Acorah Software Products - Accounts Production 15.0.400 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 10451680 Mr Sharmil Rayarel iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10451680 2022-10-31 10451680 2023-10-31 10451680 2022-11-01 2023-10-31 10451680 frs-core:CurrentFinancialInstruments 2023-10-31 10451680 frs-core:Non-currentFinancialInstruments 2023-10-31 10451680 frs-core:ComputerEquipment 2023-10-31 10451680 frs-core:ComputerEquipment 2022-11-01 2023-10-31 10451680 frs-core:ComputerEquipment 2022-10-31 10451680 frs-core:FurnitureFittings 2023-10-31 10451680 frs-core:FurnitureFittings 2022-11-01 2023-10-31 10451680 frs-core:FurnitureFittings 2022-10-31 10451680 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-11-01 2023-10-31 10451680 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 10451680 frs-core:PlantMachinery 2023-10-31 10451680 frs-core:PlantMachinery 2022-11-01 2023-10-31 10451680 frs-core:PlantMachinery 2022-10-31 10451680 frs-core:ShareCapital 2023-10-31 10451680 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 10451680 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 10451680 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 10451680 frs-bus:SmallEntities 2022-11-01 2023-10-31 10451680 frs-bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 10451680 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 10451680 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2022-11-01 2023-10-31 10451680 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2022-10-31 10451680 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-10-31 10451680 frs-bus:Director1 2022-11-01 2023-10-31 10451680 frs-countries:EnglandWales 2022-11-01 2023-10-31 10451680 2021-10-31 10451680 2022-10-31 10451680 2021-11-01 2022-10-31 10451680 frs-core:CurrentFinancialInstruments 2022-10-31 10451680 frs-core:Non-currentFinancialInstruments 2022-10-31 10451680 frs-core:ShareCapital 2022-10-31 10451680 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31 10451680 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2022-10-31
Registered number: 10451680
SDR Consult Limited
Unaudited Financial Statements
For The Year Ended 31 October 2023
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—7
Page 1
Accountant's Report
As described on the Blanace Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2023 and you consider that the company is exempt from an audit.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.
Signed
01/01/2024
Jubilee House East Beach
Lytham St.Annes
Lancashire
FY8 5FT
Page 1
Page 2
Balance Sheet
Registered number: 10451680
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 450 12
Investment Properties 5 312,000 288,013
312,450 288,025
CURRENT ASSETS
Debtors 6 100 90,206
Cash at bank and in hand 36,050 26,609
36,150 116,815
Creditors: Amounts Falling Due Within One Year 7 (8,164 ) (16,475 )
NET CURRENT ASSETS (LIABILITIES) 27,986 100,340
TOTAL ASSETS LESS CURRENT LIABILITIES 340,436 388,365
Creditors: Amounts Falling Due After More Than One Year 8 (295,217 ) (284,050 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 9 (4,236 ) -
NET ASSETS 40,983 104,315
CAPITAL AND RESERVES
Called up share capital 10 100 100
Fair Value Reserve 11 17,574 (4,860 )
Profit and Loss Account 23,309 109,075
SHAREHOLDERS' FUNDS 40,983 104,315
Page 2
Page 3
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Sharmil Rayarel
Director
24/07/2024
The notes on pages 4 to 7 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
SDR Consult Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10451680 . The registered office is Jubilee House, East Beach, Lytham St.annes, FY8 5FT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statement have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Going concern
These financial statements are prepared on a going concern basis. The Directors have every expectation that the company will continue in operational existence for the foreseeable future and meet its liabilities as they fall due.
Thus the Directors consider it appropriate to prepare these financial statements on a going concern basis.

Cash at bank and in hand
Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are showing within borrowings in current liabilities.

2.2. Turnover
Turnover represents rents received net of VAT.
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 Revalued to fair value
Leasehold Revalued to fair value
Plant & Machinery Straight Line
Fixtures & Fittings Straight Line
Computer Equipment Straight Line
2.4. Investment Properties
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure.
Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss.
2.5. Financial Instruments
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measure at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.


Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangement entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.


Basic financial liabilities

Basic financial liabilities, including creditors, bank loans and loans from fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

...CONTINUED
Page 4
Page 5
2.5. Financial Instruments - continued
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.


Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividend payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2.6. 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: NIL (2022: NIL)
- -
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost or Valuation
As at 1 November 2022 - 299 3,901 4,200
Additions 509 - - 509
As at 31 October 2023 509 299 3,901 4,709
Depreciation
As at 1 November 2022 - 299 3,889 4,188
Provided during the period 71 - - 71
As at 31 October 2023 71 299 3,889 4,259
Net Book Value
As at 31 October 2023 438 - 12 450
As at 1 November 2022 - - 12 12
Page 5
Page 6
5. Investment Property
2023
£
Fair Value
As at 1 November 2022 288,013
Revaluations 23,987
As at 31 October 2023 312,000
6. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income - 90,106
Called up share capital not paid 100 100
100 90,206
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors (1 ) (2 )
Corporation tax 1,423 3,825
Other creditors 312 12,652
Accruals and deferred income 6,430 -
8,164 16,475
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other creditors 295,217 284,050
9. Deferred Taxation
The provision for deferred tax is made up as follows:
2023 2022
£ £
Other timing differences 4,236 -
10. Share Capital
2023 2022
£ £
Called Up Share Capital not Paid 100 100
Amount of Allotted, Called Up Share Capital 100 100
Page 6
Page 7
11. Reserves
Fair Value Reserve
£
As at 1 November 2022 (4,860 )
Transfer to profit and loss 22,434
As at 31 October 2023 17,574
Page 7