Acorah Software Products - Accounts Production 16.3.350 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 13274591 Mr Alexander Ley Mr Andrew Pelton Mrs Nicola Turner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13274591 2024-03-31 13274591 2025-03-31 13274591 2024-04-01 2025-03-31 13274591 frs-core:CurrentFinancialInstruments 2025-03-31 13274591 frs-core:ComputerEquipment 2025-03-31 13274591 frs-core:ComputerEquipment 2024-04-01 2025-03-31 13274591 frs-core:ComputerEquipment 2024-03-31 13274591 frs-core:NetGoodwill 2025-03-31 13274591 frs-core:NetGoodwill 2024-04-01 2025-03-31 13274591 frs-core:NetGoodwill 2024-03-31 13274591 frs-core:WithinOneYear 2025-03-31 13274591 frs-core:SharePremium 2025-03-31 13274591 frs-core:ShareCapital 2025-03-31 13274591 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 13274591 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13274591 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 13274591 frs-bus:SmallEntities 2024-04-01 2025-03-31 13274591 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 13274591 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 13274591 frs-bus:Director1 2024-04-01 2025-03-31 13274591 frs-bus:Director2 2024-04-01 2025-03-31 13274591 frs-bus:Director3 2024-04-01 2025-03-31 13274591 frs-countries:EnglandWales 2024-04-01 2025-03-31 13274591 2023-03-31 13274591 2024-03-31 13274591 2023-04-01 2024-03-31 13274591 frs-core:CurrentFinancialInstruments 2024-03-31 13274591 frs-core:WithinOneYear 2024-03-31 13274591 frs-core:SharePremium 2024-03-31 13274591 frs-core:ShareCapital 2024-03-31 13274591 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 13274591
Scrub AI Holdings Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Finerva
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—5
Page 1
Balance Sheet
Registered number: 13274591
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1 1
Tangible Assets 5 3,938 13,895
3,939 13,896
CURRENT ASSETS
Debtors 6 106,568 13,971
Cash at bank and in hand 652,096 663,040
758,664 677,011
Creditors: Amounts Falling Due Within One Year 7 (361,673 ) (180,878 )
NET CURRENT ASSETS (LIABILITIES) 396,991 496,133
TOTAL ASSETS LESS CURRENT LIABILITIES 400,930 510,029
NET ASSETS 400,930 510,029
CAPITAL AND RESERVES
Called up share capital 8 173 157
Share premium account 2,714,774 1,786,090
Profit and Loss Account (2,314,017 ) (1,276,218 )
SHAREHOLDERS' FUNDS 400,930 510,029
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.
The financial statements were approved by the board of directors on 20 June 2025 and were signed on its behalf by:
Mr Alexander Ley
Director
20 June 2025
The notes on pages 2 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Scrub AI Holdings Ltd is a private company,  limited by shares, incorporated in England & Wales, registered number 13274591 . The registered office is 84 Dagnan Road, London, SW12 9LQ.
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 company’s financial statements have been prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the company’s needs. In assessing going concern, the directors have a reasonable expectation that the company will continue as a going concern and is able to meet all of its obligations as they fall due for a minimum of 12 months from the date of approval of these financial statements.
2.3. Turnover
Revenue is recognised to the extent that it is probable economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Revenue from a contract to provide services is recognised in the period in which the services are provided.
Revenues related to subscriptions are recognized over the period in which the content is  made available online and when the related content is similar in value over time. Subscription income received or receivable in advance of the delivery of content is included in deferred income.
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets.
2.5. Research and Development
Expenditure on research and development is written off in the year it is incurred.
2.6. 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:
Computer Equipment 2 years straight-line
2.7. Leasing and Hire Purchase Contracts
Leases in which the company assumes substantially all the risks and rewards of ownership of the leased asset are classified as finance leases. All other leases are classified as operating leases.

Payments (excluding costs for services and insurance) made under operating leases are recognised in the profit and loss account on a straight-line basis over the term of the lease unless the payments to the lessor are structured to increase in line with expected general inflation; in which case the payments related to the structured increases are recognised as incurred. Lease incentives received are recognised in profit and loss over the term of the lease as an integral part of the total lease expenses.
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2.8. Financial Instruments
Trade and other debtors / creditors
Trade and other debtors are recognised initially at transaction prices less attributable transaction costs. Trade and other creditors are recognised initially at transaction price plus attributable transaction costs. Subsequent to initial recognition they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade debtors. If the arrangement constitutes a financing transaction, for example if payment is deferred beyond normal business terms, then it is measured at the present value of future payments discounted at a market rate of interest for a similar debt instrument.
Investments
Investments in equity instruments are measured initially at fair value, which is normally the transaction price. Transaction costs are excluded if the investments are subsequently measured at fair value through profit or loss. Subsequent to initial recognition investments that can be measured reliably are measured at fair value with changes recognised through profit or loss.
Impairment of financial assets
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found an impairment loss is recognised within profit or loss.
For financial assets that are measured at amortised cost, the impairment loss is measured as the difference between the asset’s carrying amount and the present value of estimated cash flows discounted at the asset’s original effective interest rate.
For financial assets measured at cost less impairment, the impairment loss is measured as the difference between the asset’s carrying amount and the best estimate of the amount that the company would receive for the asset if it were to be sold at the balance sheet date.
2.9. 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.
2.10. Taxation
Income tax expense represents the tax currently payable.
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 for the year is recognised in profit or loss.
3. Average Number of Employees
Average number of employees during the year was as follows: 15 (2024: 13)
15 13
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 1
As at 31 March 2025 1
Net Book Value
As at 31 March 2025 1
As at 1 April 2024 1
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5. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2024 33,529
Additions 574
As at 31 March 2025 34,103
Depreciation
As at 1 April 2024 19,634
Provided during the period 10,531
As at 31 March 2025 30,165
Net Book Value
As at 31 March 2025 3,938
As at 1 April 2024 13,895
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 70,753 -
Other debtors 35,815 13,971
106,568 13,971
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 8,918 4,217
Other creditors 300,929 153,197
Taxation and social security 51,826 23,464
361,673 180,878
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 173 157
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 66,000 -
66,000 -
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10. Pension Commitments
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £3,525 (2024: £3,973) were due to the fund. They are included in Other Creditors.
11. Post Balance Sheet Events
On 3 April 2025, a charge was registered in favour of Innovative UK Loans Limited. This charge includes both fixed and floating charges over all the company’s property and undertaking.
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