Acorah Software Products - Accounts Production 16.8.200 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 09470391 Mr William Pepper Mr Dylan Tonkin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09470391 2024-10-31 09470391 2025-10-31 09470391 2024-11-01 2025-10-31 09470391 frs-core:CurrentFinancialInstruments 2025-10-31 09470391 frs-core:Non-currentFinancialInstruments 2025-10-31 09470391 frs-core:ComputerEquipment 2025-10-31 09470391 frs-core:ComputerEquipment 2024-11-01 2025-10-31 09470391 frs-core:ComputerEquipment 2024-10-31 09470391 frs-core:FurnitureFittings 2025-10-31 09470391 frs-core:FurnitureFittings 2024-11-01 2025-10-31 09470391 frs-core:FurnitureFittings 2024-10-31 09470391 frs-core:NetGoodwill 2025-10-31 09470391 frs-core:NetGoodwill 2024-11-01 2025-10-31 09470391 frs-core:NetGoodwill 2024-10-31 09470391 frs-core:ShareCapital 2025-10-31 09470391 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 09470391 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 09470391 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 09470391 frs-bus:SmallEntities 2024-11-01 2025-10-31 09470391 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 09470391 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 09470391 frs-bus:Director1 2024-11-01 2025-10-31 09470391 frs-bus:Director2 2024-11-01 2025-10-31 09470391 frs-countries:EnglandWales 2024-11-01 2025-10-31 09470391 2023-10-31 09470391 2024-10-31 09470391 2023-11-01 2024-10-31 09470391 frs-core:CurrentFinancialInstruments 2024-10-31 09470391 frs-core:Non-currentFinancialInstruments 2024-10-31 09470391 frs-core:ShareCapital 2024-10-31 09470391 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: 09470391
Grosvenor Wealth Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2025
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 09470391
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 96,827 29,245
Tangible Assets 5 5,620 6,807
102,447 36,052
CURRENT ASSETS
Debtors 6 42,787 32,860
Cash at bank and in hand 55,065 84,002
97,852 116,862
Creditors: Amounts Falling Due Within One Year 7 (105,423 ) (87,278 )
NET CURRENT ASSETS (LIABILITIES) (7,571 ) 29,584
TOTAL ASSETS LESS CURRENT LIABILITIES 94,876 65,636
Creditors: Amounts Falling Due After More Than One Year 8 (46,429 ) -
PROVISIONS FOR LIABILITIES
Deferred Taxation (638 ) (775 )
NET ASSETS 47,809 64,861
CAPITAL AND RESERVES
Called up share capital 9 4,004 4,004
Income Statement 43,805 60,857
SHAREHOLDERS' FUNDS 47,809 64,861
Page 1
Page 2
For the year ending 31 October 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 Income Statement.
On behalf of the board
Mr William Pepper
Director
16 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
Grosvenor Wealth Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09470391 . The registered office is Pavilion 2000, Amy Johnson Way, York, YO30 4XT.
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.
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 income statement 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:
Fixtures & Fittings 15% on reducing balance
Computer Equipment 33% on cost
2.5. 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: 7 (2024: 7)
7 7
Page 3
Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 November 2024 84,299
Additions 98,060
Disposals (40,878 )
As at 31 October 2025 141,481
Amortisation
As at 1 November 2024 55,054
Provided during the period 30,478
Disposals (40,878 )
As at 31 October 2025 44,654
Net Book Value
As at 31 October 2025 96,827
As at 1 November 2024 29,245
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 November 2024 12,121 828 12,949
As at 31 October 2025 12,121 828 12,949
Depreciation
As at 1 November 2024 6,028 114 6,142
Provided during the period 914 273 1,187
As at 31 October 2025 6,942 387 7,329
Net Book Value
As at 31 October 2025 5,179 441 5,620
As at 1 November 2024 6,093 714 6,807
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 38,460 25,149
Other debtors 4,327 7,711
42,787 32,860
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 826 -
Bank loans and overdrafts 4,649 15,193
Other creditors 45,139 23,575
Taxation and social security 54,809 48,510
105,423 87,278
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 21,429 -
Other creditors 25,000 -
46,429 -
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 4,004 4,004
Page 5