Acorah Software Products - Accounts Production 16.6.950 false true 28 February 2024 1 March 2023 false 29 February 2024 28 February 2025 28 February 2025 10621580 Mr Mahdi Kazem iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10621580 2024-02-28 10621580 2025-02-28 10621580 2024-02-29 2025-02-28 10621580 frs-core:CurrentFinancialInstruments 2025-02-28 10621580 frs-core:Non-currentFinancialInstruments 2025-02-28 10621580 frs-core:FurnitureFittings 2025-02-28 10621580 frs-core:FurnitureFittings 2024-02-29 2025-02-28 10621580 frs-core:FurnitureFittings 2024-02-28 10621580 frs-core:ShareCapital 2025-02-28 10621580 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 10621580 frs-bus:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 10621580 frs-bus:FilletedAccounts 2024-02-29 2025-02-28 10621580 frs-bus:SmallEntities 2024-02-29 2025-02-28 10621580 frs-bus:AuditExempt-NoAccountantsReport 2024-02-29 2025-02-28 10621580 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-29 2025-02-28 10621580 frs-bus:Director1 2024-02-29 2025-02-28 10621580 frs-countries:EnglandWales 2024-02-29 2025-02-28 10621580 2023-02-28 10621580 2024-02-28 10621580 2023-03-01 2024-02-28 10621580 frs-core:CurrentFinancialInstruments 2024-02-28 10621580 frs-core:Non-currentFinancialInstruments 2024-02-28 10621580 frs-core:ShareCapital 2024-02-28 10621580 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28
Registered number: 10621580
Hiba Jewellery Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Jorgis Accountants Ltd
AFA- MIPA-FAIA- ACIPP-APA
Jorgis Accountants Ltd
P O Box 527
Northolt
Middlesex
UB5 9HE
Hiba Jewellery Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
Hiba Jewellery Limited
Balance Sheet
As At 28 February 2025
Balance Sheet
Registered number: 10621580

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 2,000 |  | 5,600
|  |  | 2,000 |  | 5,600
CURRENT ASSETS
Stocks | 5 | 158,628 |  | 208,628 |
Cash at bank and in hand |  | 5,198 |  | 7,906 |
|  | 163,826 |  | 216,534 |
Creditors: Amounts Falling Due Within One Year | 6 | (21,536 ) |  | (21,536 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 142,290 |  | 194,998
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 144,290 |  | 200,598
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (292,144 ) |  | (348,205 )
NET LIABILITIES |  |  | (147,854 ) |  | (147,607 )
CAPITAL AND RESERVES
Called up share capital | 8 |  | 100 |  | 100
Profit and Loss Account |  |  | (147,954 ) |  | (147,707 )
SHAREHOLDERS' FUNDS |  |  | (147,854) |  | (147,607)

Page 1
Page 2
Hiba Jewellery Limited
Balance Sheet (continued)
As At 28 February 2025
For the year ending 28 February 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 Mahdi Kazem Director
19/11/2025

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Hiba Jewellery Limited
Notes to the Financial Statements
For The Year Ended 28 February 2025
Notes to the Financial Statements
1. General Information
Hiba Jewellery Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10621580 . The registered office is 359 Edgware Road, London, London, London, W2 1BS.
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. 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:

Fixtures & Fittings | 18% Straight Line

2.4. 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.
Total closing stock for the year ended February 2025 = £158,628
2.5. 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.
3. Average Number of Employees
1Average number of employees, including directors, during the year was as follows:
1 1 (2024: 1)
1 1
Page 3
Page 4
Hiba Jewellery Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
4. Tangible Assets

| Fixtures & Fittings
--- | ---
| £
Cost
As at 29 February 2024 | 20,000
As at 28 February 2025 | 20,000
Depreciation
As at 29 February 2024 | 14,400
Provided during the period | 3,600
As at 28 February 2025 | 18,000
Net Book Value
As at 28 February 2025 | 2,000
As at 29 February 2024 | 5,600

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Finished goods | 158,628 |  | 208,628

Total stock at the end of Febraury 2025 : £158,628
6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 21,536 |  | 21,536

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Private loan BCA Ltd (Long term liabilities - creditors > 1 year) | 10,000 |  | 10,000
Government grants after one year | 5,525 |  | 11,586
Directors loan account | 276,619 |  | 326,619
| 292,144 |  | 348,205

8. Share Capital

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

Page 4