruments 2023-07-31 SC634982 frs-core:ComputerEquipment 2023-07-31 SC634982 frs-core:ComputerEquipment 2022-08-01 2023-07-31 SC634982 frs-core:ComputerEquipment 2022-07-31 SC634982 frs-core:SharePremium 2023-07-31 SC634982 frs-core:ShareCapital 2023-07-31 SC634982 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 SC634982 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 SC634982 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 SC634982 frs-bus:SmallEntities 2022-08-01 2023-07-31 SC634982 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 SC634982 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 SC634982 1 2022-08-01 2023-07-31 SC634982 frs-bus:Director1 2022-08-01 2023-07-31 SC634982 frs-bus:Director2 2022-08-01 2023-07-31 SC634982 frs-bus:Director3 2022-08-01 2023-07-31 SC634982 frs-countries:Scotland 2022-08-01 2023-07-31 SC634982 2021-07-31 SC634982 2022-07-31 SC634982 2021-08-01 2022-07-31 SC634982 frs-core:CurrentFinancialInstruments 2022-07-31 SC634982 frs-core:SharePremium 2022-07-31 SC634982 frs-core:ShareCapital 2022-07-31 SC634982 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: SC634982
Vahanomy Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2023
Unaudited Financial Statements
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: SC634982
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 956 -
956 -
CURRENT ASSETS
Debtors 5 3,038 -
Cash at bank and in hand 57,983 24,272
61,021 24,272
Creditors: Amounts Falling Due Within One Year 6 (54,954 ) (3,390 )
NET CURRENT ASSETS (LIABILITIES) 6,067 20,882
TOTAL ASSETS LESS CURRENT LIABILITIES 7,023 20,882
NET ASSETS 7,023 20,882
CAPITAL AND RESERVES
Called up share capital 7 3,334 3,334
Share premium account 32,833 32,833
Income Statement (29,144 ) (15,285 )
SHAREHOLDERS' FUNDS 7,023 20,882
Page 1
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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 Income Statement.
On behalf of the board
Mr Arun Gopinath
Director
22/04/2024
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
Vahanomy Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC634982 . The registered office is C/O Geovation Scotland, Meadowbank House, 153 London Road, Edinburgh, EH8 7AU.
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
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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 25% straight line
2.4. Government Grant
Government grants are recognised in the income statement in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income statement. Grants towards general activities of the entity over a specific period are recognised in the income statement over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income statement over the useful life of the asset concerned.
All grants in the income statement are recognised when all conditions for receipt have been complied with.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the income statement, directors report, and notes to the financial statements relating to the income statement.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 1)
3 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 August 2022 -
Additions 1,275
As at 31 July 2023 1,275
Depreciation
As at 1 August 2022 -
Provided during the period 319
As at 31 July 2023 319
Net Book Value
As at 31 July 2023 956
As at 1 August 2022 -
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5. Debtors
2023 2022
£ £
Due within one year
VAT 3,038 -
3,038 -
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other taxes and social security 879 -
Other creditors 291 -
Accruals and deferred income 784 390
Directors' loan accounts 53,000 3,000
54,954 3,390
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 3,334 3,334
8. Ultimate Controlling Party
The company's ultimate controlling party is directors by virtue of their ownership of 100% of the issued share capital in the company.
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