Acorah Software Products - Accounts Production 16.5.460 false true true 31 March 2024 1 April 2023 false 29 September 2025 1 April 2024 31 March 2025 31 March 2025 07350287 Mr Shinya Hama Mr Jochen Hans Marmann false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07350287 2024-03-31 07350287 2025-03-31 07350287 2024-04-01 2025-03-31 07350287 frs-core:CurrentFinancialInstruments 2025-03-31 07350287 frs-core:BetweenOneFiveYears 2025-03-31 07350287 frs-core:ComputerEquipment 2025-03-31 07350287 frs-core:ComputerEquipment 2024-04-01 2025-03-31 07350287 frs-core:ComputerEquipment 2024-03-31 07350287 frs-core:NetGoodwill 2025-03-31 07350287 frs-core:NetGoodwill 2024-04-01 2025-03-31 07350287 frs-core:NetGoodwill 2024-03-31 07350287 frs-core:PlantMachinery 2025-03-31 07350287 frs-core:PlantMachinery 2024-04-01 2025-03-31 07350287 frs-core:PlantMachinery 2024-03-31 07350287 frs-core:WithinOneYear 2025-03-31 07350287 frs-core:ShareCapital 2025-03-31 07350287 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07350287 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07350287 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 07350287 frs-bus:SmallEntities 2024-04-01 2025-03-31 07350287 frs-bus:Audited 2024-04-01 2025-03-31 07350287 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07350287 frs-bus:OrdinaryShareClass1 2024-04-01 2025-03-31 07350287 frs-bus:OrdinaryShareClass1 2025-03-31 07350287 1 2024-04-01 2025-03-31 07350287 frs-bus:Director1 2024-04-01 2025-03-31 07350287 frs-bus:Director2 2024-04-01 2025-03-31 07350287 frs-countries:EnglandWales 2024-04-01 2025-03-31 07350287 2023-03-31 07350287 2024-03-31 07350287 2023-04-01 2024-03-31 07350287 frs-core:CurrentFinancialInstruments 2024-03-31 07350287 frs-core:BetweenOneFiveYears 2024-03-31 07350287 frs-core:WithinOneYear 2024-03-31 07350287 frs-core:ShareCapital 2024-03-31 07350287 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07350287 frs-bus:OrdinaryShareClass1 2023-04-01 2024-03-31
Registered number: 07350287
Nihon Kohden UK Limited
Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—5
Page 1
Statement of Financial Position
Registered number: 07350287
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 13,583 20,444
13,583 20,444
CURRENT ASSETS
Stocks 76,445 109,923
Debtors 6 520,758 427,958
Cash at bank and in hand 624,923 881,200
1,222,126 1,419,081
Creditors: Amounts Falling Due Within One Year 7 (725,490 ) (953,449 )
NET CURRENT ASSETS (LIABILITIES) 496,636 465,632
TOTAL ASSETS LESS CURRENT LIABILITIES 510,219 486,076
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,017 ) (3,056 )
NET ASSETS 509,202 483,020
CAPITAL AND RESERVES
Called up share capital 8 100,000 100,000
Income Statement 409,202 383,020
SHAREHOLDERS' FUNDS 509,202 483,020
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 Shinya Hama
Director
29 September 2025
The notes on pages 2 to 5 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Nihon Kohden UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07350287 . The registered office is Unit 3 Heyworth Business Park Old Portsmouth Road, Peasmarsh, Guildford, Surrey, GU3 1AF.
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
At the time of approving the financial statements, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis. In forming this view, the directors have considered the Company’s financial position, cash flow forecasts, and potential uncertainties affecting its operations. Based on this assessment, the directors are satisfied that there are no material uncertainties that cast significant doubt on the Company’s ability to continue as a going concern.
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.
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.
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to income statement over its estimated economic life.
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, equipment, fixtures & fittings Straight line over 5 years
Computer Equipment Straight line over 3 years
2.6. Leasing and Hire Purchase Contracts
Rentals applicable to operating leases, where substantially all of the benefits and risks of ownership remain with the lessor, are charged to income statement on a straight line basis over the lease term.
2.7. Stocks and Work in Progress
Stock, including demonstration stock, is valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving items. Cost is determined on an average cost basis.
2.8. Financial Instruments
Financial instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method. In the opinion of the directors, there are no advanced financial instruments.
2.9. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.
Page 2
Page 3
2.10. Taxation
Taxation for the year 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.11. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
2.12. Presentation Currency
The financial statements are presented in pounds sterling (£/GBP), which is the Company’s functional and presentation currency. This reflects the currency of the primary economic environment in which the Company operates.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 14 (2024: 14)
14 14
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 60,000
As at 31 March 2025 60,000
Amortisation
As at 1 April 2024 60,000
As at 31 March 2025 60,000
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
Page 3
Page 4
5. Tangible Assets
Plant, equipment, fixtures & fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 52,603 24,936 77,539
Additions 1,152 1,898 3,050
Disposals - (3,352 ) (3,352 )
As at 31 March 2025 53,755 23,482 77,237
Depreciation
As at 1 April 2024 39,882 17,213 57,095
Provided during the period 5,132 4,691 9,823
Disposals - (3,264 ) (3,264 )
As at 31 March 2025 45,014 18,640 63,654
Net Book Value
As at 31 March 2025 8,741 4,842 13,583
As at 1 April 2024 12,721 7,723 20,444
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 356,834 295,672
Amounts owed by group undertakings 10,175 7,368
Other debtors 153,749 124,918
520,758 427,958
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 31,029 30,517
Amounts owed to group undertakings 438,258 721,493
Other creditors 143,059 123,820
Taxation and social security 113,144 77,619
725,490 953,449
8. Share Capital
2025 2024
Allotted, called up and fully paid £ £
10,000 Ordinary Shares of £ 10 each 100,000 100,000
Page 4
Page 5
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as follows:
2025 2024
£ £
Not later than one year 92,562 102,173
Later than one year and not later than five years 62,452 75,207
155,014 177,380
10. Related Party Transactions
The company has taken advantage of the FRS102 Section 1A not to disclose related party transactions.
11. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our advisors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
12. Parent Undertaking and Controlling Party
The company's immediate parent undertaking is Nihon Kohden Europe GmbH, a company registered at Raiffeisenstraße 10, 61191 Rosbach vor der Höhe, Germany . The ultimate parent undertaking and controlling party is Nihon Kohden Corporation , a company incorporated in Japan.
Nihon Kohden Corporation is the largest and smallest group undertaking to consolidate these financial statements. The consolidated financial statements of Nihon Kohden Corporation may be obtained from International Operations, 1-31-4 Nishiochiai, Shinjuku-ku, Tokyo 161-8560, Japan.
13. Audit Information
The auditor's report on the accounts of Nihon Kohden UK Limited for the year ended 31 March 2025 was unqualified.
The auditor's report was signed by Andrew Millet BA MBA FCA (Senior Statutory Auditor) for and on behalf of Millet Accountants Ltd , Statutory Auditor.
Millet Accountants Ltd
Chartered Accountants and Statutory Auditors
Beyond Aldgate Tower
2 Leman Street
London
E1 8FA
Page 5