Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 13306152 Ms Dina Oktaviani Dina Oktaviani true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13306152 2023-03-31 13306152 2024-03-31 13306152 2023-04-01 2024-03-31 13306152 frs-core:CurrentFinancialInstruments 2024-03-31 13306152 frs-core:Non-currentFinancialInstruments 2024-03-31 13306152 frs-core:FurnitureFittings 2024-03-31 13306152 frs-core:FurnitureFittings 2023-04-01 2024-03-31 13306152 frs-core:FurnitureFittings 2023-03-31 13306152 frs-core:PlantMachinery 2024-03-31 13306152 frs-core:PlantMachinery 2023-04-01 2024-03-31 13306152 frs-core:PlantMachinery 2023-03-31 13306152 frs-core:ShareCapital 2024-03-31 13306152 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 13306152 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13306152 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 13306152 frs-bus:SmallEntities 2023-04-01 2024-03-31 13306152 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13306152 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 13306152 1 2023-04-01 2024-03-31 13306152 frs-bus:Director1 2023-04-01 2024-03-31 13306152 frs-countries:EnglandWales 2023-04-01 2024-03-31 13306152 2022-03-31 13306152 2023-03-31 13306152 2022-04-01 2023-03-31 13306152 frs-core:CurrentFinancialInstruments 2023-03-31 13306152 frs-core:Non-currentFinancialInstruments 2023-03-31 13306152 frs-core:ShareCapital 2023-03-31 13306152 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 13306152
IBUDINA Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Calculated Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13306152
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,516 2,162
Investment Properties 5 249,567 249,567
251,083 251,729
CURRENT ASSETS
Debtors 6 3,798 980
Investments 7 - 24,792
Cash at bank and in hand 40,387 37,120
44,185 62,892
Creditors: Amounts Falling Due Within One Year 8 (4,498 ) (1,402 )
NET CURRENT ASSETS (LIABILITIES) 39,687 61,490
TOTAL ASSETS LESS CURRENT LIABILITIES 290,770 313,219
Creditors: Amounts Falling Due After More Than One Year 9 (333,857 ) (334,739 )
NET LIABILITIES (43,087 ) (21,520 )
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account (43,187 ) (21,620 )
SHAREHOLDERS' FUNDS (43,087) (21,520)
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Ms Dina Oktaviani
Director
11/11/2024
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
IBUDINA Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13306152 . The registered office is Flat 13 Larkspur Court, 2 Hawthorn Road, Wallington, SM6 0SX.
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:
Plant & Machinery Straight-line depreciation, 5 years
Fixtures & Fittings Straight-line depreciation, 5 years
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2023 379 2,846 3,225
As at 31 March 2024 379 2,846 3,225
Depreciation
As at 1 April 2023 120 943 1,063
Provided during the period 77 569 646
As at 31 March 2024 197 1,512 1,709
Net Book Value
As at 31 March 2024 182 1,334 1,516
As at 1 April 2023 259 1,903 2,162
Page 3
Page 4
5. Investment Property
2024
£
Fair Value
As at 1 April 2023 and 31 March 2024 249,567
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 1,050 980
Other debtors 2,748 -
3,798 980
7. Current Asset Investments
2024 2023
£ £
Short term deposits - 24,792
- 24,792
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 4,498 1,402
4,498 1,402
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 180,211 180,212
Directors loan account 153,646 154,527
333,857 334,739
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
11. Related Party Transactions
The director has provided the company with a loan. The balance at the year end was £153,646 (2023 £154,527).  This loan is unsecured, interest free and has no fixed repayment terms.
12. Ultimate Controlling Party
The company's ultimate controlling party is Dina Oktaviani by virtue of her ownership of 100% of the issued share capital in the company.
Page 4