Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 07204533 Mr Rana Khan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07204533 2023-03-31 07204533 2024-03-31 07204533 2023-04-01 2024-03-31 07204533 frs-core:CurrentFinancialInstruments 2024-03-31 07204533 frs-core:Non-currentFinancialInstruments 2024-03-31 07204533 frs-core:ComputerEquipment 2024-03-31 07204533 frs-core:ComputerEquipment 2023-04-01 2024-03-31 07204533 frs-core:ComputerEquipment 2023-03-31 07204533 frs-core:FurnitureFittings 2024-03-31 07204533 frs-core:FurnitureFittings 2023-04-01 2024-03-31 07204533 frs-core:FurnitureFittings 2023-03-31 07204533 frs-core:MotorVehicles 2023-04-01 2024-03-31 07204533 frs-core:ShareCapital 2024-03-31 07204533 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07204533 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07204533 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07204533 frs-bus:SmallEntities 2023-04-01 2024-03-31 07204533 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07204533 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07204533 frs-bus:Director1 2023-04-01 2024-03-31 07204533 frs-bus:Director1 2023-03-31 07204533 frs-bus:Director1 2024-03-31 07204533 frs-countries:EnglandWales 2023-04-01 2024-03-31 07204533 2022-03-31 07204533 2023-03-31 07204533 2022-04-01 2023-03-31 07204533 frs-core:CurrentFinancialInstruments 2023-03-31 07204533 frs-core:Non-currentFinancialInstruments 2023-03-31 07204533 frs-core:ShareCapital 2023-03-31 07204533 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 07204533
BTLTimes.Com Ltd
Financial Statements
For The Year Ended 31 March 2024
JR Accounts
Chartered Certified Accountants
164-166 High Road
Ilford
Essex
IG1 1LL
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—7
Page 1
Company Information
Director Mr Rana Khan
Company Number 07204533
Registered Office 164-166 High Road
Ilford
Essex
IG1 1LL
Accountants JR Accounts
Chartered Certified Accountants
164-166 High Road
Ilford
Essex
IG1 1LL
Page 1
Page 2
Balance Sheet
Registered number: 07204533
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,792 2,274
2,792 2,274
CURRENT ASSETS
Debtors 5 39,140 42,516
Cash at bank and in hand 83,075 71,939
122,215 114,455
Creditors: Amounts Falling Due Within One Year 6 (79,273 ) (75,219 )
NET CURRENT ASSETS (LIABILITIES) 42,942 39,236
TOTAL ASSETS LESS CURRENT LIABILITIES 45,734 41,510
Creditors: Amounts Falling Due After More Than One Year 7 (35,333 ) (40,741 )
NET ASSETS 10,401 769
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 10,301 669
SHAREHOLDERS' FUNDS 10,401 769
Page 2
Page 3
For the year ending 31 March 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 Rana Khan
Director
20 August 2024
The notes on pages 4 to 7 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
The presentation currency of the financial statements is the Pound Sterling (£).

BTLTimes.Com Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07204533 . The registered office is 164-166 High Road, Ilford, Essex, IG1 1LL.
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:
Motor Vehicles 25% on reducing balance method
Fixtures & Fittings 25% on reducing balance method
Computer Equipment 25% on reducing balance method
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Page 4
Page 5
2.5. 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. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
The average number of employees, including the director, during the year was  2 (2023: 1)
2 1
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2023 741 4,498 5,239
Additions - 1,449 1,449
As at 31 March 2024 741 5,947 6,688
Depreciation
As at 1 April 2023 598 2,367 2,965
Provided during the period 36 895 931
As at 31 March 2024 634 3,262 3,896
Net Book Value
As at 31 March 2024 107 2,685 2,792
As at 1 April 2023 143 2,131 2,274
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
Page 5
Page 6
Cost or valuation as at 31 March 2024 represented by:
Fixtures & Fittings Computer Equipment Total
£ £ £
At cost 741 5,947 6,688
741 5,947 6,688
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 24,956 42,516
Director's loan account 14,184 -
39,140 42,516
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 61,265 20,670
Corporation tax 10,883 5,875
Other taxes and social security 530 378
Other creditors 5,515 12,000
Accruals and deferred income 1,080 530
Director's loan account - 35,766
79,273 75,219
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 35,333 40,741
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 6
Page 7
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2023 Amounts advanced Amounts repaid Amounts written off As at 31 March 2024
£ £ £ £ £
Mr Rana Khan - 14,184 14,184 - -
The above loan is unsecured, interest free and repayable on demand.
10. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 28,000 28,000
Page 7