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 07977737 Mr E De Almeida Lima Filho Ms Miraphora Mina iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07977737 2024-03-31 07977737 2025-03-31 07977737 2024-04-01 2025-03-31 07977737 frs-core:CurrentFinancialInstruments 2025-03-31 07977737 frs-core:Non-currentFinancialInstruments 2025-03-31 07977737 frs-core:BetweenOneFiveYears 2025-03-31 07977737 frs-core:ComputerEquipment 2025-03-31 07977737 frs-core:ComputerEquipment 2024-04-01 2025-03-31 07977737 frs-core:ComputerEquipment 2024-03-31 07977737 frs-core:FurnitureFittings 2025-03-31 07977737 frs-core:FurnitureFittings 2024-04-01 2025-03-31 07977737 frs-core:FurnitureFittings 2024-03-31 07977737 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 07977737 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 07977737 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 07977737 frs-core:MotorVehicles 2025-03-31 07977737 frs-core:MotorVehicles 2024-04-01 2025-03-31 07977737 frs-core:MotorVehicles 2024-03-31 07977737 frs-core:PlantMachinery 2025-03-31 07977737 frs-core:PlantMachinery 2024-04-01 2025-03-31 07977737 frs-core:PlantMachinery 2024-03-31 07977737 frs-core:WithinOneYear 2025-03-31 07977737 frs-core:ShareCapital 2025-03-31 07977737 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07977737 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07977737 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 07977737 frs-bus:SmallEntities 2024-04-01 2025-03-31 07977737 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07977737 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07977737 frs-core:CostValuation 2024-03-31 07977737 frs-core:AdditionsToInvestments 2025-03-31 07977737 frs-core:CostValuation 2025-03-31 07977737 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 07977737 frs-core:ProvisionsForImpairmentInvestments 2025-03-31 07977737 frs-bus:Director1 2024-04-01 2025-03-31 07977737 frs-bus:Director1 2024-03-31 07977737 frs-bus:Director1 2025-03-31 07977737 frs-bus:Director2 2024-04-01 2025-03-31 07977737 frs-core:CurrentFinancialInstruments 1 2025-03-31 07977737 frs-core:CurrentFinancialInstruments 3 2025-03-31 07977737 frs-core:CurrentFinancialInstruments 5 2025-03-31 07977737 frs-countries:EnglandWales 2024-04-01 2025-03-31 07977737 2023-03-31 07977737 2024-03-31 07977737 2023-04-01 2024-03-31 07977737 frs-core:CurrentFinancialInstruments 2024-03-31 07977737 frs-core:Non-currentFinancialInstruments 2024-03-31 07977737 frs-core:BetweenOneFiveYears 2024-03-31 07977737 frs-core:WithinOneYear 2024-03-31 07977737 frs-core:ShareCapital 2024-03-31 07977737 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07977737 frs-core:CurrentFinancialInstruments 1 2024-03-31 07977737 frs-core:CurrentFinancialInstruments 3 2024-03-31 07977737 frs-core:CurrentFinancialInstruments 5 2024-03-31
Registered number: 07977737
The Art Printorium Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Desaur and Co Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 07977737
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 92,394 121,621
Investments 5 2,550 -
94,944 121,621
CURRENT ASSETS
Stocks 6 708,289 714,972
Debtors 7 1,468,184 1,514,984
Cash at bank and in hand 348,892 308,138
2,525,365 2,538,094
Creditors: Amounts Falling Due Within One Year 8 (972,017 ) (1,158,160 )
NET CURRENT ASSETS (LIABILITIES) 1,553,348 1,379,934
TOTAL ASSETS LESS CURRENT LIABILITIES 1,648,292 1,501,555
Creditors: Amounts Falling Due After More Than One Year 9 - (24,793 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (22,101 ) (22,101 )
NET ASSETS 1,626,191 1,454,661
CAPITAL AND RESERVES
Called up share capital 11 2 2
Profit and Loss Account 1,626,189 1,454,659
SHAREHOLDERS' FUNDS 1,626,191 1,454,661
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
Mr E De Almeida Lima Filho
Director
Ms Miraphora Mina
Director
23/12/2025
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Art Printorium Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07977737 . The registered office is 17 Station Road, Sunbury-on-Thames, TW16 6SB. The business address of the company is 2-6 Wades Lane, Teddington, TW11 8HF.
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 from the rendering of services is recognised when the price is agreed in a contract, there is evidence of the agreement, the services are completed or completed to the agreed stage of completion of the contract and the amount is collectable. 
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 Over the term of the lease
Plant & Machinery 25% Reducing balance method
Motor Vehicles 25% Reducing balance method
Fixtures & Fittings 20% Reducing balance method
Computer Equipment 25% Straight line method
2.4. Leasing and Hire Purchase Contracts
Rentals payable under opertaing leases, including and lease incentives received, are charged to profit and loss on a straight line basis over the term of the relevant lease.

Property, plant and equipment acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other tangible fixed assets. The related obligations, net of future finance charges,are included in creditors.
2.5. 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.
2.6. Financial Instruments
The company has elected to apply the provision of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and cash and bank balances.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company.
2.7. 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.
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2.8. 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 year 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 asset reflects 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 43 (2024: 42)
43 42
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 April 2024 - 43,782 30,765 71,866
Additions 12,384 13,382 - 1,402
Disposals - (9,246 ) (30,765 ) (20,307 )
As at 31 March 2025 12,384 47,918 - 52,961
Depreciation
As at 1 April 2024 - 26,149 16,704 32,395
Provided during the period 7,015 5,039 879 8,056
Disposals - (6,384 ) (17,583 ) (17,714 )
As at 31 March 2025 7,015 24,804 - 22,737
Net Book Value
As at 31 March 2025 5,369 23,114 - 30,224
As at 1 April 2024 - 17,633 14,061 39,471
Page 4
Page 5
Computer Equipment Total
£ £
Cost
As at 1 April 2024 103,642 250,055
Additions 5,190 32,358
Disposals (19,259 ) (79,577 )
As at 31 March 2025 89,573 202,836
Depreciation
As at 1 April 2024 53,186 128,434
Provided during the period 21,959 42,948
Disposals (19,259 ) (60,940 )
As at 31 March 2025 55,886 110,442
Net Book Value
As at 31 March 2025 33,687 92,394
As at 1 April 2024 50,456 121,621
5. Investments
Subsidiaries
£
Cost or Valuation
As at 1 April 2024 -
Additions 2,550
As at 31 March 2025 2,550
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 2,550
As at 1 April 2024 -
6. Stocks
2025 2024
£ £
Finished goods 708,289 714,972
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Page 6
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 610,975 627,332
Prepayments and accrued income 123,908 51,438
Other debtors 23,080 22,770
Other debtors (Debtors < 1 year) 251,019 207,649
Corporation tax recoverable assets 151,010 151,010
VAT - 7,349
Directors' loan accounts 214,917 447,436
Amounts owed by subsidiaries 93,275 -
1,468,184 1,514,984
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 16,970
Trade creditors 572,914 561,601
Bank loans and overdrafts 24,793 69,582
Corporation tax 80,753 103,077
Other taxes and social security (Current liabilities - creditors < 1 year) 39,904 40,516
VAT 10,068 -
Other creditors -creditors < 1 year 73,707 83,634
Other creditors (5) (Current liabilities - creditors < 1 year) 4,790 4,309
Accruals and deferred income 165,088 264,675
Directors' loan accounts - 13,796
972,017 1,158,160
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other loans (Long term liabilities - creditors > 1 year)-FC - 24,793
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 16,970
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
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12. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 34,500 31,625
Later than one year and not later than five years 66,125 -
100,625 31,625
13. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr E De Almeida Lima Filho 447,436 - 232,519 - 214,917
The above loan is unsecured, interest payable at 2.25% and repayable on demand.
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