Acorah Software Products - Accounts Production 16.5.460 false true true 31 October 2024 1 November 2023 false 1 November 2024 31 July 2025 31 July 2025 06840456 Mr Jason Veal Mr William Humphrey Mr Jason Veal iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06840456 2024-10-31 06840456 2025-07-31 06840456 2024-11-01 2025-07-31 06840456 frs-core:CurrentFinancialInstruments 2025-07-31 06840456 frs-core:Non-currentFinancialInstruments 2025-07-31 06840456 frs-core:ComputerEquipment 2025-07-31 06840456 frs-core:ComputerEquipment 2024-11-01 2025-07-31 06840456 frs-core:ComputerEquipment 2024-10-31 06840456 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-07-31 06840456 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-11-01 2025-07-31 06840456 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-10-31 06840456 frs-core:FurnitureFittings 2025-07-31 06840456 frs-core:FurnitureFittings 2024-11-01 2025-07-31 06840456 frs-core:FurnitureFittings 2024-10-31 06840456 frs-core:NetGoodwill 2025-07-31 06840456 frs-core:NetGoodwill 2024-11-01 2025-07-31 06840456 frs-core:NetGoodwill 2024-10-31 06840456 frs-core:CapitalRedemptionReserve 2025-07-31 06840456 frs-core:ShareCapital 2025-07-31 06840456 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 06840456 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-07-31 06840456 frs-bus:FilletedAccounts 2024-11-01 2025-07-31 06840456 frs-bus:SmallEntities 2024-11-01 2025-07-31 06840456 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-07-31 06840456 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-07-31 06840456 frs-bus:Director1 2024-11-01 2025-07-31 06840456 frs-bus:Director2 2024-11-01 2025-07-31 06840456 frs-bus:CompanySecretary1 2024-11-01 2025-07-31 06840456 1 2024-11-01 2025-07-31 06840456 frs-countries:EnglandWales 2024-11-01 2025-07-31 06840456 2023-10-31 06840456 2024-10-31 06840456 2023-11-01 2024-10-31 06840456 frs-core:CurrentFinancialInstruments 2024-10-31 06840456 frs-core:Non-currentFinancialInstruments 2024-10-31 06840456 frs-core:CapitalRedemptionReserve 2024-10-31 06840456 frs-core:ShareCapital 2024-10-31 06840456 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 06840456 1 2023-11-01 2024-10-31
Registered number: 06840456
Sugar Creative Studio Limited
Unaudited Financial Statements
For the Period 1 November 2024 to 31 July 2025
The Wow Company UK Ltd
3rd Floor, 86-90 Paul Street
London
EC2A 4NE
Sugar Creative Studio Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Sugar Creative Studio Limited
Balance Sheet
As At 31 July 2025
Balance Sheet
Registered number: 06840456

| 31 July 2025 | 31 October 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 104,350 |  | 122,252
Tangible Assets | 5 |  | 6,649 |  | 7,901
|  |  | 110,999 |  | 130,153
CURRENT ASSETS
Debtors | 6 | 106,844 |  | 133,715 |
Cash at bank and in hand |  | 12,260 |  | 16,999 |
|  | 119,104 |  | 150,714 |
Creditors: Amounts Falling Due Within One Year | 7 | (198,652 ) |  | (215,600 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (79,548 ) |  | (64,886 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 31,451 |  | 65,267
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (18,772 ) |  | (53,257 )
NET ASSETS |  |  | 12,679 |  | 12,010
CAPITAL AND RESERVES
Called up share capital |  |  | 85 |  | 85
Capital redemption reserve |  |  | 50 |  | 50
Profit and Loss Account |  |  | 12,544 |  | 11,875
SHAREHOLDERS' FUNDS |  |  | 12,679 |  | 12,010

Page 1
Page 2
Sugar Creative Studio Limited
Balance Sheet (continued)
As At 31 July 2025
For the period ending 31 July 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.
On behalf of the board

Mr Jason Veal Director
10 October 2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Sugar Creative Studio Limited
Notes to the Financial Statements
For the Period 1 November 2024 to 31 July 2025
Notes to the Financial Statements
1. General Information
Sugar Creative Studio Limited is a private company, limited by shares and incorporated in England & Wales. The registered company number is 06840456 and the registered office address is Lambourne House, Lambourne Crescent, Llanishen, Cardiff, Wales, CF14 5GL.
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
The directors believe the company to be a going concern and will continue to give their support to the company over the next 12 months.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of value added taxes. Turnover is measured by reviewing the actual services performed against the total services to be provided and is only recognised if it can be estimated reliably.
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 profit and loss account over its estimated economic life of 5 years.
2.5. Research and Development
Intangible assets acquired separately from a business are recognised at cost and are subsequently
measured at cost less accumulated amortisation and accumulated impairment losses.
Intangible assets acquired on business combinations are recognised separately from goodwill at the
acquisition date where it is probable that the expected future economic benefits that are attributable to the
asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset
arises from contractual or other legal rights; and the intangible asset is separable from the entity.
Amortisation 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:
Development costs - 13% straight line
2.6. 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:

Fixtures and fittings | 33% reducing balance
Computer equipment | 20% reducing balance

Page 3
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Sugar Creative Studio Limited
Notes to the Financial Statements (continued)
For the Period 1 November 2024 to 31 July 2025
2.7. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets.
Assets acquired under hire purchase contracts are depreciated over their useful lives.
Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company.
Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.8. Financial Instruments
Debtors and creditors which are due within one year are recorded at transaction price, less any impairment.
2.9. Foreign Currencies
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.
2.10. Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. 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.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account 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
Deferred tax has not been recognised as it is not material to the financial statements. The directors will review this annually.
2.11. 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.
Page 4
Page 5
Sugar Creative Studio Limited
Notes to the Financial Statements (continued)
For the Period 1 November 2024 to 31 July 2025
2.12. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
2.13. Dividend
The dividend was paid unknowingly and the Director undertakes to make no further distribution until such time as there are reserves available for the purpose.
3. Average Number of Employees

| 31 July 2025 |  | 31 October 2024
--- | --- | --- | ---
Average number of employees, including directors, during the period | 10 |  | 9
| 10 |  | 9

4. Intangible Assets

| Goodwill | Development costs | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 November 2024 | 20,000 | 237,427 | 257,427
As at 31 July 2025 | 20,000 | 237,427 | 257,427
Amortisation
As at 1 November 2024 | 20,000 | 115,175 | 135,175
Provided during the period | - | 17,902 | 17,902
As at 31 July 2025 | 20,000 | 133,077 | 153,077
Net Book Value
As at 31 July 2025 | - | 104,350 | 104,350
As at 1 November 2024 | - | 122,252 | 122,252

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Page 6
Sugar Creative Studio Limited
Notes to the Financial Statements (continued)
For the Period 1 November 2024 to 31 July 2025
5. Tangible Assets

| Fixtures and fittings | Computer equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 November 2024 | 41,865 | 15,157 | 57,022
As at 31 July 2025 | 41,865 | 15,157 | 57,022
Depreciation
As at 1 November 2024 | 41,175 | 7,946 | 49,121
Provided during the period | 171 | 1,081 | 1,252
As at 31 July 2025 | 41,346 | 9,027 | 50,373
Net Book Value
As at 31 July 2025 | 519 | 6,130 | 6,649
As at 1 November 2024 | 690 | 7,211 | 7,901

6. Debtors

| 31 July 2025 |  | 31 October 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 21,114 |  | 89,564
Other debtors | 85,730 |  | 44,151
| 106,844 |  | 133,715

7. Creditors: Amounts Falling Due Within One Year

| 31 July 2025 |  | 31 October 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 11,187 |  | 11,663
Bank loans and overdrafts | 151,178 |  | 128,527
Other creditors | 8,140 |  | 38,309
Taxation and social security | 28,147 |  | 37,101
| 198,652 |  | 215,600

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

| 31 July 2025 |  | 31 October 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 18,772 |  | 53,257

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