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 00748904 Mr Abid Sukander iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00748904 2024-03-31 00748904 2025-03-31 00748904 2024-04-01 2025-03-31 00748904 frs-core:CurrentFinancialInstruments 2025-03-31 00748904 frs-core:Non-currentFinancialInstruments 2025-03-31 00748904 frs-core:ShareCapital 2025-03-31 00748904 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 00748904 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 00748904 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 00748904 frs-bus:SmallEntities 2024-04-01 2025-03-31 00748904 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 00748904 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 00748904 frs-bus:Director1 2024-04-01 2025-03-31 00748904 frs-bus:Director1 2024-03-31 00748904 frs-bus:Director1 2025-03-31 00748904 frs-countries:EnglandWales 2024-04-01 2025-03-31 00748904 2023-03-31 00748904 2024-03-31 00748904 2023-04-01 2024-03-31 00748904 frs-core:CurrentFinancialInstruments 2024-03-31 00748904 frs-core:Non-currentFinancialInstruments 2024-03-31 00748904 frs-core:ShareCapital 2024-03-31 00748904 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 00748904
Favellex Limited
Financial Statements
For The Year Ended 31 March 2025
J.R. Accounts Ltd
Chartered Certified Accountants
34-37 Liverpool Street
London
EC2M 7PP
Favellex Limited
Contents
Contents

| Page
--- | ---
Company Information | 1
Balance Sheet | 2—3
Notes to the Financial Statements | 4—6

Page 1
Favellex Limited
Company Information
For The Year Ended 31 March 2025
Company Information

Director | Mr Abid Sukander
Company Number | 00748904
Registered Office | 54 Plashet Grove
| East Ham
| London
| E6 1AE
Accountants | J.R. Accounts Ltd
| Chartered Certified Accountants
| 34-37 Liverpool Street
| London
| EC2M 7PP

Page 1
Page 2
Favellex Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 00748904

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investment Properties | 4 |  | 401,266 |  | -
|  |  | 401,266 |  | -
CURRENT ASSETS
Debtors | 5 | - |  | 403,222 |
Cash at bank and in hand |  | 90,714 |  | 51,305 |
|  | 90,714 |  | 454,527 |
Creditors: Amounts Falling Due Within One Year | 6 | (51,910 ) |  | (60,811 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 38,804 |  | 393,716
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 440,070 |  | 393,716
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (11,667 ) |  | (21,667 )
NET ASSETS |  |  | 428,403 |  | 372,049
CAPITAL AND RESERVES
Called up share capital | 8 |  | 100 |  | 100
Profit and Loss Account |  |  | 428,303 |  | 371,949
SHAREHOLDERS' FUNDS |  |  | 428,403 |  | 372,049

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Favellex 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 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 Abid Sukander Director
4 December 2025

The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Favellex Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Favellex Limited Registered number 00748904 is a limited by shares company incorporated in England & Wales. The Registered Office is 54 Plashet Grove, East Ham, London, E6 1AE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Investment Properties
Investment properties shall not be subject to periodic charges for depreciation except for properties held on lease, which shall be depreciated at least over the period when the unexpired term is 20 years or less.
Investment properties shall be included in the balance sheet at their market value.
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including the director, during the year were: 7 (2024: 8)
7 8
4. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 April 2024 | -
Additions | 401,266
As at 31 March 2025 | 401,266

Page 4
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Favellex Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Director's loan account | - |  | 403,222

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Corporation tax | 29,914 |  | 44,489
Other taxes and social security | 3,508 |  | 4,663
Net wages and pension | 1,779 |  | 4,071
Accruals and deferred income | 9,011 |  | 7,588
Director's loan account | 7,698 |  | -
| 51,910 |  | 60,811

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 11,667 |  | 21,667

8. Share Capital

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

9. 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 Abid Sukander | 403,222 | - | 403,222 | - | -

The above loan is unsecured, interest free and repayable on demand.
10. Dividends

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
On equity shares:
Final dividend paid | 30,000 |  | 45,000

Page 5
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Favellex Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
11. Off-Balance Sheet Arrangements
At the year-end, the company held registered funds totaling £71,986 in a Government-authorised Custodial Tenancy Deposit Protection scheme. These funds are held on behalf of clients and are properly protected under the scheme.
Page 6