Acorah Software Products - Accounts Production 16.3.350 false true true false 22 September 2023 31 December 2024 31 December 2024 15155510 Mr Karl Wood Mr David Swann iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15155510 2023-09-21 15155510 2024-12-31 15155510 2023-09-22 2024-12-31 15155510 frs-core:CurrentFinancialInstruments 2024-12-31 15155510 frs-core:ShareCapital 2024-12-31 15155510 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 15155510 frs-bus:PrivateLimitedCompanyLtd 2023-09-22 2024-12-31 15155510 frs-bus:FilletedAccounts 2023-09-22 2024-12-31 15155510 frs-bus:SmallEntities 2023-09-22 2024-12-31 15155510 frs-bus:AuditExempt-NoAccountantsReport 2023-09-22 2024-12-31 15155510 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-22 2024-12-31 15155510 frs-bus:OrdinaryShareClass1 2023-09-22 2024-12-31 15155510 frs-bus:OrdinaryShareClass1 2024-12-31 15155510 frs-bus:Director1 2023-09-22 2024-12-31 15155510 frs-bus:Director2 2023-09-22 2024-12-31 15155510 frs-countries:EnglandWales 2023-09-22 2024-12-31
Registered number: 15155510
OurPulse Limited
Unaudited Financial Statements
For the Period 22 September 2023 to 31 December 2024
Indigo Green Accountants Limited
Chartered Accountants
The Boar Shed
Shirlheath
Kingsland
Herefordshire
HR6 9RJ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 15155510
31 December 2024
Notes £ £
CURRENT ASSETS
Debtors 4 13,914
Cash at bank and in hand 13,042
26,956
Creditors: Amounts Falling Due Within One Year 5 (66,184 )
NET CURRENT ASSETS (LIABILITIES) (39,228 )
TOTAL ASSETS LESS CURRENT LIABILITIES (39,228 )
NET LIABILITIES (39,228 )
CAPITAL AND RESERVES
Called up share capital 6 100
Profit and Loss Account (39,328 )
SHAREHOLDERS' FUNDS (39,228)
For the period ending 31 December 2024 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 Karl Wood
Director
11 June 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
OurPulse Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15155510 . The registered office is Lakeside Offices Thorn Business Park, Rotherwas, Hereford, Herefordshire, HR2 6JT.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.  The directors will continue to support the company as required.
2.3. 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.
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.
2.4. Financial Instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year or on demand
are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss
in other operating expenses.
Basic financial instruments are recognised at amortised cost using the effective interest method, except
for investments in nonconvertible preference and non puttable ordinary shares which are measured at fair
value, with changes recognised in the profit and loss. Derivative financial instruments are intially recorded
at cost and thereafter at fair value with changes recognised in profit or loss.
Directors loans are recognised at transaction price.
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Page 3
2.5. 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 period, 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.
2.6. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
2.7. Software Development
Costs relating to the software development of a mobile app are recognised in the profit and loss account when they are incurred.  
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
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Page 4
4. Debtors
31 December 2024
£
Due within one year
Prepayments and accrued income 102
Other debtors 8,916
VAT 4,896
13,914
5. Creditors: Amounts Falling Due Within One Year
31 December 2024
£
Trade creditors 2,438
Other creditors 25,364
Accruals and deferred income 705
Directors' loan accounts 37,677
66,184
6. Share Capital
31 December 2024
Allotted, called up but not fully paid £
100 Ordinary Shares of £ 1.00 each 100
Shares issued during the period: £
100 Ordinary Shares of £ 1.00 each 100
Page 4