Acorah Software Products - Accounts Production 16.4.675 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 12930403 Mr Shaheryar Bashir Mrs Shabeena Saghir Mrs Keely Adams iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12930403 2023-10-31 12930403 2024-10-31 12930403 2023-11-01 2024-10-31 12930403 frs-core:CurrentFinancialInstruments 2024-10-31 12930403 frs-core:Non-currentFinancialInstruments 2024-10-31 12930403 frs-core:InvestmentPropertyIncludedWithinPPE 2024-10-31 12930403 frs-core:InvestmentPropertyIncludedWithinPPE 2023-10-31 12930403 frs-core:ShareCapital 2024-10-31 12930403 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 12930403 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 12930403 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 12930403 frs-bus:SmallEntities 2023-11-01 2024-10-31 12930403 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 12930403 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 12930403 frs-bus:Director1 2023-11-01 2024-10-31 12930403 frs-bus:Director2 2023-11-01 2024-10-31 12930403 frs-bus:Director3 2023-11-01 2024-10-31 12930403 frs-countries:EnglandWales 2023-11-01 2024-10-31 12930403 2022-10-31 12930403 2023-10-31 12930403 2022-11-01 2023-10-31 12930403 frs-core:CurrentFinancialInstruments 2023-10-31 12930403 frs-core:Non-currentFinancialInstruments 2023-10-31 12930403 frs-core:ShareCapital 2023-10-31 12930403 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 12930403
Nazakat Enterprises Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
DRP Partners Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12930403
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 221,146 221,146
221,146 221,146
CURRENT ASSETS
Cash at bank and in hand 15,180 114
15,180 114
Creditors: Amounts Falling Due Within One Year 5 (166,037 ) (172,429 )
NET CURRENT ASSETS (LIABILITIES) (150,857 ) (172,315 )
TOTAL ASSETS LESS CURRENT LIABILITIES 70,289 48,831
Creditors: Amounts Falling Due After More Than One Year 6 (90,000 ) (90,000 )
NET LIABILITIES (19,711 ) (41,169 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (19,811 ) (41,269 )
SHAREHOLDERS' FUNDS (19,711) (41,169)
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 Shaheryar Bashir
Director
21/07/2025
The notes on pages 2 to 3 form part of these financial statements.
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Page 2
Notes to the Financial Statements
1. General Information
Nazakat Enterprises Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12930403 . The registered office is Dukes Court, 91 Wellington Street, Luton, LU1 5AF.
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 FRS 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:
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Financial Instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.
Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.


2.6. Cash and cash equivalents
Cash and cash equivalents in the statement of financial position comprise cash at banks and in hand, short term deposits with an original maturity date of one month. Cash equivalents are defined as short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
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4. Tangible Assets
Investment Properties
£
Cost
As at 1 November 2023 221,146
As at 31 October 2024 221,146
Net Book Value
As at 31 October 2024 221,146
As at 1 November 2023 221,146
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 1
Other creditors 166,036 172,428
166,037 172,429
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 90,000 90,000
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Related Party Transactions
Included in other creditors is an amount of £152,428 (2022: £231,000) owed to the directors as at the year end. The amount is interest free and repayable on demand.
Included in other creditors is an amount of £20,000 owed to a connected company with a common director.
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