Acorah Software Products - Accounts Production 14.6.300 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 10434102 Mr Saied Nazemi Mr Payam Tamaskani Zahedi iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10434102 2022-10-31 10434102 2023-10-31 10434102 2022-11-01 2023-10-31 10434102 frs-core:CurrentFinancialInstruments 2023-10-31 10434102 frs-core:Non-currentFinancialInstruments 2023-10-31 10434102 frs-core:FurnitureFittings 2023-10-31 10434102 frs-core:FurnitureFittings 2022-11-01 2023-10-31 10434102 frs-core:FurnitureFittings 2022-10-31 10434102 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-10-31 10434102 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-11-01 2023-10-31 10434102 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-10-31 10434102 frs-core:OtherResidualIntangibleAssets 2023-10-31 10434102 frs-core:OtherResidualIntangibleAssets 2022-11-01 2023-10-31 10434102 frs-core:OtherResidualIntangibleAssets 2022-10-31 10434102 frs-core:PlantMachinery 2023-10-31 10434102 frs-core:PlantMachinery 2022-11-01 2023-10-31 10434102 frs-core:PlantMachinery 2022-10-31 10434102 frs-core:ShareCapital 2023-10-31 10434102 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 10434102 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 10434102 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 10434102 frs-bus:SmallEntities 2022-11-01 2023-10-31 10434102 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 10434102 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 10434102 frs-bus:Director1 2022-11-01 2023-10-31 10434102 frs-bus:Director2 2022-11-01 2023-10-31 10434102 frs-core:CurrentFinancialInstruments 1 2023-10-31 10434102 frs-core:CurrentFinancialInstruments 2 2023-10-31 10434102 frs-countries:EnglandWales 2022-11-01 2023-10-31 10434102 2021-10-31 10434102 2022-10-31 10434102 2021-11-01 2022-10-31 10434102 frs-core:CurrentFinancialInstruments 2022-10-31 10434102 frs-core:Non-currentFinancialInstruments 2022-10-31 10434102 frs-core:ShareCapital 2022-10-31 10434102 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31 10434102 frs-core:CurrentFinancialInstruments 1 2022-10-31 10434102 frs-core:CurrentFinancialInstruments 2 2022-10-31
Registered number: 10434102
Zahedi Health Co Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2023
TaxAssist Accountants Swiss Cottage
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10434102
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 9,000
Tangible Assets 5 238,081 254,433
238,081 263,433
CURRENT ASSETS
Stocks 6 4,900 9,744
Debtors 7 34,128 59,126
Cash at bank and in hand 13,475 30,387
52,503 99,257
Creditors: Amounts Falling Due Within One Year 8 (270,984 ) (254,485 )
NET CURRENT ASSETS (LIABILITIES) (218,481 ) (155,228 )
TOTAL ASSETS LESS CURRENT LIABILITIES 19,600 108,205
Creditors: Amounts Falling Due After More Than One Year 9 (174,660 ) (184,737 )
NET LIABILITIES (155,060 ) (76,532 )
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account (155,160 ) (76,632 )
SHAREHOLDERS' FUNDS (155,060) (76,532)
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For the year ending 31 October 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 Payam Tamaskani Zahedi
Director
24/07/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Zahedi Health Co Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10434102 . The registered office is 16-18 High Street, Bromley, England, BR1 1EA.
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:
Leasehold 25 years
Plant & Machinery 25% RBM
Fixtures & Fittings 25% RBM
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was :
2023 2022
Office and administration 42 61
42 61
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4. Intangible Assets
Other
£
Cost
As at 1 November 2022 45,000
As at 31 October 2023 45,000
Amortisation
As at 1 November 2022 36,000
Provided during the period 9,000
As at 31 October 2023 45,000
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 November 2022 253,748 21,966 50,986 326,700
Additions - 2,260 - 2,260
As at 31 October 2023 253,748 24,226 50,986 328,960
Depreciation
As at 1 November 2022 30,903 12,275 29,089 72,267
Provided during the period 10,150 2,988 5,474 18,612
As at 31 October 2023 41,053 15,263 34,563 90,879
Net Book Value
As at 31 October 2023 212,695 8,963 16,423 238,081
As at 1 November 2022 222,845 9,691 21,897 254,433
6. Stocks
2023 2022
£ £
Finished goods 4,900 9,744
7. Debtors
2023 2022
£ £
Due within one year
Trade debtors 17,278 17,434
Prepayments and accrued income 13,932 17,378
Other debtors - Card Control Account 2,918 24,314
34,128 59,126
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8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 68,457 72,441
Bank loans and overdrafts 8,311 -
Other taxes and social security 7,538 1,997
VAT 44,733 36,718
Net wages - 795
Bounce back loan 10,077 9,829
Pension Contribution 225 544
Accruals and deferred income - 578
Directors' loan accounts 131,643 131,583
270,984 254,485
9. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 17,365 27,442
Other creditors - Tasty Universe Ltd 157,295 157,295
174,660 184,737
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
11. Going Concern
The accounts have been prepared on a going concern basis which assumes the continued support of the company’s creditors. Should this support be withdrawn and not replaced by alternative finance, the company would be unable to continue trading. Adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that might arise and to reclassify fixed assets and long term liabilities as current assets and liabilities.
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