Acorah Software Products - Accounts Production 19.2.350 false true true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 14326034 C L Oduya D A Silcott S Tuitt M Valechha iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14326034 2024-08-31 14326034 2025-08-31 14326034 2024-09-01 2025-08-31 14326034 frs-core:CurrentFinancialInstruments 2025-08-31 14326034 frs-core:ShareCapital 2025-08-31 14326034 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 14326034 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 14326034 frs-bus:AbridgedAccounts 2024-09-01 2025-08-31 14326034 frs-bus:SmallEntities 2024-09-01 2025-08-31 14326034 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 14326034 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 14326034 frs-core:CostValuation 2024-08-31 14326034 frs-core:AdditionsToInvestments 2025-08-31 14326034 frs-core:CostValuation 2025-08-31 14326034 frs-bus:Director1 2024-09-01 2025-08-31 14326034 frs-bus:Director2 2024-09-01 2025-08-31 14326034 frs-bus:Director3 2024-09-01 2025-08-31 14326034 frs-bus:Director4 2024-09-01 2025-08-31 14326034 frs-countries:EnglandWales 2024-09-01 2025-08-31 14326034 2023-08-31 14326034 2024-08-31 14326034 2023-09-01 2024-08-31 14326034 frs-core:CurrentFinancialInstruments 2024-08-31 14326034 frs-core:ShareCapital 2024-08-31 14326034 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31
Registered number: 14326034
Serra FS Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 August 2025
Serra FS Ltd
Contents
Contents

| Page
--- | ---
Abridged Balance Sheet | 1—2
Notes to the Abridged Financial Statements | 3—4

Page 1
Serra FS Ltd
Abridged Balance Sheet
As At 31 August 2025
Abridged Balance Sheet
Registered number: 14326034

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investments | 4 |  | 590 |  | 1
|  |  | 590 |  | 1
CURRENT ASSETS
Debtors |  | 24,342 |  | 4,512 |
Cash at bank and in hand |  | 18,934 |  | - |
|  | 43,276 |  | 4,512 |
Creditors: Amounts Falling Due Within One Year |  | (94,139 ) |  | (23,537 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (50,863 ) |  | (19,025 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (50,273 ) |  | (19,024 )
NET LIABILITIES |  |  | (50,273 ) |  | (19,024 )
CAPITAL AND RESERVES
Called up share capital | 5 |  | 40 |  | 40
Profit and Loss Account |  |  | (50,313 ) |  | (19,064 )
SHAREHOLDERS' FUNDS |  |  | (50,273) |  | (19,024)

Page 1
Page 2
Serra FS Ltd
Abridged Balance Sheet (continued)
As At 31 August 2025
For the year ending 31 August 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 August 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board

C L Oduya Director
17 May 2026

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Serra FS Ltd
Notes to the Abridged Financial Statements
For The Year Ended 31 August 2025
Notes to the Abridged Financial Statements
1. General Information
Serra FS Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14326034 . The registered office is 20-22 Wenlock Road, London, N1 7GU.
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.
The company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

- the requirements of Section 7 Statement of cash flows.

The presentation currency of the financial statements is the pound sterling (£).
Preparation of consolidated financial statements
The company and the group are considered small under section 383 of the Companies Act 2006 and are considered eligible for the exemption to prepare consolidated finanical statements as determined by reference to sections 384 and 399(2A) of the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The company intends to meet financial obligations through the availability of finance from directors and other investors.
2.3. 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.
2.4. 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: 4 (2024: 4)
4 4
Page 3
Page 4
Serra FS Ltd
Notes to the Abridged Financial Statements (continued)
For The Year Ended 31 August 2025
4. Investments

| Total
--- | ---
| £
Cost or Valuation
As at 1 September 2024 | 1
Additions | 589
As at 31 August 2025 | 590
Provision
As at 1 September 2024 | -
As at 31 August 2025 | -
Net Book Value
As at 31 August 2025 | 590
As at 1 September 2024 | 1

The company's investments at the Balance Sheet date in the share capital of companies include the following subsidiary undertakings:
Serra Money UK Ltd
Registered office: 20 Wenlock Road, London, N1 7GU
Nature of business: Financial intermediation (pre-trading)
Class of share: Ordinary
Holding: 100%
Aggregate capital and reserves: £(8,832)
Serra Inc.
Registered in Montserrat
Nature of business: Financial intermediation (pre-trading)
Class of share: Ordinary
Holding: 100%
Aggregated capital and reserves: £589
5. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Called Up Share Capital not Paid | 40 |  | 40
Amount of Allotted, Called Up Share Capital | 40 |  | 40

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