Acorah Software Products - Accounts Production 16.7.461 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 05445787 Ms Anna Smears Miss Gillian White the director true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05445787 2024-03-31 05445787 2025-03-31 05445787 2024-04-01 2025-03-31 05445787 frs-core:CurrentFinancialInstruments 2025-03-31 05445787 frs-core:ComputerEquipment 2025-03-31 05445787 frs-core:ComputerEquipment 2024-04-01 2025-03-31 05445787 frs-core:ComputerEquipment 2024-03-31 05445787 frs-core:FurnitureFittings 2024-04-01 2025-03-31 05445787 frs-core:PlantMachinery 2025-03-31 05445787 frs-core:PlantMachinery 2024-04-01 2025-03-31 05445787 frs-core:PlantMachinery 2024-03-31 05445787 frs-core:ShareCapital 2025-03-31 05445787 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 05445787 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05445787 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 05445787 frs-bus:SmallEntities 2024-04-01 2025-03-31 05445787 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 05445787 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 05445787 1 2024-04-01 2025-03-31 05445787 frs-bus:Director1 2024-04-01 2025-03-31 05445787 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 05445787 frs-countries:EnglandWales 2024-04-01 2025-03-31 05445787 2023-03-31 05445787 2024-03-31 05445787 2023-04-01 2024-03-31 05445787 frs-core:CurrentFinancialInstruments 2024-03-31 05445787 frs-core:ShareCapital 2024-03-31 05445787 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 05445787
Sadvise Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Jon Davies Accountants Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 05445787
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 534 1,061
534 1,061
CURRENT ASSETS
Debtors 5 32 111
Cash at bank and in hand 74,243 74,240
74,275 74,351
Creditors: Amounts Falling Due Within One Year 6 (5,044 ) (4,545 )
NET CURRENT ASSETS (LIABILITIES) 69,231 69,806
TOTAL ASSETS LESS CURRENT LIABILITIES 69,765 70,867
NET ASSETS 69,765 70,867
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 69,665 70,767
SHAREHOLDERS' FUNDS 69,765 70,867
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 member has 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 Profit and Loss Account.
On behalf of the board
Ms Anna Smears
Director
1 December 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Sadvise Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05445787 . The registered office is 24 Nook Rise, Liverpool, L15 7JB.
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. 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:
Plant & Machinery Straight Line: 20%
Fixtures & Fittings Straight Line: 20%
Computer Equipment Straight Line: 33%
2.3. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 1,382 3,981 5,363
As at 31 March 2025 1,382 3,981 5,363
Depreciation
As at 1 April 2024 614 3,688 4,302
Provided during the period 300 227 527
As at 31 March 2025 914 3,915 4,829
...CONTINUED
Page 2
Page 3
Net Book Value
As at 31 March 2025 468 66 534
As at 1 April 2024 768 293 1,061
5. Debtors
2025 2024
£ £
Due within one year
VAT 32 111
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax - 174
Director's loan account 5,044 4,371
5,044 4,545
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
8. Ultimate Controlling Party
The company's ultimate controlling party is the director by virtue of her ownership of 100% of the issued share capital in the company.
Page 3