Acorah Software Products - Accounts Production 16.2.850 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 08891128 Mr Andrew Morey Ms Sara Yates iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08891128 2024-02-29 08891128 2025-02-28 08891128 2024-03-01 2025-02-28 08891128 frs-core:CurrentFinancialInstruments 2025-02-28 08891128 frs-core:Non-currentFinancialInstruments 2025-02-28 08891128 frs-core:ComputerEquipment 2025-02-28 08891128 frs-core:ComputerEquipment 2024-03-01 2025-02-28 08891128 frs-core:ComputerEquipment 2024-02-29 08891128 frs-core:FurnitureFittings 2025-02-28 08891128 frs-core:FurnitureFittings 2024-03-01 2025-02-28 08891128 frs-core:FurnitureFittings 2024-02-29 08891128 frs-core:MotorVehicles 2025-02-28 08891128 frs-core:MotorVehicles 2024-03-01 2025-02-28 08891128 frs-core:MotorVehicles 2024-02-29 08891128 frs-core:ShareCapital 2025-02-28 08891128 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 08891128 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 08891128 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 08891128 frs-bus:SmallEntities 2024-03-01 2025-02-28 08891128 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 08891128 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 08891128 frs-bus:Director1 2024-03-01 2025-02-28 08891128 frs-bus:Director2 2024-03-01 2025-02-28 08891128 frs-countries:EnglandWales 2024-03-01 2025-02-28 08891128 2023-02-28 08891128 2024-02-29 08891128 2023-03-01 2024-02-29 08891128 frs-core:CurrentFinancialInstruments 2024-02-29 08891128 frs-core:Non-currentFinancialInstruments 2024-02-29 08891128 frs-core:ShareCapital 2024-02-29 08891128 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 08891128
Assurvey Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Sempar Accountancy and Tax Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08891128
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 45,831 862
45,831 862
CURRENT ASSETS
Debtors 5 8,334 14,418
Cash at bank and in hand 33,706 36,227
42,040 50,645
Creditors: Amounts Falling Due Within One Year 6 (38,674 ) (42,401 )
NET CURRENT ASSETS (LIABILITIES) 3,366 8,244
TOTAL ASSETS LESS CURRENT LIABILITIES 49,197 9,106
Creditors: Amounts Falling Due After More Than One Year 7 (38,245 ) (8,438 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (10,427 ) (192 )
NET ASSETS 525 476
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 524 475
SHAREHOLDERS' FUNDS 525 476
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Page 2
For the year ending 28 February 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 Andrew Morey
Director
Ms Sara Yates
Director
30 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
Assurvey Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08891128 . The registered office is 18 Grotto Lane, Tettenhall, Wolverhampton, West Midlands , WV6 9LP.
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.
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:
Motor Vehicles 20% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment Over 3 years on cost
2.4. 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.
2.5. 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.
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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 March 2024 - 5,897 - 5,897
Additions 49,356 - 1,147 50,503
As at 28 February 2025 49,356 5,897 1,147 56,400
Depreciation
As at 1 March 2024 - 5,035 - 5,035
Provided during the period 4,936 216 382 5,534
As at 28 February 2025 4,936 5,251 382 10,569
Net Book Value
As at 28 February 2025 44,420 646 765 45,831
As at 1 March 2024 - 862 - 862
5. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 4,233 1,147
Other taxes and social security 1,921 1,905
Directors' loan accounts 2,180 11,366
8,334 14,418
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 5,571 -
Trade creditors 259 -
Bank loans and overdrafts 6,750 6,750
Corporation tax 9,042 23,851
VAT 7,898 4,876
Other creditors - 750
Accruals and deferred income 1,054 1,134
Payments on account 8,100 5,040
38,674 42,401
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7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 36,557 -
Bank loans 1,688 8,438
38,245 8,438
8. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 42,128 -
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Share capital comprises 100 ordinary shares of £0.001 
10. Directors Advances, Credits and Guarantees
Included within Debtors are loans to directors of £2,180 (2024: £11,366).
The above loans are unsecured, subject to interest at a rate of 2.25% and repayable on demand.
Dividends paid to directors during the year were £73,000 (2024 - £63,000).
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