Acorah Software Products - Accounts Production 16.5.460 false true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 05149519 T C Edwards T J Edwards T C Edwards iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05149519 2024-06-30 05149519 2025-06-30 05149519 2024-07-01 2025-06-30 05149519 frs-core:Non-currentFinancialInstruments 2025-06-30 05149519 frs-core:ComputerEquipment 2025-06-30 05149519 frs-core:ComputerEquipment 2024-07-01 2025-06-30 05149519 frs-core:ComputerEquipment 2024-06-30 05149519 frs-core:FurnitureFittings 2025-06-30 05149519 frs-core:FurnitureFittings 2024-07-01 2025-06-30 05149519 frs-core:FurnitureFittings 2024-06-30 05149519 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-06-30 05149519 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 05149519 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 05149519 frs-core:RevaluationReserve 2025-06-30 05149519 frs-core:ShareCapital 2025-06-30 05149519 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 05149519 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 05149519 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 05149519 frs-bus:SmallEntities 2024-07-01 2025-06-30 05149519 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 05149519 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 05149519 frs-bus:Director1 2024-07-01 2025-06-30 05149519 frs-bus:Director2 2024-07-01 2025-06-30 05149519 frs-bus:CompanySecretary1 2024-07-01 2025-06-30 05149519 frs-countries:EnglandWales 2024-07-01 2025-06-30 05149519 2023-06-30 05149519 2024-06-30 05149519 2023-07-01 2024-06-30 05149519 frs-core:Non-currentFinancialInstruments 2024-06-30 05149519 frs-core:RevaluationReserve 2024-06-30 05149519 frs-core:ShareCapital 2024-06-30 05149519 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: 05149519
Reflexions Limited
Unaudited Financial Statements
For The Year Ended 30 June 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05149519
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 856,876 774,421
856,876 774,421
CURRENT ASSETS
Debtors 8,777 8,268
Cash at bank and in hand 117,222 71,766
125,999 80,034
Creditors: Amounts Falling Due Within One Year (107,579 ) (77,339 )
NET CURRENT ASSETS (LIABILITIES) 18,420 2,695
TOTAL ASSETS LESS CURRENT LIABILITIES 875,296 777,116
Creditors: Amounts Falling Due After More Than One Year (216,074 ) (220,518 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (469 ) (701 )
NET ASSETS 658,753 555,897
CAPITAL AND RESERVES
Called up share capital 5 2 2
Revaluation reserve 307,395 307,395
Profit and Loss Account 351,356 248,500
SHAREHOLDERS' FUNDS 658,753 555,897
Page 1
Page 2
For the year 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.
On behalf of the board
T C Edwards
Director
T J Edwards
Director
17/09/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Reflexions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05149519 . The registered office is Basepoint Business Centre 110 Butterfield, Great Marlings, Luton, LU2 8DL.
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. 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. 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.
2.3. 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:
Freehold No depreciation
Office furniture and equipment 25% on reducing balance
Computer Equipment 33% on cost
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
Page 3
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4. Tangible Assets
Land & Property
Freehold Office furniture and equipment Computer Equipment Total
£ £ £ £
Cost
As at 1 July 2024 773,000 5,043 9,206 787,249
Additions 82,000 435 1,083 83,518
As at 30 June 2025 855,000 5,478 10,289 870,767
Depreciation
As at 1 July 2024 - 4,044 8,784 12,828
Provided during the period - 358 705 1,063
As at 30 June 2025 - 4,402 9,489 13,891
Net Book Value
As at 30 June 2025 855,000 1,076 800 856,876
As at 1 July 2024 773,000 999 422 774,421
Included within the net book value of land and buildings above is £855,000 (2024 - £773,000) in respect of freehold land and buildings.  These were revalued on 30 June 2025 using a desktop valuation obtained from zoopla.co.uk.
5. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
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