Acorah Software Products - Accounts Production 16.5.460 false true true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 7212141 Mr Ifran Lal true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 7212141 2024-01-31 7212141 2025-01-31 7212141 2024-02-01 2025-01-31 7212141 frs-core:CurrentFinancialInstruments 2025-01-31 7212141 frs-core:Non-currentFinancialInstruments 2025-01-31 7212141 frs-core:ComputerEquipment 2025-01-31 7212141 frs-core:ComputerEquipment 2024-02-01 2025-01-31 7212141 frs-core:ComputerEquipment 2024-01-31 7212141 frs-core:FurnitureFittings 2025-01-31 7212141 frs-core:FurnitureFittings 2024-02-01 2025-01-31 7212141 frs-core:FurnitureFittings 2024-01-31 7212141 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-31 7212141 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 7212141 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-31 7212141 frs-core:MotorVehicles 2025-01-31 7212141 frs-core:MotorVehicles 2024-02-01 2025-01-31 7212141 frs-core:MotorVehicles 2024-01-31 7212141 frs-core:ShareCapital 2025-01-31 7212141 frs-core:RetainedEarningsAccumulatedLosses 2024-02-01 2025-01-31 7212141 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 7212141 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 7212141 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 7212141 frs-bus:SmallEntities 2024-02-01 2025-01-31 7212141 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 7212141 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 7212141 1 2024-02-01 2025-01-31 7212141 frs-bus:Director1 2024-02-01 2025-01-31 7212141 frs-countries:EnglandWales 2024-02-01 2025-01-31 7212141 2023-01-31 7212141 2024-01-31 7212141 2023-02-01 2024-01-31 7212141 frs-core:CurrentFinancialInstruments 2024-01-31 7212141 frs-core:Non-currentFinancialInstruments 2024-01-31 7212141 frs-core:ShareCapital 2023-01-31 7212141 frs-core:ShareCapital 2024-01-31 7212141 frs-core:RetainedEarningsAccumulatedLosses 2023-02-01 2024-01-31 7212141 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2023-01-31 7212141 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 7212141
FLOORS DIRECT MIDLANDS LTD
Unaudited Financial Statements
For The Year Ended 31 January 2025
AMCI ASSOCIATES LTD
FLOORS DIRECT MIDLANDS LTD
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Statement of Changes in Equity | 3
Notes to the Financial Statements | 4—6

Page 1
FLOORS DIRECT MIDLANDS LTD
Balance Sheet
As At 31 January 2025
Balance Sheet
Registered number: 7212141

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 1,795,542 |  | 1,913,137
|  |  | 1,795,542 |  | 1,913,137
CURRENT ASSETS
Stocks | 5 | 380,430 |  | 279,160 |
Debtors | 6 | 15,132 |  | 21,596 |
Cash at bank and in hand |  | 191,066 |  | 179,501 |
|  | 586,628 |  | 480,257 |
Creditors: Amounts Falling Due Within One Year | 7 | (419,514 ) |  | (414,350 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 167,114 |  | 65,907
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,962,656 |  | 1,979,044
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (338,316 ) |  | (360,748 )
NET ASSETS |  |  | 1,624,340 |  | 1,618,296
CAPITAL AND RESERVES
Called up share capital | 9 |  | 100 |  | 100
Profit and Loss Account |  |  | 1,624,240 |  | 1,618,196
SHAREHOLDERS' FUNDS |  |  | 1,624,340 |  | 1,618,296

Page 1
Page 2
FLOORS DIRECT MIDLANDS LTD
Balance Sheet (continued)
As At 31 January 2025
For the year ending 31 January 2025 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 Ifran Lal Director
30/09/2025

The notes on pages 4 to 6 form part of these financial statements.
Page 2
Page 3
FLOORS DIRECT MIDLANDS LTD
Statement of Changes in Equity
For The Year Ended 31 January 2025
Statement of Changes in Equity

| Share Capital | Profit and Loss Account | Total
--- | --- | --- | ---
| £ | £ | £
As at 1 February 2023 | 100 | 1,511,599 | 1,511,699
Profit for the year and total comprehensive income | - | 124,329 | 124,329
Dividends paid | - | (17,732) | (17,732)
As at 31 January 2024 and 1 February 2024 | 100 | 1,618,196 | 1,618,296
Profit for the year and total comprehensive income | - | 39,946 | 39,946
Dividends paid | - | (33,902) | (33,902)
As at 31 January 2025 | 100 | 1,624,240 | 1,624,340

Page 3
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FLOORS DIRECT MIDLANDS LTD
Notes to the Financial Statements
For The Year Ended 31 January 2025
Notes to the Financial Statements
1. General Information
FLOORS DIRECT MIDLANDS LTD Registered number 7212141 is a limited by shares company incorporated in England & Wales. The Registered Office is 79 Tyburn Road, Erdington, Birmingham, West Midlands, B24 8NP.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.4. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:

Freehold | 0
Motor Vehicles | 20%
Fixtures & Fittings | 20%
Computer Equipment | 20%

2.6. Investment Properties
Investment properties shall not be subject to periodic charges for depreciation except for properties held on lease, which shall be depreciated at least over the period when the unexpired term is 20 years or less.
Investment properties shall be included in the balance sheet at their market value.
2.7. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and 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 profit and loss account as incurred.
2.8. 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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FLOORS DIRECT MIDLANDS LTD
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2025
2.9. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.10. 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.
2.11. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
2.12. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2024: 8)
8 8
4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
| £ | £ | £ | £ | £
Cost
As at 1 February 2024 | 1,882,121 | 73,611 | 29,493 | - | 1,985,225
Additions | 90,159 | - | 5,208 | 545 | 95,912
Disposals | (195,857 ) | - | - | - | (195,857 )
As at 31 January 2025 | 1,776,423 | 73,611 | 34,701 | 545 | 1,885,280
Depreciation
As at 1 February 2024 | - | 51,482 | 20,606 | - | 72,088
Provided during the period | - | 14,722 | 2,819 | 109 | 17,650
As at 31 January 2025 | - | 66,204 | 23,425 | 109 | 89,738
Net Book Value
As at 31 January 2025 | 1,776,423 | 7,407 | 11,276 | 436 | 1,795,542
As at 1 February 2024 | 1,882,121 | 22,129 | 8,887 | - | 1,913,137

Page 5
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FLOORS DIRECT MIDLANDS LTD
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2025
5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Finished goods | 380,430 |  | 279,160

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | - |  | 4,696
Other debtors | 15,132 |  | 16,900
| 15,132 |  | 21,596

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 201,721 |  | 190,366
Corporation tax | 55,370 |  | 75,587
Other taxes and social security | 11,476 |  | 9,605
VAT | 107,207 |  | 107,318
Net wages | 4,797 |  | 10,718
Other creditors | 405 |  | 405
Director's loan account | 38,538 |  | 20,351
| 419,514 |  | 414,350

8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 338,316 |  | 360,748

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

10. Directors Advances, Credits and Guarantees
Dividends paid to directors
11. Ultimate Controlling Party
The company's ultimate controlling party is Mr Ifran Lal by virtue of his ownership of 51% of the issued share capital in the company.
Page 6