Acorah Software Products - Accounts Production 16.5.460 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 08164551 Mrs S Fernandes Mrs S Fernandes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08164551 2024-03-31 08164551 2025-03-31 08164551 2024-04-01 2025-03-31 08164551 frs-core:CurrentFinancialInstruments 2025-03-31 08164551 frs-core:ComputerEquipment 2025-03-31 08164551 frs-core:ComputerEquipment 2024-04-01 2025-03-31 08164551 frs-core:ComputerEquipment 2024-03-31 08164551 frs-core:MotorVehicles 2025-03-31 08164551 frs-core:MotorVehicles 2024-04-01 2025-03-31 08164551 frs-core:MotorVehicles 2024-03-31 08164551 frs-core:PlantMachinery 2025-03-31 08164551 frs-core:PlantMachinery 2024-04-01 2025-03-31 08164551 frs-core:PlantMachinery 2024-03-31 08164551 frs-core:ShareCapital 2025-03-31 08164551 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08164551 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08164551 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 08164551 frs-bus:SmallEntities 2024-04-01 2025-03-31 08164551 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08164551 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08164551 frs-core:UnlistedNon-exchangeTraded 2025-03-31 08164551 frs-core:UnlistedNon-exchangeTraded 2024-03-31 08164551 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 08164551 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 08164551 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 08164551 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 08164551 frs-bus:Director1 2024-04-01 2025-03-31 08164551 frs-bus:Director1 2024-03-31 08164551 frs-bus:Director1 2025-03-31 08164551 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 08164551 frs-countries:EnglandWales 2024-04-01 2025-03-31 08164551 2023-03-31 08164551 2024-03-31 08164551 2023-04-01 2024-03-31 08164551 frs-core:CurrentFinancialInstruments 2024-03-31 08164551 frs-core:ShareCapital 2024-03-31 08164551 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 08164551
Aafer Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Beresfords
Chartered Certified Accountants
1-2 Rhodium Point
Spindle Close
Hawkinge, Folkestone
Kent
CT18 7TQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08164551
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 40,675 50,787
Investments 5 7,010 7,010
47,685 57,797
CURRENT ASSETS
Debtors 6 95,257 69,452
Cash at bank and in hand 747,293 614,682
842,550 684,134
Creditors: Amounts Falling Due Within One Year 7 (68,044 ) (67,121 )
NET CURRENT ASSETS (LIABILITIES) 774,506 617,013
TOTAL ASSETS LESS CURRENT LIABILITIES 822,191 674,810
PROVISIONS FOR LIABILITIES
Deferred Taxation (10,169 ) (12,697 )
NET ASSETS 812,022 662,113
CAPITAL AND RESERVES
Called up share capital 8 104 104
Profit and Loss Account 811,918 662,009
SHAREHOLDERS' FUNDS 812,022 662,113
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For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Mrs S Fernandes
Director
28/10/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Aafer Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08164551 . The registered office is 1-2 Rhodium Point Spindle Close, Hawkinge, Folkestone, Kent, CT18 7TQ.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1.
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 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. Significant judgements and estimations
No judgements have been made in the process of applying the accounting policies that have had a significant effect on the amounts recognised in the financial statements.
No key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date which have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year have been made. 
2.4. 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 rendering of services. Turnover is reduced for rebates and other similar allowances.
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.
2.5. 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% reducing balance
Motor Vehicles 20% reducing balance
Computer Equipment 25% reducing balance
2.6. Investments
Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment. 
2.7. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
2.8. Interest Receivable
Interest income is recognised in the profit and loss account using the effective interest method. 
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2.9. Interest Payable
Finance costs are charged to the profit and loss account over the term of the debt using the effective interest method so that the amount charged is a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument. 
2.10. 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.
2.11. 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.
2.12. Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses. 
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2024: 6)
6 6
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost or Valuation
As at 1 April 2024 21,444 50,070 10,484 81,998
Additions - - 379 379
As at 31 March 2025 21,444 50,070 10,863 82,377
Depreciation
As at 1 April 2024 7,490 18,025 5,696 31,211
Provided during the period 2,790 6,409 1,292 10,491
As at 31 March 2025 10,280 24,434 6,988 41,702
Net Book Value
As at 31 March 2025 11,164 25,636 3,875 40,675
As at 1 April 2024 13,954 32,045 4,788 50,787
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5. Investments
Unlisted
£
Cost
As at 1 April 2024 7,010
As at 31 March 2025 7,010
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 7,010
As at 1 April 2024 7,010
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 92,062 66,855
Other debtors 3,195 2,597
95,257 69,452
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 2,331 5,916
Other creditors 3,614 5,149
Taxation and social security 62,099 56,056
68,044 67,121
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 104 104
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mrs Sheila Fernandes - 474 - - 474
The above loan is unsecured, interest free and repayable on demand.
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