Acorah Software Products - Accounts Production 16.7.461 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 12104162 Mr M Shalkh Mr S J Norris Mr R M Suss Mr A Ekhase Mr W M Jeffreys De Winton Mr S D Ramchurn Mr S M Dodd Dentons Secretaries Ltd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12104162 2023-12-31 12104162 2024-12-31 12104162 2024-01-01 2024-12-31 12104162 frs-core:CurrentFinancialInstruments 2024-12-31 12104162 frs-core:ComputerEquipment 2024-12-31 12104162 frs-core:ComputerEquipment 2024-01-01 2024-12-31 12104162 frs-core:ComputerEquipment 2023-12-31 12104162 frs-core:FurnitureFittings 2024-12-31 12104162 frs-core:FurnitureFittings 2024-01-01 2024-12-31 12104162 frs-core:FurnitureFittings 2023-12-31 12104162 frs-core:OtherReservesSubtotal 2024-12-31 12104162 frs-core:SharePremium 2024-12-31 12104162 frs-core:ShareCapital 2024-12-31 12104162 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 12104162 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12104162 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 12104162 frs-bus:SmallEntities 2024-01-01 2024-12-31 12104162 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12104162 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12104162 frs-core:UnlistedNon-exchangeTraded 2024-12-31 12104162 frs-core:UnlistedNon-exchangeTraded 2023-12-31 12104162 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 12104162 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 12104162 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 12104162 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 12104162 frs-bus:Director1 2024-01-01 2024-12-31 12104162 frs-bus:Director1 2023-12-31 12104162 frs-bus:Director1 2024-12-31 12104162 frs-bus:Director2 2024-01-01 2024-12-31 12104162 frs-bus:Director3 2024-01-01 2024-12-31 12104162 frs-bus:Director4 2024-01-01 2024-12-31 12104162 frs-bus:Director5 2024-01-01 2024-12-31 12104162 frs-bus:Director6 2024-01-01 2024-12-31 12104162 frs-bus:Director7 2024-01-01 2024-12-31 12104162 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 12104162 frs-countries:EnglandWales 2024-01-01 2024-12-31 12104162 2022-12-31 12104162 2023-12-31 12104162 2023-01-01 2023-12-31 12104162 frs-core:CurrentFinancialInstruments 2023-12-31 12104162 frs-core:OtherReservesSubtotal 2023-12-31 12104162 frs-core:SharePremium 2023-12-31 12104162 frs-core:ShareCapital 2023-12-31 12104162 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 12104162
Empati Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Hayward Wright
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12104162
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,330 16,661
Investments 5 40,000 40,000
48,330 56,661
CURRENT ASSETS
Debtors 6 1,179,865 1,118,809
Cash at bank and in hand 1,080 260,776
1,180,945 1,379,585
Creditors: Amounts Falling Due Within One Year 7 (1,027,509 ) (258,640 )
NET CURRENT ASSETS (LIABILITIES) 153,436 1,120,945
TOTAL ASSETS LESS CURRENT LIABILITIES 201,766 1,177,606
NET ASSETS 201,766 1,177,606
CAPITAL AND RESERVES
Called up share capital 8 104 104
Share premium account 12,399,973 12,399,973
Other reserves 650,000 650,000
Profit and Loss Account (12,848,311 ) (11,872,471 )
SHAREHOLDERS' FUNDS 201,766 1,177,606
Page 1
Page 2
For the year ending 31 December 2024 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 S M Dodd
Director
15 December 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Empati Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12104162 . The registered office is 1 Fleet Place, London, EC4M 7WS.
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:
Fixtures & Fittings 4 years straight line
Computer Equipment 4 years straight line
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2023: 10)
10 10
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 8,047 8,614 16,661
As at 31 December 2024 8,047 8,614 16,661
Depreciation
As at 1 January 2024 - - -
Provided during the period 4,024 4,307 8,331
As at 31 December 2024 4,024 4,307 8,331
Net Book Value
As at 31 December 2024 4,023 4,307 8,330
As at 1 January 2024 8,047 8,614 16,661
Page 3
Page 4
5. Investments
Unlisted
£
Cost or Valuation
As at 1 January 2024 40,000
As at 31 December 2024 40,000
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 40,000
As at 1 January 2024 40,000
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 191,620 130,564
Due after more than one year
Amounts owed by group undertakings 988,245 988,245
1,179,865 1,118,809
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 289,619 195,481
Other creditors 633,840 63,159
Taxation and social security 104,050 -
1,027,509 258,640
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 104 104
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Stewart Dodd 32,751 104,982 28,184 - 109,549
The above loan is unsecured, interest free and repayable on demand.
Page 4