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 11908378 Mrs S Church Mr T Church iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11908378 2024-03-31 11908378 2025-03-31 11908378 2024-04-01 2025-03-31 11908378 frs-core:CurrentFinancialInstruments 2025-03-31 11908378 frs-core:Non-currentFinancialInstruments 2025-03-31 11908378 frs-core:ComputerEquipment 2025-03-31 11908378 frs-core:ComputerEquipment 2024-04-01 2025-03-31 11908378 frs-core:ComputerEquipment 2024-03-31 11908378 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-03-31 11908378 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 11908378 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-03-31 11908378 frs-core:FurnitureFittings 2025-03-31 11908378 frs-core:FurnitureFittings 2024-04-01 2025-03-31 11908378 frs-core:FurnitureFittings 2024-03-31 11908378 frs-core:ShareCapital 2025-03-31 11908378 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 11908378 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11908378 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 11908378 frs-bus:SmallEntities 2024-04-01 2025-03-31 11908378 frs-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 11908378 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11908378 frs-bus:Director1 2024-04-01 2025-03-31 11908378 frs-bus:Director2 2024-04-01 2025-03-31 11908378 frs-countries:EnglandWales 2024-04-01 2025-03-31 11908378 2023-03-31 11908378 2024-03-31 11908378 2023-04-01 2024-03-31 11908378 frs-core:CurrentFinancialInstruments 2024-03-31 11908378 frs-core:Non-currentFinancialInstruments 2024-03-31 11908378 frs-core:ShareCapital 2024-03-31 11908378 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 11908378
Nebelli Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Unaudited Financial Statements
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—7
Page 1
Accountant's Report
Report of the Accountant to the directors of Nebelli Limited
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2025.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the Balance Sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give “a true and fair view”.
You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Signed
19/06/2025
van Dijk Accountants Limited
Georgian House
34 Thoroughfare
Halesworth
Suffolk
IP19 8AP
Page 1
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Balance Sheet
Registered number: 11908378
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 3 2,205 2,520
Tangible Assets 4 2,158 2,414
4,363 4,934
CURRENT ASSETS
Debtors 5 17,004 19,671
Cash at bank and in hand 4,168 7,635
21,172 27,306
Creditors: Amounts Falling Due Within One Year 6 (16,378 ) (18,434 )
NET CURRENT ASSETS (LIABILITIES) 4,794 8,872
TOTAL ASSETS LESS CURRENT LIABILITIES 9,157 13,806
Creditors: Amounts Falling Due After More Than One Year 7 (7,570 ) (9,387 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (829 ) (937 )
NET ASSETS 758 3,482
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 658 3,382
SHAREHOLDERS' FUNDS 758 3,482
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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
Mr T Church
Director
19/06/2025
The notes on pages 4 to 7 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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.
1.3. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
1.4. 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:
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on reducing balance
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1.5. 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 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.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 2 (2024: 2)
2 2
3. Intangible Assets
Development Costs
£
Cost
As at 1 April 2024 3,150
As at 31 March 2025 3,150
Amortisation
As at 1 April 2024 630
Provided during the period 315
As at 31 March 2025 945
Net Book Value
As at 31 March 2025 2,205
As at 1 April 2024 2,520
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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 1,183 5,457 6,640
Additions 330 - 330
As at 31 March 2025 1,513 5,457 6,970
Depreciation
As at 1 April 2024 910 3,316 4,226
Provided during the period 51 535 586
As at 31 March 2025 961 3,851 4,812
Net Book Value
As at 31 March 2025 552 1,606 2,158
As at 1 April 2024 273 2,141 2,414
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 17,004 19,671
17,004 19,671
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 1,817 1,815
Corporation tax 8,149 11,219
VAT 4,465 4,976
Accruals and deferred income 125 124
Directors' loan accounts 1,822 300
16,378 18,434
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 7,570 9,387
7,570 9,387
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8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Dividends
2025 2024
£ £
On equity shares:
Interim dividend paid 37,000 49,000
37,000 49,000
10. General Information
Nebelli Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11908378 . The registered office is Georgian House, 34 Thoroughfare, Halesworth, Suffolk, IP19 8AP.
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