Acorah Software Products - Accounts Production 16.6.950 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 10040043 J J Levy R A Parker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10040043 2024-03-31 10040043 2025-03-31 10040043 2024-04-01 2025-03-31 10040043 frs-core:CurrentFinancialInstruments 2025-03-31 10040043 frs-core:Non-currentFinancialInstruments 2025-03-31 10040043 frs-core:FurnitureFittings 2024-04-01 2025-03-31 10040043 frs-core:ShareCapital 2025-03-31 10040043 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10040043 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10040043 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10040043 frs-bus:SmallEntities 2024-04-01 2025-03-31 10040043 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10040043 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10040043 frs-bus:Director1 2024-04-01 2025-03-31 10040043 frs-bus:Director2 2024-04-01 2025-03-31 10040043 frs-countries:EnglandWales 2024-04-01 2025-03-31 10040043 2023-03-31 10040043 2024-03-31 10040043 2023-04-01 2024-03-31 10040043 frs-core:CurrentFinancialInstruments 2024-03-31 10040043 frs-core:Non-currentFinancialInstruments 2024-03-31 10040043 frs-core:ShareCapital 2024-03-31 10040043 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 10040043
Abode Nugent Street Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Sturgess Hutchinson
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10040043
2025 2024
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Stocks 4 2,055,547 2,055,547
Debtors 5 452,657 448,096
Cash at bank and in hand 24,339 59,463
2,532,543 2,563,106
Creditors: Amounts Falling Due Within One Year 6 (817,104 ) (852,608 )
NET CURRENT ASSETS (LIABILITIES) 1,715,439 1,710,498
TOTAL ASSETS LESS CURRENT LIABILITIES 1,715,439 1,710,498
Creditors: Amounts Falling Due After More Than One Year 7 (1,464,050 ) (1,505,524 )
NET ASSETS 251,389 204,974
CAPITAL AND RESERVES
Called up share capital 8 10 10
Profit and Loss Account 251,379 204,964
SHAREHOLDERS' FUNDS 251,389 204,974
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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.
On behalf of the board
J J Levy
Director
R A Parker
Director
23/12/2025
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
Abode Nugent Street Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10040043 . The registered office is 150a St Nicholas Circle, Leicester, LE1 4JJ.
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. 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 20% on straight line basis
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.4. 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 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Stocks
2025 2024
£ £
Work in progress 2,055,547 2,055,547
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 24,169 18,828
Other debtors 428,488 429,268
452,657 448,096
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 40,375 47,174
Bank loans and overdrafts 36,600 31,726
Amounts owed to group undertakings 728,834 763,248
Other creditors 11,295 10,460
817,104 852,608
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 1,464,050 1,505,524
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10 10
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