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 SC689037 Mrs Shamly Sud iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC689037 2023-03-31 SC689037 2024-03-31 SC689037 2023-04-01 2024-03-31 SC689037 frs-core:Non-currentFinancialInstruments 2024-03-31 SC689037 frs-core:ShareCapital 2024-03-31 SC689037 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC689037 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC689037 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 SC689037 frs-bus:SmallEntities 2023-04-01 2024-03-31 SC689037 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC689037 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 SC689037 frs-bus:Director1 2023-04-01 2024-03-31 SC689037 frs-countries:Scotland 2023-04-01 2024-03-31 SC689037 2022-03-31 SC689037 2023-03-31 SC689037 2022-04-01 2023-03-31 SC689037 frs-core:Non-currentFinancialInstruments 2023-03-31 SC689037 frs-core:ShareCapital 2023-03-31 SC689037 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: SC689037
Tiana Holdings Ltd
Financial Statements
For The Year Ended 31 March 2024
Khokhar McAdam Ltd
Chartered Accountants
1 Eagle Street
Glasgow
G4 9XA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC689037
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 617,250 617,250
617,250 617,250
CURRENT ASSETS
Cash at bank and in hand 9,993 -
9,993 -
Creditors: Amounts Falling Due Within One Year 5 (298,674 ) (290,147 )
NET CURRENT ASSETS (LIABILITIES) (288,681 ) (290,147 )
TOTAL ASSETS LESS CURRENT LIABILITIES 328,569 327,103
Creditors: Amounts Falling Due After More Than One Year 6 (328,940 ) (328,940 )
NET LIABILITIES (371 ) (1,837 )
CAPITAL AND RESERVES
Called up share capital 7 2 1
Profit and Loss Account (373 ) (1,838 )
SHAREHOLDERS' FUNDS (371) (1,837)
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
Mrs Shamly Sud
Director
23 October 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
Tiana Holdings Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC689037 . The registered office is St James Church, 30 Underwood Road, Paisley, PA3 1TL.
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. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investment Property
2024
£
Fair Value
As at 1 April 2023 and 31 March 2024 617,250
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 298,674 290,147
Page 3
Page 4
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 328,940 328,940
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 1
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