Acorah Software Products - Accounts Production 16.4.675 false true true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 10009250 Mr Antony Golding Nova North, 11 Bressenden Place, London SW1E 5BY true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10009250 2024-02-29 10009250 2025-02-28 10009250 2024-03-01 2025-02-28 10009250 frs-core:CurrentFinancialInstruments 2025-02-28 10009250 frs-core:Non-currentFinancialInstruments 2025-02-28 10009250 frs-core:ComputerEquipment 2025-02-28 10009250 frs-core:ComputerEquipment 2024-03-01 2025-02-28 10009250 frs-core:ComputerEquipment 2024-02-29 10009250 frs-core:ShareCapital 2025-02-28 10009250 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 10009250 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 10009250 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 10009250 frs-bus:SmallEntities 2024-03-01 2025-02-28 10009250 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 10009250 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 10009250 1 2024-03-01 2025-02-28 10009250 frs-bus:Director1 2024-03-01 2025-02-28 10009250 frs-core:CurrentFinancialInstruments 1 2025-02-28 10009250 frs-countries:EnglandWales 2024-03-01 2025-02-28 10009250 2023-02-28 10009250 2024-02-29 10009250 2023-03-01 2024-02-29 10009250 frs-core:CurrentFinancialInstruments 2024-02-29 10009250 frs-core:Non-currentFinancialInstruments 2024-02-29 10009250 frs-core:ShareCapital 2024-02-29 10009250 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 10009250 frs-core:CurrentFinancialInstruments 1 2024-02-29
Registered number: 10009250
Fulcrum Private Clients Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Brisan Accountancy Ltd
Canada House, First Floor, 20/20 Business Park
Maidstone
Kent
ME16 0LS
Fulcrum Private Clients Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—4

Page 1
Fulcrum Private Clients Limited
Balance Sheet
As At 28 February 2025
Balance Sheet
Registered number: 10009250

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
CURRENT ASSETS
Debtors | 5 | 424,816 |  | 864,431 |
Cash at bank and in hand |  | 12,489 |  | 21,239 |
|  | 437,305 |  | 885,670 |
Creditors: Amounts Falling Due Within One Year | 6 | (4,802 ) |  | (14,899 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 432,503 |  | 870,771
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 432,503 |  | 870,771
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (720,566 ) |  | (936,924 )
NET LIABILITIES |  |  | (288,063 ) |  | (66,153 )
CAPITAL AND RESERVES
Called up share capital | 8 |  | 50,000 |  | 50,000
Profit and Loss Account |  |  | (338,063 ) |  | (116,153 )
SHAREHOLDERS' FUNDS |  |  | (288,063) |  | (66,153)

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Antony Golding Director
5 August 2025

The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Fulcrum Private Clients Limited
Notes to the Financial Statements
For The Year Ended 28 February 2025
Notes to the Financial Statements
1. General Information
Fulcrum Private Clients Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10009250 . The registered office is First Floor Canada House, St Leonards Road, 20/20 Business Park, Maidstone, Kent, ME16 0LS.
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 believe that the going concern basis is not appropriate as the company ceased to trade on 28th February 2025. The accounts are therefore prepared on this basis.
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.
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.
2.4. 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 | 33% on cost

2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.
2.6. 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 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.
2.7. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 2)
1 2
Page 2
Page 3
Fulcrum Private Clients Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
4. Tangible Assets

| Computer Equipment
--- | ---
| £
Cost
As at 1 March 2024 | 5,219
Additions | 1,463
Disposals | (6,682 )
As at 28 February 2025 | -
Depreciation
As at 1 March 2024 | 5,219
Disposals | (5,219 )
As at 28 February 2025 | -
Net Book Value
As at 28 February 2025 | -
As at 1 March 2024 | -

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | - |  | 36,484
Prepayments and accrued income | 5,030 |  | -
Other debtors | 243,123 |  | 480,658
Corporation tax recoverable assets | 46,794 |  | 38,684
Other taxes and social security | - |  | 397
Amounts owed by group undertakings | 72,869 |  | 17,208
| 367,816 |  | 573,431
Due after more than one year
Other debtors | 57,000 |  | 291,000
| 424,816 |  | 864,431

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 974 |  | 293
Bank loans and overdrafts | - |  | 10,000
Other creditors | 1,900 |  | 2,678
Pensions payable | 1,928 |  | 1,928
| 4,802 |  | 14,899

Page 3
Page 4
Fulcrum Private Clients Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
7. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | - |  | 21,667
Other creditors | 720,566 |  | 915,257
| 720,566 |  | 936,924

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 50,000 |  | 50,000

9. Related Party Transactions
Fulcrum Global Group LtdThe parent companyFulcrum Global Group owed Fulcrum Private Clients £72,869 (2024: £17,208) at the year end.

Fulcrum Global Group Ltd

The parent company

Fulcrum Global Group owed Fulcrum Private Clients £72,869 (2024: £17,208) at the year end.

10. Exceptional Items
The company agreed a trade sale in 2022. An addendum to the agreement was made in December 2024 reducing the deferred consideration by £78,000.
11. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Fulcrum Global Group Limited . Fulcrum Global Group Limited was incorporated in England.
Page 4