Acorah Software Products - Accounts Production 15.0.500 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 06564637 Mr Yazdan Hashemi Mrs Atoosa Khorram iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06564637 2023-04-30 06564637 2024-04-30 06564637 2023-05-01 2024-04-30 06564637 frs-core:CurrentFinancialInstruments 2024-04-30 06564637 frs-core:ComputerEquipment 2024-04-30 06564637 frs-core:ComputerEquipment 2023-05-01 2024-04-30 06564637 frs-core:ComputerEquipment 2023-04-30 06564637 frs-core:MotorVehicles 2023-05-01 2024-04-30 06564637 frs-core:PlantMachinery 2024-04-30 06564637 frs-core:PlantMachinery 2023-05-01 2024-04-30 06564637 frs-core:PlantMachinery 2023-04-30 06564637 frs-core:ShareCapital 2024-04-30 06564637 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 06564637 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 06564637 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 06564637 frs-bus:SmallEntities 2023-05-01 2024-04-30 06564637 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 06564637 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 06564637 frs-bus:Director1 2023-05-01 2024-04-30 06564637 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 06564637 frs-countries:EnglandWales 2023-05-01 2024-04-30 06564637 2022-04-30 06564637 2023-04-30 06564637 2022-05-01 2023-04-30 06564637 frs-core:CurrentFinancialInstruments 2023-04-30 06564637 frs-core:ShareCapital 2023-04-30 06564637 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 06564637
BDS Imports And Exports Limited
Financial Statements
For The Year Ended 30 April 2024
C.T. Accountants
63b Brighton Road
South Croydon
Surrey
CR2 6EE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06564637
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,753 1,342
1,753 1,342
CURRENT ASSETS
Debtors 5 (608,574 ) (699,819 )
Cash at bank and in hand 852,513 953,501
243,939 253,682
Creditors: Amounts Falling Due Within One Year 6 (113,801 ) (179,203 )
NET CURRENT ASSETS (LIABILITIES) 130,138 74,479
TOTAL ASSETS LESS CURRENT LIABILITIES 131,891 75,821
NET ASSETS 131,891 75,821
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 131,791 75,721
SHAREHOLDERS' FUNDS 131,891 75,821
Page 1
Page 2
For the year ending 30 April 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
Mr Yazdan Hashemi
Director
18th July 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
BDS Imports And Exports Limited Registered number 06564637 is a limited by shares company incorporated in England & Wales. The Registered Office is Oak Trees, Bishops Walk, Croydon, CR0 5BA.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Plant & Machinery 15% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 33% Straight Line
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
1 1
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 May 2023 3,655 763 4,418
Additions - 1,013 1,013
As at 30 April 2024 3,655 1,776 5,431
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 May 2023 2,684 392 3,076
Provided during the period 146 456 602
As at 30 April 2024 2,830 848 3,678
Net Book Value
As at 30 April 2024 825 928 1,753
As at 1 May 2023 971 371 1,342
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 34,775 -
Prepayments and accrued income (643,349 ) (699,819 )
(608,574 ) (699,819 )
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 82,750
Corporation tax 15,326 5,635
Other taxes and social security 106 15
Other creditors 1,718 1,940
Director's loan account 96,650 88,863
113,801 179,203
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4