Acorah Software Products - Accounts Production 15.0.600 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 13885322 Mr Mohammed Iftekhar Ahmed iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13885322 2023-02-28 13885322 2024-02-28 13885322 2023-03-01 2024-02-28 13885322 frs-core:ComputerEquipment 2023-03-01 2024-02-28 13885322 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-01 2024-02-28 13885322 frs-core:ShareCapital 2024-02-28 13885322 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 13885322 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 13885322 frs-bus:AbridgedAccounts 2023-03-01 2024-02-28 13885322 frs-bus:SmallEntities 2023-03-01 2024-02-28 13885322 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 13885322 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 13885322 frs-bus:Director1 2023-03-01 2024-02-28 13885322 frs-countries:EnglandWales 2023-03-01 2024-02-28 13885322 2022-02-28 13885322 2023-02-28 13885322 2022-03-01 2023-02-28 13885322 frs-core:ShareCapital 2023-02-28 13885322 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 13885322
Ziad Properties Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 28 February 2024
CBS Accountants Ltd
Chartered Accountants
Unit 17, Orbital 25 Business Park
Dwight Road
Watford
Hertfordshire
WD18 9DA
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 13885322
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 777,385 776,838
777,385 776,838
CURRENT ASSETS
Cash at bank and in hand 3,828 4,050
3,828 4,050
Creditors: Amounts Falling Due Within One Year (791,117 ) (792,739 )
NET CURRENT ASSETS (LIABILITIES) (787,289 ) (788,689 )
TOTAL ASSETS LESS CURRENT LIABILITIES (9,904 ) (11,851 )
NET LIABILITIES (9,904 ) (11,851 )
CAPITAL AND RESERVES
Called up share capital 5 2 2
Profit and Loss Account (9,906 ) (11,853 )
SHAREHOLDERS' FUNDS (9,904) (11,851)
Page 1
Page 2
For the year ending 28 February 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 28 February 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Mohammed Iftekhar Ahmed
Director
05/09/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Ziad Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13885322 . The registered office is 27 Nevin Drive, London, E4 7LL.
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:
Freehold 0%
Computer Equipment 25%
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Total
£
Cost
As at 1 March 2023 777,325
Additions 1,217
As at 28 February 2024 778,542
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 March 2023 487
Provided during the period 670
As at 28 February 2024 1,157
Net Book Value
As at 28 February 2024 777,385
As at 1 March 2023 776,838
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4