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 09412632 Mr Jaydeep Patel true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09412632 2023-01-31 09412632 2024-01-31 09412632 2023-02-01 2024-01-31 09412632 frs-core:Non-currentFinancialInstruments 2024-01-31 09412632 frs-core:ShareCapital 2024-01-31 09412632 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 09412632 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09412632 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 09412632 frs-bus:SmallEntities 2023-02-01 2024-01-31 09412632 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 09412632 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 09412632 frs-bus:OrdinaryShareClass1 2023-02-01 2024-01-31 09412632 frs-bus:OrdinaryShareClass1 2024-01-31 09412632 1 2023-02-01 2024-01-31 09412632 frs-bus:Director1 2023-02-01 2024-01-31 09412632 frs-countries:EnglandWales 2023-02-01 2024-01-31 09412632 2022-01-31 09412632 2023-01-31 09412632 2022-02-01 2023-01-31 09412632 frs-core:Non-currentFinancialInstruments 2023-01-31 09412632 frs-core:ShareCapital 2023-01-31 09412632 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 09412632 frs-bus:OrdinaryShareClass1 2022-02-01 2023-01-31
Registered number: 09412632
SWAD LIMITED
Unaudited Financial Statements
For The Year Ended 31 January 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 09412632
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 50,000 -
50,000 -
CURRENT ASSETS
Debtors 191,619 137,939
Cash at bank and in hand 483 59,314
192,102 197,253
Creditors: Amounts Falling Due Within One Year (50,636 ) (33,098 )
NET CURRENT ASSETS (LIABILITIES) 141,466 164,155
TOTAL ASSETS LESS CURRENT LIABILITIES 191,466 164,155
Creditors: Amounts Falling Due After More Than One Year (18,835 ) (21,658 )
NET ASSETS 172,631 142,497
CAPITAL AND RESERVES
Called up share capital 3 1 1
Profit and Loss Account 172,630 142,496
SHAREHOLDERS' FUNDS 172,631 142,497
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 Jaydeep Patel
Director
19th September 2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax.
1.3. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 1)
3 1
3. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Value Number 2024 2023
Allotted, called up and fully paid £ £ £
Ordinary Shares 1.00 1 1 1
4. Ultimate Controlling Party
The company's ultimate controlling party is Mr Jaydeep Patel by virtue of his ownership of 100% of the issued share capital in the company.
5. General Information
SWAD LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 09412632 . The registered office is 850 London Road, Thornton Heath, Surrey, CR7 7PA.
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