Acorah Software Products - Accounts Production 16.5.460 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 10876814 Mr K R Mohanty iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10876814 2024-03-31 10876814 2025-03-31 10876814 2024-04-01 2025-03-31 10876814 frs-core:CurrentFinancialInstruments 2025-03-31 10876814 frs-core:Non-currentFinancialInstruments 2025-03-31 10876814 frs-core:FurnitureFittings 2025-03-31 10876814 frs-core:FurnitureFittings 2024-04-01 2025-03-31 10876814 frs-core:FurnitureFittings 2024-03-31 10876814 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 10876814 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 10876814 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 10876814 frs-core:ShareCapital 2025-03-31 10876814 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10876814 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10876814 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10876814 frs-bus:SmallEntities 2024-04-01 2025-03-31 10876814 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10876814 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10876814 frs-bus:OrdinaryShareClass1 2024-04-01 2025-03-31 10876814 frs-bus:OrdinaryShareClass1 2025-03-31 10876814 frs-bus:OrdinaryShareClass2 2024-04-01 2025-03-31 10876814 frs-bus:OrdinaryShareClass2 2025-03-31 10876814 frs-core:DeferredTaxation 2024-04-01 2025-03-31 10876814 frs-core:DeferredTaxation 2024-03-31 10876814 frs-core:DeferredTaxation 2025-03-31 10876814 frs-bus:Director1 2024-04-01 2025-03-31 10876814 frs-countries:EnglandWales 2024-04-01 2025-03-31 10876814 2023-03-31 10876814 2024-03-31 10876814 2023-04-01 2024-03-31 10876814 frs-core:CurrentFinancialInstruments 2024-03-31 10876814 frs-core:Non-currentFinancialInstruments 2024-03-31 10876814 frs-core:ShareCapital 2024-03-31 10876814 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10876814 frs-bus:OrdinaryShareClass1 2023-04-01 2024-03-31 10876814 frs-bus:OrdinaryShareClass2 2023-04-01 2024-03-31
Registered number: 10876814
Mohanty Investments Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 10876814
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 385,824 386,030
385,824 386,030
CURRENT ASSETS
Debtors 5 205,831 206,617
Cash at bank and in hand 16,674 12,344
222,505 218,961
Creditors: Amounts Falling Due Within One Year 6 (402,405 ) (401,553 )
NET CURRENT ASSETS (LIABILITIES) (179,900 ) (182,592 )
TOTAL ASSETS LESS CURRENT LIABILITIES 205,924 203,438
Creditors: Amounts Falling Due After More Than One Year 7 (223,230 ) (223,266 )
NET LIABILITIES (17,306 ) (19,828 )
CAPITAL AND RESERVES
Called up share capital 9 500 500
Profit and Loss Account (17,806 ) (20,328 )
SHAREHOLDERS' FUNDS (17,306) (19,828)
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For the year ending 31 March 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 K R Mohanty
Director
22 October 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Mohanty Investments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10876814 . The registered office is Clifton House, Four Elms Road, Cardiff, CF24 1LE.
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 balance sheet at 31 March 2025 shows a deficit of assets. However, in the opinion of the directors, the circumstances which gave rise to this situation at the commencement of trading are unlikely to recur, and the company is expected to trade profitably in future accounting periods. In the meantime the director is commited to provide the company with any additional funding necessary to maintain trade and therefore these financial statements have been prepared on a going concern basis.
2.3. Turnover
Turnover is measured at the fair value of rents and other property income receivable during the year.Turnover includes rendering of services falling within the company's ordinary activities.
2.4. 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:
Leasehold Not depreciated
Fixtures & Fittings 20% reducing balance
2.5. Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. 
All of the financial instruments applying to the company are basic as defied in the Accounting Standard, and as such are initially recognised at the transaction price.  Debt instruments are subsequently measured at amortised cost.
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2.6. 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2024 385,000 4,116 389,116
As at 31 March 2025 385,000 4,116 389,116
Depreciation
As at 1 April 2024 - 3,086 3,086
Provided during the period - 206 206
As at 31 March 2025 - 3,292 3,292
Net Book Value
As at 31 March 2025 385,000 824 385,824
As at 1 April 2024 385,000 1,030 386,030
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,569 2,394
Deferred tax current asset 4,262 4,223
Loan to Well Investments 200,000 200,000
205,831 206,617
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other taxes and social security 631 124
Other creditors 660 720
Director's loan account 1,619 1,214
Loan due to K Mohanty Ltd 399,495 399,495
402,405 401,553
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7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 223,230 223,266
8. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 April 2024 (4,223 ) (4,223)
Additions (39 ) (39)
Balance at 31 March 2025 (4,262 ) (4,262)
9. Share Capital
2025 2024
Allotted, called up and fully paid £ £
400 Ordinary Shares of £ 1.00 each 400 400
100 Ordinary A shares of £ 1.00 each 100 100
500 500
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