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 10802594 Mr Francisco Norris Mr Patricio Norris Mr Mario Galindo Garcia Mr Craig Dalton Mr Marcus Remmers iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10802594 2024-06-30 10802594 2025-06-30 10802594 2024-07-01 2025-06-30 10802594 frs-core:CurrentFinancialInstruments 2025-06-30 10802594 frs-core:Non-currentFinancialInstruments 2025-06-30 10802594 frs-core:ComputerEquipment 2025-06-30 10802594 frs-core:ComputerEquipment 2024-07-01 2025-06-30 10802594 frs-core:ComputerEquipment 2024-06-30 10802594 frs-core:FurnitureFittings 2025-06-30 10802594 frs-core:FurnitureFittings 2024-07-01 2025-06-30 10802594 frs-core:FurnitureFittings 2024-06-30 10802594 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-06-30 10802594 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-07-01 2025-06-30 10802594 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-06-30 10802594 frs-core:PlantMachinery 2025-06-30 10802594 frs-core:PlantMachinery 2024-07-01 2025-06-30 10802594 frs-core:PlantMachinery 2024-06-30 10802594 frs-core:OtherReservesSubtotal 2025-06-30 10802594 frs-core:SharePremium 2025-06-30 10802594 frs-core:ShareCapital 2025-06-30 10802594 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 10802594 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 10802594 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 10802594 frs-bus:SmallEntities 2024-07-01 2025-06-30 10802594 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 10802594 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 10802594 frs-bus:Director1 2024-07-01 2025-06-30 10802594 frs-bus:Director2 2024-07-01 2025-06-30 10802594 frs-bus:Director3 2024-07-01 2025-06-30 10802594 frs-bus:Director4 2024-07-01 2025-06-30 10802594 frs-bus:Director5 2024-07-01 2025-06-30 10802594 frs-core:Non-currentFinancialInstruments 2 2025-06-30 10802594 frs-countries:EnglandWales 2024-07-01 2025-06-30 10802594 2023-06-30 10802594 2024-06-30 10802594 2023-07-01 2024-06-30 10802594 frs-core:CurrentFinancialInstruments 2024-06-30 10802594 frs-core:Non-currentFinancialInstruments 2024-06-30 10802594 frs-core:OtherReservesSubtotal 2024-06-30 10802594 frs-core:SharePremium 2024-06-30 10802594 frs-core:ShareCapital 2024-06-30 10802594 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 10802594 frs-core:Non-currentFinancialInstruments 2 2024-06-30
Registered number: 10802594
Zelp Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2025
Shore Accounting Ltd
Broadway Court Brighton Road
Lancing
West Sussex
BN15 8JT
Zelp Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
Zelp Ltd
Balance Sheet
As At 30 June 2025
Balance Sheet
Registered number: 10802594

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 144,598 |  | 177,398
|  |  | 144,598 |  | 177,398
CURRENT ASSETS
Debtors | 5 | 207,121 |  | 1,135,149 |
Cash at bank and in hand |  | 4,694,896 |  | 1,667,529 |
|  | 4,902,017 |  | 2,802,678 |
Creditors: Amounts Falling Due Within One Year | 6 | (1,346,279 ) |  | (541,894 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 3,555,738 |  | 2,260,784
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 3,700,336 |  | 2,438,182
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (367,389 ) |  | (346,594 )
NET ASSETS |  |  | 3,332,947 |  | 2,091,588
CAPITAL AND RESERVES
Called up share capital | 8 |  | 29,871 |  | 27,325
Share premium account |  |  | 11,974,999 |  | 9,319,364
Other reserves |  |  | 119,519 |  | 119,519
Profit and Loss Account |  |  | (8,791,442 ) |  | (7,374,620 )
SHAREHOLDERS' FUNDS |  |  | 3,332,947 |  | 2,091,588

Page 1
Page 2
Zelp Ltd
Balance Sheet (continued)
As At 30 June 2025
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

Mr Francisco Norris Director
16/10/2025

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Zelp Ltd
Notes to the Financial Statements
For The Year Ended 30 June 2025
Notes to the Financial Statements
1. General Information
Zelp Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10802594 . The registered office is 7, Savoy Court, London, WC2R 0EX.
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:

Leasehold | 20% straight line
Plant & Machinery | 20% straight line
Fixtures & Fittings | 20% straight line
Computer Equipment | 20% straight line

2.4. 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.
2.5. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 38 (2024: 40)
38 40
Page 3
Page 4
Zelp Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
4. Tangible Assets

| Land & Property
--- | ---
| Leasehold | Plant & Machinery | Fixtures & Fittings | Computer Equipment | Total
| £ | £ | £ | £ | £
Cost
As at 1 July 2024 | 111,709 | 3,113 | 38,223 | 118,108 | 271,153
Additions | 6,830 | - | - | 17,920 | 24,750
As at 30 June 2025 | 118,539 | 3,113 | 38,223 | 136,028 | 295,903
Depreciation
As at 1 July 2024 | 22,675 | 1,245 | 14,388 | 55,447 | 93,755
Provided during the period | 23,527 | 623 | 7,645 | 25,755 | 57,550
As at 30 June 2025 | 46,202 | 1,868 | 22,033 | 81,202 | 151,305
Net Book Value
As at 30 June 2025 | 72,337 | 1,245 | 16,190 | 54,826 | 144,598
As at 1 July 2024 | 89,034 | 1,868 | 23,835 | 62,661 | 177,398

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Prepayments and accrued income | 71,434 |  | 102,442
Other debtors | 72,400 |  | 970,334
VAT | 63,287 |  | 62,373
| 207,121 |  | 1,135,149

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 43,526 |  | 50,272
Other taxes and social security | 103,909 |  | 84,222
Other creditors | 8,442 |  | -
Accruals and deferred income | 1,190,402 |  | 407,400
| 1,346,279 |  | 541,894

7. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Convertible loan notes | 367,389 |  | 346,594

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 29,871 |  | 27,325

Page 4