Acorah Software Products - Accounts Production 16.8.310 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 08080901 Mr Leslie Douglas Mr Milo Guastamacchia iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08080901 2024-05-31 08080901 2025-05-31 08080901 2024-06-01 2025-05-31 08080901 frs-core:CurrentFinancialInstruments 2025-05-31 08080901 frs-core:ShareCapital 2025-05-31 08080901 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 08080901 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 08080901 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 08080901 frs-bus:SmallEntities 2024-06-01 2025-05-31 08080901 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 08080901 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 08080901 frs-bus:Director1 2024-06-01 2025-05-31 08080901 frs-bus:Director2 2024-06-01 2025-05-31 08080901 frs-countries:EnglandWales 2024-06-01 2025-05-31 08080901 2023-05-31 08080901 2024-05-31 08080901 2023-06-01 2024-05-31 08080901 frs-core:CurrentFinancialInstruments 2024-05-31 08080901 frs-core:ShareCapital 2024-05-31 08080901 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 08080901
Grassroots Ventures Limited
Unaudited Financial Statements
For The Year Ended 31 May 2025
Grassroots Ventures Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
Grassroots Ventures Limited
Balance Sheet
As At 31 May 2025
Balance Sheet
Registered number: 08080901

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
CURRENT ASSETS
Debtors | 4 | 30,044 |  | - |
Investments | 5 | - |  | 86,516 |
Cash at bank and in hand |  | 8,022 |  | 1,427 |
|  | 38,066 |  | 87,943 |
Creditors: Amounts Falling Due Within One Year | 6 | (41,557 ) |  | (69,832 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (3,491 ) |  | 18,111
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (3,491 ) |  | 18,111
NET (LIABILITIES)/ASSETS |  |  | (3,491 ) |  | 18,111
CAPITAL AND RESERVES
Called up share capital | 7 |  | 1,025 |  | 1,025
Profit and Loss Account |  |  | (4,516 ) |  | 17,086
SHAREHOLDERS' FUNDS |  |  | (3,491) |  | 18,111

Page 1
Page 2
Grassroots Ventures Limited
Balance Sheet (continued)
As At 31 May 2025
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 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 Leslie Douglas Director
19/02/2026

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Grassroots Ventures Limited
Notes to the Financial Statements
For The Year Ended 31 May 2025
Notes to the Financial Statements
1. General Information
Grassroots Ventures Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08080901 . The registered office is The Old Barn, Off Wood Street, Swanley Village, Kent, BR8 7PA.
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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 30,044 |  | -

5. Current Asset Investments

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Listed investments | - |  | 86,516

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 359 |  | 299
Other creditors | 19,529 |  | 45,320
Directors' loan accounts | 21,669 |  | 24,213
| 41,557 |  | 69,832

7. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1,025 |  | 1,025

Page 3
Page 4
Grassroots Ventures Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2025
8. Related Party Transactions
Included in Other Creditors is an amount owed to the compnay director Mr L Douglas totalling £14,394 (2024 - £16,938), no interest is to be charged.
Included in Other Creditors is an amount owed to the company director Mr M Gustamacchia totalling £7,275 (2024 - £7,275), no interest is to be charged.
Page 4