Acorah Software Products - Accounts Production 16.8.200 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 12560829 Mr Benjamin Owen Mrs Sophie Ward-Owen Mr Benjamin Owen Mrs Sophie Ward-Owen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12560829 2024-04-30 12560829 2025-04-30 12560829 2024-05-01 2025-04-30 12560829 frs-core:CurrentFinancialInstruments 2025-04-30 12560829 frs-core:Non-currentFinancialInstruments 2025-04-30 12560829 frs-core:BetweenOneFiveYears 2025-04-30 12560829 frs-core:ComputerEquipment 2025-04-30 12560829 frs-core:ComputerEquipment 2024-05-01 2025-04-30 12560829 frs-core:ComputerEquipment 2024-04-30 12560829 frs-core:FurnitureFittings 2025-04-30 12560829 frs-core:FurnitureFittings 2024-05-01 2025-04-30 12560829 frs-core:FurnitureFittings 2024-04-30 12560829 frs-core:MotorVehicles 2025-04-30 12560829 frs-core:MotorVehicles 2024-05-01 2025-04-30 12560829 frs-core:MotorVehicles 2024-04-30 12560829 frs-core:WithinOneYear 2025-04-30 12560829 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 12560829 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 12560829 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 12560829 frs-bus:SmallEntities 2024-05-01 2025-04-30 12560829 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 12560829 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 12560829 frs-bus:Director1 2024-05-01 2025-04-30 12560829 frs-bus:Director2 2024-05-01 2025-04-30 12560829 frs-bus:CompanySecretary1 2024-05-01 2025-04-30 12560829 frs-bus:CompanySecretary2 2024-05-01 2025-04-30 12560829 frs-countries:EnglandWales 2024-05-01 2025-04-30 12560829 2023-04-30 12560829 2024-04-30 12560829 2023-05-01 2024-04-30 12560829 frs-core:CurrentFinancialInstruments 2024-04-30 12560829 frs-core:Non-currentFinancialInstruments 2024-04-30 12560829 frs-core:BetweenOneFiveYears 2024-04-30 12560829 frs-core:WithinOneYear 2024-04-30 12560829 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 12560829
Owen Partners Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
Owen Partners Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Owen Partners Limited
Balance Sheet
As At 30 April 2025
Balance Sheet
Registered number: 12560829

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 3 |  | 4,436 |  | 4,421
|  |  | 4,436 |  | 4,421
CURRENT ASSETS
Debtors | 4 | 8,481 |  | 11,031 |
Cash at bank and in hand |  | 19,509 |  | 10,239 |
|  | 27,990 |  | 21,270 |
Creditors: Amounts Falling Due Within One Year | 5 | (18,382 ) |  | (13,970 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 9,608 |  | 7,300
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 14,044 |  | 11,721
Creditors: Amounts Falling Due After More Than One Year | 6 |  | (1,746 ) |  | (3,358 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (900 ) |  | (840 )
NET ASSETS |  |  | 11,398 |  | 7,523
Profit and Loss Account |  |  | 11,398 |  | 7,523
SHAREHOLDERS' FUNDS |  |  | 11,398 |  | 7,523

Page 1
Page 2
Owen Partners Limited
Balance Sheet (continued)
As At 30 April 2025
For the year ending 30 April 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 Benjamin Owen Director
06/01/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Owen Partners Limited
Notes to the Financial Statements
For The Year Ended 30 April 2025
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2. 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.
1.3. 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:

Motor Vehicles | 20% reducing balance
Fixtures & Fittings | 50% straight line
Computer Equipment | 33.33% - 50% straight line

1.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
1.5. 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.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
Page 3
Page 4
Owen Partners Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
3. Tangible Assets

| Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 May 2024 | 6,795 | 313 | 2,819 | 9,927
Additions | - | - | 1,085 | 1,085
As at 30 April 2025 | 6,795 | 313 | 3,904 | 11,012
Depreciation
As at 1 May 2024 | 2,446 | 313 | 2,747 | 5,506
Provided during the period | 870 | - | 200 | 1,070
As at 30 April 2025 | 3,316 | 313 | 2,947 | 6,576
Net Book Value
As at 30 April 2025 | 3,479 | - | 957 | 4,436
As at 1 May 2024 | 4,349 | - | 72 | 4,421

4. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 8,280 |  | 10,830
Other debtors | 201 |  | 201
| 8,481 |  | 11,031

5. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 1,612 |  | 1,612
Other creditors | 251 |  | 512
Taxation and social security | 16,519 |  | 11,846
| 18,382 |  | 13,970

6. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 1,746 |  | 3,358

7. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 1,612 |  | 1,612
Later than one year and not later than five years | 1,746 |  | 3,358
| 3,358 |  | 4,970
| 3,358 |  | 4,970

Page 4
Page 5
Owen Partners Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £

Page 5