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 09399330 C P Insley R I Woodhouse the directors true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09399330 2024-03-31 09399330 2025-03-31 09399330 2024-04-01 2025-03-31 09399330 frs-core:CurrentFinancialInstruments 2025-03-31 09399330 frs-core:Non-currentFinancialInstruments 2025-03-31 09399330 frs-core:ComputerEquipment 2025-03-31 09399330 frs-core:ComputerEquipment 2024-04-01 2025-03-31 09399330 frs-core:ComputerEquipment 2024-03-31 09399330 frs-core:FurnitureFittings 2025-03-31 09399330 frs-core:FurnitureFittings 2024-04-01 2025-03-31 09399330 frs-core:FurnitureFittings 2024-03-31 09399330 frs-core:NetGoodwill 2025-03-31 09399330 frs-core:NetGoodwill 2024-04-01 2025-03-31 09399330 frs-core:NetGoodwill 2024-03-31 09399330 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 09399330 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 09399330 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 09399330 frs-core:ShareCapital 2025-03-31 09399330 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 09399330 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09399330 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 09399330 frs-bus:SmallEntities 2024-04-01 2025-03-31 09399330 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09399330 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09399330 1 2024-04-01 2025-03-31 09399330 frs-bus:Director1 2024-04-01 2025-03-31 09399330 frs-bus:Director2 2024-04-01 2025-03-31 09399330 frs-countries:EnglandWales 2024-04-01 2025-03-31 09399330 2023-03-31 09399330 2024-03-31 09399330 2023-04-01 2024-03-31 09399330 frs-core:CurrentFinancialInstruments 2024-03-31 09399330 frs-core:Non-currentFinancialInstruments 2024-03-31 09399330 frs-core:ShareCapital 2024-03-31 09399330 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 09399330
NG Accounting Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09399330
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 85,520 110,188
Tangible Assets 5 11,498 16,578
97,018 126,766
CURRENT ASSETS
Debtors 6 46,978 42,145
Cash at bank and in hand 111,992 129,369
158,970 171,514
Creditors: Amounts Falling Due Within One Year 7 (117,996 ) (120,834 )
NET CURRENT ASSETS (LIABILITIES) 40,974 50,680
TOTAL ASSETS LESS CURRENT LIABILITIES 137,992 177,446
Creditors: Amounts Falling Due After More Than One Year 8 (65,456 ) (72,213 )
NET ASSETS 72,536 105,233
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 72,436 105,133
SHAREHOLDERS' FUNDS 72,536 105,233
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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 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
C P Insley
Director
22nd July 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
NG Accounting Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09399330 . The registered office is Unit 4a, Langley House, Wheatcroft Business Park, Landmere Lane, Edwalton, Nottingham, NG12 4DG.
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 the rendering of services.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
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:
Leasehold 10% straight line
Fixtures & Fittings 20% straight line
Computer Equipment 33% straight line
2.5. 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.
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: 8 (2024: 8)
8 8
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 246,676
As at 31 March 2025 246,676
Amortisation
As at 1 April 2024 136,488
Provided during the period 24,668
As at 31 March 2025 161,156
Net Book Value
As at 31 March 2025 85,520
As at 1 April 2024 110,188
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5. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 6,852 6,791 24,923 38,566
Additions - 67 998 1,065
Disposals - - (940 ) (940 )
As at 31 March 2025 6,852 6,858 24,981 38,691
Depreciation
As at 1 April 2024 1,039 2,943 18,006 21,988
Provided during the period 685 1,156 3,364 5,205
As at 31 March 2025 1,724 4,099 21,370 27,193
Net Book Value
As at 31 March 2025 5,128 2,759 3,611 11,498
As at 1 April 2024 5,813 3,848 6,917 16,578
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 46,978 42,145
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 2,004
Bank loans and overdrafts 10,463 10,204
Corporation tax 47,687 46,411
Other taxes and social security 32,333 32,018
Other creditors 27,513 30,197
117,996 120,834
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 1,743 12,213
Other loans 63,713 60,000
65,456 72,213
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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10. Related Party Transactions
As at 31 March 2025 the company owed the directors £4,660 (2024: £7,508).
11. Ultimate Controlling Party
The company's ultimate controlling party is the directors by virtue of their ownership of the issued share capital in the company.
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