Acorah Software Products - Accounts Production 19.1.200 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 10869455 Mr George Sharpe Mr Andrew Willers iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10869455 2024-07-31 10869455 2025-07-31 10869455 2024-08-01 2025-07-31 10869455 frs-core:CurrentFinancialInstruments 2025-07-31 10869455 frs-core:ComputerEquipment 2025-07-31 10869455 frs-core:ComputerEquipment 2024-08-01 2025-07-31 10869455 frs-core:ComputerEquipment 2024-07-31 10869455 frs-core:MotorVehicles 2025-07-31 10869455 frs-core:MotorVehicles 2024-08-01 2025-07-31 10869455 frs-core:MotorVehicles 2024-07-31 10869455 frs-core:OtherReservesSubtotal 2025-07-31 10869455 frs-core:RevaluationReserve 2025-07-31 10869455 frs-core:ShareCapital 2025-07-31 10869455 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 10869455 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 10869455 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 10869455 frs-bus:SmallEntities 2024-08-01 2025-07-31 10869455 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 10869455 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 10869455 frs-core:CostValuation 2024-07-31 10869455 frs-core:DisposalsRepaymentsInvestments 2025-07-31 10869455 frs-core:CostValuation 2025-07-31 10869455 frs-core:ProvisionsForImpairmentInvestments 2024-07-31 10869455 frs-core:ProvisionsForImpairmentInvestments 2025-07-31 10869455 frs-bus:Director1 2024-08-01 2025-07-31 10869455 frs-bus:Director2 2024-08-01 2025-07-31 10869455 frs-core:CurrentFinancialInstruments 1 2025-07-31 10869455 frs-core:CurrentFinancialInstruments 2 2025-07-31 10869455 frs-core:CurrentFinancialInstruments 3 2025-07-31 10869455 frs-countries:EnglandWales 2024-08-01 2025-07-31 10869455 2023-07-31 10869455 2024-07-31 10869455 2023-08-01 2024-07-31 10869455 frs-core:CurrentFinancialInstruments 2024-07-31 10869455 frs-core:OtherReservesSubtotal 2024-07-31 10869455 frs-core:RevaluationReserve 2024-07-31 10869455 frs-core:ShareCapital 2024-07-31 10869455 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 10869455 frs-core:CurrentFinancialInstruments 1 2024-07-31 10869455 frs-core:CurrentFinancialInstruments 2 2024-07-31 10869455 frs-core:CurrentFinancialInstruments 3 2024-07-31
Registered number: 10869455
Indigital XYZ Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2025
TaxAssist Accountants Notting Hill
Indigital XYZ Ltd
Contents
Contents

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

Page 1
Indigital XYZ Ltd
Balance Sheet
As At 31 July 2025
Balance Sheet
Registered number: 10869455

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 32,878 |  | 48,162
Investments | 5 |  | - |  | 52,421
|  |  | 32,878 |  | 100,583
CURRENT ASSETS
Stocks | 6 | - |  | 4,867 |
Debtors | 7 | 407,142 |  | 328,404 |
Cash at bank and in hand |  | 200,018 |  | 606,815 |
|  | 607,160 |  | 940,086 |
Creditors: Amounts Falling Due Within One Year | 8 | (739,699 ) |  | (553,530 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (132,539 ) |  | 386,556
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (99,661 ) |  | 487,139
NET (LIABILITIES)/ASSETS |  |  | (99,661 ) |  | 487,139
CAPITAL AND RESERVES
Called up share capital | 9 |  | 2 |  | 1
Revaluation reserve |  |  | - |  | (66,562 )
Other reserves |  |  | (1,616,002 ) |  | -
Profit and Loss Account |  |  | 1,516,339 |  | 553,700
SHAREHOLDERS' FUNDS |  |  | (99,661) |  | 487,139

Page 1
Page 2
Indigital XYZ Ltd
Balance Sheet (continued)
As At 31 July 2025
For the year ending 31 July 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 George Sharpe Director
17/04/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Indigital XYZ Ltd
Notes to the Financial Statements
For The Year Ended 31 July 2025
Notes to the Financial Statements
1. General Information
Indigital XYZ Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10869455 . The registered office is Taxassist Accountants Ground Floor, 446 Uxbridge Road, London, W12 0NS.
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:

Motor Vehicles | 25% RBM
Computer Equipment | 33.33% SLM

2.4. 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.
2.5. 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.
2.6. Employee Ownership Trust Transaction
During the year, 85% of the ordinary share capital of the company was transferred to the Favoured Trustees Limited Employee Ownership Trust (“the EOT”).
The EOT was established for the benefit of the company’s employees. The trustees hold the shares for the long term benefit of the workforce and exercise control of the company in accordance with the terms of the trust deed.
The former shareholders disposed of their shares to the EOT for agreed consideration. The EOT is repaying the consideration over time from funds provided by the company
Page 3
Page 4
Indigital XYZ Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
2.7. Distribution to the Employee Ownership Trust
During the year the company made a payment of £1,616,002 to the Employee Ownership Trust to enable the trustees to meet part of the share purchase consideration due to the former shareholders.
In accordance with CTA 2010 s1000 and HMRC guidance in CTM15580, this payment has been treated as a distribution and recorded as an appropriation of distributable reserves.
The payment does not affect the profit for the financial year and has been recognised directly in equity.
3. Average Number of Employees
Average number of employees, including directors, during the year was : 20 (2024: 9)
20 9
4. Tangible Assets

| Motor Vehicles | Computer Equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 August 2024 | 58,449 | 31,848 | 90,297
As at 31 July 2025 | 58,449 | 31,848 | 90,297
Depreciation
As at 1 August 2024 | 15,842 | 26,293 | 42,135
Provided during the period | 10,652 | 4,632 | 15,284
As at 31 July 2025 | 26,494 | 30,925 | 57,419
Net Book Value
As at 31 July 2025 | 31,955 | 923 | 32,878
As at 1 August 2024 | 42,607 | 5,555 | 48,162

5. Investments

| Other
--- | ---
| £
Cost or Valuation
As at 1 August 2024 | 52,421
Disposals | (52,421 )
As at 31 July 2025 | -
Provision
As at 1 August 2024 | -
As at 31 July 2025 | -
Net Book Value
As at 31 July 2025 | -
As at 1 August 2024 | 52,421

6. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | - |  | 4,867

Page 4
Page 5
Indigital XYZ Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 61,643 |  | 39,230
Prepayments and accrued income | 4,434 |  | 4,476
Shopify Control Account | - |  | 54
Wise | 336,536 |  | 75,927
Other debtors Share capital | 1 |  | -
VAT | - |  | 12,715
Directors' loan accounts | - |  | 196,002
Amounts owed by other participating interests | 4,528 |  | -
| 407,142 |  | 328,404

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 17,837 |  | 451,740
Corporation tax | 276,916 |  | 62,759
Other taxes and social security | 27,071 |  | 15,127
VAT | 67,520 |  | -
Other creditors | 345,905 |  | 18,479
Pension | 3,404 |  | 2,324
Credit Card | 1,046 |  | (19 )
Accruals and deferred income | - |  | 3,120
| 739,699 |  | 553,530

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 2 |  | 1

10. Related Party Transactions
During the year, the company provided a loan of £1,616,002 to the Favoured Trust, an Employee Ownership Trust established for the benefit of the company’s employees. The purpose of this loan was to finance the purchase of 85% of the company's issued share capital from Mr G C Sharpe and Mr A G Willers, a director and shareholder of the company.
Page 5