Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 08826468 Mr Charan Neela iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08826468 2023-12-31 08826468 2024-12-31 08826468 2024-01-01 2024-12-31 08826468 frs-core:CurrentFinancialInstruments 2024-12-31 08826468 frs-core:Non-currentFinancialInstruments 2024-12-31 08826468 frs-core:ComputerEquipment 2024-12-31 08826468 frs-core:ComputerEquipment 2024-01-01 2024-12-31 08826468 frs-core:ComputerEquipment 2023-12-31 08826468 frs-core:FurnitureFittings 2024-12-31 08826468 frs-core:FurnitureFittings 2024-01-01 2024-12-31 08826468 frs-core:FurnitureFittings 2023-12-31 08826468 frs-core:MotorVehicles 2024-12-31 08826468 frs-core:MotorVehicles 2024-01-01 2024-12-31 08826468 frs-core:MotorVehicles 2023-12-31 08826468 frs-core:ShareCapital 2024-12-31 08826468 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 08826468 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08826468 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 08826468 frs-bus:SmallEntities 2024-01-01 2024-12-31 08826468 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 08826468 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 08826468 frs-core:CostValuation 2023-12-31 08826468 frs-core:CostValuation 2024-12-31 08826468 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 08826468 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 08826468 frs-bus:Director1 2024-01-01 2024-12-31 08826468 frs-countries:EnglandWales 2024-01-01 2024-12-31 08826468 2022-12-31 08826468 2023-12-31 08826468 2023-01-01 2023-12-31 08826468 frs-core:CurrentFinancialInstruments 2023-12-31 08826468 frs-core:Non-currentFinancialInstruments 2023-12-31 08826468 frs-core:ShareCapital 2023-12-31 08826468 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 08826468
Infortecorp Solutions Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08826468
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 22,119 18,589
Investments 5 17,750 17,750
39,869 36,339
CURRENT ASSETS
Debtors 6 12,600 -
Cash at bank and in hand 5,520 46,456
18,120 46,456
Creditors: Amounts Falling Due Within One Year 7 (9,652 ) (47,937 )
NET CURRENT ASSETS (LIABILITIES) 8,468 (1,481 )
TOTAL ASSETS LESS CURRENT LIABILITIES 48,337 34,858
Creditors: Amounts Falling Due After More Than One Year 8 (28,333 ) (32,083 )
NET ASSETS 20,004 2,775
CAPITAL AND RESERVES
Called up share capital 9 10 10
Profit and Loss Account 19,994 2,765
SHAREHOLDERS' FUNDS 20,004 2,775
Page 1
Page 2
For the year ending 31 December 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 his 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 Charan Neela
Director
08/01/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Infortecorp Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08826468 . The registered office is 5 Backwell Street, Broughton, Aylesbury, HP22 7EX.
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:
Motor Vehicles 20%
Fixtures & Fittings 20%
Computer Equipment 20%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 14,698 12,362 17,343 44,403
Additions - - 9,061 9,061
As at 31 December 2024 14,698 12,362 26,404 53,464
Depreciation
As at 1 January 2024 10,845 5,207 9,762 25,814
Provided during the period 771 1,431 3,329 5,531
As at 31 December 2024 11,616 6,638 13,091 31,345
Net Book Value
As at 31 December 2024 3,082 5,724 13,313 22,119
As at 1 January 2024 3,853 7,155 7,581 18,589
Page 3
Page 4
5. Investments
Other
£
Cost
As at 1 January 2024 17,750
As at 31 December 2024 17,750
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 17,750
As at 1 January 2024 17,750
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 12,600 -
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,197 1,138
Bank loans and overdrafts 3,750 5,000
Other taxes and social security - 305
VAT 3,705 11,494
Accruals and deferred income - 30,000
9,652 47,937
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 28,333 32,083
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
10. Dividends
Page 4