Acorah Software Products - Accounts Production 18.1.170 false true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 07754090 Mr Nicholas Mulley Mr Rory O'Connor iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07754090 2024-08-31 07754090 2025-08-31 07754090 2024-09-01 2025-08-31 07754090 frs-core:CurrentFinancialInstruments 2025-08-31 07754090 frs-core:ComputerEquipment 2025-08-31 07754090 frs-core:ComputerEquipment 2024-09-01 2025-08-31 07754090 frs-core:ComputerEquipment 2024-08-31 07754090 frs-core:FurnitureFittings 2025-08-31 07754090 frs-core:FurnitureFittings 2024-09-01 2025-08-31 07754090 frs-core:FurnitureFittings 2024-08-31 07754090 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-08-31 07754090 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-09-01 2025-08-31 07754090 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-08-31 07754090 frs-core:MotorVehicles 2025-08-31 07754090 frs-core:MotorVehicles 2024-09-01 2025-08-31 07754090 frs-core:MotorVehicles 2024-08-31 07754090 frs-core:CapitalRedemptionReserve 2025-08-31 07754090 frs-core:ShareCapital 2025-08-31 07754090 frs-core:RetainedEarningsAccumulatedLosses 2024-09-01 2025-08-31 07754090 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 07754090 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 07754090 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 07754090 frs-bus:SmallEntities 2024-09-01 2025-08-31 07754090 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 07754090 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 07754090 frs-core:CostValuation 2024-08-31 07754090 frs-core:AdditionsToInvestments 2025-08-31 07754090 frs-core:DisposalsRepaymentsInvestments 2025-08-31 07754090 frs-core:RevaluationsIncreaseDecreaseInInvestments 2025-08-31 07754090 frs-core:CostValuation 2025-08-31 07754090 frs-core:ProvisionsForImpairmentInvestments 2024-08-31 07754090 frs-core:ProvisionsForImpairmentInvestments 2025-08-31 07754090 frs-core:UnlistedNon-exchangeTraded 2025-08-31 07754090 frs-core:UnlistedNon-exchangeTraded 2024-08-31 07754090 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-08-31 07754090 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2025-08-31 07754090 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2025-08-31 07754090 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:UnlistedNon-exchangeTraded 2025-08-31 07754090 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-08-31 07754090 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-08-31 07754090 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-08-31 07754090 frs-bus:Director1 2024-09-01 2025-08-31 07754090 frs-bus:Director2 2024-09-01 2025-08-31 07754090 frs-core:CurrentFinancialInstruments 1 2025-08-31 07754090 frs-countries:EnglandWales 2024-09-01 2025-08-31 07754090 2023-08-31 07754090 2024-08-31 07754090 2023-09-01 2024-08-31 07754090 frs-core:CurrentFinancialInstruments 2024-08-31 07754090 frs-core:WithinOneYear 2024-08-31 07754090 frs-core:CapitalRedemptionReserve 2023-08-31 07754090 frs-core:CapitalRedemptionReserve 2024-08-31 07754090 frs-core:ShareCapital 2023-08-31 07754090 frs-core:ShareCapital 2024-08-31 07754090 frs-core:RetainedEarningsAccumulatedLosses 2023-09-01 2024-08-31 07754090 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2023-08-31 07754090 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 07754090 frs-core:CurrentFinancialInstruments 1 2024-08-31 07754090 frs-core:CurrentFinancialInstruments 2 2024-08-31
Registered number: 07754090
Clubhouse Studios Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Clubhouse Studios Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Statement of Changes in Equity | 3
Notes to the Financial Statements | 4—7

Page 1
Clubhouse Studios Limited
Balance Sheet
As At 31 August 2025
Balance Sheet
Registered number: 07754090

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 42,148 |  | 69,971
Investments | 5 |  | 172,484 |  | 248,827
|  |  | 214,632 |  | 318,798
CURRENT ASSETS
Debtors | 6 | 1,453,339 |  | 1,165,375 |
Cash at bank and in hand |  | 907,004 |  | 447,595 |
|  | 2,360,343 |  | 1,612,970 |
Creditors: Amounts Falling Due Within One Year | 7 | (1,258,882 ) |  | (613,756 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,101,461 |  | 999,214
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,316,093 |  | 1,318,012
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (10,537 ) |  | (8,485 )
NET ASSETS |  |  | 1,305,556 |  | 1,309,527
CAPITAL AND RESERVES
Called up share capital | 8 |  | 16 |  | 16
Capital redemption reserve |  |  | 14 |  | 14
Profit and Loss Account |  |  | 1,305,526 |  | 1,309,497
SHAREHOLDERS' FUNDS |  |  | 1,305,556 |  | 1,309,527

Page 1
Page 2
Clubhouse Studios Limited
Balance Sheet (continued)
As At 31 August 2025
For the year ending 31 August 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 Nicholas Mulley Director
13/04/2026

The notes on pages 4 to 7 form part of these financial statements.
Page 2
Page 3
Clubhouse Studios Limited
Statement of Changes in Equity
For The Year Ended 31 August 2025
Statement of Changes in Equity

| Share Capital | Capital Redemption | Profit and Loss Account | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
As at 1 September 2023 | 16 | 14 | 1,527,696 | 1,527,726
Profit for the year and total comprehensive income | - | - | 107,336 | 107,336
Dividends paid | - | - | (325,535) | (325,535)
As at 31 August 2024 and 1 September 2024 | 16 | 14 | 1,309,497 | 1,309,527
Profit for the year and total comprehensive income | - | - | 269,048 | 269,048
Dividends paid | - | - | (273,019) | (273,019)
As at 31 August 2025 | 16 | 14 | 1,305,526 | 1,305,556

Page 3
Page 4
Clubhouse Studios Limited
Notes to the Financial Statements
For The Year Ended 31 August 2025
Notes to the Financial Statements
1. General Information
Clubhouse Studios Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07754090 . The registered office is 5th Floor, Verse Building, Brunswick Place, London, N1 6DZ.
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. 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:

Leasehold | 20% straight line
Motor Vehicles | 25% straight line
Fixtures & Fittings | 25% reducing balance
Computer Equipment | 33.33% straight line

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. 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.
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Clubhouse Studios Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2025
2.6. 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.
2.7. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 19 (2024: 19)
19 19
4. Tangible Assets

| Land & Property
--- | ---
| Leasehold | Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
| £ | £ | £ | £ | £
Cost
As at 1 September 2024 | 114,919 | 3,475 | 139,945 | 130,487 | 388,826
Additions | - | - | 2,151 | 7,805 | 9,956
As at 31 August 2025 | 114,919 | 3,475 | 142,096 | 138,292 | 398,782
Depreciation
As at 1 September 2024 | 102,797 | 3,475 | 98,858 | 113,725 | 318,855
Provided during the period | 11,922 | - | 10,809 | 15,048 | 37,779
As at 31 August 2025 | 114,719 | 3,475 | 109,667 | 128,773 | 356,634
Net Book Value
As at 31 August 2025 | 200 | - | 32,429 | 9,519 | 42,148
As at 1 September 2024 | 12,122 | - | 41,087 | 16,762 | 69,971

Page 5
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Clubhouse Studios Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2025
5. Investments

| Unlisted | Other | Total
--- | --- | --- | ---
| £ | £ | £
Cost or Valuation
As at 1 September 2024 | 274,878 | - | 274,878
Additions | - | 125,000 | 125,000
Disposals | (199,999 ) | - | (199,999 )
Revaluations | (1,344 ) | - | (1,344 )
As at 31 August 2025 | 73,535 | 125,000 | 198,535
Provision
As at 1 September 2024 | 26,051 | - | 26,051
As at 31 August 2025 | 26,051 | - | 26,051
Net Book Value
As at 31 August 2025 | 47,484 | 125,000 | 172,484
As at 1 September 2024 | 248,827 | - | 248,827

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 1,333,004 |  | 575,784
Prepayments and accrued income | 55,187 |  | 402,926
Other debtors | - |  | 59,304
Sundry debtors | 1,176 |  | 52,361
Minority Shareholding Investment | - |  | 75,000
VAT | 63,972 |  | -
| 1,453,339 |  | 1,165,375

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 154,255 |  | 90,517
Corporation tax | 110,953 |  | 55,355
Other taxes and social security | 42,271 |  | 33,980
VAT | - |  | 56,441
Other creditors | 50,908 |  | 29,128
Accruals and deferred income | 900,495 |  | 348,335
| 1,258,882 |  | 613,756

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 16 |  | 16

Page 6
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Clubhouse Studios Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2025
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 | - |  | 37,065
| - |  | 37,065

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