Acorah Software Products - Accounts Production 16.4.675 false true true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 12256733 Mrs Ionela Ciordas Mr Prasanna Kirubakaran true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12256733 2023-10-31 12256733 2024-10-31 12256733 2023-11-01 2024-10-31 12256733 frs-core:CurrentFinancialInstruments 2024-10-31 12256733 frs-core:Non-currentFinancialInstruments 2024-10-31 12256733 frs-core:ShareCapital 2024-10-31 12256733 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 12256733 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 12256733 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 12256733 frs-bus:SmallEntities 2023-11-01 2024-10-31 12256733 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 12256733 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 12256733 frs-bus:OrdinaryShareClass1 2023-11-01 2024-10-31 12256733 frs-bus:OrdinaryShareClass1 2024-10-31 12256733 1 2023-11-01 2024-10-31 12256733 frs-bus:Director1 2023-11-01 2024-10-31 12256733 frs-bus:Director2 2023-11-01 2024-10-31 12256733 frs-countries:EnglandWales 2023-11-01 2024-10-31 12256733 2022-10-31 12256733 2023-10-31 12256733 2022-11-01 2023-10-31 12256733 frs-core:CurrentFinancialInstruments 2023-10-31 12256733 frs-core:Non-currentFinancialInstruments 2023-10-31 12256733 frs-core:ShareCapital 2023-10-31 12256733 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 12256733 frs-bus:OrdinaryShareClass1 2022-11-01 2023-10-31
Registered number: 12256733
Malar Capital Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Adbell Advisory Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12256733
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 28,183 38,800
Cash at bank and in hand 40 125
28,223 38,925
Creditors: Amounts Falling Due Within One Year 5 (3,551 ) (1,800 )
NET CURRENT ASSETS (LIABILITIES) 24,672 37,125
TOTAL ASSETS LESS CURRENT LIABILITIES 24,672 37,125
Creditors: Amounts Falling Due After More Than One Year 6 (31,213 ) (41,336 )
NET LIABILITIES (6,541 ) (4,211 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (6,641 ) (4,311 )
SHAREHOLDERS' FUNDS (6,541) (4,211)
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 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 Profit and Loss Account.
On behalf of the board
Mr Prasanna Kirubakaran
Director
28/07/2025
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
Malar Capital Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12256733 . The registered office is Birchin Court, 20 Birchin Lane, London, EC3V 9DJ.
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. Going Concern Disclosure
The financial statements have been prepared on a going concern basis. The company has obtained undertakings from its shareholders that they will continue to support the company for the foreseeable future and meet all third-party liabilities as they fall due. Given this undertaking, the directors consider it appropriate to adopt a going concern basis in preparing the financial statements.
2.3. Financial Instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'OtherFinancial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's statement of financial position when the company becomesparty to the contractual provisions of the instrument.
Financial assets and liabilities are offset , with the net amounts presented in the financial statements , when thereis alegally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or torealise the asset and settle the liability simultaneously
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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.
2.6. Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-termliquid investmentswith original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings incurrent liabilities.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 2
Page 3
4. Debtors
2024 2023
£ £
Due within one year
VAT 425 -
Due after more than one year
Other debtors 27,758 38,800
28,183 38,800
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,551 -
Accruals and deferred income 1,000 1,800
3,551 1,800
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans 31,213 41,336
7. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
8. Ultimate Controlling Party
The company's ultimate controlling parties are Mr Prasanna Kirubakaran and Mrs Ionela Ciordas.
Page 3