Acorah Software Products - Accounts Production 16.7.461 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 08547783 Mr Kunu Miah iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08547783 2024-05-31 08547783 2025-05-31 08547783 2024-06-01 2025-05-31 08547783 frs-core:CurrentFinancialInstruments 2025-05-31 08547783 frs-core:Non-currentFinancialInstruments 2025-05-31 08547783 frs-core:ComputerEquipment 2025-05-31 08547783 frs-core:ComputerEquipment 2024-06-01 2025-05-31 08547783 frs-core:ComputerEquipment 2024-05-31 08547783 frs-core:FurnitureFittings 2025-05-31 08547783 frs-core:FurnitureFittings 2024-06-01 2025-05-31 08547783 frs-core:FurnitureFittings 2024-05-31 08547783 frs-core:PlantMachinery 2025-05-31 08547783 frs-core:PlantMachinery 2024-06-01 2025-05-31 08547783 frs-core:PlantMachinery 2024-05-31 08547783 frs-core:ShareCapital 2025-05-31 08547783 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 08547783 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 08547783 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 08547783 frs-bus:SmallEntities 2024-06-01 2025-05-31 08547783 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 08547783 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 08547783 frs-bus:Director1 2024-06-01 2025-05-31 08547783 frs-countries:EnglandWales 2024-06-01 2025-05-31 08547783 2023-05-31 08547783 2024-05-31 08547783 2023-06-01 2024-05-31 08547783 frs-core:CurrentFinancialInstruments 2024-05-31 08547783 frs-core:Non-currentFinancialInstruments 2024-05-31 08547783 frs-core:ShareCapital 2024-05-31 08547783 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 08547783
Xavier Associates Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08547783
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,560 5,365
4,560 5,365
CURRENT ASSETS
Debtors 5 239,106 250,931
Cash at bank and in hand 491 752
239,597 251,683
Creditors: Amounts Falling Due Within One Year 6 (6,059 ) (9,549 )
NET CURRENT ASSETS (LIABILITIES) 233,538 242,134
TOTAL ASSETS LESS CURRENT LIABILITIES 238,098 247,499
Creditors: Amounts Falling Due After More Than One Year 7 (3,849 ) (10,058 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,019 ) (1,019 )
NET ASSETS 233,230 236,422
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 233,130 236,322
SHAREHOLDERS' FUNDS 233,230 236,422
Page 1
Page 2
For the year ending 31 May 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 Kunu Miah
Director
07/12/2025
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
Xavier Associates Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08547783 . The registered office is 62 Princes Ave, Woodford Green, Essex, IG8 0LP.
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. 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 15% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 15% on reducing balance
2.3. 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 in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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: NIL (2024: NIL)
- -
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Page 4
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 June 2024 545 7,554 4,969 13,068
As at 31 May 2025 545 7,554 4,969 13,068
Depreciation
As at 1 June 2024 368 4,684 2,651 7,703
Provided during the period 27 430 348 805
As at 31 May 2025 395 5,114 2,999 8,508
Net Book Value
As at 31 May 2025 150 2,440 1,970 4,560
As at 1 June 2024 177 2,870 2,318 5,365
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 71,161 63,786
Director's loan account 167,945 187,145
239,106 250,931
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - (1 )
Bank loans and overdrafts 6,059 5,910
Corporation tax - 3,640
6,059 9,549
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 3,849 10,058
Page 4
Page 5
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
Included in other debtors is an amount of £187,145 (£207,945 in 2023), owed to the company by the director Mr K Miah. This loan is interest free and no repayment terms have been agreed.
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