Acorah Software Products - Accounts Production 16.8.310 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 01691192 N D Shah Mr N D Shah true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01691192 2024-03-31 01691192 2025-03-31 01691192 2024-04-01 2025-03-31 01691192 frs-core:CurrentFinancialInstruments 2025-03-31 01691192 frs-core:Non-currentFinancialInstruments 2025-03-31 01691192 frs-core:FurnitureFittings 2025-03-31 01691192 frs-core:FurnitureFittings 2024-04-01 2025-03-31 01691192 frs-core:FurnitureFittings 2024-03-31 01691192 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 01691192 frs-core:MotorVehicles 2025-03-31 01691192 frs-core:MotorVehicles 2024-04-01 2025-03-31 01691192 frs-core:MotorVehicles 2024-03-31 01691192 frs-core:PlantMachinery 2024-04-01 2025-03-31 01691192 frs-core:SharePremium 2025-03-31 01691192 frs-core:ShareCapital 2025-03-31 01691192 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 01691192 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 01691192 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 01691192 frs-bus:SmallEntities 2024-04-01 2025-03-31 01691192 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 01691192 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 01691192 frs-bus:OrdinaryShareClass1 2024-04-01 2025-03-31 01691192 frs-bus:OrdinaryShareClass1 2025-03-31 01691192 1 2024-04-01 2025-03-31 01691192 frs-core:ListedExchangeTraded 2025-03-31 01691192 frs-core:ListedExchangeTraded 2024-03-31 01691192 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-03-31 01691192 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2025-03-31 01691192 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2025-03-31 01691192 frs-core:CostValuation frs-core:ListedExchangeTraded 2025-03-31 01691192 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-03-31 01691192 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2025-03-31 01691192 frs-bus:Director1 2024-04-01 2025-03-31 01691192 frs-bus:Director1 2024-03-31 01691192 frs-bus:Director1 2025-03-31 01691192 frs-countries:EnglandWales 2024-04-01 2025-03-31 01691192 2023-03-31 01691192 2024-03-31 01691192 2023-04-01 2024-03-31 01691192 frs-core:CurrentFinancialInstruments 2024-03-31 01691192 frs-core:Non-currentFinancialInstruments 2024-03-31 01691192 frs-core:SharePremium 2024-03-31 01691192 frs-core:ShareCapital 2024-03-31 01691192 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 01691192 frs-bus:OrdinaryShareClass1 2023-04-01 2024-03-31 01691192 frs-core:CurrentFinancialInstruments 2 2024-03-31
Registered number: 01691192
Shasonic Galleria Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Shasonic Galleria Limited
Contents
Contents

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

Page 1
Shasonic Galleria Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 01691192

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 7,563 |  | 12,226
Investment Properties | 5 |  | 1,393,925 |  | 1,393,925
Investments | 6 |  | 192,636 |  | 133,232
|  |  | 1,594,124 |  | 1,539,383
CURRENT ASSETS
Stocks | 7 | 331,244 |  | 502,983 |
Debtors | 8 | 469,761 |  | 428,420 |
Cash at bank and in hand |  | 123,730 |  | 72,515 |
|  | 924,735 |  | 1,003,918 |
Creditors: Amounts Falling Due Within One Year | 9 | (1,722,326 ) |  | (1,759,186 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (797,591 ) |  | (755,268 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 796,533 |  | 784,115
NET ASSETS |  |  | 796,533 |  | 784,115
CAPITAL AND RESERVES
Called up share capital | 10 |  | 55,384 |  | 55,384
Share premium account |  |  | 144,613 |  | 144,613
Profit and Loss Account |  |  | 596,536 |  | 584,118
SHAREHOLDERS' FUNDS |  |  | 796,533 |  | 784,115

Page 1
Page 2
Shasonic Galleria Limited
Balance Sheet (continued)
As At 31 March 2025
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

N D Shah Director
9 March 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Shasonic Galleria Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Shasonic Galleria Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01691192 . The registered office is Linksway House, 38 Linksway, Northwood, Middlesex, HA6 2XB.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 | is not amortised
Plant & Machinery | 25% on reducing balance
Motor Vehicles | 25% on reducing balance
Fixtures & Fittings | 25% on reducing balance

2.4. Investment Properties
Investment properties shall be included in the balance sheet at their most recent valuation. Any aggregate surplus or deficit arising from changes in market value is transferred to a revaluation reserve.
2.5. Leasing and Hire Purchase Contracts
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight-line basis over the period of the lease.
2.6. Stocks and Work in Progress
Stocks 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.
2.7. 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.
2.8. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 6)
3 6
Page 3
Page 4
Shasonic Galleria Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
4. Tangible Assets

| Motor Vehicles | Fixtures & Fittings | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 April 2024 | 12,100 | 4,725 | 16,825
As at 31 March 2025 | 12,100 | 4,725 | 16,825
Depreciation
As at 1 April 2024 | 1,512 | 3,087 | 4,599
Provided during the period | 3,025 | 1,638 | 4,663
As at 31 March 2025 | 4,537 | 4,725 | 9,262
Net Book Value
As at 31 March 2025 | 7,563 | - | 7,563
As at 1 April 2024 | 10,588 | 1,638 | 12,226

5. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 April 2024 and 31 March 2025 | 1,393,925

6. Investments

| Listed
--- | ---
| £
Cost or Valuation
As at 1 April 2024 | 133,232
Additions | 25,000
Revaluations | 34,404
As at 31 March 2025 | 192,636
Provision
As at 1 April 2024 | -
As at 31 March 2025 | -
Net Book Value
As at 31 March 2025 | 192,636
As at 1 April 2024 | 133,232

7. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Finished goods | - |  | 171,739
Work in progress | 331,244 |  | 331,244
| 331,244 |  | 502,983

Page 4
Page 5
Shasonic Galleria Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
8. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 3,014 |  | 22,395
Prepayments and accrued income | 709 |  | 14,952
Other debtors | 151,851 |  | 203,882
Director's loan account | 6,000 |  | -
| 161,574 |  | 241,229
Due after more than one year
Other debtors | 308,187 |  | 187,191
| 469,761 |  | 428,420

9. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 5,308 |  | 30,049
Bank loans and overdrafts | 31,064 |  | 36,571
Other taxes and social security | 367 |  | 1,699
VAT | 3,118 |  | 8,195
Other creditors | 1,610,058 |  | 1,610,058
Pension contributions | - |  | 203
Accruals and deferred income | 9,005 |  | 9,005
Amounts owed to related parties | 63,406 |  | 63,406
| 1,722,326 |  | 1,759,186

The amount for Other creditors is due to a company connected by virtue of common control.
10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 55,384 |  | 55,384

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
55,384 Ordinary Shares of £ 1 each | 55,384 |  | 55,384

11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 April 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 March 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Narendra Shah | - | 6,000 | - | - | 6,000

The above loan is unsecured, interest free and repayable on demand.
12. Ultimate Controlling Party
The company's ultimate controlling party is Mr N D Shah by virtue of his ownership of 100% of the issued share capital in the company.
Page 5