Acorah Software Products - Accounts Production 16.3.350 false true true 30 September 2023 21 September 2022 false 1 October 2023 30 September 2024 30 September 2024 14367287 Mr S Balarajah Mr J Thakrar Mr R Thakrar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14367287 2023-09-30 14367287 2024-09-30 14367287 2023-10-01 2024-09-30 14367287 frs-core:CurrentFinancialInstruments 2024-09-30 14367287 frs-core:Non-currentFinancialInstruments 2024-09-30 14367287 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-10-01 2024-09-30 14367287 frs-core:OtherResidualIntangibleAssets 2024-09-30 14367287 frs-core:OtherResidualIntangibleAssets 2023-09-30 14367287 frs-core:ShareCapital 2024-09-30 14367287 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 14367287 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 14367287 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 14367287 frs-bus:SmallEntities 2023-10-01 2024-09-30 14367287 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 14367287 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 14367287 frs-bus:Director1 2023-10-01 2024-09-30 14367287 frs-bus:Director2 2023-10-01 2024-09-30 14367287 frs-bus:Director3 2023-10-01 2024-09-30 14367287 frs-countries:EnglandWales 2023-10-01 2024-09-30 14367287 2022-09-20 14367287 2023-09-30 14367287 2022-09-21 2023-09-30 14367287 frs-core:CurrentFinancialInstruments 2023-09-30 14367287 frs-core:Non-currentFinancialInstruments 2023-09-30 14367287 frs-core:ShareCapital 2023-09-30 14367287 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 14367287
Srj Clothing Limited
Financial Statements
For The Year Ended 30 September 2024
BBK Partnership
Chartered Accountants & Statutory Auditors
1 Beauchamp Court
10 Victors Way
Barnet
Hertfordshire
EN5 5TZ
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Directors Mr S Balarajah
Mr J Thakrar
Mr R Thakrar
Company Number 14367287
Registered Office 167-169 Great Portland Street
5th Floor
London
W1W 5PF
Accountants BBK Partnership
Chartered Accountants & Statutory Auditors
1 Beauchamp Court
10 Victors Way
Barnet
Hertfordshire
EN5 5TZ
Page 1
Page 2
Balance Sheet
Registered number: 14367287
30 September 2024 30 September 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1,000 1,000
1,000 1,000
CURRENT ASSETS
Stocks 5 20,753 -
Debtors 6 150 289
Cash at bank and in hand 2,340 1,081
23,243 1,370
Creditors: Amounts Falling Due Within One Year 7 (38,657 ) (14,202 )
NET CURRENT ASSETS (LIABILITIES) (15,414 ) (12,832 )
TOTAL ASSETS LESS CURRENT LIABILITIES (14,414 ) (11,832 )
Creditors: Amounts Falling Due After More Than One Year 8 (28,783 ) (4,807 )
NET LIABILITIES (43,197 ) (16,639 )
CAPITAL AND RESERVES
Called up share capital 9 3 3
Profit and Loss Account (43,200 ) (16,642 )
SHAREHOLDERS' FUNDS (43,197) (16,639)
Page 2
Page 3
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
Mr S Balarajah
Director
Mr J Thakrar
Director
Mr R Thakrar
Director
25/06/2025
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Srj Clothing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14367287 . The registered office is 167-169 Great Portland Street, 5th Floor, London, W1W 5PF.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
The other intangible asset is a trademark, which has not been amortised in the current or prior year.
2.5. 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.
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2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Intangible Assets
Other Intangible Assets
£
Cost or Valuation
As at 1 October 2023 1,000
As at 30 September 2024 1,000
Net Book Value
As at 30 September 2024 1,000
As at 1 October 2023 1,000
5. Stocks
30 September 2024 30 September 2023
£ £
Stock 20,753 -
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Page 6
6. Debtors
30 September 2024 30 September 2023
£ £
Due within one year
VAT 150 289
7. Creditors: Amounts Falling Due Within One Year
30 September 2024 30 September 2023
£ £
Accruals and deferred income 650 630
Directors' loan accounts 38,007 13,572
38,657 14,202
8. Creditors: Amounts Falling Due After More Than One Year
30 September 2024 30 September 2023
£ £
Startup-Loan 24,431 -
Directors loan account 4,352 4,807
28,783 4,807
9. Share Capital
30 September 2024 30 September 2023
£ £
Allotted, Called up and fully paid 3 3
Page 6