Acorah Software Products - Accounts Production 16.4.675 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 13265873 Mr Steven Harris Mr Robert Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13265873 2023-03-31 13265873 2024-03-31 13265873 2023-04-01 2024-03-31 13265873 frs-core:CurrentFinancialInstruments 2024-03-31 13265873 frs-core:Non-currentFinancialInstruments 2024-03-31 13265873 frs-core:ComputerEquipment 2024-03-31 13265873 frs-core:ComputerEquipment 2023-04-01 2024-03-31 13265873 frs-core:ComputerEquipment 2023-03-31 13265873 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-03-31 13265873 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-04-01 2024-03-31 13265873 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-03-31 13265873 frs-core:OtherResidualIntangibleAssets 2024-03-31 13265873 frs-core:OtherResidualIntangibleAssets 2023-04-01 2024-03-31 13265873 frs-core:OtherResidualIntangibleAssets 2023-03-31 13265873 frs-core:SharePremium 2024-03-31 13265873 frs-core:ShareCapital 2024-03-31 13265873 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 13265873 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13265873 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 13265873 frs-bus:SmallEntities 2023-04-01 2024-03-31 13265873 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13265873 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 13265873 frs-core:UnlistedNon-exchangeTraded 2024-03-31 13265873 frs-core:UnlistedNon-exchangeTraded 2023-03-31 13265873 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-03-31 13265873 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 13265873 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-31 13265873 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 13265873 frs-bus:Director1 2023-04-01 2024-03-31 13265873 frs-bus:Director2 2023-04-01 2024-03-31 13265873 frs-countries:EnglandWales 2023-04-01 2024-03-31 13265873 2022-03-31 13265873 2023-03-31 13265873 2022-04-01 2023-03-31 13265873 frs-core:CurrentFinancialInstruments 2023-03-31 13265873 frs-core:Non-currentFinancialInstruments 2023-03-31 13265873 frs-core:SharePremium 2023-03-31 13265873 frs-core:ShareCapital 2023-03-31 13265873 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 13265873
Podia.Work Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13265873
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 65,893 97,189
Tangible Assets 5 - 7,871
Investments 6 5,360 5,360
71,253 110,420
CURRENT ASSETS
Stocks 7 - 4,157
Debtors 8 104 353
Cash at bank and in hand 684 2,360
788 6,870
Creditors: Amounts Falling Due Within One Year 9 (700,694 ) (662,178 )
NET CURRENT ASSETS (LIABILITIES) (699,906 ) (655,308 )
TOTAL ASSETS LESS CURRENT LIABILITIES (628,653 ) (544,888 )
Creditors: Amounts Falling Due After More Than One Year 10 (1,059 ) (11,263 )
NET LIABILITIES (629,712 ) (556,151 )
CAPITAL AND RESERVES
Called up share capital 11 105 105
Share premium account 149,999 149,999
Profit and Loss Account (779,816 ) (706,255 )
SHAREHOLDERS' FUNDS (629,712) (556,151)
Page 1
Page 2
For the year ending 31 March 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 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 Steven Harris
Director
05/08/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Podia.Work Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13265873 . The registered office is 21 Cambridge Road, Thundridge, Ware, SG12 0SU.
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 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.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets have been amortised to profit and loss account over its estimated economic life of 5 years.
Development costs have been amortised to profit and loss account over its estimated economic life of 10 years.
2.4. 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:
Computer Equipment 33% Straight Line Basis
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Intangible Assets
Other Development Costs Total
£ £ £
Cost
As at 1 April 2023 153,176 6,604 159,780
As at 31 March 2024 153,176 6,604 159,780
...CONTINUED
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Page 4
Amortisation
As at 1 April 2023 61,270 1,321 62,591
Provided during the period 30,636 660 31,296
As at 31 March 2024 91,906 1,981 93,887
Net Book Value
As at 31 March 2024 61,270 4,623 65,893
As at 1 April 2023 91,906 5,283 97,189
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2023 23,611
As at 31 March 2024 23,611
Depreciation
As at 1 April 2023 15,740
Provided during the period 7,871
As at 31 March 2024 23,611
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 7,871
6. Investments
Unlisted
£
Cost
As at 1 April 2023 5,360
As at 31 March 2024 5,360
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 5,360
As at 1 April 2023 5,360
7. Stocks
2024 2023
£ £
Stock - 4,157
Page 4
Page 5
8. Debtors
2024 2023
£ £
Due within one year
Other debtors 104 353
9. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Amounts owed to participating interests - 54,658
Other creditors 679,156 598,498
Taxation and social security 21,538 9,022
700,694 662,178
10. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans 1,059 11,263
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 105 105
Page 5