Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 04693216 Mr Jason Becker Mr Daniel Denham Mrs Heather Gane Miss Sarah Hunwicks Mr James Leese Mrs Heather Gane iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04693216 2024-03-31 04693216 2025-03-31 04693216 2024-04-01 2025-03-31 04693216 frs-core:CurrentFinancialInstruments 2025-03-31 04693216 frs-core:ComputerEquipment 2025-03-31 04693216 frs-core:ComputerEquipment 2024-04-01 2025-03-31 04693216 frs-core:ComputerEquipment 2024-03-31 04693216 frs-core:FurnitureFittings 2025-03-31 04693216 frs-core:FurnitureFittings 2024-04-01 2025-03-31 04693216 frs-core:FurnitureFittings 2024-03-31 04693216 frs-core:ShareCapital 2025-03-31 04693216 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 04693216 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04693216 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 04693216 frs-bus:SmallEntities 2024-04-01 2025-03-31 04693216 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 04693216 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04693216 frs-core:CostValuation 2024-03-31 04693216 frs-core:CostValuation 2025-03-31 04693216 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 04693216 frs-core:ProvisionsForImpairmentInvestments 2025-03-31 04693216 frs-bus:Director1 2024-04-01 2025-03-31 04693216 frs-bus:Director2 2024-04-01 2025-03-31 04693216 frs-bus:Director3 2024-04-01 2025-03-31 04693216 frs-bus:Director4 2024-04-01 2025-03-31 04693216 frs-bus:Director5 2024-04-01 2025-03-31 04693216 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 04693216 frs-core:CurrentFinancialInstruments 1 2025-03-31 04693216 frs-core:CurrentFinancialInstruments 2 2025-03-31 04693216 frs-countries:EnglandWales 2024-04-01 2025-03-31 04693216 frs-core:Subsidiary1 2024-04-01 2025-03-31 04693216 frs-core:Subsidiary1 2025-03-31 04693216 frs-core:Subsidiary1 1 2024-04-01 2025-03-31 04693216 2023-03-31 04693216 2024-03-31 04693216 2023-04-01 2024-03-31 04693216 frs-core:CurrentFinancialInstruments 2024-03-31 04693216 frs-core:ShareCapital 2024-03-31 04693216 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 04693216 frs-core:CurrentFinancialInstruments 1 2024-03-31 04693216 frs-core:CurrentFinancialInstruments 2 2024-03-31
Registered number: 04693216
Aviation Requirements Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Advoco (SW) Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04693216
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 21,844 24,482
21,844 24,482
CURRENT ASSETS
Debtors 6 1,973,546 2,551,880
Cash at bank and in hand 1,881,410 1,620,090
3,854,956 4,171,970
Creditors: Amounts Falling Due Within One Year 7 (1,048,016 ) (1,352,999 )
NET CURRENT ASSETS (LIABILITIES) 2,806,940 2,818,971
TOTAL ASSETS LESS CURRENT LIABILITIES 2,828,784 2,843,453
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 (5,461 ) (3,975 )
NET ASSETS 2,823,323 2,839,478
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 2,823,223 2,839,378
SHAREHOLDERS' FUNDS 2,823,323 2,839,478
Page 1
Page 2
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 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
Miss Sarah Hunwicks
Director
26 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
Aviation Requirements Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04693216 . The registered office is Suite 2 York House, Coldharbour Business Park, Sherborne, Dorset, DT9 4JW.
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. Exemption From Preparing Consolidated Financial Statements
The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.
2.3. 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.
2.4. 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 15% on reducing balance
Computer Equipment 33% on reducing balance
2.5. Investments
Investments are recognised at cost, less any provision for impairment. 
2.6. 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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 24 (2024: 22)
24 22
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 31,641 87,274 118,915
Additions - 3,892 3,892
As at 31 March 2025 31,641 91,166 122,807
Depreciation
As at 1 April 2024 18,911 75,522 94,433
Provided during the period 1,909 4,621 6,530
As at 31 March 2025 20,820 80,143 100,963
Net Book Value
As at 31 March 2025 10,821 11,023 21,844
As at 1 April 2024 12,730 11,752 24,482
5. Investments
Subsidiaries
£
Cost
As at 1 April 2024 240,000
As at 31 March 2025 240,000
Provision
As at 1 April 2024 240,000
As at 31 March 2025 240,000
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
Subsidiaries
Details of the company's subsidiaries as at 31 March 2025 are as follows:
Name of undertaking Registered Office Class of shares held Direct holding Indirect holding
Airframe Systems Limited Suite 2 York House, Coldharbour Business Park, Sherborne, Dorset DT9 4JW Ordinary 100.00% -
The aggregate capital and reserves and the result for the year of the subsidiaries listed above was as follows:
Capital and Reserves Profit/(loss)
£ £
Airframe Systems Limited 41,960 7,538
Page 4
Page 5
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 933,074 1,635,047
Prepayments and accrued income 39,084 31,291
Amounts receoverable on contracts 1,001,388 885,542
1,973,546 2,551,880
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 239,169 260,351
Corporation tax liability 352,970 423,595
Social security and other tax 43,823 33,796
VAT 26,932 153,688
Credit cards 11 15
Accrued expenses 385,111 481,554
1,048,016 1,352,999
8. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Other timing differences 5,461 3,975
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5