Acorah Software Products - Accounts Production 16.7.461 false true false 1 April 2024 31 March 2025 31 March 2025 13429241 Dr Thomas Bannan Professor James Evans Dr David Topping iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13429241 2024-03-31 13429241 2025-03-31 13429241 2024-04-01 2025-03-31 13429241 frs-core:CurrentFinancialInstruments 2025-03-31 13429241 frs-core:ComputerEquipment 2025-03-31 13429241 frs-core:ComputerEquipment 2024-04-01 2025-03-31 13429241 frs-core:ComputerEquipment 2024-03-31 13429241 frs-core:NetGoodwill 2025-03-31 13429241 frs-core:NetGoodwill 2024-04-01 2025-03-31 13429241 frs-core:NetGoodwill 2024-03-31 13429241 frs-core:PlantMachinery 2025-03-31 13429241 frs-core:PlantMachinery 2024-04-01 2025-03-31 13429241 frs-core:PlantMachinery 2024-03-31 13429241 frs-core:SharePremium 2025-03-31 13429241 frs-core:ShareCapital 2025-03-31 13429241 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 13429241 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13429241 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 13429241 frs-bus:SmallEntities 2024-04-01 2025-03-31 13429241 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 13429241 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 13429241 frs-bus:Director1 2024-04-01 2025-03-31 13429241 frs-bus:Director2 2024-04-01 2025-03-31 13429241 frs-bus:Director3 2024-04-01 2025-03-31 13429241 frs-countries:EnglandWales 2024-04-01 2025-03-31
Registered number: 13429241
Urban 360 Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
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Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13429241
2025
Notes £ £
FIXED ASSETS
Intangible Assets 4 300,000
Tangible Assets 5 44,219
344,219
CURRENT ASSETS
Debtors 6 364
Cash at bank and in hand 25,773
26,137
Creditors: Amounts Falling Due Within One Year 7 (9,434 )
NET CURRENT ASSETS (LIABILITIES) 16,703
TOTAL ASSETS LESS CURRENT LIABILITIES 360,922
NET ASSETS 360,922
CAPITAL AND RESERVES
Called up share capital 8 1,266
Share premium account 362,022
Profit and Loss Account (2,366 )
SHAREHOLDERS' FUNDS 360,922
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 Thomas Bannan
Director
15/12/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Urban 360 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13429241 . The registered office is International House, 61 Mosley Street, Manchester, M2 3HZ.
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 the profit and loss account over its estimated economic life of .... 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 25% WDV
Computer Equipment 33% SLM
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5
5
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 -
Additions 300,000
As at 31 March 2025 300,000
Net Book Value
As at 31 March 2025 300,000
As at 1 April 2024 -
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5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 48,051 958 49,009
As at 31 March 2025 48,051 958 49,009
Depreciation
As at 1 April 2024 2,271 180 2,451
Provided during the period 2,159 180 2,339
As at 31 March 2025 4,430 360 4,790
Net Book Value
As at 31 March 2025 43,621 598 44,219
As at 1 April 2024 45,780 778 46,558
6. Debtors
2025
£
Due within one year
Trade debtors 364
7. Creditors: Amounts Falling Due Within One Year
2025
£
Other creditors 7,374
Taxation and social security 2,060
9,434
8. Share Capital
2025
£
Allotted, Called up and fully paid 1,266
Page 3