Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 12354333 Mr John Anthony Bigos iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12354333 2023-09-30 12354333 2024-09-30 12354333 2023-10-01 2024-09-30 12354333 frs-core:CurrentFinancialInstruments 2024-09-30 12354333 frs-core:ComputerEquipment 2024-09-30 12354333 frs-core:ComputerEquipment 2023-10-01 2024-09-30 12354333 frs-core:ComputerEquipment 2023-09-30 12354333 frs-core:OtherReservesSubtotal 2024-09-30 12354333 frs-core:ShareCapital 2024-09-30 12354333 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 12354333 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12354333 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 12354333 frs-bus:SmallEntities 2023-10-01 2024-09-30 12354333 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 12354333 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 12354333 frs-bus:Director1 2023-10-01 2024-09-30 12354333 frs-countries:EnglandWales 2023-10-01 2024-09-30 12354333 2022-09-30 12354333 2023-09-30 12354333 2022-10-01 2023-09-30 12354333 frs-core:CurrentFinancialInstruments 2023-09-30 12354333 frs-core:OtherReservesSubtotal 2023-09-30 12354333 frs-core:ShareCapital 2023-09-30 12354333 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 12354333
Cymba Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Time Accounts Ltd
Basepoint Business Centre
Little High Street
Shoreham-By-Sea
West Sussex
BN43 5EG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 12354333
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,255 -
Investment Properties 5 11,800,000 11,800,000
11,802,255 11,800,000
CURRENT ASSETS
Debtors 6 2,190,301 2,082,934
Cash at bank and in hand 137,604 198,076
2,327,905 2,281,010
Creditors: Amounts Falling Due Within One Year 7 (968,225 ) (1,132,112 )
NET CURRENT ASSETS (LIABILITIES) 1,359,680 1,148,898
TOTAL ASSETS LESS CURRENT LIABILITIES 13,161,935 12,948,898
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,578,245 ) (1,584,315 )
NET ASSETS 11,583,690 11,364,583
CAPITAL AND RESERVES
Called up share capital 8 950 950
Other reserves 6,093,413 6,093,413
Profit and Loss Account 5,489,327 5,270,220
SHAREHOLDERS' FUNDS 11,583,690 11,364,583
Page 1
Page 2
For the year ending 30 September 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 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 John Anthony Bigos
Director
27/06/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Cymba Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12354333 . The registered office is Church House, Church Street, Godalming, GU7 1EW.
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. Turnover
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision
of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax,
returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
2.3. 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 33.33% SLM
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and
installation.
2.4. Investment Properties
The directors have reviewed the valuation of each investment property as at the balance sheet date. A director-led assessment was carried out using available market data and professional judgement. Based on this review, the directors are satisfied that the amounts stated in the balance sheet remain appropriate and continue to reflect a true and fair view. No adjustment has been recognised in the year.
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 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.
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2.6. Pensions
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and
the company has no legal or constructive obligation to pay further contributions even if the fund does not hold
sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If
contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
2.7. Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid
investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of
change in value.
2.8. Trade Debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary
course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost
using the effective interest method, less provision for impairment. A provision for the impairment of trade
debtors is established when there is objective evidence that the company will not be able to collect all amounts
due according to the original terms of the receivables.
2.9. Trade Creditors
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.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost
using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 1)
4 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 October 2023 -
Additions 2,899
As at 30 September 2024 2,899
Depreciation
As at 1 October 2023 -
Provided during the period 644
As at 30 September 2024 644
Net Book Value
As at 30 September 2024 2,255
As at 1 October 2023 -
Page 4
Page 5
5. Investment Property
2024
£
Fair Value
As at 1 October 2023 and 30 September 2024 11,800,000
2024 2023
£ £
Cost 5,487,020 5,487,020
The director has reviewed the valuation of each investment property as at the balance sheet date. A director-led assessment was carried out using available market data and professional judgement. Based on this review, the director is satisfied that the amounts stated in the balance sheet remain appropriate and continue to reflect a true and fair view. No adjustment has been recognised in the year
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 30,184 19,984
Other debtors 3,793 -
VAT - 8,857
Amounts owed by group undertakings 2,156,324 2,054,093
2,190,301 2,082,934
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 32,781 15,636
Corporation tax 83,682 121,539
Other creditors 7,418 -
Accruals and deferred income 139,781 128,941
Director's loan account 562,609 696,547
Amounts owed to group undertakings 141,954 169,449
968,225 1,132,112
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 950 950
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9. Related Party Transactions
Summary of transactions with other related parties
Included within other debtors is an amount of £2,156,324 (2023: £2,054,093) due from a company connected through common ownership.
During the year, the company received interest from loans it has provided to entities connected through common ownership, but due to commercial and business reasons has waived receipt of this interest. Total interest waived: £240,099 (2023: £166,477).
Included within other creditors is an amount of £141,954 (2023: £169,449) due to a company connected through common ownership.
There are no repayment terms in place.
Within the director and participator current account is an amount owing on finance loans provided to the company of £562,609 (2023: £696,547).
Interest of £29,672 (2023: £40,676) has been accrued on these loans provided by directors/participators during the year.
There are no repayment terms in place.
Page 6