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 07999273 B J Sugars iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07999273 2023-03-31 07999273 2024-03-31 07999273 2023-04-01 2024-03-31 07999273 frs-core:CurrentFinancialInstruments 2024-03-31 07999273 frs-core:Non-currentFinancialInstruments 2024-03-31 07999273 frs-core:ComputerEquipment 2024-03-31 07999273 frs-core:ComputerEquipment 2023-04-01 2024-03-31 07999273 frs-core:ComputerEquipment 2023-03-31 07999273 frs-core:ShareCapital 2024-03-31 07999273 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07999273 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07999273 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07999273 frs-bus:SmallEntities 2023-04-01 2024-03-31 07999273 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07999273 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07999273 frs-core:CostValuation 2023-03-31 07999273 frs-core:CostValuation 2024-03-31 07999273 frs-core:ProvisionsForImpairmentInvestments 2023-03-31 07999273 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 07999273 frs-bus:Director1 2023-04-01 2024-03-31 07999273 frs-countries:EnglandWales 2023-04-01 2024-03-31 07999273 2022-03-31 07999273 2023-03-31 07999273 2022-04-01 2023-03-31 07999273 frs-core:CurrentFinancialInstruments 2023-03-31 07999273 frs-core:Non-currentFinancialInstruments 2023-03-31 07999273 frs-core:ShareCapital 2023-03-31 07999273 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 07999273
Actioncoach EMEA Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 07999273
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,028 1,269
Investments 5 472,815 472,815
473,843 474,084
CURRENT ASSETS
Debtors 6 944,994 1,066,384
Cash at bank and in hand 33,722 17,528
978,716 1,083,912
Creditors: Amounts Falling Due Within One Year 7 (600,431 ) (584,774 )
NET CURRENT ASSETS (LIABILITIES) 378,285 499,138
TOTAL ASSETS LESS CURRENT LIABILITIES 852,128 973,222
Creditors: Amounts Falling Due After More Than One Year 8 (280,095 ) -
NET ASSETS 572,033 973,222
CAPITAL AND RESERVES
Called up share capital 9 2 2
Income Statement 572,031 973,220
SHAREHOLDERS' FUNDS 572,033 973,222
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 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 Income Statement.
On behalf of the board
B J Sugars
Director
24/07/2025
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
Actioncoach EMEA Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07999273 . The registered office is Albany House, Claremont Lane, Esher, Surrey, KT10 9FQ.
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.
Presentational Currency
The accounts are presented in and rounded to the nearest £1 sterling.
2.2. Turnover
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.
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 25% Straight Line
2.4. Financial Instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.
2.6. Taxation
Tax is recognised in the statement of income and retained earnings, 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.
2.7. Transactions and balances
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Nonmonetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.
Page 3
Page 4
2.8. Interest income
Interest income is recognised in the statement of income and retained earnings using the effective interest method.
2.9. Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2023 2,147
Additions 395
As at 31 March 2024 2,542
Depreciation
As at 1 April 2023 878
Provided during the period 636
As at 31 March 2024 1,514
Net Book Value
As at 31 March 2024 1,028
As at 1 April 2023 1,269
5. Investments
Subsidiaries
£
Cost
As at 1 April 2023 472,815
As at 31 March 2024 472,815
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 472,815
As at 1 April 2023 472,815
Investments in subsidiaries comprise a 100% investment in ActionCOACH Asia Pacific PTY Ltd, a company incorporated in Australia.
Page 4
Page 5
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors (203,465 ) 129,167
Amounts owed by group undertakings 282,576 -
Other debtors 865,883 937,217
944,994 1,066,384
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 105,713 158,709
Bank loans and overdrafts 177,467 -
Other creditors 249,792 360,401
Taxation and social security 67,459 65,664
600,431 584,774
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 280,095 -
The bank loans are attracting interest at a rate of 3% per annum above the bank of England base rate, and the final instalment is repayable in August 2026.
There is a fixed and floating charge over the assets of Actioncoach EMEA Ltd.
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
10. Related Party Transactions
The Company has taken the advantage of Section 33 paragraph 1A not to disclose transactions with wholly owned group members.

This is fixed and floating charge over the assets of Actioncoach EMEA Ltd
Page 5