Acorah Software Products - Accounts Production 16.8.310 false true true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 07521882 Ms Jaime Barclay Atc Corporate Secretaries Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07521882 2024-02-29 07521882 2025-02-28 07521882 2024-03-01 2025-02-28 07521882 frs-core:CurrentFinancialInstruments 2025-02-28 07521882 frs-core:ShareCapital 2025-02-28 07521882 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 07521882 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 07521882 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 07521882 frs-bus:SmallEntities 2024-03-01 2025-02-28 07521882 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 07521882 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 07521882 frs-bus:OrdinaryShareClass1 2024-03-01 2025-02-28 07521882 frs-bus:OrdinaryShareClass1 2025-02-28 07521882 frs-bus:Director1 2024-03-01 2025-02-28 07521882 frs-bus:CompanySecretary1 2024-03-01 2025-02-28 07521882 frs-countries:EnglandWales 2024-03-01 2025-02-28 07521882 2023-02-28 07521882 2024-02-29 07521882 2023-03-01 2024-02-29 07521882 frs-core:CurrentFinancialInstruments 2024-02-29 07521882 frs-core:ShareCapital 2024-02-29 07521882 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 07521882 frs-bus:OrdinaryShareClass1 2023-03-01 2024-02-29
Registered number: 07521882
Selwood Business Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
More Group (Accounting) Limited
Selwood Business Limited
Contents
Contents

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

Page 1
Selwood Business Limited
Balance Sheet
As At 28 February 2025
Balance Sheet
Registered number: 07521882

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
CURRENT ASSETS
Debtors | 4 | 608,997 |  | 128,902 |
Cash at bank and in hand |  | 181,665 |  | 196,665 |
|  | 790,662 |  | 325,567 |
Creditors: Amounts Falling Due Within One Year | 5 | (531,311 ) |  | (470,054 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 259,351 |  | (144,487 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 259,351 |  | (144,487 )
NET ASSETS/(LIABILITIES) |  |  | 259,351 |  | (144,487 )
CAPITAL AND RESERVES
Called up share capital | 6 |  | 1 |  | 1
Profit and Loss Account |  |  | 259,350 |  | (144,488 )
SHAREHOLDERS' FUNDS |  |  | 259,351 |  | (144,487)

For the year ending 28 February 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 Jaime Barclay Director
25/02/2026

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Selwood Business Limited
Notes to the Financial Statements
For The Year Ended 28 February 2025
Notes to the Financial Statements
1. General Information
Selwood Business Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07521882 . The registered office is 1 Giltspur Street, Farringdon, London, EC1A 9DD.
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
These accounts have been prepared on the going concern basis, on the understanding that the director will continue to financially support the company during this uncertain period.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
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 unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not discounted.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction where they are subsequently carried at amortised cost using effective interest method. Financial liabilities that constitute a financing transaction are measured at present value of future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not discounted.
Debt instruments are subsequently carried at amortised cost, using effective interest rate method.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in ordinary course of business from suppliers. Amounts payable under trade creditors classified as current liabilities if payment is due within one year or less. If not they presented as non-current liabilities. Trade creditors recognised initially at transaction price and subsequently measured amortised cost using effective interest method.
2.5. 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.
Page 2
Page 3
Selwood Business Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 585,368 |  | 80,607
Prepayments and accrued income | 2,214 |  | 27,874
Corporation tax recoverable assets | 4,761 |  | 4,654
VAT | 16,654 |  | 15,767
| 608,997 |  | 128,902

5. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 439,284 |  | 366,040
Accruals and deferred income | - |  | 12,253
Directors' loan accounts | 92,027 |  | 91,761
| 531,311 |  | 470,054

6. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
1 Ordinary Shares of £ 1.00 each | 1 |  | 1

7. Related Party Transactions
During the year the company has recieved £41,353 (2024: £20,548) in consulting services from the company director.
As of the balance sheet date, the company owes £92,027 to the company director for an interest-free working capital loan. This loan is repayable on demand.
Page 3