Acorah Software Products - Accounts Production 16.3.350 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 10048714 Mr Amarjit Kundi Mrs Lisa Kundi iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10048714 2023-12-31 10048714 2024-12-31 10048714 2024-01-01 2024-12-31 10048714 frs-core:CurrentFinancialInstruments 2024-12-31 10048714 frs-core:Non-currentFinancialInstruments 2024-12-31 10048714 frs-core:ComputerEquipment 2024-12-31 10048714 frs-core:ComputerEquipment 2024-01-01 2024-12-31 10048714 frs-core:ComputerEquipment 2023-12-31 10048714 frs-core:MotorVehicles 2024-12-31 10048714 frs-core:MotorVehicles 2024-01-01 2024-12-31 10048714 frs-core:MotorVehicles 2023-12-31 10048714 frs-core:PlantMachinery 2024-12-31 10048714 frs-core:PlantMachinery 2024-01-01 2024-12-31 10048714 frs-core:PlantMachinery 2023-12-31 10048714 frs-core:ShareCapital 2024-12-31 10048714 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10048714 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10048714 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 10048714 frs-bus:SmallEntities 2024-01-01 2024-12-31 10048714 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10048714 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10048714 frs-bus:Director1 2024-01-01 2024-12-31 10048714 frs-bus:Director2 2024-01-01 2024-12-31 10048714 frs-core:CurrentFinancialInstruments 1 2024-12-31 10048714 frs-countries:EnglandWales 2024-01-01 2024-12-31 10048714 2022-12-31 10048714 2023-12-31 10048714 2023-01-01 2023-12-31 10048714 frs-core:CurrentFinancialInstruments 2023-12-31 10048714 frs-core:Non-currentFinancialInstruments 2023-12-31 10048714 frs-core:ShareCapital 2023-12-31 10048714 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10048714 frs-core:CurrentFinancialInstruments 1 2023-12-31
Registered number: 10048714
Neeko Technology Services Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
DEB Chartered Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10048714
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 18,222 23,679
18,222 23,679
CURRENT ASSETS
Debtors 5 56,973 4,189
Cash at bank and in hand 753 8,857
57,726 13,046
Creditors: Amounts Falling Due Within One Year 6 (95,211 ) (49,127 )
NET CURRENT ASSETS (LIABILITIES) (37,485 ) (36,081 )
TOTAL ASSETS LESS CURRENT LIABILITIES (19,263 ) (12,402 )
Creditors: Amounts Falling Due After More Than One Year 7 (6,336 ) (17,413 )
NET LIABILITIES (25,599 ) (29,815 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (25,699 ) (29,915 )
SHAREHOLDERS' FUNDS (25,599) (29,815)
Page 1
Page 2
For the year ending 31 December 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 Amarjit Kundi
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
Neeko Technology Services Ltd Registered number 10048714 is a limited by shares company incorporated in England & Wales. The Registered Office is DEB House, 19 Middlewoods Way, Wharncliffe Business Park, Carlton, Barnsley, S71 3HR.
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
The company is dependent on the support from the director, who has indicated that his loan will not be repaid until the company has the available funds to do so. Accordingly the directors believe that the going concern basis continues to remain appropriate.
2.3. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Office equipment 25 % Reducing Method
Motor Vehicles 25 % Reducing Method
Computer Equipment 25 % Reducing Method
2.5. 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: 2 (2023: 2)
2 2
4. Tangible Assets
Office equipment Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 500 39,700 3,047 43,247
Additions 617 - - 617
As at 31 December 2024 1,117 39,700 3,047 43,864
Depreciation
As at 1 January 2024 125 17,369 2,074 19,568
Provided during the period 248 5,583 243 6,074
As at 31 December 2024 373 22,952 2,317 25,642
Net Book Value
As at 31 December 2024 744 16,748 730 18,222
As at 1 January 2024 375 22,331 973 23,679
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Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 47,926 -
VAT 9,047 4,189
56,973 4,189
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 11,389 11,389
PAYE creditor 2,051 3,389
Wages creditor 1,694 1,709
Credit Cards 979 3,105
Accruals and deferred income 431 12,196
Directors' loan accounts 78,667 17,339
95,211 49,127
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 6,336 17,413
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
The company is controlled by Mr & Mrs Kundi, directors and shareholders of the company.
The balance on the directors' loan account of Mr & Mrs Kundi at 31st December 2024 was £78,667 (2023 - £17,340) due from the company.
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