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 08990192 Mr Paul Layte Mr Luke Streeter Mr Alexis Pegley true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08990192 2024-03-31 08990192 2025-03-31 08990192 2024-04-01 2025-03-31 08990192 frs-core:CurrentFinancialInstruments 2025-03-31 08990192 frs-core:Non-currentFinancialInstruments 2025-03-31 08990192 frs-core:ComputerEquipment 2025-03-31 08990192 frs-core:ComputerEquipment 2024-04-01 2025-03-31 08990192 frs-core:ComputerEquipment 2024-03-31 08990192 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 08990192 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 08990192 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 08990192 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 08990192 frs-core:OtherResidualIntangibleAssets 2025-03-31 08990192 frs-core:OtherResidualIntangibleAssets 2024-04-01 2025-03-31 08990192 frs-core:OtherResidualIntangibleAssets 2024-03-31 08990192 frs-core:PlantMachinery 2025-03-31 08990192 frs-core:PlantMachinery 2024-04-01 2025-03-31 08990192 frs-core:PlantMachinery 2024-03-31 08990192 frs-core:ShareCapital 2025-03-31 08990192 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08990192 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08990192 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 08990192 frs-bus:SmallEntities 2024-04-01 2025-03-31 08990192 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08990192 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08990192 1 2024-04-01 2025-03-31 08990192 frs-bus:Director1 2024-04-01 2025-03-31 08990192 frs-bus:Director2 2024-04-01 2025-03-31 08990192 frs-bus:Director3 2024-04-01 2025-03-31 08990192 frs-countries:EnglandWales 2024-04-01 2025-03-31 08990192 2023-03-31 08990192 2024-03-31 08990192 2023-04-01 2024-03-31 08990192 frs-core:CurrentFinancialInstruments 2024-03-31 08990192 frs-core:Non-currentFinancialInstruments 2024-03-31 08990192 frs-core:ShareCapital 2024-03-31 08990192 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 08990192
Ascendant Accountants Limited
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: 08990192
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 81,183 34,044
Tangible Assets 5 12,124 61,981
93,307 96,025
CURRENT ASSETS
Debtors 6 418,761 172,195
Cash at bank and in hand 305,629 625,987
724,390 798,182
Creditors: Amounts Falling Due Within One Year 7 (546,681 ) (262,728 )
NET CURRENT ASSETS (LIABILITIES) 177,709 535,454
TOTAL ASSETS LESS CURRENT LIABILITIES 271,016 631,479
Creditors: Amounts Falling Due After More Than One Year 8 (2,933 ) (12,932 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (23,327 ) (24,006 )
NET ASSETS 244,756 594,541
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 244,755 594,540
SHAREHOLDERS' FUNDS 244,756 594,541
Page 1
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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 Paul Layte
Director
30 December 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
Ascendant Accountants Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08990192 . The registered office is 3rd Floor , 89-90 Paul Street, London, EC2A 4NE.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are digital assets including applications, models & websites. It is amortised to profit and loss account over its estimated economic life of 5 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:
Leasehold 5 years
Plant & Machinery 4 years
Computer Equipment 3 years
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.
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: 17 (2024: 8)
17 8
Page 3
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4. Intangible Assets
Other
£
Cost
As at 1 April 2024 37,411
Additions 62,455
As at 31 March 2025 99,866
Amortisation
As at 1 April 2024 3,367
Provided during the period 15,316
As at 31 March 2025 18,683
Net Book Value
As at 31 March 2025 81,183
As at 1 April 2024 34,044
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 49,706 22,876 44,409 116,991
As at 31 March 2025 49,706 22,876 44,409 116,991
Depreciation
As at 1 April 2024 11,305 14,314 29,391 55,010
Provided during the period 38,401 3,998 7,458 49,857
As at 31 March 2025 49,706 18,312 36,849 104,867
Net Book Value
As at 31 March 2025 - 4,564 7,560 12,124
As at 1 April 2024 38,401 8,562 15,018 61,981
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 9,678 22,797
Amounts owed by group undertakings 196,952 -
Other debtors 212,131 149,398
418,761 172,195
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 54,937 8,979
Bank loans and overdrafts 9,304 9,507
Amounts owed to group undertakings 261,520 -
Other creditors 61,055 30,151
Taxation and social security 159,865 214,091
546,681 262,728
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 2,933 12,932
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Share capital is made up of 100 Ordinary £0.01 shares
10. Ultimate Controlling Party
The sale of the Company to Ascendant Acquisitions which is (wholly owned by Ascendant Group Holdings Limited) was agreed on 29 October 2024 and completed on 30 October 2024. The change in ownership does not affect the Company’s ongoing operations. 
Ascendant Group Holdings prepares consolidated financial statements. The registered office of Ascendant Group Holdings is 3rd Floor, 89-90 Paul Street, London EC2A 4NE
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