Acorah Software Products - Accounts Production 16.8.200 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 07613827 Ms Emma Sayle Ms Karolina Lukjaniuk iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07613827 2024-04-30 07613827 2025-04-30 07613827 2024-05-01 2025-04-30 07613827 frs-core:CurrentFinancialInstruments 2025-04-30 07613827 frs-core:Non-currentFinancialInstruments 2025-04-30 07613827 frs-core:ComputerEquipment 2025-04-30 07613827 frs-core:ComputerEquipment 2024-05-01 2025-04-30 07613827 frs-core:ComputerEquipment 2024-04-30 07613827 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-05-01 2025-04-30 07613827 frs-core:FurnitureFittings 2025-04-30 07613827 frs-core:FurnitureFittings 2024-05-01 2025-04-30 07613827 frs-core:FurnitureFittings 2024-04-30 07613827 frs-core:InvestmentPropertyIncludedWithinPPE 2025-04-30 07613827 frs-core:InvestmentPropertyIncludedWithinPPE 2024-05-01 2025-04-30 07613827 frs-core:InvestmentPropertyIncludedWithinPPE 2024-04-30 07613827 frs-core:OtherResidualIntangibleAssets 2025-04-30 07613827 frs-core:OtherResidualIntangibleAssets 2024-05-01 2025-04-30 07613827 frs-core:OtherResidualIntangibleAssets 2024-04-30 07613827 frs-core:SharePremium 2025-04-30 07613827 frs-core:ShareCapital 2025-04-30 07613827 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 07613827 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 07613827 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 07613827 frs-bus:SmallEntities 2024-05-01 2025-04-30 07613827 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 07613827 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 07613827 frs-bus:Director1 2024-05-01 2025-04-30 07613827 frs-bus:Director2 2024-05-01 2025-04-30 07613827 frs-core:CurrentFinancialInstruments 1 2025-04-30 07613827 frs-core:CurrentFinancialInstruments 2 2025-04-30 07613827 frs-core:CurrentFinancialInstruments 3 2025-04-30 07613827 frs-core:CurrentFinancialInstruments 4 2025-04-30 07613827 frs-core:CurrentFinancialInstruments 5 2025-04-30 07613827 frs-core:CurrentFinancialInstruments 6 2025-04-30 07613827 frs-countries:EnglandWales 2024-05-01 2025-04-30 07613827 2023-04-30 07613827 2024-04-30 07613827 2023-05-01 2024-04-30 07613827 frs-core:CurrentFinancialInstruments 2024-04-30 07613827 frs-core:Non-currentFinancialInstruments 2024-04-30 07613827 frs-core:SharePremium 2024-04-30 07613827 frs-core:ShareCapital 2024-04-30 07613827 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 07613827 frs-core:CurrentFinancialInstruments 1 2024-04-30 07613827 frs-core:CurrentFinancialInstruments 2 2024-04-30 07613827 frs-core:CurrentFinancialInstruments 3 2024-04-30 07613827 frs-core:CurrentFinancialInstruments 4 2024-04-30 07613827 frs-core:CurrentFinancialInstruments 5 2024-04-30 07613827 frs-core:CurrentFinancialInstruments 6 2024-04-30
Registered number: 07613827
WEAREX LTD
Unaudited Financial Statements
For The Year Ended 30 April 2025
WEAREX LTD
Unaudited Financial Statements
For The Year Ended 30 April 2025
Unaudited Financial Statements

Contents
| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
WEAREX LTD
Balance Sheet
As At 30 April 2025
Balance Sheet
Registered number: 07613827

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 3 |  | 3,039,860 |  | 2,443,106
Tangible Assets | 4 |  | 47,850 |  | 48,922
|  |  | 3,087,710 |  | 2,492,028
CURRENT ASSETS
Stocks | 5 | 31,275 |  | 41,700 |
Debtors | 6 | 103,115 |  | 96,270 |
Cash at bank and in hand |  | 129,904 |  | 222,631 |
|  | 264,294 |  | 360,601 |
Creditors: Amounts Falling Due Within One Year | 7 | (58,610 ) |  | (108,442 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 205,684 |  | 252,159
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 3,293,394 |  | 2,744,187
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (134,784 ) |  | (28,559 )
NET ASSETS |  |  | 3,158,610 |  | 2,715,628
CAPITAL AND RESERVES
Called up share capital | 9 |  | 353 |  | 501
Share premium account |  |  | 3,115,986 |  | 2,905,894
Profit and Loss Account |  |  | 42,271 |  | (190,767 )
SHAREHOLDERS' FUNDS |  |  | 3,158,610 |  | 2,715,628

Page 1
Page 2
WEAREX LTD
Balance Sheet (continued)
As At 30 April 2025
For the year ending 30 April 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

Ms Karolina Lukjaniuk Director
23 June 2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
WEAREX LTD
Notes to the Financial Statements
For The Year Ended 30 April 2025
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.
1.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.
1.4. 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 Method
Computer Equipment | 33% Straight Line Method

1.5. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
1.6. 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.
1.7. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 5 (2024: 6)
5 6
Page 3
Page 4
WEAREX LTD
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
3. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 May 2024 | 2,492,638
Additions | 596,754
As at 30 April 2025 | 3,089,392
Amortisation
As at 1 May 2024 | 49,532
As at 30 April 2025 | 49,532
Net Book Value
As at 30 April 2025 | 3,039,860
As at 1 May 2024 | 2,443,106

4. Tangible Assets

| Investment Properties | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 May 2024 | 45,878 | 315,141 | 89,167 | 450,186
Additions | - | - | 833 | 833
As at 30 April 2025 | 45,878 | 315,141 | 90,000 | 451,019
Depreciation
As at 1 May 2024 | - | 315,141 | 86,123 | 401,264
Provided during the period | - | - | 1,905 | 1,905
As at 30 April 2025 | - | 315,141 | 88,028 | 403,169
Net Book Value
As at 30 April 2025 | 45,878 | - | 1,972 | 47,850
As at 1 May 2024 | 45,878 | - | 3,044 | 48,922

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 31,275 |  | 41,700

Page 4
Page 5
WEAREX LTD
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 10 |  | -
Hadleigh Bolt | (111 ) |  | 45
Other debtors account | - |  | 5,874
Edenred account | 1,139 |  | -
VAT | 204 |  | -
Amounts owed by connected company | 101,873 |  | 90,351
| 103,115 |  | 96,270

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | - |  | 53,439
Bank loans and overdrafts | 5,000 |  | 5,050
PAYE control account | 8,397 |  | 7,219
VAT | - |  | 2,357
Wages and salaries control | - |  | 8,783
Barclaycard | 23,954 |  | 450
Amex | 12,022 |  | 20,087
Amex USD | 6,305 |  | 7,785
Ticket Platform | (1,184 ) |  | 1,386
Pension control account | 2,622 |  | 1,224
VAT Moss Liability | 604 |  | -
Directors' loan accounts | 890 |  | 662
| 58,610 |  | 108,442

8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bounce back loan Killing Kittens Ltd | 22,624 |  | 28,559
Loan | 112,160 |  | -
| 134,784 |  | 28,559

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 353 |  | 501

10. General Information
WEAREX LTD is a private company, limited by shares, incorporated in England & Wales, registered number 07613827 . The registered office is 12 Hallmark Trading Estate, Fourth Way, Wembley, HA9 0LB.
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