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 13093457 Miss Mariam Fadahunsi iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13093457 2022-12-31 13093457 2023-12-31 13093457 2023-01-01 2023-12-31 13093457 frs-core:Non-currentFinancialInstruments 2023-12-31 13093457 frs-core:PlantMachinery 2023-12-31 13093457 frs-core:PlantMachinery 2023-01-01 2023-12-31 13093457 frs-core:PlantMachinery 2022-12-31 13093457 frs-core:SharePremium 2023-12-31 13093457 frs-core:ShareCapital 2023-12-31 13093457 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13093457 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13093457 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 13093457 frs-bus:SmallEntities 2023-01-01 2023-12-31 13093457 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13093457 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13093457 frs-bus:Director1 2023-01-01 2023-12-31 13093457 frs-countries:EnglandWales 2023-01-01 2023-12-31 13093457 2021-12-31 13093457 2022-12-31 13093457 2022-01-01 2022-12-31 13093457 frs-core:CurrentFinancialInstruments 2022-12-31 13093457 frs-core:Non-currentFinancialInstruments 2022-12-31 13093457 frs-core:SharePremium 2022-12-31 13093457 frs-core:ShareCapital 2022-12-31 13093457 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 13093457
Asani Brand Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Keystride Consulting
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13093457
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,529 2,039
1,529 2,039
CURRENT ASSETS
Stocks 5 5,500 1,745
Cash at bank and in hand 972 4,326
6,472 6,071
Creditors: Amounts Falling Due Within One Year 6 - (750 )
NET CURRENT ASSETS (LIABILITIES) 6,472 5,321
TOTAL ASSETS LESS CURRENT LIABILITIES 8,001 7,360
Creditors: Amounts Falling Due After More Than One Year 7 (6,200 ) (5,000 )
NET ASSETS 1,801 2,360
CAPITAL AND RESERVES
Called up share capital 8 1 1
Share premium account - 12,037
Profit and Loss Account 1,800 (9,678 )
SHAREHOLDERS' FUNDS 1,801 2,360
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Miss Mariam Fadahunsi
Director
22/09/2024
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
Asani Brand Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13093457 . The registered office is 10 Owers Road, Witham, Essex, CM8 1FR.
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:

Equipments 25% on a reducing balance basis
Plant & Machinery 3625
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 January 2023 3,625
As at 31 December 2023 3,625
Depreciation
As at 1 January 2023 1,586
Provided during the period 510
As at 31 December 2023 2,096
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 December 2023 1,529
As at 1 January 2023 2,039
5. Stocks
2023 2022
£ £
Finished goods 5,500 1,745
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors - 750
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other loans 6,200 5,000
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
Page 4