Acorah Software Products - Accounts Production 19.2.350 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 02011450 Mr Chetan Sagoo iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02011450 2024-07-31 02011450 2025-07-31 02011450 2024-08-01 2025-07-31 02011450 frs-core:CurrentFinancialInstruments 2025-07-31 02011450 frs-core:Non-currentFinancialInstruments 2025-07-31 02011450 frs-core:BetweenOneFiveYears 2025-07-31 02011450 frs-core:ComputerEquipment 2025-07-31 02011450 frs-core:ComputerEquipment 2024-08-01 2025-07-31 02011450 frs-core:ComputerEquipment 2024-07-31 02011450 frs-core:FurnitureFittings 2025-07-31 02011450 frs-core:FurnitureFittings 2024-08-01 2025-07-31 02011450 frs-core:FurnitureFittings 2024-07-31 02011450 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-07-31 02011450 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-01 2025-07-31 02011450 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-31 02011450 frs-core:MotorVehicles 2025-07-31 02011450 frs-core:MotorVehicles 2024-08-01 2025-07-31 02011450 frs-core:MotorVehicles 2024-07-31 02011450 frs-core:PlantMachinery 2024-08-01 2025-07-31 02011450 frs-core:RevaluationReserve 2024-07-31 02011450 frs-core:RevaluationReserve 2025-07-31 02011450 frs-core:ShareCapital 2025-07-31 02011450 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 02011450 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 02011450 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 02011450 frs-bus:SmallEntities 2024-08-01 2025-07-31 02011450 frs-bus:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 02011450 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 02011450 frs-core:ListedExchangeTraded 2025-07-31 02011450 frs-core:ListedExchangeTraded 2024-07-31 02011450 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-07-31 02011450 frs-core:CostValuation frs-core:ListedExchangeTraded 2025-07-31 02011450 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-07-31 02011450 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2025-07-31 02011450 frs-bus:Director1 2024-08-01 2025-07-31 02011450 frs-countries:EnglandWales 2024-08-01 2025-07-31 02011450 2023-07-31 02011450 2024-07-31 02011450 2023-08-01 2024-07-31 02011450 frs-core:CurrentFinancialInstruments 2024-07-31 02011450 frs-core:Non-currentFinancialInstruments 2024-07-31 02011450 frs-core:BetweenOneFiveYears 2024-07-31 02011450 frs-core:RevaluationReserve 2024-07-31 02011450 frs-core:ShareCapital 2024-07-31 02011450 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 02011450
Argan Asset Holdings Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2025
Sagoo & Co.
Argan Asset Holdings Ltd
Contents
Contents

| Page
--- | ---
Accountants' Report | 1
Balance Sheet | 2—3
Notes to the Financial Statements | 4—8

Page 1
Argan Asset Holdings Ltd
Accountants' Report
For The Year Ended 31 July 2025
Accountants' Report
In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the balance sheet as at year ended 31 July 2025 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. 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.

CSJ Financial Solutions Ltd
05/05/2026

Sagoo & Co.
Chartered Accountants
63 The Grove
London
W5 5LL
Page 1
Page 2
Argan Asset Holdings Ltd
Balance Sheet
As At 31 July 2025
Balance Sheet
Registered number: 02011450

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 6,958,354 |  | 6,948,219
Investments | 5 |  | 9,467 |  | 9,467
|  |  | 6,967,821 |  | 6,957,686
CURRENT ASSETS
Debtors | 6 | 227,699 |  | 240,450 |
Investments | 7 | 49,481 |  | 49,481 |
Cash at bank and in hand |  | 94,113 |  | 47,645 |
|  | 371,293 |  | 337,576 |
Creditors: Amounts Falling Due Within One Year | 8 | (69,353 ) |  | (86,704 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 301,940 |  | 250,872
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 7,269,761 |  | 7,208,558
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (4,848,996 ) |  | (4,829,071 )
NET ASSETS |  |  | 2,420,765 |  | 2,379,487
CAPITAL AND RESERVES
Called up share capital | 11 |  | 100 |  | 100
Revaluation reserve | 12 |  | 2,100,000 |  | 2,100,000
Profit and Loss Account |  |  | 320,665 |  | 279,387
SHAREHOLDERS' FUNDS |  |  | 2,420,765 |  | 2,379,487

Page 2
Page 3
Argan Asset Holdings Ltd
Balance Sheet (continued)
As At 31 July 2025
For the year ending 31 July 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 Chetan Sagoo Director
05/05/2026

The notes on pages 4 to 8 form part of these financial statements.
Page 3
Page 4
Argan Asset Holdings Ltd
Notes to the Financial Statements
For The Year Ended 31 July 2025
Notes to the Financial Statements
1. General Information
Argan Asset Holdings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 02011450 . The registered office is 63 The Grove, London, W5 5LL.
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 | 0%
Plant & Machinery | 15% reducing balance
Motor Vehicles | 15% reducing balance
Fixtures & Fittings | 15% reducing balance
Computer Equipment | 15% reducing balance

Page 4
Page 5
Argan Asset Holdings Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
2.4. 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.
2.5. 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 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: 2 (2024: 4)
2 4
Page 5
Page 6
Argan Asset Holdings Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
| £ | £ | £ | £ | £
Cost
As at 1 August 2024 | 6,900,143 | 64,900 | 33,558 | 1,259 | 6,999,860
Additions | - | 38,660 | - | - | 38,660
Disposals | - | (37,500 ) | - | - | (37,500 )
As at 31 July 2025 | 6,900,143 | 66,060 | 33,558 | 1,259 | 7,001,020
Depreciation
As at 1 August 2024 | - | 24,058 | 27,098 | 485 | 51,641
Provided during the period | - | 4,803 | 969 | 116 | 5,888
Disposals | - | (14,863 ) | - | - | (14,863 )
As at 31 July 2025 | - | 13,998 | 28,067 | 601 | 42,666
Net Book Value
As at 31 July 2025 | 6,900,143 | 52,062 | 5,491 | 658 | 6,958,354
As at 1 August 2024 | 6,900,143 | 40,842 | 6,460 | 774 | 6,948,219

5. Investments

| Listed
--- | ---
| £
Cost
As at 1 August 2024 | 9,467
As at 31 July 2025 | 9,467
Provision
As at 1 August 2024 | -
As at 31 July 2025 | -
Net Book Value
As at 31 July 2025 | 9,467
As at 1 August 2024 | 9,467

Page 6
Page 7
Argan Asset Holdings Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 25,236 |  | 21,486
Prepayments and accrued income | 1,379 |  | 1,462
Other debtors | 201,084 |  | 217,502
| 227,699 |  | 240,450

7. Current Asset Investments

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Unlisted investments | 49,481 |  | 49,481

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 14,492 |  | 14,954
Bank loans and overdrafts | 22,963 |  | 28,193
Corporation tax | 6,211 |  | 4,317
Other creditors | 5,104 |  | 39,240
Accruals and deferred income | 20,583 |  | -
| 69,353 |  | 86,704

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 37,198 |  | -
Bank loans | 4,630,000 |  | 4,630,000
Other loans | 181,798 |  | 199,071
| 4,848,996 |  | 4,829,071

10. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years | 37,198 |  | -

Page 7
Page 8
Argan Asset Holdings Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
11. Share Capital

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

12. Reserves

| Revaluation Reserve
--- | ---
| £
As at 1 August 2024 | 2,100,000
As at 31 July 2025 | 2,100,000

Page 8