Acorah Software Products - Accounts Production 16.4.660 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 11904269 Mr ILIAS DIONYSATOS Mr Konstantinos Dionysatos iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11904269 2024-03-31 11904269 2025-03-31 11904269 2024-04-01 2025-03-31 11904269 frs-core:CurrentFinancialInstruments 2025-03-31 11904269 frs-core:Non-currentFinancialInstruments 2025-03-31 11904269 frs-core:ComputerEquipment 2025-03-31 11904269 frs-core:ComputerEquipment 2024-04-01 2025-03-31 11904269 frs-core:ComputerEquipment 2024-03-31 11904269 frs-core:FurnitureFittings 2025-03-31 11904269 frs-core:FurnitureFittings 2024-04-01 2025-03-31 11904269 frs-core:FurnitureFittings 2024-03-31 11904269 frs-core:MotorVehicles 2025-03-31 11904269 frs-core:MotorVehicles 2024-04-01 2025-03-31 11904269 frs-core:MotorVehicles 2024-03-31 11904269 frs-core:OtherReservesSubtotal 2025-03-31 11904269 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 11904269 frs-bus:CompanyLimitedByGuarantee 2024-04-01 2025-03-31 11904269 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 11904269 frs-bus:SmallEntities 2024-04-01 2025-03-31 11904269 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11904269 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11904269 frs-bus:Director1 2024-04-01 2025-03-31 11904269 frs-bus:Director2 2024-04-01 2025-03-31 11904269 frs-countries:EnglandWales 2024-04-01 2025-03-31 11904269 2023-03-31 11904269 2024-03-31 11904269 2023-04-01 2024-03-31 11904269 frs-core:CurrentFinancialInstruments 2024-03-31 11904269 frs-core:Non-currentFinancialInstruments 2024-03-31 11904269 frs-core:OtherReservesSubtotal 2024-03-31 11904269 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 11904269
INTERKOVAS LTD
Unaudited Financial Statements
For The Year Ended 31 March 2025
BUSINESS SOLUTIONS STRATEGY LIMITED
201b.3 Cardinal Point
Park Road
Rickmansworth
WD3 1RE
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 11904269
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 279 3,744
279 3,744
CURRENT ASSETS
Debtors 5 2,208 2,090
Cash at bank and in hand 301 -
2,509 2,090
Creditors: Amounts Falling Due Within One Year 6 (18,939 ) (22,236 )
NET CURRENT ASSETS (LIABILITIES) (16,430 ) (20,146 )
TOTAL ASSETS LESS CURRENT LIABILITIES (16,151 ) (16,402 )
Creditors: Amounts Falling Due After More Than One Year 7 (24,910 ) (29,790 )
NET LIABILITIES (41,061 ) (46,192 )
RESERVES
Other reserves 1 1
Income and Expenditure Account (41,062 ) (46,193 )
MEMBERS' FUNDS (41,061) (46,192)
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 Income and Expenditure Account.
On behalf of the board
Mr ILIAS DIONYSATOS
Director
10/07/2025
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
INTERKOVAS LTD is a private company, limited by guarantee, incorporated in England & Wales, registered number 11904269 . The registered office is 201b.3 Cardinal Point, Park Road, Rickmansworth, Hertfordshire, WD3 1RE.
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:
Motor Vehicles 4 Years
Fixtures & Fittings 4 Years
Computer Equipment 4 Years
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 2)
3 2
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 12,700 504 658 13,862
As at 31 March 2025 12,700 504 658 13,862
Depreciation
As at 1 April 2024 9,496 293 329 10,118
Provided during the period 3,175 126 164 3,465
As at 31 March 2025 12,671 419 493 13,583
Net Book Value
As at 31 March 2025 29 85 165 279
As at 1 April 2024 3,204 211 329 3,744
Page 2
Page 3
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 2,090 2,090
Other taxes and social security 118 -
2,208 2,090
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 442
Bank loans and overdrafts - 128
Other taxes and social security - 665
VAT 993 3,423
Net wages - 3,143
Directors' loan accounts 17,946 14,435
18,939 22,236
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 24,910 29,790
8. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 3