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 04779531 Dr Kevin O'Sullivan Mr Michael Stevenson Mrs Shneen Stevenson Mrs Teresa O'sullivan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04779531 2024-03-31 04779531 2025-03-31 04779531 2024-04-01 2025-03-31 04779531 frs-core:CurrentFinancialInstruments 2025-03-31 04779531 frs-core:Non-currentFinancialInstruments 2025-03-31 04779531 frs-core:ComputerEquipment 2025-03-31 04779531 frs-core:ComputerEquipment 2024-04-01 2025-03-31 04779531 frs-core:ComputerEquipment 2024-03-31 04779531 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 04779531 frs-core:FurnitureFittings 2025-03-31 04779531 frs-core:FurnitureFittings 2024-04-01 2025-03-31 04779531 frs-core:FurnitureFittings 2024-03-31 04779531 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 04779531 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 04779531 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 04779531 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 04779531 frs-core:MotorVehicles 2025-03-31 04779531 frs-core:MotorVehicles 2024-04-01 2025-03-31 04779531 frs-core:MotorVehicles 2024-03-31 04779531 frs-core:OtherResidualIntangibleAssets 2025-03-31 04779531 frs-core:OtherResidualIntangibleAssets 2024-04-01 2025-03-31 04779531 frs-core:OtherResidualIntangibleAssets 2024-03-31 04779531 frs-core:PlantMachinery 2025-03-31 04779531 frs-core:PlantMachinery 2024-04-01 2025-03-31 04779531 frs-core:PlantMachinery 2024-03-31 04779531 frs-core:ShareCapital 2025-03-31 04779531 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 04779531 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04779531 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 04779531 frs-bus:SmallEntities 2024-04-01 2025-03-31 04779531 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 04779531 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04779531 frs-bus:Director1 2024-04-01 2025-03-31 04779531 frs-bus:Director2 2024-04-01 2025-03-31 04779531 frs-bus:Director3 2024-04-01 2025-03-31 04779531 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 04779531 frs-countries:EnglandWales 2024-04-01 2025-03-31 04779531 2023-03-31 04779531 2024-03-31 04779531 2023-04-01 2024-03-31 04779531 frs-core:CurrentFinancialInstruments 2024-03-31 04779531 frs-core:Non-currentFinancialInstruments 2024-03-31 04779531 frs-core:ShareCapital 2024-03-31 04779531 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 04779531
Aikmo Trading Limited
Financial Statements
For The Year Ended 31 March 2025
Longmire Consultants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04779531
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 42,083 47,083
Tangible Assets 5 467,279 489,804
509,362 536,887
CURRENT ASSETS
Stocks 6 580,041 566,449
Debtors 7 108,639 99,778
Cash at bank and in hand 158,562 98,070
847,242 764,297
Creditors: Amounts Falling Due Within One Year 8 (162,823 ) (71,147 )
NET CURRENT ASSETS (LIABILITIES) 684,419 693,150
TOTAL ASSETS LESS CURRENT LIABILITIES 1,193,781 1,230,037
Creditors: Amounts Falling Due After More Than One Year 9 (1,372,661 ) (1,479,188 )
NET LIABILITIES (178,880 ) (249,151 )
CAPITAL AND RESERVES
Called up share capital 10 405,000 405,000
Profit and Loss Account (583,880 ) (654,151 )
SHAREHOLDERS' FUNDS (178,880) (249,151)
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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
Mr Michael Stevenson
Director
Mrs Shneen Stevenson
Director
20/10/2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Aikmo Trading Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04779531 . The registered office is C/O Longmires, Paul House Stockport Road, Timperley, Altrincham, WA15 7UQ. The trading addresses are 101-103 New George St, Plymouth, PL1 1RQ and 40 Sidwell Street, Exeter, EX4 6NS and 34 Fleet Street, Torquay, TQ2 5DJ
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 acknowledge that the company is loss making and have net liabilities, however they do have net current assets and they received full support from their parent company.
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 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.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are amortiosed over 15 years.
2.5. 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:
Freehold No Depreciation
Leasehold 40 Years Straight Line
Plant & Machinery 20% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 10% Reducing Balance
Computer Equipment 3 Year Straight Line
2.6. 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.
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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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 26 (2024: 30)
26 30
4. Intangible Assets
Other
£
Cost
As at 1 April 2024 75,000
As at 31 March 2025 75,000
Amortisation
As at 1 April 2024 27,917
Provided during the period 5,000
As at 31 March 2025 32,917
Net Book Value
As at 31 March 2025 42,083
As at 1 April 2024 47,083
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 April 2024 185,713 212,220 13,100 377,438
Additions - - - 4,530
As at 31 March 2025 185,713 212,220 13,100 381,968
...CONTINUED
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Depreciation
As at 1 April 2024 13,928 196,436 10,109 78,194
Provided during the period 7,398 5,261 1,495 12,901
As at 31 March 2025 21,326 201,697 11,604 91,095
Net Book Value
As at 31 March 2025 164,387 10,523 1,496 290,873
As at 1 April 2024 171,785 15,784 2,991 299,244
Computer Equipment Total
£ £
Cost
As at 1 April 2024 35,066 823,537
Additions - 4,530
As at 31 March 2025 35,066 828,067
Depreciation
As at 1 April 2024 35,066 333,733
Provided during the period - 27,055
As at 31 March 2025 35,066 360,788
Net Book Value
As at 31 March 2025 - 467,279
As at 1 April 2024 - 489,804
6. Stocks
2025 2024
£ £
Finished goods 580,041 566,449
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 5,645 2,822
Prepayments and accrued income 49,494 23,695
Other debtors 53,500 57,600
Corporation tax recoverable assets - 15,661
108,639 99,778
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8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 40,246 19,831
Bank loans and overdrafts 8,240 10,000
Corporation tax 520 -
Other taxes and social security 23,438 14,423
VAT 30,861 17,899
Other creditors 24,903 8,994
Accruals and deferred income 34,615 -
162,823 71,147
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 9,372
Amounts owed to group undertakings 21,490 33,700
Amounts owed to related parties 1,351,171 1,436,116
1,372,661 1,479,188
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 405,000 405,000
11. Audit Information
The auditor's report on the accounts of Aikmo Trading Limited for the year ended 31 March 2025 was unqualified.
The auditor's report was signed by Statutory Auditor.
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