Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 09649564 Mr Joel Wider iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09649564 2023-06-30 09649564 2024-06-30 09649564 2023-07-01 2024-06-30 09649564 frs-core:CurrentFinancialInstruments 2024-06-30 09649564 frs-core:Non-currentFinancialInstruments 2024-06-30 09649564 frs-core:ShareCapital 2024-06-30 09649564 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 09649564 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09649564 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 09649564 frs-bus:SmallEntities 2023-07-01 2024-06-30 09649564 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09649564 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09649564 frs-bus:Director1 2023-07-01 2024-06-30 09649564 frs-countries:EnglandWales 2023-07-01 2024-06-30 09649564 2022-06-30 09649564 2023-06-30 09649564 2022-07-01 2023-06-30 09649564 frs-core:CurrentFinancialInstruments 2023-06-30 09649564 frs-core:Non-currentFinancialInstruments 2023-06-30 09649564 frs-core:ShareCapital 2023-06-30 09649564 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 09649564
Zevulen Investment Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09649564
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 354,686 328,992
354,686 328,992
CURRENT ASSETS
Debtors 5 28,753 51,085
Cash at bank and in hand 1,288 5,987
30,041 57,072
Creditors: Amounts Falling Due Within One Year 6 (65,098 ) (146,433 )
NET CURRENT ASSETS (LIABILITIES) (35,057 ) (89,361 )
TOTAL ASSETS LESS CURRENT LIABILITIES 319,629 239,631
Creditors: Amounts Falling Due After More Than One Year 7 (256,843 ) (179,758 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (13,277 ) (13,277 )
NET ASSETS 49,509 46,596
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 49,508 46,595
SHAREHOLDERS' FUNDS 49,509 46,596
Page 1
Page 2
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 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
Mr Joel Wider
Director
26/03/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Zevulen Investment Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09649564 . The registered office is Unit 9 Ravensdale Industrial Estate, Timberwharf Road, London, N16 6DB.
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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investment Property
2024
£
Fair Value
As at 1 July 2023 328,992
Additions 25,694
As at 30 June 2024 354,686
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 68 -
Other debtors 28,685 51,085
28,753 51,085
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 153 153
Other creditors 64,945 146,280
65,098 146,433
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 256,843 179,758
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4