Acorah Software Products - Accounts Production 16.0.110 false true 27 February 2023 28 February 2022 true No description of principal activity 28 February 2023 27 February 2024 27 February 2024 7543932 Mr NARESH BHUNDIA iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 7543932 2023-02-27 7543932 2024-02-27 7543932 2023-02-28 2024-02-27 7543932 frs-core:CurrentFinancialInstruments 2024-02-27 7543932 frs-core:Non-currentFinancialInstruments 2024-02-27 7543932 frs-core:PlantMachinery 2024-02-27 7543932 frs-core:PlantMachinery 2023-02-28 2024-02-27 7543932 frs-core:PlantMachinery 2023-02-27 7543932 frs-core:ShareCapital 2024-02-27 7543932 frs-core:RetainedEarningsAccumulatedLosses 2024-02-27 7543932 frs-bus:PrivateLimitedCompanyLtd 2023-02-28 2024-02-27 7543932 frs-bus:FullAccounts 2023-02-28 2024-02-27 7543932 frs-bus:SmallEntities 2023-02-28 2024-02-27 7543932 frs-bus:AuditExemptWithAccountantsReport 2023-02-28 2024-02-27 7543932 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-28 2024-02-27 7543932 frs-bus:SmallCompaniesRegimeForDirectorsReport 2023-02-28 2024-02-27 7543932 frs-core:ListedExchangeTraded 2024-02-27 7543932 frs-core:ListedExchangeTraded 2023-02-27 7543932 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-02-27 7543932 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-02-27 7543932 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-02-27 7543932 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-02-27 7543932 frs-bus:Director1 2023-02-28 2024-02-27 7543932 frs-countries:EnglandWales 2023-02-28 2024-02-27 7543932 2022-02-27 7543932 2023-02-27 7543932 2022-02-28 2023-02-27 7543932 frs-core:CurrentFinancialInstruments 2023-02-27 7543932 frs-core:Non-currentFinancialInstruments 2023-02-27 7543932 frs-core:ShareCapital 2023-02-27 7543932 frs-core:RetainedEarningsAccumulatedLosses 2023-02-27
Registered number: 7543932
VIKING MASTER DEVELOPERS LTD
Director's Report and
Unaudited Financial Statements
For The Year Ended 27 February 2024
PRS ACCOUNTANTS AND TAXATION SERVICES LTD
Contents
Page
Company Information 1
Director's Report 2
Accountant's Report 3
Profit and Loss Account 4
Balance Sheet 5—6
Notes to the Financial Statements 7—8
Page 1
Company Information
Director Mr NARESH BHUNDIA
Company Number 7543932
Registered Office 36 GLEBE ROAD
FINCHLEY
LONDON
N3 2AX
Accountants PRS ACCOUNTANTS AND TAXATION SERVICES LTD
36 GLEBE ROAD
FINCHLEY
LONDON
N3 2AX
Page 1
Page 2
Director's Report
The director presents his report and the financial statements for the year ended 27 February 2024.
Directors
The director who held office during the year were as follows:
Mr NARESH BHUNDIA
Statement of Director's Responsibilities
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the director is required to:
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Mr NARESH BHUNDIA
Director
07/10/2024
Page 2
Page 3
Accountant's Report
Report to the director on the preparation of the unaudited statutory accounts of VIKING MASTER DEVELOPERS LTD for the year ended 27 February 2024
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of VIKING MASTER DEVELOPERS LTD which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of VIKING MASTER DEVELOPERS LTD , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of VIKING MASTER DEVELOPERS LTD and state those matters that we have agreed to state to the director of VIKING MASTER DEVELOPERS LTD , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than VIKING MASTER DEVELOPERS LTD and its director as a body for our work or for this report.
It is your duty to ensure that VIKING MASTER DEVELOPERS LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of VIKING MASTER DEVELOPERS LTD . You consider that VIKING MASTER DEVELOPERS LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of VIKING MASTER DEVELOPERS LTD . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
PRS ACCOUNTANTS AND TAXATION SERVICES LTD
07/10/2024
PRS ACCOUNTANTS AND TAXATION SERVICES LTD
36 GLEBE ROAD
FINCHLEY
LONDON
N3 2AX
Page 3
Page 4
Profit and Loss Account
2024 2023
Notes £ £
The notes on pages 7 to 8 form part of these financial statements.
Page 4
Page 5
Balance Sheet
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 156,551 156,551
Investments 5 2,172 2,172
158,723 158,723
CURRENT ASSETS
Debtors 6 239,305 239,305
Cash at bank and in hand 2,119 2,119
241,424 241,424
Creditors: Amounts Falling Due Within One Year 7 (856,392 ) (856,392 )
NET CURRENT ASSETS (LIABILITIES) (614,968 ) (614,968 )
TOTAL ASSETS LESS CURRENT LIABILITIES (456,245 ) (456,245 )
Creditors: Amounts Falling Due After More Than One Year 8 (249,368 ) (249,368 )
NET LIABILITIES (705,613 ) (705,613 )
CAPITAL AND RESERVES
Called up share capital 9 5,000 5,000
Profit and Loss Account (710,613 ) (710,613 )
SHAREHOLDERS' FUNDS (705,613) (705,613)
Page 5
Page 6
For the year ending 27 February 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 in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Mr NARESH BHUNDIA
Director
07/10/2024
The notes on pages 7 to 8 form part of these financial statements.
Page 6
Page 7
Notes to the Financial Statements
1. General Information
VIKING MASTER DEVELOPERS LTD is a private company, limited by shares, incorporated in England & Wales, registered number 7543932 . The registered office is 36 GLEBE ROAD, FINCHLEY, LONDON, N3 2AX.
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. 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:
Plant & Machinery 0.00
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery
£
Cost
As at 28 February 2023 447,288
As at 27 February 2024 447,288
Depreciation
As at 28 February 2023 290,737
As at 27 February 2024 290,737
Net Book Value
As at 27 February 2024 156,551
As at 28 February 2023 156,551
5. Investments
Listed
£
Cost
As at 28 February 2023 2,172
As at 27 February 2024 2,172
Provision
As at 28 February 2023 -
As at 27 February 2024 -
Net Book Value
As at 27 February 2024 2,172
As at 28 February 2023 2,172
Page 7
Page 8
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 822 822
Other debtors 163,637 163,637
Amounts owed by associates 74,846 74,846
239,305 239,305
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 15,227 15,227
Other creditors 778,705 778,705
Accruals and deferred income 59,078 59,078
Amounts owed to associates 3,382 3,382
856,392 856,392
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 249,368 249,368
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 5,000 5,000
Page 8