Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 December 2024 31 December 2024 13408373 Ezinne Honnah Isioma Honnah iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13408373 2024-03-31 13408373 2024-12-31 13408373 2024-04-01 2024-12-31 13408373 frs-core:CurrentFinancialInstruments 2024-12-31 13408373 frs-core:Non-currentFinancialInstruments 2024-12-31 13408373 frs-core:BetweenOneFiveYears 2024-12-31 13408373 frs-core:FurnitureFittings 2024-12-31 13408373 frs-core:FurnitureFittings 2024-04-01 2024-12-31 13408373 frs-core:FurnitureFittings 2024-03-31 13408373 frs-core:NetGoodwill 2024-12-31 13408373 frs-core:NetGoodwill 2024-04-01 2024-12-31 13408373 frs-core:NetGoodwill 2024-03-31 13408373 frs-core:MotorVehicles 2024-12-31 13408373 frs-core:MotorVehicles 2024-04-01 2024-12-31 13408373 frs-core:MotorVehicles 2024-03-31 13408373 frs-core:ShareCapital 2024-12-31 13408373 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13408373 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2024-12-31 13408373 frs-bus:FilletedAccounts 2024-04-01 2024-12-31 13408373 frs-bus:SmallEntities 2024-04-01 2024-12-31 13408373 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2024-12-31 13408373 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2024-12-31 13408373 frs-bus:Director1 2024-04-01 2024-12-31 13408373 frs-bus:Director2 2024-04-01 2024-12-31 13408373 frs-countries:EnglandWales 2024-04-01 2024-12-31 13408373 2023-03-31 13408373 2024-03-31 13408373 2023-04-01 2024-03-31 13408373 frs-core:CurrentFinancialInstruments 2024-03-31 13408373 frs-core:Non-currentFinancialInstruments 2024-03-31 13408373 frs-core:BetweenOneFiveYears 2024-03-31 13408373 frs-core:ShareCapital 2024-03-31 13408373 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 13408373
Zimah Ltd
Unaudited Financial Statements
For the Period 1 April 2024 to 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13408373
31 December 2024 31 March 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 240,501 265,380
Tangible Assets 5 26,106 32,130
266,607 297,510
CURRENT ASSETS
Stocks 6 45,726 26,000
Debtors 7 60,634 61,891
Cash at bank and in hand 15,316 34,911
121,676 122,802
Creditors: Amounts Falling Due Within One Year 8 (406,420 ) (177,347 )
NET CURRENT ASSETS (LIABILITIES) (284,744 ) (54,545 )
TOTAL ASSETS LESS CURRENT LIABILITIES (18,137 ) 242,965
Creditors: Amounts Falling Due After More Than One Year 9 (59,421 ) (310,382 )
NET LIABILITIES (77,558 ) (67,417 )
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account (77,658 ) (67,517 )
SHAREHOLDERS' FUNDS (77,558) (67,417)
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For the period 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
Ezinne Honnah
Director
Isioma Honnah
Director
29/05/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Zimah Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13408373 . The registered office is Suite F16 St George’S Business Park, Castle Road, Sittingbourne, Kent, ME10 3TB.
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.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. 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 25% reducing balance
Fixtures & Fittings 25% reducing balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 5 (2024: 5)
5 5
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4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 331,725
As at 31 December 2024 331,725
Amortisation
As at 1 April 2024 66,345
Provided during the period 24,879
As at 31 December 2024 91,224
Net Book Value
As at 31 December 2024 240,501
As at 1 April 2024 265,380
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2024 50,095 2,813 52,908
As at 31 December 2024 50,095 2,813 52,908
Depreciation
As at 1 April 2024 19,696 1,082 20,778
Provided during the period 5,700 324 6,024
As at 31 December 2024 25,396 1,406 26,802
Net Book Value
As at 31 December 2024 24,699 1,407 26,106
As at 1 April 2024 30,399 1,731 32,130
6. Stocks
31 December 2024 31 March 2024
£ £
Finished goods 45,726 26,000
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7. Debtors
31 December 2024 31 March 2024
£ £
Due within one year
Trade debtors 46,517 41,000
Prepayments and accrued income 3,861 10,755
VAT 6,345 5,918
Other taxes and social security 3,911 4,218
60,634 61,891
8. Creditors: Amounts Falling Due Within One Year
31 December 2024 31 March 2024
£ £
Trade creditors 66,871 75,046
Other creditors 89,487 91,720
Accruals and deferred income 2,785 3,054
Directors' loan accounts 12,250 7,527
Amounts owed to group undertakings 235,027 -
406,420 177,347
9. Creditors: Amounts Falling Due After More Than One Year
31 December 2024 31 March 2024
£ £
Net obligations under finance lease and hire purchase contracts 59,421 30,464
Bank loans - 253,249
Amounts owed to group undertakings - 26,669
59,421 310,382
10. Obligations Under Finance Leases and Hire Purchase
31 December 2024 31 March 2024
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years 59,421 30,464
11. Share Capital
31 December 2024 31 March 2024
£ £
Allotted, Called up and fully paid 100 100
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