Acorah Software Products - Accounts Production 15.0.500 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 13254720 Dr Pardeep Saini Mrs Jessika Saini iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13254720 2023-03-31 13254720 2024-03-31 13254720 2023-04-01 2024-03-31 13254720 frs-core:CurrentFinancialInstruments 2024-03-31 13254720 frs-core:ComputerEquipment 2024-03-31 13254720 frs-core:ComputerEquipment 2023-04-01 2024-03-31 13254720 frs-core:ComputerEquipment 2023-03-31 13254720 frs-core:ShareCapital 2024-03-31 13254720 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 13254720 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13254720 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 13254720 frs-bus:SmallEntities 2023-04-01 2024-03-31 13254720 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13254720 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 13254720 frs-bus:Director1 2023-04-01 2024-03-31 13254720 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 13254720 frs-countries:EnglandWales 2023-04-01 2024-03-31 13254720 2022-03-31 13254720 2023-03-31 13254720 2022-04-01 2023-03-31 13254720 frs-core:CurrentFinancialInstruments 2023-03-31 13254720 frs-core:ShareCapital 2023-03-31 13254720 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 13254720
The Seventh Key Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Sachdevs
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13254720
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,912 525
1,912 525
CURRENT ASSETS
Debtors 5 238,326 272
Cash at bank and in hand 33,055 62,498
271,381 62,770
Creditors: Amounts Falling Due Within One Year 6 (72,332 ) (3,136 )
NET CURRENT ASSETS (LIABILITIES) 199,049 59,634
TOTAL ASSETS LESS CURRENT LIABILITIES 200,961 60,159
NET ASSETS 200,961 60,159
CAPITAL AND RESERVES
Called up share capital 7 101 101
Profit and Loss Account 200,860 60,058
SHAREHOLDERS' FUNDS 200,961 60,159
Page 1
Page 2
For the year ending 31 March 2024 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
Dr Pardeep Saini
Director
25/07/2024
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
The Seventh Key Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13254720 . The registered office is 51-53 Westbury Hill, Westbury On Trym, Bristol, BS9 3AD.
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 25% on cost
2.4. Taxation
Taxation for the year comprises current and deferred tax.  Tax is recognised in the Statement of Income and Retained earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognsised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.  
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 1)
2 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2023 1,049
Additions 2,198
As at 31 March 2024 3,247
Depreciation
As at 1 April 2023 524
Provided during the period 811
As at 31 March 2024 1,335
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 March 2024 1,912
As at 1 April 2023 525
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 41,357 -
Other debtors 21 272
41,378 272
Due after more than one year
Amounts owed by group undertakings 196,948 -
238,326 272
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 12,840 3,136
Taxation and social security 59,492 -
72,332 3,136
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 101 101
Page 4