Acorah Software Products - Accounts Production 16.4.675 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 13290554 Miss S B Williams Mr A Townsend iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13290554 2024-03-31 13290554 2025-03-31 13290554 2024-04-01 2025-03-31 13290554 frs-core:CurrentFinancialInstruments 2025-03-31 13290554 frs-core:Non-currentFinancialInstruments 2025-03-31 13290554 frs-core:ComputerEquipment 2025-03-31 13290554 frs-core:ComputerEquipment 2024-04-01 2025-03-31 13290554 frs-core:ComputerEquipment 2024-03-31 13290554 frs-core:ShareCapital 2025-03-31 13290554 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 13290554 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13290554 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 13290554 frs-bus:SmallEntities 2024-04-01 2025-03-31 13290554 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 13290554 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 13290554 frs-bus:Director1 2024-04-01 2025-03-31 13290554 frs-bus:Director2 2024-04-01 2025-03-31 13290554 frs-countries:EnglandWales 2024-04-01 2025-03-31 13290554 2023-03-31 13290554 2024-03-31 13290554 2023-04-01 2024-03-31 13290554 frs-core:CurrentFinancialInstruments 2024-03-31 13290554 frs-core:Non-currentFinancialInstruments 2024-03-31 13290554 frs-core:ShareCapital 2024-03-31 13290554 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 13290554
Sefi Sefi Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13290554
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 471 588
471 588
CURRENT ASSETS
Stocks 5 174,147 114,540
Debtors 6 5,550 1,673
Cash at bank and in hand 28,093 23,386
207,790 139,599
Creditors: Amounts Falling Due Within One Year 7 (57,492 ) (255,933 )
NET CURRENT ASSETS (LIABILITIES) 150,298 (116,334 )
TOTAL ASSETS LESS CURRENT LIABILITIES 150,769 (115,746 )
Creditors: Amounts Falling Due After More Than One Year 8 (197,000 ) -
NET LIABILITIES (46,231 ) (115,746 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (46,331 ) (115,846 )
SHAREHOLDERS' FUNDS (46,231) (115,746)
Page 1
Page 2
For the year ending 31 March 2025 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 A Townsend
Director
22 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
Sefi Sefi Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13290554 . The registered office is 253b Munster Road, London, SW6 6BS.
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 directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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% on reducing balance
2.5. 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.
2.6. Taxation
The tax currently payable is based on taxable profit for the year. 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.
Page 3
Page 4
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2024 919
As at 31 March 2025 919
Depreciation
As at 1 April 2024 331
Provided during the period 117
As at 31 March 2025 448
Net Book Value
As at 31 March 2025 471
As at 1 April 2024 588
5. Stocks
2025 2024
£ £
Finished goods 174,147 114,540
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 5,550 1,673
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 5,089 27,095
Other creditors 52,403 228,838
57,492 255,933
Page 4
Page 5
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other loans 197,000 -
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
10. Related Party Transactions
Other loans include interest free loans from Weglow App Ltd of £108,000 (2024 : £98,000), ART Property Estates Ltd of £Nil (2024: £50,309), Sw Fit Ltd of £73,000 (2024 : £65,5000) and A&S Property Estates Ltd of 16,000 ( 2024 ;£13,500l), the directors have controlling interest in all these companies.
Page 5