Acorah Software Products - Accounts Production 16.8.310 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 03500039 Mr Joshua McNiven Mr Michael McNiven Mr Michael McNiven iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03500039 2024-03-31 03500039 2025-03-31 03500039 2024-04-01 2025-03-31 03500039 frs-core:CurrentFinancialInstruments 2025-03-31 03500039 frs-core:Non-currentFinancialInstruments 2025-03-31 03500039 frs-core:ComputerEquipment 2024-04-01 2025-03-31 03500039 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 03500039 frs-core:FurnitureFittings 2024-04-01 2025-03-31 03500039 frs-core:MotorVehicles 2024-04-01 2025-03-31 03500039 frs-core:OtherResidualIntangibleAssets 2025-03-31 03500039 frs-core:OtherResidualIntangibleAssets 2024-04-01 2025-03-31 03500039 frs-core:OtherResidualIntangibleAssets 2024-03-31 03500039 frs-core:PlantMachinery 2025-03-31 03500039 frs-core:PlantMachinery 2024-04-01 2025-03-31 03500039 frs-core:PlantMachinery 2024-03-31 03500039 frs-core:CapitalRedemptionReserve 2025-03-31 03500039 frs-core:ShareCapital 2025-03-31 03500039 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 03500039 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03500039 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 03500039 frs-bus:SmallEntities 2024-04-01 2025-03-31 03500039 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 03500039 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 03500039 frs-bus:Director1 2024-04-01 2025-03-31 03500039 frs-bus:Director2 2024-04-01 2025-03-31 03500039 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 03500039 frs-countries:EnglandWales 2024-04-01 2025-03-31 03500039 2023-03-31 03500039 2024-03-31 03500039 2023-04-01 2024-03-31 03500039 frs-core:CurrentFinancialInstruments 2024-03-31 03500039 frs-core:Non-currentFinancialInstruments 2024-03-31 03500039 frs-core:CapitalRedemptionReserve 2024-03-31 03500039 frs-core:ShareCapital 2024-03-31 03500039 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 03500039
Inventas Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Aspreys Accountants
Inventas Limited
Contents
Contents

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

Page 1
Inventas Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 03500039

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 4,486 |  | -
Tangible Assets | 5 |  | 11,488 |  | 12,936
|  |  | 15,974 |  | 12,936
CURRENT ASSETS
Stocks |  | 3,872 |  | 2,100 |
Debtors | 6 | 72,760 |  | 132,179 |
Investments | 7 | - |  | 1,099 |
Cash at bank and in hand |  | 123,759 |  | 145,504 |
|  | 200,391 |  | 280,882 |
Creditors: Amounts falling due within one year | 8 | (98,623 ) |  | (156,297 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 101,768 |  | 124,585
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 117,742 |  | 137,521
Creditors: Amounts falling due after more than one year | 9 |  | - |  | (7,801 )
NET ASSETS |  |  | 117,742 |  | 129,720
CAPITAL AND RESERVES
Called up share capital |  |  | 110 |  | 110
Capital redemption reserve |  |  | 30 |  | 30
Profit and Loss Account |  |  | 117,602 |  | 129,580
SHAREHOLDERS' FUNDS |  |  | 117,742 |  | 129,720

Page 1
Page 2
Inventas Limited
Balance Sheet (continued)
As At 31 March 2025
For the year ending 31 March 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 Michael McNiven Director
10/03/2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Inventas Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Inventas Limited is a private company limited by shares, and is incorporated in England & Wales (registered number 03500039 .) Its registered office and principal place of business is located at 2 Norbury Road, Reigate, Surrey, RH2 9BY.
The principal activity of the company continued to be that of the provision of IT consultancy services, hosting and support.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention, except for the modification to a fair value basis where required, 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.
The financial statements are presented in sterling, which is the functional currency of the company.
2.2. Turnover
Sale of goods
Turnover from the sale of goods is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Turnover from the sale of goods is recognised when the company has fulfilled its contractual obligations and the significant risks and rewards of ownership of the goods has transferred to the customer. This is usually at the point that the customer has taken delivery of the goods.
Rendering of services
Turnover from the rendering of services is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Turnover is recognised when it can be estimated reliably by reference to the stage of completion of the project as at the balance sheet date.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.
Intangible assets aqcuired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits thereon are probable, and the cost or value can be measured reliably.
2.4. 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 | 25% on cost
Fixtures & Fittings | 20% on cost
Computer Equipment | 33% on cost

Impairment of Assets
At each reporting date, fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount.
If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment been recognised for the asset in prior years.
All impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
2.5. Leasing and Hire Purchase Contracts
Rentals payable under operating leases, where substantially all of the benefits and risks of ownership remain with the lessor, are charged to profit and loss account on a straight line basis over the lease term.
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Page 4
Inventas Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
2.6. Stocks and Work in Progress
Stocks are stated 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.
2.7. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, and loans with related parties and other third parties.
Financial Assets
Basic financial assets, including trade and other receivables, and cash and bank balances are recognised at transaction price, less any impairment.
Investments in assets listed on a public market are held at market value and revalued through profit and loss.
Financial Liabilities
Basic financial liabilities, including trade and other payables, are recognised at transaction price, less any impairment, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest method.
2.8. Taxation
The overall tax charge represents the sum of the tax currently payable and deferred tax.
Current and deferred tax are recognised in the profit and loss account 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. On the grounds of immateriality, deferred tax assets and liabilities are not discounted.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because it excludes items of income and expenditure that are not taxable or deductible, or that are taxable or deductible in other accounting periods. 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
Deferred tax is provided in full on timing differences which result in an obligation at the balance sheet date to pay more tax, or a right to pay less tax, at a future date, at rates expected to apply when they crystallise. Timing differences arise from the inclusion of items of income and expenditure in the taxation computation in periods different from those in which they are included in the financial statements.
Deferred tax assets are recognised to the extent that it is regarded as more likely than not that they will be recovered.
2.9. Pensions
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.
2.10. Current asset investments
Current asset investments are stated at market value.
2.11. Research and development
Expenditure on research and development is written off in the year in which it is incurred.
2.12. Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2024: 13)
10 13
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Inventas Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
4. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 April 2024 | -
Additions | 5,607
As at 31 March 2025 | 5,607
Amortisation
As at 1 April 2024 | -
Provided during the period | 1,121
As at 31 March 2025 | 1,121
Net Book Value
As at 31 March 2025 | 4,486
As at 1 April 2024 | -

5. Tangible Assets

| Plant & Machinery etc.
--- | ---
| £
Cost
As at 1 April 2024 | 77,749
Additions | 4,202
As at 31 March 2025 | 81,951
Depreciation
As at 1 April 2024 | 64,813
Provided during the period | 5,650
As at 31 March 2025 | 70,463
Net Book Value
As at 31 March 2025 | 11,488
As at 1 April 2024 | 12,936

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 45,867 |  | 74,562
Other debtors | 26,893 |  | 57,617
| 72,760 |  | 132,179

7. Current Asset Investments

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Listed investments | - |  | 1,099

Page 5
Page 6
Inventas Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
8. Creditors: Amounts falling due within one year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 36,756 |  | 68,358
Bank loans and overdrafts | 10,814 |  | 13,121
Other creditors | 29,690 |  | 34,542
Taxation and social security | 21,363 |  | 40,276
| 98,623 |  | 156,297

9. Creditors: Amounts falling due after more than one year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | - |  | 7,801

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