Acorah Software Products - Accounts Production 16.6.920 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 13306492 Mr T A Steinberg Mr R J Hemming iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13306492 2024-03-31 13306492 2025-03-31 13306492 2024-04-01 2025-03-31 13306492 frs-core:CurrentFinancialInstruments 2025-03-31 13306492 frs-core:ComputerEquipment 2025-03-31 13306492 frs-core:ComputerEquipment 2024-04-01 2025-03-31 13306492 frs-core:ComputerEquipment 2024-03-31 13306492 frs-core:ShareCapital 2025-03-31 13306492 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 13306492 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13306492 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 13306492 frs-bus:SmallEntities 2024-04-01 2025-03-31 13306492 frs-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 13306492 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 13306492 frs-bus:Director1 2024-04-01 2025-03-31 13306492 frs-bus:Director2 2024-04-01 2025-03-31 13306492 frs-countries:EnglandWales 2024-04-01 2025-03-31 13306492 2023-03-31 13306492 2024-03-31 13306492 2023-04-01 2024-03-31 13306492 frs-core:CurrentFinancialInstruments 2024-03-31 13306492 frs-core:ShareCapital 2024-03-31 13306492 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 13306492
OPPL Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
MyAccountant.co.uk Limited
OPPL Ltd
Contents
Contents
Page
Company Information 1
Accountant's Report 2
Balance Sheet 3
Notes to the Financial Statements 4—6
Page 1
OPPL Ltd
Company Information
For The Year Ended 31 March 2025
Company Information
Directors Mr T A Steinberg
Mr R J Hemming
Company Number 13306492
Registered Office 86-90 Paul Street
London
England
EC2A 4NE
Accountants MyAccountant.co.uk Limited
17 Enterprise Court
Crossland Way
Cramlington
NE23 1LZ
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Page 2
OPPL Ltd
Accountant's Report
For The Year Ended 31 March 2025
Accountant's Report
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval
the accounts of OPPL Ltd for the year ended 31 March 2025 as set out on pages 4 to 10 from the company's
accounting records and from information and explanations you have given us.
It is your duty to ensure that OPPL Ltd has kept adequate accounting records and to prepare statutory accounts
that give a true and fair view of the assets, liabilities, financial position and loss of OPPL Ltd. You consider that
OPPL Ltd is exempt from the statutory audit requirement for the year.
28/10/2025
MyAccountant.co.uk Limited
17 Enterprise Court
Crossland Way
Cramlington
NE23 1LZ
Page 2
Page 3
OPPL Ltd
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 13306492
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 236 1,493
236 1,493
CURRENT ASSETS
Debtors 5 5,239 3,292
Cash at bank and in hand 52,516 195,014
57,755 198,306
Creditors: Amounts Falling Due Within One Year 6 (515,029 ) (540,509 )
NET CURRENT ASSETS (LIABILITIES) (457,274 ) (342,203 )
TOTAL ASSETS LESS CURRENT LIABILITIES (457,038 ) (340,710 )
NET LIABILITIES (457,038 ) (340,710 )
CAPITAL AND RESERVES
Called up share capital 7 5 5
Profit and Loss Account (457,043 ) (340,715 )
SHAREHOLDERS' FUNDS (457,038) (340,710)
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 T A Steinberg
Director
28/10/2025
The notes on pages 4 to 6 form part of these financial statements.
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Page 4
OPPL Ltd
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
OPPL Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13306492 . The registered office is 86-90 Paul Street, London, England, EC2A 4NE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below.
These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
2.2. Going Concern Disclosure
The financial statements have been prepared on a going concern basis.
2.3. Turnover
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision
of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax,
returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
2.4. Tangible Fixed Assets and Depreciation
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation is charged so as to write off the cost of assets, other than land and properties under constructionover their estimated useful lives, as follows:
Computer Equipment Straight line over 3 years
2.5. Foreign Currencies
Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date ofthe transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when
the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.
2.6. Pensions
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold
sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 3)
2 3
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OPPL Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2024 3,770
As at 31 March 2025 3,770
Depreciation
As at 1 April 2024 2,277
Provided during the period 1,257
As at 31 March 2025 3,534
Net Book Value
As at 31 March 2025 236
As at 1 April 2024 1,493
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 4,000 -
Other debtors 1,239 3,292
5,239 3,292
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 202 180
Other creditors 511,993 534,664
Taxation and social security 2,834 5,665
515,029 540,509
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
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Page 6
OPPL Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 5 5
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
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