Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 November 2022 false 1 April 2024 31 March 2025 31 March 2025 07423297 MR GEORGE TRAGANIDAS George Traganidas true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07423297 2024-03-31 07423297 2025-03-31 07423297 2024-04-01 2025-03-31 07423297 frs-core:CurrentFinancialInstruments 2025-03-31 07423297 frs-core:ComputerEquipment 2025-03-31 07423297 frs-core:ComputerEquipment 2024-04-01 2025-03-31 07423297 frs-core:ComputerEquipment 2024-03-31 07423297 frs-core:PlantMachinery 2024-04-01 2025-03-31 07423297 frs-core:ShareCapital 2025-03-31 07423297 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07423297 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07423297 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 07423297 frs-bus:SmallEntities 2024-04-01 2025-03-31 07423297 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07423297 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07423297 1 2024-04-01 2025-03-31 07423297 frs-core:DeferredTaxation 2024-04-01 2025-03-31 07423297 frs-core:DeferredTaxation 2024-03-31 07423297 frs-core:DeferredTaxation 2025-03-31 07423297 frs-core:UnlistedNon-exchangeTraded 2025-03-31 07423297 frs-core:UnlistedNon-exchangeTraded 2024-03-31 07423297 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 07423297 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 07423297 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 07423297 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 07423297 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 07423297 frs-bus:Director1 2024-04-01 2025-03-31 07423297 frs-countries:EnglandWales 2024-04-01 2025-03-31 07423297 2022-10-31 07423297 2024-03-31 07423297 2022-11-01 2024-03-31 07423297 frs-core:CurrentFinancialInstruments 2024-03-31 07423297 frs-core:ShareCapital 2024-03-31 07423297 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 07423297
Traganidas Solutions Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Ash & Associates
Chartered Accountants
First Floor
1A Leadenhall Market
London
EC3V 1LR
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07423297
31 March 2025 31 March 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 895 382
Investments 5 101,597 93,533
102,492 93,915
CURRENT ASSETS
Debtors 6 2,479 -
Investments 7 384,161 316,115
Cash at bank and in hand 72 140
386,712 316,255
Creditors: Amounts Falling Due Within One Year 8 (415,711 ) (402,233 )
NET CURRENT ASSETS (LIABILITIES) (28,999 ) (85,978 )
TOTAL ASSETS LESS CURRENT LIABILITIES 73,493 7,937
PROVISIONS FOR LIABILITIES
Deferred Taxation 9 - (54,518 )
NET ASSETS/(LIABILITIES) 73,493 (46,581 )
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account 73,393 (46,681 )
SHAREHOLDERS' FUNDS 73,493 (46,581)
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 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 GEORGE TRAGANIDAS
Director
25th June 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Traganidas Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07423297 . The registered office is 11 Silverthorne Road, London, SW8 3AD.
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. 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 25% on cost
Computer Equipment 25% on cost
2.3. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.4. 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 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.
2.5. Other operating income
Other operating income includes profit/loss from financial option and stock trading activities.
2.6. Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
Page 3
Page 4
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2024 4,791
Additions 862
As at 31 March 2025 5,653
Depreciation
As at 1 April 2024 4,409
Provided during the period 349
As at 31 March 2025 4,758
Net Book Value
As at 31 March 2025 895
As at 1 April 2024 382
5. Investments
Unlisted
£
Cost
As at 1 April 2024 93,533
Additions 8,064
As at 31 March 2025 101,597
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 101,597
As at 1 April 2024 93,533
The company's investments at the Balance Sheet date in the share capital of companies include the following: 61% (2024: 65%) share capital in Traganidas Associates Limited, a group company.
6. Debtors
31 March 2025 31 March 2024
£ £
Due within one year
Deferred tax current asset 2,479 -
7. Current Asset Investments
31 March 2025 31 March 2024
£ £
Listed investments 384,161 316,115
Listed investments are shown at current market value with gains or losses on revaluation taken to the profit and loss account.
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
31 March 2025 31 March 2024
£ £
Accruals and deferred income 17,400 3,124
Director's loan account 398,311 399,109
415,711 402,233
The directors current account balances are all repayable on demand with no interest terms attaching.
9. Deferred Taxation
The provision for deferred tax is made up as follows:
31 March 2025 31 March 2024
£ £
Other timing differences (2,479) 54,518
10. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 April 2024 54,518 54,518
Deferred taxation (56,997 ) (56,997 )
Balance at 31 March 2025 (2,479 ) (2,479)
11. Share Capital
31 March 2025 31 March 2024
£ £
Allotted, Called up and fully paid 100 100
12. Reserves
At the balance sheet date there were non-distributable reserves of £(7,439) (2023: £163,553) included in retained earnings.
13. Ultimate Controlling Party
The company's ultimate controlling party is George Traganidas by virtue of his ownership of 100% of the issued share capital in the company.
Page 5