Acorah Software Products - Accounts Production 16.1.200 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 10248145 Dr. Farah Nasir iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10248145 2023-06-30 10248145 2024-06-30 10248145 2023-07-01 2024-06-30 10248145 frs-core:CurrentFinancialInstruments 2024-06-30 10248145 frs-core:ComputerEquipment 2024-06-30 10248145 frs-core:ComputerEquipment 2023-07-01 2024-06-30 10248145 frs-core:ComputerEquipment 2023-06-30 10248145 frs-core:ShareCapital 2024-06-30 10248145 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 10248145 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10248145 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 10248145 frs-bus:SmallEntities 2023-07-01 2024-06-30 10248145 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 10248145 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 10248145 frs-bus:Director1 2023-07-01 2024-06-30 10248145 frs-countries:EnglandWales 2023-07-01 2024-06-30 10248145 2022-06-30 10248145 2023-06-30 10248145 2022-07-01 2023-06-30 10248145 frs-core:CurrentFinancialInstruments 2023-06-30 10248145 frs-core:ShareCapital 2023-06-30 10248145 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 10248145
Farah J Nasir Ltd
Financial Statements
For The Year Ended 30 June 2024
JR Accounts
Chartered Certified Accountants
164-166 High Road
Ilford
Essex
IG1 1LL
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Company Information
Director Dr. Farah Nasir
Company Number 10248145
Registered Office 10 Highdown
Fleet
Hampshire
GU51 4PS
Accountants JR Accounts
Chartered Certified Accountants
164-166 High Road
Ilford
Essex
IG1 1LL
Page 1
Page 2
Balance Sheet
Registered number: 10248145
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 225 337
225 337
CURRENT ASSETS
Debtors 5 109 -
Cash at bank and in hand 35,146 46,868
35,255 46,868
Creditors: Amounts Falling Due Within One Year 6 (17,987 ) (25,759 )
NET CURRENT ASSETS (LIABILITIES) 17,268 21,109
TOTAL ASSETS LESS CURRENT LIABILITIES 17,493 21,446
NET ASSETS 17,493 21,446
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 17,393 21,346
SHAREHOLDERS' FUNDS 17,493 21,446
Page 2
Page 3
For the year ending 30 June 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
Dr. Farah Nasir
Director
6 January 2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Farah J Nasir Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10248145 . The registered office is 10 Highdown, Fleet, Hampshire, GU51 4PS.
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:
Computer Equipment 25% on straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 1)
2 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 July 2023 450
As at 30 June 2024 450
...CONTINUED
Page 4
Page 5
Depreciation
As at 1 July 2023 113
Provided during the period 112
As at 30 June 2024 225
Net Book Value
As at 30 June 2024 225
As at 1 July 2023 337
5. Debtors
2024 2023
£ £
Due within one year
VAT 109 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 14,786 12,462
Other taxes and social security 534 -
VAT - 4,019
Accruals and deferred income 2,432 1,290
Director's loan account 235 7,988
17,987 25,759
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 59,000 48,000
Page 5