Acorah Software Products - Accounts Production 16.6.950 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 10083368 Mr M Wade Mr A O'Boyle iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10083368 2024-03-31 10083368 2025-03-31 10083368 2024-04-01 2025-03-31 10083368 frs-core:CurrentFinancialInstruments 2025-03-31 10083368 frs-core:Non-currentFinancialInstruments 2025-03-31 10083368 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 10083368 frs-core:OtherResidualIntangibleAssets 2025-03-31 10083368 frs-core:OtherResidualIntangibleAssets 2024-04-01 2025-03-31 10083368 frs-core:OtherResidualIntangibleAssets 2024-03-31 10083368 frs-core:SharePremium 2025-03-31 10083368 frs-core:ShareCapital 2025-03-31 10083368 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10083368 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10083368 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10083368 frs-bus:SmallEntities 2024-04-01 2025-03-31 10083368 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10083368 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10083368 frs-bus:Director1 2024-04-01 2025-03-31 10083368 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 10083368 frs-countries:EnglandWales 2024-04-01 2025-03-31 10083368 2023-03-31 10083368 2024-03-31 10083368 2023-04-01 2024-03-31 10083368 frs-core:CurrentFinancialInstruments 2024-03-31 10083368 frs-core:Non-currentFinancialInstruments 2024-03-31 10083368 frs-core:SharePremium 2024-03-31 10083368 frs-core:ShareCapital 2024-03-31 10083368 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 10083368
Wade & O'Boyle (Molesey) Limited
Financial Statements
For The Year Ended 31 March 2025
Affinity Associates (AU) Limited
Office 43, The Cobalt Bldg
1600 Eureka Park, Lower Pemberton
Ashford
Kent
TN25 4BF
Wade & O'Boyle (Molesey) Limited
Contents
Contents

| Page
--- | ---
Statement of Financial Position | 1—2
Notes to the Financial Statements | 3—5

Page 1
Wade & O'Boyle (Molesey) Limited
Statement of Financial Position
As At 31 March 2025
Statement of Financial Position
Registered number: 10083368

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 136,000 |  | 153,000
Investment Properties | 5 |  | 1,727,000 |  | 1,625,000
|  |  | 1,863,000 |  | 1,778,000
CURRENT ASSETS
Debtors | 6 | 116,030 |  | 115,236 |
Cash at bank and in hand |  | 15,066 |  | 11,972 |
|  | 131,096 |  | 127,208 |
Creditors: Amounts Falling Due Within One Year | 7 | (134,558 ) |  | (52,396 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (3,462 ) |  | 74,812
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,859,538 |  | 1,852,812
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (298,934 ) |  | (346,449 )
NET ASSETS |  |  | 1,560,604 |  | 1,506,363
CAPITAL AND RESERVES
Called up share capital | 9 |  | 150 |  | 150
Share premium account |  |  | 1,233,248 |  | 1,233,248
Income Statement |  |  | 327,206 |  | 272,965
SHAREHOLDERS' FUNDS |  |  | 1,560,604 |  | 1,506,363

Page 1
Page 2
Wade & O'Boyle (Molesey) Limited
Statement of Financial Position (continued)
As At 31 March 2025
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 his 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 Statement.
On behalf of the board

Mr M Wade Director
1 December 2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Wade & O'Boyle (Molesey) Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Wade & O'Boyle (Molesey) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10083368 . The registered office is 18 High Street, Maldon, CM9 5PJ.
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.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are database costs. It is amortised to income statement over its estimated economic life of ten years.
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.
2.6. 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 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: 1 (2024: 1)
1 1
Page 3
Page 4
Wade & O'Boyle (Molesey) Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
4. Intangible Assets

| Database costs
--- | ---
| £
Cost
As at 1 April 2024 | 170,000
As at 31 March 2025 | 170,000
Amortisation
As at 1 April 2024 | 17,000
Provided during the period | 17,000
As at 31 March 2025 | 34,000
Net Book Value
As at 31 March 2025 | 136,000
As at 1 April 2024 | 153,000

5. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 April 2024 | 1,625,000
Additions | 42,000
Fair value adjustments | 60,000
As at 31 March 2025 | 1,727,000

The fair value of the investment property has been arrived at on the basis of a valuation carried out at 31 March 2025 by the director. The valuation was made on an open market value basis by reference to market evidence of transaction prices for
similar properties.
6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Amounts owed by participating interests | 93,705 |  | 92,911
Other debtors | 22,325 |  | 22,325
| 116,030 |  | 115,236

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | - |  | 3,300
Other creditors | 127,769 |  | 45,652
Taxation and social security | 6,789 |  | 3,444
| 134,558 |  | 52,396

Page 4
Page 5
Wade & O'Boyle (Molesey) Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | - |  | 3,850
Mortgages | 298,934 |  | 342,599
| 298,934 |  | 346,449

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 150 |  | 150

10. Related Party Transactions
Molesey Property Ltd:
A company in which Mr M Wade is Director. At the balance sheet date the company was owed £93,704 (2024 - £86,911) from Molesey Property Ltd.
Page 5