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 02449788 Mr Adam Wright Mr Richard Anteney Mr Adam Wright iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02449788 2024-03-31 02449788 2025-03-31 02449788 2024-04-01 2025-03-31 02449788 frs-core:CurrentFinancialInstruments 2025-03-31 02449788 frs-core:Non-currentFinancialInstruments 2025-03-31 02449788 frs-core:ComputerEquipment 2024-04-01 2025-03-31 02449788 frs-core:FurnitureFittings 2024-04-01 2025-03-31 02449788 frs-core:LandBuildings 2025-03-31 02449788 frs-core:LandBuildings 2024-04-01 2025-03-31 02449788 frs-core:LandBuildings 2024-03-31 02449788 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 02449788 frs-core:MotorVehicles 2024-04-01 2025-03-31 02449788 frs-core:PlantMachinery 2025-03-31 02449788 frs-core:PlantMachinery 2024-04-01 2025-03-31 02449788 frs-core:PlantMachinery 2024-03-31 02449788 frs-core:WithinOneYear 2025-03-31 02449788 frs-core:ShareCapital 2025-03-31 02449788 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 02449788 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 02449788 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 02449788 frs-bus:SmallEntities 2024-04-01 2025-03-31 02449788 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 02449788 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 02449788 frs-bus:Director1 2024-04-01 2025-03-31 02449788 frs-bus:Director2 2024-04-01 2025-03-31 02449788 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 02449788 frs-countries:EnglandWales 2024-04-01 2025-03-31 02449788 2023-03-31 02449788 2024-03-31 02449788 2023-04-01 2024-03-31 02449788 frs-core:CurrentFinancialInstruments 2024-03-31 02449788 frs-core:Non-currentFinancialInstruments 2024-03-31 02449788 frs-core:BetweenOneFiveYears 2024-03-31 02449788 frs-core:WithinOneYear 2024-03-31 02449788 frs-core:ShareCapital 2024-03-31 02449788 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 02449788
Icam Archive Systems Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Reach Accounting Solutions Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 02449788
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 183,753 173,256
183,753 173,256
CURRENT ASSETS
Stocks 5 101,643 124,363
Debtors 6 79,274 132,353
Cash at bank and in hand 118,051 98,944
298,968 355,660
Creditors: amounts falling due within one year 7 (216,107 ) (224,815 )
NET CURRENT ASSETS (LIABILITIES) 82,861 130,845
TOTAL ASSETS LESS CURRENT LIABILITIES 266,614 304,101
Creditors: amounts falling due after more than one year 8 (1,752 ) (20,592 )
PROVISIONS FOR LIABILITIES
Deferred taxation 11 (38,820 ) (26,889 )
NET ASSETS 226,042 256,620
CAPITAL AND RESERVES
Called up share capital 12 6 6
Profit and Loss Account 226,036 256,614
SHAREHOLDERS' FUNDS 226,042 256,620
Page 1
Page 2
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 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.
The financial statements were approved by the board of directors on 23 May 2025 and were signed on its behalf by:
Mr Adam Wright
Director
23/05/2025
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
Icam Archive Systems Limited is a private company, limited by shares, registered in England and Wales. The company registration number is 02449788 and the registration address is 1 Premier House, Sneyd Street, Leek, Staffordshire, ST13 5HP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The accounts have been prepared under the historical cost convention and in accordance with
FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as
applied to small entities by Section 1A of the standard)
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of
Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation
and any provision for impairment. Depreciation is provided at rates calculated to write off the
cost or valuation of fixed assets, less their estimated residual value, over their expected useful
lives on the following basis:
Leasehold 10% Reducing Balance
Plant & machinery 20% Reducing Balance
Motor vehicles 20% Reducing Balance
Fixtures & fittings 15% Reducing Balance
Computer equipment 33% reducing Balance
2.4. Leasing and Hire Purchase Contracts
Rentals payable under operating leases are charged against income on a straight line basis
over the lease term
2.5. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value after making due allowance for
obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of
fixed and variable overheads.
2.6. Foreign Currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at
the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are
recorded at the rate ruling at the date of the transaction. All foreign exchange differences are
included to the income statement.
2.7. Government Grant
Government grants received are credited to deferred income. Grants towards capital
expenditure are released to the income statement over the expected useful life of the assets.
Grants received towards revenue expenditure are released to the income statement as the
related expenditure is incurred
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2024: 7)
7 7
Page 3
Page 4
4. Tangible assets
Land & Buildings Plant & Machinery etc. Total
£ £ £
Cost
As at 1 April 2024 90,497 272,348 362,845
Additions - 49,848 49,848
Disposals - (698 ) (698 )
As at 31 March 2025 90,497 321,498 411,995
Depreciation
As at 1 April 2024 35,613 153,976 189,589
Provided during the period 5,488 33,749 39,237
Disposals - (584 ) (584 )
As at 31 March 2025 41,101 187,141 228,242
Net Book Value
As at 31 March 2025 49,396 134,357 183,753
As at 1 April 2024 54,884 118,372 173,256
5. Stocks
2025 2024
£ £
Stock 101,643 124,363
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 30,349 127,977
Other debtors 48,925 4,376
79,274 132,353
7. Creditors: amounts falling due within one year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 6,889 19,936
Trade creditors 63,139 52,601
Bank loans and overdrafts 10,466 10,212
Other creditors 73,268 89,349
Taxation and social security 62,345 52,717
216,107 224,815
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8. Creditors: amounts falling due after more than one year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 8,385
Bank loans 1,752 12,207
1,752 20,592
9. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 6,889 28,231
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 6,889 19,936
Later than one year and not later than five years - 8,385
6,889 28,321
6,889 28,321
11. Deferred taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Other timing differences 38,820 26,889
12. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 6 6
Page 5