Acorah Software Products - Accounts Production 16.1.200 false true true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 11583344 Mr Benjamin Carver Mr David Millican iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11583344 2023-09-30 11583344 2024-09-30 11583344 2023-10-01 2024-09-30 11583344 frs-core:CurrentFinancialInstruments 2024-09-30 11583344 frs-core:ComputerEquipment 2024-09-30 11583344 frs-core:ComputerEquipment 2023-10-01 2024-09-30 11583344 frs-core:ComputerEquipment 2023-09-30 11583344 frs-core:FurnitureFittings 2024-09-30 11583344 frs-core:FurnitureFittings 2023-10-01 2024-09-30 11583344 frs-core:FurnitureFittings 2023-09-30 11583344 frs-core:OtherReservesSubtotal 2024-09-30 11583344 frs-core:SharePremium 2024-09-30 11583344 frs-core:ShareCapital 2024-09-30 11583344 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 11583344 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11583344 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 11583344 frs-bus:SmallEntities 2023-10-01 2024-09-30 11583344 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 11583344 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 11583344 frs-core:CostValuation 2023-09-30 11583344 frs-core:CostValuation 2024-09-30 11583344 frs-core:ProvisionsForImpairmentInvestments 2023-09-30 11583344 frs-core:ImpairmentLossProvisionsForImpairmentInvestments 2024-09-30 11583344 frs-core:ProvisionsForImpairmentInvestments 2024-09-30 11583344 frs-bus:Director1 2023-10-01 2024-09-30 11583344 frs-bus:Director2 2023-10-01 2024-09-30 11583344 frs-countries:EnglandWales 2023-10-01 2024-09-30 11583344 2022-09-30 11583344 2023-09-30 11583344 2022-10-01 2023-09-30 11583344 frs-core:CurrentFinancialInstruments 2023-09-30 11583344 frs-core:OtherReservesSubtotal 2023-09-30 11583344 frs-core:SharePremium 2023-09-30 11583344 frs-core:ShareCapital 2023-09-30 11583344 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 11583344
Skiller Whale Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11583344
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 16,505 23,252
Investments 5 2,500 97,837
19,005 121,089
CURRENT ASSETS
Debtors 6 92,165 232,068
Cash at bank and in hand 46,014 544,776
138,179 776,844
Creditors: Amounts Falling Due Within One Year 7 (411,180 ) (335,059 )
NET CURRENT ASSETS (LIABILITIES) (273,001 ) 441,785
TOTAL ASSETS LESS CURRENT LIABILITIES (253,996 ) 562,874
NET (LIABILITIES)/ASSETS (253,996 ) 562,874
CAPITAL AND RESERVES
Called up share capital 8 165 165
Share premium account 3,452,435 3,362,436
Other reserves 307,079 152,010
Profit and Loss Account (4,013,675 ) (2,951,737 )
SHAREHOLDERS' FUNDS (253,996) 562,874
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For the year ending 30 September 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 Benjamin Carver
Director
14/02/2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Skiller Whale Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11583344 . The registered office is 71-75 Shelton Street, London, Greater London, WC2H 9JQ.
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. Going Concern Disclosure
The financial statements have been prepared on the going concern basis. The company sustained losses during the year however the directors are confident that the performance of the company will be reversed. The directors and investors undertake to continue to support the company until such time so that the company may meet its obligations, if and when they become due. On this basis, the directors are therefore of the opinion that they should adopt the going concern basis in preparing the annual financial statements.
2.3. 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 rendering of services. 
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.
2.4. 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:
Fixtures & Fittings 20% Straight line
Computer Equipment 25% Reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2023: 13)
12 13
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 October 2023 3,082 33,659 36,741
Additions - 750 750
Disposals - (3,335 ) (3,335 )
As at 30 September 2024 3,082 31,074 34,156
Depreciation
As at 1 October 2023 1,361 12,128 13,489
Provided during the period 617 5,625 6,242
Disposals - (2,080 ) (2,080 )
As at 30 September 2024 1,978 15,673 17,651
Net Book Value
As at 30 September 2024 1,104 15,401 16,505
As at 1 October 2023 1,721 21,531 23,252
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5. Investments
Subsidiaries
£
Cost
As at 1 October 2023 97,837
As at 30 September 2024 97,837
Provision
As at 1 October 2023 -
Impairment losses 95,337
As at 30 September 2024 95,337
Net Book Value
As at 30 September 2024 2,500
As at 1 October 2023 97,837
At the end of the year, the company’s wholly-owned subsidiary, Skiller Whale HK Limited, incorporated in Hong Kong, operates as a service company providing services to the UK.
Investments in subsidiaries are held at cost less impairment. The impairment review performed in the year to September 2024 has resulted in an impairment due to the decreased trading in Skiller Whale HK Limited. 
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 69,095 143,524
Prepayments and accrued income 18,070 76,256
Other debtors 5,000 11,974
VAT - 314
92,165 232,068
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 6,566 4,001
Other taxes and social security 22,513 31,425
VAT 46,446 -
Accruals and deferred income 335,655 299,633
411,180 335,059
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 165 165
9. Share based payments
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Share based arrangements existed during the period. 
The company has 106,791 options granted and vesting at the period end date to be settled via equity. All options start to vest after the employee has completed 1 year of service and will vest monthly for a period of 3 years (4 years in total). 
28,492 options vested during the period. 
Details of movement in the number of Options: 
(i) outstanding at the beginning of the period; 87,901
(ii) granted during the period; 20,850
(iii) forfeited during the period; 6,019
(iv) exercised during the period; 5,840
(v) expired during the period; 0
(vi) outstanding at the end of the period; 96,892
and (vii) exercisable at the end of the period 54,194
Management have deemed the value of equity instruments to be equal to the latest share price when the options were granted. £155,069 (2023:152,010) has been recognised during the period as an expense. 
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