Acorah Software Products - Accounts Production 18.1.200 false true true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 14037511 Dr. Pawan Kumar Shrestha Dr Ashley Saulsbury Mr William Wells iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14037511 2024-04-30 14037511 2025-04-30 14037511 2024-05-01 2025-04-30 14037511 frs-core:CurrentFinancialInstruments 2025-04-30 14037511 frs-core:BetweenOneFiveYears 2025-04-30 14037511 frs-core:ComputerEquipment 2025-04-30 14037511 frs-core:ComputerEquipment 2024-05-01 2025-04-30 14037511 frs-core:ComputerEquipment 2024-04-30 14037511 frs-core:PlantMachinery 2025-04-30 14037511 frs-core:PlantMachinery 2024-05-01 2025-04-30 14037511 frs-core:PlantMachinery 2024-04-30 14037511 frs-core:WithinOneYear 2025-04-30 14037511 frs-core:OtherReservesSubtotal 2025-04-30 14037511 frs-core:SharePremium 2025-04-30 14037511 frs-core:ShareCapital 2025-04-30 14037511 frs-core:RetainedEarningsAccumulatedLosses 2024-05-01 2025-04-30 14037511 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 14037511 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 14037511 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 14037511 frs-bus:SmallEntities 2024-05-01 2025-04-30 14037511 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 14037511 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 14037511 frs-bus:OrdinaryShareClass1 2024-05-01 2025-04-30 14037511 frs-bus:OrdinaryShareClass1 2025-04-30 14037511 frs-bus:OrdinaryShareClass2 2024-05-01 2025-04-30 14037511 frs-bus:OrdinaryShareClass2 2025-04-30 14037511 frs-bus:Director1 2024-05-01 2025-04-30 14037511 frs-bus:Director2 2024-05-01 2025-04-30 14037511 frs-bus:Director3 2024-05-01 2025-04-30 14037511 frs-countries:EnglandWales 2024-05-01 2025-04-30 14037511 2023-04-30 14037511 2024-04-30 14037511 2023-05-01 2024-04-30 14037511 frs-core:CurrentFinancialInstruments 2024-04-30 14037511 frs-core:BetweenOneFiveYears 2024-04-30 14037511 frs-core:WithinOneYear 2024-04-30 14037511 frs-core:OtherReservesSubtotal 2023-04-30 14037511 frs-core:OtherReservesSubtotal 2024-04-30 14037511 frs-core:SharePremium 2023-04-30 14037511 frs-core:SharePremium 2024-04-30 14037511 frs-core:ShareCapital 2023-04-30 14037511 frs-core:ShareCapital 2024-04-30 14037511 frs-core:RetainedEarningsAccumulatedLosses 2023-05-01 2024-04-30 14037511 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2023-04-30 14037511 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 14037511 frs-bus:OrdinaryShareClass1 2023-05-01 2024-04-30 14037511 frs-bus:OrdinaryShareClass2 2023-05-01 2024-04-30
Registered number: 14037511
Allfocal Optics Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
Wilson Partners Ltd
Ketton Suite The King Centre, Main Road
Barleythorpe
Oakham
LE15 7WD
Allfocal Optics Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Statement of Changes in Equity | 3
Notes to the Financial Statements | 4—6

Page 1
Allfocal Optics Limited
Balance Sheet
As At 30 April 2025
Balance Sheet
Registered number: 14037511

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 78,375 |  | 35,763
|  |  | 78,375 |  | 35,763
CURRENT ASSETS
Debtors | 5 | 547,214 |  | 260,013 |
Cash at bank and in hand |  | 1,551,301 |  | 2,193,265 |
|  | 2,098,515 |  | 2,453,278 |
Creditors: Amounts Falling Due Within One Year | 6 | (60,419 ) |  | (342,100 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 2,038,096 |  | 2,111,178
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,116,471 |  | 2,146,941
NET ASSETS |  |  | 2,116,471 |  | 2,146,941
CAPITAL AND RESERVES
Called up share capital | 7 |  | 659 |  | 635
Share premium account |  |  | 2,999,722 |  | 2,699,746
Other reserves |  |  | 33,673 |  | -
Profit and Loss Account |  |  | (917,583 ) |  | (553,440 )
SHAREHOLDERS' FUNDS |  |  | 2,116,471 |  | 2,146,941

Page 1
Page 2
Allfocal Optics Limited
Balance Sheet (continued)
As At 30 April 2025
For the year ending 30 April 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. Pawan Kumar Shrestha Director
17 April 2026

The notes on pages 4 to 6 form part of these financial statements.
Page 2
Page 3
Allfocal Optics Limited
Statement of Changes in Equity
For The Year Ended 30 April 2025
Statement of Changes in Equity

| Share Capital | Share Premium | Other reserves | Profit and Loss Account | Total
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
As at 1 May 2023 | 439 | 209,943 | - | (98,935 ) | 111,447
Loss for the year and total comprehensive income | - | - | - | (454,505 ) | (454,505)
Arising on shares issued during the period | 196 | 2,489,803 | - | - | 2,489,999
As at 30 April 2024 and 1 May 2024 | 635 | 2,699,746 | - | (553,440 ) | 2,146,941
Loss for the year and total comprehensive income | - | - | - | (364,143 ) | (364,143)
Arising on shares issued during the period | 24 | 299,976 | - | - | 300,000
Movements in other reserves | - | - | 33,673 | - | 33,673
As at 30 April 2025 | 659 | 2,999,722 | 33,673 | (917,583 ) | 2,116,471

Page 3
Page 4
Allfocal Optics Limited
Notes to the Financial Statements
For The Year Ended 30 April 2025
Notes to the Financial Statements
1. General Information
Allfocal Optics Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14037511 . The registered office is Ketton Suite Main Road, Barleythorpe, Oakham, Rutland, LE15 7WD.
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.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
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. Therefore the financial statements have been prepared on a going concern basis which assumes the Company will continue in operational existence for the foreseeable future.
The Company is involved in research and development activities and is working towards achieving a sustainable revenue generating activity. The directors have considered the basis of the financial statements and are satisfied that a combination of business growth and further investment commitments will enable the Company to meet its liabilities as they fall due.
2.3. Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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 | 5 years, straight line
Computer Equipment | 3 years, straight line

2.5. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
2.6. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Basic financial assets
Basic financial assets, which include debtors and bank balances, are measured at transaction price including transaction costs.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, are recognised at transaction price including transaction costs.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities.
Page 4
Page 5
Allfocal Optics Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
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 profit / loss before taxation.
2.8. Taxation
Tax is recognised in profit or loss except that a charge is attributable to an item of income and expense recognised as other comphrehensive income or to an item recognised directly in equity is also recognised in other comphrehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.
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. Research and Development
In the research phase of an internal project, it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2024: 8)
10 8
4. Tangible Assets

| Plant & Machinery | Computer Equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 May 2024 | 5,724 | 39,677 | 45,401
Additions | 58,199 | 5,099 | 63,298
As at 30 April 2025 | 63,923 | 44,776 | 108,699
Depreciation
As at 1 May 2024 | 522 | 9,116 | 9,638
Provided during the period | 6,185 | 14,501 | 20,686
As at 30 April 2025 | 6,707 | 23,617 | 30,324
Net Book Value
As at 30 April 2025 | 57,216 | 21,159 | 78,375
As at 1 May 2024 | 5,202 | 30,561 | 35,763

Page 5
Page 6
Allfocal Optics Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 5,746 |  | 78,000
Prepayments and accrued income | 175,357 |  | 19,272
Other debtors | 93,706 |  | 41,751
Corporation tax recoverable assets | 258,553 |  | 120,838
VAT | 13,852 |  | 152
| 547,214 |  | 260,013

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 30,197 |  | 17,305
Other taxes and social security | 5,929 |  | 5,873
Other creditors | 2,105 |  | 301,490
Accruals and deferred income | 22,188 |  | 17,432
| 60,419 |  | 342,100

7. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
4,391,364 Ordinary shares of £ 0.0001 each | 439 |  | 439
2,196,849 Seed preferred shares of £ 0.0001 each | 220 |  | 196
| 659 |  | 635

Shares issued during the period: | £
236,220 Seed preferred shares of £ 0.0001 each | 24

On 12th September 2024, 236,220 Seed Preferred shares of £0.0001 each were allotted and fully paid at a price of £1.27 per share.
8. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Not later than one year | 37,298 |  | 43,680
Later than one year and not later than five years | 5,168 |  | 27,420
| 42,466 |  | 71,100

Page 6