Acorah Software Products - Accounts Production 16.5.460 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 11762440 Mrs Darshana Shah Mr Mehul Shah iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11762440 2024-01-31 11762440 2025-01-31 11762440 2024-02-01 2025-01-31 11762440 frs-core:CurrentFinancialInstruments 2025-01-31 11762440 frs-core:Non-currentFinancialInstruments 2025-01-31 11762440 frs-core:ComputerEquipment 2025-01-31 11762440 frs-core:ComputerEquipment 2024-02-01 2025-01-31 11762440 frs-core:ComputerEquipment 2024-01-31 11762440 frs-core:MotorVehicles 2025-01-31 11762440 frs-core:MotorVehicles 2024-02-01 2025-01-31 11762440 frs-core:MotorVehicles 2024-01-31 11762440 frs-core:PlantMachinery 2025-01-31 11762440 frs-core:PlantMachinery 2024-02-01 2025-01-31 11762440 frs-core:PlantMachinery 2024-01-31 11762440 frs-core:ShareCapital 2025-01-31 11762440 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 11762440 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 11762440 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 11762440 frs-bus:SmallEntities 2024-02-01 2025-01-31 11762440 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 11762440 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 11762440 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-02-01 2025-01-31 11762440 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-01-31 11762440 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-01-31 11762440 frs-core:UnlistedNon-exchangeTraded 2025-01-31 11762440 frs-core:UnlistedNon-exchangeTraded 2024-01-31 11762440 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-01-31 11762440 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-01-31 11762440 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-01-31 11762440 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-01-31 11762440 frs-bus:Director1 2024-02-01 2025-01-31 11762440 frs-bus:Director2 2024-02-01 2025-01-31 11762440 frs-countries:EnglandWales 2024-02-01 2025-01-31 11762440 2023-01-31 11762440 2024-01-31 11762440 2023-02-01 2024-01-31 11762440 frs-core:CurrentFinancialInstruments 2024-01-31 11762440 frs-core:Non-currentFinancialInstruments 2024-01-31 11762440 frs-core:ShareCapital 2024-01-31 11762440 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 11762440 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-01-31
Registered number: 11762440
Medar Investments Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2025
Lerica Tax Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11762440
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 43,435 1,117
Investment Properties 5 610,000 700,000
Investments 6 23,000 23,000
676,435 724,117
CURRENT ASSETS
Debtors 7 2,122 915
Cash at bank and in hand 6,776 9,152
8,898 10,067
Creditors: Amounts Falling Due Within One Year 8 (358,167 ) (162,512 )
NET CURRENT ASSETS (LIABILITIES) (349,269 ) (152,445 )
TOTAL ASSETS LESS CURRENT LIABILITIES 327,166 571,672
Creditors: Amounts Falling Due After More Than One Year 9 (195,474 ) (327,500 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (33,972 ) (43,031 )
NET ASSETS 97,720 201,141
CAPITAL AND RESERVES
Called up share capital 10 100 100
Fair value reserve 11 109,644 182,544
Profit and Loss Account (12,024 ) 18,497
SHAREHOLDERS' FUNDS 97,720 201,141
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Page 2
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 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 Mehul Shah
Director
31/10/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Medar Investments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11762440 . The registered office is 54d Frome Road, Bradford-On-Avon, BA15 1LA.
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. Turnover comprises of rental income which is recognised on a straight line basis over the term of the lease, this includes any lease incentives granted to tenants.
2.3. 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% RB
Motor Vehicles 25% RB
Computer Equipment 25% RB
2.4. 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. Changes in fair value are recognised in the profit and loss account. The assets were revalued in January 2022 by the director using market information and advice of a local valuation expert. Revaluation is carried out when the market indicates that there is a material difference between the carrying and market values of the investment properties.
2.5. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 2 (2024: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost or Valuation
As at 1 February 2024 - - 1,489 1,489
Additions 1,427 54,590 780 56,797
As at 31 January 2025 1,427 54,590 2,269 58,286
Depreciation
As at 1 February 2024 - - 372 372
Provided during the period 357 13,648 474 14,479
As at 31 January 2025 357 13,648 846 14,851
Net Book Value
As at 31 January 2025 1,070 40,942 1,423 43,435
As at 1 February 2024 - - 1,117 1,117
5. Investment Property
2025
£
Fair Value
As at 1 February 2024 700,000
Revaluations (90,000)
As at 31 January 2025 610,000
6. Investments
Unlisted
£
Cost or Valuation
As at 1 February 2024 23,000
As at 31 January 2025 23,000
Provision
As at 1 February 2024 -
As at 31 January 2025 -
Net Book Value
As at 31 January 2025 23,000
As at 1 February 2024 23,000
7. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 1,410 415
Other debtors 712 500
2,122 915
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Page 5
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 809 1,661
Accruals and deferred income 1,698 1,614
Directors' loan accounts 355,660 159,237
358,167 162,512
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 195,474 327,500
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
11. Reserves
Fair Value Reserve
£
As at 1 February 2024 182,544
Transfer to profit and loss (72,900 )
As at 31 January 2025 109,644
Revaluation of investment properties transferred to non-distributable reserves
Page 5