Acorah Software Products - Accounts Production 16.4.660 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 07699547 Mr Aamir Ikram Mrs Aeysha Aamir iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07699547 2023-07-31 07699547 2024-07-31 07699547 2023-08-01 2024-07-31 07699547 frs-core:CurrentFinancialInstruments 2024-07-31 07699547 frs-core:Non-currentFinancialInstruments 2024-07-31 07699547 frs-core:ComputerEquipment 2024-07-31 07699547 frs-core:ComputerEquipment 2023-08-01 2024-07-31 07699547 frs-core:ComputerEquipment 2023-07-31 07699547 frs-core:FurnitureFittings 2024-07-31 07699547 frs-core:FurnitureFittings 2023-08-01 2024-07-31 07699547 frs-core:FurnitureFittings 2023-07-31 07699547 frs-core:ShareCapital 2024-07-31 07699547 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 07699547 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 07699547 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 07699547 frs-bus:SmallEntities 2023-08-01 2024-07-31 07699547 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 07699547 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 07699547 frs-core:UnlistedNon-exchangeTraded 2024-07-31 07699547 frs-core:UnlistedNon-exchangeTraded 2023-07-31 07699547 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-07-31 07699547 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-07-31 07699547 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-07-31 07699547 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-07-31 07699547 frs-bus:Director1 2023-08-01 2024-07-31 07699547 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 07699547 frs-countries:EnglandWales 2023-08-01 2024-07-31 07699547 2022-07-31 07699547 2023-07-31 07699547 2022-08-01 2023-07-31 07699547 frs-core:CurrentFinancialInstruments 2023-07-31 07699547 frs-core:Non-currentFinancialInstruments 2023-07-31 07699547 frs-core:ShareCapital 2023-07-31 07699547 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 07699547
IHB Accountants Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
IHB Accountants Ltd
F25 Waterfront Studios
1 Dock Road
London
E16 1AH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07699547
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 552 735
Investments 5 601,272 601,272
601,824 602,007
CURRENT ASSETS
Debtors 6 26,484 15,077
Cash at bank and in hand 54,206 34,033
80,690 49,110
Creditors: Amounts Falling Due Within One Year 7 (19,589 ) (17,966 )
NET CURRENT ASSETS (LIABILITIES) 61,101 31,144
TOTAL ASSETS LESS CURRENT LIABILITIES 662,925 633,151
Creditors: Amounts Falling Due After More Than One Year 8 (388,716 ) (355,971 )
NET ASSETS 274,209 277,180
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 274,109 277,080
SHAREHOLDERS' FUNDS 274,209 277,180
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For the year ending 31 July 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 Aamir Ikram
Director
16 January 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
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Notes to the Financial Statements
1. General Information
IHB Accountants Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07699547 . The registered office is F25 Waterfront Studios, 1 Dock Road, London, E16 1AH.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

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 25% Reducing balance
Computer Equipment 25% Reducing balance
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 year 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.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 3)
2 3
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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 August 2023 1,104 7,304 8,408
As at 31 July 2024 1,104 7,304 8,408
Depreciation
As at 1 August 2023 946 6,727 7,673
Provided during the period 39 144 183
As at 31 July 2024 985 6,871 7,856
Net Book Value
As at 31 July 2024 119 433 552
As at 1 August 2023 158 577 735
5. Investments
Unlisted
£
Cost
As at 1 August 2023 601,272
As at 31 July 2024 601,272
Provision
As at 1 August 2023 -
As at 31 July 2024 -
Net Book Value
As at 31 July 2024 601,272
As at 1 August 2023 601,272
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 23,487 12,080
Other debtors 2,997 2,997
26,484 15,077
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 5,254 5,254
Corporation tax 2,155 9,707
VAT 2,905 1,903
Director's loan account 9,275 1,102
19,589 17,966
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 28,169 33,424
Amounts owed to group undertakings 360,547 322,547
388,716 355,971
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 80,000 50,000
11. Related Party Transactions
Included in creditors is an amount of £9,275 (2023 - £1.102) payable to director. The loan is interest free.
Included in creditors is an amount of £360,547 (2023 - £322,547) payable to subsidiaries of the company. The loan is interest free.
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