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 11053815 James Harris Rachel Harris iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11053815 2024-03-31 11053815 2025-03-31 11053815 2024-04-01 2025-03-31 11053815 frs-core:CurrentFinancialInstruments 2025-03-31 11053815 frs-core:BetweenOneFiveYears 2025-03-31 11053815 frs-core:ComputerEquipment 2025-03-31 11053815 frs-core:ComputerEquipment 2024-04-01 2025-03-31 11053815 frs-core:ComputerEquipment 2024-03-31 11053815 frs-core:WithinOneYear 2025-03-31 11053815 frs-core:ShareCapital 2025-03-31 11053815 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 11053815 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11053815 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 11053815 frs-bus:SmallEntities 2024-04-01 2025-03-31 11053815 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11053815 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11053815 frs-bus:Director1 2024-04-01 2025-03-31 11053815 frs-bus:Director2 2024-04-01 2025-03-31 11053815 frs-countries:EnglandWales 2024-04-01 2025-03-31 11053815 2023-03-31 11053815 2024-03-31 11053815 2023-04-01 2024-03-31 11053815 frs-core:CurrentFinancialInstruments 2024-03-31 11053815 frs-core:BetweenOneFiveYears 2024-03-31 11053815 frs-core:WithinOneYear 2024-03-31 11053815 frs-core:ShareCapital 2024-03-31 11053815 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 11053815
striveX Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
striveX Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 11053815
2025 2024
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 101,540 96,016
Cash at bank and in hand 50,167 7,617
151,707 103,633
Creditors: Amounts Falling Due Within One Year 6 (58,198 ) (83,146 )
NET CURRENT ASSETS (LIABILITIES) 93,509 20,487
TOTAL ASSETS LESS CURRENT LIABILITIES 93,509 20,487
NET ASSETS 93,509 20,487
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 93,409 20,387
SHAREHOLDERS' FUNDS 93,509 20,487
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
James Harris
Director
03/06/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
striveX Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11053815 . The registered office is Beacon House, Ibstone Road, Stokenchurch, High Wycombe, Buckinghamshire, HP14 3FE.
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. 
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 assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer Equipment Straight Line Basis - 100%
2.4. Financial Instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.
2.5. 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.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and any prior period over or under estimates.
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.
Current tax is recognised in profit or loss for the year, except when it relates to items that are recognised in other comprehensive income or directly in equity, in which case current tax is recognised in other comprehensive income or directly in equity respectively.
2.7. 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.
2.8. Government Grant
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 20 (2024: 16)
20 16
Page 2
Page 3
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2024 21,988
Additions 7,851
As at 31 March 2025 29,839
Depreciation
As at 1 April 2024 21,988
Provided during the period 7,851
As at 31 March 2025 29,839
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 81,423 60,717
Other debtors 20,117 35,299
101,540 96,016
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 4,137 36,193
Taxation and social security 54,061 46,953
58,198 83,146
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
8. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 44,400 28,500
Later than one year and not later than five years 11,100 -
55,500 28,500
Page 3
Page 4
9. Related Party Transactions
During the year, the directors were repaid £33,080 (2024 - £34,666) from the company. At the year end the amount
owed to directors total £1,166 (2024 - £34,246).
Page 4