Acorah Software Products - Accounts Production 18.1.200 false true true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 7025669 Mr D C Hayes Dr D J Field Mr R M Sloman Mr K G Young Mr R A Mellor iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 7025669 2024-10-31 7025669 2025-10-31 7025669 2024-11-01 2025-10-31 7025669 frs-core:CurrentFinancialInstruments 2025-10-31 7025669 frs-core:Non-currentFinancialInstruments 2025-10-31 7025669 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-11-01 2025-10-31 7025669 frs-core:OtherResidualIntangibleAssets 2025-10-31 7025669 frs-core:OtherResidualIntangibleAssets 2024-11-01 2025-10-31 7025669 frs-core:OtherResidualIntangibleAssets 2024-10-31 7025669 frs-core:PlantMachinery 2025-10-31 7025669 frs-core:PlantMachinery 2024-11-01 2025-10-31 7025669 frs-core:PlantMachinery 2024-10-31 7025669 frs-core:SharePremium 2025-10-31 7025669 frs-core:ShareCapital 2025-10-31 7025669 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 7025669 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 7025669 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 7025669 frs-bus:SmallEntities 2024-11-01 2025-10-31 7025669 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 7025669 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 7025669 frs-core:CostValuation 2024-10-31 7025669 frs-core:DisposalsRepaymentsInvestments 2025-10-31 7025669 frs-core:CostValuation 2025-10-31 7025669 frs-core:ProvisionsForImpairmentInvestments 2024-10-31 7025669 frs-core:ProvisionsForImpairmentInvestments 2025-10-31 7025669 frs-bus:Director1 2024-11-01 2025-10-31 7025669 frs-bus:Director2 2024-11-01 2025-10-31 7025669 frs-bus:Director3 2024-11-01 2025-10-31 7025669 frs-bus:Director4 2024-11-01 2025-10-31 7025669 frs-bus:CompanySecretary1 2024-11-01 2025-10-31 7025669 frs-countries:EnglandWales 2024-11-01 2025-10-31 7025669 2023-10-31 7025669 2024-10-31 7025669 2023-11-01 2024-10-31 7025669 frs-core:CurrentFinancialInstruments 2024-10-31 7025669 frs-core:Non-currentFinancialInstruments 2024-10-31 7025669 frs-core:SharePremium 2024-10-31 7025669 frs-core:ShareCapital 2024-10-31 7025669 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: 7025669
Advanced Blast & Ballistic Systems Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
Advanced Blast & Ballistic Systems Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—8

Page 1
Advanced Blast & Ballistic Systems Limited
Balance Sheet
As At 31 October 2025
Balance Sheet
Registered number: 7025669

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 1,504,081 |  | 1,622,515
Tangible Assets | 5 |  | 14,290 |  | 19,054
Investments | 6 |  | 11,248 |  | 11,268
|  |  | 1,529,619 |  | 1,652,837
CURRENT ASSETS
Debtors | 7 | 643,943 |  | 625,310 |
Cash at bank and in hand |  | 77,433 |  | 2,059 |
|  | 721,376 |  | 627,369 |
Creditors: Amounts Falling Due Within One Year | 8 | (266,298 ) |  | (99,087 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 455,078 |  | 528,282
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,984,697 |  | 2,181,119
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (388,518 ) |  | (351,691 )
NET ASSETS |  |  | 1,596,179 |  | 1,829,428
CAPITAL AND RESERVES
Called up share capital | 10 |  | 180,530 |  | 170,996
Share premium account |  |  | 2,884,743 |  | 2,750,780
Profit and Loss Account |  |  | (1,469,094 ) |  | (1,092,348 )
SHAREHOLDERS' FUNDS |  |  | 1,596,179 |  | 1,829,428

Page 1
Page 2
Advanced Blast & Ballistic Systems Limited
Balance Sheet (continued)
As At 31 October 2025
For the year ending 31 October 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 R M Sloman Director
13/04/2026

The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Advanced Blast & Ballistic Systems Limited
Notes to the Financial Statements
For The Year Ended 31 October 2025
Notes to the Financial Statements
1. General Information
Advanced Blast & Ballistic Systems Limited is a private company, limited by shares, incorporated in England & Wales, registered number 7025669 . The registered office is 4 Firs Close, St. Martins, Oswestry, Shropshire, SY11 3LT.
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 £.
The financial statements have been prepared under the historical cost convention modified to include the revaluation of patents. The principal accounting policies adopted are set out below.
2.2. Going Concern Disclosure
The directors have prepared the accounts on the going concern basis as they expect that the company will have sufficient resources to meet its commitments for a period of 12 months from the date of approval of the accounts. The company is dependant upon support from one of its directors in the form of a loan advance, repayment of which has been deferred until such time as the company has the resources to enable repayment.
2.3. Significant judgements and estimations
In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
Key sources of estimation uncertainty
The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows.
Recoverability of related party loans
The company has made loans to related parties totalling £618,375, the recoverability of which is dependant upon the ability of those related parties to exploit and commercialise the intellectual property developed over a number of years. The directors are satisfied that no provision against the recoverability of those related party loans is required as they anticipate that with the realisation of commercial income streams from that intellectual property, the loans will be recoverable in full.
Patent registrations
The company has, over a number of years, developed blast protection technology with the intention of exploiting the commercialisation of that technology. It has protected it rights in technology by the registration of patents which at 31 October 2025 had a book amount of £1,504,081. The directors have determined that this amount represents not more than the commercial value of those patents.
2.4. Turnover
Turnover includes consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
2.5. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are patents. It is amortised to the profit and loss account over its estimated economic life of 15 years.
Page 3
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Advanced Blast & Ballistic Systems Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
2.6. 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 | 25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
2.7. Financial Instruments
The company only has financial instruments that are classified as basic 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 cash and bank balances, are initially measured at transaction price and subsequently carried at amortised cost less impairment.
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 initially recognised at transaction price and subsequently measured at amortised cost.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.
2.8. 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.
Page 4
Page 5
Advanced Blast & Ballistic Systems Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
2.9. Fixed asset investments
Interests in associates are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.
2.10. Impairment of fixed assets
At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount.
2.11. Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 4)
4 4
4. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 November 2024 | 2,165,774
Additions | 26,977
As at 31 October 2025 | 2,192,751
Amortisation
As at 1 November 2024 | 543,259
Provided during the period | 145,411
As at 31 October 2025 | 688,670
Net Book Value
As at 31 October 2025 | 1,504,081
As at 1 November 2024 | 1,622,515

Page 5
Page 6
Advanced Blast & Ballistic Systems Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
5. Tangible Assets

| Plant & Machinery
--- | ---
| £
Cost
As at 1 November 2024 | 88,087
As at 31 October 2025 | 88,087
Depreciation
As at 1 November 2024 | 69,033
Provided during the period | 4,764
As at 31 October 2025 | 73,797
Net Book Value
As at 31 October 2025 | 14,290
As at 1 November 2024 | 19,054

6. Investments

| Associates
--- | ---
| £
Cost or Valuation
As at 1 November 2024 | 11,268
Disposals | (20 )
As at 31 October 2025 | 11,248
Provision
As at 1 November 2024 | -
As at 31 October 2025 | -
Net Book Value
As at 31 October 2025 | 11,248
As at 1 November 2024 | 11,268

7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 2,410 |  | -
Amounts owed by participating interests | 467,651 |  | 450,366
Other debtors | 23,438 |  | 26,315
| 493,499 |  | 476,681
Due after more than one year
Other debtors | 150,444 |  | 148,629
| 643,943 |  | 625,310

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Advanced Blast & Ballistic Systems Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 10,375 |  | 16,975
Bank loans and overdrafts | 10,562 |  | 10,301
Other creditors | 245,361 |  | 71,232
Taxation and social security | - |  | 579
| 266,298 |  | 99,087

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 3,375 |  | 13,937
Other loans | 245,097 |  | 195,097
Other creditors | 140,046 |  | 142,657
| 388,518 |  | 351,691

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 180,530 |  | 170,996

Shares were issued in the year for a total consideration of £143,497.
11. Related Party Transactions
Included within creditors is the following balance, in respect of companies which are related by virtue of common ownership and directorship:
At the year-end, an amount of £267,885 (2024: £215,785) was owed to Sloman & Associates Limited.
Included within debtors are the following balances, in respect of companies which are related by virtue of common ownership and directorship:
At the year-end, an amount of £199,309 (2024: £177,224) was owed from Advanced Reaction Motor Systems Limited.
At the year-end, an amount of £268,342 (2024: £273,142) was owed from Active VTOL Crash Prevention Limited.
At the year-end, an amount of £280 (2024: £369) was owed from Gellaw 301 Limited.
At the year-end, an amount of £150,444 (2024: £148,629) was owed from Active Safety System Technologies Inc.
12. Profit and loss reserves

| 2025 |  | 2024
| £ |  | £
At the beginning of the year | (1,092,348) |  | (786,199)
Loss for the year | (376,746) |  | (306,149)
At the end of the year | (1,469,094) |  | (1,092,348)

Included within profit and loss reserves are non-distributable profits, as set out below:
...CONTINUED
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Advanced Blast & Ballistic Systems Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025

| 2025 |  | 2024
| £ |  | £
Non-distributable profits included above |  |  |
At the beginning of the year | 910,130 |  | 985,974
Non-distributable profits in the year | (75,844) |  | (75,844)
At the end of the year | 834,286 |  | 910,130
Distributable profits | (2,303,380) |  | (2,002,478)

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