Acorah Software Products - Accounts Production 16.8.310 false true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 08862111 Mr Mohamed Salah Ghaly Mr Frederick Huxtable iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08862111 2024-06-30 08862111 2025-06-30 08862111 2024-07-01 2025-06-30 08862111 frs-core:CurrentFinancialInstruments 2025-06-30 08862111 frs-core:Non-currentFinancialInstruments 2025-06-30 08862111 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-07-01 2025-06-30 08862111 frs-core:OtherResidualIntangibleAssets 2025-06-30 08862111 frs-core:OtherResidualIntangibleAssets 2024-06-30 08862111 frs-core:ShareCapital 2025-06-30 08862111 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 08862111 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 08862111 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 08862111 frs-bus:SmallEntities 2024-07-01 2025-06-30 08862111 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 08862111 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 08862111 frs-bus:Director1 2024-07-01 2025-06-30 08862111 frs-bus:Director2 2024-07-01 2025-06-30 08862111 frs-countries:EnglandWales 2024-07-01 2025-06-30 08862111 2023-06-30 08862111 2024-06-30 08862111 2023-07-01 2024-06-30 08862111 frs-core:CurrentFinancialInstruments 2024-06-30 08862111 frs-core:Non-currentFinancialInstruments 2024-06-30 08862111 frs-core:ShareCapital 2024-06-30 08862111 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: 08862111
SALAH UK COMMERCIAL LIMITED
Unaudited Financial Statements
For The Year Ended 30 June 2025
SALAH UK COMMERCIAL LIMITED
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
SALAH UK COMMERCIAL LIMITED
Balance Sheet
As At 30 June 2025
Balance Sheet
Registered number: 08862111

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investment Properties | 5 |  | 1,475,000 |  | 1,703,850
|  |  | 1,475,000 |  | 1,703,850
CURRENT ASSETS
Debtors | 6 | 760,754 |  | 491,537 |
Investments | 7 | 14,900,868 |  | 28,949,492 |
Cash at bank and in hand |  | 28,895,737 |  | 7,252,170 |
|  | 44,557,359 |  | 36,693,199 |
Creditors: Amounts Falling Due Within One Year | 8 | (10,166,853 ) |  | (8,809,772 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 34,390,506 |  | 27,883,427
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 35,865,506 |  | 29,587,277
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (351,037 ) |  | (284,858 )
NET ASSETS |  |  | 35,514,469 |  | 29,302,419
CAPITAL AND RESERVES
Called up share capital | 10 |  | 1 |  | 1
Profit and Loss Account |  |  | 35,514,468 |  | 29,302,418
SHAREHOLDERS' FUNDS |  |  | 35,514,469 |  | 29,302,419

Page 1
Page 2
SALAH UK COMMERCIAL LIMITED
Balance Sheet (continued)
As At 30 June 2025
For the year ending 30 June 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 Frederick Huxtable Director
29/01/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
SALAH UK COMMERCIAL LIMITED
Notes to the Financial Statements
For The Year Ended 30 June 2025
Notes to the Financial Statements
1. General Information
SALAH UK COMMERCIAL LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 08862111 . The registered office is Vineyards Business Centre, , Suite 3, 36 Gloucester Avenue,, London, NW1 7BB.
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 rendering of services.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives, no to exceed twenty years.
Impairment of intangible assets is only reviewed where circumsta nces indicate that the carrying value of an asset may not be fully recoverable.
2.4. 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.
2.5. 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.
2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
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SALAH UK COMMERCIAL LIMITED
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
4. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 July 2024 | 188,750
As at 30 June 2025 | 188,750
Amortisation
As at 1 July 2024 | 188,750
As at 30 June 2025 | 188,750
Net Book Value
As at 30 June 2025 | -
As at 1 July 2024 | -

5. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 July 2024 | 1,703,850
Fair value adjustments | (228,850 )
As at 30 June 2025 | 1,475,000

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 705,000 |  | 49,221
Prepayments and accrued income | 4,688 |  | 404,150
Other debtors | 51,066 |  | 38,166
| 760,754 |  | 491,537

7. Current Asset Investments

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Short term deposits | 14,900,868 |  | 28,949,492

Page 4
Page 5
SALAH UK COMMERCIAL LIMITED
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 29,628 |  | 42,581
Corporation tax | 1,211,686 |  | 363,428
Other taxes and social security | 3,735 |  | 7,367
VAT | 233,067 |  | 412,465
Net wages | 8,966 |  | 17,931
Accruals and deferred income | - |  | 12,350
Directors' loan accounts | 2,646,377 |  | 2,639,828
Amounts owed to related parties | 6,033,394 |  | 5,313,822
| 10,166,853 |  | 8,809,772

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other creditors | 351,037 |  | 284,858

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1 |  | 1

11. Related Party Transactions
During the previous years, the company received a loan from the director which in 2025 amounts to a total of £2,646,3776. The loan is repayable on demand and the rate of interest charged is 0%. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
There is an oustanding debt with an associated company (Amounts owed to related parties) that amounts to £6,033,394 having increased from £5,313,822 in the previous year.
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