Acorah Software Products - Accounts Production 16.3.350 false true true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 05743686 Mr Ugur Omurca Mrs Samantha Omurca iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05743686 2023-03-31 05743686 2024-03-31 05743686 2023-04-01 2024-03-31 05743686 frs-core:CurrentFinancialInstruments 2024-03-31 05743686 frs-core:Non-currentFinancialInstruments 2024-03-31 05743686 frs-core:PlantMachinery 2024-03-31 05743686 frs-core:PlantMachinery 2023-04-01 2024-03-31 05743686 frs-core:PlantMachinery 2023-03-31 05743686 frs-core:ShareCapital 2024-03-31 05743686 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 05743686 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05743686 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 05743686 frs-bus:SmallEntities 2023-04-01 2024-03-31 05743686 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 05743686 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 05743686 frs-bus:Director1 2023-04-01 2024-03-31 05743686 frs-bus:Director2 2023-04-01 2024-03-31 05743686 frs-countries:EnglandWales 2023-04-01 2024-03-31 05743686 2022-03-31 05743686 2023-03-31 05743686 2022-04-01 2023-03-31 05743686 frs-core:CurrentFinancialInstruments 2023-03-31 05743686 frs-core:Non-currentFinancialInstruments 2023-03-31 05743686 frs-core:ShareCapital 2023-03-31 05743686 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 05743686
Omurca Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Lake & Co
Chartered Accountants
25a Kenton Park Parade
Kenton
Harrow
HA3 8DN
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 05743686
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 1,340
- 1,340
CURRENT ASSETS
Debtors 5 619,179 185,034
Cash at bank and in hand (388 ) 98,087
618,791 283,121
Creditors: Amounts Falling Due Within One Year 6 (406,058 ) (294,257 )
NET CURRENT ASSETS (LIABILITIES) 212,733 (11,136 )
TOTAL ASSETS LESS CURRENT LIABILITIES 212,733 (9,796 )
Creditors: Amounts Falling Due After More Than One Year 7 (14,766 ) (21,667 )
NET ASSETS/(LIABILITIES) 197,967 (31,463 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 197,965 (31,465 )
SHAREHOLDERS' FUNDS 197,967 (31,463)
For the year ending 31 March 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 Ugur Omurca
Director
28/04/2025
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
Omurca Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05743686 . The registered office is Hartfield Village Hall, High Street, Hartfield, East Sussex, England, TN7 4AA.
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. Going Concern Disclosure
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period.
2.3. 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.
2.4. 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:
Plant & Machinery 25% on costs
2.5. 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.
2.6. 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.
Page 2
Page 3
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2023 80,728
Disposals (20,000 )
As at 31 March 2024 60,728
Depreciation
As at 1 April 2023 79,388
Provided during the period 1,340
Disposals (20,000 )
As at 31 March 2024 60,728
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 1,340
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 431,862 37,846
Prepayments and accrued income - 2,375
Other debtors 6,402 16,278
Directors' loan accounts 180,915 128,535
619,179 185,034
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 116,523 128,890
Bank loans and overdrafts 38,307 11,921
Corporation tax 42,488 -
Other taxes and social security 77,180 82,688
VAT 28,638 16,860
Net wages 10,100 -
Other creditors 59,622 50,398
Accruals and deferred income 33,200 3,500
406,058 294,257
Page 3
Page 4
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 14,766 21,667
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
9. Directors Advances, Credits and Guarantees
As at the balance sheet date, the directors owed an amount of £180,915 (2023:£128,535) to the company. Interest has been charged at 2% and the amount was repaid within nine months of the year end.
Page 4