Acorah Software Products - Accounts Production 16.5.460 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 04680602 Mr Stuart Nokes Mrs Christine Nokes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04680602 2024-07-31 04680602 2025-07-31 04680602 2024-08-01 2025-07-31 04680602 frs-core:CurrentFinancialInstruments 2025-07-31 04680602 frs-core:BetweenOneFiveYears 2025-07-31 04680602 frs-core:FurnitureFittings 2025-07-31 04680602 frs-core:FurnitureFittings 2024-08-01 2025-07-31 04680602 frs-core:FurnitureFittings 2024-07-31 04680602 frs-core:WithinOneYear 2025-07-31 04680602 frs-core:ShareCapital 2025-07-31 04680602 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 04680602 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 04680602 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 04680602 frs-bus:SmallEntities 2024-08-01 2025-07-31 04680602 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 04680602 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 04680602 frs-bus:Director1 2024-08-01 2025-07-31 04680602 frs-bus:CompanySecretary1 2024-08-01 2025-07-31 04680602 frs-countries:EnglandWales 2024-08-01 2025-07-31 04680602 2023-07-31 04680602 2024-07-31 04680602 2023-08-01 2024-07-31 04680602 frs-core:CurrentFinancialInstruments 2024-07-31 04680602 frs-core:BetweenOneFiveYears 2024-07-31 04680602 frs-core:WithinOneYear 2024-07-31 04680602 frs-core:ShareCapital 2024-07-31 04680602 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 04680602
Acuity Financial Consultancy Limited
Financial Statements
For The Year Ended 31 July 2025
Fruition Accountancy
Unit 4 Three Spires House, Station Road
Lichfield
WS13 6HX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04680602
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,771 3,355
2,771 3,355
CURRENT ASSETS
Debtors 5 32,779 16,987
Investments 6 622,812 602,107
Cash at bank and in hand 143,162 103,264
798,753 722,358
Creditors: Amounts Falling Due Within One Year 7 (74,792 ) (51,977 )
NET CURRENT ASSETS (LIABILITIES) 723,961 670,381
TOTAL ASSETS LESS CURRENT LIABILITIES 726,732 673,736
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,034 ) (2,190 )
NET ASSETS 723,698 671,546
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 723,598 671,446
SHAREHOLDERS' FUNDS 723,698 671,546
Page 1
Page 2
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 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 Stuart Nokes
Director
20th August 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
Acuity Financial Consultancy Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04680602 . The registered office is Lombard House Cross Keys, Lichfield, WS13 6DN.
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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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 20% reducing balance
2.4. Taxation
Corporation 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
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2024: 6)
6 6
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 August 2024 8,305
Additions 119
As at 31 July 2025 8,424
Depreciation
As at 1 August 2024 4,950
Provided during the period 703
As at 31 July 2025 5,653
Net Book Value
As at 31 July 2025 2,771
As at 1 August 2024 3,355
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 7,683 -
Other debtors 25,096 16,987
32,779 16,987
Page 4
Page 5
6. Current Asset Investments
2025 2024
£ £
Listed investments 114,412 104,512
Unlisted investments 508,400 497,595
622,812 602,107
Investments in unlisted company shares, whose market value can be reliably determined, are remeasured to
market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of
income and retained earnings for the period. Where market value cannot be reliably determined, such investments
are stated at historic cost less impairment.
Investments in listed company shares are remeasured to market value at each Balance sheet date. Gains and
losses on remeasurement are recognised in profit or loss for the period.
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 16 17
Other creditors 6,006 3,162
Taxation and social security 68,770 48,798
74,792 51,977
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 15,000 15,000
Later than one year and not later than five years 16,250 31,250
31,250 46,250
Page 5