Acorah Software Products - Accounts Production 16.5.460 false true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 07583111 Miss Sophie Maxwell Miss Sophie Maxwell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07583111 2024-08-31 07583111 2025-08-31 07583111 2024-09-01 2025-08-31 07583111 frs-core:CurrentFinancialInstruments 2025-08-31 07583111 frs-core:Non-currentFinancialInstruments 2025-08-31 07583111 frs-core:ComputerEquipment 2025-08-31 07583111 frs-core:ComputerEquipment 2024-09-01 2025-08-31 07583111 frs-core:ComputerEquipment 2024-08-31 07583111 frs-core:FurnitureFittings 2025-08-31 07583111 frs-core:FurnitureFittings 2024-09-01 2025-08-31 07583111 frs-core:FurnitureFittings 2024-08-31 07583111 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-08-31 07583111 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-01 2025-08-31 07583111 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-31 07583111 frs-core:MotorVehicles 2025-08-31 07583111 frs-core:MotorVehicles 2024-09-01 2025-08-31 07583111 frs-core:MotorVehicles 2024-08-31 07583111 frs-core:PlantMachinery 2025-08-31 07583111 frs-core:PlantMachinery 2024-09-01 2025-08-31 07583111 frs-core:PlantMachinery 2024-08-31 07583111 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 07583111 frs-bus:CompanyLimitedByGuarantee 2024-09-01 2025-08-31 07583111 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 07583111 frs-bus:SmallEntities 2024-09-01 2025-08-31 07583111 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 07583111 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 07583111 frs-bus:Director1 2024-09-01 2025-08-31 07583111 frs-bus:CompanySecretary1 2024-09-01 2025-08-31 07583111 frs-countries:EnglandWales 2024-09-01 2025-08-31 07583111 2023-08-31 07583111 2024-08-31 07583111 2023-09-01 2024-08-31 07583111 frs-core:CurrentFinancialInstruments 2024-08-31 07583111 frs-core:Non-currentFinancialInstruments 2024-08-31 07583111 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31
Registered number: 07583111
The Really Neet Project Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Branagans Accountancy Services Ltd
352 Herringthorpe Valley Rd
Rotherham
S60 4LA
The Really Neet Project Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
The Really Neet Project Limited
Balance Sheet
As At 31 August 2025
Balance Sheet
Registered number: 07583111

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 456,154 |  | 452,573
|  |  | 456,154 |  | 452,573
CURRENT ASSETS
Debtors | 5 | 26,084 |  | 40,382 |
Cash at bank and in hand |  | 253,845 |  | 344,856 |
|  | 279,929 |  | 385,238 |
Creditors: Amounts Falling Due Within One Year | 6 | (121,334 ) |  | (192,599 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 158,595 |  | 192,639
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 614,749 |  | 645,212
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (238,652 ) |  | (285,050 )
NET ASSETS |  |  | 376,097 |  | 360,162
Income and Expenditure Account |  |  | 376,097 |  | 360,162
MEMBERS' FUNDS |  |  | 376,097 |  | 360,162

Page 1
Page 2
The Really Neet Project Limited
Balance Sheet (continued)
As At 31 August 2025
For the year ending 31 August 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 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 Income and Expenditure Account.
On behalf of the board

Miss Sophie Maxwell Director
14/11/2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
The Really Neet Project Limited
Notes to the Financial Statements
For The Year Ended 31 August 2025
Notes to the Financial Statements
1. General Information
The Really Neet Project Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 07583111 . The registered office is Fusion Office 1, Magna Business Centre, Magna Way, Rotherham, S60 1FE.
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:

Freehold | 3%
Plant & Machinery | 25% Reducing balance
Motor Vehicles | 25% Reducing balance
Fixtures & Fittings | 25% Reducing balance
Computer Equipment | 25% Reducing balance

2.4. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the income and expenditure account, directors report, and notes to the financial statements relating to the income and expenditure account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 42 (2024: 44)
42 44
4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Plant & Machinery | Motor Vehicles | Fixtures & Fittings
| £ | £ | £ | £
Cost
As at 1 September 2024 | 432,000 | 23,452 | 4,500 | 7,735
Additions | - | - | - | 6,202
As at 31 August 2025 | 432,000 | 23,452 | 4,500 | 13,937

...CONTINUED
Page 3
Page 4
The Really Neet Project Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2025

Depreciation
As at 1 September 2024 | - | 19,684 | 4,113 | 4,552
Provided during the period | - | 942 | 97 | 2,346
As at 31 August 2025 | - | 20,626 | 4,210 | 6,898
Net Book Value
As at 31 August 2025 | 432,000 | 2,826 | 290 | 7,039
As at 1 September 2024 | 432,000 | 3,768 | 387 | 3,183

| Computer Equipment | Total
--- | --- | ---
| £ | £
Cost
As at 1 September 2024 | 28,104 | 495,791
Additions | 5,431 | 11,633
As at 31 August 2025 | 33,535 | 507,424
Depreciation
As at 1 September 2024 | 14,869 | 43,218
Provided during the period | 4,667 | 8,052
As at 31 August 2025 | 19,536 | 51,270
Net Book Value
As at 31 August 2025 | 13,999 | 456,154
As at 1 September 2024 | 13,235 | 452,573

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Prepayments and accrued income | 26,084 |  | 33,713
Other debtors | - |  | 6,669
| 26,084 |  | 40,382

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 23,196 |  | 44,242
Bank loans and overdrafts | 38,593 |  | 49,379
Loan - Fullerton House | 23,919 |  | 29,248
Other taxes and social security | 34,827 |  | 33,491
Accruals and deferred income | - |  | 10,440
Director's loan account | 799 |  | 25,799
| 121,334 |  | 192,599

Page 4
Page 5
The Really Neet Project Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2025
7. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Long term bank loans | 238,652 |  | 285,050

8. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 5