Acorah Software Products - Accounts Production 16.4.675 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 05709440 Mrs A J Edwards Mr A Edwards Mrs A J Edwards iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05709440 2024-02-29 05709440 2025-02-28 05709440 2024-03-01 2025-02-28 05709440 frs-core:ComputerEquipment 2024-03-01 2025-02-28 05709440 frs-core:FurnitureFittings 2024-03-01 2025-02-28 05709440 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 05709440 frs-core:MotorVehicles 2024-03-01 2025-02-28 05709440 frs-core:PlantMachinery 2024-03-01 2025-02-28 05709440 frs-core:SharePremium 2025-02-28 05709440 frs-core:ShareCapital 2025-02-28 05709440 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 05709440 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 05709440 frs-bus:AbridgedAccounts 2024-03-01 2025-02-28 05709440 frs-bus:SmallEntities 2024-03-01 2025-02-28 05709440 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 05709440 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 05709440 frs-bus:Director1 2024-03-01 2025-02-28 05709440 frs-bus:Director2 2024-03-01 2025-02-28 05709440 frs-bus:CompanySecretary1 2024-03-01 2025-02-28 05709440 frs-countries:EnglandWales 2024-03-01 2025-02-28 05709440 2023-02-28 05709440 2024-02-29 05709440 2023-03-01 2024-02-29 05709440 frs-core:SharePremium 2024-02-29 05709440 frs-core:ShareCapital 2024-02-29 05709440 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 05709440
Northstud Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 28 February 2025
Allen Mills Howard & Co
Chartered Accountants
Lewis House
56 Manchester Road
Altrincham
Cheshire
WA14 4PJ
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 05709440
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 449,626 461,764
449,626 461,764
CURRENT ASSETS
Stocks 4,869 5,629
Cash at bank and in hand 135,989 161,634
140,858 167,263
Creditors: Amounts Falling Due Within One Year (25,004 ) (30,631 )
NET CURRENT ASSETS (LIABILITIES) 115,854 136,632
TOTAL ASSETS LESS CURRENT LIABILITIES 565,480 598,396
PROVISIONS FOR LIABILITIES
Deferred Taxation (10,463 ) (11,451 )
NET ASSETS 555,017 586,945
CAPITAL AND RESERVES
Called up share capital 6 100 100
Share premium account 308,952 308,952
Profit and Loss Account 245,965 277,893
SHAREHOLDERS' FUNDS 555,017 586,945
Page 1
Page 2
For the year ending 28 February 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 28 February 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mrs A J Edwards
Director
Mr A Edwards
Director
31st July 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Northstud Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05709440 . The registered office is Reed House Farm, Gorsey Lane, Dunham Massey, Cheshire, WA13 9UB.
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.

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:
Freehold 1.33% of cost
Plant & Machinery 10% of cost
Motor Vehicles 25% reducing balance
Fixtures & Fittings 10% of cost
Computer Equipment 33.33% of cost
2.4. 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.
2.5. Taxation
Tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
Page 3
Page 4
2.5. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.6. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 3)
4 3
4. Intangible Assets
Total
£
Cost
As at 1 March 2024 25,840
As at 28 February 2025 25,840
Amortisation
As at 1 March 2024 25,840
As at 28 February 2025 25,840
Net Book Value
As at 28 February 2025 -
As at 1 March 2024 -
Page 4
Page 5
5. Tangible Assets
Total
£
Cost
As at 1 March 2024 633,744
Additions 1,499
As at 28 February 2025 635,243
Depreciation
As at 1 March 2024 171,980
Provided during the period 13,637
As at 28 February 2025 185,617
Net Book Value
As at 28 February 2025 449,626
As at 1 March 2024 461,764
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5