Acorah Software Products - Accounts Production 16.3.350 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 10450457 Mr Iftikhar Ahmed iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10450457 2023-10-31 10450457 2024-10-31 10450457 2023-11-01 2024-10-31 10450457 frs-core:CurrentFinancialInstruments 2024-10-31 10450457 frs-core:Non-currentFinancialInstruments 2024-10-31 10450457 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 10450457 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 10450457 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-31 10450457 frs-core:ShareCapital 2024-10-31 10450457 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 10450457 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 10450457 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 10450457 frs-bus:SmallEntities 2023-11-01 2024-10-31 10450457 frs-bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 10450457 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 10450457 frs-bus:Director1 2023-11-01 2024-10-31 10450457 frs-core:CurrentFinancialInstruments 1 2024-10-31 10450457 frs-core:CurrentFinancialInstruments 2 2024-10-31 10450457 frs-countries:EnglandWales 2023-11-01 2024-10-31 10450457 2022-10-31 10450457 2023-10-31 10450457 2022-11-01 2023-10-31 10450457 frs-core:CurrentFinancialInstruments 2023-10-31 10450457 frs-core:Non-currentFinancialInstruments 2023-10-31 10450457 frs-core:ShareCapital 2023-10-31 10450457 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 10450457 frs-core:CurrentFinancialInstruments 1 2023-10-31 10450457 frs-core:CurrentFinancialInstruments 2 2023-10-31
Registered number: 10450457
Barking Heights Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Taxaudit Accountants Ltd
Chartered Certified Accountants
The Grange,
1 Central Road,
Morden
SM4 5PQ
Contents
Page
Accountant's Report 1
Balance Sheet 2
Notes to the Financial Statements 3—4
Page 1
Accountant's Report
In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the director in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the director the financial statements that we have been engaged to compile, to report to the director that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's director for our work or for this report.
You have acknowledged on the balance sheet as at year ended 31 October 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Taxaudit Accountants Ltd
17/07/2025
Taxaudit Accountants Ltd
Chartered Certified Accountants
The Grange,
1 Central Road,
Morden
SM4 5PQ
Page 1
Page 2
Balance Sheet
Registered number: 10450457
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,636,893 2,636,893
2,636,893 2,636,893
CURRENT ASSETS
Debtors 5 460,000 90,500
Cash at bank and in hand 137,586 230,670
597,586 321,170
Creditors: Amounts Falling Due Within One Year 6 (644,166 ) (610,260 )
NET CURRENT ASSETS (LIABILITIES) (46,580 ) (289,090 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,590,313 2,347,803
Creditors: Amounts Falling Due After More Than One Year 7 (2,314,105 ) (2,170,061 )
NET ASSETS 276,208 177,742
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 276,207 177,741
SHAREHOLDERS' FUNDS 276,208 177,742
For the year ending 31 October 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 Iftikhar Ahmed
Director
17/07/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Barking Heights Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10450457 . The registered office is 170 Church Road, Mitcham, Surrey, CR4 3BW.
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 20%
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 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)
- -
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 November 2023 2,636,893
As at 31 October 2024 2,636,893
Net Book Value
As at 31 October 2024 2,636,893
As at 1 November 2023 2,636,893
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 500
Black Stone Capital Ltd 110,000 90,000
London City assets 350,000 -
460,000 90,500
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 36,086 23,151
Corporation tax 32,797 27,397
VAT 3,173 2,152
Accruals and deferred income 1,200 1,200
Director's loan account 570,910 556,360
644,166 610,260
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
BBL Loans 34,250 40,206
Payless Group Ltd 2,069,855 1,919,855
Lowprice Group 210,000 210,000
2,314,105 2,170,061
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4