Acorah Software Products - Accounts Production 16.3.350 false true 28 October 2023 29 October 2022 false 29 October 2023 28 October 2024 28 October 2024 08234788 Mr Atif Malik Mr Atif Malik iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08234788 2023-10-28 08234788 2024-10-28 08234788 2023-10-29 2024-10-28 08234788 frs-core:CurrentFinancialInstruments 2024-10-28 08234788 frs-core:Non-currentFinancialInstruments 2024-10-28 08234788 frs-core:FurnitureFittings 2024-10-28 08234788 frs-core:FurnitureFittings 2023-10-29 2024-10-28 08234788 frs-core:FurnitureFittings 2023-10-28 08234788 frs-core:ShareCapital 2024-10-28 08234788 frs-core:RetainedEarningsAccumulatedLosses 2024-10-28 08234788 frs-bus:PrivateLimitedCompanyLtd 2023-10-29 2024-10-28 08234788 frs-bus:FilletedAccounts 2023-10-29 2024-10-28 08234788 frs-bus:SmallEntities 2023-10-29 2024-10-28 08234788 frs-bus:AuditExempt-NoAccountantsReport 2023-10-29 2024-10-28 08234788 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-29 2024-10-28 08234788 frs-bus:Director1 2023-10-29 2024-10-28 08234788 frs-bus:CompanySecretary1 2023-10-29 2024-10-28 08234788 frs-countries:EnglandWales 2023-10-29 2024-10-28 08234788 2022-10-28 08234788 2023-10-28 08234788 2022-10-29 2023-10-28 08234788 frs-core:CurrentFinancialInstruments 2023-10-28 08234788 frs-core:Non-currentFinancialInstruments 2023-10-28 08234788 frs-core:ShareCapital 2023-10-28 08234788 frs-core:RetainedEarningsAccumulatedLosses 2023-10-28
Registered number: 08234788
UK Investments Pvt Ltd
Unaudited Financial Statements
For The Year Ended 28 October 2024
Bennett Verby Limited
7 St Petersgate
Stockport
Cheshire
SK1 1EB
UK Investments Pvt Ltd
Contents
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
UK Investments Pvt Ltd
Balance Sheet
As At 28 October 2024
Balance Sheet
Registered number: 08234788
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Stocks 5 343,368 87,763
Debtors 6 1,010,410 909,163
Cash at bank and in hand 21 4
1,353,799 996,930
Creditors: Amounts Falling Due Within One Year 7 (1,147,854 ) (929,721 )
NET CURRENT ASSETS (LIABILITIES) 205,945 67,209
TOTAL ASSETS LESS CURRENT LIABILITIES 205,945 67,209
Creditors: Amounts Falling Due After More Than One Year 8 (258,466 ) (92,370 )
NET LIABILITIES (52,521 ) (25,161 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (52,621 ) (25,261 )
SHAREHOLDERS' FUNDS (52,521) (25,161)
Page 1
Page 2
UK Investments Pvt Ltd
Balance Sheet (continued)
As At 28 October 2024
For the year ending 28 October 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 Atif Malik
Director
20 June 2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
UK Investments Pvt Ltd
Notes to the Financial Statements
For The Year Ended 28 October 2024
Notes to the Financial Statements
1. General Information
UK Investments Pvt Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08234788 . The registered office is Prospect House, Featherstall Road South, Oldham, OL9 6HL.
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. 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:
Fixtures & Fittings 20% Straight line
2.4. 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.
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.
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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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UK Investments Pvt Ltd
Notes to the Financial Statements (continued)
For The Year Ended 28 October 2024
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 2)
1 2
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 29 October 2023 11,773
As at 28 October 2024 11,773
Depreciation
As at 29 October 2023 11,773
As at 28 October 2024 11,773
Net Book Value
As at 28 October 2024 -
As at 29 October 2023 -
5. Stocks
2024 2023
£ £
Stock 343,368 87,763
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 1,010,410 909,163
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 4,547 3,480
Other creditors 1,123,299 907,770
Taxation and social security 20,008 18,471
1,147,854 929,721
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 258,466 92,370
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4
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UK Investments Pvt Ltd
Notes to the Financial Statements (continued)
For The Year Ended 28 October 2024
10. Related Party Transactions
The following companies are all considered to be related parties by way of being either partially or wholly owned by Mr A R Malik. At the year end, they were owed:
Last Seconds Manchester Limited owed the company £63,100 (2023: £77,350)
Last Seconds UK Limited owed the company £204,648 (2023 £157,546).
Portfolio Lets UK Limited owed the company £245,901 (2023: £245,901).
Mohammad Al Zamil owed the company £30,000 (2023: £30,000).
A&S Mcr Limited owed the company £62,088 (2023: £60.571).
Matex International Limited owed the company £7,800 (2023: £53,300).
Retailer UK Limited owed the company £8,070 (2023: £8,070).
AM Estates 2  Limited owed the company £67,394 (2023: £67,394).
Alex Hunt Estate Sales Limited owed the company £5,563 (2023: £5,563).
City UK Properties Limited owed the company £16,924 (2023: £16,700).
Properties Northwest Limited owed the company £5,075 (2023: £5,075).
Value Developments Limited owed the company £35,678 (2023: £35,678).
Napier Court Investments Limited owed £18,916 (2023: £18,916).
Property Group MCR Limited owed £120,000 (2023: £120,000)
Part Exchange Properties Limited owed £1,336 (2023:£1,336)
AMS Trade GB Limited owed £5,763 (2023: £5,763).
AM Estate Mcr Limited owed £10,200 (2023: Nil).
Northwest Property Manchester Limited owed £101,955 (2023 was owed £165).
Alex Hunt Eates Sales Limited owed £5,563 (2023: £5,563)
And owed:
Wasim Akram & Emile Heskey Sports Academy Limited was owed £10,540 (2023: £10,540).
Razb Limited was owed £10,000 (2023: £10,000)..
Richmond Lake Limited was owed £82,500 (2023: £82,500).
I Patel Transport Limited was owed £49,000 (2023: £49,000).
My UK Management Limited was owed £52,500 (2023: £52,500)
Northwest Securities Limited was owed £29,000 (2023: £12,000).
Grecian Mill Limited was owed £15,500 (2023: £15,500).
A&K Properties NW Limited was owed £9,000 (2023: £9,000).
Venture Alliance Limited was owed £29,395 (2023: £30,300).
Optimum Hire was owed £20,000 (2023: £20,000).
Sam Property Investment was owed £11,700 (2023: £11,700).
Mohammad Saad was owed £191,000 (2023: £191,000).
Conceptial Developments 1 Limited was owed £103,464 (2023: £103,464 owed to the company).
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