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 07604795 Mr Glen Robinson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07604795 2024-03-31 07604795 2025-03-31 07604795 2024-04-01 2025-03-31 07604795 frs-core:CurrentFinancialInstruments 2025-03-31 07604795 frs-core:Non-currentFinancialInstruments 2025-03-31 07604795 frs-core:ComputerEquipment 2025-03-31 07604795 frs-core:ComputerEquipment 2024-04-01 2025-03-31 07604795 frs-core:ComputerEquipment 2024-03-31 07604795 frs-core:MotorVehicles 2025-03-31 07604795 frs-core:MotorVehicles 2024-04-01 2025-03-31 07604795 frs-core:MotorVehicles 2024-03-31 07604795 frs-core:RevaluationReserve 2024-03-31 07604795 frs-core:RevaluationReserve 2025-03-31 07604795 frs-core:ShareCapital 2025-03-31 07604795 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07604795 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07604795 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 07604795 frs-bus:SmallEntities 2024-04-01 2025-03-31 07604795 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07604795 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07604795 frs-core:UnlistedNon-exchangeTraded 2025-03-31 07604795 frs-core:UnlistedNon-exchangeTraded 2024-03-31 07604795 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 07604795 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 07604795 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 07604795 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 07604795 frs-bus:Director1 2024-04-01 2025-03-31 07604795 frs-countries:EnglandWales 2024-04-01 2025-03-31 07604795 2023-03-31 07604795 2024-03-31 07604795 2023-04-01 2024-03-31 07604795 frs-core:CurrentFinancialInstruments 2024-03-31 07604795 frs-core:Non-currentFinancialInstruments 2024-03-31 07604795 frs-core:RevaluationReserve 2024-03-31 07604795 frs-core:ShareCapital 2024-03-31 07604795 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 07604795
ASPIRE WILL WRITERS LTD
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07604795
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,657 12,876
Investment Properties 5 208,666 208,666
Investments 6 249,990 249,990
468,313 471,532
CURRENT ASSETS
Cash at bank and in hand 232,758 207,627
232,758 207,627
Creditors: Amounts Falling Due Within One Year 7 (7,007 ) (9,423 )
NET CURRENT ASSETS (LIABILITIES) 225,751 198,204
TOTAL ASSETS LESS CURRENT LIABILITIES 694,064 669,736
Creditors: Amounts Falling Due After More Than One Year 8 (527,887 ) (527,887 )
NET ASSETS 166,177 141,849
CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 3,500 3,500
Profit and Loss Account 162,577 138,249
SHAREHOLDERS' FUNDS 166,177 141,849
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 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 Glen Robinson
Director
03/02/2025
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
ASPIRE WILL WRITERS LTD is a private company, limited by shares, incorporated in England & Wales, registered number 07604795 . The registered office is 4 The Elms , St Faiths Road, Norwich, NORFOLK, NR6 7BP.
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:
Motor Vehicles 25% reducing balance
Computer Equipment 25% reducing balance
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: )
- -
Page 3
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4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 40,495 865 41,360
As at 31 March 2025 40,495 865 41,360
Depreciation
As at 1 April 2024 27,683 801 28,484
Provided during the period 3,203 16 3,219
As at 31 March 2025 30,886 817 31,703
Net Book Value
As at 31 March 2025 9,609 48 9,657
As at 1 April 2024 12,812 64 12,876
5. Investment Property
2025
£
Fair Value
As at 1 April 2024 and 31 March 2025 208,666
6. Investments
Unlisted
£
Cost
As at 1 April 2024 249,990
As at 31 March 2025 249,990
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 249,990
As at 1 April 2024 249,990
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 545 1,470
Taxation and social security 6,462 7,953
7,007 9,423
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Page 5
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other creditors 527,887 527,887
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
10. Reserves
Revaluation Reserve
£
As at 1 April 2024 3,500
As at 31 March 2025 3,500
Page 5