Acorah Software Products - Accounts Production 16.6.950 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 06518420 Mr Jonathan Fawcett Mr Michele La Corte Mr Jonathan Fawcett iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06518420 2024-03-31 06518420 2025-03-31 06518420 2024-04-01 2025-03-31 06518420 frs-core:CurrentFinancialInstruments 2025-03-31 06518420 frs-core:Non-currentFinancialInstruments 2025-03-31 06518420 frs-core:ComputerEquipment 2025-03-31 06518420 frs-core:ComputerEquipment 2024-04-01 2025-03-31 06518420 frs-core:ComputerEquipment 2024-03-31 06518420 frs-core:FurnitureFittings 2025-03-31 06518420 frs-core:FurnitureFittings 2024-04-01 2025-03-31 06518420 frs-core:FurnitureFittings 2024-03-31 06518420 frs-core:MotorVehicles 2025-03-31 06518420 frs-core:MotorVehicles 2024-04-01 2025-03-31 06518420 frs-core:MotorVehicles 2024-03-31 06518420 frs-core:PlantMachinery 2025-03-31 06518420 frs-core:PlantMachinery 2024-04-01 2025-03-31 06518420 frs-core:PlantMachinery 2024-03-31 06518420 frs-core:ShareCapital 2025-03-31 06518420 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 06518420 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06518420 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 06518420 frs-bus:SmallEntities 2024-04-01 2025-03-31 06518420 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06518420 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06518420 frs-bus:Director1 2024-04-01 2025-03-31 06518420 frs-bus:Director1 2024-03-31 06518420 frs-bus:Director1 2025-03-31 06518420 frs-bus:Director2 2024-04-01 2025-03-31 06518420 frs-bus:Director2 2024-03-31 06518420 frs-bus:Director2 2025-03-31 06518420 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 06518420 frs-countries:EnglandWales 2024-04-01 2025-03-31 06518420 2023-03-31 06518420 2024-03-31 06518420 2023-04-01 2024-03-31 06518420 frs-core:CurrentFinancialInstruments 2024-03-31 06518420 frs-core:Non-currentFinancialInstruments 2024-03-31 06518420 frs-core:ShareCapital 2024-03-31 06518420 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 06518420
Conflict International Limited
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: 06518420
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 36,212 44,668
36,212 44,668
CURRENT ASSETS
Debtors 5 1,606,255 1,813,755
Cash at bank and in hand 267,046 158,868
1,873,301 1,972,623
Creditors: Amounts Falling Due Within One Year 6 (663,084 ) (687,086 )
NET CURRENT ASSETS (LIABILITIES) 1,210,217 1,285,537
TOTAL ASSETS LESS CURRENT LIABILITIES 1,246,429 1,330,205
Creditors: Amounts Falling Due After More Than One Year 7 (35,782 ) (139,761 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (6,103 ) (7,539 )
NET ASSETS 1,204,544 1,182,905
CAPITAL AND RESERVES
Called up share capital 8 10 10
Profit and Loss Account 1,204,534 1,182,895
SHAREHOLDERS' FUNDS 1,204,544 1,182,905
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 Michele La Corte
Director
30/12/2025
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
Conflict International Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06518420 . The registered office is 4th Floor 49 St. James's Street, London, SW1A 1AH.
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. 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:
Plant & Machinery 25% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on reducing balance
2.4. 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: 9 (2024: 9)
9 9
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 31,438 21,925 14,290 46,641 114,294
Additions - - - 3,113 3,113
As at 31 March 2025 31,438 21,925 14,290 49,754 117,407
Depreciation
As at 1 April 2024 28,006 8,294 4,456 28,870 69,626
Provided during the period 858 3,408 2,458 4,845 11,569
As at 31 March 2025 28,864 11,702 6,914 33,715 81,195
Net Book Value
As at 31 March 2025 2,574 10,223 7,376 16,039 36,212
As at 1 April 2024 3,432 13,631 9,834 17,771 44,668
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 69,880 245,583
Other debtors 1,529,786 1,550,828
Directors' loan accounts 6,589 17,344
1,606,255 1,813,755
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 32,223 40,060
Bank loans and overdrafts 106,161 108,745
Corporation tax 52,434 56,535
Other taxes and social security 138 138
VAT 41,988 27,827
Other creditors 90,840 89,559
Accruals and deferred income 339,300 354,712
Directors' loan accounts - 9,510
663,084 687,086
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 35,782 139,761
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8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10 10
9. 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 Jonathan Fawcett (9,510 ) 75,305 62,500 - 3,295
Mr Michele La Corte 17,344 61,775 75,825 - 3,294
The above loan is unsecured, interest free and repayable on demand.
Page 5