Acorah Software Products - Accounts Production 16.1.300 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 07051873 Mrs Anna Triantis Dr Christos Triantis Mrs Anna Triantis Mr Adam Alexandros Janis Triantis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07051873 2023-10-31 07051873 2024-10-31 07051873 2023-11-01 2024-10-31 07051873 frs-core:CurrentFinancialInstruments 2024-10-31 07051873 frs-core:ComputerEquipment 2023-11-01 2024-10-31 07051873 frs-core:FurnitureFittings 2024-10-31 07051873 frs-core:FurnitureFittings 2023-11-01 2024-10-31 07051873 frs-core:FurnitureFittings 2023-10-31 07051873 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 07051873 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 07051873 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-31 07051873 frs-core:PlantMachinery 2024-10-31 07051873 frs-core:PlantMachinery 2023-11-01 2024-10-31 07051873 frs-core:PlantMachinery 2023-10-31 07051873 frs-core:ShareCapital 2024-10-31 07051873 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 07051873 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 07051873 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 07051873 frs-bus:SmallEntities 2023-11-01 2024-10-31 07051873 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 07051873 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 07051873 frs-core:UnlistedNon-exchangeTraded 2024-10-31 07051873 frs-core:UnlistedNon-exchangeTraded 2023-10-31 07051873 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-10-31 07051873 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2024-10-31 07051873 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-10-31 07051873 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-10-31 07051873 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-10-31 07051873 frs-bus:Director1 2023-11-01 2024-10-31 07051873 frs-bus:Director2 2023-11-01 2024-10-31 07051873 frs-bus:CompanySecretary1 2023-11-01 2024-10-31 07051873 frs-bus:CompanySecretary2 2023-11-01 2024-10-31 07051873 frs-countries:EnglandWales 2023-11-01 2024-10-31 07051873 2022-10-31 07051873 2023-10-31 07051873 2022-11-01 2023-10-31 07051873 frs-core:CurrentFinancialInstruments 2023-10-31 07051873 frs-core:ShareCapital 2023-10-31 07051873 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 07051873
Nuchem Consultants Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Adrem Accounting ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07051873
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 407,768 408,061
Investments 5 373,381 406,748
781,149 814,809
CURRENT ASSETS
Debtors 6 101 -
Cash at bank and in hand 1,745 1,612
1,846 1,612
Creditors: Amounts Falling Due Within One Year 7 (30,301 ) (49,761 )
NET CURRENT ASSETS (LIABILITIES) (28,455 ) (48,149 )
TOTAL ASSETS LESS CURRENT LIABILITIES 752,694 766,660
NET ASSETS 752,694 766,660
CAPITAL AND RESERVES
Called up share capital 8 1,800 1,800
Profit and Loss Account 750,894 764,860
SHAREHOLDERS' FUNDS 752,694 766,660
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
Dr Christos Triantis
Director
04/03/2025
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
Nuchem Consultants Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07051873 . The registered office is Wincham House, Greenfield Farm Industrial Estate, Congleton, Cheshire, CW12 4TR.
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:
Freehold Nil
Plant & Machinery 25% Straight Line
Fixtures & Fittings 20% Straight Line
Computer Equipment 33.33% Straight Line
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 November 2023 406,989 3,424 1,464 411,877
As at 31 October 2024 406,989 3,424 1,464 411,877
Depreciation
As at 1 November 2023 - 3,424 392 3,816
Provided during the period - - 293 293
As at 31 October 2024 - 3,424 685 4,109
Net Book Value
As at 31 October 2024 406,989 - 779 407,768
As at 1 November 2023 406,989 - 1,072 408,061
5. Investments
Unlisted
£
Cost
As at 1 November 2023 406,748
Disposals (33,367 )
As at 31 October 2024 373,381
Provision
As at 1 November 2023 -
As at 31 October 2024 -
Net Book Value
As at 31 October 2024 373,381
As at 1 November 2023 406,748
6. Debtors
2024 2023
£ £
Due within one year
VAT 101 -
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - (1 )
VAT - 620
Rent Deposit 911 911
Directors' loan accounts 29,390 48,231
30,301 49,761
Page 4
Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,800 1,800
Page 5