Acorah Software Products - Accounts Production 15.0.600 false true true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 SC439670 Mr Sushil Jindal true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC439670 2023-01-31 SC439670 2024-01-31 SC439670 2023-02-01 2024-01-31 SC439670 frs-core:CurrentFinancialInstruments 2024-01-31 SC439670 frs-core:ComputerEquipment 2024-01-31 SC439670 frs-core:ComputerEquipment 2023-02-01 2024-01-31 SC439670 frs-core:ComputerEquipment 2023-01-31 SC439670 frs-core:FurnitureFittings 2024-01-31 SC439670 frs-core:FurnitureFittings 2023-02-01 2024-01-31 SC439670 frs-core:FurnitureFittings 2023-01-31 SC439670 frs-core:ShareCapital 2024-01-31 SC439670 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 SC439670 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 SC439670 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 SC439670 frs-bus:SmallEntities 2023-02-01 2024-01-31 SC439670 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 SC439670 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 SC439670 1 2023-02-01 2024-01-31 SC439670 frs-bus:Director1 2023-02-01 2024-01-31 SC439670 frs-bus:Director1 2023-01-31 SC439670 frs-bus:Director1 2024-01-31 SC439670 frs-countries:Scotland 2023-02-01 2024-01-31 SC439670 2022-01-31 SC439670 2023-01-31 SC439670 2022-02-01 2023-01-31 SC439670 frs-core:CurrentFinancialInstruments 2023-01-31 SC439670 frs-core:ShareCapital 2023-01-31 SC439670 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: SC439670
Column Infotech Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC439670
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,384 964
1,384 964
CURRENT ASSETS
Debtors 5 185 10,077
Cash at bank and in hand 188,367 167,624
188,552 177,701
Creditors: Amounts Falling Due Within One Year 6 (6,364 ) (16,666 )
NET CURRENT ASSETS (LIABILITIES) 182,188 161,035
TOTAL ASSETS LESS CURRENT LIABILITIES 183,572 161,999
NET ASSETS 183,572 161,999
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 183,472 161,899
SHAREHOLDERS' FUNDS 183,572 161,999
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For the year ending 31 January 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 Sushil Jindal
Director
19/08/2024
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
Column Infotech Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC439670 . The registered office is 65 Lady Place, Livingston, West Lothian, EH54 6TB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' ('FRS 102') 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. Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable services rendered, stated net of discounts and of Value Added Tax. When the consideration receivable in cash or cash equivalents is deferred, and the arrangement constitutes in effect a financing transaction, the fair value of the consideration is measured as the present value of all future receipts determined using an imputed rate of interest, normally the rate that discounts the nominal amount of consideration to the cash sales price.

The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met for each of the company's activities.
2.4. 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:
Fixtures & Fittings 25% straight line
Computer Equipment 25% straight line
2.5. 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.
2.6. 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.

Deferred tax assets and liabilities are not discounted
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
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2.8.
Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

Current and deferred tax assets and liabilities are not discounted.
2.9. 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
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 February 2023 1,228 5,652 6,880
Additions - 1,006 1,006
As at 31 January 2024 1,228 6,658 7,886
Depreciation
As at 1 February 2023 788 5,128 5,916
Provided during the period 147 439 586
As at 31 January 2024 935 5,567 6,502
Net Book Value
As at 31 January 2024 293 1,091 1,384
As at 1 February 2023 440 524 964
5. Debtors
2024 2023
£ £
Due within one year
VAT 185 -
Other taxes and social security - 669
Director's loan account - 9,408
185 10,077
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 5,197 13,955
VAT - 2,136
Accruals and deferred income 575 575
Director's loan account 592 -
6,364 16,666
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2023 Amounts advanced Amounts repaid Amounts written off As at 31 January 2024
£ £ £ £ £
Mr Sushil Jindal 9,408 10,000 - - (592 )
The above loan is unsecured, interest free and repayable on demand.
Dividends paid to directors
2024 2023
£ £
Mr Sushil Jindal 1,000 14,800
9. Dividends
2024 2023
£ £
On equity shares:
Interim dividend paid 1,000 14,800
10. Ultimate Controlling Party
The company's ultimate controlling party is director by virtue of his ownership of 75% of the issued share capital in the company.
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