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 08234645 Mr Syed Kashif Zafar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08234645 2023-10-31 08234645 2024-10-31 08234645 2023-11-01 2024-10-31 08234645 frs-core:CurrentFinancialInstruments 2024-10-31 08234645 frs-core:Non-currentFinancialInstruments 2024-10-31 08234645 frs-core:ComputerEquipment 2024-10-31 08234645 frs-core:ComputerEquipment 2023-11-01 2024-10-31 08234645 frs-core:ComputerEquipment 2023-10-31 08234645 frs-core:FurnitureFittings 2024-10-31 08234645 frs-core:FurnitureFittings 2023-11-01 2024-10-31 08234645 frs-core:FurnitureFittings 2023-10-31 08234645 frs-core:PlantMachinery 2024-10-31 08234645 frs-core:PlantMachinery 2023-11-01 2024-10-31 08234645 frs-core:PlantMachinery 2023-10-31 08234645 frs-core:ShareCapital 2024-10-31 08234645 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 08234645 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 08234645 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 08234645 frs-bus:SmallEntities 2023-11-01 2024-10-31 08234645 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 08234645 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 08234645 frs-bus:Director1 2023-11-01 2024-10-31 08234645 frs-countries:EnglandWales 2023-11-01 2024-10-31 08234645 2022-10-31 08234645 2023-10-31 08234645 2022-11-01 2023-10-31 08234645 frs-core:CurrentFinancialInstruments 2023-10-31 08234645 frs-core:Non-currentFinancialInstruments 2023-10-31 08234645 frs-core:ShareCapital 2023-10-31 08234645 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 08234645
SKZ CONSULTING LTD
Unaudited Financial Statements
For The Year Ended 31 October 2024
SKZ Chartered Certified Accountants
Chartered Certified Accountants
Unit 1,Kataria Point,
1 Riches Road,
Ilford
Essex
IG1 1JH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08234645
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 12,261 12,971
12,261 12,971
CURRENT ASSETS
Debtors 5 12,581 9,379
Cash at bank and in hand 14,361 15,952
26,942 25,331
Creditors: Amounts Falling Due Within One Year 6 (32,432 ) (23,851 )
NET CURRENT ASSETS (LIABILITIES) (5,490 ) 1,480
TOTAL ASSETS LESS CURRENT LIABILITIES 6,771 14,451
Creditors: Amounts Falling Due After More Than One Year 7 (5,820 ) (9,354 )
NET ASSETS 951 5,097
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 851 4,997
SHAREHOLDERS' FUNDS 951 5,097
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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 Syed Kashif Zafar
Director
10/07/2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
SKZ CONSULTING LTD is a private company, limited by shares, incorporated in England & Wales, registered number 08234645 . The registered office is 1 Riches Road, Ilford, Essex, IG1 1JH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Plant & Machinery 25% Reducing balance
Fixtures & Fittings 25% Reducing balance
Computer Equipment 33.33% 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.
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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 4 (2023: 2)
4 2
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2023 5,400 11,637 19,548 36,585
Additions 3,162 1,170 - 4,332
As at 31 October 2024 8,562 12,807 19,548 40,917
Depreciation
As at 1 November 2023 3,525 9,136 10,953 23,614
Provided during the period 1,259 918 2,865 5,042
As at 31 October 2024 4,784 10,054 13,818 28,656
Net Book Value
As at 31 October 2024 3,778 2,753 5,730 12,261
As at 1 November 2023 1,875 2,501 8,595 12,971
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 398 1,796
Prepayments and accrued income 7,333 2,833
Other debtors 4,250 4,250
Amounts owed by associates 600 500
12,581 9,379
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 304 7,818
Corporation tax 3,149 4,316
Other taxes and social security 1,631 164
VAT 5,052 6,764
Net wages 4,157 -
Accruals and deferred income 1,700 4,335
Director's loan account 16,439 454
32,432 23,851
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 5,820 9,354
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8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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