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 12579965 Ms Victoria Jane Allen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12579965 2024-03-31 12579965 2025-03-31 12579965 2024-04-01 2025-03-31 12579965 frs-core:CurrentFinancialInstruments 2025-03-31 12579965 frs-core:Non-currentFinancialInstruments 2025-03-31 12579965 frs-core:BetweenOneFiveYears 2025-03-31 12579965 frs-core:ComputerEquipment 2025-03-31 12579965 frs-core:ComputerEquipment 2024-04-01 2025-03-31 12579965 frs-core:ComputerEquipment 2024-03-31 12579965 frs-core:FurnitureFittings 2025-03-31 12579965 frs-core:FurnitureFittings 2024-04-01 2025-03-31 12579965 frs-core:FurnitureFittings 2024-03-31 12579965 frs-core:MotorVehicles 2025-03-31 12579965 frs-core:MotorVehicles 2024-04-01 2025-03-31 12579965 frs-core:MotorVehicles 2024-03-31 12579965 frs-core:PlantMachinery 2025-03-31 12579965 frs-core:PlantMachinery 2024-04-01 2025-03-31 12579965 frs-core:PlantMachinery 2024-03-31 12579965 frs-core:WithinOneYear 2025-03-31 12579965 frs-core:ShareCapital 2025-03-31 12579965 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 12579965 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12579965 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 12579965 frs-bus:SmallEntities 2024-04-01 2025-03-31 12579965 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 12579965 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 12579965 frs-bus:Director1 2024-04-01 2025-03-31 12579965 frs-countries:EnglandWales 2024-04-01 2025-03-31 12579965 2023-03-31 12579965 2024-03-31 12579965 2023-04-01 2024-03-31 12579965 frs-core:CurrentFinancialInstruments 2024-03-31 12579965 frs-core:Non-currentFinancialInstruments 2024-03-31 12579965 frs-core:BetweenOneFiveYears 2024-03-31 12579965 frs-core:WithinOneYear 2024-03-31 12579965 frs-core:ShareCapital 2024-03-31 12579965 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 12579965
International Platforms Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 12579965
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 61,894 87,445
61,894 87,445
CURRENT ASSETS
Stocks 5 111,750 275,429
Debtors 6 199,491 75,892
Cash at bank and in hand 463,968 218,244
775,209 569,565
Creditors: Amounts Falling Due Within One Year 7 (534,112 ) (349,132 )
NET CURRENT ASSETS (LIABILITIES) 241,097 220,433
TOTAL ASSETS LESS CURRENT LIABILITIES 302,991 307,878
Creditors: Amounts Falling Due After More Than One Year 8 (35,680 ) (47,280 )
NET ASSETS 267,311 260,598
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 267,211 260,498
SHAREHOLDERS' FUNDS 267,311 260,598
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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 her 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
Ms Victoria Jane Allen
Director
27/06/2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
International Platforms Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12579965 . The registered office is Unit 4 Askern Road, Carcroft, Doncaster, South Yorkshire, DN6 8DE.
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:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
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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.
2.5. 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. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.
2.7. Taxation
Income 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.
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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2024: 5)
7 5
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 59,524 106,250 34,497 - 200,271
Additions 2,350 - 17,399 1,050 20,799
As at 31 March 2025 61,874 106,250 51,896 1,050 221,070
Depreciation
As at 1 April 2024 22,444 77,156 13,226 - 112,826
Provided during the period 9,858 26,563 9,667 262 46,350
As at 31 March 2025 32,302 103,719 22,893 262 159,176
Net Book Value
As at 31 March 2025 29,572 2,531 29,003 788 61,894
As at 1 April 2024 37,080 29,094 21,271 - 87,445
5. Stocks
2025 2024
£ £
Stock 111,750 275,429
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 95,792 12,996
Other debtors 103,699 62,896
199,491 75,892
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 11,337 11,337
Trade creditors 487,271 308,394
Bank loans and overdrafts - 2,656
Other creditors 2,550 2,400
Taxation and social security 32,954 24,345
534,112 349,132
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 35,680 47,280
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 11,337 11,337
Later than one year and not later than five years 35,680 47,280
47,017 58,617
47,017 58,617
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
11. Directors Advances, Credits and Guarantees
Included within Other debtors is an amount of £10,000 due by the Director (2023: £1,091 owed to the Director) Ms V J Allen. 
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