Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 May 2023 false 1 January 2024 31 December 2024 31 December 2024 13560193 Francisco Ahedo Philip Bilney Jan-Vincent Finn Richard Floyd Bijal Patel Jan-Vincent Finn false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13560193 2023-12-31 13560193 2024-12-31 13560193 2024-01-01 2024-12-31 13560193 frs-core:CurrentFinancialInstruments 2024-12-31 13560193 frs-core:Non-currentFinancialInstruments 2024-12-31 13560193 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-12-31 13560193 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 13560193 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 13560193 frs-core:FurnitureFittings 2024-12-31 13560193 frs-core:FurnitureFittings 2024-01-01 2024-12-31 13560193 frs-core:FurnitureFittings 2023-12-31 13560193 frs-core:SharePremium 2024-12-31 13560193 frs-core:ShareCapital 2024-12-31 13560193 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13560193 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13560193 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 13560193 frs-bus:SmallEntities 2024-01-01 2024-12-31 13560193 frs-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 13560193 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13560193 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31 13560193 frs-bus:OrdinaryShareClass1 2024-12-31 13560193 frs-bus:PreferenceShareClass1 2024-01-01 2024-12-31 13560193 frs-bus:PreferenceShareClass1 2024-12-31 13560193 1 2024-01-01 2024-12-31 13560193 frs-bus:Director1 2024-01-01 2024-12-31 13560193 frs-bus:Director2 2024-01-01 2024-12-31 13560193 frs-bus:Director3 2024-01-01 2024-12-31 13560193 frs-bus:Director4 2024-01-01 2024-12-31 13560193 frs-bus:Director5 2024-01-01 2024-12-31 13560193 frs-countries:EnglandWales 2024-01-01 2024-12-31 13560193 2023-04-30 13560193 2023-12-31 13560193 2023-05-01 2023-12-31 13560193 frs-core:CurrentFinancialInstruments 2023-12-31 13560193 frs-core:Non-currentFinancialInstruments 2023-12-31 13560193 frs-core:SharePremium 2023-12-31 13560193 frs-core:ShareCapital 2023-12-31 13560193 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13560193 frs-bus:OrdinaryShareClass1 2023-05-01 2023-12-31 13560193 frs-bus:PreferenceShareClass1 2023-05-01 2023-12-31
Registered number: 13560193
Niander Aurora Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Sterling Accounting Solutions Ltd
Chartered Accountants
SAS House
Chipperfield Road
Kings Langley
Hertfordshire
WD4 9JB
Niander Aurora Limited
Contents
Contents

| Page
--- | ---
Company Information | 1
Accountants' Report | 2
Statement of Financial Position | 3—4
Notes to the Financial Statements | 5—9

Page 1
Niander Aurora Limited
Company Information
For The Year Ended 31 December 2024
Company Information

Directors | Francisco Ahedo
| Philip Bilney
| Jan-Vincent Finn
| Richard Floyd
| Bijal Patel
Company Number | 13560193
Registered Office | Wework, Aurora - 03-125 8 Devonshire Square
| London
| EC2M 4YJ
Accountants | Sterling Accounting Solutions Ltd
| Chartered Accountants
| SAS House
| Chipperfield Road
| Kings Langley
| Hertfordshire
| WD4 9JB

Page 1
Page 2
Niander Aurora Limited
Accountants' Report
For The Year Ended 31 December 2024
Accountants' Report
Chartered Accountants' report to the directors on the preparation of the unaudited statutory accounts of Niander Aurora Limited For The Year Ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Niander Aurora Limited For The Year Ended 31 December 2024 which comprise the Income Statement, the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of Niander Aurora Limited , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Niander Aurora Limited and state those matters that we have agreed to state to the directors of Niander Aurora Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Niander Aurora Limited and its directors, as a body, for our work or for this report.
It is your duty to ensure that Niander Aurora Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Niander Aurora Limited . You consider that Niander Aurora Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Niander Aurora Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

16/08/2025

Sterling Accounting Solutions Ltd
Chartered Accountants
SAS House
Chipperfield Road
Kings Langley
Hertfordshire
WD4 9JB
Page 2
Page 3
Niander Aurora Limited
Statement of Financial Position
As At 31 December 2024
Statement of Financial Position
Registered number: 13560193

| 31 December 2024 | 31 December 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 1,735,921 |  | 844,930
Tangible Assets | 5 |  | 5,490 |  | 5,818
|  |  | 1,741,411 |  | 850,748
CURRENT ASSETS
Debtors | 6 | 333,143 |  | 287,417 |
Cash at bank and in hand |  | 865,537 |  | 236,409 |
|  | 1,198,680 |  | 523,826 |
Creditors: Amounts Falling Due Within One Year | 7 | (718,564 ) |  | (439,968 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 480,116 |  | 83,858
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,221,527 |  | 934,606
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (3,614,155 ) |  | (730,529 )
NET (LIABILITIES)/ASSETS |  |  | (1,392,628 ) |  | 204,077
CAPITAL AND RESERVES
Called up share capital | 9 |  | 13 |  | 13
Share premium account |  |  | 2,702,574 |  | 2,702,574
Income Statement |  |  | (4,095,215 ) |  | (2,498,510 )
SHAREHOLDERS' FUNDS |  |  | (1,392,628) |  | 204,077

Page 3
Page 4
Niander Aurora Limited
Statement of Financial Position (continued)
As At 31 December 2024
For the year ending 31 December 2024 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 Income Statement.
On behalf of the board

Jan-Vincent Finn Director
16/08/2025

The notes on pages 5 to 9 form part of these financial statements.
Page 4
Page 5
Niander Aurora Limited
Notes to the Financial Statements
For The Year Ended 31 December 2024
Notes to the Financial Statements
1. General Information
Niander Aurora Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13560193 . The registered office is Wework, Aurora - 03-125 8 Devonshire Square, London, EC2M 4YJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
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.
2.3. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight line basis over their expected useful economic lives, of 4 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
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 | 25% Straight Line

Page 5
Page 6
Niander Aurora Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
2.5. Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.
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.
...CONTINUED
Page 6
Page 7
Niander Aurora Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
2.7. Taxation - continued
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.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
2.9. Government Grant
Government grants are recognised in the income statement 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 income statement. Grants towards general activities of the entity over a specific period are recognised in the income statement 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 income statement over the useful life of the asset concerned.
All grants in the income statement 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: 12 (2023: 10)
12 10
4. Intangible Assets

| Development Costs
--- | ---
| £
Cost
As at 1 January 2024 | 859,251
Additions | 1,062,841
As at 31 December 2024 | 1,922,092
Amortisation
As at 1 January 2024 | 14,321
Provided during the period | 171,850
As at 31 December 2024 | 186,171

...CONTINUED
Page 7
Page 8
Niander Aurora Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024

Net Book Value
As at 31 December 2024 | 1,735,921
As at 1 January 2024 | 844,930

5. Tangible Assets

| Fixtures & Fittings
--- | ---
| £
Cost
As at 1 January 2024 | 7,316
Additions | 1,601
As at 31 December 2024 | 8,917
Depreciation
As at 1 January 2024 | 1,498
Provided during the period | 1,929
As at 31 December 2024 | 3,427
Net Book Value
As at 31 December 2024 | 5,490
As at 1 January 2024 | 5,818

6. Debtors

| 31 December 2024 |  | 31 December 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 22,039 |  | 4,084
Other debtors | 164,704 |  | 136,576
Corporation tax recoverable assets | 146,400 |  | 146,757
| 333,143 |  | 287,417

7. Creditors: Amounts Falling Due Within One Year

| 31 December 2024 |  | 31 December 2023
--- | --- | --- | ---
| £ |  | £
Trade creditors | 316,447 |  | 243,344
Other taxes and social security | 140,461 |  | 95,108
Other creditors | 261,656 |  | 101,516
| 718,564 |  | 439,968

Page 8
Page 9
Niander Aurora Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
8. Creditors: Amounts Falling Due After More Than One Year

| 31 December 2024 |  | 31 December 2023
--- | --- | --- | ---
| £ |  | £
Other creditors | 3,604,120 |  | 720,494
Directors loan account | 10,035 |  | 10,035
| 3,614,155 |  | 730,529

9. Share Capital

| 31 December 2024 |  | 31 December 2023
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
1,033 Ordinary Shares of £ 0.01 each | 11 |  | 11

Preference Shares

| 31 December 2024 |  | 31 December 2023
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
227 Preference Shares of £ 0.01 each | 2 |  | 2

10. Pension Commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the statement of financial position date unpaid contributions of £4,139 (2023: £3,185) were due to the fund. They are included in Other Creditors.
11. Controlling Party
The company's controlling party is Jan-Vincent Finn by virtue of his majority ownership of the issued share capital in the company.
Page 9