Acorah Software Products - Accounts Production 16.8.310 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 03092794 Mr Martin Doyle Mrs Mary Doyle iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03092794 2024-04-30 03092794 2025-04-30 03092794 2024-05-01 2025-04-30 03092794 frs-core:CurrentFinancialInstruments 2025-04-30 03092794 frs-core:Non-currentFinancialInstruments 2025-04-30 03092794 frs-core:ComputerEquipment 2025-04-30 03092794 frs-core:ComputerEquipment 2024-05-01 2025-04-30 03092794 frs-core:ComputerEquipment 2024-04-30 03092794 frs-core:FurnitureFittings 2025-04-30 03092794 frs-core:FurnitureFittings 2024-05-01 2025-04-30 03092794 frs-core:FurnitureFittings 2024-04-30 03092794 frs-core:MotorVehicles 2025-04-30 03092794 frs-core:MotorVehicles 2024-05-01 2025-04-30 03092794 frs-core:MotorVehicles 2024-04-30 03092794 frs-core:WithinOneYear 2025-04-30 03092794 frs-core:ShareCapital 2025-04-30 03092794 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 03092794 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 03092794 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 03092794 frs-bus:SmallEntities 2024-05-01 2025-04-30 03092794 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 03092794 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 03092794 frs-bus:Director1 2024-05-01 2025-04-30 03092794 frs-bus:Director1 2024-04-30 03092794 frs-bus:Director1 2025-04-30 03092794 frs-bus:CompanySecretary1 2024-05-01 2025-04-30 03092794 frs-countries:EnglandWales 2024-05-01 2025-04-30 03092794 2023-04-30 03092794 2024-04-30 03092794 2023-05-01 2024-04-30 03092794 frs-core:CurrentFinancialInstruments 2024-04-30 03092794 frs-core:Non-currentFinancialInstruments 2024-04-30 03092794 frs-core:BetweenOneFiveYears 2024-04-30 03092794 frs-core:WithinOneYear 2024-04-30 03092794 frs-core:ShareCapital 2024-04-30 03092794 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 03092794
International Software Publishing Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
Eclipse Accountancy Ltd
Chartered Accountants
Fareham Innovation Centre
Merlin House
4 Meteor Way, Lee-on-the-Solent
Hampshire
PO13 9FU
International Software Publishing Limited
Contents
Contents

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

Page 1
International Software Publishing Limited
Balance Sheet
As At 30 April 2025
Balance Sheet
Registered number: 03092794

| 2025 | 2024 as restated
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 80,572 |  | 99,269
|  |  | 80,572 |  | 99,269
CURRENT ASSETS
Debtors | 5 | 441,315 |  | 397,392 |
Cash at bank and in hand |  | 588,599 |  | 659,464 |
|  | 1,029,914 |  | 1,056,856 |
Creditors: Amounts Falling Due Within One Year | 6 | (604,781 ) |  | (528,898 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 425,133 |  | 527,958
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 505,705 |  | 627,227
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (30,827 ) |  | (89,806 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (9,854 ) |  | -
NET ASSETS |  |  | 465,024 |  | 537,421
CAPITAL AND RESERVES
Called up share capital | 9 |  | 110 |  | 100
Profit and Loss Account |  |  | 464,914 |  | 537,321
SHAREHOLDERS' FUNDS |  |  | 465,024 |  | 537,421

Page 1
Page 2
International Software Publishing Limited
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Martin Doyle Director
1st August 2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
International Software Publishing Limited
Notes to the Financial Statements
For The Year Ended 30 April 2025
Notes to the Financial Statements
1. General Information
International Software Publishing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03092794 . The registered office is Merlin House, 4 Meteor Way, Lee-On-The-Solent, Hampshire, PO13 9FU.
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.
See Note 2.7 – Change in accounting policy for the retrospective restatement and quantitative impacts.
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 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.
2.3. 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:

Motor Vehicles | 20% reducing balance
Fixtures & Fittings | 25% reducing balance
Computer Equipment | 25% reducing balance

2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
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.
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.
...CONTINUED
Page 3
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International Software Publishing Limited
Notes to the 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 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. Change in Accounting Policy - Revenue and Purchase Recognition
With effect from 1 May 2024, the Company changed its revenue and purchase recognition policy from recognising revenue on receipt of cash to recognising revenue on an accrual basis in line with FRS 102 Section 23 (Revenue from Contracts with Customers). Under the revised policy, revenue and purchases are recognised as performance obligations are satisfied. Amounts billed or cash received in advance of performance are recognised as contract liabilities (deferred revenue); amounts earned but not yet billed/received are recognised as contract assets or receivables. Supplier invoices relating to future periods are recognised as prepaymetns. This change has been applied retrospectively in accordance with FRS 102 Section 10.11–10.12.
Management judges that the revised policy provides reliable and more relevant information about the timing and pattern of revenue and purchase recognition, better reflecting the transfer of goods/services to customers, as required by FRS 102 Section 10.14.
Effect on the statement of comprehensive income

Year ended 30 April 2024 | Previously reported | Adjustment | Restated
Turnover | £1,011,722 | £197,215 | £1,208,937
Purchases | £239,827 | £101,490 | £138,337
Gross profit | £636,620 | £298,705 | £935,325
Operating profit | £192,786 | £298,705 | £491,491
Tax (current and deferred) | £50,155 | £74,674 | £124,829
Profit for the year after tax | £154,790 | £224,032 | £378,822

Effect on the opening balance of equity
At 1 May 2023 retained earnings decreased by £444,699 to recognise contract liabilities of £592,929 and related deferred tax of £148,230.
Cash flows. The change affects only the timing of revenue/expense recognition and does not affect total cash flows.
Where precise period‑by‑period effects could not be determined practicably, the Company applied the policy to the earliest practicable date and adjusted opening equity accordingly, as permitted by FRS 102 10.12.
Effect on the statement of financial position

Year ended 30 April 2024 | Previously reported | Adjustment | Restated
Current liabilities - deferred revenue | £0 | £377,491 | £377,491
Deferred tax (net) liability / (asset) | £13,058 | (£73,555) | (£60,497)
Retained earnings | £690,531 | (£444,699) | £245,832

3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2024: 8)
7 8
Page 4
Page 5
International Software Publishing Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
4. Tangible Assets

| Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 May 2024 | 120,996 | - | 153,943 | 274,939
Additions | - | 554 | 1,716 | 2,270
As at 30 April 2025 | 120,996 | 554 | 155,659 | 277,209
Depreciation
As at 1 May 2024 | 34,788 | - | 140,882 | 175,670
Provided during the period | 17,242 | 83 | 3,642 | 20,967
As at 30 April 2025 | 52,030 | 83 | 144,524 | 196,637
Net Book Value
As at 30 April 2025 | 68,966 | 471 | 11,135 | 80,572
As at 1 May 2024 | 86,208 | - | 13,061 | 99,269

5. Debtors

| 2025 |  | 2024 as restated
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 92,341 |  | 237,465
Other debtors | 348,974 |  | 159,927
| 441,315 |  | 397,392

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024 as restated
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 54,026 |  | 3,362
Trade creditors | 42,840 |  | 43,783
Other creditors | 475,031 |  | 404,806
Taxation and social security | 32,884 |  | 76,947
| 604,781 |  | 528,898

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

| 2025 |  | 2024 as restated
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | - |  | 52,360
Bank loans | 30,827 |  | 37,446
| 30,827 |  | 89,806

Page 5
Page 6
International Software Publishing Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
8. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024 as restated
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 54,026 |  | 3,362
Later than one year and not later than five years | - |  | 52,360
| 54,026 |  | 55,722
| 54,026 |  | 55,722

9. Share Capital

| 2025 |  | 2024 as restated
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 110 |  | 100

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

| As at 1 May 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 30 April 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Martin Doyle | (18,341 ) | 210,000 | 10,758 | - | 180,901

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