Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 08022019 Doctor Sherif Wakil iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08022019 2023-04-30 08022019 2024-04-30 08022019 2023-05-01 2024-04-30 08022019 frs-core:CurrentFinancialInstruments 2024-04-30 08022019 frs-core:Non-currentFinancialInstruments 2024-04-30 08022019 frs-core:ComputerEquipment 2024-04-30 08022019 frs-core:ComputerEquipment 2023-05-01 2024-04-30 08022019 frs-core:ComputerEquipment 2023-04-30 08022019 frs-core:FurnitureFittings 2024-04-30 08022019 frs-core:FurnitureFittings 2023-05-01 2024-04-30 08022019 frs-core:FurnitureFittings 2023-04-30 08022019 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 08022019 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 08022019 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 08022019 frs-core:ShareCapital 2024-04-30 08022019 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08022019 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08022019 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 08022019 frs-bus:SmallEntities 2023-05-01 2024-04-30 08022019 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08022019 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08022019 frs-core:CostValuation 2023-04-30 08022019 frs-core:CostValuation 2024-04-30 08022019 frs-core:ProvisionsForImpairmentInvestments 2023-04-30 08022019 frs-core:ProvisionsForImpairmentInvestments 2024-04-30 08022019 frs-bus:Director1 2023-05-01 2024-04-30 08022019 frs-countries:EnglandWales 2023-05-01 2024-04-30 08022019 2022-04-30 08022019 2023-04-30 08022019 2022-05-01 2023-04-30 08022019 frs-core:CurrentFinancialInstruments 2023-04-30 08022019 frs-core:Non-currentFinancialInstruments 2023-04-30 08022019 frs-core:ShareCapital 2023-04-30 08022019 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 08022019
RAAM London Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
SFB Group Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08022019
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 471,699 473,178
Investments 5 532,721 532,721
1,004,420 1,005,899
CURRENT ASSETS
Debtors 6 1,465,198 1,015,569
Cash at bank and in hand 268,248 248,719
1,733,446 1,264,288
Creditors: Amounts Falling Due Within One Year 7 (806,366 ) (701,805 )
NET CURRENT ASSETS (LIABILITIES) 927,080 562,483
TOTAL ASSETS LESS CURRENT LIABILITIES 1,931,500 1,568,382
Creditors: Amounts Falling Due After More Than One Year 8 (321,744 ) (275,159 )
NET ASSETS 1,609,756 1,293,223
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 1,609,755 1,293,222
SHAREHOLDERS' FUNDS 1,609,756 1,293,223
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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
Doctor Sherif Wakil
Director
31/01/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
RAAM London Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08022019 . The registered office is Manor Court Chambers, Townsend Drive, Nuneaton, Warwickshire, CV11 6RU.
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, excluding discounts, rebates, value added tax and other sales 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 2% straight line
Fixtures & Fittings 10% reducing balance
Computer Equipment 25% on reducing balance
2.4. Leasing and Hire Purchase Contracts
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. 
2.5. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.6. Pensions
The company operates a defined pension contribution scheme.Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
2.7. Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2023: 9)
12 9
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Page 4
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2023 70,128 626,455 44,848 741,431
Additions - 41,963 6,404 48,367
As at 30 April 2024 70,128 668,418 51,252 789,798
Depreciation
As at 1 May 2023 2,777 234,733 30,743 268,253
Provided during the period 1,347 43,370 5,129 49,846
As at 30 April 2024 4,124 278,103 35,872 318,099
Net Book Value
As at 30 April 2024 66,004 390,315 15,380 471,699
As at 1 May 2023 67,351 391,722 14,105 473,178
5. Investments
Other
£
Cost
As at 1 May 2023 532,721
As at 30 April 2024 532,721
Provision
As at 1 May 2023 -
As at 30 April 2024 -
Net Book Value
As at 30 April 2024 532,721
As at 1 May 2023 532,721
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 1,446,710 997,081
Due after more than one year
Amounts owed by group undertakings 18,488 18,488
1,465,198 1,015,569
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 39,574 30,757
Bank loans and overdrafts 61,850 116,214
Other loans 116,214 30,478
Other creditors 458,173 486,215
Taxation and social security 130,555 38,141
806,366 701,805
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 167,795 275,159
Other loans 153,949 -
321,744 275,159
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 5