Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 10663349 Mr Atul Mohanlal Kanabar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10663349 2023-09-30 10663349 2024-09-30 10663349 2023-10-01 2024-09-30 10663349 frs-core:CurrentFinancialInstruments 2024-09-30 10663349 frs-core:Non-currentFinancialInstruments 2024-09-30 10663349 frs-core:PlantMachinery 2024-09-30 10663349 frs-core:PlantMachinery 2023-10-01 2024-09-30 10663349 frs-core:PlantMachinery 2023-09-30 10663349 frs-core:ShareCapital 2024-09-30 10663349 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 10663349 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10663349 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 10663349 frs-bus:SmallEntities 2023-10-01 2024-09-30 10663349 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 10663349 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 10663349 frs-core:UnlistedNon-exchangeTraded 2024-09-30 10663349 frs-core:UnlistedNon-exchangeTraded 2023-09-30 10663349 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-09-30 10663349 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-09-30 10663349 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-09-30 10663349 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-09-30 10663349 frs-bus:Director1 2023-10-01 2024-09-30 10663349 frs-countries:EnglandWales 2023-10-01 2024-09-30 10663349 2022-09-30 10663349 2023-09-30 10663349 2022-10-01 2023-09-30 10663349 frs-core:CurrentFinancialInstruments 2023-09-30 10663349 frs-core:Non-currentFinancialInstruments 2023-09-30 10663349 frs-core:ShareCapital 2023-09-30 10663349 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 10663349
AKR Holdings Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Smith Hannah Limited
Chartered Certified Accountants
50 Bodenham Road
Northfield
Birmingham
B31 5DS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 10663349
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 46,796 55,054
Investment Properties 5 2,509,692 2,230,438
Investments 6 100 100
2,556,588 2,285,592
CURRENT ASSETS
Debtors 7 3,242 13,135
Cash at bank and in hand 14,686 110,960
17,928 124,095
Creditors: Amounts Falling Due Within One Year 8 (69,404 ) (107,699 )
NET CURRENT ASSETS (LIABILITIES) (51,476 ) 16,396
TOTAL ASSETS LESS CURRENT LIABILITIES 2,505,112 2,301,988
Creditors: Amounts Falling Due After More Than One Year 9 (825,084 ) (764,906 )
NET ASSETS 1,680,028 1,537,082
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 1,679,928 1,536,982
SHAREHOLDERS' FUNDS 1,680,028 1,537,082
Page 1
Page 2
For the year ending 30 September 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 Profit and Loss Account.
On behalf of the board
Mr Atul Mohanlal Kanabar
Director
7 May 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
AKR Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10663349 . The registered office is 50 Woodgate, Leicester, LE3 5GF.
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.
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:
Plant & Machinery 15% reducing balance
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.
...CONTINUED
Page 3
Page 4
2.5. Taxation - continued
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.
2.6. Group Accounts
The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary comprise a small group. The company has therefore taken advantage of the exemption by S399 of the Companies Act 2006 not to prepare group accounts.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 October 2023 124,945
As at 30 September 2024 124,945
Depreciation
As at 1 October 2023 69,891
Provided during the period 8,258
As at 30 September 2024 78,149
Net Book Value
As at 30 September 2024 46,796
As at 1 October 2023 55,054
5. Investment Property
2024
£
Fair Value
As at 1 October 2023 2,230,438
Additions 279,254
As at 30 September 2024 2,509,692
Page 4
Page 5
6. Investments
Unlisted
£
Cost
As at 1 October 2023 100
As at 30 September 2024 100
Provision
As at 1 October 2023 -
As at 30 September 2024 -
Net Book Value
As at 30 September 2024 100
As at 1 October 2023 100
Investments comprise of 100% share captial of Coffee (Leicester) Limited.
7. Debtors
2024 2023
£ £
Due within one year
Other debtors 3,242 13,135
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 34,699 34,699
Other creditors 17,234 22,270
Taxation and social security 17,471 50,730
69,404 107,699
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 716,664 578,865
Amounts owed to group undertakings 55,001 135,001
Other creditors 53,419 51,040
825,084 764,906
Page 5
Page 6
10. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Bank loans and overdrafts 751,363 613,564
Page 6