Acorah Software Products - Accounts Production 16.8.310 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 09954955 Nitehash Varsani Geeta Varsani iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09954955 2024-01-31 09954955 2025-01-31 09954955 2024-02-01 2025-01-31 09954955 frs-core:CurrentFinancialInstruments 2025-01-31 09954955 frs-core:Non-currentFinancialInstruments 2025-01-31 09954955 frs-core:ComputerEquipment 2025-01-31 09954955 frs-core:ComputerEquipment 2024-02-01 2025-01-31 09954955 frs-core:ComputerEquipment 2024-01-31 09954955 frs-core:FurnitureFittings 2025-01-31 09954955 frs-core:FurnitureFittings 2024-02-01 2025-01-31 09954955 frs-core:FurnitureFittings 2024-01-31 09954955 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-31 09954955 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 09954955 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-31 09954955 frs-core:MotorVehicles 2025-01-31 09954955 frs-core:MotorVehicles 2024-02-01 2025-01-31 09954955 frs-core:MotorVehicles 2024-01-31 09954955 frs-core:ShareCapital 2025-01-31 09954955 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 09954955 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 09954955 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 09954955 frs-bus:SmallEntities 2024-02-01 2025-01-31 09954955 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 09954955 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 09954955 frs-bus:Director1 2024-02-01 2025-01-31 09954955 frs-bus:Director2 2024-02-01 2025-01-31 09954955 frs-countries:EnglandWales 2024-02-01 2025-01-31 09954955 2023-01-31 09954955 2024-01-31 09954955 2023-02-01 2024-01-31 09954955 frs-core:CurrentFinancialInstruments 2024-01-31 09954955 frs-core:Non-currentFinancialInstruments 2024-01-31 09954955 frs-core:ShareCapital 2024-01-31 09954955 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 09954955
Varsani One Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Varsani One Limited
Contents
Contents

| Page
--- | ---
Company Information | 1
Balance Sheet | 2—3
Notes to the Financial Statements | 4—6

Page 1
Varsani One Limited
Company Information
For The Year Ended 31 January 2025
Company Information

Directors | Nitehash Varsani
| Geeta Varsani
Company Number | 09954955
Registered Office | 120 Cavendish Place
| Eastbourne
| East Sussex
| BN21 3TZ
Accountants | Diamond Accounts Limited
| 120 Cavendish Place
| Eastbourne
| East Sussex
| BN21 3TZ

Page 1
Page 2
Varsani One Limited
Balance Sheet
As At 31 January 2025
Balance Sheet
Registered number: 09954955

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 62,041 |  | 81,062
|  |  | 62,041 |  | 81,062
CURRENT ASSETS
Stocks | 5 | 158,616 |  | 150,176 |
Debtors | 6 | 43,586 |  | 40,956 |
Investments | 7 | - |  | 15,517 |
Cash at bank and in hand |  | 9,246 |  | 92,959 |
|  | 211,448 |  | 299,608 |
Creditors: Amounts Falling Due Within One Year | 8 | (167,076 ) |  | (225,341 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 44,372 |  | 74,267
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 106,413 |  | 155,329
Creditors: Amounts Falling Due After More Than One Year | 9 |  | - |  | (29,330 )
NET ASSETS |  |  | 106,413 |  | 125,999
CAPITAL AND RESERVES
Called up share capital | 10 |  | 100 |  | 100
Profit and Loss Account |  |  | 106,313 |  | 125,899
SHAREHOLDERS' FUNDS |  |  | 106,413 |  | 125,999

Page 2
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Varsani One Limited
Balance Sheet (continued)
As At 31 January 2025
For the year ending 31 January 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

Nitehash Varsani Director | Geeta Varsani Director
25/04/2025

The notes on pages 4 to 6 form part of these financial statements.
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Varsani One Limited
Notes to the Financial Statements
For The Year Ended 31 January 2025
Notes to the Financial Statements
1. General Information
Varsani One Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09954955 . The registered office is 120 Cavendish Place, Eastbourne, East Sussex, BN21 3TZ.
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. 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:

Freehold | NA
Motor Vehicles | 20% Reducing Balance
Fixtures & Fittings | 25% Reducing Balance
Computer Equipment | 33.33% Straight Line Method

2.4. 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.
2.5. 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 year 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 asset reflects 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 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.
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Varsani One Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2025
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2024: 13)
13 13
4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
| £ | £ | £ | £ | £
Cost
As at 1 February 2024 | 2,250 | 30,315 | 205,341 | 899 | 238,805
As at 31 January 2025 | 2,250 | 30,315 | 205,341 | 899 | 238,805
Depreciation
As at 1 February 2024 | - | 16,653 | 140,193 | 897 | 157,743
Provided during the period | - | 2,732 | 16,287 | 2 | 19,021
As at 31 January 2025 | - | 19,385 | 156,480 | 899 | 176,764
Net Book Value
As at 31 January 2025 | 2,250 | 10,930 | 48,861 | - | 62,041
As at 1 February 2024 | 2,250 | 13,662 | 65,148 | 2 | 81,062

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Materials | 158,616 |  | 150,176

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Prepayments and accrued income | 5,624 |  | 941
Other debtors | 37,962 |  | 40,015
| 43,586 |  | 40,956

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Varsani One Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2025
7. Current Asset Investments

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Unlisted investments | - |  | 15,517

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 43,706 |  | 48,916
Corporation tax | 9,201 |  | 18,839
Other taxes and social security | 973 |  | 5,044
VAT | 13,347 |  | 14,784
Net wages | 2,516 |  | 2,516
Other creditors | - |  | 1,512
Accruals and deferred income | 3,784 |  | 16,041
Directors' loan accounts | 93,549 |  | 117,689
| 167,076 |  | 225,341

9. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | - |  | 29,330

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

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