Acorah Software Products - Accounts Production 19.2.350 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 06924843 Mrs Karen Reeves Mr Jonathan Reeves Ms Martine Elliott Mr Mark Kerr the directors true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06924843 2024-07-31 06924843 2025-07-31 06924843 2024-08-01 2025-07-31 06924843 frs-core:CurrentFinancialInstruments 2025-07-31 06924843 frs-core:ComputerEquipment 2025-07-31 06924843 frs-core:ComputerEquipment 2024-08-01 2025-07-31 06924843 frs-core:ComputerEquipment 2024-07-31 06924843 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-07-31 06924843 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-08-01 2025-07-31 06924843 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-07-31 06924843 frs-core:FurnitureFittings 2025-07-31 06924843 frs-core:FurnitureFittings 2024-08-01 2025-07-31 06924843 frs-core:FurnitureFittings 2024-07-31 06924843 frs-core:NetGoodwill 2025-07-31 06924843 frs-core:NetGoodwill 2024-08-01 2025-07-31 06924843 frs-core:NetGoodwill 2024-07-31 06924843 frs-core:ShareCapital 2025-07-31 06924843 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 06924843 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 06924843 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 06924843 frs-bus:SmallEntities 2024-08-01 2025-07-31 06924843 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 06924843 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 06924843 1 2024-08-01 2025-07-31 06924843 frs-core:DeferredTaxation 2024-08-01 2025-07-31 06924843 frs-core:DeferredTaxation 2024-07-31 06924843 frs-core:DeferredTaxation 2025-07-31 06924843 frs-core:CostValuation 2024-07-31 06924843 frs-core:AdditionsToInvestments 2025-07-31 06924843 frs-core:CostValuation 2025-07-31 06924843 frs-core:ProvisionsForImpairmentInvestments 2024-07-31 06924843 frs-core:ProvisionsForImpairmentInvestments 2025-07-31 06924843 frs-core:ListedExchangeTraded 2025-07-31 06924843 frs-core:ListedExchangeTraded 2024-07-31 06924843 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-07-31 06924843 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2025-07-31 06924843 frs-core:CostValuation frs-core:ListedExchangeTraded 2025-07-31 06924843 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-07-31 06924843 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2025-07-31 06924843 frs-bus:Director1 2024-08-01 2025-07-31 06924843 frs-bus:Director2 2024-08-01 2025-07-31 06924843 frs-bus:Director3 2024-08-01 2025-07-31 06924843 frs-bus:Director4 2024-08-01 2025-07-31 06924843 frs-countries:EnglandWales 2024-08-01 2025-07-31 06924843 2023-07-31 06924843 2024-07-31 06924843 2023-08-01 2024-07-31 06924843 frs-core:CurrentFinancialInstruments 2024-07-31 06924843 frs-core:ShareCapital 2024-07-31 06924843 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 06924843
Gallinet Holdings Limited
Unaudited Financial Statements
For The Year Ended 31 July 2025
CJM Associates
Gallinet Holdings Limited
Contents
Contents

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

Page 1
Gallinet Holdings Limited
Balance Sheet
As At 31 July 2025
Balance Sheet
Registered number: 06924843

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 6,713 |  | 8,176
Tangible Assets | 5 |  | 5,114 |  | 7,361
Investments | 6 |  | 328 |  | 100
|  |  | 12,155 |  | 15,637
CURRENT ASSETS
Debtors | 7 | 151,266 |  | 276,417 |
Cash at bank and in hand |  | 7,311 |  | 43,726 |
|  | 158,577 |  | 320,143 |
Creditors: Amounts Falling Due Within One Year | 8 | (17,018 ) |  | (15,594 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 141,559 |  | 304,549
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 153,714 |  | 320,186
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (1,278 ) |  | (1,840 )
NET ASSETS |  |  | 152,436 |  | 318,346
CAPITAL AND RESERVES
Called up share capital | 10 |  | 107 |  | 107
Profit and Loss Account |  |  | 152,329 |  | 318,239
SHAREHOLDERS' FUNDS |  |  | 152,436 |  | 318,346

Page 1
Page 2
Gallinet Holdings Limited
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

Mrs Karen Reeves Director
04/05/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Gallinet Holdings Limited
Notes to the Financial Statements
For The Year Ended 31 July 2025
Notes to the Financial Statements
1. General Information
Gallinet Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06924843 . The registered office is Floor 2, Lakeside Point C/O Cjm Associates, Lakeside Business Park, Cannock, Staffordshire, WS11 0XE.
The presentation currency of the financial statements is Pound Sterling (£)
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.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is has fully amortised.
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:

Fixtures & Fittings | 25% Reducing balance
Computer Equipment | 33% Reducing balance

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.
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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
Page 3
Page 4
Gallinet Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
4. Intangible Assets

| Goodwill | Development Costs | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 August 2024 | 12,000 | 29,272 | 41,272
As at 31 July 2025 | 12,000 | 29,272 | 41,272
Amortisation
As at 1 August 2024 | 12,000 | 21,096 | 33,096
Provided during the period | - | 1,463 | 1,463
As at 31 July 2025 | 12,000 | 22,559 | 34,559
Net Book Value
As at 31 July 2025 | - | 6,713 | 6,713
As at 1 August 2024 | - | 8,176 | 8,176

5. Tangible Assets

| Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 August 2024 | 39,553 | 12,178 | 51,731
As at 31 July 2025 | 39,553 | 12,178 | 51,731
Depreciation
As at 1 August 2024 | 37,283 | 7,087 | 44,370
Provided during the period | 567 | 1,680 | 2,247
As at 31 July 2025 | 37,850 | 8,767 | 46,617
Net Book Value
As at 31 July 2025 | 1,703 | 3,411 | 5,114
As at 1 August 2024 | 2,270 | 5,091 | 7,361

6. Investments

| Subsidiaries | Listed | Total
--- | --- | --- | ---
| £ | £ | £
Cost or Valuation
As at 1 August 2024 | 100 | - | 100
Additions | - | 228 | 228
As at 31 July 2025 | 100 | 228 | 328
Provision
As at 1 August 2024 | - | - | -
As at 31 July 2025 | - | - | -

...CONTINUED
Page 4
Page 5
Gallinet Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025

Net Book Value
As at 31 July 2025 | 100 | 228 | 328
As at 1 August 2024 | 100 | - | 100

7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 7,200 |  | 7,200
Other debtors | 7 |  | 7
Gallinet Limited | 16,179 |  | 141,330
Gallinet Property Ltd | 127,880 |  | 127,880
| 151,266 |  | 276,417

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 600 |  | -
Other creditors | 5,699 |  | 5,697
Taxation and social security | 10,719 |  | 9,897
| 17,018 |  | 15,594

9. Provisions for Liabilities

| Deferred Tax | Total
--- | --- | ---
| £ | £
As at 1 August 2024 | 1,840 | 1,840
Deferred taxation | (562 ) | (562 )
Balance at 31 July 2025 | 1,278 | 1,278

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 107 |  | 107

11. Ultimate Controlling Party
The company's ultimate controlling party is the directors .
Page 5