Acorah Software Products - Accounts Production 16.7.461 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 06525835 Mr Colin Judd Mr Arran Wood iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06525835 2024-03-31 06525835 2025-03-31 06525835 2024-04-01 2025-03-31 06525835 frs-core:CurrentFinancialInstruments 2025-03-31 06525835 frs-core:Non-currentFinancialInstruments 2025-03-31 06525835 frs-core:BetweenOneFiveYears 2025-03-31 06525835 frs-core:ComputerEquipment 2025-03-31 06525835 frs-core:ComputerEquipment 2024-04-01 2025-03-31 06525835 frs-core:ComputerEquipment 2024-03-31 06525835 frs-core:NetGoodwill 2025-03-31 06525835 frs-core:NetGoodwill 2024-04-01 2025-03-31 06525835 frs-core:NetGoodwill 2024-03-31 06525835 frs-core:MotorVehicles 2025-03-31 06525835 frs-core:MotorVehicles 2024-04-01 2025-03-31 06525835 frs-core:MotorVehicles 2024-03-31 06525835 frs-core:WithinOneYear 2025-03-31 06525835 frs-core:ShareCapital 2025-03-31 06525835 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 06525835 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06525835 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 06525835 frs-bus:SmallEntities 2024-04-01 2025-03-31 06525835 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06525835 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06525835 frs-bus:Director1 2024-04-01 2025-03-31 06525835 frs-bus:Director2 2024-04-01 2025-03-31 06525835 frs-countries:EnglandWales 2024-04-01 2025-03-31 06525835 2023-03-31 06525835 2024-03-31 06525835 2023-04-01 2024-03-31 06525835 frs-core:CurrentFinancialInstruments 2024-03-31 06525835 frs-core:Non-currentFinancialInstruments 2024-03-31 06525835 frs-core:BetweenOneFiveYears 2024-03-31 06525835 frs-core:WithinOneYear 2024-03-31 06525835 frs-core:ShareCapital 2024-03-31 06525835 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 06525835
Arracol Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Watson Knipe Ltd
10 Milton Court
Ravenshead
Nottingham
NG15 9BD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06525835
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 36,000 36,000
Tangible Assets 5 140,063 61,720
176,063 97,720
CURRENT ASSETS
Debtors 6 93,046 171,222
Cash at bank and in hand 8,828 15,751
101,874 186,973
Creditors: Amounts Falling Due Within One Year 7 (95,607 ) (156,776 )
NET CURRENT ASSETS (LIABILITIES) 6,267 30,197
TOTAL ASSETS LESS CURRENT LIABILITIES 182,330 127,917
Creditors: Amounts Falling Due After More Than One Year 8 (98,999 ) (47,242 )
NET ASSETS 83,331 80,675
CAPITAL AND RESERVES
Called up share capital 10 200 200
Profit and Loss Account 83,131 80,475
SHAREHOLDERS' FUNDS 83,331 80,675
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 Arran Wood
Director
22/12/2025
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
Arracol Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06525835 . The registered office is 10 Milton Court, Ravenshead, Nottingham, NG15 9BD.
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.
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.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
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:
Motor Vehicles 25% Straight line
Computer Equipment 33% Straight line
2.5. 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.
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2.6. 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: 11 (2024: 10)
11 10
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 36,000
As at 31 March 2025 36,000
Net Book Value
As at 31 March 2025 36,000
As at 1 April 2024 36,000
5. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 166,585 11,029 177,614
Additions 113,525 1,917 115,442
Disposals (67,731 ) - (67,731 )
As at 31 March 2025 212,379 12,946 225,325
Depreciation
As at 1 April 2024 105,442 10,452 115,894
Provided during the period 26,449 1,216 27,665
Disposals (58,297 ) - (58,297 )
As at 31 March 2025 73,594 11,668 85,262
...CONTINUED
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Page 5
Net Book Value
As at 31 March 2025 138,785 1,278 140,063
As at 1 April 2024 61,143 577 61,720
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 88,589 166,765
Other debtors 4,457 4,457
93,046 171,222
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 18,809 33,289
Trade creditors 26,849 43,104
Other creditors 2,917 4,784
Taxation and social security 47,032 75,599
95,607 156,776
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 86,499 24,742
Bank loans 12,500 22,500
98,999 47,242
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 18,809 33,289
Later than one year and not later than five years 86,499 24,742
105,308 58,031
105,308 58,031
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 200 200
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