Acorah Software Products - Accounts Production 16.2.850 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 10595036 Mr Awais Javed Mr Nauman Javid Mr Sheryar Khan Mr Nasma SAHEECHA Mr Zehra TAMKAN iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10595036 2023-04-30 10595036 2024-04-30 10595036 2023-05-01 2024-04-30 10595036 frs-core:CurrentFinancialInstruments 2024-04-30 10595036 frs-core:Non-currentFinancialInstruments 2024-04-30 10595036 frs-core:BetweenOneFiveYears 2024-04-30 10595036 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-30 10595036 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 10595036 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-30 10595036 frs-core:MotorVehicles 2024-04-30 10595036 frs-core:MotorVehicles 2023-05-01 2024-04-30 10595036 frs-core:MotorVehicles 2023-04-30 10595036 frs-core:PlantMachinery 2024-04-30 10595036 frs-core:PlantMachinery 2023-05-01 2024-04-30 10595036 frs-core:PlantMachinery 2023-04-30 10595036 frs-core:WithinOneYear 2024-04-30 10595036 frs-core:ShareCapital 2024-04-30 10595036 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10595036 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10595036 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 10595036 frs-bus:SmallEntities 2023-05-01 2024-04-30 10595036 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10595036 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10595036 frs-bus:Director1 2023-05-01 2024-04-30 10595036 frs-bus:Director2 2023-05-01 2024-04-30 10595036 frs-bus:Director3 2023-05-01 2024-04-30 10595036 frs-bus:Director4 2023-05-01 2024-04-30 10595036 frs-bus:Director5 2023-05-01 2024-04-30 10595036 frs-countries:EnglandWales 2023-05-01 2024-04-30 10595036 2022-04-30 10595036 2023-04-30 10595036 2022-05-01 2023-04-30 10595036 frs-core:CurrentFinancialInstruments 2023-04-30 10595036 frs-core:Non-currentFinancialInstruments 2023-04-30 10595036 frs-core:BetweenOneFiveYears 2023-04-30 10595036 frs-core:WithinOneYear 2023-04-30 10595036 frs-core:ShareCapital 2023-04-30 10595036 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 10595036
Connaught Law Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Klair Management Consultants
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 10595036
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 213,556 159,543
213,556 159,543
CURRENT ASSETS
Stocks 5 95,850 97,200
Debtors 6 387,394 398,017
483,244 495,217
Creditors: Amounts Falling Due Within One Year 7 (417,517 ) (441,678 )
NET CURRENT ASSETS (LIABILITIES) 65,727 53,539
TOTAL ASSETS LESS CURRENT LIABILITIES 279,283 213,082
Creditors: Amounts Falling Due After More Than One Year 8 (174,169 ) (146,998 )
NET ASSETS 105,114 66,084
CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Profit and Loss Account 104,114 65,084
SHAREHOLDERS' FUNDS 105,114 66,084
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 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 Awais Javed
Director
08/04/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Connaught Law Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10595036 . The registered office is 4th Floor Totara Park House Gray's Inn Road, 34-36 Gray's Inn Road, London, WC1X 8HR.
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:
Leasehold 0
Plant & Machinery 10
Motor Vehicles 10
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 25 (2023: 18)
25 18
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 May 2023 19,070 66,574 124,258 209,902
Additions - 2,710 113,889 116,599
Disposals - - (45,530 ) (45,530 )
As at 30 April 2024 19,070 69,284 192,617 280,971
Depreciation
As at 1 May 2023 - 24,471 25,888 50,359
Provided during the period - 4,481 17,128 21,609
Disposals - - (4,553 ) (4,553 )
As at 30 April 2024 - 28,952 38,463 67,415
Net Book Value
As at 30 April 2024 19,070 40,332 154,154 213,556
As at 1 May 2023 19,070 42,103 98,370 159,543
5. Stocks
2024 2023
£ £
Work in progress 95,850 97,200
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Page 4
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 387,394 398,017
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 23,834 11,551
Trade creditors 150,400 236,314
Bank loans and overdrafts 67,025 58,891
Other creditors 34,008 1,092
Taxation and social security 142,250 133,830
417,517 441,678
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 124,524 47,353
Bank loans 49,645 99,645
174,169 146,998
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 23,834 11,551
Later than one year and not later than five years 124,524 47,353
148,358 58,904
148,358 58,904
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
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