Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 October 2022 false 1 April 2024 31 March 2025 31 March 2025 12912764 Mr C Lhert Ms C Lhert Mr C Lhert iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12912764 2024-03-31 12912764 2025-03-31 12912764 2024-04-01 2025-03-31 12912764 frs-core:CurrentFinancialInstruments 2025-03-31 12912764 frs-core:Non-currentFinancialInstruments 2025-03-31 12912764 frs-core:ShareCapital 2025-03-31 12912764 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 12912764 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12912764 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 12912764 frs-bus:SmallEntities 2024-04-01 2025-03-31 12912764 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 12912764 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 12912764 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31 12912764 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-03-31 12912764 frs-bus:Director1 2024-04-01 2025-03-31 12912764 frs-bus:Director2 2024-04-01 2025-03-31 12912764 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 12912764 frs-countries:EnglandWales 2024-04-01 2025-03-31 12912764 2022-09-30 12912764 2024-03-31 12912764 2022-10-01 2024-03-31 12912764 frs-core:CurrentFinancialInstruments 2024-03-31 12912764 frs-core:Non-currentFinancialInstruments 2024-03-31 12912764 frs-core:ShareCapital 2024-03-31 12912764 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 12912764 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31
Registered number: 12912764
Gaanan Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12912764
31 March 2025 31 March 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,195,000 475,000
1,195,000 475,000
CURRENT ASSETS
Cash at bank and in hand 9,605 9,506
9,605 9,506
Creditors: Amounts Falling Due Within One Year 5 (2,172 ) (1,728 )
NET CURRENT ASSETS (LIABILITIES) 7,433 7,778
TOTAL ASSETS LESS CURRENT LIABILITIES 1,202,433 482,778
Creditors: Amounts Falling Due After More Than One Year 6 (1,430,946 ) (618,821 )
NET LIABILITIES (228,513 ) (136,043 )
CAPITAL AND RESERVES
Called up share capital 8 10,010 10,010
Fair value reserve 9 (124,042 ) (73,530 )
Profit and Loss Account (114,481 ) (72,523 )
SHAREHOLDERS' FUNDS (228,513) (136,043)
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.
On behalf of the board
Mr C Lhert
Director
17 June 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Gaanan Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12912764 . The registered office is 85 Great Portland Street, London, W1W 7LT.
The presentation currency of the financial statements is the Pound Sterling (£).
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 rental of Investment Property. 
2.3. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Investment Property
31 March 2025
£
Fair Value
As at 1 April 2024 475,000
Additions 770,512
Fair value adjustments (50,512 )
As at 31 March 2025 1,195,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
31 March 2025 31 March 2024
£ £
Cost 1,319,042 548,530
Page 3
Page 4
Investment property was valued on an open market basis on 3 June by the director.
5. Creditors: Amounts Falling Due Within One Year
31 March 2025 31 March 2024
£ £
Accruals and deferred income 2,172 1,728
6. Creditors: Amounts Falling Due After More Than One Year
31 March 2025 31 March 2024
£ £
Bank loans 311,093 311,092
Directors loan account 1,119,853 307,729
1,430,946 618,821
The directors loan bears interest at 3.74% above the Bank of England base rate and is repayable on demand.
7. Secured Creditors
The bank loans are secured against Investment Property.
31 March 2025 31 March 2024
£ £
Bank loans and overdrafts 311,093 311,092
8. Share Capital
31 March 2025 31 March 2024
£ £
Allotted, Called up and fully paid 10,010 10,010
9. Reserves
Fair Value Reserve
£
As at 1 April 2024 (73,530 )
Movements in fair value reserve (50,512)
As at 31 March 2025 (124,042 )
Page 4