Acorah Software Products - Accounts Production 16.4.675 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 09888838 Mr Damien Lane Ms Elspeth Finch Mr Martin Grant iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09888838 2023-12-31 09888838 2024-12-31 09888838 2024-01-01 2024-12-31 09888838 frs-core:CurrentFinancialInstruments 2024-12-31 09888838 frs-core:Non-currentFinancialInstruments 2024-12-31 09888838 frs-core:BetweenOneFiveYears 2024-12-31 09888838 frs-core:ComputerEquipment 2024-12-31 09888838 frs-core:ComputerEquipment 2024-01-01 2024-12-31 09888838 frs-core:ComputerEquipment 2023-12-31 09888838 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-12-31 09888838 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 09888838 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 09888838 frs-core:WithinOneYear 2024-12-31 09888838 frs-core:SharePremium 2024-12-31 09888838 frs-core:ShareCapital 2024-12-31 09888838 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 09888838 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09888838 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 09888838 frs-bus:SmallEntities 2024-01-01 2024-12-31 09888838 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09888838 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09888838 frs-bus:Director1 2024-01-01 2024-12-31 09888838 frs-bus:Director2 2024-01-01 2024-12-31 09888838 frs-bus:Director3 2024-01-01 2024-12-31 09888838 frs-countries:EnglandWales 2024-01-01 2024-12-31 09888838 2022-12-31 09888838 2023-12-31 09888838 2023-01-01 2023-12-31 09888838 frs-core:CurrentFinancialInstruments 2023-12-31 09888838 frs-core:Non-currentFinancialInstruments 2023-12-31 09888838 frs-core:BetweenOneFiveYears 2023-12-31 09888838 frs-core:WithinOneYear 2023-12-31 09888838 frs-core:SharePremium 2023-12-31 09888838 frs-core:ShareCapital 2023-12-31 09888838 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 09888838
Indigo & Limited
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09888838
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 202,629 261,057
Tangible Assets 5 5,476 8,148
208,105 269,205
CURRENT ASSETS
Debtors 6 221,063 272,236
Cash at bank and in hand 121,857 80,135
342,920 352,371
Creditors: Amounts Falling Due Within One Year 7 (348,017 ) (336,828 )
NET CURRENT ASSETS (LIABILITIES) (5,097 ) 15,543
TOTAL ASSETS LESS CURRENT LIABILITIES 203,008 284,748
Creditors: Amounts Falling Due After More Than One Year 8 (51,372 ) (18,975 )
NET ASSETS 151,636 265,773
CAPITAL AND RESERVES
Called up share capital 9 5 4
Share premium account 1,745,304 1,745,304
Profit and Loss Account (1,593,673 ) (1,479,535 )
SHAREHOLDERS' FUNDS 151,636 265,773
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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 Profit and Loss Account.
On behalf of the board
Ms Elspeth Finch
Director
08/09/2025
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
Indigo & Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09888838 . The registered office is Unit 2 Pondtail Farm, Coolham Road, West Grinstead, Horsham, West Sussex, RH13 8LN.
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 rendering of services.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Internally generated software development costs are treated as Intangible fixed assets. Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. Amortisation is provided on intangible fixed assets evenly over its expected useful life, as follows:


Development Costs 10% Straight line
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:
Computer Equipment 25% 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.
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.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2023: 9)
9 9
4. Intangible Assets
Development Costs
£
Cost
As at 1 January 2024 584,279
As at 31 December 2024 584,279
Amortisation
As at 1 January 2024 323,222
Provided during the period 58,428
As at 31 December 2024 381,650
Net Book Value
As at 31 December 2024 202,629
As at 1 January 2024 261,057
Development costs are written off in equal annual instalments over its estimated economic life of 10 years.
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 17,699
Additions 2,495
Disposals (3,398 )
As at 31 December 2024 16,796
Depreciation
As at 1 January 2024 9,551
Provided during the period 3,124
Disposals (1,355 )
As at 31 December 2024 11,320
Net Book Value
As at 31 December 2024 5,476
As at 1 January 2024 8,148
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 108,428 229,661
Prepayments and accrued income 57,756 42,575
Corporation tax recoverable assets 54,879 -
221,063 272,236
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 11,850 5,227
Other taxes and social security 22,903 23,696
VAT 62,459 74,006
Other creditors 9,896 8,597
Accruals and deferred income 240,909 225,302
348,017 336,828
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Directors loan account 51,372 18,975
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 5 4
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 55,500 27,750
Later than one year and not later than five years 46,250 50,875
101,750 78,625
11. Related Party Transactions
As at 31 December 2024, the director Elspeth Finch was owed £51,372 (2023: £18,975 ) by the company. The loan was interest free with no set repayment terms. 
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