Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 03874491 Mr Graham Austin Mr Nicholas Beart Mr William Kendall Mr Jacob Tandberg iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03874491 2022-12-31 03874491 2023-12-31 03874491 2023-01-01 2023-12-31 03874491 frs-core:CurrentFinancialInstruments 2023-12-31 03874491 frs-core:SharePremium 2023-12-31 03874491 frs-core:ShareCapital 2023-12-31 03874491 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 03874491 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03874491 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 03874491 frs-bus:SmallEntities 2023-01-01 2023-12-31 03874491 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 03874491 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 03874491 frs-core:CostValuation 2022-12-31 03874491 frs-core:CostValuation 2023-12-31 03874491 frs-core:ProvisionsForImpairmentInvestments 2022-12-31 03874491 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 03874491 frs-bus:Director1 2023-01-01 2023-12-31 03874491 frs-bus:Director2 2023-01-01 2023-12-31 03874491 frs-bus:Director3 2023-01-01 2023-12-31 03874491 frs-bus:Director4 2023-01-01 2023-12-31 03874491 frs-countries:EnglandWales 2023-01-01 2023-12-31 03874491 2021-12-31 03874491 2022-12-31 03874491 2022-01-01 2022-12-31 03874491 frs-core:CurrentFinancialInstruments 2022-12-31 03874491 frs-core:SharePremium 2022-12-31 03874491 frs-core:ShareCapital 2022-12-31 03874491 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 03874491
Nemadi Advisors Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 03874491
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 1 1
1 1
CURRENT ASSETS
Debtors 5 2,457 6,907
Cash at bank and in hand 146,091 165,719
148,548 172,626
Creditors: Amounts Falling Due Within One Year 6 (10,191 ) (11,250 )
NET CURRENT ASSETS (LIABILITIES) 138,357 161,376
TOTAL ASSETS LESS CURRENT LIABILITIES 138,358 161,377
NET ASSETS 138,358 161,377
CAPITAL AND RESERVES
Called up share capital 7 9 9
Share premium account 99,995 99,995
Profit and Loss Account 38,354 61,373
SHAREHOLDERS' FUNDS 138,358 161,377
Page 1
Page 2
For the year ending 31 December 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 Graham Austin
Director
04/04/2024
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
Nemadi Advisors Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03874491 . The registered office is 39 Hill View Road, Hildenborough, Tonbridge, Kent, TN11 9DD.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2022: 4)
4 4
4. Investments
Subsidiaries
£
Cost
As at 1 January 2023 1
As at 31 December 2023 1
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 1
As at 1 January 2023 1
Subsidiary undertaking
The following was a subsidiary undertaking of the Company:

Nemadi General Partners Limited - Ordinary shares - 100% owned.
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Page 4
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors - 5,000
Prepayments and accrued income 402 399
Other debtors 1,508 1,508
VAT 547 -
2,457 6,907
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 3,681 3,646
Taxation and social security 172 1,507
Other creditors 5,643 5,402
Accruals and deferred income 695 695
10,191 11,250
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 9 9
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