Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 10265460 Mr Kevin Pilgrim Ms Nicola Kinnier Mr Kevin Pilgrim true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10265460 2024-03-31 10265460 2025-03-31 10265460 2024-04-01 2025-03-31 10265460 frs-core:CurrentFinancialInstruments 2025-03-31 10265460 frs-core:Non-currentFinancialInstruments 2025-03-31 10265460 frs-core:PlantMachinery 2025-03-31 10265460 frs-core:PlantMachinery 2024-04-01 2025-03-31 10265460 frs-core:PlantMachinery 2024-03-31 10265460 frs-core:ShareCapital 2025-03-31 10265460 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10265460 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10265460 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10265460 frs-bus:SmallEntities 2024-04-01 2025-03-31 10265460 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10265460 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10265460 1 2024-04-01 2025-03-31 10265460 frs-bus:Director1 2024-04-01 2025-03-31 10265460 frs-bus:Director2 2024-04-01 2025-03-31 10265460 frs-countries:EnglandWales 2024-04-01 2025-03-31 10265460 2023-03-31 10265460 2024-03-31 10265460 2023-04-01 2024-03-31 10265460 frs-core:CurrentFinancialInstruments 2024-03-31 10265460 frs-core:Non-currentFinancialInstruments 2024-03-31 10265460 frs-core:ShareCapital 2024-03-31 10265460 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 10265460
Inrenovate Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
LPTA Limited
Chartered Certified Accountants
Priory Road
Priory Place
Tiptree
Essex
CO5 0QE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10265460
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,055 6,319
5,055 6,319
CURRENT ASSETS
Stocks 5 1,450 2,629
Debtors 6 174 210
Cash at bank and in hand 8,928 14,259
10,552 17,098
Creditors: Amounts Falling Due Within One Year 7 (12,889 ) (14,289 )
NET CURRENT ASSETS (LIABILITIES) (2,337 ) 2,809
TOTAL ASSETS LESS CURRENT LIABILITIES 2,718 9,128
Creditors: Amounts Falling Due After More Than One Year 8 (354 ) (2,476 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (605 ) (845 )
NET ASSETS 1,759 5,807
CAPITAL AND RESERVES
Called up share capital 9 110 110
Profit and Loss Account 1,649 5,697
SHAREHOLDERS' FUNDS 1,759 5,807
Page 1
Page 2
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 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 Kevin Pilgrim
Director
Ms Nicola Kinnier
Director
29th October 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
Inrenovate Ltd Registered number 10265460 is a limited by shares company incorporated in England & Wales. The Registered Office is Priory Place, Priory Road, Tiptree, Essex, CO5 0QE.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
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Page 4
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2024 17,854
As at 31 March 2025 17,854
Depreciation
As at 1 April 2024 11,535
Provided during the period 1,264
As at 31 March 2025 12,799
Net Book Value
As at 31 March 2025 5,055
As at 1 April 2024 6,319
5. Stocks
2025 2024
£ £
Stock 1,450 2,629
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 84
Prepayments and accrued income 174 126
174 210
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 100 2,854
Bank loans and overdrafts 2,123 2,123
Corporation tax 6,445 3,319
Other taxes and social security 311 706
VAT 2,742 3,658
...CONTINUED
Page 4
Page 5
Company Credit Card 1 440
Accruals and deferred income 990 925
Directors' loan accounts 177 264
12,889 14,289
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bounce Back Loan 354 2,476
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 110 110
10. Dividends
2025 2024
£ £
On equity shares:
Final dividend paid 30,500 10,250
11. Ultimate Controlling Party
The company's ultimate controlling party is Mr Kevin Pilgrim by virtue of his ownership of 90.9% of the issued share capital in the company.
Page 5