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 10959604 Mr Muhammad Hassan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10959604 2023-09-30 10959604 2024-09-30 10959604 2023-10-01 2024-09-30 10959604 frs-core:CurrentFinancialInstruments 2024-09-30 10959604 frs-core:ShareCapital 2024-09-30 10959604 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 10959604 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10959604 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 10959604 frs-bus:SmallEntities 2023-10-01 2024-09-30 10959604 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 10959604 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 10959604 frs-bus:Director1 2023-10-01 2024-09-30 10959604 frs-countries:EnglandWales 2023-10-01 2024-09-30 10959604 2022-09-30 10959604 2023-09-30 10959604 2022-10-01 2023-09-30 10959604 frs-core:CurrentFinancialInstruments 2023-09-30 10959604 frs-core:ShareCapital 2023-09-30 10959604 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 10959604
Iyan Linens Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
A.N. & CO Accountant Ltd
Mr N A Ghouri: FFA/FIPA, FFTA, BA (Hons) Accountancy
128A Spotland Road
Rochdale
OL12 6PJ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 10959604
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 8,478 -
Cash at bank and in hand 11,350 37,565
19,828 37,565
Creditors: Amounts Falling Due Within One Year 5 (430 ) (12,398 )
NET CURRENT ASSETS (LIABILITIES) 19,398 25,167
TOTAL ASSETS LESS CURRENT LIABILITIES 19,398 25,167
NET ASSETS 19,398 25,167
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account 19,397 25,166
SHAREHOLDERS' FUNDS 19,398 25,167
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 Muhammad Hassan
Director
10/06/2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Iyan Linens Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10959604 . The registered office is 35-37 Moss Street, Rochdale, OL16 5NG.
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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 4)
5 4
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 8,478 -
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 11,968
Accruals and deferred income 430 430
430 12,398
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 2