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 08477007 Mr Christopher Toumazou Mr Kadri Mahmoud Mr Kiranjeet Mandla iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08477007 2024-03-31 08477007 2025-03-31 08477007 2024-04-01 2025-03-31 08477007 frs-core:CurrentFinancialInstruments 2025-03-31 08477007 frs-core:Non-currentFinancialInstruments 2025-03-31 08477007 frs-core:ComputerEquipment 2025-03-31 08477007 frs-core:ComputerEquipment 2024-04-01 2025-03-31 08477007 frs-core:ComputerEquipment 2024-03-31 08477007 frs-core:FurnitureFittings 2024-04-01 2025-03-31 08477007 frs-core:MotorVehicles 2025-03-31 08477007 frs-core:MotorVehicles 2024-04-01 2025-03-31 08477007 frs-core:MotorVehicles 2024-03-31 08477007 frs-core:ShareCapital 2025-03-31 08477007 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08477007 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08477007 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 08477007 frs-bus:SmallEntities 2024-04-01 2025-03-31 08477007 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08477007 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08477007 frs-bus:Director1 2024-04-01 2025-03-31 08477007 frs-bus:Director2 2024-04-01 2025-03-31 08477007 frs-bus:Director3 2024-04-01 2025-03-31 08477007 frs-core:CurrentFinancialInstruments 3 2025-03-31 08477007 frs-core:CurrentFinancialInstruments 4 2025-03-31 08477007 frs-countries:EnglandWales 2024-04-01 2025-03-31 08477007 2023-03-31 08477007 2024-03-31 08477007 2023-04-01 2024-03-31 08477007 frs-core:CurrentFinancialInstruments 2024-03-31 08477007 frs-core:Non-currentFinancialInstruments 2024-03-31 08477007 frs-core:ShareCapital 2024-03-31 08477007 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08477007 frs-core:CurrentFinancialInstruments 3 2024-03-31 08477007 frs-core:CurrentFinancialInstruments 4 2024-03-31
Registered number: 08477007
Compulsory Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
FMA Accountants
Chartered Certified Accountants
C/O FMA Online Ltd
Building 3 Chiswick Business Park
566 Chiswick High Road
Chiswick
W4 5YA
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08477007
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 2,633 3,981
2,633 3,981
CURRENT ASSETS
Debtors 4 340,231 349,434
Cash at bank and in hand 19,398 6,985
359,629 356,419
Creditors: Amounts Falling Due Within One Year 5 (75,472 ) (60,697 )
NET CURRENT ASSETS (LIABILITIES) 284,157 295,722
TOTAL ASSETS LESS CURRENT LIABILITIES 286,790 299,703
Creditors: Amounts Falling Due After More Than One Year 6 (106,767 ) (124,948 )
NET ASSETS 180,023 174,755
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 179,923 174,655
SHAREHOLDERS' FUNDS 180,023 174,755
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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 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 Christopher Toumazou
Director
04/06/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.
1.3. 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 25% Straight Line
Fixtures & Fittings 25% Straight Line
Computer Equipment 25% Straight Line
1.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 3 (2024: 3)
3 3
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3. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 1,000 5,189 6,189
As at 31 March 2025 1,000 5,189 6,189
Depreciation
As at 1 April 2024 708 1,500 2,208
Provided during the period 250 1,098 1,348
As at 31 March 2025 958 2,598 3,556
Net Book Value
As at 31 March 2025 42 2,591 2,633
As at 1 April 2024 292 3,689 3,981
4. Debtors
2025 2024
£ £
Due within one year
Other debtors 100 100
Intercompany - Entertainment 14,783 19,411
Intercompany - No Lemons Co 306,539 315,277
Directors' loan accounts 18,809 14,646
340,231 349,434
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 1,552 2,727
VAT 5,586 668
Accruals and deferred income 20,000 22,105
Directors' loan accounts 48,334 35,197
75,472 60,697
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6. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 14,767 24,948
Other loans 92,000 100,000
106,767 124,948
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
8. General Information
Compulsory Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08477007 . The registered office is C/O FMA Online Ltd, Building 3 Chiswick Business Park, 566 Chiswick High Road, Chiswick, W4 5YA.
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