Acorah Software Products - Accounts Production 16.4.675 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 12924588 Mr James Humphrey Maddan Mr Maximillian Stevenson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12924588 frs-core:CurrentFinancialInstruments frs-core:WithinOneYear 2025-03-31 12924588 2024-03-31 12924588 2025-03-31 12924588 2024-04-01 2025-03-31 12924588 frs-core:CurrentFinancialInstruments 2025-03-31 12924588 frs-core:ComputerEquipment 2025-03-31 12924588 frs-core:ComputerEquipment 2024-04-01 2025-03-31 12924588 frs-core:ComputerEquipment 2024-03-31 12924588 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 12924588 frs-core:OtherResidualIntangibleAssets 2025-03-31 12924588 frs-core:OtherResidualIntangibleAssets 2024-04-01 2025-03-31 12924588 frs-core:OtherResidualIntangibleAssets 2024-03-31 12924588 frs-core:SharePremium 2025-03-31 12924588 frs-core:ShareCapital 2025-03-31 12924588 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 12924588 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12924588 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 12924588 frs-bus:SmallEntities 2024-04-01 2025-03-31 12924588 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 12924588 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 12924588 frs-bus:OrdinaryShareClass1 2024-04-01 2025-03-31 12924588 frs-bus:OrdinaryShareClass1 2025-03-31 12924588 frs-bus:Director1 2024-04-01 2025-03-31 12924588 frs-bus:Director2 2024-04-01 2025-03-31 12924588 frs-countries:EnglandWales 2024-04-01 2025-03-31 12924588 frs-core:CurrentFinancialInstruments frs-core:WithinOneYear 2024-03-31 12924588 2023-03-31 12924588 2024-03-31 12924588 2023-04-01 2024-03-31 12924588 frs-core:CurrentFinancialInstruments 2024-03-31 12924588 frs-core:SharePremium 2024-03-31 12924588 frs-core:ShareCapital 2024-03-31 12924588 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 12924588 frs-bus:OrdinaryShareClass1 2023-04-01 2024-03-31
Registered number: 12924588
Remaker Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Max Accountants Ltd
Ketton Suite
The King Centre
Oakham
Rutland
LE15 7WD
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—5
Page 1
Balance Sheet
Registered number: 12924588
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 10,071 -
Tangible Assets 5 2,433 2,426
12,504 2,426
CURRENT ASSETS
Debtors 6 49,552 53,791
Cash at bank and in hand 5,423 23,691
54,975 77,482
Creditors: Amounts Falling Due Within One Year 7 (284,089 ) (146,212 )
NET CURRENT ASSETS (LIABILITIES) (229,114 ) (68,730 )
TOTAL ASSETS LESS CURRENT LIABILITIES (216,610 ) (66,304 )
NET LIABILITIES (216,610 ) (66,304 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Share premium account 649,048 504,721
Profit and Loss Account (865,659 ) (571,026 )
SHAREHOLDERS' FUNDS (216,610) (66,304)
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 11 July 2025 and were signed on its behalf by:
Mr Maximillian Stevenson
Director
11 July 2025
The notes on pages 2 to 5 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Remaker Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12924588 . The registered office is Bedser Stand, Kennington Oval, London, SE11 5SS.
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.
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 £.
2.2. Going Concern Disclosure
The financial statements have been prepared on a going concern basis which assumes the Company will continue in operational existence for the foreseeable future. 
The Company is involved in research and development activities and is working towards achieving a sustainable revenue generating activity. The directors have considered the basis of the financial statements and are satisfied that a combination of business growth and further investment commitments will enable the Company to meet its liabilities as they fall due.
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 - Other Intangible
Other intangible assets represent patent costs. They are amortised to the profit and loss account over its estimated economic life of 7 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 Straight line - 3 years
2.6. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
Page 2
Page 3
2.7. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Basic financial assets
Basic financial assets, which include debtors and bank balances, are measured at transaction price including transaction costs.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, are recognised at transaction price including transaction costs.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities.
2.8. 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 profit / loss before taxation.
2.9. Taxation
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
2.10. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.11. 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 shall be 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 on a straight-line basis over their useful economic lives.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 2)
4 2
Page 3
Page 4
4. Intangible Assets
Other - Patent costs
£
Cost
As at 1 April 2024 -
Additions 10,986
As at 31 March 2025 10,986
Amortisation
As at 1 April 2024 -
Provided during the period 915
As at 31 March 2025 915
Net Book Value
As at 31 March 2025 10,071
As at 1 April 2024 -
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2024 6,285
Additions 1,730
As at 31 March 2025 8,015
Depreciation
As at 1 April 2024 3,859
Provided during the period 1,723
As at 31 March 2025 5,582
Net Book Value
As at 31 March 2025 2,433
As at 1 April 2024 2,426
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 4,267 583
Other debtors 33 -
Corporation tax recoverable 44,815 51,792
VAT 437 1,416
49,552 53,791
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 9,239 14,707
Other loans 71,750 89,750
Other taxes and social security 12,775 -
Other creditors 170,532 25,394
Accruals and deferred income 2,810 2,313
Directors' loan accounts 16,983 14,048
284,089 146,212
8. Loans
An analysis of the maturity of loans is given below:
2025 2024
£ £
Amounts falling due within one year or on demand:
Other loans 71,750 89,750
9. Share Capital
2025 2024
Allotted, called up and fully paid £ £
128,235 Ordinary Shares of £ 0.00001 each 1 1
On 13 January 2025, 3,633 Ordinary shares were issued at a price of £39.72668 per share, generating Share Premium totalling £144,326.99.
Page 5