Acorah Software Products - Accounts Production 16.8.310 false true 30 September 2024 1 October 2023 false 1 October 2024 30 September 2025 30 September 2025 02538377 Mr M S Foster Mr R J Green Mrs H L Horton Mr N G Hartt iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02538377 2024-09-30 02538377 2025-09-30 02538377 2024-10-01 2025-09-30 02538377 frs-core:CurrentFinancialInstruments 2025-09-30 02538377 frs-core:Non-currentFinancialInstruments 2025-09-30 02538377 frs-core:ComputerEquipment 2025-09-30 02538377 frs-core:ComputerEquipment 2024-10-01 2025-09-30 02538377 frs-core:ComputerEquipment 2024-09-30 02538377 frs-core:FurnitureFittings 2025-09-30 02538377 frs-core:FurnitureFittings 2024-10-01 2025-09-30 02538377 frs-core:FurnitureFittings 2024-09-30 02538377 frs-core:MotorVehicles 2025-09-30 02538377 frs-core:MotorVehicles 2024-10-01 2025-09-30 02538377 frs-core:MotorVehicles 2024-09-30 02538377 frs-core:PlantMachinery 2025-09-30 02538377 frs-core:PlantMachinery 2024-10-01 2025-09-30 02538377 frs-core:PlantMachinery 2024-09-30 02538377 frs-core:CapitalRedemptionReserve 2025-09-30 02538377 frs-core:ShareCapital 2025-09-30 02538377 frs-core:RetainedEarningsAccumulatedLosses 2025-09-30 02538377 frs-bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 02538377 frs-bus:FilletedAccounts 2024-10-01 2025-09-30 02538377 frs-bus:SmallEntities 2024-10-01 2025-09-30 02538377 frs-bus:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 02538377 frs-bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 02538377 frs-bus:OrdinaryShareClass1 2024-10-01 2025-09-30 02538377 frs-bus:OrdinaryShareClass1 2025-09-30 02538377 frs-bus:Director1 2024-10-01 2025-09-30 02538377 frs-bus:Director2 2024-10-01 2025-09-30 02538377 frs-bus:Director3 2024-10-01 2025-09-30 02538377 frs-bus:CompanySecretary1 2024-10-01 2025-09-30 02538377 frs-core:CurrentFinancialInstruments 1 2025-09-30 02538377 frs-core:CurrentFinancialInstruments 2 2025-09-30 02538377 frs-core:CurrentFinancialInstruments 3 2025-09-30 02538377 frs-core:CurrentFinancialInstruments 4 2025-09-30 02538377 frs-countries:EnglandWales 2024-10-01 2025-09-30 02538377 2023-09-30 02538377 2024-09-30 02538377 2023-10-01 2024-09-30 02538377 frs-core:CurrentFinancialInstruments 2024-09-30 02538377 frs-core:Non-currentFinancialInstruments 2024-09-30 02538377 frs-core:CapitalRedemptionReserve 2024-09-30 02538377 frs-core:ShareCapital 2024-09-30 02538377 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 02538377 frs-bus:OrdinaryShareClass1 2023-10-01 2024-09-30 02538377 frs-core:CurrentFinancialInstruments 1 2024-09-30 02538377 frs-core:CurrentFinancialInstruments 2 2024-09-30 02538377 frs-core:CurrentFinancialInstruments 3 2024-09-30 02538377 frs-core:CurrentFinancialInstruments 4 2024-09-30
Registered number: 02538377
Sorion Electronics Limited
Financial Statements
For The Year Ended 30 September 2025
Sorion Electronics Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Sorion Electronics Limited
Balance Sheet
As At 30 September 2025
Balance Sheet
Registered number: 02538377

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 25,150 |  | 43,460
|  |  | 25,150 |  | 43,460
CURRENT ASSETS
Stocks | 5 | 445,869 |  | 426,030 |
Debtors | 6 | 629,283 |  | 544,367 |
Investments | 7 | 100 |  | 100 |
Cash at bank and in hand |  | 7,725 |  | 1,120 |
|  | 1,082,977 |  | 971,617 |
Creditors: Amounts Falling Due Within One Year | 8 | (577,678 ) |  | (711,588 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 505,299 |  | 260,029
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 530,449 |  | 303,489
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (100 ) |  | (100 )
NET ASSETS |  |  | 530,349 |  | 303,389
CAPITAL AND RESERVES
Called up share capital | 10 |  | 8,300 |  | 8,300
Capital redemption reserve |  |  | 1,700 |  | 1,700
Profit and Loss Account |  |  | 520,349 |  | 293,389
SHAREHOLDERS' FUNDS |  |  | 530,349 |  | 303,389

Page 1
Page 2
Sorion Electronics Limited
Balance Sheet (continued)
As At 30 September 2025
For the year ending 30 September 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

Mrs H L Horton Director
25th February 2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Sorion Electronics Limited
Notes to the Financial Statements
For The Year Ended 30 September 2025
Notes to the Financial Statements
1. General Information
Sorion Electronics Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02538377 . The registered office is Sovereign House, 12 Warwick Street, Coventry, West Midlands, CV5 6ET.
The presentation currency of the financial statements is the Pound Sterling (£).
These financial statements are rounded to the nearest £1.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
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.
Preparation of consolidated financial statements
The financial statements contain information about Sorion Electronics Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
2.2. 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.
Dividends receivable
Dividend income is recognised as the company's right to receive payment is established.
2.3. 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 | 20% on cost
Motor Vehicles | 25% on cost
Fixtures & Fittings | 20% on cost
Computer Equipment | 50% on cost

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds it recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.
2.4. 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.
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 3
Page 4
Sorion Electronics Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2025
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 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.
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.
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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.7. Pensions
When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.8. Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any provision for impairment.
Current asset investment
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably.
2.9. Research and development
Expenditure on research and development is written off in the year in which it is incurred.
2.10. Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
Provisions
Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliabily estimates
3. Average Number of Employees
Average number of employees, including directors, during the year was: 39 (2024: 43)
39 43
Page 4
Page 5
Sorion Electronics Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2025
4. Tangible Assets

| Plant & Machinery | Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Cost
As at 1 October 2024 | 88,469 | 10,795 | 106,626 | 66,323 | 272,213
Additions | 587 | - | - | 6,952 | 7,539
Disposals | (2,101 ) | - | (9,187 ) | (18,989 ) | (30,277 )
As at 30 September 2025 | 86,955 | 10,795 | 97,439 | 54,286 | 249,475
Depreciation
As at 1 October 2024 | 59,709 | 10,795 | 100,430 | 57,819 | 228,753
Provided during the period | 13,832 | - | 2,173 | 9,843 | 25,848
Disposals | (2,101 ) | - | (9,186 ) | (18,989 ) | (30,276 )
As at 30 September 2025 | 71,440 | 10,795 | 93,417 | 48,673 | 224,325
Net Book Value
As at 30 September 2025 | 15,515 | - | 4,022 | 5,613 | 25,150
As at 1 October 2024 | 28,760 | - | 6,196 | 8,504 | 43,460

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Finished goods | 445,869 |  | 426,030

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 488,757 |  | 473,550
Prepayments and accrued income | 19,021 |  | 22,515
Other debtors | 354 |  | 16,052
Corporation tax recoverable assets | 121,151 |  | 31,709
Net wages | - |  | 400
Directors' loan accounts | - |  | 141
| 629,283 |  | 544,367

7. Current Asset Investments

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Shares in subsidiaries | 100 |  | 100

Sorion Developments Limited is no longer an active/trading company and all assets/reserves were distributed in 2018
Page 5
Page 6
Sorion Electronics Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2025
8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 138,544 |  | 214,619
PAYE | 39,019 |  | 29,204
VAT | 152,263 |  | 161,916
Pension creditor | 20,706 |  | 15,874
Credit card | 1,891 |  | 2,446
HSBC -Trade facility | 24,040 |  | -
P Yates - other creditor | 12,410 |  | -
Accruals and deferred income | 40,326 |  | 21,943
Directors' loan accounts | 39,082 |  | 2,076
Payments on account | 109,397 |  | 263,510
| 577,678 |  | 711,588

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Amounts owed to group undertakings | 100 |  | 100

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
83,000 Ordinary Shares of £ 0.10 each | 8,300 |  | 8,300

11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 October 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 30 September 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Nicholas Hartt | 141 | - | 141 | - | -

The above loan is unsecured, interest free and repayable on demand.
12. Dividends

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
On equity shares:
Interim dividend paid | 60,590 |  | 60,590

13. Related Party Transactions
There are no material transactions not concluded under market conditions requiring disclosure.
Page 6