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 10677965 Mr Amir Edalatian Alipour iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10677965 2024-03-31 10677965 2025-03-31 10677965 2024-04-01 2025-03-31 10677965 frs-core:CurrentFinancialInstruments 2025-03-31 10677965 frs-core:ComputerEquipment 2025-03-31 10677965 frs-core:ComputerEquipment 2024-04-01 2025-03-31 10677965 frs-core:ComputerEquipment 2024-03-31 10677965 frs-core:ShareCapital 2025-03-31 10677965 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10677965 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10677965 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10677965 frs-bus:SmallEntities 2024-04-01 2025-03-31 10677965 frs-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 10677965 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10677965 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31 10677965 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-03-31 10677965 frs-bus:Director1 2024-04-01 2025-03-31 10677965 frs-countries:EnglandWales 2024-04-01 2025-03-31 10677965 2023-03-31 10677965 2024-03-31 10677965 2023-04-01 2024-03-31 10677965 frs-core:CurrentFinancialInstruments 2024-03-31 10677965 frs-core:ShareCapital 2024-03-31 10677965 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10677965 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31
Registered number: 10677965
Artak Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Anderson Ross Accounting & Tax Ltd
G-05 Davenport House
16 Pepper Street
London
E14 9RP
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountants' Report
Report to the director on the preparation of the unaudited statutory accounts of Artak Limited For The Year Ended 31 March 2025
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Artak Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of Artak Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Artak Limited and state those matters that we have agreed to state to the director of Artak Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Artak Limited and its director as a body for our work or for this report.
It is your duty to ensure that Artak Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Artak Limited . You consider that Artak Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Artak Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Anderson Ross Accounting and Tax
9 December 2025
Anderson Ross Accounting & Tax Ltd
G-05 Davenport House
16 Pepper Street
London
E14 9RP
Page 1
Page 2
Balance Sheet
Registered number: 10677965
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,015 1,269
Investment Properties 5 1,294,147 1,294,147
1,295,162 1,295,416
CURRENT ASSETS
Debtors 6 115 131
Cash at bank and in hand 1,713 2,228
1,828 2,359
Creditors: Amounts Falling Due Within One Year 7 (1,117,177 ) (1,099,877 )
NET CURRENT ASSETS (LIABILITIES) (1,115,349 ) (1,097,518 )
TOTAL ASSETS LESS CURRENT LIABILITIES 179,813 197,898
PROVISIONS FOR LIABILITIES
Deferred Taxation (43,585 ) (43,585 )
NET ASSETS 136,228 154,313
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Fair value reserve 9 229,396 229,396
Profit and Loss Account (94,168 ) (76,083 )
SHAREHOLDERS' FUNDS 136,228 154,313
Page 2
Page 3
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 Amir Edalatian Alipour
Director
9 December 2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Artak Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10677965 . The registered office is G-05 Davenport House, 16 Pepper Street, London, E14 9RP.
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:
Computer Equipment 20% reducing balance method
2.3. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 1 1
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2024 4,889
As at 31 March 2025 4,889
Depreciation
As at 1 April 2024 3,620
Provided during the period 254
As at 31 March 2025 3,874
...CONTINUED
Page 4
Page 5
Net Book Value
As at 31 March 2025 1,015
As at 1 April 2024 1,269
5. Investment Property
2025
£
Fair Value
As at 1 April 2024 and 31 March 2025 1,294,147
6. Debtors
2025 2024
£ £
Due within one year
VAT 115 131
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other taxes and social security 100 100
Accruals and deferred income 767 767
Director's loan account 1,116,310 1,099,010
1,117,177 1,099,877
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
9. Reserves
Fair Value Reserve
£
As at 1 April 2024 229,396
As at 31 March 2025 229,396
10. Related Party Transactions
Included in creditors falling due within one year is an amount of £1,116,310 (2024: £1,099,010) payable to the director. The loan is interest free.
Page 5