Acorah Software Products - Accounts Production 16.4.675 false true true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 12549089 Metrikus Ltd Mr Gary Cottle Mr Michael Grant Metrikus Ltd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12549089 2024-04-30 12549089 2025-04-30 12549089 2024-05-01 2025-04-30 12549089 frs-core:CurrentFinancialInstruments 2025-04-30 12549089 frs-core:ShareCapital 2025-04-30 12549089 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 12549089 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 12549089 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 12549089 frs-bus:SmallEntities 2024-05-01 2025-04-30 12549089 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 12549089 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 12549089 frs-bus:Director1 2024-05-01 2025-04-30 12549089 frs-bus:Director2 2024-05-01 2025-04-30 12549089 frs-bus:Director3 2024-05-01 2025-04-30 12549089 frs-bus:CompanySecretary1 2024-05-01 2025-04-30 12549089 frs-countries:EnglandWales 2024-05-01 2025-04-30 12549089 2023-04-30 12549089 2024-04-30 12549089 2023-05-01 2024-04-30 12549089 frs-core:CurrentFinancialInstruments 2024-04-30 12549089 frs-core:ShareCapital 2024-04-30 12549089 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 12549089
Aerum Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
TaxAssist Accountants
64 Southwark Bridge Road
London
SE1 0AS
Aerum Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—3

Page 1
Aerum Limited
Balance Sheet
As At 30 April 2025
Balance Sheet
Registered number: 12549089

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
CURRENT ASSETS
Debtors | 4 | 235 |  | 81 |
Cash at bank and in hand |  | - |  | 1 |
|  | 235 |  | 82 |
Creditors: Amounts Falling Due Within One Year | 5 | (7,582 ) |  | (6,256 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (7,347 ) |  | (6,174 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (7,347 ) |  | (6,174 )
NET LIABILITIES |  |  | (7,347 ) |  | (6,174 )
CAPITAL AND RESERVES
Called up share capital | 6 |  | 1,000 |  | 1,000
Profit and Loss Account |  |  | (8,347 ) |  | (7,174 )
SHAREHOLDERS' FUNDS |  |  | (7,347) |  | (6,174)

For the year ending 30 April 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

Mr Gary Cottle Director
22 August 2025

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Aerum Limited
Notes to the Financial Statements
For The Year Ended 30 April 2025
Notes to the Financial Statements
1. General Information
Aerum Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12549089 . The registered office is Three Tuns House, Borough High Street, London, SE1 1NL.
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. Going Concern Disclosure
The company is reliant on continued support from its parent undertaking, Metrikus Limited, and the investors in the group headed by Metrikus Limited ('the group'), in order to meets its debts as they fall due.
The directors have considered their expectations and intentions for the company and the group for the next twelve months, including contracted revenues, forecasted pipeline and funding opportunities from both existing shareholders and external parties and, in the opinion of the directors, the group will be able to obtain sufficient financial resources to provide continued support to the company. Therefore the financial statements have been prepared on the going concern basis.
However, the directors acknowledge that the group has made losses since incorporation. This is due to the directors' focus on growing the business over the long-term as opposed to generating short-term profits. As a result, the group and company are reliant on continued funding from both the group's existing shareholders and external parties to continue as a going concern for the next twelve months and therefore a material uncertainty exists that may cast doubt on the company's ability to continue as a going concern.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 3 (2024: 3)
3 3
4. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 235 |  | 81

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
5. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 1 |  | -
Amounts owed to participating interests | 7,059 |  | 5,981
Other creditors | 522 |  | 275
| 7,582 |  | 6,256

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
6. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1,000 |  | 1,000

Page 2
Page 3
Aerum Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
7. Related Party Transactions
Metrikus Limited is a related party by virtue of being the immediate controlling party of the company.
During the year, the company charged £nil (2024: £nil) to Metrikus Limited and the company was charged £nil (2024: £nil) by Metrikus Limited, both for goods provided.
Page 3