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 NI070848 Dr Scott Fischaber Dr Aislinn Rice Mr Oliver Lennon Mr Colin Walsh Dr Scott Fischaber iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI070848 2024-03-31 NI070848 2025-03-31 NI070848 2024-04-01 2025-03-31 NI070848 frs-core:CurrentFinancialInstruments 2025-03-31 NI070848 frs-core:Non-currentFinancialInstruments 2025-03-31 NI070848 frs-core:PlantMachinery 2025-03-31 NI070848 frs-core:PlantMachinery 2024-04-01 2025-03-31 NI070848 frs-core:PlantMachinery 2024-03-31 NI070848 frs-core:CapitalRedemptionReserve 2025-03-31 NI070848 frs-core:SharePremium 2025-03-31 NI070848 frs-core:ShareCapital 2025-03-31 NI070848 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 NI070848 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 NI070848 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 NI070848 frs-bus:SmallEntities 2024-04-01 2025-03-31 NI070848 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 NI070848 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 NI070848 frs-bus:Director1 2024-04-01 2025-03-31 NI070848 frs-bus:Director2 2024-04-01 2025-03-31 NI070848 frs-bus:Director3 2024-04-01 2025-03-31 NI070848 frs-bus:Director4 2024-04-01 2025-03-31 NI070848 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 NI070848 frs-core:Non-currentFinancialInstruments 1 2025-03-31 NI070848 frs-core:Non-currentFinancialInstruments 2 2025-03-31 NI070848 frs-countries:NorthernIreland 2024-04-01 2025-03-31 NI070848 2023-03-31 NI070848 2024-03-31 NI070848 2023-04-01 2024-03-31 NI070848 frs-core:CurrentFinancialInstruments 2024-03-31 NI070848 frs-core:Non-currentFinancialInstruments 2024-03-31 NI070848 frs-core:CapitalRedemptionReserve 2024-03-31 NI070848 frs-core:SharePremium 2024-03-31 NI070848 frs-core:ShareCapital 2024-03-31 NI070848 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 NI070848 frs-core:Non-currentFinancialInstruments 1 2024-03-31 NI070848 frs-core:Non-currentFinancialInstruments 2 2024-03-31
Registered number: NI070848
Analytics Engines Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: NI070848
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,745 12,858
6,745 12,858
CURRENT ASSETS
Debtors 5 886,007 661,543
Cash at bank and in hand 138,835 277,754
1,024,842 939,297
Creditors: Amounts Falling Due Within One Year 6 (811,188 ) (466,686 )
NET CURRENT ASSETS (LIABILITIES) 213,654 472,611
TOTAL ASSETS LESS CURRENT LIABILITIES 220,399 485,469
Creditors: Amounts Falling Due After More Than One Year 7 (452,858 ) (463,046 )
NET (LIABILITIES)/ASSETS (232,459 ) 22,423
CAPITAL AND RESERVES
Called up share capital 8 1,070,058 1,070,058
Share premium account 2,544,904 2,544,904
Capital redemption reserve 506 506
Profit and Loss Account (3,847,927 ) (3,593,045 )
SHAREHOLDERS' FUNDS (232,459) 22,423
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
Dr Scott Fischaber
Director
1st December 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
Analytics Engines Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI070848 . The registered office is 1 Chlorine Gardens, Belfast, BT9 5DJ.
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:
Plant & Machinery 33.3% (straight line basis)
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.
2.5. 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 26 (2024: 27)
26 27
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2024 116,591
As at 31 March 2025 116,591
Depreciation
As at 1 April 2024 103,733
Provided during the period 6,113
As at 31 March 2025 109,846
Net Book Value
As at 31 March 2025 6,745
As at 1 April 2024 12,858
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 218,092 240,740
Prepayments and accrued income 619,369 315,414
Corporation tax recoverable assets 48,546 105,389
886,007 661,543
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 6,998 16,781
Other taxes and social security 47,785 54,254
VAT 82,485 84,220
Other creditors 9,271 14,726
Accruals and deferred income 664,649 296,705
811,188 466,686
Other creditors includes Bounce Back Loan.
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7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other Creditors > 1 Yr 2,858 13,046
Convertible Loan Note 450,000 450,000
452,858 463,046
Other creditors includes Bounce Back Loan of £2,858.
Convertible Loan Note of £450,000 converted to equity on 29th July 2025.
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,070,058 1,070,058
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