Acorah Software Products - Accounts Production 16.1.300 false true 31 October 2023 1 February 2023 false 1 November 2023 31 October 2024 31 October 2024 13138805 Mrs Tasneem Shiraz Ismail Nathani Mr Shiraz Ismail Nathani iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13138805 2023-10-31 13138805 2024-10-31 13138805 2023-11-01 2024-10-31 13138805 frs-core:CurrentFinancialInstruments 2024-10-31 13138805 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 13138805 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 13138805 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-31 13138805 frs-core:SharePremium 2024-10-31 13138805 frs-core:ShareCapital 2024-10-31 13138805 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 13138805 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 13138805 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 13138805 frs-bus:SmallEntities 2023-11-01 2024-10-31 13138805 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 13138805 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 13138805 frs-core:UnlistedNon-exchangeTraded 2024-10-31 13138805 frs-core:UnlistedNon-exchangeTraded 2023-10-31 13138805 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-10-31 13138805 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-10-31 13138805 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-10-31 13138805 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-10-31 13138805 frs-bus:Director1 2023-11-01 2024-10-31 13138805 frs-bus:Director2 2023-11-01 2024-10-31 13138805 frs-countries:EnglandWales 2023-11-01 2024-10-31 13138805 2023-01-31 13138805 2023-10-31 13138805 2023-02-01 2023-10-31 13138805 frs-core:CurrentFinancialInstruments 2023-10-31 13138805 frs-core:SharePremium 2023-10-31 13138805 frs-core:ShareCapital 2023-10-31 13138805 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 13138805
Euronat Holdings Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Smith Hannah Limited
Chartered Certified Accountants
50 Woodgate
Leicester
LE3 5GF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13138805
31 October 2024 31 October 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,200,000 -
Investments 5 25,751 25,751
1,225,751 25,751
CURRENT ASSETS
Debtors 6 434,970 420,589
Cash at bank and in hand 9,396 -
444,366 420,589
Creditors: Amounts Falling Due Within One Year 7 (26,598 ) (122,469 )
NET CURRENT ASSETS (LIABILITIES) 417,768 298,120
TOTAL ASSETS LESS CURRENT LIABILITIES 1,643,519 323,871
NET ASSETS 1,643,519 323,871
CAPITAL AND RESERVES
Called up share capital 10,297 10,297
Share premium account 15,703 15,703
Profit and Loss Account 1,617,519 297,871
SHAREHOLDERS' FUNDS 1,643,519 323,871
Page 1
Page 2
For the year ending 31 October 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
Mr Shiraz Ismail Nathani
Director
25th February 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
Euronat Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13138805 . The registered office is 50 Woodgate, Leicester, LE3 5GF.
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. 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 No depreciation
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
2.4. Group accounts
The financial statements present information about the company as an individual undertaking and not about the group. The company and its subsidiary undertakings comprise of a small group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 November 2023 -
Additions 1,200,000
As at 31 October 2024 1,200,000
Net Book Value
As at 31 October 2024 1,200,000
As at 1 November 2023 -
5. Investments
Unlisted
£
Cost
As at 1 November 2023 25,751
As at 31 October 2024 25,751
Provision
As at 1 November 2023 -
As at 31 October 2024 -
Net Book Value
As at 31 October 2024 25,751
As at 1 November 2023 25,751
Investments comprise of:
100% of the issued share capital of Shiraz Holdings Limited, a company registered in England & Wales.
100% of the issued share capital of Simple Self Storage Limited, a company registered in England & Wales.
75% of the issued share capital of Euronat International Limited, a company registered in England & Wales.
Page 4
Page 5
6. Debtors
31 October 2024 31 October 2023
£ £
Due within one year
Amounts owed by group undertakings 434,970 420,589
7. Creditors: Amounts Falling Due Within One Year
31 October 2024 31 October 2023
£ £
Other creditors 798 26,802
Amounts owed to group undertakings 25,800 95,667
26,598 122,469
Page 5