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 11224985 Mr G Bates iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11224985 2023-12-31 11224985 2024-12-31 11224985 2024-01-01 2024-12-31 11224985 frs-core:CurrentFinancialInstruments 2024-12-31 11224985 frs-core:FurnitureFittings 2024-12-31 11224985 frs-core:FurnitureFittings 2024-01-01 2024-12-31 11224985 frs-core:FurnitureFittings 2023-12-31 11224985 frs-core:MotorVehicles 2024-12-31 11224985 frs-core:MotorVehicles 2024-01-01 2024-12-31 11224985 frs-core:MotorVehicles 2023-12-31 11224985 frs-core:PlantMachinery 2024-12-31 11224985 frs-core:PlantMachinery 2024-01-01 2024-12-31 11224985 frs-core:PlantMachinery 2023-12-31 11224985 frs-core:ShareCapital 2024-12-31 11224985 frs-core:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 11224985 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 11224985 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11224985 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 11224985 frs-bus:SmallEntities 2024-01-01 2024-12-31 11224985 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11224985 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11224985 frs-core:CostValuation 2023-12-31 11224985 frs-core:AdditionsToInvestments 2024-12-31 11224985 frs-core:DisposalsRepaymentsInvestments 2024-12-31 11224985 frs-core:RevaluationsIncreaseDecreaseInInvestments 2024-12-31 11224985 frs-core:CostValuation 2024-12-31 11224985 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 11224985 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 11224985 frs-core:UnlistedNon-exchangeTraded 2024-12-31 11224985 frs-core:UnlistedNon-exchangeTraded 2023-12-31 11224985 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 11224985 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 11224985 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 11224985 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 11224985 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 11224985 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 11224985 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 11224985 frs-bus:Director1 2024-01-01 2024-12-31 11224985 frs-countries:EnglandWales 2024-01-01 2024-12-31 11224985 2022-12-31 11224985 2023-12-31 11224985 2023-01-01 2023-12-31 11224985 frs-core:CurrentFinancialInstruments 2023-12-31 11224985 frs-core:ShareCapital 2022-12-31 11224985 frs-core:ShareCapital 2023-12-31 11224985 frs-core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 11224985 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-12-31 11224985 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 11224985
Garjoba Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—6
Page 1
Balance Sheet
Registered number: 11224985
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 25,918 8,203
Investment Properties 5 888,598 888,598
Investments 6 30,786,064 24,085,997
31,700,580 24,982,798
CURRENT ASSETS
Debtors 7 459,924 861,830
Cash at bank and in hand 409,779 4,097,171
869,703 4,959,001
Creditors: Amounts Falling Due Within One Year 8 (359,372 ) (47,400 )
NET CURRENT ASSETS (LIABILITIES) 510,331 4,911,601
TOTAL ASSETS LESS CURRENT LIABILITIES 32,210,911 29,894,399
NET ASSETS 32,210,911 29,894,399
CAPITAL AND RESERVES
Called up share capital 26 26
Profit and Loss Account 32,210,885 29,894,373
SHAREHOLDERS' FUNDS 32,210,911 29,894,399
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 G Bates
Director
30th September 2025
The notes on pages 4 to 6 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 January 2023 26 23,374,318 23,374,344
Profit for the year and total comprehensive income - 7,648,250 7,648,250
Dividends paid - (1,128,195) (1,128,195)
As at 31 December 2023 and 1 January 2024 26 29,894,373 29,894,399
Profit for the year and total comprehensive income - 2,497,970 2,497,970
Dividends paid - (181,458) (181,458)
As at 31 December 2024 26 32,210,885 32,210,911
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Garjoba Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11224985 . The registered office is 7 The Ropewalk, Nottingham, NG1 5DU.
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:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
2.3. 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.
2.4. 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: 1 (2023: 1)
1 1
Page 4
Page 5
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 January 2024 3,563 20,018 10,630 34,211
Additions 3,541 - 20,314 23,855
As at 31 December 2024 7,104 20,018 30,944 58,066
Depreciation
As at 1 January 2024 2,119 14,871 9,018 26,008
Provided during the period 830 1,286 4,024 6,140
As at 31 December 2024 2,949 16,157 13,042 32,148
Net Book Value
As at 31 December 2024 4,155 3,861 17,902 25,918
As at 1 January 2024 1,444 5,147 1,612 8,203
5. Investment Property
2024
£
Fair Value
As at 1 January 2024 and 31 December 2024 888,598
6. Investments
Associates Unlisted Total
£ £ £
Cost
As at 1 January 2024 26 24,085,971 24,085,997
Additions - 5,748,542 5,748,542
Disposals (26 ) (253,307 ) (253,333 )
Revaluations - 1,204,858 1,204,858
As at 31 December 2024 - 30,786,064 30,786,064
Provision
As at 1 January 2024 - - -
As at 31 December 2024 - - -
Net Book Value
As at 31 December 2024 - 30,786,064 30,786,064
As at 1 January 2024 26 24,085,971 24,085,997
Page 5
Page 6
7. Debtors
2024 2023
£ £
Due within one year
Other debtors 1,155 4,570
Amounts owed by other participating interests 458,769 857,260
459,924 861,830
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 156,000 46,116
Other creditors 203,372 1,284
359,372 47,400
9. Related Party Transactions
The company is owed money by a company under common control £458,769 (2023: £857,260) This loan in not interest bearing and is repayable on demand.
At the year end the company owed the director £196,600 (2023: The director owed the company £3,415).
Page 6