Acorah Software Products - Accounts Production 16.8.310 false true true 31 March 2024 1 April 2023 false 16 March 2026 1 April 2024 31 March 2025 31 March 2025 09139266 Mr Rohan Bulchandani Mr Robert Marsh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09139266 2024-03-31 09139266 2025-03-31 09139266 2024-04-01 2025-03-31 09139266 frs-core:CurrentFinancialInstruments 2025-03-31 09139266 frs-core:ComputerEquipment 2025-03-31 09139266 frs-core:ComputerEquipment 2024-04-01 2025-03-31 09139266 frs-core:ComputerEquipment 2024-03-31 09139266 frs-core:PlantMachinery 2025-03-31 09139266 frs-core:PlantMachinery 2024-04-01 2025-03-31 09139266 frs-core:PlantMachinery 2024-03-31 09139266 frs-core:ShareCapital 2025-03-31 09139266 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 09139266 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09139266 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 09139266 frs-bus:SmallEntities 2024-04-01 2025-03-31 09139266 frs-bus:Audited 2024-04-01 2025-03-31 09139266 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09139266 frs-bus:Director1 2024-04-01 2025-03-31 09139266 frs-bus:Director2 2024-04-01 2025-03-31 09139266 frs-countries:EnglandWales 2024-04-01 2025-03-31 09139266 2023-03-31 09139266 2024-03-31 09139266 2023-04-01 2024-03-31 09139266 frs-core:CurrentFinancialInstruments 2024-03-31 09139266 frs-core:ShareCapital 2024-03-31 09139266 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 09139266
Annet Technologies (Europe) Limited
Financial Statements
For The Year Ended 31 March 2025
Merranti Accounting Ltd
Annet Technologies (Europe) Limited
Contents
Contents

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

Page 1
Annet Technologies (Europe) Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 09139266

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 5,629 |  | 3,198
|  |  | 5,629 |  | 3,198
CURRENT ASSETS
Debtors | 5 | 1,143,139 |  | 59,434 |
Investments | 6 | 100 |  | 100 |
Cash at bank and in hand |  | 57,660 |  | 291,567 |
|  | 1,200,899 |  | 351,101 |
Creditors: Amounts Falling Due Within One Year | 7 | (1,213,294 ) |  | (320,550 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (12,395 ) |  | 30,551
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (6,766 ) |  | 33,749
NET (LIABILITIES)/ASSETS |  |  | (6,766 ) |  | 33,749
CAPITAL AND RESERVES
Called up share capital |  |  | 1,000 |  | 1,000
Profit and Loss Account |  |  | (7,766 ) |  | 32,749
SHAREHOLDERS' FUNDS |  |  | (6,766) |  | 33,749

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 Rohan Bulchandani Director
9 March 2026

The notes on pages 2 to 4 form part of these financial statements.
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Annet Technologies (Europe) Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Annet Technologies (Europe) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09139266 . The registered office is 10 Scandia-Hus Business Park, Felcourt Road, Felcourt, East Grinstead, West Sussex, RH19 2LP.
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
At the time of approving the accounts, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
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. 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 | Reducing Balance Method at 20%
Computer Equipment | Reducing Balance Method at 33%

2.5. Financial Instruments
Financial Assets
The company enters into basic financial instruments which results in the recognition of financial assets such as trade debtors, amounts due from group undertakings and accrued income. These are recognised at transaction price, subject to any impairment. At the year end, all financial assets are classified as receivable within one year, and are not amortised
Financial Liabilities
Basic financial liabilities include trade and other creditors, accrued expenses, deferred income and amounts due to group undertakings. These are recognised at transaction price and are not amortised. At the year end all financial liabilities are classified as payable within one year.
2.6. 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.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
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Annet Technologies (Europe) Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets

| Plant & Machinery | Computer Equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 April 2024 | 3,253 | 2,136 | 5,389
Additions | 3,935 | - | 3,935
As at 31 March 2025 | 7,188 | 2,136 | 9,324
Depreciation
As at 1 April 2024 | 651 | 1,540 | 2,191
Provided during the period | 1,307 | 197 | 1,504
As at 31 March 2025 | 1,958 | 1,737 | 3,695
Net Book Value
As at 31 March 2025 | 5,230 | 399 | 5,629
As at 1 April 2024 | 2,602 | 596 | 3,198

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 134,809 |  | 59,434
Amounts recoverable on contracts | 22,260 |  | -
Amounts owed by group undertakings | 975,663 |  | -
Other debtors | 10,407 |  | -
| 1,143,139 |  | 59,434

6. Current Asset Investments

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Unlisted investments | 100 |  | 100

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 210 |  | 473
Amounts owed to group undertakings | 1,167,485 |  | 295,545
Other creditors | 28,324 |  | 8,157
Taxation and social security | 17,275 |  | 16,375
| 1,213,294 |  | 320,550

8. Related Party Transactions
The company has taken advantage of the exemption in FRS 102 whereby it has not disclosed transactions with the ultimate parent company or any wholly owned subsidiary undertaking of the group.
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Page 4
Annet Technologies (Europe) Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
9. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
10. Audit Information
The auditor's report on the accounts of Annet Technologies (Europe) Limited for the year ended 31 March 2025 was unqualified.
The auditor's report was signed by Andrew Brooker FCA (Senior Statutory Auditor) for and on behalf of Begbies Chartered Accountants , Statutory Auditor.

Begbies Chartered Accountants 9 Bonhill Street London EC2A 4DJ

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