Acorah Software Products - Accounts Production 18.1.200 false true true 30 September 2024 1 October 2023 true No description of principal activity 1 October 2024 30 September 2025 30 September 2025 07012544 Mrs Julie Gavin Wilkinson Accounting Solutions Ltd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07012544 2024-09-30 07012544 2025-09-30 07012544 2024-10-01 2025-09-30 07012544 frs-core:CurrentFinancialInstruments 2025-09-30 07012544 frs-core:PlantMachinery 2025-09-30 07012544 frs-core:PlantMachinery 2024-10-01 2025-09-30 07012544 frs-core:PlantMachinery 2024-09-30 07012544 frs-core:ShareCapital 2025-09-30 07012544 frs-core:RetainedEarningsAccumulatedLosses 2025-09-30 07012544 frs-bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 07012544 frs-bus:FullAccounts 2024-10-01 2025-09-30 07012544 frs-bus:SmallEntities 2024-10-01 2025-09-30 07012544 frs-bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 07012544 frs-bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 07012544 frs-bus:SmallCompaniesRegimeForDirectorsReport 2024-10-01 2025-09-30 07012544 frs-bus:Director1 2024-10-01 2025-09-30 07012544 frs-bus:CompanySecretary1 2024-10-01 2025-09-30 07012544 frs-core:CurrentFinancialInstruments 2 2025-09-30 07012544 3 2024-10-01 2025-09-30 07012544 frs-countries:EnglandWales 2024-10-01 2025-09-30 07012544 2023-09-30 07012544 2024-09-30 07012544 2023-10-01 2024-09-30 07012544 frs-core:CurrentFinancialInstruments 2024-09-30 07012544 frs-core:ShareCapital 2024-09-30 07012544 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 07012544 frs-core:CurrentFinancialInstruments 2 2024-09-30 07012544 3 2023-10-01 2024-09-30
Registered number: 07012544
Cleave Fine Art Limited
Director's Report and
Unaudited Financial Statements
For The Year Ended 30 September 2025
Wilkinson Accounting Solutions Limited
Cleave Fine Art Limited
Contents
Contents
Page
Company Information 1
Director's Report 2
Accountant's Report 3
Profit and Loss Account 4
Balance Sheet 5
Notes to the Financial Statements 6—7
Page 1
Cleave Fine Art Limited
Company Information
For The Year Ended 30 September 2025
Company Information
Director Mrs Julie Gavin
Secretary Wilkinson Accounting Solutions Ltd
Company Number 07012544
Registered Office Stuart House East Wing
St Johns Street
Peterborough
PE1 5DD
Accountants Wilkinson Accounting Solutions Limited
Stuart House East Wing
St Johns Street
Peterborough
PE1 5DD
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Cleave Fine Art Limited
Company No. 07012544
Director's Report For The Year Ended 30 September 2025
Director's Report
The director presents her report and the financial statements for the year ended 30 September 2025.
Directors
The director who held office during the year were as follows:
Mrs Julie Gavin
Statement of Director's Responsibilities
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the director is required to:
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. She is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Mrs Julie Gavin
Director
23/04/2026
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Cleave Fine Art Limited
Accountant's Report
For The Year Ended 30 September 2025
Accountant's Report
In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the director in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the director the financial statements that we have been engaged to compile, to report to the director that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's director for our work or for this report.
You have acknowledged on the balance sheet as at year ended 30 September 2025 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Wilkinson Accounting Solutions Ltd
23/04/2026
Wilkinson Accounting Solutions Limited
Stuart House East Wing
St Johns Street
Peterborough
PE1 5DD
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Cleave Fine Art Limited
Profit and Loss Account
For The Year Ended 30 September 2025
Profit and Loss Account
2025 2024
Notes £ £
Administrative expenses (2,726 ) (2,638 )
Fair value gains on investment properties - 29,943
OPERATING (LOSS)/PROFIT AND (LOSS)/PROFIT FOR THE FINANCIAL YEAR (2,726 ) 27,305
The notes on pages 6 to 7 form part of these financial statements.
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Cleave Fine Art Limited
Balance Sheet
As At 30 September 2025
Balance Sheet
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 753 918
753 918
CURRENT ASSETS
Stocks 5 121,869 121,869
Cash at bank and in hand 29 51
121,898 121,920
Creditors: Amounts Falling Due Within One Year 7 (196,035 ) (193,496 )
NET CURRENT ASSETS (LIABILITIES) (74,137 ) (71,576 )
TOTAL ASSETS LESS CURRENT LIABILITIES (73,384 ) (70,658 )
NET LIABILITIES (73,384 ) (70,658 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (73,484 ) (70,758 )
SHAREHOLDERS' FUNDS (73,384) (70,658)
For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Mrs Julie Gavin
Director
23/04/2026
The notes on pages 6 to 7 form part of these financial statements.
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Cleave Fine Art Limited
Notes to the Financial Statements
For The Year Ended 30 September 2025
Notes to the Financial Statements
1. General Information
Cleave Fine Art Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07012544 . The registered office is Stuart House East Wing, St Johns Street, Peterborough, PE1 5DD.
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. 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.
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:
Plant & Machinery 18% reducing balance
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.
Trade Creditors
Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts Payable are classified as current liabilities if the company does not have an unconditional right at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade Debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: NIL)
1 -
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Cleave Fine Art Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2025
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 October 2024 8,691
As at 30 September 2025 8,691
Depreciation
As at 1 October 2024 7,773
Provided during the period 165
As at 30 September 2025 7,938
Net Book Value
As at 30 September 2025 753
As at 1 October 2024 918
5. Stocks
2025 2024
£ £
Stock 121,869 121,869
6. Current Asset Investments
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1 -
Creditors - Trade and accruals 2,506 2,433
Director's loan account 193,528 191,063
196,035 193,496
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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