Acorah Software Products - Accounts Production 16.4.675 false true 31 July 2024 1 November 2023 false 1 August 2024 31 July 2025 31 July 2025 13913151 Mrs Olufunmilayo Olusegun Ms Ada Adi Mrs Olubukola Kila-Odutayo Olufunmilayo Obura OLUSEGUN true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13913151 2024-07-31 13913151 2025-07-31 13913151 2024-08-01 2025-07-31 13913151 frs-core:Non-currentFinancialInstruments 2025-07-31 13913151 frs-core:ComputerEquipment 2025-07-31 13913151 frs-core:ComputerEquipment 2024-08-01 2025-07-31 13913151 frs-core:ComputerEquipment 2024-07-31 13913151 frs-core:FurnitureFittings 2025-07-31 13913151 frs-core:FurnitureFittings 2024-08-01 2025-07-31 13913151 frs-core:FurnitureFittings 2024-07-31 13913151 frs-core:ShareCapital 2025-07-31 13913151 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 13913151 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 13913151 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 13913151 frs-bus:SmallEntities 2024-08-01 2025-07-31 13913151 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 13913151 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 13913151 1 2024-08-01 2025-07-31 13913151 frs-bus:Director1 2024-08-01 2025-07-31 13913151 frs-bus:Director2 2024-08-01 2025-07-31 13913151 frs-bus:CompanySecretary1 2024-08-01 2025-07-31 13913151 frs-countries:EnglandWales 2024-08-01 2025-07-31 13913151 2023-10-31 13913151 2024-07-31 13913151 2023-11-01 2024-07-31 13913151 frs-core:Non-currentFinancialInstruments 2024-07-31 13913151 frs-core:ShareCapital 2024-07-31 13913151 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 13913151
Proffer Solution Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2025
GA CORPORATE CONSULTING LIMITED
286 Moston Lane
Manchester
M40 9WB
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13913151
31 July 2025 31 July 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,234 81
3,234 81
CURRENT ASSETS
Cash at bank and in hand 89 105
89 105
Creditors: Amounts Falling Due Within One Year 5 (3,250 ) (7,130 )
NET CURRENT ASSETS (LIABILITIES) (3,161 ) (7,025 )
TOTAL ASSETS LESS CURRENT LIABILITIES 73 (6,944 )
Creditors: Amounts Falling Due After More Than One Year 6 (12,370 ) -
NET LIABILITIES (12,297 ) (6,944 )
CAPITAL AND RESERVES
Called up share capital 7 1 100
Profit and Loss Account (12,298 ) (7,044 )
SHAREHOLDERS' FUNDS (12,297) (6,944)
For the year ending 31 July 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
Mrs Olufunmilayo Olusegun
Director
13th 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
Proffer Solution Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13913151 . The registered office is Suite 6 Storage Giant Building,, The Old Court House,, Oldbury Ringway, West Midlands, B69 4JN.
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 rendering of services.
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. 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:
Fixtures & Fittings Reducing Balance Basis
Computer Equipment Straight Line Basis
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 August 2024 100 - 100
Additions 25 3,932 3,957
As at 31 July 2025 125 3,932 4,057
Depreciation
As at 1 August 2024 19 - 19
Provided during the period 18 786 804
As at 31 July 2025 37 786 823
...CONTINUED
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Page 3
Net Book Value
As at 31 July 2025 88 3,146 3,234
As at 1 August 2024 81 - 81
5. Creditors: Amounts Falling Due Within One Year
31 July 2025 31 July 2024
£ £
Other creditors 3,250 7,130
6. Creditors: Amounts Falling Due After More Than One Year
31 July 2025 31 July 2024
£ £
Other creditors 12,370 -
7. Share Capital
31 July 2025 31 July 2024
£ £
Allotted, Called up and fully paid 1 100
8. Ultimate Controlling Party
The company's ultimate controlling party is Olufunmilayo Obura OLUSEGUN by virtue of his ownership of 100% of the issued share capital in the company.
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