Acorah Software Products - Accounts Production 16.8.200 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 10050225 Mr Harith Albazie Mr Harith Albazie Mr Harith Albazie Mr Harith Albazie Mr Mohammed Huque iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10050225 2024-03-31 10050225 2025-03-31 10050225 2024-04-01 2025-03-31 10050225 frs-core:CurrentFinancialInstruments 2025-03-31 10050225 frs-core:Non-currentFinancialInstruments 2025-03-31 10050225 frs-core:ShareCapital 2025-03-31 10050225 frs-core:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 10050225 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10050225 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10050225 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10050225 frs-bus:SmallEntities 2024-04-01 2025-03-31 10050225 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10050225 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10050225 frs-bus:Director1 2024-04-01 2025-03-31 10050225 frs-bus:Director2 2024-04-01 2025-03-31 10050225 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 10050225 frs-countries:EnglandWales 2024-04-01 2025-03-31 10050225 2023-03-31 10050225 2024-03-31 10050225 2023-04-01 2024-03-31 10050225 frs-core:CurrentFinancialInstruments 2024-03-31 10050225 frs-core:Non-currentFinancialInstruments 2024-03-31 10050225 frs-core:ShareCapital 2023-03-31 10050225 frs-core:ShareCapital 2024-03-31 10050225 frs-core:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 10050225 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2023-03-31 10050225 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 10050225
Samara Asset Management Ltd
Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1
Statement of Changes in Equity 2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 10050225
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 953,194 932,271
Cash at bank and in hand 2,315 685
955,509 932,956
Creditors: Amounts Falling Due Within One Year 5 (81,241 ) (81,382 )
NET CURRENT ASSETS (LIABILITIES) 874,268 851,574
TOTAL ASSETS LESS CURRENT LIABILITIES 874,268 851,574
Creditors: Amounts Falling Due After More Than One Year 6 (681,964 ) (654,125 )
NET ASSETS 192,304 197,449
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 192,204 197,349
SHAREHOLDERS' FUNDS 192,304 197,449
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 Harith Albazie
Director
Mr Harith Albazie
Director
22nd December 2025
The notes on page 3 form part of these financial statements.
Page 1
Page 2
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 April 2023 100 14,678 14,778
Loss for the year and total comprehensive income - (15,405 ) (15,405)
Dividends paid - 198,076 198,076
As at 31 March 2024 and 1 April 2024 100 197,349 197,449
Loss for the year and total comprehensive income - (5,145 ) (5,145)
As at 31 March 2025 100 192,204 192,304
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Samara Asset Management Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10050225 . The registered office is First Floor, 6 Butts Court, Leeds, LS1 5JS.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Debtors
2025 2024
£ £
Due within one year
Other debtors 953,194 932,271
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1 -
Accruals and deferred income 1,200 1,200
Directors' loan accounts 80,040 80,182
81,241 81,382
6. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 13,333 22,717
Other creditors 668,631 631,408
681,964 654,125
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 3