Acorah Software Products - Accounts Production 16.4.675 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 08000293 Mr Jakub Kosiec Mr Jakub Kosiec true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08000293 2024-03-31 08000293 2025-03-31 08000293 2024-04-01 2025-03-31 08000293 frs-core:CurrentFinancialInstruments 2025-03-31 08000293 frs-core:Non-currentFinancialInstruments 2025-03-31 08000293 frs-core:NetGoodwill 2025-03-31 08000293 frs-core:NetGoodwill 2024-04-01 2025-03-31 08000293 frs-core:NetGoodwill 2024-03-31 08000293 frs-core:ShareCapital 2025-03-31 08000293 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08000293 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08000293 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 08000293 frs-bus:SmallEntities 2024-04-01 2025-03-31 08000293 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08000293 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08000293 1 2024-04-01 2025-03-31 08000293 frs-bus:Director1 2024-04-01 2025-03-31 08000293 frs-bus:Director1 2024-03-31 08000293 frs-bus:Director1 2025-03-31 08000293 frs-core:CurrentFinancialInstruments 1 2025-03-31 08000293 frs-countries:EnglandWales 2024-04-01 2025-03-31 08000293 2023-03-31 08000293 2024-03-31 08000293 2023-04-01 2024-03-31 08000293 frs-core:CurrentFinancialInstruments 2024-03-31 08000293 frs-core:Non-currentFinancialInstruments 2024-03-31 08000293 frs-core:ShareCapital 2024-03-31 08000293 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08000293 frs-core:CurrentFinancialInstruments 1 2024-03-31
Registered number: 08000293
Fx7 Solutions Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Passman Leonard Associates Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08000293
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 6,281 7,178
6,281 7,178
CURRENT ASSETS
Debtors 5 25,731 27,520
Cash at bank and in hand 2,281 9,087
28,012 36,607
Creditors: Amounts Falling Due Within One Year 6 (22,101 ) (23,390 )
NET CURRENT ASSETS (LIABILITIES) 5,911 13,217
TOTAL ASSETS LESS CURRENT LIABILITIES 12,192 20,395
Creditors: Amounts Falling Due After More Than One Year 7 (12,090 ) (19,967 )
NET ASSETS 102 428
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 101 427
SHAREHOLDERS' FUNDS 102 428
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 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 Jakub Kosiec
Director
7 August 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
Fx7 Solutions Ltd Registered number 08000293 is a limited by shares company incorporated in England & Wales. The Registered Office is 5 High Street, Office 136, Maidenhead, Berkshire, SL6 1JN.
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 and trade discounts.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is being written off in equal annual instalments over its estimated economic life of 20 years.
2.4. 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.
2.5. 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:
2025 2024
Office and administration 4 4
4 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 17,945
As at 31 March 2025 17,945
Amortisation
As at 1 April 2024 10,767
Provided during the period 897
As at 31 March 2025 11,664
Net Book Value
As at 31 March 2025 6,281
As at 1 April 2024 7,178
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Page 3
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,404 665
Prepayments and accrued income 608 1,078
Corporation tax recoverable assets 9,655 9,655
Director's loan account 14,064 16,122
25,731 27,520
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,494 910
Corporation tax 6,937 9,663
Other taxes and social security 1,326 1,964
VAT 8,433 6,606
Net wages 3,491 4,035
Pension Payable 420 212
22,101 23,390
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 12,090 19,967
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Jakub Kosiec 16,122 - 2,058 - 14,064
The above loan is unsecure, repayable on demand and interest is charged at the prevailing rate.
10. Ultimate Controlling Party
The company's ultimate controlling party is Mr Jakub Kosiec by virtue of his ownership of 100% of the issued share capital in the company.
Page 3