Acorah Software Products - Accounts Production 16.7.461 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 11496752 Mr T Shankar Mr C Surabaskaran Mr S Sathiyavadivelu iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11496752 2024-03-31 11496752 2025-03-31 11496752 2024-04-01 2025-03-31 11496752 frs-core:CurrentFinancialInstruments 2025-03-31 11496752 frs-core:Non-currentFinancialInstruments 2025-03-31 11496752 frs-core:ComputerEquipment 2025-03-31 11496752 frs-core:ComputerEquipment 2024-04-01 2025-03-31 11496752 frs-core:ComputerEquipment 2024-03-31 11496752 frs-core:FurnitureFittings 2025-03-31 11496752 frs-core:FurnitureFittings 2024-04-01 2025-03-31 11496752 frs-core:FurnitureFittings 2024-03-31 11496752 frs-core:NetGoodwill 2025-03-31 11496752 frs-core:NetGoodwill 2024-04-01 2025-03-31 11496752 frs-core:NetGoodwill 2024-03-31 11496752 frs-core:PlantMachinery 2025-03-31 11496752 frs-core:PlantMachinery 2024-04-01 2025-03-31 11496752 frs-core:PlantMachinery 2024-03-31 11496752 frs-core:ShareCapital 2025-03-31 11496752 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 11496752 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11496752 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 11496752 frs-bus:SmallEntities 2024-04-01 2025-03-31 11496752 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11496752 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11496752 frs-bus:Director1 2024-04-01 2025-03-31 11496752 frs-bus:Director2 2024-04-01 2025-03-31 11496752 frs-bus:Director3 2024-04-01 2025-03-31 11496752 frs-countries:EnglandWales 2024-04-01 2025-03-31 11496752 2023-03-31 11496752 2024-03-31 11496752 2023-04-01 2024-03-31 11496752 frs-core:CurrentFinancialInstruments 2024-03-31 11496752 frs-core:Non-currentFinancialInstruments 2024-03-31 11496752 frs-core:ShareCapital 2024-03-31 11496752 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 11496752
Susash Middlesbrough Ltd
Financial Statements
For The Year Ended 31 March 2025
BBK Partnership
Chartered Accountants & Statutory Auditors
1 Beauchamp Court
10 Victors Way
Barnet
Hertfordshire
EN5 5TZ
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—6
Page 1
Statement of Financial Position
Registered number: 11496752
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 766,700 -
Tangible Assets 5 78,472 65,683
Investment Properties 6 4,030,405 1,288,230
4,875,577 1,353,913
CURRENT ASSETS
Debtors 7 587,557 598,421
Cash at bank and in hand 164,153 123,724
751,710 722,145
Creditors: Amounts Falling Due Within One Year 8 (380,165 ) (305,374 )
NET CURRENT ASSETS (LIABILITIES) 371,545 416,771
TOTAL ASSETS LESS CURRENT LIABILITIES 5,247,122 1,770,684
Creditors: Amounts Falling Due After More Than One Year 9 (3,980,114 ) (761,237 )
NET ASSETS 1,267,008 1,009,447
CAPITAL AND RESERVES
Called up share capital 10 3 3
Income Statement 1,267,005 1,009,444
SHAREHOLDERS' FUNDS 1,267,008 1,009,447
Page 1
Page 2
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 Income Statement.
On behalf of the board
Mr T Shankar
Director
20/11/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Susash Middlesbrough Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11496752 . The registered office is 24 Baron Grove, Mitcham, Surrey, CR4 4EH.
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 is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the income statement over its estimated economic life of .... years.
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:
Plant & Machinery 20% Reducing balance method
Fixtures & Fittings 20% Reducing balance method
Computer Equipment 20% Reducing balance method
2.5. 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. No depreciation is provided for. Changes in fair value are recognised in the income statement.
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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 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: 50 (2024: 52)
50 52
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 -
Additions 820,000
As at 31 March 2025 820,000
Amortisation
As at 1 April 2024 -
Provided during the period 53,300
As at 31 March 2025 53,300
Net Book Value
As at 31 March 2025 766,700
As at 1 April 2024 -
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5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 - 111,855 16,513 128,368
Additions 11,843 14,157 6,406 32,406
As at 31 March 2025 11,843 126,012 22,919 160,774
Depreciation
As at 1 April 2024 - 57,208 5,477 62,685
Provided during the period 2,369 13,760 3,488 19,617
As at 31 March 2025 2,369 70,968 8,965 82,302
Net Book Value
As at 31 March 2025 9,474 55,044 13,954 78,472
As at 1 April 2024 - 54,647 11,036 65,683
6. Investment Property
2025
£
Fair Value
As at 1 April 2024 1,288,230
Additions 2,742,175
As at 31 March 2025 4,030,405
7. Debtors
2025 2024
£ £
Due within one year
Amounts owed by group undertakings 582,000 594,000
Other debtors 5,557 4,421
587,557 598,421
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 5 -
Other creditors 43,805 30,447
Taxation and social security 336,355 274,927
380,165 305,374
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9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Mortgage loan - 602,958
Barclays Loan 3,980,114 158,279
3,980,114 761,237
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 3 3
Page 6