Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 07754126 Mr K Mahal Mr K Mahal true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07754126 2023-08-31 07754126 2024-08-31 07754126 2023-09-01 2024-08-31 07754126 frs-core:CurrentFinancialInstruments 2024-08-31 07754126 frs-core:Non-currentFinancialInstruments 2024-08-31 07754126 frs-core:BetweenOneFiveYears 2024-08-31 07754126 frs-core:FurnitureFittings 2024-08-31 07754126 frs-core:FurnitureFittings 2023-09-01 2024-08-31 07754126 frs-core:FurnitureFittings 2023-08-31 07754126 frs-core:MotorVehicles 2024-08-31 07754126 frs-core:MotorVehicles 2023-09-01 2024-08-31 07754126 frs-core:MotorVehicles 2023-08-31 07754126 frs-core:ShareCapital 2024-08-31 07754126 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 07754126 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 07754126 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 07754126 frs-bus:SmallEntities 2023-09-01 2024-08-31 07754126 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 07754126 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 07754126 1 2023-09-01 2024-08-31 07754126 frs-bus:Director1 2023-09-01 2024-08-31 07754126 frs-countries:EnglandWales 2023-09-01 2024-08-31 07754126 2022-08-31 07754126 2023-08-31 07754126 2022-09-01 2023-08-31 07754126 frs-core:CurrentFinancialInstruments 2023-08-31 07754126 frs-core:Non-currentFinancialInstruments 2023-08-31 07754126 frs-core:BetweenOneFiveYears 2023-08-31 07754126 frs-core:ShareCapital 2023-08-31 07754126 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 07754126
IDD INVESTMENTS LTD
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—4
Page 1
Statement of Financial Position
Registered number: 07754126
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 41,584 37,711
41,584 37,711
CURRENT ASSETS
Debtors 5 46,780 91,779
Cash at bank and in hand 30,535 33,278
77,315 125,057
Creditors: Amounts Falling Due Within One Year 6 (58,522 ) (56,493 )
NET CURRENT ASSETS (LIABILITIES) 18,793 68,564
TOTAL ASSETS LESS CURRENT LIABILITIES 60,377 106,275
Creditors: Amounts Falling Due After More Than One Year 7 (10,362 ) (21,274 )
NET ASSETS 50,015 85,001
CAPITAL AND RESERVES
Called up share capital 8 100 100
Income Statement 49,915 84,901
SHAREHOLDERS' FUNDS 50,015 85,001
For the year ending 31 August 2024 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 Income Statement.
On behalf of the board
Mr K Mahal
Director
29/05/2025
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
IDD INVESTMENTS LTD is a private company, limited by shares, incorporated in England & Wales, registered number 07754126 . The registered office is 14 High Street, Plaistow, London, E13 0AJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements are prepared in sterling , which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.
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:
Motor Vehicles 20% p.a. reducing balance
Fixtures & Fittings 20% p.a. reducing balance
2.4. Financial Instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

...CONTINUED
Page 2
Page 3
2.4. Financial Instruments - continued
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.



2.5. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 9 9
9 9
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 September 2023 42,062 35,974 78,036
Additions - 14,268 14,268
As at 31 August 2024 42,062 50,242 92,304
Depreciation
As at 1 September 2023 20,526 19,799 40,325
Provided during the period 4,307 6,088 10,395
As at 31 August 2024 24,833 25,887 50,720
Net Book Value
As at 31 August 2024 17,229 24,355 41,584
As at 1 September 2023 21,536 16,175 37,711
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 39,140 84,139
Other debtors 7,640 7,640
46,780 91,779
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Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 10,000 10,000
Other creditors 42,282 40,259
Taxation and social security 6,240 6,234
58,522 56,493
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 7,500 17,500
Other creditors 2,862 3,774
10,362 21,274
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Later than one year and not later than five years 34,000 34,000
34,000 34,000
10. Pension Commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the statement of financial position date unpaid contributions of £367 were due to the fund. They are included in Other Creditors.
11. Related Party Transactions
At balance sheet date, Mr K Mahal, a director of the company, was owed £2,828 (2023 - £3,774) by IDD Investments Ltd.
12. Ultimate Controlling Party
The company's ultimate controlling party is Mr K Mahal by virtue of his ownership of 100% of the issued share capital in the company.
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