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 09257346 Surita Photay iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09257346 2023-03-31 09257346 2024-03-31 09257346 2023-04-01 2024-03-31 09257346 frs-core:CurrentFinancialInstruments 2024-03-31 09257346 frs-core:Non-currentFinancialInstruments 2024-03-31 09257346 frs-core:PlantMachinery 2024-03-31 09257346 frs-core:PlantMachinery 2023-04-01 2024-03-31 09257346 frs-core:PlantMachinery 2023-03-31 09257346 frs-core:ShareCapital 2024-03-31 09257346 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09257346 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09257346 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 09257346 frs-bus:SmallEntities 2023-04-01 2024-03-31 09257346 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09257346 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09257346 frs-bus:Director1 2023-04-01 2024-03-31 09257346 frs-countries:EnglandWales 2023-04-01 2024-03-31 09257346 2022-03-31 09257346 2023-03-31 09257346 2022-04-01 2023-03-31 09257346 frs-core:CurrentFinancialInstruments 2023-03-31 09257346 frs-core:Non-currentFinancialInstruments 2023-03-31 09257346 frs-core:ShareCapital 2023-03-31 09257346 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 09257346
Surita Photay Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Nijjer Accountants Ltd
Chartered Accountants
5-7 Station Road
Longfield
Kent
DA3 7QD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09257346
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 577 679
577 679
CURRENT ASSETS
Cash at bank and in hand 493,210 433,559
493,210 433,559
Creditors: Amounts Falling Due Within One Year 5 (841 ) 930
NET CURRENT ASSETS (LIABILITIES) 492,369 434,489
TOTAL ASSETS LESS CURRENT LIABILITIES 492,946 435,168
Creditors: Amounts Falling Due After More Than One Year 6 (11,254 ) (20,900 )
NET ASSETS 481,692 414,268
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 481,592 414,168
SHAREHOLDERS' FUNDS 481,692 414,268
Page 1
Page 2
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 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
Surita Photay
Director
18 June 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
Surita Photay Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09257346 . The registered office is 5-7 Station Road, Longfield, Kent, DA3 7QD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
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:
Plant & Machinery 15% Reducing Balance Method
2.4. Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2.5. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.6. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.7. Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligationat the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
Page 3
Page 4
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2023 1,800
As at 31 March 2024 1,800
Depreciation
As at 1 April 2023 1,121
Provided during the period 102
As at 31 March 2024 1,223
Net Book Value
As at 31 March 2024 577
As at 1 April 2023 679
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 9,646 9,646
Other creditors (28,409) (22,709)
Taxation and social security 19,604 12,133
841 (930 )
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 11,254 20,900
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4