Acorah Software Products - Accounts Production 16.8.310 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 06366466 Mr Nicholas Fletcher Mr Alistair Ingram Mr Angus Bruce Jones Mrs Helen Fletcher iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06366466 2024-03-31 06366466 2025-03-31 06366466 2024-04-01 2025-03-31 06366466 frs-core:CurrentFinancialInstruments 2025-03-31 06366466 frs-core:ComputerEquipment 2025-03-31 06366466 frs-core:ComputerEquipment 2024-04-01 2025-03-31 06366466 frs-core:ComputerEquipment 2024-03-31 06366466 frs-core:FurnitureFittings 2025-03-31 06366466 frs-core:FurnitureFittings 2024-04-01 2025-03-31 06366466 frs-core:FurnitureFittings 2024-03-31 06366466 frs-core:WithinOneYear 2025-03-31 06366466 frs-core:ShareCapital 2025-03-31 06366466 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 06366466 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06366466 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 06366466 frs-bus:SmallEntities 2024-04-01 2025-03-31 06366466 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06366466 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06366466 frs-bus:OrdinaryShareClass2 2024-04-01 2025-03-31 06366466 frs-bus:OrdinaryShareClass2 2025-03-31 06366466 frs-bus:OrdinaryShareClass3 2024-04-01 2025-03-31 06366466 frs-bus:OrdinaryShareClass3 2025-03-31 06366466 frs-bus:OrdinaryShareClass4 2024-04-01 2025-03-31 06366466 frs-bus:OrdinaryShareClass4 2025-03-31 06366466 frs-bus:OrdinaryShareClass5 2024-04-01 2025-03-31 06366466 frs-bus:OrdinaryShareClass5 2025-03-31 06366466 frs-bus:Director1 2024-04-01 2025-03-31 06366466 frs-bus:Director2 2024-04-01 2025-03-31 06366466 frs-bus:Director3 2024-04-01 2025-03-31 06366466 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 06366466 frs-countries:EnglandWales 2024-04-01 2025-03-31 06366466 2023-03-31 06366466 2024-03-31 06366466 2023-04-01 2024-03-31 06366466 frs-core:CurrentFinancialInstruments 2024-03-31 06366466 frs-core:BetweenOneFiveYears 2024-03-31 06366466 frs-core:WithinOneYear 2024-03-31 06366466 frs-core:ShareCapital 2024-03-31 06366466 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 06366466 frs-bus:OrdinaryShareClass2 2023-04-01 2024-03-31 06366466 frs-bus:OrdinaryShareClass3 2023-04-01 2024-03-31 06366466 frs-bus:OrdinaryShareClass4 2023-04-01 2024-03-31 06366466 frs-bus:OrdinaryShareClass5 2023-04-01 2024-03-31
Registered number: 06366466
Clearsphere Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 06366466
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,539 339
2,539 339
CURRENT ASSETS
Stocks 5 17,820 3,000
Debtors 6 101,339 117,532
Cash at bank and in hand 80,634 90,619
199,793 211,151
Creditors: Amounts Falling Due Within One Year 7 (106,505 ) (101,608 )
NET CURRENT ASSETS (LIABILITIES) 93,288 109,543
TOTAL ASSETS LESS CURRENT LIABILITIES 95,827 109,882
PROVISIONS FOR LIABILITIES
Deferred Taxation (635 ) (84 )
NET ASSETS 95,192 109,798
CAPITAL AND RESERVES
Called up share capital 8 153 153
Income Statement 95,039 109,645
SHAREHOLDERS' FUNDS 95,192 109,798
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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 Income Statement.
On behalf of the board
Mr Angus Bruce Jones
Director
7th January 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Clearsphere Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06366466 . The registered office is 82 Wandsworth Bridge Road, London, SW6 2TF.
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.
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.
Amounts recoverable on long term contracts, which are included in debtors are stated at the net sales value of the work done after provision for contingencies and anticipated future loses on contracts, less amounts received as progress payments on account. Excess progress payments and provisions for foreseeable losses are included within creditors.
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:
Fixtures & Fittings 25% Straight line
Computer Equipment 33% Straight line
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 452 7,756 8,208
Additions - 2,681 2,681
As at 31 March 2025 452 10,437 10,889
Depreciation
As at 1 April 2024 452 7,417 7,869
Provided during the period - 481 481
As at 31 March 2025 452 7,898 8,350
Net Book Value
As at 31 March 2025 - 2,539 2,539
As at 1 April 2024 - 339 339
5. Stocks
2025 2024
£ £
Stock 17,820 3,000
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 87,696 112,486
Prepayments and accrued income 13,643 5,046
101,339 117,532
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 6,537 1,036
Corporation tax 33,023 40,643
Other taxes and social security 23,728 26,916
Other creditors 1,708 1,708
Accruals 29,842 19,037
Directors' loan accounts 11,667 12,268
106,505 101,608
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8. Share Capital
2025 2024
Allotted, called up and fully paid £ £
4,896 Ordinary A shares of £ 0.010 each 49 49
3,672 Ordinary B shares of £ 0.010 each 37 37
3,672 Ordinary C shares of £ 0.010 each 37 37
1,224 Ordinary D shares of £ 0.010 each 12 12
918 Ordinary E shares of £ 0.010 each 9 9
918 Ordinary F shares of £ 0.010 each 9 9
153 153
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 3,144 7,547
Later than one year and not later than five years - 3,144
3,144 10,691
10. Related Party Transactions
DirectorsDirectors and shareholdersThe directors have credit loan balances with the company which are lent on an unsecured, interest free basis and is repayable on demand. At the period end the balance owed to the directors amounted to £11,667 (2024: £12,268)

Directors

Directors and shareholders

The directors have credit loan balances with the company which are lent on an unsecured, interest free basis and is repayable on demand. At the period end the balance owed to the directors amounted to £11,667 (2024: £12,268)

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