Acorah Software Products - Accounts Production 16.1.300 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 11159164 Mr Antony Howard Fleetwood Mrs Sarah Joy Fleetwood iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11159164 2024-01-31 11159164 2025-01-31 11159164 2024-02-01 2025-01-31 11159164 frs-core:CurrentFinancialInstruments 2025-01-31 11159164 frs-core:PlantMachinery 2025-01-31 11159164 frs-core:PlantMachinery 2024-02-01 2025-01-31 11159164 frs-core:PlantMachinery 2024-01-31 11159164 frs-core:ShareCapital 2025-01-31 11159164 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 11159164 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 11159164 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 11159164 frs-bus:SmallEntities 2024-02-01 2025-01-31 11159164 frs-bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 11159164 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 11159164 frs-bus:Director1 2024-02-01 2025-01-31 11159164 frs-bus:Director2 2024-02-01 2025-01-31 11159164 frs-countries:EnglandWales 2024-02-01 2025-01-31 11159164 2023-01-31 11159164 2024-01-31 11159164 2023-02-01 2024-01-31 11159164 frs-core:CurrentFinancialInstruments 2024-01-31 11159164 frs-core:ShareCapital 2024-01-31 11159164 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 11159164
One Nine Solutions Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Steve Pye & Co.
Chartered Certified Accountants
3 North Lynn Bus. Village
Bergen Way, North Lynn Industrial Estate
King's Lynn
Norfolk
PE30 2JG
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of One Nine Solutions Limited for the year ended 31 January 2025
To order assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of One Nine Solutions Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of One Nine Solutions Limited , as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of One Nine Solutions Limited and state those matters that we have agreed to state to the directors of One Nine Solutions Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than One Nine Solutions Limited and its directors as a body for our work or for this report.
It is your duty to ensure that One Nine Solutions Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of One Nine Solutions Limited . You consider that One Nine Solutions Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of One Nine Solutions Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
Steve Pye & Co
17 February 2025
Steve Pye & Co.
Chartered Certified Accountants
3 North Lynn Bus. Village
Bergen Way, North Lynn Industrial Estate
King's Lynn
Norfolk
PE30 2JG
Page 1
Page 2
Balance Sheet
Registered number: 11159164
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,746 2,558
3,746 2,558
CURRENT ASSETS
Debtors 5 1,490 7,094
Cash at bank and in hand 285,379 257,094
286,869 264,188
Creditors: Amounts Falling Due Within One Year 6 (92,019 ) (102,617 )
NET CURRENT ASSETS (LIABILITIES) 194,850 161,571
TOTAL ASSETS LESS CURRENT LIABILITIES 198,596 164,129
PROVISIONS FOR LIABILITIES
Deferred Taxation (839 ) (550 )
NET ASSETS 197,757 163,579
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 197,755 163,577
SHAREHOLDERS' FUNDS 197,757 163,579
Page 2
Page 3
For the year ending 31 January 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.
On behalf of the board
Mr Antony Howard Fleetwood
Director
17 February 2025
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
One Nine Solutions Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
The presentation currency of the financial statements is the Pound Sterling (£).
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. Significant judgements and estimations
In the application of the company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period to which the estimate is revised if the revision affects only that period or in the period of revision and future periods if the revision affects both current and future periods. The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are the depreciation charges that are calculated with reference to the useful economic life of fixed assets.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 
2.4. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. 
Plant & Machinery 25% on reducing balance
2.5. Financial Instruments
The company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.
a) Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.
b) Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand.
c) Impairment of financial assets
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.
For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.
For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.
d) Trade and other creditors
...CONTINUED
Page 4
Page 5
2.5. Financial Instruments - continued
Debt instruments like loans and other accounts payable are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable within one year, typically trade payables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an outright short-term loan not at market rate, the financial asset is measured, initially and subsequently, at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
2.6. 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.
2.7. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 February 2024 7,076
Additions 2,823
Disposals (916 )
As at 31 January 2025 8,983
Depreciation
As at 1 February 2024 4,518
Provided during the period 1,248
Disposals (529 )
As at 31 January 2025 5,237
Net Book Value
As at 31 January 2025 3,746
As at 1 February 2024 2,558
Page 5
Page 6
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 6,529
Other debtors 1,490 565
1,490 7,094
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 28 26
Other creditors 60,646 75,473
Taxation and social security 31,345 27,118
92,019 102,617
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 6