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 13987814 Mrs M LIU iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13987814 2024-03-31 13987814 2025-03-31 13987814 2024-04-01 2025-03-31 13987814 frs-core:CurrentFinancialInstruments 2025-03-31 13987814 frs-core:Non-currentFinancialInstruments 2025-03-31 13987814 frs-core:ShareCapital 2025-03-31 13987814 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 13987814 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13987814 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 13987814 frs-bus:SmallEntities 2024-04-01 2025-03-31 13987814 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 13987814 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 13987814 frs-bus:Director1 2024-04-01 2025-03-31 13987814 frs-countries:EnglandWales 2024-04-01 2025-03-31 13987814 2023-03-31 13987814 2024-03-31 13987814 2023-04-01 2024-03-31 13987814 frs-core:CurrentFinancialInstruments 2024-03-31 13987814 frs-core:Non-currentFinancialInstruments 2024-03-31 13987814 frs-core:ShareCapital 2024-03-31 13987814 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 13987814 frs-core:Non-currentFinancialInstruments 1 2024-03-31
Registered number: 13987814
Aquios Labs Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Overpaidtax Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13987814
2025 2024
as restated
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 802 6,703
Cash at bank and in hand 24,057 108,507
24,859 115,210
Creditors: Amounts Falling Due Within One Year 5 (501,807 ) (418,638 )
NET CURRENT ASSETS (LIABILITIES) (476,948 ) (303,428 )
TOTAL ASSETS LESS CURRENT LIABILITIES (476,948 ) (303,428 )
Creditors: Amounts Falling Due After More Than One Year 6 (8,387 ) (9,432 )
NET LIABILITIES (485,335 ) (312,860 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (485,336 ) (312,861 )
SHAREHOLDERS' FUNDS (485,335) (312,860)
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 her 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
Mrs M LIU
Director
06/05/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Aquios Labs Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13987814 . The registered office is Laser House, Waterfront Quay, Salford, England, M50 3XW.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 9)
4 9
4. Debtors
2025 2024
as restated
£ £
Due within one year
VAT 802 2,765
Due after more than one year
Rental Deposit - 3,938
802 6,703
5. Creditors: Amounts Falling Due Within One Year
2025 2024
as restated
£ £
Trade creditors 290 1,160
Other creditors 501,517 400,744
Director's loan account - 16,734
501,807 418,638
6. Creditors: Amounts Falling Due After More Than One Year
2025 2024
as restated
£ £
Other taxes and social security 8,387 9,432
Page 2
Page 3
7. Share Capital
2025 2024
as restated
£ £
Allotted, Called up and fully paid 1 1
Page 3