Acorah Software Products - Accounts Production 16.8.200 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 10880458 Mr Duncan White Mr Kelechi Amadi Mr John Cass Mr Duncan White iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10880458 2024-03-31 10880458 2025-03-31 10880458 2024-04-01 2025-03-31 10880458 frs-core:CurrentFinancialInstruments 2025-03-31 10880458 frs-core:Non-currentFinancialInstruments 2025-03-31 10880458 frs-core:ShareCapital 2025-03-31 10880458 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10880458 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10880458 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10880458 frs-bus:SmallEntities 2024-04-01 2025-03-31 10880458 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10880458 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10880458 frs-bus:OrdinaryShareClass1 2024-04-01 2025-03-31 10880458 frs-bus:OrdinaryShareClass1 2025-03-31 10880458 frs-bus:Director1 2024-04-01 2025-03-31 10880458 frs-bus:Director2 2024-04-01 2025-03-31 10880458 frs-bus:Director3 2024-04-01 2025-03-31 10880458 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 10880458 frs-countries:EnglandWales 2024-04-01 2025-03-31 10880458 2023-03-31 10880458 2024-03-31 10880458 2023-04-01 2024-03-31 10880458 frs-core:CurrentFinancialInstruments 2024-03-31 10880458 frs-core:Non-currentFinancialInstruments 2024-03-31 10880458 frs-core:ShareCapital 2024-03-31 10880458 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10880458 frs-bus:OrdinaryShareClass1 2023-04-01 2024-03-31
Registered number: 10880458
Smallholdr Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10880458
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 26,965 11,301
Cash at bank and in hand 597 5,613
27,562 16,914
Creditors: Amounts Falling Due Within One Year 5 (32,568 ) (67,962 )
NET CURRENT ASSETS (LIABILITIES) (5,006 ) (51,048 )
TOTAL ASSETS LESS CURRENT LIABILITIES (5,006 ) (51,048 )
Creditors: Amounts Falling Due After More Than One Year 6 (495 ) (3,418 )
NET LIABILITIES (5,501 ) (54,466 )
CAPITAL AND RESERVES
Called up share capital 7 120 120
Profit and Loss Account (5,621 ) (54,586 )
SHAREHOLDERS' FUNDS (5,501) (54,466)
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 Duncan White
Director
12th January 2026
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Smallholdr Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10880458 . The registered office is C/O Revel Innovation Exeter Science Park, Babbage Way, Exeter, EX5 2FN.
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. Going Concern Disclosure
The financial statements have been prepared on a going concern basis based on the directors and related parties continued support and that the company will trade out of the deficit position indicated by the Balance Sheet. The financial statements therefore do not include any adjustments that would result from a withdrawal of support or failure to trade out of the deficit position in respect of revaluing assets to their recoverable values or providing for further liabilities that might otherwise arise.
2.3. 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.
Rendering of services
Turnover from the rendering of services is recognised over the life of the project on a straight line basis representing the stage of the projects completion.
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 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: NIL (2024: NIL)
- -
Page 2
Page 3
4. Debtors
2025 2024
£ £
Due within one year
Trade debtors 15,996 8,754
Prepayments and accrued income 10,205 -
Other debtors 764 2,547
26,965 11,301
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 11,811 48,247
Bank loans and overdrafts 2,925 2,858
Accruals and deferred income 17,832 16,857
32,568 67,962
6. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 495 3,418
7. Share Capital
2025 2024
Allotted, called up and fully paid £ £
12,000 Ordinary Shares of £ 0.010 each 120 120
8. Related Party Transactions
The directors and a company in which some of the directors have a significant interest have provided services included in direct costs during the year of £43,200. The amounts owed to directors at the year end amounted to £Nil (2024: £Nil) and to related parties £10,740 (2024: £46,800). These sums are included in trade creditors.
Page 3