Acorah Software Products - Accounts Production 16.2.850 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 08850037 Mr Steven Coles Mrs Julie Coles Miss Rebecca Ansell Miss R Coles and Mrs J Coles true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08850037 2023-12-31 08850037 2024-12-31 08850037 2024-01-01 2024-12-31 08850037 frs-core:CurrentFinancialInstruments 2024-12-31 08850037 frs-core:Non-currentFinancialInstruments 2024-12-31 08850037 frs-core:ComputerEquipment 2024-12-31 08850037 frs-core:ComputerEquipment 2024-01-01 2024-12-31 08850037 frs-core:ComputerEquipment 2023-12-31 08850037 frs-core:FurnitureFittings 2024-12-31 08850037 frs-core:FurnitureFittings 2024-01-01 2024-12-31 08850037 frs-core:FurnitureFittings 2023-12-31 08850037 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 08850037 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 08850037 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 08850037 frs-core:PlantMachinery 2024-12-31 08850037 frs-core:PlantMachinery 2024-01-01 2024-12-31 08850037 frs-core:PlantMachinery 2023-12-31 08850037 frs-core:RevaluationReserve 2023-12-31 08850037 frs-core:RevaluationReserve 2024-12-31 08850037 frs-core:ShareCapital 2024-12-31 08850037 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 08850037 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08850037 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 08850037 frs-bus:SmallEntities 2024-01-01 2024-12-31 08850037 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 08850037 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 08850037 frs-bus:OrdinaryShareClass2 2024-01-01 2024-12-31 08850037 frs-bus:OrdinaryShareClass2 2024-12-31 08850037 frs-bus:OrdinaryShareClass3 2024-01-01 2024-12-31 08850037 frs-bus:OrdinaryShareClass3 2024-12-31 08850037 1 2024-01-01 2024-12-31 08850037 frs-bus:Director1 2024-01-01 2024-12-31 08850037 frs-bus:Director2 2024-01-01 2024-12-31 08850037 frs-bus:Director3 2024-01-01 2024-12-31 08850037 frs-countries:EnglandWales 2024-01-01 2024-12-31 08850037 2022-12-31 08850037 2023-12-31 08850037 2023-01-01 2023-12-31 08850037 frs-core:CurrentFinancialInstruments 2023-12-31 08850037 frs-core:Non-currentFinancialInstruments 2023-12-31 08850037 frs-core:RevaluationReserve 2023-12-31 08850037 frs-core:ShareCapital 2023-12-31 08850037 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 08850037 frs-bus:OrdinaryShareClass2 2023-01-01 2023-12-31 08850037 frs-bus:OrdinaryShareClass3 2023-01-01 2023-12-31 08850037 frs-core:CurrentFinancialInstruments 1 2023-12-31
Registered number: 08850037
Investing From Adversity Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
LPTA Limited
Chartered Certified Accountants
Priory Road
Priory Place
Tiptree
Essex
CO5 0QE
Investing From Adversity Limited
Contents
Contents

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

Page 1
Investing From Adversity Limited
Balance Sheet
As At 31 December 2024
Balance Sheet
Registered number: 08850037

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 2,268,953 |  | 2,124,556
|  |  | 2,268,953 |  | 2,124,556
CURRENT ASSETS
Debtors | 5 | 23,448 |  | 5,986 |
Cash at bank and in hand |  | 49,728 |  | 230,640 |
|  | 73,176 |  | 236,626 |
Creditors: Amounts Falling Due Within One Year | 6 | (20,447 ) |  | (18,427 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 52,729 |  | 218,199
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,321,682 |  | 2,342,755
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (1,672,796 ) |  | (1,702,661 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (531 ) |  | (276 )
NET ASSETS |  |  | 648,355 |  | 639,818
CAPITAL AND RESERVES
Called up share capital | 8 |  | 400 |  | 400
Revaluation reserve | 9 |  | 644,165 |  | 644,165
Profit and Loss Account |  |  | 3,790 |  | (4,747 )
SHAREHOLDERS' FUNDS |  |  | 648,355 |  | 639,818

Page 1
Page 2
Investing From Adversity Limited
Balance Sheet (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 Profit and Loss Account.
On behalf of the board

Mr Steven Coles Director | Mrs Julie Coles Director | Miss Rebecca Ansell Director
22nd August 2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Investing From Adversity Limited
Notes to the Financial Statements
For The Year Ended 31 December 2024
Notes to the Financial Statements
1. General Information
Investing From Adversity Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08850037 . The registered office is Priory Place Priory Road, Tiptree, Colchester, CO5 0QE.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:

Freehold | NIL
Plant & Machinery | 20% Reducing Balance
Fixtures & Fittings | 20% Reducing Balance
Computer Equipment | 20% Reducing Balance

2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
Page 3
Page 4
Investing From Adversity Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Plant & Machinery | Fixtures & Fittings | Computer Equipment | Total
| £ | £ | £ | £ | £
Cost
As at 1 January 2024 | 2,120,000 | 2,949 | 3,446 | 6,388 | 2,132,783
Additions | 143,591 | - | - | 2,684 | 146,275
Disposals | - | - | - | (1,049 ) | (1,049 )
As at 31 December 2024 | 2,263,591 | 2,949 | 3,446 | 8,023 | 2,278,009
Depreciation
As at 1 January 2024 | - | 2,095 | 2,940 | 3,192 | 8,227
Provided during the period | - | 171 | 101 | 1,069 | 1,341
Disposals | - | - | - | (512 ) | (512 )
As at 31 December 2024 | - | 2,266 | 3,041 | 3,749 | 9,056
Net Book Value
As at 31 December 2024 | 2,263,591 | 683 | 405 | 4,274 | 2,268,953
As at 1 January 2024 | 2,120,000 | 854 | 506 | 3,196 | 2,124,556

5. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Prepayments and accrued income | 1,972 |  | 1,109
Other debtors - Deposit scheme | 11,478 |  | 8,534
IFA Hub Ltd Loan Account | - |  | (3,657 )
Directors' loan accounts | 9,998 |  | -
| 23,448 |  | 5,986

6. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Trade creditors | 250 |  | 468
Bank loans and overdrafts | 4,600 |  | 4,600
Corporation tax | 1,948 |  | -
Tax & NIC Liability | - |  | 61

...CONTINUED
Page 4
Page 5
Investing From Adversity Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024

Other creditors - Deposit scheme | 11,478 |  | 8,534
Accruals and deferred income | 1,128 |  | 1,020
Directors' loan accounts | 1,043 |  | 3,744
| 20,447 |  | 18,427

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

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Bank Loans (Long term liabilities - creditors > 1 year) | 1,024,494 |  | 1,029,094
Amounts owed to related parties | 648,302 |  | 673,567
| 1,672,796 |  | 1,702,661

8. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 400 |  | 400

| 2024 |  | 2023
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
300 Ordinary A shares of £ 1.00 each | 300 |  | 300
100 Ordinary B shares of £ 1.00 each | 100 |  | 100
| 400 |  | 400

9. Reserves

| Revaluation Reserve
--- | ---
| £
As at 1 January 2024 | 644,165
As at 31 December 2024 | 644,165

10. Ultimate Controlling Party
The company's ultimate controlling party is Miss R Coles and Mrs J Coles by virtue of their ownership of 100% of the issued share capital in the company.
Page 5