Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 9977809 Mrs Iffat Khaliq Mr Afaq Khan Iffat Khaliq true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 9977809 2023-02-28 9977809 2024-02-28 9977809 2023-03-01 2024-02-28 9977809 frs-core:ComputerEquipment 2024-02-28 9977809 frs-core:ComputerEquipment 2023-03-01 2024-02-28 9977809 frs-core:ComputerEquipment 2023-02-28 9977809 frs-core:FurnitureFittings 2024-02-28 9977809 frs-core:FurnitureFittings 2023-03-01 2024-02-28 9977809 frs-core:FurnitureFittings 2023-02-28 9977809 frs-core:ShareCapital 2024-02-28 9977809 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 9977809 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 9977809 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 9977809 frs-bus:SmallEntities 2023-03-01 2024-02-28 9977809 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 9977809 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 9977809 1 2023-03-01 2024-02-28 9977809 frs-bus:Director1 2023-03-01 2024-02-28 9977809 frs-bus:CompanySecretary1 2023-03-01 2024-02-28 9977809 frs-countries:EnglandWales 2023-03-01 2024-02-28 9977809 2022-02-28 9977809 2023-02-28 9977809 2022-03-01 2023-02-28 9977809 frs-core:CurrentFinancialInstruments 2023-02-28 9977809 frs-core:ShareCapital 2023-02-28 9977809 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 9977809
Siratt Limited
Unaudited Financial Statements
For The Year Ended 28 February 2024
Ravenwood Business Solutions Limited
Sherbrook Enterprise
100 Sherbrook Road
Nottingham
NG5 6AB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 9977809
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 693
- 693
CURRENT ASSETS
Cash at bank and in hand - 1,015
- 1,015
Creditors: Amounts Falling Due Within One Year 6 - (250 )
NET CURRENT ASSETS (LIABILITIES) - 765
TOTAL ASSETS LESS CURRENT LIABILITIES - 1,458
NET ASSETS - 1,458
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (100 ) 1,358
SHAREHOLDERS' FUNDS - 1,458
Page 1
Page 2
For the year ending 28 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 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
Mrs Iffat Khaliq
Director
24 November 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
Siratt Limited is a private company, limited by shares, incorporated in England & Wales, registered number 9977809 . The registered office is 312 Loughborough Road, West Bridgford, Nottingham, NG2 7FB.
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 stated at cost less depreciation. 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 15% reducing balance
Computer Equipment 33% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 March 2023 1,340 1,650 2,990
Disposals (1,340 ) (1,650 ) (2,990 )
As at 28 February 2024 - - -
Depreciation
As at 1 March 2023 746 1,551 2,297
Disposals (746 ) (1,551 ) (2,297 )
As at 28 February 2024 - - -
Net Book Value
As at 28 February 2024 - - -
As at 1 March 2023 594 99 693
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income - 250
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Ultimate Controlling Party
The company's ultimate controlling party is Iffat Khaliq by virtue of her ownership of 100% of the issued share capital in the company.
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