Acorah Software Products - Accounts Production 16.3.350 false true true 31 March 2024 22 March 2023 false 1 April 2024 31 March 2025 31 March 2025 14749996 Mr Alexander Munro iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14749996 2024-03-31 14749996 2025-03-31 14749996 2024-04-01 2025-03-31 14749996 frs-core:CurrentFinancialInstruments 2025-03-31 14749996 frs-core:ComputerEquipment 2025-03-31 14749996 frs-core:ComputerEquipment 2024-04-01 2025-03-31 14749996 frs-core:ComputerEquipment 2024-03-31 14749996 frs-core:NetGoodwill 2025-03-31 14749996 frs-core:NetGoodwill 2024-04-01 2025-03-31 14749996 frs-core:NetGoodwill 2024-03-31 14749996 frs-core:ShareCapital 2025-03-31 14749996 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 14749996 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 14749996 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 14749996 frs-bus:SmallEntities 2024-04-01 2025-03-31 14749996 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 14749996 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 14749996 frs-bus:Director1 2024-04-01 2025-03-31 14749996 frs-countries:EnglandWales 2024-04-01 2025-03-31 14749996 2023-03-21 14749996 2024-03-31 14749996 2023-03-22 2024-03-31 14749996 frs-core:CurrentFinancialInstruments 2024-03-31 14749996 frs-core:ShareCapital 2024-03-31 14749996 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 14749996
Grid Accounting Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 14749996
31 March 2025 31 March 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 12,292 -
Tangible Assets 5 640 -
12,932 -
CURRENT ASSETS
Debtors 6 13,069 1,343
Cash at bank and in hand 6,680 6,643
19,749 7,986
Creditors: Amounts Falling Due Within One Year 7 (50,378 ) (16,066 )
NET CURRENT ASSETS (LIABILITIES) (30,629 ) (8,080 )
TOTAL ASSETS LESS CURRENT LIABILITIES (17,697 ) (8,080 )
NET LIABILITIES (17,697 ) (8,080 )
CAPITAL AND RESERVES
Called up share capital 8 120 120
Profit and Loss Account (17,817 ) (8,200 )
SHAREHOLDERS' FUNDS (17,697) (8,080)
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Alexander Munro
Director
04/07/2025
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
Grid Accounting Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14749996 . The registered office is 52 Cranberry Close, West Bridgford, Nottingham, England, NG2 7TQ.
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
Due to ongoing financial support from the shareholder and directors, the Directors are of the opinion that the company is 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.
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.
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. It is amortised to profit and loss account over its estimated economic life of 10 years.
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:
Computer Equipment 25% Straight line method
2.6. 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.
2.7. Taxation
Taxable losses carried forward, available for offset against future profits of the same trade amount to £17,817 (2024: £8,200).
Tax is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the year end. Current taxation assets and liabilities are not discounted. 
Deferred tax assets are recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax assets and liabilities are measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply in the periods in which any timing differences are expected to reverse. Deferred tax assets and liabilities are not discounted. No deferred tax asset has been recognised for the current year. 
Page 2
Page 3
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 -
Additions 12,500
As at 31 March 2025 12,500
Amortisation
As at 1 April 2024 -
Provided during the period 208
As at 31 March 2025 208
Net Book Value
As at 31 March 2025 12,292
As at 1 April 2024 -
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2024 -
Additions 749
As at 31 March 2025 749
Depreciation
As at 1 April 2024 -
Provided during the period 109
As at 31 March 2025 109
Net Book Value
As at 31 March 2025 640
As at 1 April 2024 -
6. Debtors
31 March 2025 31 March 2024
£ £
Due within one year
Trade debtors 9,079 980
Other debtors 3,990 363
13,069 1,343
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Page 3
Page 4
7. Creditors: Amounts Falling Due Within One Year
31 March 2025 31 March 2024
£ £
Trade creditors 2,184 1,361
Other loans 41,370 11,843
Other creditors 3,453 -
Taxation and social security 3,371 2,862
50,378 16,066
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
8. Share Capital
31 March 2025 31 March 2024
£ £
Allotted, Called up and fully paid 120 120
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources
received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of
money is material, the initial measurement is on a present value basis.
9. Related Party Transactions
Included within note 7, Other Creditors, are loans with shareholders amounting to £41,370.30 (2024: £11,843.02). 
The loans are unsecured, interest free and have no fixed terms of repayment
Page 4