Acorah Software Products - Accounts Production 17.1.130 false true true 31 December 2024 1 September 2024 false 1 January 2025 31 December 2025 31 December 2025 09736075 Dr Oliver Hofmann Mr Guorong Jin Dr Dirk Brusis Mr Edward Mitchell Skion Water International GmbH false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09736075 2024-12-31 09736075 2025-12-31 09736075 2025-01-01 2025-12-31 09736075 frs-core:CurrentFinancialInstruments 2025-12-31 09736075 frs-core:Non-currentFinancialInstruments 2025-12-31 09736075 frs-core:ComputerEquipment 2025-12-31 09736075 frs-core:ComputerEquipment 2025-01-01 2025-12-31 09736075 frs-core:ComputerEquipment 2024-12-31 09736075 frs-core:FurnitureFittings 2025-12-31 09736075 frs-core:FurnitureFittings 2025-01-01 2025-12-31 09736075 frs-core:FurnitureFittings 2024-12-31 09736075 frs-core:PlantMachinery 2025-12-31 09736075 frs-core:PlantMachinery 2025-01-01 2025-12-31 09736075 frs-core:PlantMachinery 2024-12-31 09736075 frs-core:SharePremium 2025-12-31 09736075 frs-core:ShareCapital 2025-12-31 09736075 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 09736075 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 09736075 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 09736075 frs-bus:SmallEntities 2025-01-01 2025-12-31 09736075 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 09736075 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 09736075 1 2025-01-01 2025-12-31 09736075 frs-bus:Director1 2025-01-01 2025-12-31 09736075 frs-bus:Director2 2025-01-01 2025-12-31 09736075 frs-bus:Director3 2025-01-01 2025-12-31 09736075 frs-bus:Director4 2025-01-01 2025-12-31 09736075 frs-countries:EnglandWales 2025-01-01 2025-12-31 09736075 2024-08-31 09736075 2024-12-31 09736075 2024-09-01 2024-12-31 09736075 frs-core:CurrentFinancialInstruments 2024-12-31 09736075 frs-core:Non-currentFinancialInstruments 2024-12-31 09736075 frs-core:SharePremium 2024-12-31 09736075 frs-core:ShareCapital 2024-12-31 09736075 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 09736075
SouthWestSensor Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
MacIver Management
ACMA
SouthWestSensor Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
SouthWestSensor Limited
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 09736075

| 31 December 2025 | 31 December 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 5,592 |  | 7,478
|  |  | 5,592 |  | 7,478
CURRENT ASSETS
Debtors | 5 | 106,054 |  | 210,005 |
Cash at bank and in hand |  | 135,378 |  | 86,378 |
|  | 241,432 |  | 296,383 |
Creditors: Amounts Falling Due Within One Year | 6 | (32,928 ) |  | (40,596 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 208,504 |  | 255,787
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 214,096 |  | 263,265
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (302,275 ) |  | (992,423 )
NET LIABILITIES |  |  | (88,179 ) |  | (729,158 )
CAPITAL AND RESERVES
Called up share capital | 8 |  | 4 |  | 3
Share premium account |  |  | 3,428,949 |  | 2,057,269
Profit and Loss Account |  |  | (3,517,132 ) |  | (2,786,430 )
SHAREHOLDERS' FUNDS |  |  | (88,179) |  | (729,158)

Page 1
Page 2
SouthWestSensor Limited
Balance Sheet (continued)
As At 31 December 2025
For the year ending 31 December 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

Dr Oliver Hofmann Director
18/03/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
SouthWestSensor Limited
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
SouthWestSensor Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09736075 . The registered office is The Innovation Centre 2 Venture Road, Southampton Science Park, Chilworth, SO16 7NP.
The prior year accounts cover a four month period to align the company's accounting reference period with that of the major shareholder. This is the first full year with accounting close 31st December .
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
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. Additional financing was provided to the company from the majority shareholder in the form of a Convertible Loan Note in February 2025 and a loan facilty in August 2025.Subject to achievement of specific milestones, further financing has been committed from the same shareholder.
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 sale of goods and form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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 | 20% Straight Line
Fixtures & Fittings | 20% Straight Line
Computer Equipment | 25% Straight Line

2.5. 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 year 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
Page 4
SouthWestSensor Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
2.5. 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.6. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
9Average number of employees, including directors, during the year was: 10 (2024: 9)
10 9
4. Tangible Assets

| Plant & Machinery | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 January 2025 | 21,201 | 2,391 | 6,364 | 29,956
Additions | 1,436 | 1,840 | - | 3,276
As at 31 December 2025 | 22,637 | 4,231 | 6,364 | 33,232
Depreciation
As at 1 January 2025 | 14,806 | 2,049 | 5,623 | 22,478
Provided during the period | 4,388 | 403 | 371 | 5,162
As at 31 December 2025 | 19,194 | 2,452 | 5,994 | 27,640
Net Book Value
As at 31 December 2025 | 3,443 | 1,779 | 370 | 5,592
As at 1 January 2025 | 6,395 | 342 | 741 | 7,478

Page 4
Page 5
SouthWestSensor Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
5. Debtors

| 31 December 2025 |  | 31 December 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 22,514 |  | 33,568
Prepayments and accrued income | 8,893 |  | 6,493
Corporation tax recoverable assets | 65,440 |  | 162,490
VAT | 9,207 |  | 7,454
| 106,054 |  | 210,005

6. Creditors: Amounts Falling Due Within One Year

| 31 December 2025 |  | 31 December 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 20,541 |  | 36,108
Bank loans and overdrafts | 1,886 |  | 1,488
Other taxes and social security | 6,152 |  | -
Other creditors | 1,349 |  | -
Accruals and deferred income | 3,000 |  | 3,000
| 32,928 |  | 40,596

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

| 31 December 2025 |  | 31 December 2024
--- | --- | --- | ---
| £ |  | £
Other loans | 302,275 |  | 992,423

8. Share Capital

| 31 December 2025 |  | 31 December 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 4 |  | 3

9. Controlling Party
The company's controlling party is Skion Water International GmbH by virtue of its ownership of (82.72)% of the issued share capital in the company.
Page 5