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 12370121 Mr Hiren Patel Mr Nicky Patel Mr Baldev Bange iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12370121 2023-12-31 12370121 2024-12-31 12370121 2024-01-01 2024-12-31 12370121 frs-core:CurrentFinancialInstruments 2024-12-31 12370121 frs-core:Non-currentFinancialInstruments 2024-12-31 12370121 frs-core:BetweenOneFiveYears 2024-12-31 12370121 frs-core:ComputerEquipment 2024-12-31 12370121 frs-core:ComputerEquipment 2024-01-01 2024-12-31 12370121 frs-core:ComputerEquipment 2023-12-31 12370121 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 12370121 frs-core:FurnitureFittings 2024-12-31 12370121 frs-core:FurnitureFittings 2024-01-01 2024-12-31 12370121 frs-core:FurnitureFittings 2023-12-31 12370121 frs-core:NetGoodwill 2024-12-31 12370121 frs-core:NetGoodwill 2024-01-01 2024-12-31 12370121 frs-core:NetGoodwill 2023-12-31 12370121 frs-core:MotorVehicles 2024-12-31 12370121 frs-core:MotorVehicles 2024-01-01 2024-12-31 12370121 frs-core:MotorVehicles 2023-12-31 12370121 frs-core:OtherResidualIntangibleAssets 2024-12-31 12370121 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 12370121 frs-core:OtherResidualIntangibleAssets 2023-12-31 12370121 frs-core:WithinOneYear 2024-12-31 12370121 frs-core:ShareCapital 2024-12-31 12370121 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 12370121 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12370121 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 12370121 frs-bus:SmallEntities 2024-01-01 2024-12-31 12370121 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12370121 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12370121 frs-core:CostValuation 2023-12-31 12370121 frs-core:CostValuation 2024-12-31 12370121 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 12370121 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 12370121 frs-bus:Director1 2024-01-01 2024-12-31 12370121 frs-bus:Director2 2024-01-01 2024-12-31 12370121 frs-bus:Director3 2024-01-01 2024-12-31 12370121 frs-countries:EnglandWales 2024-01-01 2024-12-31 12370121 2022-12-31 12370121 2023-12-31 12370121 2023-01-01 2023-12-31 12370121 frs-core:CurrentFinancialInstruments 2023-12-31 12370121 frs-core:Non-currentFinancialInstruments 2023-12-31 12370121 frs-core:BetweenOneFiveYears 2023-12-31 12370121 frs-core:WithinOneYear 2023-12-31 12370121 frs-core:ShareCapital 2023-12-31 12370121 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 12370121
Amber Pharm Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 12370121
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 801,810 941,543
Tangible Assets 5 42,786 52,591
Investments 6 1,966,167 1,966,167
2,810,763 2,960,301
CURRENT ASSETS
Stocks 7 144,032 167,690
Debtors 8 1,585,213 1,704,132
Cash at bank and in hand 165,464 232,987
1,894,709 2,104,809
Creditors: Amounts Falling Due Within One Year 9 (1,485,863 ) (1,421,962 )
NET CURRENT ASSETS (LIABILITIES) 408,846 682,847
TOTAL ASSETS LESS CURRENT LIABILITIES 3,219,609 3,643,148
Creditors: Amounts Falling Due After More Than One Year (2,724,908 ) (3,017,206 )
NET ASSETS 494,701 625,942
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account 494,601 625,842
SHAREHOLDERS' FUNDS 494,701 625,942
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 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 Hiren Patel
Director
Mr Nicky Patel
Director
Mr Baldev Bange
Director
26/09/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Amber Pharm Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12370121 . The registered office is St James House, 65 Mere Green Road, Sutton Coldfield, West Midlands, B75 5BY.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are measured at cost less accumulated amortisation. They are amortised to profit and loss account over their estimated economic life of 5 years.
2.5. 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 10% reducing balance
Fixtures & Fittings 20% straight line
Computer Equipment 25% straight line
2.6. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.7. 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.
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2.8. 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: 25 (2023: 23)
25 23
4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 1 January 2024 1,405,000 3,238 1,408,238
Additions - 1,698 1,698
As at 31 December 2024 1,405,000 4,936 1,409,936
Amortisation
As at 1 January 2024 465,661 1,034 466,695
Provided during the period 140,500 931 141,431
As at 31 December 2024 606,161 1,965 608,126
Net Book Value
As at 31 December 2024 798,839 2,971 801,810
As at 1 January 2024 939,339 2,204 941,543
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Page 5
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 57,023 2,857 17,687 77,567
As at 31 December 2024 57,023 2,857 17,687 77,567
Depreciation
As at 1 January 2024 12,290 1,071 11,615 24,976
Provided during the period 4,942 571 4,292 9,805
As at 31 December 2024 17,232 1,642 15,907 34,781
Net Book Value
As at 31 December 2024 39,791 1,215 1,780 42,786
As at 1 January 2024 44,733 1,786 6,072 52,591
6. Investments
Subsidiaries
£
Cost or Valuation
As at 1 January 2024 3,437,318
As at 31 December 2024 3,437,318
Provision
As at 1 January 2024 1,471,151
As at 31 December 2024 1,471,151
Net Book Value
As at 31 December 2024 1,966,167
As at 1 January 2024 1,966,167
7. Stocks
2024 2023
£ £
Materials 144,032 167,690
8. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4,478 228,451
Amounts owed by group undertakings 1,245,764 1,392,096
Amounts owed by participating interests - 3,300
Other debtors 334,971 80,285
1,585,213 1,704,132
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9. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 9,400 10,761
Trade creditors 364,436 447,977
Bank loans and overdrafts 245,500 205,000
Amounts owed to group undertakings - 15,556
Amounts owed to participating interests 455,543 414,893
Other creditors 392,342 210,238
Taxation and social security 18,642 117,537
1,485,863 1,421,962
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 9,400 10,761
Later than one year and not later than five years 11,763 18,137
21,163 28,898
21,163 28,898
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
12. Related Party Transactions
The company owes £371,543 (2023: £265,893) to NH Pharm Ltd. Nicky Patel and Hiren Patel are directors of this company.
The company owes £96,900 to Baldev Bange a director and shareholder of this company.
The company owes £84,000 (2023: £149,000) to ZSA Traders Ltd. Hiren Patel is a director of this company.
The company is owed £1,245,763 (2023: £1,392,096) by Graphictrail Ltd, a wholly owned subsidiary.
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