Acorah Software Products - Accounts Production 18.1.170 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 11106615 Mr Adam Griffiths Mr Caroline Griffiths iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11106615 2024-12-31 11106615 2025-12-31 11106615 2025-01-01 2025-12-31 11106615 frs-core:CurrentFinancialInstruments 2025-12-31 11106615 frs-core:Non-currentFinancialInstruments 2025-12-31 11106615 frs-core:BetweenOneFiveYears 2025-12-31 11106615 frs-core:ComputerEquipment 2025-12-31 11106615 frs-core:ComputerEquipment 2025-01-01 2025-12-31 11106615 frs-core:ComputerEquipment 2024-12-31 11106615 frs-core:FurnitureFittings 2025-12-31 11106615 frs-core:FurnitureFittings 2025-01-01 2025-12-31 11106615 frs-core:FurnitureFittings 2024-12-31 11106615 frs-core:MotorVehicles 2025-12-31 11106615 frs-core:MotorVehicles 2025-01-01 2025-12-31 11106615 frs-core:MotorVehicles 2024-12-31 11106615 frs-core:WithinOneYear 2025-12-31 11106615 frs-core:ShareCapital 2025-12-31 11106615 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 11106615 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 11106615 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 11106615 frs-bus:SmallEntities 2025-01-01 2025-12-31 11106615 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 11106615 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 11106615 frs-bus:Director1 2025-01-01 2025-12-31 11106615 frs-bus:Director1 2024-12-31 11106615 frs-bus:Director1 2025-12-31 11106615 frs-bus:Director2 2025-01-01 2025-12-31 11106615 frs-core:CurrentFinancialInstruments 1 2025-12-31 11106615 frs-core:CurrentFinancialInstruments 2 2025-12-31 11106615 frs-core:CurrentFinancialInstruments 3 2025-12-31 11106615 frs-core:CurrentFinancialInstruments 4 2025-12-31 11106615 frs-core:CurrentFinancialInstruments 5 2025-12-31 11106615 frs-core:CurrentFinancialInstruments 6 2025-12-31 11106615 frs-core:CurrentFinancialInstruments 7 2025-12-31 11106615 frs-countries:EnglandWales 2025-01-01 2025-12-31 11106615 2023-12-31 11106615 2024-12-31 11106615 2024-01-01 2024-12-31 11106615 frs-core:CurrentFinancialInstruments 2024-12-31 11106615 frs-core:Non-currentFinancialInstruments 2024-12-31 11106615 frs-core:BetweenOneFiveYears 2024-12-31 11106615 frs-core:WithinOneYear 2024-12-31 11106615 frs-core:ShareCapital 2024-12-31 11106615 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 11106615 frs-core:CurrentFinancialInstruments 1 2024-12-31 11106615 frs-core:CurrentFinancialInstruments 2 2024-12-31 11106615 frs-core:CurrentFinancialInstruments 3 2024-12-31 11106615 frs-core:CurrentFinancialInstruments 4 2024-12-31 11106615 frs-core:CurrentFinancialInstruments 5 2024-12-31 11106615 frs-core:CurrentFinancialInstruments 6 2024-12-31 11106615 frs-core:CurrentFinancialInstruments 7 2024-12-31
Registered number: 11106615
Funtasy Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
Kennedys Accounting Limited
160 Eureka Park
Kennington
Ashford
Kent
TN25 4AZ
Funtasy Ltd
Contents
Contents

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

Page 1
Funtasy Ltd
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 11106615

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 19,972 |  | 14,530
|  |  | 19,972 |  | 14,530
CURRENT ASSETS
Stocks | 5 | 212,808 |  | 197,632 |
Debtors | 6 | 149,231 |  | 215,822 |
Cash at bank and in hand |  | 47,641 |  | 3,850 |
|  | 409,680 |  | 417,304 |
Creditors: Amounts Falling Due Within One Year | 7 | (243,481 ) |  | (259,457 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 166,199 |  | 157,847
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 186,171 |  | 172,377
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (282,144 ) |  | (52,977 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (3,795 ) |  | (3,681 )
NET (LIABILITIES)/ASSETS |  |  | (99,768 ) |  | 115,719
CAPITAL AND RESERVES
Called up share capital | 10 |  | 1,000 |  | 1,000
Profit and Loss Account |  |  | (100,768 ) |  | 114,719
SHAREHOLDERS' FUNDS |  |  | (99,768) |  | 115,719

Page 1
Page 2
Funtasy Ltd
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

Mr Adam Griffiths Director
18/03/2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Funtasy Ltd
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
Funtasy Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11106615 . The registered office is 160 Eureka Park, Kennington, Ashford, TN25 4AZ.
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. 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.
2.3. 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% reducing balance
Fixtures & Fittings | 25% reducing balance
Computer Equipment | 25% reducing balance

2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
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.
Page 3
Page 4
Funtasy Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
2.7. 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 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.
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.
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 assets reflect 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 and deferred tax are recognised in profit or loss 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2024: 5)
9 5
4. Tangible Assets

| Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 January 2025 | 17,450 | 1,896 | 9,407 | 28,753
Additions | - | 10,494 | 1,605 | 12,099
As at 31 December 2025 | 17,450 | 12,390 | 11,012 | 40,852
Depreciation
As at 1 January 2025 | 7,634 | 829 | 5,760 | 14,223
Provided during the period | 2,454 | 2,890 | 1,313 | 6,657
As at 31 December 2025 | 10,088 | 3,719 | 7,073 | 20,880
Net Book Value
As at 31 December 2025 | 7,362 | 8,671 | 3,939 | 19,972
As at 1 January 2025 | 9,816 | 1,067 | 3,647 | 14,530

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 212,808 |  | 197,632

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 19,247 |  | 8,158
Prepayments and accrued income | 24,863 |  | -
Rental deposit | 29,205 |  | 9,540
Amazon sales debtor | 13,999 |  | 154,303
TikTok sales debtor | 3,211 |  | 5,242
EBay sales debtor | 5,092 |  | 2,802
Woocommerce sales debtor | 83 |  | -
Shopify debtor | 242 |  | -
Temu sales debtor | 7,186 |  | -
S455 debtor | 3,270 |  | -
Corporation tax recoverable assets | 7,316 |  | -
VAT | 25,828 |  | 35,777
Directors' loan accounts | 9,689 |  | -
| 149,231 |  | 215,822

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 3,597 |  | 4,877
Trade creditors | 43,223 |  | 39,973
Bank loans and overdrafts | 123,418 |  | 138,558
Capital on tap | 41,130 |  | 34,064
Corporation tax | 3,270 |  | 7,316
Other taxes and social security | 4,018 |  | 3,791
Net wages | 277 |  | -
Funding Circle CC | 24,468 |  | -
Accruals and deferred income | 80 |  | -
Directors' loan accounts | - |  | 30,878
| 243,481 |  | 259,457

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 519 |  | 3,630
Bank loans | 281,625 |  | 49,347
| 282,144 |  | 52,977

Page 5
Page 6
Funtasy Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
9. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 3,597 |  | 4,877
Later than one year and not later than five years | 519 |  | 3,630
| 4,116 |  | 8,507
| 4,116 |  | 8,507

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1,000 |  | 1,000

11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 January 2025 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 December 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Adam Griffiths | (14,880 ) | 58,490 | (33,921 ) | - | 9,689

The above loan is unsecured, interest free and repayable on demand.
12. Exceptional Items
During the year, the company entered into two loan arrangements which are secured by fixed and floating charges over the assets of the company. The total amount of the loans and associated costs have been recognised in the financial statements.
Page 6