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 02595297 Mr Graeme Olsen Ms Sara Olsen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02595297 2024-04-30 02595297 2025-04-30 02595297 2024-05-01 2025-04-30 02595297 frs-core:SharePremium 2025-04-30 02595297 frs-core:ShareCapital 2025-04-30 02595297 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 02595297 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 02595297 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 02595297 frs-bus:SmallEntities 2024-05-01 2025-04-30 02595297 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 02595297 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 02595297 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-05-01 2025-04-30 02595297 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-04-30 02595297 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-04-30 02595297 frs-core:CostValuation 2024-04-30 02595297 frs-core:FurtherSpecificIncreaseDecreaseInInvestments1ComponentTotalChangeInInvestments 2025-04-30 02595297 frs-core:CostValuation 2025-04-30 02595297 frs-core:ProvisionsForImpairmentInvestments 2024-04-30 02595297 frs-core:ProvisionsForImpairmentInvestments 2025-04-30 02595297 frs-bus:Director1 2024-05-01 2025-04-30 02595297 frs-bus:Director2 2024-05-01 2025-04-30 02595297 frs-countries:EnglandWales 2024-05-01 2025-04-30 02595297 2023-04-30 02595297 2024-04-30 02595297 2023-05-01 2024-04-30 02595297 frs-core:SharePremium 2024-04-30 02595297 frs-core:ShareCapital 2024-04-30 02595297 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 02595297 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-04-30
Registered number: 02595297
Goodweight Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 02595297
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investments 4 4,453,673 4,201,407
4,453,673 4,201,407
CURRENT ASSETS
Debtors 5 593,064 593,064
593,064 593,064
NET CURRENT ASSETS (LIABILITIES) 593,064 593,064
TOTAL ASSETS LESS CURRENT LIABILITIES 5,046,737 4,794,471
NET ASSETS 5,046,737 4,794,471
CAPITAL AND RESERVES
Called up share capital 712,537 712,537
Share premium account 328,663 328,663
Fair value reserve 6 4,003,671 3,751,405
Profit and Loss Account 1,866 1,866
SHAREHOLDERS' FUNDS 5,046,737 4,794,471
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 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 Graeme Olsen
Director
06/08/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Goodweight Limited is a private company limited by shares, and is incorporated in England & Wales (registered number 02595297 .) Its registered office is located at c/o Heritage Capital Management, 6th Floor Broadway House, Tothill Street, London, SW1H 9NQ.
The principal activity of the company continued to be that of an investment holding company.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets 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 presented in sterling, which is the functional currency of the company.
The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated financial statements, on the basis that the group of which this company is a member is small.
2.2. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, and loans with related parties and other third parties.
Financial Assets
Basic financial assets, including trade and other receivables, and cash and bank balances are recognised at transaction price, less any impairment.
Financial Liabilities
Basic financial liabilities, including trade and other payables, are recognised at transaction price, less any impairment, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
2.3. Investment in subsidiaries
 Investment in subsidiaries are measured at fair value. Changes in fair value are included in the profit and loss account.
2.4. Fair value reserve
Unrealised fair value gains and losses in the year are transferred from the profit and loss reserve to a non-distributable fair value reserve.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Investments
Subsidiaries
£
Cost or Valuation
As at 1 May 2024 4,201,407
Fair value adjustments 252,266
As at 30 April 2025 4,453,673
Provision
As at 1 May 2024 -
As at 30 April 2025 -
Net Book Value
As at 30 April 2025 4,453,673
As at 1 May 2024 4,201,407
Page 2
Page 3
5. Debtors
2025 2024
£ £
Due within one year
Amounts owed by group undertakings 593,064 593,064
6. Reserves
Fair Value Reserve
£
As at 1 May 2024 3,751,405
Transfer to profit and loss 252,266
As at 30 April 2025 4,003,671
Page 3