Acorah Software Products - Accounts Production 16.7.461 false true 30 September 2024 1 October 2023 false 1 October 2024 30 September 2025 30 September 2025 12185858 Miss Iona Macleod iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12185858 2024-09-30 12185858 2025-09-30 12185858 2024-10-01 2025-09-30 12185858 frs-core:CurrentFinancialInstruments 2025-09-30 12185858 frs-core:ComputerEquipment 2025-09-30 12185858 frs-core:ComputerEquipment 2024-10-01 2025-09-30 12185858 frs-core:ComputerEquipment 2024-09-30 12185858 frs-core:ShareCapital 2025-09-30 12185858 frs-core:RetainedEarningsAccumulatedLosses 2025-09-30 12185858 frs-bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 12185858 frs-bus:FilletedAccounts 2024-10-01 2025-09-30 12185858 frs-bus:SmallEntities 2024-10-01 2025-09-30 12185858 frs-bus:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 12185858 frs-bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 12185858 frs-bus:Director1 2024-10-01 2025-09-30 12185858 frs-countries:EnglandWales 2024-10-01 2025-09-30 12185858 2023-09-30 12185858 2024-09-30 12185858 2023-10-01 2024-09-30 12185858 frs-core:CurrentFinancialInstruments 2024-09-30 12185858 frs-core:ShareCapital 2024-09-30 12185858 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30
Registered number: 12185858
Iona Macleod Photography Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2025
Indigo Green Accountants Limited
Chartered Accountants
The Boar Shed
Shirlheath
Kingsland
Herefordshire
HR6 9RJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12185858
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,404 3,697
4,404 3,697
CURRENT ASSETS
Debtors 5 20,905 13,574
Cash at bank and in hand 11,210 7,492
32,115 21,066
Creditors: Amounts Falling Due Within One Year 6 (20,088 ) (18,048 )
NET CURRENT ASSETS (LIABILITIES) 12,027 3,018
TOTAL ASSETS LESS CURRENT LIABILITIES 16,431 6,715
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,101 ) (925 )
NET ASSETS 15,330 5,790
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 15,329 5,789
SHAREHOLDERS' FUNDS 15,330 5,790
Page 1
Page 2
For the year ending 30 September 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
Miss Iona Macleod
Director
9 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
Iona Macleod Photography Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12185858 . The registered office is 85 Great Portland Street, London, W1W 7LT.
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.
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:
Computer Equipment 25% straight line
2.4. Financial Instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year or on demand are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss in other operating expenses.
Basic financial instruments are recognised at amortised cost using the effective interest method, except for investments in nonconvertible preference and non puttable ordinary shares which are measured at fair value, with changes recognised in the profit and loss. Derivative financial instruments are intially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Directors loans are recognised at transaction price.
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.
Page 3
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 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.
2.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 October 2024 9,805
Additions 2,469
As at 30 September 2025 12,274
...CONTINUED
Page 4
Page 5
Depreciation
As at 1 October 2024 6,108
Provided during the period 1,762
As at 30 September 2025 7,870
Net Book Value
As at 30 September 2025 4,404
As at 1 October 2024 3,697
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 12,265 9,465
Prepayments and accrued income 5,640 1,109
Other debtors 3,000 3,000
20,905 13,574
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 9,610 7,905
VAT 7,430 4,051
Accruals and deferred income 1,259 1,198
Director's loan account 1,789 4,894
20,088 18,048
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 5