Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 07767102 Mr Kenneth Liddle Mr Barrie Vesty iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07767102 2024-03-31 07767102 2025-03-31 07767102 2024-04-01 2025-03-31 07767102 frs-core:CurrentFinancialInstruments 2025-03-31 07767102 frs-core:Non-currentFinancialInstruments 2025-03-31 07767102 frs-core:ComputerEquipment 2025-03-31 07767102 frs-core:ComputerEquipment 2024-04-01 2025-03-31 07767102 frs-core:ComputerEquipment 2024-03-31 07767102 frs-core:FurnitureFittings 2025-03-31 07767102 frs-core:FurnitureFittings 2024-04-01 2025-03-31 07767102 frs-core:FurnitureFittings 2024-03-31 07767102 frs-core:ShareCapital 2025-03-31 07767102 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07767102 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07767102 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 07767102 frs-bus:SmallEntities 2024-04-01 2025-03-31 07767102 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07767102 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07767102 frs-bus:Director1 2024-04-01 2025-03-31 07767102 frs-bus:Director2 2024-04-01 2025-03-31 07767102 frs-countries:EnglandWales 2024-04-01 2025-03-31 07767102 2023-03-31 07767102 2024-03-31 07767102 2023-04-01 2024-03-31 07767102 frs-core:CurrentFinancialInstruments 2024-03-31 07767102 frs-core:Non-currentFinancialInstruments 2024-03-31 07767102 frs-core:ShareCapital 2024-03-31 07767102 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 07767102
Auraled Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07767102
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 10,082 2,874
10,082 2,874
CURRENT ASSETS
Stocks 5 480,976 391,702
Debtors 6 360,016 322,392
Cash at bank and in hand 132,385 118,430
973,377 832,524
Creditors: Amounts Falling Due Within One Year 7 (707,614 ) (529,373 )
NET CURRENT ASSETS (LIABILITIES) 265,763 303,151
TOTAL ASSETS LESS CURRENT LIABILITIES 275,845 306,025
Creditors: Amounts Falling Due After More Than One Year 8 (2,936 ) (13,425 )
NET ASSETS 272,909 292,600
CAPITAL AND RESERVES
Called up share capital 10 360 360
Profit and Loss Account 272,549 292,240
SHAREHOLDERS' FUNDS 272,909 292,600
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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 Profit and Loss Account.
On behalf of the board
Mr Kenneth Liddle
Director
Mr Barrie Vesty
Director
12/01/2026
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
Auraled Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07767102 . The registered office is Unit 2 Cromwell Road, Bredbury, Stockport, SK6 2RF.
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:
Fixtures & Fittings 20% Straight Line
Computer Equipment 20% Straight Line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under 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 the profit and loss account as incurred.
2.5. 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.
2.6. 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.
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2.7. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2024: 11)
12 11
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 11,935 12,533 24,468
Additions 3,753 6,490 10,243
As at 31 March 2025 15,688 19,023 34,711
Depreciation
As at 1 April 2024 10,575 11,019 21,594
Provided during the period 1,358 1,677 3,035
As at 31 March 2025 11,933 12,696 24,629
Net Book Value
As at 31 March 2025 3,755 6,327 10,082
As at 1 April 2024 1,360 1,514 2,874
5. Stocks
2025 2024
£ £
Stock 480,976 391,702
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 345,318 307,693
Other debtors 14,698 14,699
360,016 322,392
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 272,832 201,747
Bank loans and overdrafts 10,000 10,000
Other creditors 344,675 245,642
Taxation and social security 80,107 71,984
707,614 529,373
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 2,936 13,425
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 360 360
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