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 13254070 Coptrz Mr Steven Coulson Mr Paul Luen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13254070 2024-03-31 13254070 2025-03-31 13254070 2024-04-01 2025-03-31 13254070 frs-core:CurrentFinancialInstruments 2025-03-31 13254070 frs-core:Non-currentFinancialInstruments 2025-03-31 13254070 frs-core:ComputerEquipment 2025-03-31 13254070 frs-core:ComputerEquipment 2024-04-01 2025-03-31 13254070 frs-core:ComputerEquipment 2024-03-31 13254070 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 13254070 frs-core:FurnitureFittings 2025-03-31 13254070 frs-core:FurnitureFittings 2024-04-01 2025-03-31 13254070 frs-core:FurnitureFittings 2024-03-31 13254070 frs-core:OtherResidualIntangibleAssets 2025-03-31 13254070 frs-core:OtherResidualIntangibleAssets 2024-04-01 2025-03-31 13254070 frs-core:OtherResidualIntangibleAssets 2024-03-31 13254070 frs-core:ShareCapital 2025-03-31 13254070 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 13254070 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13254070 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 13254070 frs-bus:SmallEntities 2024-04-01 2025-03-31 13254070 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 13254070 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 13254070 frs-bus:Director1 2024-04-01 2025-03-31 13254070 frs-bus:Director2 2024-04-01 2025-03-31 13254070 frs-bus:Director3 2024-04-01 2025-03-31 13254070 frs-countries:EnglandWales 2024-04-01 2025-03-31 13254070 2023-03-31 13254070 2024-03-31 13254070 2023-04-01 2024-03-31 13254070 frs-core:CurrentFinancialInstruments 2024-03-31 13254070 frs-core:Non-currentFinancialInstruments 2024-03-31 13254070 frs-core:ShareCapital 2024-03-31 13254070 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 13254070
Cademi Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 13254070
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 32,807 41,260
Tangible Assets 5 4,062 6,686
36,869 47,946
CURRENT ASSETS
Debtors 6 34,795 39,197
Cash at bank and in hand 10,862 1,001
45,657 40,198
Creditors: Amounts Falling Due Within One Year 7 (78,076 ) (61,407 )
NET CURRENT ASSETS (LIABILITIES) (32,419 ) (21,209 )
TOTAL ASSETS LESS CURRENT LIABILITIES 4,450 26,737
Creditors: Amounts Falling Due After More Than One Year 8 (93,157 ) -
NET (LIABILITIES)/ASSETS (88,707 ) 26,737
CAPITAL AND RESERVES
Called up share capital 9 1 1
Income Statement (88,708 ) 26,736
SHAREHOLDERS' FUNDS (88,707) 26,737
Page 1
Page 2
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 Income Statement.
On behalf of the board
Mr Paul Luen
Director
04/06/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Cademi Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13254070 . The registered office is Phoenix House, 3 South Parade, Leeds, LS1 5QX.
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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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
Other intangible assets are software development costs. It is amortised to profit And Loss Account over its estimated economic life of 5 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:
Fixtures & Fittings 20% Straight Line
Computer Equipment 20% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 3)
1 3
4. Intangible Assets
Other
£
Cost
As at 1 April 2024 77,420
Additions 7,820
As at 31 March 2025 85,240
Amortisation
As at 1 April 2024 36,160
Provided during the period 16,273
As at 31 March 2025 52,433
Net Book Value
As at 31 March 2025 32,807
As at 1 April 2024 41,260
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5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 6,644 7,905 14,549
As at 31 March 2025 6,644 7,905 14,549
Depreciation
As at 1 April 2024 2,932 4,931 7,863
Provided during the period 1,329 1,295 2,624
As at 31 March 2025 4,261 6,226 10,487
Net Book Value
As at 31 March 2025 2,383 1,679 4,062
As at 1 April 2024 3,712 2,974 6,686
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 20,675 19,614
Prepayments and accrued income 14,120 8,757
VAT - 10,826
34,795 39,197
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,080 -
VAT 509 -
Accruals and deferred income 76,487 61,407
78,076 61,407
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Amounts owed to group undertakings 93,157 -
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
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