Acorah Software Products - Accounts Production 16.6.950 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 04633710 Mr R M Hooda Mr S M Walji Mr R R Modha iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04633710 2024-03-31 04633710 2025-03-31 04633710 2024-04-01 2025-03-31 04633710 frs-core:CurrentFinancialInstruments 2025-03-31 04633710 frs-core:Non-currentFinancialInstruments 2025-03-31 04633710 frs-core:ComputerEquipment 2025-03-31 04633710 frs-core:ComputerEquipment 2024-04-01 2025-03-31 04633710 frs-core:ComputerEquipment 2024-03-31 04633710 frs-core:FurnitureFittings 2025-03-31 04633710 frs-core:FurnitureFittings 2024-04-01 2025-03-31 04633710 frs-core:FurnitureFittings 2024-03-31 04633710 frs-core:NetGoodwill 2025-03-31 04633710 frs-core:NetGoodwill 2024-04-01 2025-03-31 04633710 frs-core:NetGoodwill 2024-03-31 04633710 frs-core:ShareCapital 2025-03-31 04633710 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 04633710 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04633710 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 04633710 frs-bus:SmallEntities 2024-04-01 2025-03-31 04633710 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 04633710 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04633710 frs-core:UnlistedNon-exchangeTraded 2025-03-31 04633710 frs-core:UnlistedNon-exchangeTraded 2024-03-31 04633710 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 04633710 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 04633710 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 04633710 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 04633710 frs-bus:Director1 2024-04-01 2025-03-31 04633710 frs-bus:Director1 2024-03-31 04633710 frs-bus:Director1 2025-03-31 04633710 frs-bus:Director2 2024-04-01 2025-03-31 04633710 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 04633710 frs-core:CurrentFinancialInstruments 1 2025-03-31 04633710 frs-countries:EnglandWales 2024-04-01 2025-03-31 04633710 2023-03-31 04633710 2024-03-31 04633710 2023-04-01 2024-03-31 04633710 frs-core:CurrentFinancialInstruments 2024-03-31 04633710 frs-core:Non-currentFinancialInstruments 2024-03-31 04633710 frs-core:ShareCapital 2024-03-31 04633710 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 04633710 frs-core:CurrentFinancialInstruments 1 2024-03-31
Walji & Co Private Clients Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Walji & Co Private Clients Ltd
Walji & Co Private Clients Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Walji & Co Private Clients Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 04633710

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 100,000 |  | 100,000
Tangible Assets | 5 |  | 3,924 |  | 4,905
Investments | 6 |  | 24,100 |  | 24,100
|  |  | 128,024 |  | 129,005
CURRENT ASSETS
Debtors | 7 | 95,452 |  | 48,729 |
Cash at bank and in hand |  | 171,190 |  | 89,842 |
|  | 266,642 |  | 138,571 |
Creditors: Amounts Falling Due Within One Year | 8 | (160,571 ) |  | (97,424 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 106,071 |  | 41,147
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 234,095 |  | 170,152
Creditors: Amounts Falling Due After More Than One Year | 9 |  | - |  | (12,417 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (981 ) |  | (932 )
NET ASSETS |  |  | 233,114 |  | 156,803
CAPITAL AND RESERVES
Called up share capital | 10 |  | 101,100 |  | 101,100
Profit and Loss Account |  |  | 132,014 |  | 55,703
SHAREHOLDERS' FUNDS |  |  | 233,114 |  | 156,803

Page 1
Page 2
Walji & Co Private Clients Limited
Balance Sheet (continued)
As At 31 March 2025
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 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 R M Hooda Director
30/10/2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Walji & Co Private Clients Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Walji & Co Private Clients Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04633710 . The registered office is Prospect House, 50 Leigh Road, Eastleigh, Hampshire, SO50 9DT.
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 arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses.
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:

Fixtures & Fittings | 20% on reducing balance
Computer Equipment | 33% on cost

2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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 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.
Page 3
Page 4
Walji & Co Private Clients Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
3. Average Number of Employees
Average number of employees, including directors, during the year was: 19 (2024: 17)
19 17
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 April 2024 | 100,000
As at 31 March 2025 | 100,000
Net Book Value
As at 31 March 2025 | 100,000
As at 1 April 2024 | 100,000

5. Tangible Assets

| Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 April 2024 | 52,091 | 46,691 | 98,782
As at 31 March 2025 | 52,091 | 46,691 | 98,782
Depreciation
As at 1 April 2024 | 47,186 | 46,691 | 93,877
Provided during the period | 981 | - | 981
As at 31 March 2025 | 48,167 | 46,691 | 94,858
Net Book Value
As at 31 March 2025 | 3,924 | - | 3,924
As at 1 April 2024 | 4,905 | - | 4,905

6. Investments

| Unlisted
--- | ---
| £
Cost or Valuation
As at 1 April 2024 | 24,100
As at 31 March 2025 | 24,100
Provision
As at 1 April 2024 | -
As at 31 March 2025 | -
Net Book Value
As at 31 March 2025 | 24,100
As at 1 April 2024 | 24,100

Page 4
Page 5
Walji & Co Private Clients Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 44,613 |  | 31,976
Prepayments and accrued income | 6,933 |  | 5,935
Other debtors | 43,906 |  | 2,970
Directors' loan accounts | - |  | 7,848
| 95,452 |  | 48,729

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 17,871 |  | 11,864
Bank loans and overdrafts | - |  | 10,000
Corporation tax | 39,248 |  | -
Other taxes and social security | 9,313 |  | 7,837
VAT | 35,871 |  | 21,294
Client retainers (Current liabilities - creditors < 1 year) | 14,492 |  | 33,599
Other creditors (1) | 3,436 |  | 3,436
Accruals and deferred income | 22,575 |  | 5,437
Directors' loan accounts | 17,765 |  | 3,957
| 160,571 |  | 97,424

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | - |  | 12,417

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 101,100 |  | 101,100

11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 April 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 March 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Rezahussein Hooda | 7,848 | 4,774 | (24,000 ) | - | (11,378 )

The above loan is unsecured and repayable on demand. Interest is charged at 2.25%. The loan was repaid on 30 April 2024.
Page 5
Page 6
Walji & Co Private Clients Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
12. Related Party Transactions
Capture L.L.C.-FZA company in which Mr R Hooda is a shareholder and director.During the year the company provided management services amounting to £40,936. A loan of £2,000 was provided in the previous year. As at the year end, £42,936 was outstanding (2024 - £2,000).

Capture L.L.C.-FZ

A company in which Mr R Hooda is a shareholder and director.

During the year the company provided management services amounting to £40,936. A loan of £2,000 was provided in the previous year. As at the year end, £42,936 was outstanding (2024 - £2,000).

Transform Your Profits LtdA company in which Mr R Hooda is a shareholder and director.During the year the company was provided with sub-contracted services amounting to £25,827 (2024 - £75,693). As at the year end £0 (2024 - £0) was outstanding.

Transform Your Profits Ltd

A company in which Mr R Hooda is a shareholder and director.

During the year the company was provided with sub-contracted services amounting to £25,827 (2024 - £75,693). As at the year end £0 (2024 - £0) was outstanding.

Zamin Holdings LtdA company in which Mr S Walji is a shareholder and director.During the year the company was provided with sub-contracted services amounting to £39,478 (2024 - £77,442). At the year end, £3,758 (2024 - £0) was outstanding.

Zamin Holdings Ltd

A company in which Mr S Walji is a shareholder and director.

During the year the company was provided with sub-contracted services amounting to £39,478 (2024 - £77,442). At the year end, £3,758 (2024 - £0) was outstanding.

Walji & Co (UK) LLPA limited liability partnership in which both Mr S Walji and Mr R Hooda are designated membersDuring the year, the company received consultancy services from Walji & Co (UK) LLP amounting to £40,000 (2024 - £49,000).

Walji & Co (UK) LLP

A limited liability partnership in which both Mr S Walji and Mr R Hooda are designated members

During the year, the company received consultancy services from Walji & Co (UK) LLP amounting to £40,000 (2024 - £49,000).

Page 6