Acorah Software Products - Accounts Production 14.6.300 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 12435891 Mr MOHAMED AMIN iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12435891 2023-01-31 12435891 2024-01-31 12435891 2023-02-01 2024-01-31 12435891 frs-core:CurrentFinancialInstruments 2024-01-31 12435891 frs-core:Non-currentFinancialInstruments 2024-01-31 12435891 frs-core:ComputerEquipment 2024-01-31 12435891 frs-core:ComputerEquipment 2023-02-01 2024-01-31 12435891 frs-core:ComputerEquipment 2023-01-31 12435891 frs-core:FurnitureFittings 2024-01-31 12435891 frs-core:FurnitureFittings 2023-02-01 2024-01-31 12435891 frs-core:FurnitureFittings 2023-01-31 12435891 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-31 12435891 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 12435891 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-31 12435891 frs-core:PlantMachinery 2024-01-31 12435891 frs-core:PlantMachinery 2023-02-01 2024-01-31 12435891 frs-core:PlantMachinery 2023-01-31 12435891 frs-core:ShareCapital 2024-01-31 12435891 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 12435891 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 12435891 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 12435891 frs-bus:SmallEntities 2023-02-01 2024-01-31 12435891 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 12435891 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 12435891 frs-bus:Director1 2023-02-01 2024-01-31 12435891 frs-core:Non-currentFinancialInstruments 2 2024-01-31 12435891 frs-countries:EnglandWales 2023-02-01 2024-01-31 12435891 2022-01-31 12435891 2023-01-31 12435891 2022-02-01 2023-01-31 12435891 frs-core:CurrentFinancialInstruments 2023-01-31 12435891 frs-core:Non-currentFinancialInstruments 2023-01-31 12435891 frs-core:ShareCapital 2023-01-31 12435891 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 12435891 frs-core:Non-currentFinancialInstruments 2 2023-01-31
Registered number: 12435891
SW INVEST LTD
Unaudited Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12435891
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 75,413 68,312
75,413 68,312
CURRENT ASSETS
Debtors 5 5,702 2
Cash at bank and in hand 78,810 43,691
84,512 43,693
Creditors: Amounts Falling Due Within One Year 6 (54,177 ) (58,731 )
NET CURRENT ASSETS (LIABILITIES) 30,335 (15,038 )
TOTAL ASSETS LESS CURRENT LIABILITIES 105,748 53,274
Creditors: Amounts Falling Due After More Than One Year 7 (99,751 ) (55,250 )
NET ASSETS/(LIABILITIES) 5,997 (1,976 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 5,996 (1,977 )
SHAREHOLDERS' FUNDS 5,997 (1,976)
Page 1
Page 2
For the year ending 31 January 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 MOHAMED AMIN
Director
17/10/2024
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
SW INVEST LTD is a private company, limited by shares, incorporated in England & Wales, registered number 12435891 . The registered office is 111 Deansway, London, N9 9TY.
2. Accounting Policies
2.1. 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.
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 services.
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 N/A
Plant & Machinery 25%
Fixtures & Fittings 25%
Computer Equipment 25%
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 3)
4 3
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 February 2023 59,538 5,338 7,780 - 72,656
Additions 65,000 1,251 2,148 1,700 70,099
Disposals (59,538 ) - - - (59,538 )
As at 31 January 2024 65,000 6,589 9,928 1,700 83,217
Depreciation
As at 1 February 2023 - 1,401 2,943 - 4,344
Provided during the period - 1,297 1,746 417 3,460
As at 31 January 2024 - 2,698 4,689 417 7,804
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 January 2024 65,000 3,891 5,239 1,283 75,413
As at 1 February 2023 59,538 3,937 4,837 - 68,312
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2 2
Other debtors 5,700 -
5,702 2
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 454 -
Other taxes and social security 134 -
Net wages - 500
Other creditors - 2,966
Director's loan account 53,589 55,265
54,177 58,731
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 14,306 16,750
Other creditors (2) 85,445 38,500
99,751 55,250
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4