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 02950841 Mr Richard Blackford Mrs Eleanor London iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02950841 2024-03-31 02950841 2025-03-31 02950841 2024-04-01 2025-03-31 02950841 frs-core:CurrentFinancialInstruments 2025-03-31 02950841 frs-core:Non-currentFinancialInstruments 2025-03-31 02950841 frs-core:FurnitureFittings 2025-03-31 02950841 frs-core:FurnitureFittings 2024-04-01 2025-03-31 02950841 frs-core:FurnitureFittings 2024-03-31 02950841 frs-core:NetGoodwill 2025-03-31 02950841 frs-core:NetGoodwill 2024-04-01 2025-03-31 02950841 frs-core:NetGoodwill 2024-03-31 02950841 frs-core:PlantMachinery 2025-03-31 02950841 frs-core:PlantMachinery 2024-04-01 2025-03-31 02950841 frs-core:PlantMachinery 2024-03-31 02950841 frs-core:SharePremium 2025-03-31 02950841 frs-core:ShareCapital 2025-03-31 02950841 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 02950841 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 02950841 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 02950841 frs-bus:SmallEntities 2024-04-01 2025-03-31 02950841 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 02950841 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 02950841 frs-core:UnlistedNon-exchangeTraded 2025-03-31 02950841 frs-core:UnlistedNon-exchangeTraded 2024-03-31 02950841 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 02950841 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 02950841 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 02950841 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 02950841 frs-bus:Director1 2024-04-01 2025-03-31 02950841 frs-bus:Director1 2024-03-31 02950841 frs-bus:Director1 2025-03-31 02950841 frs-bus:Director2 2024-04-01 2025-03-31 02950841 frs-countries:EnglandWales 2024-04-01 2025-03-31 02950841 2023-03-31 02950841 2024-03-31 02950841 2023-04-01 2024-03-31 02950841 frs-core:CurrentFinancialInstruments 2024-03-31 02950841 frs-core:Non-currentFinancialInstruments 2024-03-31 02950841 frs-core:SharePremium 2024-03-31 02950841 frs-core:ShareCapital 2024-03-31 02950841 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 02950841
Deep Harmony Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Panthera Limited
Chartered Management Accountants
The Manor
Main Street
Grove
Oxfordshire
OX12 7JJ
Deep Harmony Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Deep Harmony Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 02950841

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 5 |  | 30,251 |  | 26,320
Investments | 6 |  | 9,144 |  | 9,144
|  |  | 39,395 |  | 35,464
CURRENT ASSETS
Debtors | 7 | 474,142 |  | 1,005,699 |
Investments | 8 | 7,084 |  | 7,084 |
Cash at bank and in hand |  | 551,163 |  | 188,066 |
|  | 1,032,389 |  | 1,200,849 |
Creditors: Amounts Falling Due Within One Year | 9 | (395 ) |  | (18,150 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,031,994 |  | 1,182,699
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,071,389 |  | 1,218,163
NET ASSETS |  |  | 1,071,389 |  | 1,218,163
CAPITAL AND RESERVES
Called up share capital | 10 |  | 111 |  | 111
Share premium account |  |  | 59,989 |  | 59,989
Profit and Loss Account |  |  | 1,011,289 |  | 1,158,063
SHAREHOLDERS' FUNDS |  |  | 1,071,389 |  | 1,218,163

Page 1
Page 2
Deep Harmony Limited
Balance Sheet (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 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 Richard Blackford Director
09/12/2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Deep Harmony Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Deep Harmony Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02950841 . The registered office is 8 Sovereign House, 1 Draxmont, Wimbledon Village, London, SW19 7PG.
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 5 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:

Plant & Machinery | 33.33% Reducing Balance
Fixtures & Fittings | 2% Reducing Balance & 25% Straight Line

2.5. 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.
2.6. 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.
...CONTINUED
Page 3
Page 4
Deep Harmony Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
2.6. Taxation - continued
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:

| 2025 |  | 2024
--- | --- | --- | ---
Office and administration | 2 |  | 2
| 2 |  | 2

4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 April 2024 | 25,000
As at 31 March 2025 | 25,000
Amortisation
As at 1 April 2024 | 25,000
As at 31 March 2025 | 25,000
Net Book Value
As at 31 March 2025 | -
As at 1 April 2024 | -

5. Tangible Assets

| Plant & Machinery | Fixtures & Fittings | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 April 2024 | 288,106 | 21,745 | 309,851
Additions | 14,013 | 1,041 | 15,054
Disposals | (12,001 ) | - | (12,001 )
As at 31 March 2025 | 290,118 | 22,786 | 312,904
Depreciation
As at 1 April 2024 | 274,551 | 8,980 | 283,531
Provided during the period | 7,403 | 2,993 | 10,396
Disposals | (11,274 ) | - | (11,274 )
As at 31 March 2025 | 270,680 | 11,973 | 282,653
Net Book Value
As at 31 March 2025 | 19,438 | 10,813 | 30,251
As at 1 April 2024 | 13,555 | 12,765 | 26,320

Page 4
Page 5
Deep Harmony Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
6. Investments

| Unlisted
--- | ---
| £
Cost
As at 1 April 2024 | 9,144
As at 31 March 2025 | 9,144
Provision
As at 1 April 2024 | -
As at 31 March 2025 | -
Net Book Value
As at 31 March 2025 | 9,144
As at 1 April 2024 | 9,144

7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | - |  | 3,000
Prepayments and accrued income | 3,289 |  | 16,224
Corporation tax recoverable assets | 16,119 |  | -
VAT | - |  | 1,165
Other taxes and social security | 49 |  | -
Directors' loan accounts | 44,709 |  | 590,518
| 64,166 |  | 610,907
Due after more than one year
Other debtors | 409,976 |  | 394,792
| 474,142 |  | 1,005,699

8. Current Asset Investments

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Unlisted investments | 7,084 |  | 7,084

9. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 489 |  | 2,025
Corporation tax | (98 ) |  | 16,045
Other taxes and social security | - |  | 80
VAT | 4 |  | -
| 395 |  | 18,150

Page 5
Page 6
Deep Harmony Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 111 |  | 111

11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 April 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 March 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Richard Blackford | 590,518 | 148,692 | 623,344 | - | 44,709

The loan is repayable on demand and is subject to interest at a rate of 2%.
12. Related Party Transactions
Richard BlackfordDirectorDuring the year ended 31 March 2025, Richard Blackford a director of Deep Harmony Ltd, having repaid the previous year loan in full, and was advanced further sums resulting in a balance due to the Company at the balance sheet date of £44709 (2024. £590,518). Interest of 2% was charged on the loan.

Richard Blackford

Director

During the year ended 31 March 2025, Richard Blackford a director of Deep Harmony Ltd, having repaid the previous year loan in full, and was advanced further sums resulting in a balance due to the Company at the balance sheet date of £44709 (2024. £590,518). Interest of 2% was charged on the loan.

First Desk LtdA company under common controlDuring the year, Deep Harmony Limited made payments to or on behalf of First Desk Ltd totalling £15,184 (2024: -£15,000). At the balance sheet date, the outstanding amount was £422,276 (2024 - £394,792). Interest at 3% per month has been charged on this loan. The transactions were made on terms equivalent to those that prevail in arm's length transactions. The outstanding balance is unsecured and will be settled in cash.

First Desk Ltd

A company under common control

During the year, Deep Harmony Limited made payments to or on behalf of First Desk Ltd totalling £15,184 (2024: -£15,000). At the balance sheet date, the outstanding amount was £422,276 (2024 - £394,792). Interest at 3% per month has been charged on this loan. The transactions were made on terms equivalent to those that prevail in arm's length transactions. The outstanding balance is unsecured and will be settled in cash.

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