Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 09867985 Mr Robert Clarke Mr Leigh Hayes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09867985 2024-03-31 09867985 2025-03-31 09867985 2024-04-01 2025-03-31 09867985 frs-core:CurrentFinancialInstruments 2025-03-31 09867985 frs-core:Non-currentFinancialInstruments 2025-03-31 09867985 frs-core:ComputerEquipment 2025-03-31 09867985 frs-core:ComputerEquipment 2024-04-01 2025-03-31 09867985 frs-core:ComputerEquipment 2024-03-31 09867985 frs-core:FurnitureFittings 2025-03-31 09867985 frs-core:FurnitureFittings 2024-04-01 2025-03-31 09867985 frs-core:FurnitureFittings 2024-03-31 09867985 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 09867985 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 09867985 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 09867985 frs-core:MotorVehicles 2024-04-01 2025-03-31 09867985 frs-core:PlantMachinery 2025-03-31 09867985 frs-core:PlantMachinery 2024-04-01 2025-03-31 09867985 frs-core:PlantMachinery 2024-03-31 09867985 frs-core:ShareCapital 2025-03-31 09867985 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 09867985 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09867985 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 09867985 frs-bus:SmallEntities 2024-04-01 2025-03-31 09867985 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09867985 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09867985 frs-bus:Director1 2024-04-01 2025-03-31 09867985 frs-bus:Director2 2024-04-01 2025-03-31 09867985 frs-core:CurrentFinancialInstruments 1 2025-03-31 09867985 frs-countries:EnglandWales 2024-04-01 2025-03-31 09867985 2023-03-31 09867985 2024-03-31 09867985 2023-04-01 2024-03-31 09867985 frs-core:CurrentFinancialInstruments 2024-03-31 09867985 frs-core:Non-currentFinancialInstruments 2024-03-31 09867985 frs-core:ShareCapital 2024-03-31 09867985 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09867985 frs-core:CurrentFinancialInstruments 1 2024-03-31
Registered number: 09867985
Redway Networks Ltd
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: 09867985
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 16,597 23,652
16,597 23,652
CURRENT ASSETS
Stocks 5 1,580 636
Debtors 6 322,377 661,299
Cash at bank and in hand 44,260 273,778
368,217 935,713
Creditors: Amounts Falling Due Within One Year 7 (360,912 ) (838,819 )
NET CURRENT ASSETS (LIABILITIES) 7,305 96,894
TOTAL ASSETS LESS CURRENT LIABILITIES 23,902 120,546
Creditors: Amounts Falling Due After More Than One Year 8 (6,431 ) (16,585 )
NET ASSETS 17,471 103,961
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 17,371 103,861
SHAREHOLDERS' FUNDS 17,471 103,961
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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 Leigh Hayes
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
Redway Networks Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09867985 . The registered office is Aurora House, Deltic Avenue, Milton Keynes, MK13 8LW.
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 provision 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 have transferred to the buyer, usually on delivery of the goods.
Professional services
Turnover from the provision of professional services for surveying,installation and configuration work is recognised when the customer confirms that the work has been completed satisfactorily. Where the company's consultants provide ongoing support under maintenance contracts, turnover is recognised on a percentage completion basis, taking into account the actual and projected costs of fulfilling the contract.



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 5 years straight line basis
Plant & Machinery 3 years straight line basis
Motor Vehicles 2 years straight line basis
Fixtures & Fittings 3 years straight line basis
Computer Equipment 3 years straight line basis
2.4. 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.
2.5. 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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2.6. 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 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: 9 (2024: 11)
9 11
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 3,341 - 17,908 39,190 60,439
Additions - 950 299 6,461 7,710
As at 31 March 2025 3,341 950 18,207 45,651 68,149
Depreciation
As at 1 April 2024 1,763 - 6,339 28,685 36,787
Provided during the period 1,114 791 5,291 7,569 14,765
As at 31 March 2025 2,877 791 11,630 36,254 51,552
Net Book Value
As at 31 March 2025 464 159 6,577 9,397 16,597
As at 1 April 2024 1,578 - 11,569 10,505 23,652
5. Stocks
2025 2024
£ £
Finished goods 1,580 636
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 256,500 622,090
Prepayments and accrued income 38,965 39,209
Corporation tax recoverable assets 26,912 -
322,377 661,299
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 136,666 591,610
Bank loans and overdrafts 10,000 10,000
Other loans 40,000 20,000
Corporation tax - 33,250
Other taxes and social security 8,763 15,986
VAT 19,963 17,594
Other creditors 2,565 3,830
Amount owed to Director 110,000 110,000
Accruals and deferred income 32,955 36,549
360,912 838,819
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 6,431 16,585
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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