Acorah Software Products - Accounts Production 16.6.920 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 08010457 Mr Adam Millington Mrs Emma Millington iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08010457 2024-03-31 08010457 2025-03-31 08010457 2024-04-01 2025-03-31 08010457 frs-core:CurrentFinancialInstruments 2025-03-31 08010457 frs-core:Non-currentFinancialInstruments 2025-03-31 08010457 frs-core:ComputerEquipment 2025-03-31 08010457 frs-core:ComputerEquipment 2024-04-01 2025-03-31 08010457 frs-core:ComputerEquipment 2024-03-31 08010457 frs-core:FurnitureFittings 2025-03-31 08010457 frs-core:FurnitureFittings 2024-04-01 2025-03-31 08010457 frs-core:FurnitureFittings 2024-03-31 08010457 frs-core:ShareCapital 2025-03-31 08010457 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08010457 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08010457 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 08010457 frs-bus:SmallEntities 2024-04-01 2025-03-31 08010457 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08010457 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08010457 frs-bus:Director1 2024-04-01 2025-03-31 08010457 frs-bus:Director1 2024-03-31 08010457 frs-bus:Director1 2025-03-31 08010457 frs-bus:Director2 2024-04-01 2025-03-31 08010457 frs-bus:Director2 2024-03-31 08010457 frs-bus:Director2 2025-03-31 08010457 frs-countries:EnglandWales 2024-04-01 2025-03-31 08010457 2023-03-31 08010457 2024-03-31 08010457 2023-04-01 2024-03-31 08010457 frs-core:CurrentFinancialInstruments 2024-03-31 08010457 frs-core:Non-currentFinancialInstruments 2024-03-31 08010457 frs-core:ShareCapital 2024-03-31 08010457 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 08010457
Modular Digital Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
de Jong Phillips Ltd
Chartered Accountants
First Floor
85 Great Portland Street
London
W1W 7LT
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08010457
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 458 548
458 548
CURRENT ASSETS
Debtors 5 25,123 100,595
Cash at bank and in hand 96,700 92,065
121,823 192,660
Creditors: Amounts Falling Due Within One Year 6 (72,680 ) (105,463 )
NET CURRENT ASSETS (LIABILITIES) 49,143 87,197
TOTAL ASSETS LESS CURRENT LIABILITIES 49,601 87,745
Creditors: Amounts Falling Due After More Than One Year 7 (48,778 ) (64,789 )
NET ASSETS 823 22,956
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account (177 ) 21,956
SHAREHOLDERS' FUNDS 823 22,956
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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 Adam Millington
Director
3rd November 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Modular Digital Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08010457 . The registered office is Desklodge House, 2 Redcliffe Way, Bristol, BS1 6NL.
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 form 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:
Fixtures & Fittings 3 years Straightline
Computer Equipment 3 years Straightline
2.4. 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 years 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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.5. 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: 4 (2024: 3)
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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 1,923 5,057 6,980
Additions - 415 415
As at 31 March 2025 1,923 5,472 7,395
Depreciation
As at 1 April 2024 1,456 4,976 6,432
Provided during the period 381 124 505
As at 31 March 2025 1,837 5,100 6,937
Net Book Value
As at 31 March 2025 86 372 458
As at 1 April 2024 467 81 548
Tangible assets have been depreciated straightline over 3 years. 
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 10,335 59,470
Other debtors 14,788 41,125
25,123 100,595
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 7,610 4,001
Bank loans and overdrafts 15,027 13,300
Other creditors 8,225 44,475
Taxation and social security 41,818 43,687
72,680 105,463
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 48,778 64,789
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
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9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Adam Millington 9,227 - 9,227 - -
Mrs Emma Millington 9,227 - 9,227 - -
The above loan was unsecured, interest free and repayable on demand.
10. Dividends
As at 31 March 2025 the company has a small deficit of £177 on the profit and loss reserve. The dividends declared during the year were not illegal as they were based on interim accounts which showed there were sufficient profits available for distribution at the time the dividends were declared.
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