Acorah Software Products - Accounts Production 16.5.460 false true 31 May 2024 1 June 2023 false 1 June 2024 30 June 2025 30 June 2025 12628073 Mr Steven Joseph Quinn Miss Elena Trigulova iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12628073 2024-05-31 12628073 2025-06-30 12628073 2024-06-01 2025-06-30 12628073 frs-core:CurrentFinancialInstruments 2025-06-30 12628073 frs-core:ComputerEquipment 2025-06-30 12628073 frs-core:ComputerEquipment 2024-06-01 2025-06-30 12628073 frs-core:ComputerEquipment 2024-05-31 12628073 frs-core:FurnitureFittings 2025-06-30 12628073 frs-core:FurnitureFittings 2024-06-01 2025-06-30 12628073 frs-core:FurnitureFittings 2024-05-31 12628073 frs-core:ShareCapital 2025-06-30 12628073 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 12628073 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-06-30 12628073 frs-bus:FilletedAccounts 2024-06-01 2025-06-30 12628073 frs-bus:SmallEntities 2024-06-01 2025-06-30 12628073 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-06-30 12628073 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-06-30 12628073 frs-bus:OrdinaryShareClass2 2024-06-01 2025-06-30 12628073 frs-bus:OrdinaryShareClass2 2025-06-30 12628073 frs-bus:OrdinaryShareClass3 2024-06-01 2025-06-30 12628073 frs-bus:OrdinaryShareClass3 2025-06-30 12628073 frs-bus:Director1 2024-06-01 2025-06-30 12628073 frs-bus:Director1 2024-05-31 12628073 frs-bus:Director1 2025-06-30 12628073 frs-bus:Director2 2024-06-01 2025-06-30 12628073 frs-core:CurrentFinancialInstruments 1 2025-06-30 12628073 frs-countries:EnglandWales 2024-06-01 2025-06-30 12628073 2023-05-31 12628073 2024-05-31 12628073 2023-06-01 2024-05-31 12628073 frs-core:CurrentFinancialInstruments 2024-05-31 12628073 frs-core:ShareCapital 2024-05-31 12628073 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 12628073 frs-bus:OrdinaryShareClass2 2023-06-01 2024-05-31 12628073 frs-bus:OrdinaryShareClass3 2023-06-01 2024-05-31 12628073 frs-core:CurrentFinancialInstruments 1 2024-05-31
Registered number: 12628073
Corporate Smarts Ltd
Unaudited Financial Statements
For the Period 1 June 2024 to 30 June 2025
Corporate Smarts Ltd
Contents
Contents

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

Page 1
Corporate Smarts Ltd
Balance Sheet
As At 30 June 2025
Balance Sheet
Registered number: 12628073

| 30 June 2025 | 31 May 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 4,879 |  | 4,852
|  |  | 4,879 |  | 4,852
CURRENT ASSETS
Debtors | 5 | 3,008 |  | 9,015 |
Cash at bank and in hand |  | 4,564 |  | 2,298 |
|  | 7,572 |  | 11,313 |
Creditors: Amounts Falling Due Within One Year | 6 | (9,231 ) |  | (14,649 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (1,659 ) |  | (3,336 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 3,220 |  | 1,516
PROVISIONS FOR LIABILITIES
Deferred Taxation | 7 |  | - |  | (922 )
NET ASSETS |  |  | 3,220 |  | 594
CAPITAL AND RESERVES
Called up share capital | 8 |  | 100 |  | 100
Profit and Loss Account |  |  | 3,120 |  | 494
SHAREHOLDERS' FUNDS |  |  | 3,220 |  | 594

Page 1
Page 2
Corporate Smarts Ltd
Balance Sheet (continued)
As At 30 June 2025
For the period ending 30 June 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 Profit and Loss Account.
The financial statements were approved by the board of directors on 7 October 2025 and were signed on its behalf by:

Mr Steven Joseph Quinn Director
07/10/2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Corporate Smarts Ltd
Notes to the Financial Statements
For the Period 1 June 2024 to 30 June 2025
Notes to the Financial Statements
1. General Information
Corporate Smarts Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12628073 . The registered office is 41 Barn Owl Close, Northampton, NN4 0UA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard
applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as
applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102
have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements have been prepared under the historical cost convention. The principal accounting policies
adopted are set out below.
2.2. Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal
course of business, and is shown net of VAT.
Revenue from the provision of services is recognised by reference to the stage of completion, when the costs incurred
and costs to complete can be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation
and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful
lives on the following bases:

Fixtures & Fittings | 3 Years on straight line
Computer Equipment | 20% on reducing balance

2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.
2.5. Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the
profit and loss account because it excludes items of income or expense that are taxable or deductible in other years
and it further excludes 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 reporting end date.
Deferred tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the
extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable
profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial
recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the
asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items
charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and
liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the
deferred tax assets and liabilities relate to taxes levied by the same tax authority.
2.6. Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.
Page 3
Page 4
Corporate Smarts Ltd
Notes to the Financial Statements (continued)
For the Period 1 June 2024 to 30 June 2025
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2 (2024: 2)
2 2
4. Tangible Assets

| Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 June 2024 | - | 7,275 | 7,275
Additions | 1,644 | 737 | 2,381
Disposals | - | (2,000 ) | (2,000 )
As at 30 June 2025 | 1,644 | 6,012 | 7,656
Depreciation
As at 1 June 2024 | - | 2,423 | 2,423
Provided during the period | - | 1,479 | 1,479
Disposals | - | (1,125 ) | (1,125 )
As at 30 June 2025 | - | 2,777 | 2,777
Net Book Value
As at 30 June 2025 | 1,644 | 3,235 | 4,879
As at 1 June 2024 | - | 4,852 | 4,852

5. Debtors

| 30 June 2025 |  | 31 May 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 2,000 |  | 6,000
VAT | 1,008 |  | 722
Directors' loan accounts | - |  | 2,293
| 3,008 |  | 9,015

6. Creditors: Amounts Falling Due Within One Year

| 30 June 2025 |  | 31 May 2024
--- | --- | --- | ---
| £ |  | £
Corporation tax | 850 |  | 4,733
Other taxes and social security | 194 |  | 470
Capital on tap | 3,479 |  | 7,871
Accruals and deferred income | - |  | 1,575
Directors' loan accounts | 4,708 |  | -
| 9,231 |  | 14,649

Page 4
Page 5
Corporate Smarts Ltd
Notes to the Financial Statements (continued)
For the Period 1 June 2024 to 30 June 2025
7. Deferred Taxation
The provision for deferred tax is made up as follows:

| 30 June 2025 |  | 31 May 2024
--- | --- | --- | ---
| £ |  | £
Other timing differences | - |  | 922

8. Share Capital

| 30 June 2025 |  | 31 May 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
80 Ordinary A shares of £ 1.00 each | 80 |  | 80
20 Ordinary B shares of £ 1.00 each | 20 |  | 20
| 100 |  | 100

9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 June 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 30 June 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Steven Quinn | 2,293 | - | 2,293 | - | -

The directors' loan account was repaid within nine months of the year end
Page 5