Acorah Software Products - Accounts Production 16.3.350 false true 28 April 2024 29 April 2023 false 29 April 2024 28 April 2025 28 April 2025 01492177 Mr Richard Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01492177 2024-04-28 01492177 2025-04-28 01492177 2024-04-29 2025-04-28 01492177 frs-core:CurrentFinancialInstruments 2025-04-28 01492177 frs-core:FurnitureFittings 2025-04-28 01492177 frs-core:FurnitureFittings 2024-04-29 2025-04-28 01492177 frs-core:FurnitureFittings 2024-04-28 01492177 frs-core:ShareCapital 2025-04-28 01492177 frs-core:RetainedEarningsAccumulatedLosses 2025-04-28 01492177 frs-bus:PrivateLimitedCompanyLtd 2024-04-29 2025-04-28 01492177 frs-bus:FilletedAccounts 2024-04-29 2025-04-28 01492177 frs-bus:SmallEntities 2024-04-29 2025-04-28 01492177 frs-bus:AuditExempt-NoAccountantsReport 2024-04-29 2025-04-28 01492177 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-29 2025-04-28 01492177 frs-core:UnlistedNon-exchangeTraded 2025-04-28 01492177 frs-core:UnlistedNon-exchangeTraded 2024-04-28 01492177 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-04-28 01492177 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-04-28 01492177 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-28 01492177 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-04-28 01492177 frs-bus:Director1 2024-04-29 2025-04-28 01492177 frs-core:CurrentFinancialInstruments 1 2025-04-28 01492177 frs-countries:EnglandWales 2024-04-29 2025-04-28 01492177 2023-04-28 01492177 2024-04-28 01492177 2023-04-29 2024-04-28 01492177 frs-core:CurrentFinancialInstruments 2024-04-28 01492177 frs-core:ShareCapital 2024-04-28 01492177 frs-core:RetainedEarningsAccumulatedLosses 2024-04-28 01492177 frs-core:CurrentFinancialInstruments 1 2024-04-28
Registered number: 01492177
Applied Finance Limited
Unaudited Financial Statements
For The Year Ended 28 April 2025
Coastal Accountants Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 01492177
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 30 40
Investments 5 1,484 1,484
1,514 1,524
CURRENT ASSETS
Debtors 6 1,614,305 1,614,305
1,614,305 1,614,305
Creditors: Amounts Falling Due Within One Year 7 (109,428 ) (108,888 )
NET CURRENT ASSETS (LIABILITIES) 1,504,877 1,505,417
TOTAL ASSETS LESS CURRENT LIABILITIES 1,506,391 1,506,941
PROVISIONS FOR LIABILITIES
Deferred Taxation (218 ) (218 )
NET ASSETS 1,506,173 1,506,723
CAPITAL AND RESERVES
Called up share capital 8 350,000 350,000
Profit and Loss Account 1,156,173 1,156,723
SHAREHOLDERS' FUNDS 1,506,173 1,506,723
For the year ending 28 April 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 Richard Smith
Director
12/05/2025
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
Applied Finance Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01492177 . The registered office is 1 Lower Northam Road, Hedge End, Southampton, SO30 4FN.
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:
Fixtures & Fittings 25% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 29 April 2024 3,000
As at 28 April 2025 3,000
Depreciation
As at 29 April 2024 2,960
Provided during the period 10
As at 28 April 2025 2,970
Net Book Value
As at 28 April 2025 30
As at 29 April 2024 40
5. Investments
Unlisted
£
Cost
As at 29 April 2024 1,484
As at 28 April 2025 1,484
Provision
As at 29 April 2024 -
As at 28 April 2025 -
Net Book Value
As at 28 April 2025 1,484
As at 29 April 2024 1,484
Page 2
Page 3
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,610,000 1,610,000
Prepayments and accrued income 398 398
Claredale Finance Limited 3,907 3,907
1,614,305 1,614,305
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bev McIntyre loan account 107,677 107,137
Accruals and deferred income 540 540
Director's loan account 1,211 1,211
109,428 108,888
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 350,000 350,000
Page 3