Acorah Software Products - Accounts Production 15.0.400 false true 31 December 2022 23 December 2021 false 1 January 2023 31 December 2023 31 December 2023 13815702 Mr Naser Abdulmohsen MOHAMMAD ALMARRI Mr Khurram SAYEED Mr Richard Paul WYNN Mr Syed Kashif Zafar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13815702 2022-12-31 13815702 2023-12-31 13815702 2023-01-01 2023-12-31 13815702 frs-core:CurrentFinancialInstruments 2023-12-31 13815702 frs-core:Non-currentFinancialInstruments 2023-12-31 13815702 frs-core:ComputerEquipment 2023-12-31 13815702 frs-core:ComputerEquipment 2023-01-01 2023-12-31 13815702 frs-core:ComputerEquipment 2022-12-31 13815702 frs-core:ShareCapital 2023-12-31 13815702 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13815702 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13815702 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 13815702 frs-bus:SmallEntities 2023-01-01 2023-12-31 13815702 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13815702 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13815702 frs-bus:Director1 2023-01-01 2023-12-31 13815702 frs-bus:Director2 2023-01-01 2023-12-31 13815702 frs-bus:Director3 2023-01-01 2023-12-31 13815702 frs-bus:Director4 2023-01-01 2023-12-31 13815702 frs-countries:EnglandWales 2023-01-01 2023-12-31 13815702 2021-12-22 13815702 2022-12-31 13815702 2021-12-23 2022-12-31 13815702 frs-core:CurrentFinancialInstruments 2022-12-31 13815702 frs-core:Non-currentFinancialInstruments 2022-12-31 13815702 frs-core:ShareCapital 2022-12-31 13815702 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 13815702
Ncm Financial UK Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
SKZ Chartered Certified Accountants
Chartered Certified Accountants
Unit 1
1 Riches Road
Ilford
IG1 1JH
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13815702
31 December 2023 31 December 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,630 -
3,630 -
CURRENT ASSETS
Debtors 5 - 80
Cash at bank and in hand 1,041,406 9,171
1,041,406 9,251
Creditors: Amounts Falling Due Within One Year 6 (7,312 ) (4,600 )
NET CURRENT ASSETS (LIABILITIES) 1,034,094 4,651
TOTAL ASSETS LESS CURRENT LIABILITIES 1,037,724 4,651
Creditors: Amounts Falling Due After More Than One Year 7 (1,248,900 ) (9,900 )
NET LIABILITIES (211,176 ) (5,249 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (211,276 ) (5,349 )
SHAREHOLDERS' FUNDS (211,176) (5,249)
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 Khurram SAYEED
Director
02/08/2024
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
Ncm Financial UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13815702 . The registered office is Liverpool Street - 35 New Broad Street, Offices 121 And 122,, London, England, EC2M 1NH.
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. 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 33% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2022: 1)
6 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2023 -
Additions 4,347
As at 31 December 2023 4,347
Depreciation
As at 1 January 2023 -
Provided during the period 717
As at 31 December 2023 717
Net Book Value
As at 31 December 2023 3,630
As at 1 January 2023 -
5. Debtors
31 December 2023 31 December 2022
£ £
Due within one year
Other taxes and social security - 80
- 80
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
31 December 2023 31 December 2022
£ £
Other taxes and social security 4,912 -
Net wages - 1,600
Accruals and deferred income 2,400 3,000
7,312 4,600
7. Creditors: Amounts Falling Due After More Than One Year
31 December 2023 31 December 2022
£ £
Amounts owed to group undertakings 288,900 9,900
Amounts owed to other participating interests 960,000 -
1,248,900 9,900
8. Share Capital
31 December 2023 31 December 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4