Acorah Software Products - Accounts Production 16.7.461 false true true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 05435162 Miss Jane Hansom Mr Gary Wilson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05435162 2024-05-31 05435162 2025-05-31 05435162 2024-06-01 2025-05-31 05435162 frs-core:CurrentFinancialInstruments 2025-05-31 05435162 frs-core:ShareCapital 2025-05-31 05435162 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 05435162 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 05435162 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 05435162 frs-bus:SmallEntities 2024-06-01 2025-05-31 05435162 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 05435162 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 05435162 frs-bus:Director1 2024-06-01 2025-05-31 05435162 frs-bus:CompanySecretary1 2024-06-01 2025-05-31 05435162 frs-countries:EnglandWales 2024-06-01 2025-05-31 05435162 2023-05-31 05435162 2024-05-31 05435162 2023-06-01 2024-05-31 05435162 frs-core:CurrentFinancialInstruments 2024-05-31 05435162 frs-core:ShareCapital 2024-05-31 05435162 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 05435162
Sponge Worldwide Limited
Financial Statements
For The Year Ended 31 May 2025
Sponge Worldwide Limited
Contents
Contents

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

Page 1
Sponge Worldwide Limited
Balance Sheet
As At 31 May 2025
Balance Sheet
Registered number: 05435162

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
CURRENT ASSETS
Cash at bank and in hand |  | 41 |  | 666 |
|  | 41 |  | 666 |
Creditors: Amounts Falling Due Within One Year | 4 | (404 ) |  | (392 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (363 ) |  | 274
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (363 ) |  | 274
NET (LIABILITIES)/ASSETS |  |  | (363 ) |  | 274
CAPITAL AND RESERVES
Called up share capital | 5 |  | 1 |  | 1
Profit and Loss Account |  |  | (364 ) |  | 273
SHAREHOLDERS' FUNDS |  |  | (363) |  | 274

For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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

Miss Jane Hansom Director
06/02/2026

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Sponge Worldwide Limited
Notes to the Financial Statements
For The Year Ended 31 May 2025
Notes to the Financial Statements
1. General Information
Sponge Worldwide Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05435162 . The registered office is 1st Floor, 104 Oxford Street, London, W1D 1LP.
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. Financial Instruments
The company has only basic financial instruments.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method.
Basic financial liabilities
Basic financial liabilities, which include creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transactions.
2.4. 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.
2.5. Taxation
Corporation 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:

| 2025 |  | 2024
--- | --- | --- | ---
Office and administration | 1 |  | 1
| 1 |  | 1

4. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Accruals and deferred income | 120 |  | 120
Director's loan account | 284 |  | 272
| 404 |  | 392

Page 2
Page 3
Sponge Worldwide Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2025
5. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1 |  | 1

Page 3