Acorah Software Products - Accounts Production 16.4.675 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 10106210 Mr Niel Fox Mr Niel Fox true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10106210 2024-04-30 10106210 2025-04-30 10106210 2024-05-01 2025-04-30 10106210 frs-core:CurrentFinancialInstruments 2025-04-30 10106210 frs-core:Non-currentFinancialInstruments 2025-04-30 10106210 frs-core:ComputerEquipment 2025-04-30 10106210 frs-core:ComputerEquipment 2024-05-01 2025-04-30 10106210 frs-core:ComputerEquipment 2024-04-30 10106210 frs-core:FurnitureFittings 2025-04-30 10106210 frs-core:FurnitureFittings 2024-05-01 2025-04-30 10106210 frs-core:FurnitureFittings 2024-04-30 10106210 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-04-30 10106210 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-05-01 2025-04-30 10106210 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-30 10106210 frs-core:ShareCapital 2025-04-30 10106210 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 10106210 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 10106210 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 10106210 frs-bus:SmallEntities 2024-05-01 2025-04-30 10106210 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 10106210 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 10106210 1 2024-05-01 2025-04-30 10106210 frs-bus:Director1 2024-05-01 2025-04-30 10106210 frs-core:CurrentFinancialInstruments 1 2025-04-30 10106210 frs-core:CurrentFinancialInstruments 2 2025-04-30 10106210 frs-countries:EnglandWales 2024-05-01 2025-04-30 10106210 2023-04-30 10106210 2024-04-30 10106210 2023-05-01 2024-04-30 10106210 frs-core:CurrentFinancialInstruments 2024-04-30 10106210 frs-core:Non-currentFinancialInstruments 2024-04-30 10106210 frs-core:ShareCapital 2024-04-30 10106210 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10106210 frs-core:CurrentFinancialInstruments 1 2024-04-30 10106210 frs-core:CurrentFinancialInstruments 2 2024-04-30
Registered number: 10106210
Based On A True Story Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
Pennywise Accounting ltd
ICAEW
Dickhurst House
Rodgate Lane
Haslemere
Surrey
GU27 2EW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10106210
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 10,972 16,637
10,972 16,637
CURRENT ASSETS
Debtors 5 428,793 203,545
Cash at bank and in hand 684,883 938,281
1,113,676 1,141,826
Creditors: Amounts Falling Due Within One Year 6 (645,852 ) (141,327 )
NET CURRENT ASSETS (LIABILITIES) 467,824 1,000,499
TOTAL ASSETS LESS CURRENT LIABILITIES 478,796 1,017,136
Creditors: Amounts Falling Due After More Than One Year 7 - (256,666 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 (2,394 ) (5,352 )
NET ASSETS 476,402 755,118
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 476,401 755,117
SHAREHOLDERS' FUNDS 476,402 755,118
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Page 2
For the year ending 30 April 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 Niel Fox
Director
21st July 2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Based On A True Story Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10106210 . The registered office is Dickhurst House, Rodgate Lane, Haslemere, Surrey, GU27 2EW.
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 invoiced value of goods and services supplied by the company,  net of Value Added Tax under the Tour Operator Margin Scheme and trade discounts. Revenue and expenses relating to tours are recognised in the profit and loss account on the departure date.  Related costs of distribution and holidays are charged to the profit and loss account on the same basis
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 on a straight line basis over 5 years
Fixtures & Fittings on a straight line basis over 5 years
Computer Equipment on a straight line basis over 3 years
2.4. 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.
2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2024: 6)
6 6
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2024 6,325 23,073 41,697 71,095
Additions - 697 2,948 3,645
Disposals - - (1,391 ) (1,391 )
As at 30 April 2025 6,325 23,770 43,254 73,349
...CONTINUED
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Depreciation
As at 1 May 2024 5,798 19,445 29,215 54,458
Provided during the period 527 1,109 7,519 9,155
Disposals - - (1,236 ) (1,236 )
As at 30 April 2025 6,325 20,554 35,498 62,377
Net Book Value
As at 30 April 2025 - 3,216 7,756 10,972
As at 1 May 2024 527 3,628 12,482 16,637
Tangible fixed assets comprise computer equipment and office furniture.
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 7,904
Prepayments and accrued income 350,927 179,824
Other debtors (1) 2,337 2,337
Other debtors (2) 245 2,406
Corporation tax recoverable assets 26,434 -
VAT 48,850 11,074
428,793 203,545
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 39,220 54,750
Corporation tax 127 26,434
Other taxes and social security 15,389 8,526
Net wages 37,374 13,000
Other creditors 548,067 14,598
Accruals and deferred income 936 23,818
Director's loan account 4,739 201
645,852 141,327
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Trade creditors - 256,666
8. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Other timing differences 2,394 5,352
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9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
10. Related Party Transactions
Foxtrot Consulting Ltd,  whose director,  Niel Fox,  is also a director and sole shareholder of Based On a True Story Ltd, was paid £74,201.57 during the year for consultancy services. 
11. Ultimate Controlling Party
The company's ultimate controlling party is Mr Niel Fox by virtue of his ownership of 100% of the issued share capital in the company.
Page 5