Acorah Software Products - Accounts Production 16.8.310 false true true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 07916735 Mr Kevin Monk Mr Phil Bottle Ms Azara Mukhtar Dr Abimbola Fadipe Mr Kevin Monk iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07916735 2024-04-30 07916735 2025-04-30 07916735 2024-05-01 2025-04-30 07916735 frs-core:Non-currentFinancialInstruments 2025-04-30 07916735 frs-core:ComputerEquipment 2024-05-01 2025-04-30 07916735 frs-core:FurnitureFittings 2024-05-01 2025-04-30 07916735 frs-core:PlantMachinery 2024-05-01 2025-04-30 07916735 frs-core:SharePremium 2025-04-30 07916735 frs-core:ShareCapital 2025-04-30 07916735 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 07916735 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 07916735 frs-bus:AbridgedAccounts 2024-05-01 2025-04-30 07916735 frs-bus:SmallEntities 2024-05-01 2025-04-30 07916735 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 07916735 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 07916735 frs-bus:Director1 2024-05-01 2025-04-30 07916735 frs-bus:Director2 2024-05-01 2025-04-30 07916735 frs-bus:Director3 2024-05-01 2025-04-30 07916735 frs-bus:Director4 2024-05-01 2025-04-30 07916735 frs-bus:CompanySecretary1 2024-05-01 2025-04-30 07916735 frs-countries:EnglandWales 2024-05-01 2025-04-30 07916735 2023-04-30 07916735 2024-04-30 07916735 2023-05-01 2024-04-30 07916735 frs-core:Non-currentFinancialInstruments 2024-04-30 07916735 frs-core:SharePremium 2024-04-30 07916735 frs-core:ShareCapital 2024-04-30 07916735 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 07916735
Sard JV Ltd.
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 April 2025
Sard JV Ltd.
Contents
Contents

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

Page 1
Sard JV Ltd.
Abridged Balance Sheet
As At 30 April 2025
Abridged Balance Sheet
Registered number: 07916735

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 75,450 |  | 92,850
Tangible Assets | 5 |  | 14,871 |  | 5,738
|  |  | 90,321 |  | 98,588
CURRENT ASSETS
Debtors |  | 297,050 |  | 297,084 |
Cash at bank and in hand |  | 582,981 |  | 707,610 |
|  | 880,031 |  | 1,004,694 |
Creditors: Amounts Falling Due Within One Year |  | (855,011 ) |  | (1,119,471 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 25,020 |  | (114,777 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 115,341 |  | (16,189 )
Creditors: Amounts Falling Due After More Than One Year |  |  | (36,001 ) |  | (39,428 )
NET ASSETS/(LIABILITIES) |  |  | 79,340 |  | (55,617 )
CAPITAL AND RESERVES
Called up share capital | 6 |  | 100 |  | 100
Share premium account |  |  | 35,000 |  | 35,000
Profit and Loss Account |  |  | 44,240 |  | (90,717 )
SHAREHOLDERS' FUNDS |  |  | 79,340 |  | (55,617)

Page 1
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Sard JV Ltd.
Abridged 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 30 April 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board

Mr Phil Bottle Director
19/01/2026

The notes on pages 3 to 5 form part of these financial statements.
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Sard JV Ltd.
Notes to the Abridged Financial Statements
For The Year Ended 30 April 2025
Notes to the Abridged Financial Statements
1. General Information
Sard JV Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 07916735 . The registered office is 76 Innovation Centre, University Road, Canterbury, Kent, CT2 7FG.
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. 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.
2.4. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to 10 years on a straight line basis over their expected useful economic lives.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
2.5. 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:

Plant & Machinery | 33% on Cost
Fixtures & Fittings | 33% on Cost
Computer Equipment | 33% on Cost

2.6. 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.
...CONTINUED
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Sard JV Ltd.
Notes to the Abridged Financial Statements (continued)
For The Year Ended 30 April 2025
2.6. Taxation - continued
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: 18 (2024: 15)
18 15
4. Intangible Assets

| Total
--- | ---
| £
Cost
As at 1 May 2024 | 174,000
As at 30 April 2025 | 174,000
Amortisation
As at 1 May 2024 | 81,150
Provided during the period | 17,400
As at 30 April 2025 | 98,550
Net Book Value
As at 30 April 2025 | 75,450
As at 1 May 2024 | 92,850

5. Tangible Assets

| Total
--- | ---
| £
Cost
As at 1 May 2024 | 49,187
Additions | 12,725
As at 30 April 2025 | 61,912
Depreciation
As at 1 May 2024 | 43,449
Provided during the period | 3,592
As at 30 April 2025 | 47,041
Net Book Value
As at 30 April 2025 | 14,871
As at 1 May 2024 | 5,738

6. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

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Sard JV Ltd.
Notes to the Abridged Financial Statements (continued)
For The Year Ended 30 April 2025
7. Reserves
Profit and loss account
The profit and loss account includes all current and prior period retained profits and losses.
8. Related Party Transactions
During the year the company purchased services totalling £491,900 (2024: £451,200) from its parent company and 76% shareholder, Mango Swiss Limited. At the year end, £51,540 (2024: £45,120) was still outstanding.
Mango Swiss Limited is also owed £30,715 (2024: £30,314) in the form of an inter-company loan. Interest is charged at 2.5%. The loan is unsecured and repayable on demand.
At the year end, the company was also owed £52,320 (2024: £52,320) from its minority, 24% shareholder Oxleas NHS Foundation Trust.
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