Acorah Software Products - Accounts Production 16.0.110 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 09384664 Mr A D Samuels Mr B M Samuels iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09384664 2023-01-31 09384664 2024-01-31 09384664 2023-02-01 2024-01-31 09384664 frs-core:CurrentFinancialInstruments 2024-01-31 09384664 frs-core:ShareCapital 2024-01-31 09384664 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 09384664 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09384664 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 09384664 frs-bus:SmallEntities 2023-02-01 2024-01-31 09384664 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 09384664 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 09384664 frs-bus:Director1 2023-02-01 2024-01-31 09384664 frs-bus:Director2 2023-02-01 2024-01-31 09384664 frs-core:CurrentFinancialInstruments 1 2024-01-31 09384664 frs-countries:EnglandWales 2023-02-01 2024-01-31 09384664 2022-01-31 09384664 2023-01-31 09384664 2022-02-01 2023-01-31 09384664 frs-core:CurrentFinancialInstruments 2023-01-31 09384664 frs-core:ShareCapital 2023-01-31 09384664 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 09384664 frs-core:CurrentFinancialInstruments 1 2023-01-31
Registered number: 09384664
Assam Finance Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Kalculus
Chartered Accountants, Registered Auditors & Business Advisors
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 09384664
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 1,828,976 2,192,780
Cash at bank and in hand 15,994 6,220
1,844,970 2,199,000
Creditors: Amounts Falling Due Within One Year 5 (1,837,597 ) (2,193,852 )
NET CURRENT ASSETS (LIABILITIES) 7,373 5,148
TOTAL ASSETS LESS CURRENT LIABILITIES 7,373 5,148
NET ASSETS 7,373 5,148
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account 7,372 5,147
SHAREHOLDERS' FUNDS 7,373 5,148
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 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 Profit and Loss Account.
On behalf of the board
Mr A D Samuels
Director
29 October 2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Assam Finance Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09384664 . The registered office is 314 Regents Park Road, Finchley, London, N3 2JX.
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 represents interest receivable on mortgage advances during the year.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,817,500 2,161,794
Prepayments and accrued income 11,476 30,986
1,828,976 2,192,780
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 2,026 1,169
Other borrowings 1,753,212 2,113,213
Accruals and deferred income 77,903 77,903
Amounts owed to group undertakings 4,456 1,567
1,837,597 2,193,852
The other borrowings are secured by way of fixed and floating charge on the company's assets. The floating charge covers all the property or undertaking of the company.

6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 2