Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 19 April 2022 false 1 May 2023 30 April 2024 30 April 2024 14052562 Ms Sohaila Alimahomed Mrs Aquila Khan Mrs Jamila Yousuf iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14052562 2023-04-30 14052562 2024-04-30 14052562 2023-05-01 2024-04-30 14052562 frs-core:CurrentFinancialInstruments 2024-04-30 14052562 frs-core:InvestmentPropertyIncludedWithinPPE 2024-04-30 14052562 frs-core:InvestmentPropertyIncludedWithinPPE 2023-05-01 2024-04-30 14052562 frs-core:InvestmentPropertyIncludedWithinPPE 2023-04-30 14052562 frs-core:ShareCapital 2024-04-30 14052562 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 14052562 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 14052562 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 14052562 frs-bus:SmallEntities 2023-05-01 2024-04-30 14052562 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 14052562 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 14052562 frs-bus:Director1 2023-05-01 2024-04-30 14052562 frs-bus:Director2 2023-05-01 2024-04-30 14052562 frs-bus:Director3 2023-05-01 2024-04-30 14052562 frs-countries:EnglandWales 2023-05-01 2024-04-30 14052562 2022-04-18 14052562 2023-04-30 14052562 2022-04-19 2023-04-30 14052562 frs-core:CurrentFinancialInstruments 2023-04-30 14052562 frs-core:ShareCapital 2023-04-30 14052562 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 14052562
Canvas AK Unlimited
Financial Statements
For The Year Ended 30 April 2024
Outsourced ACC Ltd
High Street Centre, 137-139 High Street
Beckenham
Kent
BR3 1AG
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14052562
30 April 2024 30 April 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 3 540,585 1,100,000
540,585 1,100,000
CURRENT ASSETS
Debtors 4 582 356
Cash at bank and in hand 685,811 57,653
686,393 58,009
Creditors: Amounts Falling Due Within One Year 5 (20,325 ) (1,144,653 )
NET CURRENT ASSETS (LIABILITIES) 666,068 (1,086,644 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,206,653 13,356
NET ASSETS 1,206,653 13,356
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account 1,206,652 13,355
SHAREHOLDERS' FUNDS 1,206,653 13,356
Page 1
Page 2
For the year ending 30 April 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
Mrs Aquila Khan
Director
24th December 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.
1.3. 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.
1.4. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
2. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
3. Investment Properties
Investment Properties
£
Cost
As at 1 May 2023 1,100,000
Additions 40,585
Disposals (600,000 )
As at 30 April 2024 540,585
Net Book Value
As at 30 April 2024 540,585
As at 1 May 2023 1,100,000
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4. Debtors
30 April 2024 30 April 2023
£ £
Due within one year
Other debtors 582 356
582 356
5. Creditors: Amounts Falling Due Within One Year
30 April 2024 30 April 2023
£ £
Other creditors 1,740 1,141,520
Taxation and social security 18,585 3,133
20,325 1,144,653
6. Share Capital
30 April 2024 30 April 2023
£ £
Allotted, Called up and fully paid 1 1
7. General Information
Canvas AK Unlimited is a private company, limited by shares, incorporated in England & Wales, registered number 14052562 . The registered office is 115 Churchfield Road, London, W3 6AH.
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