Acorah Software Products - Accounts Production 16.8.310 false true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 13148440 Mr Adam Fox Mr Dominic Hawksley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13148440 2024-06-30 13148440 2025-06-30 13148440 2024-07-01 2025-06-30 13148440 frs-core:CurrentFinancialInstruments 2025-06-30 13148440 frs-core:Non-currentFinancialInstruments 2025-06-30 13148440 frs-core:ComputerEquipment 2025-06-30 13148440 frs-core:ComputerEquipment 2024-07-01 2025-06-30 13148440 frs-core:ComputerEquipment 2024-06-30 13148440 frs-core:FurnitureFittings 2025-06-30 13148440 frs-core:FurnitureFittings 2024-07-01 2025-06-30 13148440 frs-core:FurnitureFittings 2024-06-30 13148440 frs-core:NetGoodwill 2025-06-30 13148440 frs-core:NetGoodwill 2024-07-01 2025-06-30 13148440 frs-core:NetGoodwill 2024-06-30 13148440 frs-core:PlantMachinery 2025-06-30 13148440 frs-core:PlantMachinery 2024-07-01 2025-06-30 13148440 frs-core:PlantMachinery 2024-06-30 13148440 frs-core:CapitalRedemptionReserve 2025-06-30 13148440 frs-core:OtherReservesSubtotal 2025-06-30 13148440 frs-core:ShareCapital 2025-06-30 13148440 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 13148440 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 13148440 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 13148440 frs-bus:SmallEntities 2024-07-01 2025-06-30 13148440 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 13148440 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 13148440 frs-bus:Director1 2024-07-01 2025-06-30 13148440 frs-bus:Director2 2024-07-01 2025-06-30 13148440 frs-core:CurrentFinancialInstruments 1 2025-06-30 13148440 frs-core:CurrentFinancialInstruments 2 2025-06-30 13148440 frs-core:CurrentFinancialInstruments 4 2025-06-30 13148440 frs-countries:EnglandWales 2024-07-01 2025-06-30 13148440 2023-06-30 13148440 2024-06-30 13148440 2023-07-01 2024-06-30 13148440 frs-core:CurrentFinancialInstruments 2024-06-30 13148440 frs-core:Non-currentFinancialInstruments 2024-06-30 13148440 frs-core:CapitalRedemptionReserve 2024-06-30 13148440 frs-core:OtherReservesSubtotal 2024-06-30 13148440 frs-core:ShareCapital 2024-06-30 13148440 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 13148440 frs-core:CurrentFinancialInstruments 1 2024-06-30 13148440 frs-core:CurrentFinancialInstruments 2 2024-06-30 13148440 frs-core:CurrentFinancialInstruments 4 2024-06-30
Registered number: 13148440
Olverum Limited
Financial Statements
For The Year Ended 30 June 2025
TaxAssist Accountants
Screenworks, Office 218
22 Highbury Grove
London
N5 2EF
Olverum Limited
Contents
Contents

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

Page 1
Olverum Limited
Balance Sheet
As At 30 June 2025
Balance Sheet
Registered number: 13148440

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 8 |  | 8
Tangible Assets | 5 |  | 11,700 |  | 7,273
|  |  | 11,708 |  | 7,281
CURRENT ASSETS
Stocks | 6 | 507,620 |  | 571,565 |
Debtors | 7 | 156,829 |  | 89,960 |
Cash at bank and in hand |  | 25,454 |  | 63,860 |
|  | 689,903 |  | 725,385 |
Creditors: Amounts Falling Due Within One Year | 8 | (165,948 ) |  | (147,757 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 523,955 |  | 577,628
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 535,663 |  | 584,909
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (30,000 ) |  | (80,000 )
NET ASSETS |  |  | 505,663 |  | 504,909
CAPITAL AND RESERVES
Called up share capital | 10 |  | 8 |  | 8
Capital redemption reserve |  |  | 526,799 |  | 526,799
Other reserves |  |  | 20,000 |  | 20,000
Profit and Loss Account |  |  | (41,144 ) |  | (41,898 )
SHAREHOLDERS' FUNDS |  |  | 505,663 |  | 504,909

Page 1
Page 2
Olverum Limited
Balance Sheet (continued)
As At 30 June 2025
For the year ending 30 June 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 Adam Fox Director
17 March 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Olverum Limited
Notes to the Financial Statements
For The Year Ended 30 June 2025
Notes to the Financial Statements
1. General Information
Olverum Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13148440 . The registered office is 4.07 Screenworks, 22 Highbury Grove, London, N5 2EF.
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. 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.
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.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
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 | Straight Line Method - 25%
Fixtures & Fittings | Straight Line Method - 25%
Computer Equipment | Straight Line Method - 25%

Page 3
Page 4
Olverum Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
2.5. 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.
2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2024: 7)
8 7
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 July 2024 | 8
As at 30 June 2025 | 8
Net Book Value
As at 30 June 2025 | 8
As at 1 July 2024 | 8

5. Tangible Assets

| Plant & Machinery | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 July 2024 | 8,750 | 6,591 | 2,174 | 17,515
Additions | - | 10,992 | 748 | 11,740
As at 30 June 2025 | 8,750 | 17,583 | 2,922 | 29,255
Depreciation
As at 1 July 2024 | 5,795 | 3,909 | 538 | 10,242
Provided during the period | 2,187 | 4,396 | 730 | 7,313
As at 30 June 2025 | 7,982 | 8,305 | 1,268 | 17,555
Net Book Value
As at 30 June 2025 | 768 | 9,278 | 1,654 | 11,700
As at 1 July 2024 | 2,955 | 2,682 | 1,636 | 7,273

Page 4
Page 5
Olverum Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
6. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock - finished goods | 507,620 |  | 571,565

7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 148,448 |  | 81,579
Prepayments and accrued income | 5,233 |  | 5,233
Other debtors | 1,424 |  | 1,424
Purchase Tax Control Account | 1,694 |  | 1,694
Net wages | 30 |  | 30
| 156,829 |  | 89,960

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 42,167 |  | 80,603
Bank loans and overdrafts | 1,263 |  | 1,263
Other taxes and social security | 5,722 |  | 4,403
VAT | 29,584 |  | 6,701
Pension control account | 1,224 |  | 533
Sales Tax Control Account | 158 |  | 158
Equity (Conversion) | 18,205 |  | 18,605
Accruals and deferred income | 1,594 |  | 3,565
Directors' loan accounts | 66,031 |  | 31,926
| 165,948 |  | 147,757

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other loans | 30,000 |  | 80,000

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 8 |  | 8

Page 5