Acorah Software Products - Accounts Production 16.8.310 false true true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 14440408 Mr L D Kennedy Mr L Steele Mr W Bowles iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14440408 2024-10-31 14440408 2025-10-31 14440408 2024-11-01 2025-10-31 14440408 frs-core:NetGoodwill 2025-10-31 14440408 frs-core:NetGoodwill 2024-11-01 2025-10-31 14440408 frs-core:NetGoodwill 2024-10-31 14440408 frs-core:ShareCapital 2025-10-31 14440408 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 14440408 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 14440408 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 14440408 frs-bus:SmallEntities 2024-11-01 2025-10-31 14440408 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 14440408 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 14440408 frs-bus:Director1 2024-11-01 2025-10-31 14440408 frs-bus:Director2 2024-11-01 2025-10-31 14440408 frs-bus:Director3 2024-11-01 2025-10-31 14440408 frs-countries:EnglandWales 2024-11-01 2025-10-31 14440408 2023-10-31 14440408 2024-10-31 14440408 2023-11-01 2024-10-31 14440408 frs-core:ShareCapital 2024-10-31 14440408 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: 14440408
Youth Dreams Project Leicestershire Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14440408
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 33,600 38,400
33,600 38,400
Creditors: Amounts Falling Due Within One Year 5 (50,804 ) (49,734 )
NET CURRENT ASSETS (LIABILITIES) (50,804 ) (49,734 )
TOTAL ASSETS LESS CURRENT LIABILITIES (17,204 ) (11,334 )
NET LIABILITIES (17,204 ) (11,334 )
CAPITAL AND RESERVES
Called up share capital 6 3 3
Profit and Loss Account (17,207 ) (11,337 )
SHAREHOLDERS' FUNDS (17,204) (11,334)
For the year ending 31 October 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 L D Kennedy
Director
16 December 2025
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
Youth Dreams Project Leicestershire Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14440408 . The registered office is 38 Chatsfield, Peterborough , PE4 5DL.
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 directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative
impairment losses.
2.4. 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 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.
2.5. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method
2.7. Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
Page 2
Page 3
4. Intangible Assets
Goodwill
£
Cost
As at 1 November 2024 48,000
As at 31 October 2025 48,000
Amortisation
As at 1 November 2024 9,600
Provided during the period 4,800
As at 31 October 2025 14,400
Net Book Value
As at 31 October 2025 33,600
As at 1 November 2024 38,400
Franchise cost is being written off in equal annual instalments over its estimated economic life of 10 years.
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 50,804 49,734
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 3 3
7. Related Party Transactions
An amount of £5,385 (2024:£3,292) was owed to Youth Dreams Project Ltd, a company registered in the United Kingdom and under common control at the end of the period. This balance is shown within other creditors.
During the year a loan was made to the company by a director. The balance owing was £44,618 (2024: £45,691) , which is shown within other creditors. No interest has been charged on this loan. 
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