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 07709991 N Imrie J M Imrie iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07709991 2024-03-31 07709991 2025-03-31 07709991 2024-04-01 2025-03-31 07709991 frs-core:CurrentFinancialInstruments 2025-03-31 07709991 frs-core:ComputerEquipment 2025-03-31 07709991 frs-core:ComputerEquipment 2024-04-01 2025-03-31 07709991 frs-core:ComputerEquipment 2024-03-31 07709991 frs-core:PlantMachinery 2024-04-01 2025-03-31 07709991 frs-core:ShareCapital 2025-03-31 07709991 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07709991 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07709991 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 07709991 frs-bus:SmallEntities 2024-04-01 2025-03-31 07709991 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07709991 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07709991 frs-core:UnlistedNon-exchangeTraded 2025-03-31 07709991 frs-core:UnlistedNon-exchangeTraded 2024-03-31 07709991 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 07709991 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 07709991 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 07709991 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 07709991 frs-bus:Director1 2024-04-01 2025-03-31 07709991 frs-bus:Director2 2024-04-01 2025-03-31 07709991 frs-countries:EnglandWales 2024-04-01 2025-03-31 07709991 2023-03-31 07709991 2024-03-31 07709991 2023-04-01 2024-03-31 07709991 frs-core:CurrentFinancialInstruments 2024-03-31 07709991 frs-core:ShareCapital 2024-03-31 07709991 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 07709991
Ludwig Associates Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Infinity Partnership
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07709991
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,608 2,774
Investment Properties 5 58,209 -
Investments 6 105,998 105,998
165,815 108,772
CURRENT ASSETS
Debtors 7 38,142 17,640
Cash at bank and in hand 13,661 62,672
51,803 80,312
Creditors: Amounts Falling Due Within One Year 8 (50,353 ) (33,459 )
NET CURRENT ASSETS (LIABILITIES) 1,450 46,853
TOTAL ASSETS LESS CURRENT LIABILITIES 167,265 155,625
NET ASSETS 167,265 155,625
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 167,264 155,624
SHAREHOLDERS' FUNDS 167,265 155,625
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
N Imrie
Director
31st 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
Ludwig Associates Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07709991 . The registered office is 20-22 Wenlock Road, London, N1 1GU.
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, excluding discounts, rebates, value
added tax and other sales taxes.
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 the following annual rates in order to write off each asset over its estimated useful life or, if
held under a finance lease, over the lease term, whichever is the shorter:
Plant & Machinery 33% on Cost
Computer Equipment 33% on Cost
2.4. Investment Properties
All investment properties are shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.
2.5. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the
extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those
in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been
enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be
recovered against the reversal of deferred tax liabilities or other future taxable profits.
3. Average Number of Employees
Average number of employees, including directors, during the period was 1 (2024: 1)
1 1
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Page 4
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2024 3,497
As at 31 March 2025 3,497
Depreciation
As at 1 April 2024 723
Provided during the period 1,166
As at 31 March 2025 1,889
Net Book Value
As at 31 March 2025 1,608
As at 1 April 2024 2,774
5. Investment Property
2025
£
Fair Value
As at 1 April 2024 -
Additions 58,209
As at 31 March 2025 58,209
6. Investments
Unlisted
£
Cost or Valuation
As at 1 April 2024 105,998
As at 31 March 2025 105,998
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 105,998
As at 1 April 2024 105,998
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 38,142 17,640
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,632 2,580
Other creditors 4,178 1,875
Taxation and social security 44,543 29,004
50,353 33,459
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 5