Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 22 December 2022 false 1 January 2024 31 December 2024 31 December 2024 14554053 Mr Rashid KHAN iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14554053 2023-12-31 14554053 2024-12-31 14554053 2024-01-01 2024-12-31 14554053 frs-core:CurrentFinancialInstruments 2024-12-31 14554053 frs-core:Non-currentFinancialInstruments 2024-12-31 14554053 frs-core:ComputerEquipment 2024-12-31 14554053 frs-core:ComputerEquipment 2024-01-01 2024-12-31 14554053 frs-core:ComputerEquipment 2023-12-31 14554053 frs-core:ShareCapital 2024-12-31 14554053 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 14554053 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 14554053 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 14554053 frs-bus:SmallEntities 2024-01-01 2024-12-31 14554053 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 14554053 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 14554053 frs-bus:Director1 2024-01-01 2024-12-31 14554053 frs-countries:EnglandWales 2024-01-01 2024-12-31 14554053 2022-12-21 14554053 2023-12-31 14554053 2022-12-22 2023-12-31 14554053 frs-core:CurrentFinancialInstruments 2023-12-31 14554053 frs-core:Non-currentFinancialInstruments 2023-12-31 14554053 frs-core:ShareCapital 2023-12-31 14554053 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 14554053
EKUITAS VENTURES II LIMITED
Unaudited Financial Statements
For The Year Ended 31 December 2024
Suite 110w Sterling House,
Langston Road,
Loughton
IG10 3TS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14554053
31 December 2024 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,644 14,200
11,644 14,200
CURRENT ASSETS
Stocks 5 742,500 742,500
Debtors 6 208,625 206,170
Cash at bank and in hand 1,860 2,500
952,985 951,170
Creditors: Amounts Falling Due Within One Year 7 (2,972 ) (3,170 )
NET CURRENT ASSETS (LIABILITIES) 950,013 948,000
TOTAL ASSETS LESS CURRENT LIABILITIES 961,657 962,200
Creditors: Amounts Falling Due After More Than One Year 8 (964,113 ) (962,100 )
NET (LIABILITIES)/ASSETS (2,456 ) 100
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (2,556 ) -
SHAREHOLDERS' FUNDS (2,456) 100
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 Rashid KHAN
Director
16/07/2025
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
EKUITAS VENTURES II LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 14554053 . The registered office is Suite 110w Sterling House, , Langston Road,, Loughton,, United Kingdom,, IG10 3TS.
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. 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 18%
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: 1 (2023: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 17,317
As at 31 December 2024 17,317
Depreciation
As at 1 January 2024 3,117
Provided during the period 2,556
As at 31 December 2024 5,673
Net Book Value
As at 31 December 2024 11,644
As at 1 January 2024 14,200
5. Stocks
31 December 2024 31 December 2023
£ £
Finished goods 742,500 742,500
Page 3
Page 4
6. Debtors
31 December 2024 31 December 2023
£ £
Due within one year
Other debtors 208,625 206,170
7. Creditors: Amounts Falling Due Within One Year
31 December 2024 31 December 2023
£ £
Trade creditors 2,972 3,170
8. Creditors: Amounts Falling Due After More Than One Year
31 December 2024 31 December 2023
£ £
Trade creditors 418,000 418,000
Other creditors 546,113 544,100
964,113 962,100
9. Share Capital
31 December 2024 31 December 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4