Acorah Software Products - Accounts Production 16.6.950 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 11730020 Mr Philip Beattie Ms Laura Moss Mr James Lund Mr Mike Turpin Mr Tavis Harvey Mr Luke McCaughan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11730020 2024-03-31 11730020 2025-03-31 11730020 2024-04-01 2025-03-31 11730020 frs-core:CurrentFinancialInstruments 2025-03-31 11730020 frs-core:Non-currentFinancialInstruments 2025-03-31 11730020 frs-core:ComputerEquipment 2025-03-31 11730020 frs-core:ComputerEquipment 2024-04-01 2025-03-31 11730020 frs-core:ComputerEquipment 2024-03-31 11730020 frs-core:FurnitureFittings 2025-03-31 11730020 frs-core:FurnitureFittings 2024-04-01 2025-03-31 11730020 frs-core:FurnitureFittings 2024-03-31 11730020 frs-core:SharePremium 2025-03-31 11730020 frs-core:ShareCapital 2025-03-31 11730020 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 11730020 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11730020 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 11730020 frs-bus:SmallEntities 2024-04-01 2025-03-31 11730020 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11730020 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11730020 frs-bus:OrdinaryShareClass2 2024-04-01 2025-03-31 11730020 frs-bus:OrdinaryShareClass2 2025-03-31 11730020 frs-bus:OrdinaryShareClass3 2024-04-01 2025-03-31 11730020 frs-bus:OrdinaryShareClass3 2025-03-31 11730020 frs-bus:Director1 2024-04-01 2025-03-31 11730020 frs-bus:Director2 2024-04-01 2025-03-31 11730020 frs-bus:Director3 2024-04-01 2025-03-31 11730020 frs-bus:Director4 2024-04-01 2025-03-31 11730020 frs-bus:Director5 2024-04-01 2025-03-31 11730020 frs-bus:Director6 2024-04-01 2025-03-31 11730020 frs-countries:EnglandWales 2024-04-01 2025-03-31 11730020 2023-03-31 11730020 2024-03-31 11730020 2023-04-01 2024-03-31 11730020 frs-core:CurrentFinancialInstruments 2024-03-31 11730020 frs-core:Non-currentFinancialInstruments 2024-03-31 11730020 frs-core:SharePremium 2024-03-31 11730020 frs-core:ShareCapital 2024-03-31 11730020 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11730020 frs-bus:OrdinaryShareClass2 2023-04-01 2024-03-31 11730020 frs-bus:OrdinaryShareClass3 2023-04-01 2024-03-31
Registered number: 11730020
Luxury Coastal Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 11730020
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 32,388 41,214
32,388 41,214
CURRENT ASSETS
Debtors 5 84,073 81,620
Cash at bank and in hand 1,043,696 916,624
1,127,769 998,244
Creditors: Amounts Falling Due Within One Year 6 (1,100,921 ) (1,010,804 )
NET CURRENT ASSETS (LIABILITIES) 26,848 (12,560 )
TOTAL ASSETS LESS CURRENT LIABILITIES 59,236 28,654
Creditors: Amounts Falling Due After More Than One Year 7 (1,367 ) (9,567 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,623 ) (6,300 )
NET ASSETS 53,246 12,787
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Share premium account 149,000 136,000
Profit and Loss Account (96,754 ) (124,213 )
SHAREHOLDERS' FUNDS 53,246 12,787
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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.
Signed and approved by the Director on behalf of the board on 17 December 2025:
Mr Philip Beattie
Director
17/12/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Luxury Coastal Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11730020 . The registered office is Unit 9 Mulberry Court, Lustleigh Close, Marsh Barton Trading Estate, Exeter, Devon, EX2 8PW.
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. Going Concern Disclosure
The directors have assessed the Balance Sheet Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the Financial Statements.
2.3. 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 supply of services represents the value of services provided under contracts to the extent that there is a right to the consideration and is recorded at the amount received or receivable.
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:
Fixtures & Fittings Straight Line - 5 Years
Computer Equipment Straight Line - 5 Years
2.5. Financial Instruments
Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instruments.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
2.6. Foreign Currencies
The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

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.
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2.7. 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.
2.8. Pensions
The Company operates a defined contributions scheme for its employees and directors. The assets of the scheme are held separately from those of the Company in an independently administered fund. The contributions are recognised as an expense in the profit or loss when they fall due. Amounts not paid at the Balance Sheet date are included within creditors.
2.9. Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
2.10. Debtors
Trade and other debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
2.11. Creditors
Trade and other creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 15 (2024: 18)
15 18
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 14,097 57,321 71,418
Additions - 3,560 3,560
As at 31 March 2025 14,097 60,881 74,978
...CONTINUED
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Depreciation
As at 1 April 2024 7,281 22,923 30,204
Provided during the period 2,703 9,683 12,386
As at 31 March 2025 9,984 32,606 42,590
Net Book Value
As at 31 March 2025 4,113 28,275 32,388
As at 1 April 2024 6,816 34,398 41,214
5. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 82,512 74,951
Other debtors 1,561 6,669
84,073 81,620
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 22,642 13,927
Bank loans and overdrafts 8,200 8,200
Corporation tax 288 -
Other taxes and social security 11,082 12,990
VAT 114,392 71,855
Other creditors 774,165 775,098
Accruals and deferred income 170,152 128,734
1,100,921 1,010,804
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans and overdrafts 1,367 9,567
8. Share Capital
2025 2024
Allotted, called up and fully paid £ £
750 Ordinary A shares of £ 1.000 each 750 750
250 Ordinary B shares of £ 1.000 each 250 250
1,000 1,000
9. Pension Commitments
The Company pays contributions into a defined contributions scheme for its employees and directors. The pension cost charge represents contributions payable by the Company into these schemes and amounted to £9,576 (2024: £10,015). Contributions of £1,645 (2024: £1,873) were payable at the reporting date within other creditors.
10. Bank Loan
The bank loan outstanding of £9,567 is the balance from a bounce back loan of £41,000, repayable over 6 years, with a first year repayment holiday.
Interest is fixed rate at 2.5% per annum. No security has been given against the loan.
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