Acorah Software Products - Accounts Production 19.4.351 false true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 02802733 Mr Anad Krishnan Muthusamy Mrs Sunita Zechariah iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02802733 2025-03-31 02802733 2026-03-31 02802733 2025-04-01 2026-03-31 02802733 frs-core:CurrentFinancialInstruments 2026-03-31 02802733 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2026-03-31 02802733 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-04-01 2026-03-31 02802733 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 02802733 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2026-03-31 02802733 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 02802733 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 02802733 frs-core:RevaluationReserve 2025-03-31 02802733 frs-core:RevaluationReserve 2026-03-31 02802733 frs-core:ShareCapital 2026-03-31 02802733 frs-core:RetainedEarningsAccumulatedLosses 2025-04-01 2026-03-31 02802733 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2025-03-31 02802733 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 02802733 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 02802733 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 02802733 frs-bus:SmallEntities 2025-04-01 2026-03-31 02802733 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 02802733 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 02802733 frs-bus:Director1 2025-04-01 2026-03-31 02802733 frs-bus:Director2 2025-04-01 2026-03-31 02802733 frs-countries:EnglandWales 2025-04-01 2026-03-31 02802733 2024-03-31 02802733 2025-03-31 02802733 2024-04-01 2025-03-31 02802733 frs-core:CurrentFinancialInstruments 2025-03-31 02802733 frs-core:RevaluationReserve 2025-03-31 02802733 frs-core:ShareCapital 2025-03-31 02802733 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 02802733
Foray 542 Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 02802733
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,475,266 1,491,980
1,475,266 1,491,980
CURRENT ASSETS
Cash at bank and in hand 25,725 2,599
25,725 2,599
Creditors: Amounts Falling Due Within One Year 6 (297,682 ) (287,870 )
NET CURRENT ASSETS (LIABILITIES) (271,957 ) (285,271 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,203,309 1,206,709
NET ASSETS 1,203,309 1,206,709
CAPITAL AND RESERVES
Called up share capital 7 2 2
Revaluation reserve 8 531,063 531,063
Profit and Loss Account 672,244 675,644
SHAREHOLDERS' FUNDS 1,203,309 1,206,709
Page 1
Page 2
For the year ending 31 March 2026 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 Anad Krishnan Muthusamy
Director
1 October 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Foray 542 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02802733 . The registered office is Parker Russell Level 30, The Leadenhall Building, 122 Leadenhall Street, London , EC3V 4AB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
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 0
Leasehold 50 years
2.4. Investment Properties
Investment properties should not be subject to periodic charges for depreciation on the basis set out in SSAP 12, except for properties held on lease which should be depreciated on the basis set out in SSAP 12 at least over the period when the unexpired term is 20 years or less.
Investment properties should be included in the balance sheet at their open market value.
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.
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Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2026 2025
Office and administration 2 2
2 2
4. Tangible Assets
Land & Property
Freehold Leasehold Total
£ £ £
Cost
As at 1 April 2025 900,000 835,728 1,735,728
As at 31 March 2026 900,000 835,728 1,735,728
Depreciation
As at 1 April 2025 - 243,748 243,748
Provided during the period - 16,714 16,714
As at 31 March 2026 - 260,462 260,462
Net Book Value
As at 31 March 2026 900,000 575,266 1,475,266
As at 1 April 2025 900,000 591,980 1,491,980
5. Debtors
2026 2025
£ £
Due within one year
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Corporation tax 3,123 3,593
Other creditors 3,250 3,250
Accruals and deferred income 290 -
Directors' loan accounts 291,019 281,027
297,682 287,870
7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 2 2
Page 4
Page 5
8. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 April 2025 531,063 675,644
Loss for the year and total comprehensive income - (3,400 )
As at 31 March 2026 531,063 672,244
Page 5