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 10481876 Mr Mohammad Ikram Mr Esa Ikram Mr Kamran Ikram iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10481876 2022-11-30 10481876 2023-11-30 10481876 2022-12-01 2023-11-30 10481876 frs-core:CurrentFinancialInstruments 2023-11-30 10481876 frs-core:Non-currentFinancialInstruments 2023-11-30 10481876 frs-core:ComputerEquipment 2023-11-30 10481876 frs-core:ComputerEquipment 2022-12-01 2023-11-30 10481876 frs-core:ComputerEquipment 2022-11-30 10481876 frs-core:ShareCapital 2023-11-30 10481876 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 10481876 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 10481876 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 10481876 frs-bus:SmallEntities 2022-12-01 2023-11-30 10481876 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 10481876 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 10481876 frs-core:CostValuation 2022-11-30 10481876 frs-core:AdditionsToInvestments 2023-11-30 10481876 frs-core:DisposalsRepaymentsInvestments 2023-11-30 10481876 frs-core:CostValuation 2023-11-30 10481876 frs-core:ProvisionsForImpairmentInvestments 2022-11-30 10481876 frs-core:ProvisionsForImpairmentInvestments 2023-11-30 10481876 frs-core:UnlistedNon-exchangeTraded 2023-11-30 10481876 frs-core:UnlistedNon-exchangeTraded 2022-11-30 10481876 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-11-30 10481876 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2023-11-30 10481876 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2023-11-30 10481876 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-11-30 10481876 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-11-30 10481876 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-11-30 10481876 frs-bus:Director1 2022-12-01 2023-11-30 10481876 frs-bus:Director2 2022-12-01 2023-11-30 10481876 frs-bus:Director3 2022-12-01 2023-11-30 10481876 frs-countries:EnglandWales 2022-12-01 2023-11-30 10481876 2021-11-30 10481876 2022-11-30 10481876 2021-12-01 2022-11-30 10481876 frs-core:CurrentFinancialInstruments 2022-11-30 10481876 frs-core:Non-currentFinancialInstruments 2022-11-30 10481876 frs-core:ShareCapital 2022-11-30 10481876 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 10481876
Theguga.Com Limited
Financial Statements
For The Year Ended 30 November 2023
Ingenious Accountants Ltd
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10481876
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 456 627
Investments 5 2,313,933 2,313,933
2,314,389 2,314,560
CURRENT ASSETS
Debtors 6 827,500 792,500
Cash at bank and in hand 374,963 495,210
1,202,463 1,287,710
Creditors: Amounts Falling Due Within One Year 7 (2,908,911 ) (2,913,655 )
NET CURRENT ASSETS (LIABILITIES) (1,706,448 ) (1,625,945 )
TOTAL ASSETS LESS CURRENT LIABILITIES 607,941 688,615
Creditors: Amounts Falling Due After More Than One Year 8 (11,835 ) (19,725 )
NET ASSETS 596,106 668,890
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 596,006 668,790
SHAREHOLDERS' FUNDS 596,106 668,890
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 Mohammad Ikram
Director
29th August 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
Theguga.Com Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10481876 . The registered office is 408 Dawson House, 11 Circus Road West, London, SW11 8EN.
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% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 3)
3 3
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 December 2022 684
As at 30 November 2023 684
Depreciation
As at 1 December 2022 57
Provided during the period 171
As at 30 November 2023 228
Net Book Value
As at 30 November 2023 456
As at 1 December 2022 627
Page 3
Page 4
5. Investments
Unlisted Other Total
£ £ £
Cost
As at 1 December 2022 1,753,933 560,000 2,313,933
Additions 310,000 - 310,000
Disposals - (310,000 ) (310,000 )
As at 30 November 2023 2,063,933 250,000 2,313,933
Provision
As at 1 December 2022 - - -
As at 30 November 2023 - - -
Net Book Value
As at 30 November 2023 2,063,933 250,000 2,313,933
As at 1 December 2022 1,753,933 560,000 2,313,933
6. Debtors
2023 2022
£ £
Due within one year
Other debtors 827,500 792,500
827,500 792,500
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 7,890 7,890
Other creditors 243,280 243,280
Accruals and deferred income 480 660
Directors' loan accounts 2,657,261 2,661,825
2,908,911 2,913,655
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 11,835 19,725
11,835 19,725
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4