Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 09895150 Mr S Sharma Mrs N Sharma iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09895150 2022-11-30 09895150 2023-11-30 09895150 2022-12-01 2023-11-30 09895150 frs-core:CurrentFinancialInstruments 2023-11-30 09895150 frs-core:ComputerEquipment 2023-11-30 09895150 frs-core:ComputerEquipment 2022-12-01 2023-11-30 09895150 frs-core:ComputerEquipment 2022-11-30 09895150 frs-core:ShareCapital 2023-11-30 09895150 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 09895150 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09895150 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 09895150 frs-bus:SmallEntities 2022-12-01 2023-11-30 09895150 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09895150 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09895150 frs-core:DeferredTaxation 2022-12-01 2023-11-30 09895150 frs-core:DeferredTaxation 2022-11-30 09895150 frs-core:UnlistedNon-exchangeTraded 2023-11-30 09895150 frs-core:UnlistedNon-exchangeTraded 2022-11-30 09895150 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-11-30 09895150 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-11-30 09895150 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-11-30 09895150 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-11-30 09895150 frs-bus:Director1 2022-12-01 2023-11-30 09895150 frs-bus:Director2 2022-12-01 2023-11-30 09895150 frs-countries:EnglandWales 2022-12-01 2023-11-30 09895150 2021-11-30 09895150 2022-11-30 09895150 2021-12-01 2022-11-30 09895150 frs-core:CurrentFinancialInstruments 2022-11-30 09895150 frs-core:ShareCapital 2022-11-30 09895150 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 09895150
Sanjeev Sharma Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09895150
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 301
Investments 5 104,000 104,000
104,000 104,301
CURRENT ASSETS
Debtors 6 16,573 21,350
Cash at bank and in hand 564,622 456,740
581,195 478,090
Creditors: Amounts Falling Due Within One Year 7 (154,022 ) (143,036 )
NET CURRENT ASSETS (LIABILITIES) 427,173 335,054
TOTAL ASSETS LESS CURRENT LIABILITIES 531,173 439,355
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 - (57 )
NET ASSETS 531,173 439,298
CAPITAL AND RESERVES
Called up share capital 10 200 200
Profit and Loss Account 530,973 439,098
SHAREHOLDERS' FUNDS 531,173 439,298
Page 1
Page 2
For the year ending 30 November 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 S Sharma
Director
27/08/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Sanjeev Sharma Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09895150 . The registered office is 2 Holt House Grove, Sheffield, S7 2QG.
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.
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% straight line
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 December 2022 1,749
As at 30 November 2023 1,749
Depreciation
As at 1 December 2022 1,448
Provided during the period 301
As at 30 November 2023 1,749
Net Book Value
As at 30 November 2023 -
As at 1 December 2022 301
Page 3
Page 4
5. Investments
Unlisted
£
Cost
As at 1 December 2022 104,000
As at 30 November 2023 104,000
Provision
As at 1 December 2022 -
As at 30 November 2023 -
Net Book Value
As at 30 November 2023 104,000
As at 1 December 2022 104,000
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 7,409 10,775
Prepayments and accrued income 9,164 10,575
16,573 21,350
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Corporation tax 43,691 20,087
Other creditors 94 -
Accruals and deferred income 2,161 2,093
Directors' loan accounts 108,076 120,856
154,022 143,036
8. Deferred Taxation
The provision for deferred tax is made up as follows:
2023 2022
£ £
Other timing differences - 57
9. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 December 2022 57 57
Deferred taxation (57 ) (57 )
Page 4
Page 5
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 200 200
Page 5