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 09602615 Ms D K Sullivan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09602615 2023-10-31 09602615 2024-10-31 09602615 2023-11-01 2024-10-31 09602615 frs-core:CurrentFinancialInstruments 2024-10-31 09602615 frs-core:ComputerEquipment 2024-10-31 09602615 frs-core:ComputerEquipment 2023-11-01 2024-10-31 09602615 frs-core:ComputerEquipment 2023-10-31 09602615 frs-core:ShareCapital 2024-10-31 09602615 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 09602615 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 09602615 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 09602615 frs-bus:SmallEntities 2023-11-01 2024-10-31 09602615 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 09602615 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 09602615 frs-core:UnlistedNon-exchangeTraded 2024-10-31 09602615 frs-core:UnlistedNon-exchangeTraded 2023-10-31 09602615 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-10-31 09602615 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-10-31 09602615 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-10-31 09602615 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-10-31 09602615 frs-bus:Director1 2023-11-01 2024-10-31 09602615 frs-countries:EnglandWales 2023-11-01 2024-10-31 09602615 2022-10-31 09602615 2023-10-31 09602615 2022-11-01 2023-10-31 09602615 frs-core:CurrentFinancialInstruments 2023-10-31 09602615 frs-core:ShareCapital 2023-10-31 09602615 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 09602615
Nucleus Newport Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
HSJ Accountants Ltd
Contents
Page
Company Information 1
Balance Sheet 2
Notes to the Financial Statements 3—6
Page 1
Company Information
Director Ms D K Sullivan
Company Number 09602615
Registered Office Severn House
Hazell Drive
Newport
Gwent
NP10 8FY
Accountants HSJ Accountants Ltd
Severn House
Hazell Drive
Newport
NP10 8FY
Page 1
Page 2
Balance Sheet
Registered number: 09602615
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,435 5,847
Investments 5 8,759 8,759
11,194 14,606
CURRENT ASSETS
Debtors 6 2,352,093 1,894,240
Cash at bank and in hand 128,329 320,092
2,480,422 2,214,332
Creditors: Amounts Falling Due Within One Year 7 (1,460,148 ) (1,400,882 )
NET CURRENT ASSETS (LIABILITIES) 1,020,274 813,450
TOTAL ASSETS LESS CURRENT LIABILITIES 1,031,468 828,056
NET ASSETS 1,031,468 828,056
CAPITAL AND RESERVES
Called up share capital 8 210 210
Profit and Loss Account 1,031,258 827,846
SHAREHOLDERS' FUNDS 1,031,468 828,056
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 her 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
Ms D K Sullivan
Director
23 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
Nucleus Newport Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09602615 . The registered office is Severn House, Hazell Drive, Newport, Gwent, NP10 8FY.
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:
Computer Equipment 20% Straight line
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: 3 (2023: 3)
3 3
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 November 2023 18,261
As at 31 October 2024 18,261
Depreciation
As at 1 November 2023 12,414
Provided during the period 3,412
As at 31 October 2024 15,826
Net Book Value
As at 31 October 2024 2,435
As at 1 November 2023 5,847
5. Investments
Unlisted
£
Cost
As at 1 November 2023 8,759
As at 31 October 2024 8,759
Provision
As at 1 November 2023 -
As at 31 October 2024 -
Net Book Value
As at 31 October 2024 8,759
As at 1 November 2023 8,759
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Subsidiary undertakings 
Nucleus Consultancy Services Inc 
Registered Office 4701, Patrick Henry Drive, Suite 25, Santa Clara, CA 94085, USA 
100% Ordinary Shares 
The principal activity of Nucleus Consultancy Services Inc is that of consultancy and support services.
Nucleus Corporate Services Pvt Ltd 
Registered Office 107, Lodha Supremus Road, No22, Wagle Estate, Thane - 400 604, Maharashtra, India 
99% Ordinary Shares 
The principal activity of Nucleus Corporate Services Pvt Ltd is that of consultancy and support services.
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6. Debtors
2024 2023
£ £
Due within one year
Other debtors 2,352,093 1,894,240
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Amounts owed to group undertakings 54,674 55,703
Other creditors 1,069,399 848,530
Taxation and social security 336,075 496,649
1,460,148 1,400,882
8. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid 110 110
Called Up Share Capital has been paid up 100 100
Amount of Allotted, Called Up Share Capital 210 210
9. Related Party Transactions
Mrs Vyoma NairShareholderDuring the year, Mrs V Nair received a salary of £351,741 (2023:£425,169)

Mrs Vyoma Nair

Shareholder

During the year, Mrs V Nair received a salary of £351,741 (2023:£425,169)

Mr Shankaran NairShareholderDuring the year, Mr Nair received a salary of £351,741 (2023:£425,169) and commission of £28,804 (2023:£36,780)

Mr Shankaran Nair

Shareholder

During the year, Mr Nair received a salary of £351,741 (2023:£425,169) and commission of £28,804 (2023:£36,780)

Hiralal LLCCommon shareholdersDuring the year the company paid professional services to Hiralal LLC of £294,774 (2023:£190,262)

Hiralal LLC

Common shareholders

During the year the company paid professional services to Hiralal LLC of £294,774 (2023:£190,262)

Support Services LLCCommon director and shareholderDuring the year, the company paid professioinal services to Support Services LLC of £715,596 (2023:£743,573)

Support Services LLC

Common director and shareholder

During the year, the company paid professioinal services to Support Services LLC of £715,596 (2023:£743,573)

Nucleus Bristol LtdCommon director and shareholderDuring the year, the company paid professional services to Nucleus Bristol Ltd of £279,430 (2023: £390,706)

Nucleus Bristol Ltd

Common director and shareholder

During the year, the company paid professional services to Nucleus Bristol Ltd of £279,430 (2023: £390,706)

Nucleus Consultancy Services Pte LtdCommon director and shareholderDuring the year the company (paid) received professional services of £1,576,655 (2023;£1,185,655) At the balance sheet date , the amount due to (from) Nucleus Consultancy Services Pte Ltd was £(1,405,253) (2023:£(1,031,868))

Nucleus Consultancy Services Pte Ltd

Common director and shareholder

During the year the company (paid) received professional services of £1,576,655 (2023;£1,185,655) At the balance sheet date , the amount due to (from) Nucleus Consultancy Services Pte Ltd was £(1,405,253) (2023:£(1,031,868))

Nucleus Corporate Services Pvt LtdSubsidiaryDuring the year, the comany received (paid) consultancy services from/(to) Nucleus Corporate Services Pvt Ltd totalling £(1,043,045) (2023:£(978,928)). At the balance date the amount due to Nucleus Corporate Services Pvt Ltd was £179,581 (2023:£124,738)

Nucleus Corporate Services Pvt Ltd

Subsidiary

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During the year, the comany received (paid) consultancy services from/(to) Nucleus Corporate Services Pvt Ltd totalling £(1,043,045) (2023:£(978,928)). At the balance date the amount due to Nucleus Corporate Services Pvt Ltd was £179,581 (2023:£124,738)

Nucleus Consultancy Services IncSubsiidiaryDuring the year, the company received (paid) expenses from/(to) Nucleus Consultancy services INC totalling £(1,029) (2023: £nil). At the balance sheet date, the amount due to Nucleus Consultancy Services INC was £54,674 (2023:£55,703)

Nucleus Consultancy Services Inc

Subsiidiary

During the year, the company received (paid) expenses from/(to) Nucleus Consultancy services INC totalling £(1,029) (2023: £nil). At the balance sheet date, the amount due to Nucleus Consultancy Services INC was £54,674 (2023:£55,703)

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