Acorah Software Products - Accounts Production 16.8.200 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 08270737 Ms Susana Rodriguez Ms Maria Rodrigues Vazquez iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08270737 2024-03-31 08270737 2025-03-31 08270737 2024-04-01 2025-03-31 08270737 frs-core:CurrentFinancialInstruments 2025-03-31 08270737 frs-core:Non-currentFinancialInstruments 2025-03-31 08270737 frs-core:ComputerEquipment 2025-03-31 08270737 frs-core:ComputerEquipment 2024-04-01 2025-03-31 08270737 frs-core:ComputerEquipment 2024-03-31 08270737 frs-core:FurnitureFittings 2025-03-31 08270737 frs-core:FurnitureFittings 2024-04-01 2025-03-31 08270737 frs-core:FurnitureFittings 2024-03-31 08270737 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 08270737 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 08270737 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 08270737 frs-core:MotorVehicles 2025-03-31 08270737 frs-core:MotorVehicles 2024-04-01 2025-03-31 08270737 frs-core:MotorVehicles 2024-03-31 08270737 frs-core:PlantMachinery 2025-03-31 08270737 frs-core:PlantMachinery 2024-04-01 2025-03-31 08270737 frs-core:PlantMachinery 2024-03-31 08270737 frs-core:ShareCapital 2025-03-31 08270737 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08270737 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08270737 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 08270737 frs-bus:SmallEntities 2024-04-01 2025-03-31 08270737 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08270737 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08270737 frs-bus:Director1 2024-04-01 2025-03-31 08270737 frs-bus:Director2 2024-04-01 2025-03-31 08270737 frs-countries:EnglandWales 2024-04-01 2025-03-31 08270737 2023-03-31 08270737 2024-03-31 08270737 2023-04-01 2024-03-31 08270737 frs-core:CurrentFinancialInstruments 2024-03-31 08270737 frs-core:Non-currentFinancialInstruments 2024-03-31 08270737 frs-core:ShareCapital 2024-03-31 08270737 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 08270737
Fabric (EU) Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08270737
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 31,116 32,484
31,116 32,484
CURRENT ASSETS
Debtors 5 206,086 395,771
Cash at bank and in hand 26,395 107,337
232,481 503,108
Creditors: Amounts Falling Due Within One Year 6 (174,924 ) (250,234 )
NET CURRENT ASSETS (LIABILITIES) 57,557 252,874
TOTAL ASSETS LESS CURRENT LIABILITIES 88,673 285,358
Creditors: Amounts Falling Due After More Than One Year 7 (319,670 ) (178,581 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (7,779 ) (7,882 )
NET (LIABILITIES)/ASSETS (238,776 ) 98,895
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account (238,778 ) 98,893
SHAREHOLDERS' FUNDS (238,776) 98,895
Page 1
Page 2
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
Ms Susana Rodriguez
Director
23/12/2025
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
Fabric (EU) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08270737 . The registered office is The Old Barn, Off Wood Street, Swanley Village, Kent, BR8 7PA.
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.
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:
Leasehold 20% on straight line
Plant & Machinery 15% on reducing basis
Motor Vehicles 15% on reducing basis
Fixtures & Fittings 15% on reducing basis
Computer Equipment 15% on reducing basis
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. 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 in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
...CONTINUED
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2.5. Taxation - continued
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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: 12 (2024: 14)
12 14
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 April 2024 37,762 2,267 2,000 10,131
Additions - - - -
As at 31 March 2025 37,762 2,267 2,000 10,131
Depreciation
As at 1 April 2024 37,762 1,740 1,665 5,834
Provided during the period - 79 50 644
As at 31 March 2025 37,762 1,819 1,715 6,478
Net Book Value
As at 31 March 2025 - 448 285 3,653
As at 1 April 2024 - 527 335 4,297
Computer Equipment Total
£ £
Cost
As at 1 April 2024 68,623 120,783
Additions 4,121 4,121
As at 31 March 2025 72,744 124,904
Depreciation
As at 1 April 2024 41,298 88,299
Provided during the period 4,716 5,489
As at 31 March 2025 46,014 93,788
...CONTINUED
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Net Book Value
As at 31 March 2025 26,730 31,116
As at 1 April 2024 27,325 32,484
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 171,052 304,305
Prepayments and accrued income 27,534 83,966
Other debtors 7,500 7,500
206,086 395,771
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 3,802 5,707
Bank loans and overdrafts 93,050 41,776
Corporation tax - 33,837
Other taxes and social security 21,522 6,962
VAT 34,896 111,067
Other creditors 578 523
Directors' loan accounts 21,076 50,362
174,924 250,234
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 319,670 178,581
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
10. Related Party Transactions
Included in the other creditors is an amount of £50,362 (2023 - £13,120 debtor) owed to the director Ms M Rodriguez, no repayment terms have been set and no interest is to be charged. 
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