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 12435668 Dr V Sundaram Mrs N Sundaram iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12435668 2023-03-31 12435668 2024-03-31 12435668 2023-04-01 2024-03-31 12435668 frs-core:CurrentFinancialInstruments 2024-03-31 12435668 frs-core:OtherReservesSubtotal 2024-03-31 12435668 frs-core:ShareCapital 2024-03-31 12435668 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 12435668 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12435668 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 12435668 frs-bus:SmallEntities 2023-04-01 2024-03-31 12435668 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 12435668 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 12435668 frs-core:CostValuation 2023-03-31 12435668 frs-core:AdditionsToInvestments 2024-03-31 12435668 frs-core:RevaluationsIncreaseDecreaseInInvestments 2024-03-31 12435668 frs-core:CostValuation 2024-03-31 12435668 frs-core:ListedExchangeTraded 2024-03-31 12435668 frs-core:ListedExchangeTraded 2023-03-31 12435668 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-03-31 12435668 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2024-03-31 12435668 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2024-03-31 12435668 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-03-31 12435668 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-03-31 12435668 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-03-31 12435668 frs-core:UnlistedNon-exchangeTraded 2024-03-31 12435668 frs-core:UnlistedNon-exchangeTraded 2023-03-31 12435668 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-03-31 12435668 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 12435668 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 12435668 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 12435668 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-31 12435668 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 12435668 frs-bus:Director1 2023-04-01 2024-03-31 12435668 frs-bus:Director2 2023-04-01 2024-03-31 12435668 frs-core:CurrentFinancialInstruments 1 2024-03-31 12435668 frs-core:CurrentFinancialInstruments 2 2024-03-31 12435668 frs-countries:EnglandWales 2023-04-01 2024-03-31 12435668 2022-03-31 12435668 2023-03-31 12435668 2022-04-01 2023-03-31 12435668 frs-core:CurrentFinancialInstruments 2023-03-31 12435668 frs-core:OtherReservesSubtotal 2023-03-31 12435668 frs-core:ShareCapital 2023-03-31 12435668 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 12435668 frs-core:CurrentFinancialInstruments 1 2023-03-31 12435668 frs-core:CurrentFinancialInstruments 2 2023-03-31
Registered number: 12435668
Sundaram Holdings Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Goldwyns London LLP
Unaudited Financial Statements
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: 12435668
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 3 797,379 177,250
797,379 177,250
CURRENT ASSETS
Cash at bank and in hand 419,519 882,893
419,519 882,893
Creditors: Amounts Falling Due Within One Year 4 (16,454 ) (7,942 )
NET CURRENT ASSETS (LIABILITIES) 403,065 874,951
TOTAL ASSETS LESS CURRENT LIABILITIES 1,200,444 1,052,201
NET ASSETS 1,200,444 1,052,201
CAPITAL AND RESERVES
Called up share capital 5 100 100
Other reserves 2,029 (100 )
Income Statement 1,198,315 1,052,201
SHAREHOLDERS' FUNDS 1,200,444 1,052,201
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 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 Income Statement.
On behalf of the board
Dr V Sundaram
Director
26/09/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in UK sterling, which is the financial currency of the entity. Monetary amounts in these financial statements are rounded to the nearest UK pound.

The principle accounting policies adopted are set below.
1.2. Financial Instruments
The company only enters into basic financial transactions that result in the recoginition of financial assets and liabilities like trade and other debtors, creditors, loans from banks and other parties, loans to related parties and investments in non- puttable ordinary shares.
1.3. Fixed asset Investments
Investments in unlisted companies
Investments in unlisted companies such as interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.
Investments in listed companies
Investments in listed company shares are initially measured at cost and revalued under the revaluation model to their market value at each balance sheet date which we are confident will also equate to their fair value as at this date.
On revaluation, if the listed company share value has increased, the increase is recognised in other comprehensive income and accumulated in equity. However, this increase shall firtsly be recognised in profit or loss to the extent that it reverses a revaluation decrease of the same investment previously recognised in profit or loss. 
The decrease of listed company share value as a result of a revaluation shall be recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity, in respect of that investment. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that investment, the excess shall be recognised in profit or loss.
1.4. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.5. Critical Accounting Judgements And Key Sources of Estimation Uncertainty
In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.
The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the year in which the estimates are revised.
The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:
Accrued Expenditure
The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers. These provisions are estimated based upon the expected values of the invoices which are issued and services received following the year end.
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Page 3
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2024 2023
Office and administration 2 2
2 2
3. Investments
Listed Unlisted Total
£ £ £
Cost
As at 1 April 2023 177,150 100 177,250
Additions 618,000 - 618,000
Revaluations 2,129 - 2,129
As at 31 March 2024 797,279 100 797,379
Provision
As at 1 April 2023 - - -
As at 31 March 2024 - - -
Net Book Value
As at 31 March 2024 797,279 100 797,379
As at 1 April 2023 177,150 100 177,250
4. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 199 -
Amounts owed to parent undertakings 14,000 -
Shareholders' loan account 2,255 2,255
Accruals and deferred income - 5,687
16,454 7,942
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
The nominal value of each share is £1 and as at the year end there are 55 Ordinary A shares, 25 Ordinary B shares and 20 Ordinary C shares in issue.
6. Related Party Transactions
The amount owed by Venki Sundaram Limited, a fully owned subsidiary of the company, totalled £14,000 as at the year-end, which is a current asset, interest free and repayable on demand.
As at the year end, the company owed it's shareholders £2,255. This amount is a current liability, is interest free and repayable on demand.
7. General Information
Sundaram Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12435668 . The registered office is C/O Goldwyns London LLP, No.1 Royal Exchange, London, EC3V 3DG.
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