Acorah Software Products - Accounts Production 16.5.460 false true true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 11118623 Mr Philip Skorochod Mrs Monica-Anca Skorochod Mr Philip Skorochod iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11118623 2024-04-30 11118623 2025-04-30 11118623 2024-05-01 2025-04-30 11118623 frs-core:CurrentFinancialInstruments 2025-04-30 11118623 frs-core:Non-currentFinancialInstruments 2025-04-30 11118623 frs-core:ComputerEquipment 2025-04-30 11118623 frs-core:ComputerEquipment 2024-05-01 2025-04-30 11118623 frs-core:ComputerEquipment 2024-04-30 11118623 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-04-30 11118623 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-05-01 2025-04-30 11118623 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-30 11118623 frs-core:FurnitureFittings 2025-04-30 11118623 frs-core:FurnitureFittings 2024-05-01 2025-04-30 11118623 frs-core:FurnitureFittings 2024-04-30 11118623 frs-core:NetGoodwill 2025-04-30 11118623 frs-core:NetGoodwill 2024-05-01 2025-04-30 11118623 frs-core:NetGoodwill 2024-04-30 11118623 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-04-30 11118623 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-05-01 2025-04-30 11118623 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-30 11118623 frs-core:OtherResidualIntangibleAssets 2025-04-30 11118623 frs-core:OtherResidualIntangibleAssets 2024-05-01 2025-04-30 11118623 frs-core:OtherResidualIntangibleAssets 2024-04-30 11118623 frs-core:ShareCapital 2025-04-30 11118623 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 11118623 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 11118623 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 11118623 frs-bus:SmallEntities 2024-05-01 2025-04-30 11118623 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 11118623 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 11118623 frs-bus:Director1 2024-05-01 2025-04-30 11118623 frs-bus:Director2 2024-05-01 2025-04-30 11118623 frs-bus:CompanySecretary1 2024-05-01 2025-04-30 11118623 frs-countries:EnglandWales 2024-05-01 2025-04-30 11118623 2023-04-30 11118623 2024-04-30 11118623 2023-05-01 2024-04-30 11118623 frs-core:CurrentFinancialInstruments 2024-04-30 11118623 frs-core:Non-currentFinancialInstruments 2024-04-30 11118623 frs-core:ShareCapital 2024-04-30 11118623 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 11118623
Rentalsbuy Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2025
Rentalsbuy Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Rentalsbuy Ltd
Balance Sheet
As At 30 April 2025
Balance Sheet
Registered number: 11118623

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 786,949 |  | 562,688
Tangible Assets | 5 |  | 16,121 |  | 16,159
|  |  | 803,070 |  | 578,847
CURRENT ASSETS
Debtors | 6 | 16,520 |  | 22,461 |
Cash at bank and in hand |  | 46,001 |  | 27,544 |
|  | 62,521 |  | 50,005 |
Creditors: Amounts Falling Due Within One Year | 7 | (632,183 ) |  | (446,436 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (569,662 ) |  | (396,431 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 233,408 |  | 182,416
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (1,531 ) |  | (10,883 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (4,030 ) |  | (2,242 )
NET ASSETS |  |  | 227,847 |  | 169,291
CAPITAL AND RESERVES
Called up share capital | 9 |  | 2 |  | 2
Profit and Loss Account |  |  | 227,845 |  | 169,289
SHAREHOLDERS' FUNDS |  |  | 227,847 |  | 169,291

Page 1
Page 2
Rentalsbuy Ltd
Balance Sheet (continued)
As At 30 April 2025
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 Philip Skorochod Director | Mrs Monica-Anca Skorochod Director
30/07/2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Rentalsbuy Ltd
Notes to the Financial Statements
For The Year Ended 30 April 2025
Notes to the Financial Statements
1. General Information
Rentalsbuy Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11118623 . The registered office is Unit 5, Avenue Business Park Brockley Road, Elsworth, Cambridge, CB23 4EY.
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 directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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.
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill, being the amount paid in connection with the acquisition of businesses in 2018, 2020, 2022 and 2024 is being amortised evenly over its estimated useful life of ten years.
2.5. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Other intangible assets are amortised on a straight line basis over their estimated useful life of either 5 or 10 years.
2.6. 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% on cost
Fixtures & Fittings | 20% on reducing balance
Computer Equipment | 33% on cost

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.
Page 3
Page 4
Rentalsbuy Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
2.8. Pensions
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2024: 10)
12 10
4. Intangible Assets

| Goodwill | Other | Development Costs | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 May 2024 | 965,727 | 5,410 | 18,500 | 989,637
Additions | 347,540 | - | - | 347,540
As at 30 April 2025 | 1,313,267 | 5,410 | 18,500 | 1,337,177
Amortisation
As at 1 May 2024 | 406,240 | 2,209 | 18,500 | 426,949
Provided during the period | 122,738 | 541 | - | 123,279
As at 30 April 2025 | 528,978 | 2,750 | 18,500 | 550,228
Net Book Value
As at 30 April 2025 | 784,289 | 2,660 | - | 786,949
As at 1 May 2024 | 559,487 | 3,201 | - | 562,688

5. Tangible Assets

| Land & Property
--- | ---
| Leasehold | Fixtures & Fittings | Computer Equipment | Total
| £ | £ | £ | £
Cost
As at 1 May 2024 | 12,000 | 18,488 | 20,276 | 50,764
Additions | - | 704 | 4,072 | 4,776
As at 30 April 2025 | 12,000 | 19,192 | 24,348 | 55,540
Depreciation
As at 1 May 2024 | 4,800 | 11,665 | 18,140 | 34,605
Provided during the period | 1,200 | 1,401 | 2,213 | 4,814
As at 30 April 2025 | 6,000 | 13,066 | 20,353 | 39,419
Net Book Value
As at 30 April 2025 | 6,000 | 6,126 | 3,995 | 16,121
As at 1 May 2024 | 7,200 | 6,823 | 2,136 | 16,159

Page 4
Page 5
Rentalsbuy Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 4,796 |  | 5,872
Other debtors | 11,724 |  | 16,589
| 16,520 |  | 22,461

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 10,000 |  | 88,448
Other creditors | 486,046 |  | 287,032
Taxation and social security | 136,137 |  | 70,956
| 632,183 |  | 446,436

8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 1,531 |  | 10,883

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 2 |  | 2

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