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 7139968 Mrs SASMITA SAHOO Mr Pravin Singh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 7139968 2023-01-31 7139968 2024-01-31 7139968 2023-02-01 2024-01-31 7139968 frs-core:CurrentFinancialInstruments 2024-01-31 7139968 frs-core:FurnitureFittings 2024-01-31 7139968 frs-core:FurnitureFittings 2023-02-01 2024-01-31 7139968 frs-core:FurnitureFittings 2023-01-31 7139968 frs-core:ShareCapital 2024-01-31 7139968 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 7139968 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 7139968 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 7139968 frs-bus:SmallEntities 2023-02-01 2024-01-31 7139968 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 7139968 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 7139968 frs-bus:Director1 2023-02-01 2024-01-31 7139968 frs-bus:Director2 2023-02-01 2024-01-31 7139968 frs-bus:Director2 2023-01-31 7139968 frs-bus:Director2 2024-01-31 7139968 frs-countries:EnglandWales 2023-02-01 2024-01-31 7139968 2022-01-31 7139968 2023-01-31 7139968 2022-02-01 2023-01-31 7139968 frs-core:CurrentFinancialInstruments 2023-01-31 7139968 frs-core:ShareCapital 2023-01-31 7139968 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 7139968
TECHNOSOFT LTD
Unaudited Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 7139968
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 16,547 16,547
Cash at bank and in hand 762 762
17,309 17,309
Creditors: Amounts Falling Due Within One Year 6 (21,694 ) (21,454 )
NET CURRENT ASSETS (LIABILITIES) (4,385 ) (4,145 )
TOTAL ASSETS LESS CURRENT LIABILITIES (4,385 ) (4,145 )
NET LIABILITIES (4,385 ) (4,145 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (4,485 ) (4,245 )
SHAREHOLDERS' FUNDS (4,385) (4,145)
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
Mrs SASMITA SAHOO
Director
10/06/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
TECHNOSOFT LTD is a private company, limited by shares, incorporated in England & Wales, registered number 7139968 . The registered office is 216 High Road, Romford, Essex, RM6 6LS.
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. 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:
Fixtures & Fittings Reducing
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: 1)
- 1
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 February 2023 2,746
As at 31 January 2024 2,746
Depreciation
As at 1 February 2023 2,746
As at 31 January 2024 2,746
Net Book Value
As at 31 January 2024 -
As at 1 February 2023 -
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 10,462 10,462
Directors' loan accounts 6,085 6,085
16,547 16,547
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 12,722 12,722
Other taxes and social security 4,300 4,300
VAT 3,582 3,582
Accruals and deferred income 1,090 850
21,694 21,454
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. 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 Pravin Singh 6,085 - - - 6,085
The above loan is unsecured, interest free and repayable on demand.
Page 3