Acorah Software Products - Accounts Production 16.3.350 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 10145797 Ms Michelle Lloyd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10145797 2024-04-30 10145797 2025-04-30 10145797 2024-05-01 2025-04-30 10145797 frs-core:CurrentFinancialInstruments 2025-04-30 10145797 frs-core:BetweenOneFiveYears 2025-04-30 10145797 frs-core:ComputerEquipment 2025-04-30 10145797 frs-core:ComputerEquipment 2024-05-01 2025-04-30 10145797 frs-core:ComputerEquipment 2024-04-30 10145797 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-05-01 2025-04-30 10145797 frs-core:FurnitureFittings 2025-04-30 10145797 frs-core:FurnitureFittings 2024-05-01 2025-04-30 10145797 frs-core:FurnitureFittings 2024-04-30 10145797 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-04-30 10145797 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-05-01 2025-04-30 10145797 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-30 10145797 frs-core:OtherResidualIntangibleAssets 2025-04-30 10145797 frs-core:OtherResidualIntangibleAssets 2024-04-30 10145797 frs-core:WithinOneYear 2025-04-30 10145797 frs-core:ShareCapital 2025-04-30 10145797 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 10145797 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 10145797 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 10145797 frs-bus:SmallEntities 2024-05-01 2025-04-30 10145797 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 10145797 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 10145797 frs-bus:Director1 2024-05-01 2025-04-30 10145797 frs-countries:EnglandWales 2024-05-01 2025-04-30 10145797 2023-04-30 10145797 2024-04-30 10145797 2023-05-01 2024-04-30 10145797 frs-core:CurrentFinancialInstruments 2024-04-30 10145797 frs-core:BetweenOneFiveYears 2024-04-30 10145797 frs-core:WithinOneYear 2024-04-30 10145797 frs-core:ShareCapital 2024-04-30 10145797 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 10145797
United ArtSpace Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
United ArtSpace Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—4

Page 1
United ArtSpace Limited
Balance Sheet
As At 30 April 2025
Balance Sheet
Registered number: 10145797

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 5 |  | 9,103 |  | 13,385
|  |  | 9,103 |  | 13,385
CURRENT ASSETS
Debtors | 6 | 20,739 |  | 15,491 |
Cash at bank and in hand |  | 9,448 |  | 9,509 |
|  | 30,187 |  | 25,000 |
Creditors: Amounts Falling Due Within One Year | 7 | (37,068 ) |  | (26,661 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (6,881 ) |  | (1,661 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,222 |  | 11,724
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (1,065 ) |  | (734 )
NET ASSETS |  |  | 1,157 |  | 10,990
CAPITAL AND RESERVES
Called up share capital | 8 |  | 100 |  | 100
Profit and Loss Account |  |  | 1,057 |  | 10,890
SHAREHOLDERS' FUNDS |  |  | 1,157 |  | 10,990

For the year ending 30 April 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

Ms Michelle Lloyd Director
21 August 2025

The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
United ArtSpace Limited
Notes to the Financial Statements
For The Year Ended 30 April 2025
Notes to the Financial Statements
1. General Information
United ArtSpace Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10145797 . The registered office is C/O Sempar, Office 2.026, Innovation Centre 7, Keele University, Keele, Staffordshire, ST5 5NU.
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.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible asset includes trademark and website development. They are amortised to profit and loss account over their estimated economic life of 3 years.
2.4. 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:

Leasehold | 33% on cost
Fixtures & Fittings | 25% reducing balance
Computer Equipment | 33% on cost

2.5. 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.
2.6. 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 year 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 asset reflects 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 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.
Page 2
Page 3
United ArtSpace Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
2.7. 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
Average number of employees, including directors, during the year was as follows:

| 2025 |  | 2024
--- | --- | --- | ---
Office and administration | 2 |  | 2
| 2 |  | 2

4. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 May 2024 | 3,580
As at 30 April 2025 | 3,580
Amortisation
As at 1 May 2024 | 3,580
As at 30 April 2025 | 3,580
Net Book Value
As at 30 April 2025 | -
As at 1 May 2024 | -

5. Tangible Assets

| Land & Property
--- | ---
| Leasehold | Fixtures & Fittings | Computer Equipment | Total
| £ | £ | £ | £
Cost
As at 1 May 2024 | 11,411 | 9,856 | 8,725 | 29,992
Additions | - | 363 | 1,041 | 1,404
As at 30 April 2025 | 11,411 | 10,219 | 9,766 | 31,396
Depreciation
As at 1 May 2024 | 3,804 | 4,078 | 8,725 | 16,607
Provided during the period | 3,804 | 1,535 | 347 | 5,686
As at 30 April 2025 | 7,608 | 5,613 | 9,072 | 22,293
Net Book Value
As at 30 April 2025 | 3,803 | 4,606 | 694 | 9,103
As at 1 May 2024 | 7,607 | 5,778 | - | 13,385

Page 3
Page 4
United ArtSpace Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 2,234 |  | 3,148
Prepayments and accrued income | 358 |  | 378
Other taxes and social security | 787 |  | -
Director's loan account | 17,360 |  | 11,965
| 20,739 |  | 15,491

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 2,958 |  | 3,986
Other loans | 7,000 |  | 10,000
Corporation tax | 4,701 |  | 3,930
VAT | 5,896 |  | 3,709
Other creditors | 121 |  | 732
Accruals and deferred income | 16,392 |  | 4,304
| 37,068 |  | 26,661

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Not later than one year | 5,133 |  | -
Later than one year and not later than five years | 5,989 |  | -
| 11,122 |  | -

10. Directors Advances, Credits and Guarantees
Included within Debtors is a loan to the director of £17,360 (2024: 11,965). This loan is unsecured and repayable on demand. Interest has been charged at 2.25%
Dividends paid to the director in the year were £26,000 (2024: £14,250)
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