Acorah Software Products - Accounts Production 16.2.800 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 10566243 Mr Gleb Etinzon iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10566243 2024-01-31 10566243 2025-01-31 10566243 2024-02-01 2025-01-31 10566243 frs-core:CurrentFinancialInstruments 2025-01-31 10566243 frs-core:ComputerEquipment 2025-01-31 10566243 frs-core:ComputerEquipment 2024-02-01 2025-01-31 10566243 frs-core:ComputerEquipment 2024-01-31 10566243 frs-core:FurnitureFittings 2025-01-31 10566243 frs-core:FurnitureFittings 2024-02-01 2025-01-31 10566243 frs-core:FurnitureFittings 2024-01-31 10566243 frs-core:RevaluationReserve 2024-02-01 2025-01-31 10566243 frs-core:RevaluationReserve 2025-01-31 10566243 frs-core:ShareCapital 2025-01-31 10566243 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 10566243 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 10566243 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 10566243 frs-bus:SmallEntities 2024-02-01 2025-01-31 10566243 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 10566243 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 10566243 frs-core:UnlistedNon-exchangeTraded 2025-01-31 10566243 frs-core:UnlistedNon-exchangeTraded 2024-01-31 10566243 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-01-31 10566243 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:UnlistedNon-exchangeTraded 2025-01-31 10566243 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-01-31 10566243 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-01-31 10566243 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-01-31 10566243 frs-bus:Director1 2024-02-01 2025-01-31 10566243 frs-countries:EnglandWales 2024-02-01 2025-01-31 10566243 2023-01-31 10566243 2024-01-31 10566243 2023-02-01 2024-01-31 10566243 frs-core:CurrentFinancialInstruments 2024-01-31 10566243 frs-core:RevaluationReserve 2024-01-31 10566243 frs-core:ShareCapital 2024-01-31 10566243 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 10566243
Inkasec Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10566243
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 203 506
Investments 5 18,507 -
18,710 506
CURRENT ASSETS
Debtors 6 9,439 3,960
Cash at bank and in hand 165,151 94,335
174,590 98,295
Creditors: Amounts Falling Due Within One Year 7 (25,136 ) (18,161 )
NET CURRENT ASSETS (LIABILITIES) 149,454 80,134
TOTAL ASSETS LESS CURRENT LIABILITIES 168,164 80,640
NET ASSETS 168,164 80,640
CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 18,507 -
Profit and Loss Account 149,557 80,540
SHAREHOLDERS' FUNDS 168,164 80,640
Page 1
Page 2
For the year ending 31 January 2025 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 Gleb Etinzon
Director
25th March 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
Inkasec Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10566243 . The registered office is 138 Deans Lane, Edgware, HA8 9NR.
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.
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:
Fixtures & Fittings 15% Reducing Balance
Computer Equipment 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.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 February 2024 275 1,864 2,139
As at 31 January 2025 275 1,864 2,139
Depreciation
As at 1 February 2024 131 1,502 1,633
Provided during the period 22 281 303
As at 31 January 2025 153 1,783 1,936
Net Book Value
As at 31 January 2025 122 81 203
As at 1 February 2024 144 362 506
Page 3
Page 4
5. Investments
Unlisted
£
Cost
As at 1 February 2024 -
Revaluations 18,507
As at 31 January 2025 18,507
Provision
As at 1 February 2024 -
As at 31 January 2025 -
Net Book Value
As at 31 January 2025 18,507
As at 1 February 2024 -
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 9,439 3,960
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 18,534 12,566
VAT 5,364 4,688
Director's loan account 1,238 907
25,136 18,161
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Reserves
Revaluation Reserve
£
Surplus on revaluation 18,507
As at 31 January 2025 18,507
Page 4