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 09131329 Mr Gary Lewy Mrs Ashima Malhotra Mr Edward Lewy iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09131329 2024-03-31 09131329 2025-03-31 09131329 2024-04-01 2025-03-31 09131329 frs-core:CurrentFinancialInstruments 2025-03-31 09131329 frs-core:Non-currentFinancialInstruments 2025-03-31 09131329 frs-core:ComputerEquipment 2025-03-31 09131329 frs-core:ComputerEquipment 2024-04-01 2025-03-31 09131329 frs-core:ComputerEquipment 2024-03-31 09131329 frs-core:FurnitureFittings 2025-03-31 09131329 frs-core:FurnitureFittings 2024-04-01 2025-03-31 09131329 frs-core:FurnitureFittings 2024-03-31 09131329 frs-core:NetGoodwill 2025-03-31 09131329 frs-core:NetGoodwill 2024-04-01 2025-03-31 09131329 frs-core:NetGoodwill 2024-03-31 09131329 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 09131329 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 09131329 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 09131329 frs-core:PlantMachinery 2025-03-31 09131329 frs-core:PlantMachinery 2024-04-01 2025-03-31 09131329 frs-core:PlantMachinery 2024-03-31 09131329 frs-core:ShareCapital 2025-03-31 09131329 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 09131329 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09131329 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 09131329 frs-bus:SmallEntities 2024-04-01 2025-03-31 09131329 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09131329 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09131329 frs-bus:Director1 2024-04-01 2025-03-31 09131329 frs-bus:Director2 2024-04-01 2025-03-31 09131329 frs-bus:Director3 2024-04-01 2025-03-31 09131329 frs-countries:EnglandWales 2024-04-01 2025-03-31 09131329 2023-03-31 09131329 2024-03-31 09131329 2023-04-01 2024-03-31 09131329 frs-core:CurrentFinancialInstruments 2024-03-31 09131329 frs-core:Non-currentFinancialInstruments 2024-03-31 09131329 frs-core:ShareCapital 2024-03-31 09131329 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 09131329
Main Sparks Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Focal Business Group Limited
Chartered Institue of Management Accountants
4A Church Street
Market Harborough
Leicestershire
LE16 7AA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09131329
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 164,445 196,676
Tangible Assets 5 195,455 216,238
359,900 412,914
CURRENT ASSETS
Stocks 6 699,457 561,669
Debtors 7 331,713 326,816
Cash at bank and in hand 579,376 264,083
1,610,546 1,152,568
Creditors: Amounts Falling Due Within One Year 8 (743,406 ) (583,718 )
NET CURRENT ASSETS (LIABILITIES) 867,140 568,850
TOTAL ASSETS LESS CURRENT LIABILITIES 1,227,040 981,764
Creditors: Amounts Falling Due After More Than One Year 9 (58,334 ) (108,334 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (46,331 ) (51,635 )
NET ASSETS 1,122,375 821,795
CAPITAL AND RESERVES
Called up share capital 302 302
Profit and Loss Account 1,122,073 821,493
SHAREHOLDERS' FUNDS 1,122,375 821,795
Page 1
Page 2
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 Gary Lewy
Director
2 December 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Main Sparks Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09131329 . The registered office is 4a Church Street, Market Harborough, Leicestershire, LE16 7AA.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of ten years.
2.4. 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 in accordance with the property
Plant & Machinery 20% reducing balance method
Fixtures & Fittings 20% reducing balance method
Computer Equipment 33.3% straight line method
2.5. 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.
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Page 4
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 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: 3 (2024: 3)
3 3
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 322,307
As at 31 March 2025 322,307
Amortisation
As at 1 April 2024 125,631
Provided during the period 32,231
As at 31 March 2025 157,862
Net Book Value
As at 31 March 2025 164,445
As at 1 April 2024 196,676
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Page 5
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 10,030 708 307,736 736 319,210
Additions 1,553 - 20,667 1,601 23,821
As at 31 March 2025 11,583 708 328,403 2,337 343,031
Depreciation
As at 1 April 2024 334 47 102,177 414 102,972
Provided during the period 1,120 132 43,099 253 44,604
As at 31 March 2025 1,454 179 145,276 667 147,576
Net Book Value
As at 31 March 2025 10,129 529 183,127 1,670 195,455
As at 1 April 2024 9,696 661 205,559 322 216,238
6. Stocks
2025 2024
£ £
Stock 699,457 561,669
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 145,264 99,995
Other debtors 186,449 226,821
331,713 326,816
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 80,156 49,894
Bank loans and overdrafts 50,000 63,667
Other creditors 451,222 394,182
Taxation and social security 162,028 75,975
743,406 583,718
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Page 6
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 58,334 108,334
Page 6