Acorah Software Products - Accounts Production 16.8.310 false true true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 12055055 H Arouzi iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12055055 2024-06-30 12055055 2025-06-30 12055055 2024-07-01 2025-06-30 12055055 frs-core:CurrentFinancialInstruments 2025-06-30 12055055 frs-core:ComputerEquipment 2025-06-30 12055055 frs-core:ComputerEquipment 2024-07-01 2025-06-30 12055055 frs-core:ComputerEquipment 2024-06-30 12055055 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-07-01 2025-06-30 12055055 frs-core:FurnitureFittings 2025-06-30 12055055 frs-core:FurnitureFittings 2024-07-01 2025-06-30 12055055 frs-core:FurnitureFittings 2024-06-30 12055055 frs-core:OtherResidualIntangibleAssets 2025-06-30 12055055 frs-core:OtherResidualIntangibleAssets 2024-07-01 2025-06-30 12055055 frs-core:OtherResidualIntangibleAssets 2024-06-30 12055055 frs-core:PlantMachinery 2025-06-30 12055055 frs-core:PlantMachinery 2024-07-01 2025-06-30 12055055 frs-core:PlantMachinery 2024-06-30 12055055 frs-core:WithinOneYear 2025-06-30 12055055 frs-core:OtherReservesSubtotal 2025-06-30 12055055 frs-core:SharePremium 2025-06-30 12055055 frs-core:ShareCapital 2025-06-30 12055055 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 12055055 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 12055055 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 12055055 frs-bus:SmallEntities 2024-07-01 2025-06-30 12055055 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 12055055 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 12055055 frs-bus:Director1 2024-07-01 2025-06-30 12055055 frs-countries:EnglandWales 2024-07-01 2025-06-30 12055055 2023-06-30 12055055 2024-06-30 12055055 2023-07-01 2024-06-30 12055055 frs-core:CurrentFinancialInstruments 2024-06-30 12055055 frs-core:BetweenOneFiveYears 2024-06-30 12055055 frs-core:WithinOneYear 2024-06-30 12055055 frs-core:OtherReservesSubtotal 2024-06-30 12055055 frs-core:SharePremium 2024-06-30 12055055 frs-core:ShareCapital 2024-06-30 12055055 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: 12055055
Ahbstra Engineering Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2025
Finerva
Ahbstra Engineering Ltd
Contents
Contents

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

Page 1
Ahbstra Engineering Ltd
Balance Sheet
As At 30 June 2025
Balance Sheet
Registered number: 12055055

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 117,573 |  | 123,241
Tangible Assets | 5 |  | 31,663 |  | 22,556
|  |  | 149,236 |  | 145,797
CURRENT ASSETS
Debtors | 6 | 223,017 |  | 270,592 |
Cash at bank and in hand |  | 23,369 |  | 187,676 |
|  | 246,386 |  | 458,268 |
Creditors: Amounts Falling Due Within One Year | 7 | (1,939,582 ) |  | (1,694,952 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (1,693,196 ) |  | (1,236,684 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (1,543,960 ) |  | (1,090,887 )
NET LIABILITIES |  |  | (1,543,960 ) |  | (1,090,887 )
CAPITAL AND RESERVES
Called up share capital | 8 |  | 14,265 |  | 12,987
Share premium account |  |  | 1,826,104 |  | 907,182
Other reserves |  |  | 102,704 |  | 457,834
Profit and Loss Account |  |  | (3,487,033 ) |  | (2,468,890 )
SHAREHOLDERS' FUNDS |  |  | (1,543,960) |  | (1,090,887)

Page 1
Page 2
Ahbstra Engineering Ltd
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 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

H Arouzi Director
31 March 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Ahbstra Engineering Ltd
Notes to the Financial Statements
For The Year Ended 30 June 2025
Notes to the Financial Statements
1. General Information
Ahbstra Engineering Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12055055 . The registered office is Unit 23, Chelsea Wharf, 15 Lots Road, London, SW10 0QJ.
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 company’s financial statements have been prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the company’s needs. This includes an additional fund raise (see the Post Balance Sheet Events note) and continuing support from the founder and director.
In assessing going concern, the directors have a reasonable expectation that the company will continue as a going concern and is able to meet all of its obligations as they fall due for a minimum of 12 months from the date of approval of these financial statements.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are purchased patents. They are amortised to profit and loss account over its estimated economic life of 10 years.
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
2.4. Research and Development
Research expenditure is written off in the period in which it is incurred.
2.5. 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 | over 5 years on a straight line basis
Fixtures & Fittings | over 5 years on a straight line basis
Computer Equipment | over 4 years on a straight line basis

2.6. Financial Instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual
provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
2.7. 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.
2.8. 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.
Page 3
Page 4
Ahbstra Engineering Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
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. Share Based Payment
The grant date fair value of share-based payments awards granted to employees and consultants is recognised as an expense, with a corresponding increase in equity, over the period in which the option holders become unconditionally entitled to the awards. The fair value of the awards granted is measured using an option valuation model, taking in to account the terms and conditions upon which the awards were granted. The amount recognised as an expense is adjusted to reflect the actual number of awards for which the related service and non-market vesting conditions are expected to be met, such that the amount ultimately recognised as an expense is based on the number of awards that do not meet the related service and non-market performance conditions at the vesting date. For share-based payment awards with non-vesting conditions, the grant date fair value of the share-based payment is measured to reflect such conditions and there is no true-up for differences between expected and actual outcomes.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 4 (2024: 2)
4 2
4. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 July 2024 | 141,041
Additions | 7,887
As at 30 June 2025 | 148,928
Amortisation
As at 1 July 2024 | 17,800
Provided during the period | 13,555
As at 30 June 2025 | 31,355
Net Book Value
As at 30 June 2025 | 117,573
As at 1 July 2024 | 123,241

5. Tangible Assets

| Plant & Machinery | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 July 2024 | - | 17,656 | 12,195 | 29,851
Additions | 2,978 | 9,663 | 3,519 | 16,160
As at 30 June 2025 | 2,978 | 27,319 | 15,714 | 46,011
Depreciation
As at 1 July 2024 | - | 279 | 7,016 | 7,295
Provided during the period | 176 | 5,108 | 1,769 | 7,053
As at 30 June 2025 | 176 | 5,387 | 8,785 | 14,348
Net Book Value
As at 30 June 2025 | 2,802 | 21,932 | 6,929 | 31,663
As at 1 July 2024 | - | 17,377 | 5,179 | 22,556

Page 4
Page 5
Ahbstra Engineering Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Prepayments and accrued income | 32,918 |  | 7,465
Other debtors | 190,099 |  | 230,147
Corporation tax recoverable assets | - |  | 32,980
| 223,017 |  | 270,592

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 180,853 |  | 703,555
Other taxes and social security | 3,883 |  | 375
Other creditors | 203,501 |  | 9,659
Accruals and deferred income | 48,532 |  | 11,350
Director's loan account | 1,502,813 |  | 970,013
| 1,939,582 |  | 1,694,952

Included within other creditors are outstanding pension contributions of £820 (2024: £425).
8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 14,265 |  | 12,987

9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Not later than one year | 34,250 |  | 53,407
Later than one year and not later than five years | - |  | 34,250
| 34,250 |  | 87,657

10. Post Balance Sheet Events
A total of 45,644 A shares were allotted in December 2025 and January 2026, raising £782,795 in funding.
11. Related Party Transactions
During the period the director advanced £776,050 (2023: £160,000) to the company and the company repaid £43,250 (2024: £10,000). At the year end a balance of £1,702,813 (2024: £970,013) was due to the director. The loan is unsecured, interest free and repayable on demand.
12. Share based payment
The company operates an equity based share option scheme to certain employees and consultants. The options are granted under EMI & Unapproved option scheme plans, with the exercise price agreed by The Board. The options expire ten years after the date of the grant. Option holders are not entitled to dividends until the shares are exercised.
A reconciliation of share option movements during the year ended 30 June 2025 is shown below:
Number of options - weighted average exercise price
...CONTINUED
Page 5
Page 6
Ahbstra Engineering Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
Outstanding as at 1 July 2024: 0 - £nil
Granted during the year: 40,392 - £0.01
Forfeited during the year: nil - £nil
Exercised during the year: nil - £nil
Outstanding as at 30 June 2025: 40,392 - £0.01
The company is unable to directly measure the fair value of the share options. Instead the fair value of the share options granted during the year is determined using the Black-Scholes model. The model is internationally recognised as being appropriate to value share option schemes similar to that of the company.
Equity settled schemes - charges arising: £102,704 (2024: £nil)
Page 6