Acorah Software Products - Accounts Production 16.1.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 11319020 Mr David Wood Mr Paul Hughes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11319020 2023-03-31 11319020 2024-03-31 11319020 2023-04-01 2024-03-31 11319020 frs-core:CurrentFinancialInstruments 2024-03-31 11319020 frs-core:Non-currentFinancialInstruments 2024-03-31 11319020 frs-core:BetweenOneFiveYears 2024-03-31 11319020 frs-core:ComputerEquipment 2024-03-31 11319020 frs-core:ComputerEquipment 2023-04-01 2024-03-31 11319020 frs-core:ComputerEquipment 2023-03-31 11319020 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 11319020 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 11319020 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 11319020 frs-core:MotorVehicles 2024-03-31 11319020 frs-core:MotorVehicles 2023-04-01 2024-03-31 11319020 frs-core:MotorVehicles 2023-03-31 11319020 frs-core:WithinOneYear 2024-03-31 11319020 frs-core:ShareCapital 2024-03-31 11319020 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11319020 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11319020 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 11319020 frs-bus:SmallEntities 2023-04-01 2024-03-31 11319020 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11319020 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11319020 frs-bus:OrdinaryShareClass2 2023-04-01 2024-03-31 11319020 frs-bus:OrdinaryShareClass2 2024-03-31 11319020 frs-bus:OrdinaryShareClass3 2023-04-01 2024-03-31 11319020 frs-bus:OrdinaryShareClass3 2024-03-31 11319020 frs-bus:OrdinaryShareClass4 2023-04-01 2024-03-31 11319020 frs-bus:OrdinaryShareClass4 2024-03-31 11319020 frs-bus:Director1 2023-04-01 2024-03-31 11319020 frs-bus:Director1 2023-03-31 11319020 frs-bus:Director1 2024-03-31 11319020 frs-bus:Director2 2023-04-01 2024-03-31 11319020 frs-bus:Director2 2023-03-31 11319020 frs-bus:Director2 2024-03-31 11319020 frs-countries:EnglandWales 2023-04-01 2024-03-31 11319020 2022-03-31 11319020 2023-03-31 11319020 2022-04-01 2023-03-31 11319020 frs-core:CurrentFinancialInstruments 2023-03-31 11319020 frs-core:Non-currentFinancialInstruments 2023-03-31 11319020 frs-core:BetweenOneFiveYears 2023-03-31 11319020 frs-core:WithinOneYear 2023-03-31 11319020 frs-core:ShareCapital 2023-03-31 11319020 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 11319020 frs-bus:OrdinaryShareClass2 2022-04-01 2023-03-31 11319020 frs-bus:OrdinaryShareClass3 2022-04-01 2023-03-31 11319020 frs-bus:OrdinaryShareClass4 2022-04-01 2023-03-31
Registered number: 11319020
Nebular Holdings Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11319020
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 508,975 379,620
508,975 379,620
CURRENT ASSETS
Debtors 5 123,169 129,948
Cash at bank and in hand 446,618 330,091
569,787 460,039
Creditors: Amounts Falling Due Within One Year 6 (158,134 ) (598,224 )
NET CURRENT ASSETS (LIABILITIES) 411,653 (138,185 )
TOTAL ASSETS LESS CURRENT LIABILITIES 920,628 241,435
Creditors: Amounts Falling Due After More Than One Year 7 (246,438 ) (241,226 )
NET ASSETS 674,190 209
CAPITAL AND RESERVES
Called up share capital 9 200 200
Profit and Loss Account 673,990 9
SHAREHOLDERS' FUNDS 674,190 209
Page 1
Page 2
For the year ending 31 March 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 Paul Hughes
Director
17 October 2024
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
Nebular Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11319020 . The registered office is 7 St. Petersgate, Stockport, SK1 1EB.
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. 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:
Freehold Nil
Motor Vehicles 20% Reducing balance
Computer Equipment 25% Straight line
2.3. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 209,786 191,122 6,821 407,729
Additions - 177,682 2,798 180,480
As at 31 March 2024 209,786 368,804 9,619 588,209
Depreciation
As at 1 April 2023 - 25,783 2,326 28,109
Provided during the period - 49,185 1,940 51,125
As at 31 March 2024 - 74,968 4,266 79,234
Net Book Value
As at 31 March 2024 209,786 293,836 5,353 508,975
As at 1 April 2023 209,786 165,339 4,495 379,620
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Page 4
5. Debtors
2024 2023
£ £
Due within one year
Amounts owed by participating interests 116,311 113,083
Other debtors 6,858 16,865
123,169 129,948
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 22,494 18,397
Bank loans and overdrafts 4,447 4,447
Amounts owed to participating interests 25,003 573,898
Other creditors 106,190 925
Taxation and social security - 557
158,134 598,224
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 122,996 113,708
Bank loans 123,442 127,518
246,438 241,226
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 22,494 18,397
Later than one year and not later than five years 122,996 113,708
145,490 132,105
145,490 132,105
9. Share Capital
2024 2023
Allotted, called up and fully paid £ £
95 Ordinary A shares of £ 1.00 each 95 95
95 Ordinary B shares of £ 1.00 each 95 95
10 Ordinary C shares of £ 1.00 each 10 10
200 200
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10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2023 Amounts advanced Amounts repaid Amounts written off As at 31 March 2024
£ £ £ £ £
Mr David Wood 16,865 126,000 (54,166 ) - 50,279
Mr Paul Hughes - 143,398 (95,649 ) - 47,748
The above loan is unsecured, interest free and repayable on demand.
Page 5