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Registered number: 03012937
Archrise Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Focal Business Group Limited
Chartered Institue of Management Accountants
4A Church Street
Market Harborough
Leicestershire
LE16 7AA
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 03012937
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 51,250 56,250
Tangible Assets 5 241,702 186,316
292,952 242,566
CURRENT ASSETS
Stocks 631,573 535,237
Debtors 6 423,784 429,586
Cash at bank and in hand 79,635 72,465
1,134,992 1,037,288
Creditors: Amounts Falling Due Within One Year 7 (206,797 ) (230,212 )
NET CURRENT ASSETS (LIABILITIES) 928,195 807,076
TOTAL ASSETS LESS CURRENT LIABILITIES 1,221,147 1,049,642
Creditors: Amounts Falling Due After More Than One Year 8 (303,701 ) (222,697 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (44,988 ) (28,301 )
NET ASSETS 872,458 798,644
CAPITAL AND RESERVES
Called up share capital 103 103
Other reserves 4,000 4,000
Profit and Loss Account 868,355 794,541
SHAREHOLDERS' FUNDS 872,458 798,644
Page 1
Page 2
For the year ending 30 April 2024 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
Mr Steven Smith
Director
16 January 2025
The notes on pages 3 to 7 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Archrise Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03012937 . The registered office is 4a Church Street, Market Harborough, Leicestershire, LE16 7AA.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are Franchise fees. It is amortised to profit and loss account over its estimated economic life of 15 years.
2.5. 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:
Leasehold in accordance with the property
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 33% on cost
2.6. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and 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 profit and loss account as incurred.
2.7. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
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2.8. 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.
2.9. Pensions
For a defined benefit scheme, the liability recorded in the balance sheet is the present value of the
defined obligation at that date. The defined benefit obligation is calculated on an annual basis by
independent actuaries.
Actuarial gains and losses are recognised in full in the period in which they occur and are shown in
Other Comprehensive Income.
Current and past service costs, along with settlements or curtailments, are charged to the Income
Statement. Interest on pension plan liabilities are recognised within finance expense.
2.10. Provisions
Provisions are recognised when the Company has a present legal or constructive obligation arising as a
result of a past event, it is probable that an outflow of economic benefits will be required to settle the
obligation and a reliable estimate can be made. Provisions are measured at the present value of the
expenditures expected to be required to settle the obligation taking into account the risks and
uncertainties surrounding the obligation.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 37 (2023: 37)
37 37
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Page 5
4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 1 May 2023 1 75,000 75,001
As at 30 April 2024 1 75,000 75,001
Amortisation
As at 1 May 2023 1 18,750 18,751
Provided during the period - 5,000 5,000
As at 30 April 2024 1 23,750 23,751
Net Book Value
As at 30 April 2024 - 51,250 51,250
As at 1 May 2023 - 56,250 56,250
5. Tangible Assets
Land & Property
Leasehold Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 May 2023 78,332 67,760 469,744 9,202 625,038
Additions - - 109,039 1,704 110,743
As at 30 April 2024 78,332 67,760 578,783 10,906 735,781
Depreciation
As at 1 May 2023 28,210 1,412 400,728 8,372 438,722
Provided during the period 7,224 16,587 30,608 938 55,357
As at 30 April 2024 35,434 17,999 431,336 9,310 494,079
Net Book Value
As at 30 April 2024 42,898 49,761 147,447 1,596 241,702
As at 1 May 2023 50,122 66,348 69,016 830 186,316
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 206 182
Amounts owed by group undertakings 2,520 1,260
Amounts owed by participating interests 98,000 97,000
Other debtors 323,058 331,144
423,784 429,586
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 5,872 6,037
Trade creditors 59,426 53,216
Bank loans and overdrafts 10,000 10,097
Other loans 20,797 40,000
Other creditors 25,945 30,964
Taxation and social security 84,757 89,898
206,797 230,212
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 43,408 48,768
Bank loans 11,929 20,833
Other loans 96,364 -
Other creditors 152,000 153,096
303,701 222,697
9. Pension Commitments
The Company has agreed to fund a defined benefit pension scheme in respect of key employees. The 
most recent actuarial valuation of the obligations of £152,000 (2023 - £152,000) was on 30/04/2024. 
During the year the expense incurred was £Nil (2023 £Nil). 
The principal assumptions used are:
- Discount rate – 3.0%
- Inflation RPI – 3.4%
- Inflation CPI – 3.0% 
- Pre and Post Retirement mortality –S3PMA tables with improvements in the CMI 2020 
model and a long term rate of improvement of 1%.
2024
Present value of defined benefit obligations £152,000
Fair value of scheme assets £0
...CONTINUED
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9. Pension Commitments - continued
Liability recognised in the balance sheet £152,000
2023
Present value of defined benefit obligations £152,000
Fair value of scheme assets £0
Liability recognised in the balance sheet £152,000
Movements in the present value of the defined benefit obligations were as follows: 2024
At the beginning of the year £152,000
Current Service Cost £0
Interest cost £0
Actuarial losses £0
At the end of the year £152,000
10. Parent Undertaking and Controlling Party
The immediate parent undertaking is Archrise Holdings Limited that owns 98% of the company’s share capital.
Archrise Holdings Limited is registered in England and Wales.

The registered office of Archrise Holdings Limited is St Ann's Quay, 118 Quayside, Newcastle Upon Tyne, United
Kingdom, NE1 3BD.
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