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 02450967 Mr Jonathan Wedderburn MKL Secretaries Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02450967 2024-03-31 02450967 2025-03-31 02450967 2024-04-01 2025-03-31 02450967 frs-core:CurrentFinancialInstruments 2025-03-31 02450967 frs-core:Non-currentFinancialInstruments 2025-03-31 02450967 frs-core:ComputerEquipment 2025-03-31 02450967 frs-core:ComputerEquipment 2024-04-01 2025-03-31 02450967 frs-core:ComputerEquipment 2024-03-31 02450967 frs-core:FurnitureFittings 2025-03-31 02450967 frs-core:FurnitureFittings 2024-04-01 2025-03-31 02450967 frs-core:FurnitureFittings 2024-03-31 02450967 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 02450967 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 02450967 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 02450967 frs-core:PlantMachinery 2025-03-31 02450967 frs-core:PlantMachinery 2024-04-01 2025-03-31 02450967 frs-core:PlantMachinery 2024-03-31 02450967 frs-core:SharePremium 2025-03-31 02450967 frs-core:ShareCapital 2025-03-31 02450967 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 02450967 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 02450967 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 02450967 frs-bus:SmallEntities 2024-04-01 2025-03-31 02450967 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 02450967 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 02450967 frs-core:UnlistedNon-exchangeTraded 2025-03-31 02450967 frs-core:UnlistedNon-exchangeTraded 2024-03-31 02450967 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 02450967 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 02450967 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 02450967 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 02450967 frs-bus:Director1 2024-04-01 2025-03-31 02450967 frs-bus:Director1 2024-03-31 02450967 frs-bus:Director1 2025-03-31 02450967 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 02450967 frs-core:CurrentFinancialInstruments 1 2025-03-31 02450967 frs-core:CurrentFinancialInstruments 8 2025-03-31 02450967 frs-core:CurrentFinancialInstruments 9 2025-03-31 02450967 frs-countries:EnglandWales 2024-04-01 2025-03-31 02450967 2023-03-31 02450967 2024-03-31 02450967 2023-04-01 2024-03-31 02450967 frs-core:CurrentFinancialInstruments 2024-03-31 02450967 frs-core:Non-currentFinancialInstruments 2024-03-31 02450967 frs-core:SharePremium 2024-03-31 02450967 frs-core:ShareCapital 2024-03-31 02450967 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 02450967 frs-core:CurrentFinancialInstruments 1 2024-03-31 02450967 frs-core:CurrentFinancialInstruments 8 2024-03-31 02450967 frs-core:CurrentFinancialInstruments 9 2024-03-31
Registered number: 02450967
Accent on Type Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
MKL Accountants Limited
Chartered Certified Accountants
Herston Cross House
230 High Street
Swanage
Dorset
BH19 2PQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 02450967
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 10,542 11,713
Investments 5 1 1
10,543 11,714
CURRENT ASSETS
Stocks 6 30,826 22,295
Debtors 7 119,649 125,266
Cash at bank and in hand 9,857 25,944
160,332 173,505
Creditors: Amounts Falling Due Within One Year 8 (63,299 ) (59,125 )
NET CURRENT ASSETS (LIABILITIES) 97,033 114,380
TOTAL ASSETS LESS CURRENT LIABILITIES 107,576 126,094
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,053 ) (1,275 )
NET ASSETS 106,523 124,819
CAPITAL AND RESERVES
Called up share capital 9 1,365 1,365
Share premium account 52,000 52,000
Profit and Loss Account 53,158 71,454
SHAREHOLDERS' FUNDS 106,523 124,819
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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 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 Jonathan Wedderburn
Director
25/08/2025
The notes on pages 3 to 7 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Accent on Type Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02450967 . The registered office is Herston Cross House, 230 High Street, Swanage, Dorset, BH19 2PQ.
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:
Freehold Stated at cost
Plant & Machinery 25% Reducing Balance Method
Fixtures & Fittings 25% Reducing Balance Method
Computer Equipment 25% Reducing Balance Method
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. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. 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.
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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 year 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 asset reflects 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.
2.7. 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.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
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: 6 (2024: 6)
6 6
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4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 5,000 1,407 23,461 6,448 36,316
Additions - - - 849 849
Disposals - - - (1,724 ) (1,724 )
As at 31 March 2025 5,000 1,407 23,461 5,573 35,441
Depreciation
As at 1 April 2024 - 616 20,241 3,746 24,603
Provided during the period - 198 805 844 1,847
Disposals - - - (1,551 ) (1,551 )
As at 31 March 2025 - 814 21,046 3,039 24,899
Net Book Value
As at 31 March 2025 5,000 593 2,415 2,534 10,542
As at 1 April 2024 5,000 791 3,220 2,702 11,713
5. Investments
Unlisted
£
Cost
As at 1 April 2024 1
As at 31 March 2025 1
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 1
As at 1 April 2024 1
6. Stocks
2025 2024
£ £
Work in progress 30,826 22,295
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7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 77,904 65,367
Prepayments and accrued income 13,407 10,998
Rent deposit 17,600 17,600
Director's loan account - 4,822
108,911 98,787
Due after more than one year
Factored debts outstanding 10,738 26,479
119,649 125,266
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 36,478 32,912
Other taxes and social security 2,858 4,542
VAT 14,918 19,650
Other creditors 60 60
Pensions liability 103 103
Capital on tap 2,680 249
NatWest Credit card 50 49
Accruals and deferred income 1,560 1,560
Director's loan account 4,592 -
63,299 59,125
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,365 1,365
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Jonathan Wedderburn 4,822 - 9,414 - (4,592 )
The above loan is unsecured, interest free and repayable on demand.
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11. Dividends
2025 2024
£ £
On equity shares:
Interim dividend paid 7,100 24,000
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