Acorah Software Products - Accounts Production 16.8.200 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 11599977 Mr Kazi Mohammed Ashiqur Rahman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11599977 2023-12-31 11599977 2024-12-31 11599977 2024-01-01 2024-12-31 11599977 frs-core:CurrentFinancialInstruments 2024-12-31 11599977 frs-core:Non-currentFinancialInstruments 2024-12-31 11599977 frs-core:BetweenOneFiveYears 2024-12-31 11599977 frs-core:ComputerEquipment 2024-12-31 11599977 frs-core:ComputerEquipment 2024-01-01 2024-12-31 11599977 frs-core:ComputerEquipment 2023-12-31 11599977 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-12-31 11599977 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 11599977 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 11599977 frs-core:FurnitureFittings 2024-12-31 11599977 frs-core:FurnitureFittings 2024-01-01 2024-12-31 11599977 frs-core:FurnitureFittings 2023-12-31 11599977 frs-core:MotorVehicles 2024-12-31 11599977 frs-core:MotorVehicles 2024-01-01 2024-12-31 11599977 frs-core:MotorVehicles 2023-12-31 11599977 frs-core:OtherResidualIntangibleAssets 2024-12-31 11599977 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 11599977 frs-core:OtherResidualIntangibleAssets 2023-12-31 11599977 frs-core:PlantMachinery 2024-12-31 11599977 frs-core:PlantMachinery 2024-01-01 2024-12-31 11599977 frs-core:PlantMachinery 2023-12-31 11599977 frs-core:ShareCapital 2024-12-31 11599977 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 11599977 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11599977 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 11599977 frs-bus:SmallEntities 2024-01-01 2024-12-31 11599977 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11599977 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11599977 frs-core:UnlistedNon-exchangeTraded 2024-12-31 11599977 frs-core:UnlistedNon-exchangeTraded 2023-12-31 11599977 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 11599977 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 11599977 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 11599977 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 11599977 frs-core:ImpairmentLossProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 11599977 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 11599977 frs-bus:Director1 2024-01-01 2024-12-31 11599977 frs-countries:EnglandWales 2024-01-01 2024-12-31 11599977 2022-12-31 11599977 2023-12-31 11599977 2023-01-01 2023-12-31 11599977 frs-core:CurrentFinancialInstruments 2023-12-31 11599977 frs-core:Non-currentFinancialInstruments 2023-12-31 11599977 frs-core:BetweenOneFiveYears 2023-12-31 11599977 frs-core:ShareCapital 2023-12-31 11599977 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 11599977
Esem International Ltd
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 11599977
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 62,032 69,338
Tangible Assets 5 1,263,783 1,228,935
Investments 6 139,645 -
1,465,460 1,298,273
CURRENT ASSETS
Stocks 7 2,212,429 1,508,487
Debtors 8 957,322 1,079,435
Cash at bank and in hand 265,255 1,332,033
3,435,006 3,919,955
Creditors: Amounts Falling Due Within One Year 9 (1,585,420 ) (1,183,356 )
NET CURRENT ASSETS (LIABILITIES) 1,849,586 2,736,599
TOTAL ASSETS LESS CURRENT LIABILITIES 3,315,046 4,034,872
Creditors: Amounts Falling Due After More Than One Year 10 (40,219 ) (37,722 )
PROVISIONS FOR LIABILITIES
Provisions For Stock (425,710 ) (851,420 )
NET ASSETS 2,849,117 3,145,730
CAPITAL AND RESERVES
Called up share capital 12 1,000 1,000
Profit and Loss Account 2,848,117 3,144,730
SHAREHOLDERS' FUNDS 2,849,117 3,145,730
Page 1
Page 2
For the year ending 31 December 2024 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 Kazi Mohammed Ashiqur Rahman
Director
16th December 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
Esem International Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11599977 . The registered office is The Loom, Unit 4.8, 14 Gowers Walk, London, E1 8PY.
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.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are websites.  It is amortised to the profit and loss account over its estimated economic life of 3 years.
2.4. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
2.5. 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 3 years straight line
Motor Vehicles 5 years straight line
Fixtures & Fittings 4 years straight line
Computer Equipment 3 years straight line
2.6. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.7. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.8. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.9. 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: 215 (2023: 205)
215 205
4. Intangible Assets
Websites NPD R&D Total
£ £ £
Cost
As at 1 January 2024 17,025 69,648 86,673
Additions 63,920 - 63,920
Disposals - (69,648 ) (69,648 )
As at 31 December 2024 80,945 - 80,945
Amortisation
As at 1 January 2024 3,405 13,930 17,335
Provided during the period 15,508 - 15,508
Disposals - (13,930 ) (13,930 )
As at 31 December 2024 18,913 - 18,913
Net Book Value
As at 31 December 2024 62,032 - 62,032
As at 1 January 2024 13,620 55,718 69,338
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5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 50,675 47,513 1,356,064 78,269 1,532,521
Additions 42,568 17,249 376,905 33,711 470,433
As at 31 December 2024 93,243 64,762 1,732,969 111,980 2,002,954
Depreciation
As at 1 January 2024 12,342 8,503 262,464 20,277 303,586
Provided during the period 26,967 11,251 366,799 30,568 435,585
As at 31 December 2024 39,309 19,754 629,263 50,845 739,171
Net Book Value
As at 31 December 2024 53,934 45,008 1,103,706 61,135 1,263,783
As at 1 January 2024 38,333 39,010 1,093,600 57,992 1,228,935
6. Investments
Unlisted
£
Cost or Valuation
As at 1 January 2024 -
Additions 229,628
As at 31 December 2024 229,628
Provision
As at 1 January 2024 -
Impairment losses 89,983
As at 31 December 2024 89,983
Net Book Value
As at 31 December 2024 139,645
As at 1 January 2024 -
7. Stocks
2024 2023
£ £
Finished goods 2,212,429 1,508,487
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8. Debtors
2024 2023
£ £
Due within one year
Trade debtors 582,614 384,748
Other debtors 227,635 619,111
810,249 1,003,859
Due after more than one year
Other debtors 147,073 75,576
957,322 1,079,435
9. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 663,685 353,968
Bank loans and overdrafts - 986
Other creditors 238,098 159,725
Taxation and social security 683,637 668,677
1,585,420 1,183,356
10. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 40,219 37,722
11. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years 40,219 37,722
12. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
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