Acorah Software Products - Accounts Production 16.4.675 false true 27 November 2023 1 December 2022 false 28 November 2023 27 November 2024 27 November 2024 07434157 Mr Atif Malik Mrs Rehana Malik iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07434157 2023-11-27 07434157 2024-11-27 07434157 2023-11-28 2024-11-27 07434157 frs-core:CurrentFinancialInstruments 2024-11-27 07434157 frs-core:Non-currentFinancialInstruments 2024-11-27 07434157 frs-core:ComputerEquipment 2024-11-27 07434157 frs-core:ComputerEquipment 2023-11-28 2024-11-27 07434157 frs-core:ComputerEquipment 2023-11-27 07434157 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-27 07434157 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-28 2024-11-27 07434157 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-27 07434157 frs-core:ShareCapital 2024-11-27 07434157 frs-core:RetainedEarningsAccumulatedLosses 2024-11-27 07434157 frs-bus:PrivateLimitedCompanyLtd 2023-11-28 2024-11-27 07434157 frs-bus:FilletedAccounts 2023-11-28 2024-11-27 07434157 frs-bus:SmallEntities 2023-11-28 2024-11-27 07434157 frs-bus:AuditExempt-NoAccountantsReport 2023-11-28 2024-11-27 07434157 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-28 2024-11-27 07434157 frs-bus:Director1 2023-11-28 2024-11-27 07434157 frs-bus:CompanySecretary1 2023-11-28 2024-11-27 07434157 frs-countries:EnglandWales 2023-11-28 2024-11-27 07434157 2022-11-30 07434157 2023-11-27 07434157 2022-12-01 2023-11-27 07434157 frs-core:CurrentFinancialInstruments 2023-11-27 07434157 frs-core:Non-currentFinancialInstruments 2023-11-27 07434157 frs-core:ShareCapital 2023-11-27 07434157 frs-core:RetainedEarningsAccumulatedLosses 2023-11-27
Registered number: 07434157
Last Seconds (UK) Limited
Unaudited Financial Statements
For The Year Ended 27 November 2024
Bennett Verby Limited
7 St Petersgate
Stockport
Cheshire
SK1 1EB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 07434157
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 312,226 6,000
312,226 6,000
CURRENT ASSETS
Stocks 5 295,333 719,891
Debtors 6 2,614,811 2,063,461
Cash at bank and in hand 98 4
2,910,242 2,783,356
Creditors: Amounts Falling Due Within One Year 7 (4,018,480 ) (3,335,954 )
NET CURRENT ASSETS (LIABILITIES) (1,108,238 ) (552,598 )
TOTAL ASSETS LESS CURRENT LIABILITIES (796,012 ) (546,598 )
Creditors: Amounts Falling Due After More Than One Year 8 (459,987 ) (517,027 )
NET LIABILITIES (1,255,999 ) (1,063,625 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (1,256,000 ) (1,063,626 )
SHAREHOLDERS' FUNDS (1,255,999) (1,063,625)
Page 1
Page 2
For the year ending 27 November 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 Atif Malik
Director
11 July 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
Last Seconds (UK) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07434157 . The registered office is Prospect House, Featherstall Road South, Oldham, OL9 6HL.
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:
Freehold NIL
Computer Equipment 3 years straight line
2.4. 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.
2.5. 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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 2)
8 2
4. Tangible Assets
Land & Property
Freehold Computer Equipment Total
£ £ £
Cost
As at 28 November 2023 6,000 800 6,800
Additions 306,226 - 306,226
As at 27 November 2024 312,226 800 313,026
Depreciation
As at 28 November 2023 - 800 800
As at 27 November 2024 - 800 800
Net Book Value
As at 27 November 2024 312,226 - 312,226
As at 28 November 2023 6,000 - 6,000
5. Stocks
2024 2023
£ £
Finished goods 295,333 719,891
6. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings 2,267,353 1,746,566
Other debtors 347,458 316,895
2,614,811 2,063,461
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,393 609
Bank loans and overdrafts 6,629 6,629
Amounts owed to group undertakings 3,570,148 2,443,440
Other creditors 322,239 618,772
Taxation and social security 116,071 266,504
4,018,480 3,335,954
Page 4
Page 5
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 21,829 26,947
Other loans 438,158 490,080
459,987 517,027
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
10. Related Party Transactions
Included in other debtors are the following balances owed by Individuals or companies that either have a business relationship with or are either wholly or partially owned by Mr Atif Riaz Malik sole shareholder and Director of Last Seconds (UK) Limited.
Related by Ownership
• A M Kitchen and bar Limited owed the company £63,806 (2023: £63,806)
• Last Seconds Manchester Limited owed the company £42,989 (2023: £78,047)
• The Perfume Gallery Limited owed the company £830 (2023: £830)
• Stoke Green Estates Limited owed the company £176,436 (2023: £172,443)
• Northwest Properties Manchester Ltd owed the company £574,938 (2023: £326,440)
• AJ Estate Ribchester Limited owed the company £291,012 (2023: £104,234)
• AMS Trade GB Limited owed the company £46,272 (2023: £36,817)
• Legal Consultation Limited owed the company £5,554 (2023: £5,554)
• AMR Investment Properties Limited owed the company £2,700 (2023: £2,700)
• Properties Northwest Limited owed the company £59,536 (2023: £59,536)
• Properties M/C Limited owed the company £30,500 (2023: £30,500)
• Berkley Ross Limited owed the company £5,000 (2023: £5,000)
• Msl 52 Limited owed the company £3,315 (2023: £3,315)
• Station Yard PVT Limited owed the company £24,780 (2023: £24,780)
• HA Properties NW Limited owed the company £1,714 (2023: £1,714)
• AI Mcr Limited owed the company £96,738 (2023: £79,975)
• Habitat Living Wrexham Limited owed the company £70,796 (2023: £67,846)
• TM Property NW Limited owed the company £47,211 (2023: £16,562)
• Ince Green Properties Limited owed the company £82,791 (2023: £79,634)
• AM Housing Limited owed the company £93,670 (2023: 93,670)
• Bradford International Management Limited owed the company £37,221 (2023: 37,221)
• JD Properties Mcr Limited owed the company £25,000 (2023: 25,000)
• My UK Management Limited owed the company £23,092 (2023: £21,342)
• Conceptial Development Limited owed the company £92,250 (2023: £92,250)
• AJ Estate Limited owed the company NIL (2023: £18,412)
• Habitat Living Preston Limited owed the company £146,344 (2023: £154,781)
• Properties Investment NW Limited owed the company NIL (2023: £2,459)
• MA Estates Oldham Limited owed the company £5,119 (2023: £1,509)
• AP Real Estate Limited owed the company £225 (2023: NIL)
• AMS Acquisition Limited owed the company £4,796 (2023: NIL)
• AK Estates Limited owed the company £5,258 (2023: NIL)
• Fifteen Oldham Limited owed the company £4,655 (2023: NIL)
• John Street Properties Limited owed the company £3,003 (2023: NIL)
• Kelmar Software properties Limited owed the company £4,988 (2023: NIL)
• Newcastle Estates NE Limited owed the company £1,447 (2023: NIL)
• Part Exchange Properties Limited owed the company £11,495 (2023: NIL)
• Saudi British Developer Group Limited owed the company £1,339 (2023: NIL)
• SBDG002 Limited owed the company £3,225 (2023: NIL)
• HS Properties Group Limited owed the company £85,434 (2023: NIL)
• City UK Properties Limited owed the company £7,829 (2023: £118,380 owed by the company)
• AM Estates Limited owed the company £83,934 (2023: NIL)
Connected People
• Nosheen Sadaf owed the company £10,000 (2023: £10,000)
• Mazen Alzamel owed the company £120,500 (2023: £120,500)
• Mr L Darboe owed the company £1,000 (2023: £1,000)
• Salma Patel owed the company £16,500 (2023: £3,000)
...CONTINUED
Page 5
Page 6
10. Related Party Transactions - continued
• Fozia Siddique owed the company £500 (2023: £500)
• Eram Maqsod owed the company £3,000 (2023: £3,000)
• Hasan Akhar owed the company  NIL (2023: £2,741)
• Muttayab Mahmood owed the company £4,000 (2023: £4,000)
• Neamat A Sarda owed the company £7,062 (2023: £7,062)
• Y R Lokhat owed the company £2,211 (2023: £2,211)
• Sukhavat Singh owed the company £15,903 (2023: 15,903)
• Nadeer Mohamed owed the company NIL (2023: 19,675)
• Aleem Nasir owed the company £15,500 (2023: £15,500)
• S A Shah owed the company £12,000 (2023: £12,000)
• Aneesa Patel owed the company £35,000 (2023: £35,000)
• Rishiraj Somaya owed the company £NIL (2023: £59,750)
• Shazia Ansari owed the company £500 (2023: NIL)
Included in other creditors are the following balances owed by Individuals or companies that either have a business relationship with or are either wholly or partially owned by Mr Atif Riaz Malik sole shareholder and Director of Last Seconds (UK) Limited.
Related by Ownership
• Alex Hunt Estate Sales Limited were owed £183,615 (2023: £122,859)
• Portfolio Lets UK Limited were owed £398,312 (2023: £177,164)
• Venture Alliance Consultancy Limited were owed £76,187 (2023: £42,218)
• Emporium Gulf FZE were owed £14,000 (2023: £14,000)
• Grecian Mill Limited were owed £18,465 (2023: £18,465)
• A&S MCR Limited were owed £300,466 (2023: £346,231)
• School Lane Development Wrexham Limited were owed £3,000 (2023: £3,000)
• AMHA Property Group Limited were owed £35,646 (2022: £31,666)
• Conceptial Development Limited were owed £23,000 (2023: £23,000)
• Napier Court Investment Limited were owed £415,390 (2023: £415,390)
• Portfolio Lets Limited were owed £29,371 (2023: £36,331)
• S2 Foods Limited were owed £155,000 (2023: £155,000)
• Property Group MCR Limited were owed £76,204 (2023: £97,865)
• AMS Car Leasing Limited were owed £15,940 (2023: £15,940)
• Northwest Securities Limited were owed £109,325 (2023: £36,205)
• Sutton CA Limited were owed £10,750 (2023: £10,750)
• City Holding MCR Limited were owed £150,589 (2023: 150,589)
• UK Investments PVT Limited were owed £206,328 (2023: £107,294)
• Matex International Limited were owed £133,597 (2023: £115,325)
• Wasim Akram And Emile Heskey Sports Academy Limited were owed £72,358 (2023: £72,989)
• Retailer UK Limited were owed £773 (2023: £13,767)
• Value Developments Limited were owed £225,892 (2023: £114,518)
• Regalbourne Developments Limited were owed £649,429 (2023: NIL)
• AMS Acquisitions 1 Limited were owed £5,448 (2023: 6,552 owed to the company) 
• AM Estates Liverpool Limited were owed £56,569 (2023: £133,636 owed to the company)
Connected Companies
• EET Holdings Ltd were owed £100,000 (2023: £100,000)
• BMI Project UK Limited were owed £91,500 (2023: £91,500)
• SSH Trading Limited were owed £12,993 (2023: £12,993)
• Arctic Properties Limited were owed NIL (2023: £42,573)
• JCC Property Limited were owed £5,000 (2023: £5,000)
• HSK Solicitors LLP were owed NIL (2023: £34,241)
• Lancaster Works were owed £4,000 (2023: £4,000)
• Ara Property Group were owed £8,000 (2023: NIL)
Connected People
• A Anward  was owed £5,250 (2022: £5,250)
• AH Shah was owed £4,500 (2023: £4,500)
• Moayyadi Z & MH Mustansir were owed £5,500 (2023: £5,500)
• Maqsood was owed £40,000 (2023: £40,000)
• Fatima Khawaja was owed £8,800 (2023: £8,800)
• Nader Mohammed was owed NIL (2023: £19,686)
• Sara Derouc was owed £9,200 (2023: £9,200)
• Rishiraj Somaya was owed NIL (2023: 50,252)
• Aalya Patel was owed £35,000 (2023: £35,000)
• H Akhtar was owed £4,124 (2023: £7,976)
• Tahir Mahmood was owed £1,215 (2023: £5,315)
• S Kodari Shakti was owed £45,000 (2023: £45,000)
...CONTINUED
Page 6
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10. Related Party Transactions - continued
• Mendiratta KK was owed £50,000 (2023: 50,000)
• Mr A Abasi was owed £5,000 (2023: £5,000)
• Farah Morgan was owed £1,195 (2023: NIL)
• Ayyaz Ahmad was owed £24,000 (2023: NIL)
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