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 03124351 Mrs Mamta Sachdev Mr Rajiv Sachdev Dr Ankush Sachdev Dr Akriti Kalsi Mrs Mamta Sachdev iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03124351 2023-03-31 03124351 2024-03-31 03124351 2023-04-01 2024-03-31 03124351 frs-core:CurrentFinancialInstruments 2024-03-31 03124351 frs-core:FurnitureFittings 2023-04-01 2024-03-31 03124351 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 03124351 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 03124351 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-31 03124351 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 03124351 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 03124351 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 03124351 frs-core:PlantMachinery 2024-03-31 03124351 frs-core:PlantMachinery 2023-04-01 2024-03-31 03124351 frs-core:PlantMachinery 2023-03-31 03124351 frs-core:ShareCapital 2024-03-31 03124351 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 03124351 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03124351 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 03124351 frs-bus:SmallEntities 2023-04-01 2024-03-31 03124351 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 03124351 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 03124351 frs-bus:Director1 2023-04-01 2024-03-31 03124351 frs-bus:Director2 2023-04-01 2024-03-31 03124351 frs-bus:Director3 2023-04-01 2024-03-31 03124351 frs-bus:Director4 2023-04-01 2024-03-31 03124351 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 03124351 frs-countries:EnglandWales 2023-04-01 2024-03-31 03124351 2022-03-31 03124351 2023-03-31 03124351 2022-04-01 2023-03-31 03124351 frs-core:CurrentFinancialInstruments 2023-03-31 03124351 frs-core:ShareCapital 2023-03-31 03124351 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 03124351
Sachdevs Properties Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Sachdevs
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 03124351
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,382,300 1,386,157
1,382,300 1,386,157
CURRENT ASSETS
Debtors 5 148,990 73,009
Cash at bank and in hand 57,453 25,868
206,443 98,877
Creditors: Amounts Falling Due Within One Year 6 (227,936 ) (192,202 )
NET CURRENT ASSETS (LIABILITIES) (21,493 ) (93,325 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,360,807 1,292,832
NET ASSETS 1,360,807 1,292,832
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 1,360,707 1,292,732
SHAREHOLDERS' FUNDS 1,360,807 1,292,832
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 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 Rajiv Sachdev
Director
14/11/2024
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
Sachdevs Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03124351 . The registered office is 2 Grosvenor House, Grosvenor Road, Coventry, CV1 3FZ.
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. 
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:
Freehold Not depreciated
Leasehold At varying amounts on cost
Plant & Machinery 20% reducing balance
Fixtures & Fittings 20% reducing balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Total
£ £ £ £
Cost
As at 1 April 2023 1,350,060 88,577 56,731 1,495,368
As at 31 March 2024 1,350,060 88,577 56,731 1,495,368
Depreciation
As at 1 April 2023 - 60,695 48,516 109,211
Provided during the period - 2,214 1,643 3,857
As at 31 March 2024 - 62,909 50,159 113,068
Net Book Value
As at 31 March 2024 1,350,060 25,668 6,572 1,382,300
As at 1 April 2023 1,350,060 27,882 8,215 1,386,157
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 47,990 73,009
Amounts owed by participating interests 101,000 -
148,990 73,009
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,769 61
Other creditors 186,814 156,955
Taxation and social security 39,353 35,186
227,936 192,202
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4