Acorah Software Products - Accounts Production 16.7.461 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 09608911 Mr Edward Wood iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09608911 2024-05-31 09608911 2025-05-31 09608911 2024-06-01 2025-05-31 09608911 frs-core:CurrentFinancialInstruments 2025-05-31 09608911 frs-core:Non-currentFinancialInstruments 2025-05-31 09608911 frs-core:ComputerEquipment 2025-05-31 09608911 frs-core:ComputerEquipment 2024-06-01 2025-05-31 09608911 frs-core:ComputerEquipment 2024-05-31 09608911 frs-core:FurnitureFittings 2025-05-31 09608911 frs-core:FurnitureFittings 2024-06-01 2025-05-31 09608911 frs-core:FurnitureFittings 2024-05-31 09608911 frs-core:PlantMachinery 2025-05-31 09608911 frs-core:PlantMachinery 2024-06-01 2025-05-31 09608911 frs-core:PlantMachinery 2024-05-31 09608911 frs-core:ShareCapital 2025-05-31 09608911 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 09608911 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 09608911 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 09608911 frs-bus:SmallEntities 2024-06-01 2025-05-31 09608911 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 09608911 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 09608911 frs-bus:Director1 2024-06-01 2025-05-31 09608911 frs-bus:Director1 2024-05-31 09608911 frs-bus:Director1 2025-05-31 09608911 frs-countries:EnglandWales 2024-06-01 2025-05-31 09608911 2023-05-31 09608911 2024-05-31 09608911 2023-06-01 2024-05-31 09608911 frs-core:CurrentFinancialInstruments 2024-05-31 09608911 frs-core:Non-currentFinancialInstruments 2024-05-31 09608911 frs-core:ShareCapital 2024-05-31 09608911 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 09608911
Ewgd Limited
Unaudited Financial Statements
For The Year Ended 31 May 2025
Thriveworks Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09608911
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,978 6,349
5,978 6,349
CURRENT ASSETS
Debtors 5 38,849 41,374
Cash at bank and in hand 24,478 31,396
63,327 72,770
Creditors: Amounts Falling Due Within One Year 6 (108,122 ) (148,303 )
NET CURRENT ASSETS (LIABILITIES) (44,795 ) (75,533 )
TOTAL ASSETS LESS CURRENT LIABILITIES (38,817 ) (69,184 )
Creditors: Amounts Falling Due After More Than One Year 7 - (10,000 )
NET LIABILITIES (38,817 ) (79,184 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (38,818 ) (79,185 )
SHAREHOLDERS' FUNDS (38,817) (79,184)
Page 1
Page 2
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Edward Wood
Director
05/01/2026
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Ewgd Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09608911 . The registered office is 110 Shoreditch High Street, London, E1 6JN.
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 5 years
Fixtures & Fittings 3 years
Computer Equipment 3 years
2.4. 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.
2.5. 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 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2024: 5)
8 5
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 June 2024 6,199 2,909 23,938 33,046
Additions 731 - 2,413 3,144
As at 31 May 2025 6,930 2,909 26,351 36,190
Depreciation
As at 1 June 2024 3,681 2,909 20,107 26,697
Provided during the period 1,148 - 2,367 3,515
As at 31 May 2025 4,829 2,909 22,474 30,212
Net Book Value
As at 31 May 2025 2,101 - 3,877 5,978
As at 1 June 2024 2,518 - 3,831 6,349
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 19,805 34,332
Prepayments and accrued income 2,935 1,417
Other debtors 5,625 5,625
Director's loan account 10,484 -
38,849 41,374
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 5,042 9,073
Bank loans and overdrafts 10,000 10,000
Corporation tax 9,967 2,110
Other taxes and social security 4,175 3,149
VAT 32,098 12,101
Other creditors 769 639
Accruals and deferred income 46,071 79,958
Director's loan account - 31,273
108,122 148,303
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 10,000
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8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 June 2024 Amounts advanced Amounts repaid Amounts written off As at 31 May 2025
£ £ £ £ £
Mr Edward Wood 31,273 58,775 17,018 - 10,484
The above loan is unsecured, interest free and repayable on demand.
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