Acorah Software Products - Accounts Production 16.1.200 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 04439515 Mr James Marment Mr Francis Le Carpentier Ms Mercedes Le Carpentier Dr Viorel Seica Mr Michael Purcell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04439515 2023-04-30 04439515 2024-04-30 04439515 2023-05-01 2024-04-30 04439515 frs-core:CurrentFinancialInstruments 2024-04-30 04439515 frs-core:Non-currentFinancialInstruments 2024-04-30 04439515 frs-core:ComputerEquipment 2024-04-30 04439515 frs-core:ComputerEquipment 2023-05-01 2024-04-30 04439515 frs-core:ComputerEquipment 2023-04-30 04439515 frs-core:FurnitureFittings 2024-04-30 04439515 frs-core:FurnitureFittings 2023-05-01 2024-04-30 04439515 frs-core:FurnitureFittings 2023-04-30 04439515 frs-core:MotorVehicles 2024-04-30 04439515 frs-core:MotorVehicles 2023-05-01 2024-04-30 04439515 frs-core:MotorVehicles 2023-04-30 04439515 frs-core:ShareCapital 2024-04-30 04439515 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 04439515 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 04439515 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 04439515 frs-bus:SmallEntities 2023-05-01 2024-04-30 04439515 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 04439515 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 04439515 frs-bus:Director1 2023-05-01 2024-04-30 04439515 frs-bus:Director2 2023-05-01 2024-04-30 04439515 frs-bus:Director3 2023-05-01 2024-04-30 04439515 frs-bus:Director4 2023-05-01 2024-04-30 04439515 frs-bus:Director5 2023-05-01 2024-04-30 04439515 frs-countries:EnglandWales 2023-05-01 2024-04-30 04439515 2022-04-30 04439515 2023-04-30 04439515 2022-05-01 2023-04-30 04439515 frs-core:CurrentFinancialInstruments 2023-04-30 04439515 frs-core:Non-currentFinancialInstruments 2023-04-30 04439515 frs-core:MotorVehicles 2022-05-01 2023-04-30 04439515 frs-core:ShareCapital 2023-04-30 04439515 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 04439515
Explora Security Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Directors Mr James Marment
Mr Francis Le Carpentier
Ms Mercedes Le Carpentier
Dr Viorel Seica
Mr Michael Purcell
Company Number 04439515
Registered Office 4 Talina Centre
Bagleys Lane
London
SW6 2BW
Accountants Town & Forest
Chartered Accountants & Statutory Auditors
First Floor, New Barnes Mill
Cottonmill Lane
St Albans
AL1 2HA
Page 1
Page 2
Balance Sheet
Registered number: 04439515
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 41,287 63,459
41,287 63,459
CURRENT ASSETS
Debtors 5 999,293 964,334
Cash at bank and in hand 8,774 18,565
1,008,067 982,899
Creditors: Amounts Falling Due Within One Year 6 (886,015 ) (847,009 )
NET CURRENT ASSETS (LIABILITIES) 122,052 135,890
TOTAL ASSETS LESS CURRENT LIABILITIES 163,339 199,349
Creditors: Amounts Falling Due After More Than One Year 7 (8,750 ) (16,250 )
NET ASSETS 154,589 183,099
CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Profit and Loss Account 144,589 173,099
SHAREHOLDERS' FUNDS 154,589 183,099
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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 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 James Marment
Director
27 January 2025
The notes on pages 4 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Explora Security Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04439515 . The registered office is 4 Talina Centre, Bagleys Lane, London, SW6 2BW.
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 FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The presentation currency of the financial statements is the Pound Sterling (£).

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
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. 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.
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:
Motor Vehicles 20% straight line basis
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on reducing balance
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 profit and loss account as incurred.
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.
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2.6. Taxation
Taxation expense represents the sum of the tax currently payable and deferred tax.
Taxation for the year comprises current and deferred tax. Tax is recognised in the income statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised in respect of all timing difference that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in the tax assessments in periods different from those in which they are recognised in the financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.
2.7. Trade debtors
Trade debtors are carried at original net invoice amount less an estimate for doubtful debtors. Bad debts are written off when identified. Specific provisions are made against debts whose recovery is considered doubtful.
2.8. Provisions and accruals
Provisions are recognised when there is a present legal or constructive obligation as a result of past events and the amount can be reliably estimated. Provisions are not recognised for future operating losses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 5)
5 5
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2023 283,724 4,530 2,841 291,095
As at 30 April 2024 283,724 4,530 2,841 291,095
Depreciation
As at 1 May 2023 222,859 3,216 1,561 227,636
Provided during the period 21,482 263 427 22,172
As at 30 April 2024 244,341 3,479 1,988 249,808
Net Book Value
As at 30 April 2024 39,383 1,051 853 41,287
As at 1 May 2023 60,865 1,314 1,280 63,459
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2024 2023
£ £
Motor Vehicles 39,383 60,865
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,618 3,618
Prepayments and accrued income 3,545 -
Other debtors 17,640 -
VAT 3,550 -
Amounts owed by group undertakings 325,905 205,533
Amounts owed by associates 645,035 755,183
999,293 964,334
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 51,016 51,016
Trade creditors 97,607 93,474
Bank loans and overdrafts 7,500 7,500
Corporation tax 15,663 15,663
VAT - 28,153
Other creditors - 12,724
Accruals and deferred income 30,931 15,931
Directors' loan accounts 8,944 8,944
Amounts owed to group undertakings 144,395 90,373
Amounts owed to associates 529,959 523,231
886,015 847,009
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 8,750 16,250
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