Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 12848699 Mr Benjamin Harvey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12848699 2024-03-31 12848699 2025-03-31 12848699 2024-04-01 2025-03-31 12848699 frs-core:CurrentFinancialInstruments 2025-03-31 12848699 frs-core:ComputerEquipment 2025-03-31 12848699 frs-core:ComputerEquipment 2024-04-01 2025-03-31 12848699 frs-core:ComputerEquipment 2024-03-31 12848699 frs-core:ShareCapital 2025-03-31 12848699 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 12848699 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12848699 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 12848699 frs-bus:SmallEntities 2024-04-01 2025-03-31 12848699 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 12848699 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 12848699 frs-bus:Director1 2024-04-01 2025-03-31 12848699 frs-bus:Director1 2024-03-31 12848699 frs-bus:Director1 2025-03-31 12848699 frs-countries:EnglandWales 2024-04-01 2025-03-31 12848699 2023-03-31 12848699 2024-03-31 12848699 2023-04-01 2024-03-31 12848699 frs-core:CurrentFinancialInstruments 2024-03-31 12848699 frs-core:ShareCapital 2024-03-31 12848699 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 12848699
E7r Ltd
Financial Statements
For The Year Ended 31 March 2025
Cavendish Accountants
Chartered Certified Accountants
CP House
Otterspool Way
Watford
Hertfordshire
WD25 8HR
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12848699
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 352 528
352 528
CURRENT ASSETS
Debtors 5 84,528 12,769
84,528 12,769
Creditors: Amounts Falling Due Within One Year 6 (29,727 ) (10,922 )
NET CURRENT ASSETS (LIABILITIES) 54,801 1,847
TOTAL ASSETS LESS CURRENT LIABILITIES 55,153 2,375
NET ASSETS 55,153 2,375
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 55,053 2,275
SHAREHOLDERS' FUNDS 55,153 2,375
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For the year ending 31 March 2025 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 Benjamin Harvey
Director
14th April 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
E7r Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12848699 . The registered office is Walton Lodge, Great Amwell, Ware, SG12 9SF.
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 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 and from the rendering of services. 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.
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.
2.3. 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:
Computer Equipment 33.3% Straight line
2.4. 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 years 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.
...CONTINUED
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2.4. Taxation - continued
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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2024 1,899
As at 31 March 2025 1,899
Depreciation
As at 1 April 2024 1,371
Provided during the period 176
As at 31 March 2025 1,547
Net Book Value
As at 31 March 2025 352
As at 1 April 2024 528
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 84,528 12,769
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6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1 2
Bank loans and overdrafts 10 -
Other creditors 2,205 995
Taxation and social security 27,511 9,925
29,727 10,922
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Benjamin Harvey 12,669 - - - 84,427
The above loan is unsecured, chargeable at 2.25% interest and repayable on demand.
9. Dividends
2025 2024
£ £
On equity shares:
Final dividend paid 37,500 40,000
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