Acorah Software Products - Accounts Production 16.7.461 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 10696531 Dr V Goel iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10696531 2024-03-31 10696531 2025-03-31 10696531 2024-04-01 2025-03-31 10696531 frs-core:CurrentFinancialInstruments 2025-03-31 10696531 frs-core:Non-currentFinancialInstruments 2025-03-31 10696531 frs-core:InvestmentPropertyIncludedWithinPPE 2025-03-31 10696531 frs-core:InvestmentPropertyIncludedWithinPPE 2024-03-31 10696531 frs-core:ShareCapital 2025-03-31 10696531 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10696531 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10696531 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10696531 frs-bus:SmallEntities 2024-04-01 2025-03-31 10696531 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10696531 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10696531 frs-bus:OrdinaryShareClass1 2024-04-01 2025-03-31 10696531 frs-bus:OrdinaryShareClass1 2025-03-31 10696531 frs-bus:OrdinaryShareClass2 2024-04-01 2025-03-31 10696531 frs-bus:OrdinaryShareClass2 2025-03-31 10696531 frs-core:CostValuation 2024-03-31 10696531 frs-core:CostValuation 2025-03-31 10696531 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 10696531 frs-core:ProvisionsForImpairmentInvestments 2025-03-31 10696531 frs-bus:Director1 2024-04-01 2025-03-31 10696531 frs-countries:EnglandWales 2024-04-01 2025-03-31 10696531 2023-03-31 10696531 2024-03-31 10696531 2023-04-01 2024-03-31 10696531 frs-core:CurrentFinancialInstruments 2024-03-31 10696531 frs-core:Non-currentFinancialInstruments 2024-03-31 10696531 frs-core:ShareCapital 2024-03-31 10696531 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10696531 frs-bus:OrdinaryShareClass1 2023-04-01 2024-03-31 10696531 frs-bus:OrdinaryShareClass2 2023-04-01 2024-03-31
Registered number: 10696531
Shiv Sampatti Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 10696531
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 742,289 742,289
Investments 5 68,814 68,814
811,103 811,103
CURRENT ASSETS
Debtors 6 1,123,706 674,523
Investments 7 220,452 -
Cash at bank and in hand 51,633 13,285
1,395,791 687,808
Creditors: Amounts Falling Due Within One Year 8 (1,829,871 ) (1,089,904 )
NET CURRENT ASSETS (LIABILITIES) (434,080 ) (402,096 )
TOTAL ASSETS LESS CURRENT LIABILITIES 377,023 409,007
Creditors: Amounts Falling Due After More Than One Year 9 (479,113 ) (479,113 )
NET LIABILITIES (102,090 ) (70,106 )
CAPITAL AND RESERVES
Called up share capital 10 102 102
Profit and Loss Account (102,192 ) (70,208 )
SHAREHOLDERS' FUNDS (102,090) (70,106)
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 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
Dr V Goel
Director
28 November 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
Shiv Sampatti Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10696531 . The registered office is Chp Clifton House, Four Elms Road, Cardiff, CF24 1LE.
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. Going Concern Disclosure
The balance sheet at 31 March 2025 shows a deficit of assets. However, in the director's opinion, the circumstances which originally gave rise to this situation are unlikely to recur, and the company is expected to trade profitably in future accounting periods. Moreover the director has indicated that he will not seek repayment of his loan to the company, which stood at £552,757 as at 31 March 2025, until such time as the company has sufficient funds so to do. Therefore these financial statements have been prepared on a going concern basis.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for rent charged, stated net of discounts and of Value Added Tax.
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:
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 profit and loss account.
2.6. Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. 
All of the financial instruments applying to the company are basic as defied in the Accounting Standard, and as such are initially recognised at the transaction price.  Debt instruments are subsequently measured at amortised cost.
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2.7. 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 1 (2024: 1)
1 1
4. Tangible Assets
Investment Properties
£
Cost
As at 1 April 2024 742,289
As at 31 March 2025 742,289
Net Book Value
As at 31 March 2025 742,289
As at 1 April 2024 742,289
In the director's opinion the above cost approximates to the market value of the company's investment properties as at 31 March 2024.
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5. Investments
Associates Other Total
£ £ £
Cost or Valuation
As at 1 April 2024 50 68,764 68,814
As at 31 March 2025 50 68,764 68,814
Provision
As at 1 April 2024 - - -
As at 31 March 2025 - - -
Net Book Value
As at 31 March 2025 50 68,764 68,814
As at 1 April 2024 50 68,764 68,814
6. Debtors
2025 2024
£ £
Due within one year
Other debtors - 2,250
Deferred tax current asset 20,656 14,223
Amounts owed by connected company 1,103,050 658,050
1,123,706 674,523
7. Current Asset Investments
2025 2024
£ £
Listed investments 220,452 -
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 2,114 2,165
Director's loan account 552,757 492,739
Amounts owed to connected company 1,275,000 595,000
1,829,871 1,089,904
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9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 284,713 284,713
Other loans 194,400 194,400
479,113 479,113
Mortgage loans are secured upon the respective freehold investment properties concerned. Included within creditors: amounts falling due after more than one year is an amount of £ 479,113 (2023 £ 479,113 ) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.
10. Share Capital
2025 2024
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
2 Ordinary A shares of £ 1.00 each 2 2
102 102
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