Acorah Software Products - Accounts Production 16.6.950 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 08880547 Mr Nicholas Crawley Mr Frank Lovell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08880547 2024-02-29 08880547 2025-02-28 08880547 2024-03-01 2025-02-28 08880547 frs-core:CurrentFinancialInstruments 2025-02-28 08880547 frs-core:Non-currentFinancialInstruments 2025-02-28 08880547 frs-core:ComputerEquipment 2025-02-28 08880547 frs-core:ComputerEquipment 2024-03-01 2025-02-28 08880547 frs-core:ComputerEquipment 2024-02-29 08880547 frs-core:FurnitureFittings 2025-02-28 08880547 frs-core:FurnitureFittings 2024-03-01 2025-02-28 08880547 frs-core:FurnitureFittings 2024-02-29 08880547 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-02-28 08880547 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-01 2025-02-28 08880547 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-02-29 08880547 frs-core:PlantMachinery 2024-03-01 2025-02-28 08880547 frs-core:ShareCapital 2025-02-28 08880547 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 08880547 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 08880547 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 08880547 frs-bus:SmallEntities 2024-03-01 2025-02-28 08880547 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 08880547 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 08880547 frs-core:CostValuation 2024-02-29 08880547 frs-core:CostValuation 2025-02-28 08880547 frs-core:ProvisionsForImpairmentInvestments 2024-02-29 08880547 frs-core:ProvisionsForImpairmentInvestments 2025-02-28 08880547 frs-bus:Director1 2024-03-01 2025-02-28 08880547 frs-bus:Director2 2024-03-01 2025-02-28 08880547 frs-countries:EnglandWales 2024-03-01 2025-02-28 08880547 2023-02-28 08880547 2024-02-29 08880547 2023-03-01 2024-02-29 08880547 frs-core:CurrentFinancialInstruments 2024-02-29 08880547 frs-core:Non-currentFinancialInstruments 2024-02-29 08880547 frs-core:ShareCapital 2024-02-29 08880547 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 08880547
Imolott Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08880547
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 451,858 536,798
Investments 5 20,875 20,875
472,733 557,673
CURRENT ASSETS
Stocks 6 11,395 13,050
Debtors 7 309,116 197,347
Cash at bank and in hand 118,458 131,086
438,969 341,483
Creditors: Amounts Falling Due Within One Year 8 (431,496 ) (370,443 )
NET CURRENT ASSETS (LIABILITIES) 7,473 (28,960 )
TOTAL ASSETS LESS CURRENT LIABILITIES 480,206 528,713
Creditors: Amounts Falling Due After More Than One Year 9 (506,682 ) (429,709 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (36,684 ) (36,684 )
NET (LIABILITIES)/ASSETS (63,160 ) 62,320
CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Profit and Loss Account (64,160 ) 61,320
SHAREHOLDERS' FUNDS (63,160) 62,320
Page 1
Page 2
For the year ending 28 February 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 Nicholas Crawley
Director
30/11/2025
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
Imolott Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08880547 . The registered office is The Dairywell, Kenhill Road, Shenington, Banbury, Oxfordshire, OX15 6NQ.
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 equal instalments over the period of the lease
Plant & Machinery 20% written down value
Fixtures & Fittings 20% written down value
Computer Equipment 20% written down value
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 48 (2024: 45)
48 45
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 March 2024 561,055 381,930 56,345 999,330
Additions 19,669 13,832 1,660 35,161
As at 28 February 2025 580,724 395,762 58,005 1,034,491
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 March 2024 244,812 191,815 25,905 462,532
Provided during the period 75,600 38,136 6,365 120,101
As at 28 February 2025 320,412 229,951 32,270 582,633
Net Book Value
As at 28 February 2025 260,312 165,811 25,735 451,858
As at 1 March 2024 316,243 190,115 30,440 536,798
5. Investments
Other
£
Cost or Valuation
As at 1 March 2024 20,875
As at 28 February 2025 20,875
Provision
As at 1 March 2024 -
As at 28 February 2025 -
Net Book Value
As at 28 February 2025 20,875
As at 1 March 2024 20,875
6. Stocks
2025 2024
£ £
Stock 11,395 13,050
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 15,850 12,975
Other debtors 293,266 184,372
309,116 197,347
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 142,458 132,339
Bank loans and overdrafts 81,538 28,730
Other creditors 139,115 84,303
Taxation and social security 68,385 125,071
431,496 370,443
Page 4
Page 5
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Trade creditors 184,543 165,537
Bank loans 89,639 31,672
Other creditors 232,500 232,500
506,682 429,709
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 5