Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 08367773 C P Rodman C J Rodman C J Rodman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08367773 2023-12-31 08367773 2024-12-31 08367773 2024-01-01 2024-12-31 08367773 frs-core:CurrentFinancialInstruments 2024-12-31 08367773 frs-core:ComputerEquipment 2024-12-31 08367773 frs-core:ComputerEquipment 2024-01-01 2024-12-31 08367773 frs-core:ComputerEquipment 2023-12-31 08367773 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-12-31 08367773 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-01-01 2024-12-31 08367773 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-12-31 08367773 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 08367773 frs-core:FurnitureFittings 2024-12-31 08367773 frs-core:FurnitureFittings 2024-01-01 2024-12-31 08367773 frs-core:FurnitureFittings 2023-12-31 08367773 frs-core:OtherResidualIntangibleAssets 2024-12-31 08367773 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 08367773 frs-core:OtherResidualIntangibleAssets 2023-12-31 08367773 frs-core:PlantMachinery 2024-12-31 08367773 frs-core:PlantMachinery 2024-01-01 2024-12-31 08367773 frs-core:PlantMachinery 2023-12-31 08367773 frs-core:ShareCapital 2024-12-31 08367773 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 08367773 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08367773 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 08367773 frs-bus:SmallEntities 2024-01-01 2024-12-31 08367773 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 08367773 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 08367773 frs-core:ListedExchangeTraded 2024-12-31 08367773 frs-core:ListedExchangeTraded 2023-12-31 08367773 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-12-31 08367773 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-12-31 08367773 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-12-31 08367773 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-12-31 08367773 frs-bus:Director1 2024-01-01 2024-12-31 08367773 frs-bus:Director2 2024-01-01 2024-12-31 08367773 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 08367773 frs-core:CurrentFinancialInstruments 1 2024-12-31 08367773 frs-countries:EnglandWales 2024-01-01 2024-12-31 08367773 2022-12-31 08367773 2023-12-31 08367773 2023-01-01 2023-12-31 08367773 frs-core:CurrentFinancialInstruments 2023-12-31 08367773 frs-core:ShareCapital 2023-12-31 08367773 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 08367773 frs-core:CurrentFinancialInstruments 1 2023-12-31
Registered number: 08367773
Nerdy Banana Limited
Unaudited 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: 08367773
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 27,125 22,698
Tangible Assets 5 124,669 112,122
Investments 6 403,250 403,250
555,044 538,070
CURRENT ASSETS
Stocks 7 51,500 124,000
Debtors 8 131,568 137,943
Cash at bank and in hand 537,633 555,333
720,701 817,276
Creditors: Amounts Falling Due Within One Year 9 (544,748 ) (550,842 )
NET CURRENT ASSETS (LIABILITIES) 175,953 266,434
TOTAL ASSETS LESS CURRENT LIABILITIES 730,997 804,504
PROVISIONS FOR LIABILITIES
Deferred Taxation (10,885 ) (4,576 )
NET ASSETS 720,112 799,928
CAPITAL AND RESERVES
Called up share capital 10 20,000 20,000
Profit and Loss Account 700,112 779,928
SHAREHOLDERS' FUNDS 720,112 799,928
Page 1
Page 2
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
C P Rodman
Director
24/09/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Nerdy Banana Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08367773 . The registered office is Oak Tree Barn Oldwich Lane West, Chadwick End, Solihull, West Midlands, B93 0BH.
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. 
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. 
Computer software is amortised evenly over its estimated useful life of two years. 
2.4. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets are initally measured at cost. It is amortised to the profit and loss account over its estimated economic life of 10 years.
2.5. 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:
Plant & Machinery 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on cost
2.6. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. 
2.7. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 16 (2023: 15)
16 15
Page 3
Page 4
4. Intangible Assets
Other Intellectual Property Total
£ £ £
Cost
As at 1 January 2024 284,781 7,246 292,027
Additions 39,943 1,508 41,451
As at 31 December 2024 324,724 8,754 333,478
Amortisation
As at 1 January 2024 268,604 725 269,329
Provided during the period 36,149 875 37,024
As at 31 December 2024 304,753 1,600 306,353
Net Book Value
As at 31 December 2024 19,971 7,154 27,125
As at 1 January 2024 16,177 6,521 22,698
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 234,641 130,776 119,900 485,317
Additions 49,284 2,106 6,035 57,425
As at 31 December 2024 283,925 132,882 125,935 542,742
Depreciation
As at 1 January 2024 165,976 92,825 114,394 373,195
Provided during the period 29,488 10,014 5,376 44,878
As at 31 December 2024 195,464 102,839 119,770 418,073
Net Book Value
As at 31 December 2024 88,461 30,043 6,165 124,669
As at 1 January 2024 68,665 37,951 5,506 112,122
6. Investments
Listed
£
Cost
As at 1 January 2024 403,250
As at 31 December 2024 403,250
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 403,250
As at 1 January 2024 403,250
Page 4
Page 5
7. Stocks
2024 2023
£ £
Stock 51,500 124,000
8. Debtors
2024 2023
£ £
Due within one year
Trade debtors 23,296 41,770
Prepayments and accrued income 29,906 20,500
Other debtors 75,673 75,673
Corporation tax recoverable assets 2,693 -
131,568 137,943
9. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 122,743 104,422
Corporation tax - 32,352
VAT 324,650 329,241
Other creditors 10,412 4,108
Accrued expenses 1,800 1,725
Directors' loan accounts 85,143 78,994
544,748 550,842
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 20,000 20,000
Page 5