Acorah Software Products - Accounts Production 16.3.350 false true true 31 December 2023 1 January 2023 false 25 June 2025 1 January 2024 31 December 2024 31 December 2024 01160682 O Sinai T Dunne Y Bar A Rosenzweig T Dunne Hopon Mobility Limited Church House, Church Lane, Kings Langley, Hertfordshire, WD4 8JP true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01160682 2023-12-31 01160682 2024-12-31 01160682 2024-01-01 2024-12-31 01160682 frs-core:CurrentFinancialInstruments 2024-12-31 01160682 frs-core:Non-currentFinancialInstruments 2024-12-31 01160682 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-12-31 01160682 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 01160682 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 01160682 frs-core:FurnitureFittings 2024-12-31 01160682 frs-core:FurnitureFittings 2024-01-01 2024-12-31 01160682 frs-core:FurnitureFittings 2023-12-31 01160682 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 01160682 frs-core:MotorVehicles 2024-12-31 01160682 frs-core:MotorVehicles 2024-01-01 2024-12-31 01160682 frs-core:MotorVehicles 2023-12-31 01160682 frs-core:PlantMachinery 2024-12-31 01160682 frs-core:PlantMachinery 2024-01-01 2024-12-31 01160682 frs-core:PlantMachinery 2023-12-31 01160682 frs-core:ShareCapital 2024-12-31 01160682 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 01160682 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01160682 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 01160682 frs-bus:SmallEntities 2024-01-01 2024-12-31 01160682 frs-bus:Audited 2024-01-01 2024-12-31 01160682 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 01160682 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31 01160682 frs-bus:OrdinaryShareClass1 2024-12-31 01160682 1 2024-01-01 2024-12-31 01160682 frs-core:CostValuation 2023-12-31 01160682 frs-core:DisposalsRepaymentsInvestments 2024-12-31 01160682 frs-core:CostValuation 2024-12-31 01160682 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 01160682 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 01160682 frs-bus:Director1 2024-01-01 2024-12-31 01160682 frs-bus:Director2 2024-01-01 2024-12-31 01160682 frs-bus:Director3 2024-01-01 2024-12-31 01160682 frs-bus:Director4 2024-01-01 2024-12-31 01160682 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 01160682 frs-countries:EnglandWales 2024-01-01 2024-12-31 01160682 2022-12-31 01160682 2023-12-31 01160682 2023-01-01 2023-12-31 01160682 frs-core:CurrentFinancialInstruments 2023-12-31 01160682 frs-core:Non-currentFinancialInstruments 2023-12-31 01160682 frs-core:BetweenOneFiveYears 2023-12-31 01160682 frs-core:WithinOneYear 2023-12-31 01160682 frs-core:ShareCapital 2023-12-31 01160682 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 01160682 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31
Registered number: 01160682
ECR Solutions Limited
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Company Information 1
Statement of Financial Position 2—3
Notes to the Financial Statements 4—10
Page 1
Company Information
Directors O Sinai
T Dunne
Y Bar
A Rosenzweig
Secretary T Dunne
Company Number 01160682
Registered Office Church House
Church Lane
Kings Langley
Hertfordshire
WD4 8JP
Auditors SAS Audit Limited
SAS House
Chipperfield Road
Kings Langley
Hertfordshire
WD4 9JB
Page 1
Page 2
Statement of Financial Position
Registered number: 01160682
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 447,286 410,314
Tangible Assets 5 37,876 48,806
Investments in group undertakings 6 - 1
485,162 459,121
CURRENT ASSETS
Stocks 7 97,283 333,354
Debtors 8 1,783,718 1,713,868
Cash at bank and in hand 694,929 176,428
2,575,930 2,223,650
Creditors: Amounts Falling Due Within One Year 9 (1,301,478 ) (1,566,350 )
NET CURRENT ASSETS (LIABILITIES) 1,274,452 657,300
TOTAL ASSETS LESS CURRENT LIABILITIES 1,759,614 1,116,421
Creditors: Amounts Falling Due After More Than One Year 10 (941,501 ) (176,488 )
NET ASSETS 818,113 939,933
CAPITAL AND RESERVES
Called up share capital 12 1,000 1,000
Income Statement 817,113 938,933
SHAREHOLDERS' FUNDS 818,113 939,933
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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 Income Statement.
On behalf of the board
A Rosenzweig
Director
25/06/2025
The notes on pages 4 to 10 form part of these financial statements.
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Page 4
Notes to the Financial Statements
1. General Information
ECR Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01160682 . The registered office is Church House, Church Lane, Kings Langley, Hertfordshire, WD4 8JP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention unless otherwise specified within the accounting policies.
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.
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.
2.4. Research and Development
Expenditure on research and development is written off in the year it is incurred. 
Development expenditure incurred is capitalised as an intangible asset only when all of the following criteria are met:
• It is technically feasible to complete the intangible asset so that it will be available for use or sale;
• There is the intention to complete the intangible asset and use or sell it;
• There is the ability to use or sell the intangible asset;
• The use or sale of the intangible asset will generate probable future economic benefits;
• There are adequate technical, financial and other resources available to complete the development and to use or sell the intangible asset; and
• The expenditure attributable to the intangible asset during its development can be measured reliably.
Expenditure that does not meet the above criteria is expensed as incurred.
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2.5. 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:
Leasehold Over the term of the lease
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Website Development 25% reducing balance
2.6. Stocks and Work in Progress
Stock is valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.7. Financial Instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost. Where investments in nonconvertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss.
All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. 
Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 25 (2023: 26)
25 26
4. Intangible Assets
Development Costs
£
Cost
As at 1 January 2024 3,279,268
Additions 426,770
As at 31 December 2024 3,706,038
Amortisation
As at 1 January 2024 2,868,954
Provided during the period 389,798
As at 31 December 2024 3,258,752
Net Book Value
As at 31 December 2024 447,286
As at 1 January 2024 410,314
5. Tangible Assets
Plant & Machinery Motor Vehicles Website Development Total
£ £ £ £
Cost
As at 1 January 2024 207,643 42,145 9,915 259,703
Additions 3,979 - - 3,979
Disposals - (14,950 ) - (14,950 )
As at 31 December 2024 211,622 27,195 9,915 248,732
Depreciation
As at 1 January 2024 168,432 32,550 9,915 210,897
Provided during the period 10,715 2,399 - 13,114
Disposals - (13,155 ) - (13,155 )
As at 31 December 2024 179,147 21,794 9,915 210,856
Net Book Value
As at 31 December 2024 32,475 5,401 - 37,876
As at 1 January 2024 39,211 9,595 - 48,806
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6. Investments in group undertakings
Other
£
Cost
As at 1 January 2024 1
Disposals (1 )
As at 31 December 2024 -
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 1
7. Stocks
2024 2023
£ £
Finished goods 97,283 333,354
8. Debtors
2024 2023
£ £
Due within one year
Trade debtors 541,560 527,262
Prepayments and accrued income 120,690 116,836
Other debtors 5,992 14,318
Corporation tax recoverable assets 160,127 -
Deferred tax current asset 23,928 23,928
Directors' loan accounts 1,333 1,386
Amounts owed by group undertakings 930,088 1,030,138
1,783,718 1,713,868
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9. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 127,383
Trade creditors 387,722 244,292
Bank loans and overdrafts 194,444 -
Other loans - 39,207
Other taxes and social security 36,630 43,591
VAT 51,736 117,290
Other creditors 11,406 18,642
Accruals and deferred income 463,050 717,455
Amounts owed to group undertakings 156,490 258,490
1,301,478 1,566,350
10. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 123,691
Bank loans 805,556 -
Other loans - 52,797
Accruals and deferred income 135,945 -
941,501 176,488
11. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 127,383
Later than one year and not later than five years - 123,691
- 251,074
- 251,074
12. Share Capital
2024 2023
Allotted, called up and fully paid £ £
1,000 Ordinary Shares of £ 1.00 each 1,000 1,000
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13. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year - 90,000
Later than one year and not later than five years - 67,500
- 157,500
14. Pension Commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the statement of financial position date unpaid contributions of £11,406 (2023: £10,097) were due to the fund. They are included in Other Creditors.
15. Related Party Transactions
At the year end, the company was owed £772,138 (2023: £1,030,138) from companies under common control. This amount is included within amounts owed from group undertakings. 
During the year, the company had sales of £265,450 (2023: £Nil) and purchases of £7,983 (2023: £Nil) with companies under common control.
At the year end, the company was owed £157,950 (2023: £100,000) by group companies. This amount is included within other debtors.
At the year end, the company owed £156,490 (2023: £158,490) to group companies. This amount is included within amounts owed to group undertakings.
16. Ultimate Parent Undertaking and Controlling Party
The ultimate parent company is Hopon Mobility Ltd, a company registered in Israel. There is no ultimate controlling party.

ECR Solutions Limited is a wholly owned subsidiary of Hopon Mobility (UK) Limited which is a wholly owned subsidiary of Hopon Mobility Ltd which prepares consolidated accounts including this company.

The registered office of Hopon Mobility Ltd is Ramat Gan HaYetsira 3, 5252141, Tel Aviv, Israel.
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17. Audit Information
The auditor's report on the accounts of ECR Solutions Limited for the year ended 31 December 2024 was qualified.
The basis of qualification in the auditor's report was as follows:
The Company was unaware that it would be subject to an audit during the year ended 31 December 2023 for the first time, and as a result, the counting of physical inventories as at 31 December 2023 was not carried out. We were unable to satisfy ourselves by alternate means concerning the inventory quantities in the prior year of £333,354 by using other audit procedures. Consequently, we were unable to determine whether adjustments to these amounts were necessary, or whether there were any consequential effects on the cost of sales.
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and the provisions available for small entities, in the circumstances set out in the notes to the financial statements and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
The matters required to report by exception are stated below:
Arising solely from the limitation on the scope of our work relating to inventory, referred to above:
• we have not obtained all the information and explanations that we considered necessary for the purpose of our audit; and
• we were unable to determine whether adequate accounting records have been kept
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
• adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
• the financial statements are not in agreement with the accounting records or returns; or
• certain disclosures of directors' remuneration specified by law are not made; or
• the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the Directors' Report and from the requirement to prepare a Strategic Report.
The auditor's report was signed by Khushil Gokani FCA (Senior Statutory Auditor) for and on behalf of SAS Audit Limited , Statutory Auditor.
SAS Audit Limited
SAS House
Chipperfield Road
Kings Langley
Hertfordshire
WD4 9JB
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