Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 06557129 Mr G Samra Mr S Samra Mrs J Samra iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06557129 2024-03-31 06557129 2025-03-31 06557129 2024-04-01 2025-03-31 06557129 frs-core:ComputerEquipment 2024-04-01 2025-03-31 06557129 frs-core:ShareCapital 2025-03-31 06557129 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 06557129 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06557129 frs-bus:AbridgedAccounts 2024-04-01 2025-03-31 06557129 frs-bus:SmallEntities 2024-04-01 2025-03-31 06557129 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06557129 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06557129 frs-bus:OrdinaryShareClass1 2024-04-01 2025-03-31 06557129 frs-bus:OrdinaryShareClass1 2025-03-31 06557129 frs-bus:OrdinaryShareClass2 2024-04-01 2025-03-31 06557129 frs-bus:OrdinaryShareClass2 2025-03-31 06557129 frs-bus:OrdinaryShareClass3 2024-04-01 2025-03-31 06557129 frs-bus:OrdinaryShareClass3 2025-03-31 06557129 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31 06557129 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-03-31 06557129 frs-bus:Director1 2024-04-01 2025-03-31 06557129 frs-bus:Director2 2024-04-01 2025-03-31 06557129 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 06557129 frs-countries:EnglandWales 2024-04-01 2025-03-31 06557129 2023-03-31 06557129 2024-03-31 06557129 2023-04-01 2024-03-31 06557129 frs-core:ShareCapital 2024-03-31 06557129 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 06557129 frs-bus:OrdinaryShareClass1 2023-04-01 2024-03-31 06557129 frs-bus:OrdinaryShareClass2 2023-04-01 2024-03-31 06557129 frs-bus:OrdinaryShareClass3 2023-04-01 2024-03-31 06557129 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31
Registered number: 06557129
GSS Computing Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2025
TCP Accountants
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 06557129
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 212 265
Investment Properties 5 446,462 440,000
446,674 440,265
CURRENT ASSETS
Cash at bank and in hand 8,756 8,377
8,756 8,377
Creditors: Amounts Falling Due Within One Year (1,055 ) (623 )
NET CURRENT ASSETS (LIABILITIES) 7,701 7,754
TOTAL ASSETS LESS CURRENT LIABILITIES 454,375 448,019
PROVISIONS FOR LIABILITIES
Deferred Taxation (17,500 ) (17,500 )
NET ASSETS 436,875 430,519
CAPITAL AND RESERVES
Called up share capital 6 99 9
Fair value reserve 7 111,154 111,154
Profit and Loss Account 325,622 319,356
SHAREHOLDERS' FUNDS 436,875 430,519
Page 1
Page 2
For the year ending 31 March 2025 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr G Samra
Director
20 May 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
GSS Computing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06557129 . The registered office is 14 Kiln Orchard Way, Birstall, Leicester, Leicestershire, LE4 3NT.
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 and is attributable to the principal activity of the company, namely rental income from investment properties. Turnover is reduced for estimated rebates and other similar allowances.
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:
Computer Equipment 25% reducing balance basis
2.4. 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.
2.5. 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: 2 (2024: 2)
2 2
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4. Tangible Assets
Total
£
Cost
As at 1 April 2024 4,036
As at 31 March 2025 4,036
Depreciation
As at 1 April 2024 3,771
Provided during the period 53
As at 31 March 2025 3,824
Net Book Value
As at 31 March 2025 212
As at 1 April 2024 265
5. Investment Property
2025
£
Fair Value
As at 1 April 2024 440,000
Additions 6,462
As at 31 March 2025 446,462
6. Share Capital
2025 2024
Allotted, called up and fully paid £ £
97 Ordinary Shares of £ 1.000 each 97 9
1 Ordinary A shares of £ 1.000 each 1 -
1 Ordinary B shares of £ 1.000 each 1 -
99 9
Shares issued during the period: £
88 Ordinary Shares of £ 1.000 each 88
1 Ordinary A shares of £ 1.000 each 1
1 Ordinary B shares of £ 1.000 each 1
90
7. Reserves
Fair Value Reserve
£
As at 1 April 2024 111,154
As at 31 March 2025 111,154
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