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 10367802 A D Dolby S K Bhangoe Sourabdi Kalwant Bhangoe false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10367802 2023-09-30 10367802 2024-09-30 10367802 2023-10-01 2024-09-30 10367802 frs-core:CurrentFinancialInstruments 2024-09-30 10367802 frs-core:ComputerEquipment 2024-09-30 10367802 frs-core:ComputerEquipment 2023-10-01 2024-09-30 10367802 frs-core:ComputerEquipment 2023-09-30 10367802 frs-core:FurnitureFittings 2024-09-30 10367802 frs-core:FurnitureFittings 2023-10-01 2024-09-30 10367802 frs-core:FurnitureFittings 2023-09-30 10367802 frs-core:ShareCapital 2024-09-30 10367802 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 10367802 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10367802 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 10367802 frs-bus:SmallEntities 2023-10-01 2024-09-30 10367802 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 10367802 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 10367802 1 2023-10-01 2024-09-30 10367802 frs-bus:Director1 2023-10-01 2024-09-30 10367802 frs-bus:Director2 2023-10-01 2024-09-30 10367802 frs-countries:EnglandWales 2023-10-01 2024-09-30 10367802 2022-09-30 10367802 2023-09-30 10367802 2022-10-01 2023-09-30 10367802 frs-core:CurrentFinancialInstruments 2023-09-30 10367802 frs-core:ShareCapital 2023-09-30 10367802 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 10367802
SKAD Holdings Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Goringe Accountants Ltd
1650 Arlington Business Park
Theale
Reading
Berkshire
RG7 4SA
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10367802
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 5 81,193 81,193
81,193 81,193
CURRENT ASSETS
Cash at bank and in hand 232 -
232 -
Creditors: Amounts Falling Due Within One Year 6 (148,612 ) (141,724 )
NET CURRENT ASSETS (LIABILITIES) (148,380 ) (141,724 )
TOTAL ASSETS LESS CURRENT LIABILITIES (67,187 ) (60,531 )
NET LIABILITIES (67,187 ) (60,531 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (67,287 ) (60,631 )
SHAREHOLDERS' FUNDS (67,187) (60,531)
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 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
S K Bhangoe
Director
27/06/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
SKAD Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10367802 . The registered office is 5 Mallard Way, Aldermaston, Reading, Berkshire, RG7 4UT.
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:
Fixtures & Fittings 33% Straight line
Computer Equipment 33% Straight line
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: NIL (2023: NIL)
- -
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 October 2023 16,162 249 16,411
As at 30 September 2024 16,162 249 16,411
Depreciation
As at 1 October 2023 16,162 249 16,411
As at 30 September 2024 16,162 249 16,411
Net Book Value
As at 30 September 2024 - - -
As at 1 October 2023 - - -
5. Investment Property
2024
£
Fair Value
As at 1 October 2023 and 30 September 2024 81,193
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts - 87
Other creditors 148,612 141,637
148,612 141,724
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Directors Advances, Credits and Guarantees
Interest free loans have been granted to the company by its directors as follows: £147,699 (2023: £140,899).
9. Controlling Party
The company's controlling party is Sourabdi Kalwant Bhangoe by virtue of his ownership of 51% of the issued share capital in the company.
Page 3