Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 10552586 Mr Narendra Vekaria iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10552586 2023-01-31 10552586 2024-01-31 10552586 2023-02-01 2024-01-31 10552586 frs-core:CurrentFinancialInstruments 2024-01-31 10552586 frs-core:Non-currentFinancialInstruments 2024-01-31 10552586 frs-core:ComputerEquipment 2024-01-31 10552586 frs-core:ComputerEquipment 2023-02-01 2024-01-31 10552586 frs-core:ComputerEquipment 2023-01-31 10552586 frs-core:MotorVehicles 2024-01-31 10552586 frs-core:MotorVehicles 2023-02-01 2024-01-31 10552586 frs-core:MotorVehicles 2023-01-31 10552586 frs-core:ShareCapital 2024-01-31 10552586 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 10552586 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 10552586 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 10552586 frs-bus:SmallEntities 2023-02-01 2024-01-31 10552586 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 10552586 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 10552586 frs-bus:Director1 2023-02-01 2024-01-31 10552586 frs-bus:Director1 2023-01-31 10552586 frs-bus:Director1 2024-01-31 10552586 frs-countries:EnglandWales 2023-02-01 2024-01-31 10552586 2022-01-31 10552586 2023-01-31 10552586 2022-02-01 2023-01-31 10552586 frs-core:CurrentFinancialInstruments 2023-01-31 10552586 frs-core:Non-currentFinancialInstruments 2023-01-31 10552586 frs-core:MotorVehicles 2022-02-01 2023-01-31 10552586 frs-core:ShareCapital 2023-01-31 10552586 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 10552586
Suraxia Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10552586
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 43,774 3,099
43,774 3,099
CURRENT ASSETS
Debtors 5 813 32,830
Cash at bank and in hand 28,367 24,334
29,180 57,164
Creditors: Amounts Falling Due Within One Year 6 (18,196 ) (51,288 )
NET CURRENT ASSETS (LIABILITIES) 10,984 5,876
TOTAL ASSETS LESS CURRENT LIABILITIES 54,758 8,975
Creditors: Amounts Falling Due After More Than One Year 7 (37,888 ) -
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,995 ) (589 )
NET ASSETS 7,875 8,386
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 7,775 8,286
SHAREHOLDERS' FUNDS 7,875 8,386
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 Narendra Vekaria
Director
14/10/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Suraxia Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10552586 . The registered office is 1 Derwent Business Centre, Clarke Street, Derby, DE1 2BU.
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, excluding discounts, rebates, value added tax or other similar sales taxes.
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:
Motor Vehicles 25% Straight Line
Computer Equipment 25% Straight Line
2.4. Leasing and Hire Purchase Contracts
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets. Depreciation is over the shorter of the lease term and their estimated useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to the future periods.
2.5. Deferred Tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
1 1
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 February 2023 53,990 15,956 69,946
Additions 55,010 1,015 56,025
Disposals (53,990 ) - (53,990 )
As at 31 January 2024 55,010 16,971 71,981
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 February 2023 53,990 12,857 66,847
Provided during the period 13,753 1,597 15,350
Disposals (53,990 ) - (53,990 )
As at 31 January 2024 13,753 14,454 28,207
Net Book Value
As at 31 January 2024 41,257 2,517 43,774
As at 1 February 2023 - 3,099 3,099
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2024 2023
£ £
Motor Vehicles 41,257 -
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 713 22,731
Other debtors 100 100
Director's loan account - 9,999
813 32,830
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 4,802 28,219
Corporation tax 2,334 10,334
Other taxes and social security 124 119
VAT 9,998 10,186
Other creditors 938 2,430
18,196 51,288
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 37,888 -
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4
Page 5
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2023 Amounts advanced Amounts repaid Amounts written off As at 31 January 2024
£ £ £ £ £
Mr Narendra Vekaria 9,999 - 9,999 - -
The above loan was unsecured, interest free and repayable on demand.
Page 5