Acorah Software Products - Accounts Production 16.5.460 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 13941186 A B Dru B Graves iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13941186 2023-12-31 13941186 2024-12-31 13941186 2024-01-01 2024-12-31 13941186 frs-core:CurrentFinancialInstruments 2024-12-31 13941186 frs-core:Non-currentFinancialInstruments 2024-12-31 13941186 frs-core:ComputerEquipment 2024-01-01 2024-12-31 13941186 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-12-31 13941186 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 13941186 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 13941186 frs-core:FurnitureFittings 2024-12-31 13941186 frs-core:FurnitureFittings 2024-01-01 2024-12-31 13941186 frs-core:FurnitureFittings 2023-12-31 13941186 frs-core:PlantMachinery 2024-12-31 13941186 frs-core:PlantMachinery 2024-01-01 2024-12-31 13941186 frs-core:PlantMachinery 2023-12-31 13941186 frs-core:ShareCapital 2024-12-31 13941186 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13941186 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13941186 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 13941186 frs-bus:SmallEntities 2024-01-01 2024-12-31 13941186 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13941186 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13941186 frs-bus:Director1 2024-01-01 2024-12-31 13941186 frs-bus:Director2 2024-01-01 2024-12-31 13941186 frs-countries:EnglandWales 2024-01-01 2024-12-31 13941186 2022-12-31 13941186 2023-12-31 13941186 2023-01-01 2023-12-31 13941186 frs-core:CurrentFinancialInstruments 2023-12-31 13941186 frs-core:Non-currentFinancialInstruments 2023-12-31 13941186 frs-core:ShareCapital 2023-12-31 13941186 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 13941186
Sunsave UK Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 13941186
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 221,020 -
Tangible Assets 5 34,862 -
255,882 -
CURRENT ASSETS
Stocks 6 106,502 165,442
Debtors 7 1,071,590 811,270
Cash at bank and in hand 107,386 303,706
1,285,478 1,280,418
Creditors: Amounts Falling Due Within One Year 8 (263,692 ) (79,560 )
NET CURRENT ASSETS (LIABILITIES) 1,021,786 1,200,858
TOTAL ASSETS LESS CURRENT LIABILITIES 1,277,668 1,200,858
Creditors: Amounts Falling Due After More Than One Year 9 (1,741,071 ) -
NET (LIABILITIES)/ASSETS (463,403 ) 1,200,858
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account (463,404 ) 1,200,857
SHAREHOLDERS' FUNDS (463,403) 1,200,858
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
B Graves
Director
29/09/2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Sunsave UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13941186 . The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.
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.
Transition to FRS 102 Section 1A
Prior to this year, the company prepared its financial statements under FRS 105. These are the first financial statements prepared under FRS 102 1A and comparatives for the prior year have been restated accordingly.
Impact of Transition
The adoption of FRS 102 1A has not resulted in any material adjustments to the measurement of assets, liabilities, or equity from those reported under the previous financial reporting framework. Any differences arising on transition have been adjusted in the opening balances of retained earnings at the date of transition 01 January 2024. 
Date of transition
The date of transition to FRS 102 Section 1A was 01 January 2024.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about 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. For contracts involving both the supply of goods and the provision of installation services, these are treated as a single transaction. Revenue is recognised in full upon completion of the installation, which is the point at which the company has fulfilled its performance obligations under the contract and the system is operational.
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. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to the Profit and Loss account on a straight line basis over their expected useful economic lives of 3 years. 
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
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 20% Staight Line
Fixtures & Fittings 33.33% Staight Line
Computer Equipment 33.33% Staight Line
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2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. 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.
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 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.
2.8. 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
On 31 March 2024, the company took over the payroll function of Sunsave Group Limited under the Transfer of Undertakings (Protection of Employment) Regulations (TUPE). No provisions for employment-related liabilities were required as at the reporting date. There are no contingent liabilities or uncertainties relating to the transfer of employment obligations. Average number of employees, including directors, during the year was: 25 (2023: 2)
25 2
4. Intangible Assets
Development Costs
£
Cost
As at 1 January 2024 -
Additions 221,020
As at 31 December 2024 221,020
Net Book Value
As at 31 December 2024 221,020
As at 1 January 2024 -
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5. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2024 - - -
Additions 564 45,156 45,720
As at 31 December 2024 564 45,156 45,720
Depreciation
As at 1 January 2024 - - -
Provided during the period 85 10,773 10,858
As at 31 December 2024 85 10,773 10,858
Net Book Value
As at 31 December 2024 479 34,383 34,862
As at 1 January 2024 - - -
6. Stocks
2024 2023
£ £
Stock 106,502 165,442
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 8,440 60,530
Amounts owed by group undertakings 923,140 -
Other debtors 140,010 42,825
1,071,590 103,355
Due after more than one year
Amounts owed by group undertakings - 707,915
1,071,590 811,270
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 56,629 5,988
Other creditors 156,012 73,572
Taxation and social security 51,051 -
263,692 79,560
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Amounts owed to group undertakings 1,741,071 -
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10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
11. Related Party Transactions
Sunsave UK Limited entered into an arrangement with a fellow group company, Sunsave Energy Limited, in relation to the financing of customer solar installations. Under this arrangement, when customers finance their solar installation through Sunsave Energy Limited, Sunsave UK Limited becomes entitled to a payment from Sunsave Energy Limited upon successful completion of the installation. The transaction price is measured as the present value of future customer cashflows discounted at a market rate of interest. The total value of such payments receivable during the year was £782,815. 
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