Acorah Software Products - Accounts Production 16.4.675 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 13205079 Mrs E M Pilacik iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13205079 2024-01-31 13205079 2025-01-31 13205079 2024-02-01 2025-01-31 13205079 frs-core:RevaluationReserve 2024-02-01 2025-01-31 13205079 frs-core:RevaluationReserve 2025-01-31 13205079 frs-core:ShareCapital 2025-01-31 13205079 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 13205079 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 13205079 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 13205079 frs-bus:SmallEntities 2024-02-01 2025-01-31 13205079 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 13205079 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 13205079 frs-bus:Director1 2024-02-01 2025-01-31 13205079 frs-countries:EnglandWales 2024-02-01 2025-01-31 13205079 2023-01-31 13205079 2024-01-31 13205079 2023-02-01 2024-01-31 13205079 frs-core:CurrentFinancialInstruments 2024-01-31 13205079 frs-core:RevaluationReserve 2024-01-31 13205079 frs-core:ShareCapital 2024-01-31 13205079 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 13205079
Bix & Oshin Development Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2025
Andrew Herring & Co
Chartered Certified Accountants
40 Clarence Road
Chesterfield
S40 1LQ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13205079
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 300,000 70,000
300,000 70,000
CURRENT ASSETS
Stocks 5 - 144,108
Debtors 6 1,181 4,662
Cash at bank and in hand 8 80
1,189 148,850
Creditors: Amounts Falling Due Within One Year 7 (369,990 ) (228,226 )
NET CURRENT ASSETS (LIABILITIES) (368,801 ) (79,376 )
TOTAL ASSETS LESS CURRENT LIABILITIES (68,801 ) (9,376 )
NET LIABILITIES (68,801 ) (9,376 )
CAPITAL AND RESERVES
Called up share capital 8 100 4
Revaluation reserve 9 29,523 -
Profit and Loss Account (98,424 ) (9,380 )
SHAREHOLDERS' FUNDS (68,801) (9,376)
For the year ending 31 January 2025 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
Mrs E M Pilacik
Director
01/05/2025
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
Bix & Oshin Development Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13205079 . The registered office is 54 New Bedford Road, Luton, LU1 1SH.
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. 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.
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Investment Property
2025
£
Fair Value
As at 1 February 2024 70,000
Additions 200,477
Revaluations 29,523
As at 31 January 2025 300,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2025 2024
£ £
Cost 270,477 -
The investment properties were valued on an open market basis on 31 January 2025 by E M Pilacik, director.
5. Stocks
2025 2024
£ £
Stock - 144,108
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 1,181 4,662
Page 2
Page 3
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 2,937
Other creditors 369,990 225,289
369,990 228,226
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 4
9. Reserves
Revaluation Reserve
£
Surplus on revaluation 29,523
As at 31 January 2025 29,523
Page 3