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Registered number: 11411115
Focus Developments Solutions Ltd
Unaudited Financial Statements
For the Period 1 July 2024 to 31 January 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11411115
31 January 2025 30 June 2024
Notes £ £ £ £
FIXED ASSETS
Investments 5 260,000 650,000
260,000 650,000
CURRENT ASSETS
Debtors 6 1,070 171,264
Cash at bank and in hand 1,176 648
2,246 171,912
Creditors: Amounts Falling Due Within One Year 7 (528,384 ) (763,094 )
NET CURRENT ASSETS (LIABILITIES) (526,138 ) (591,182 )
TOTAL ASSETS LESS CURRENT LIABILITIES (266,138 ) 58,818
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 - (43,314 )
NET (LIABILITIES)/ASSETS (266,138 ) 15,504
CAPITAL AND RESERVES
Called up share capital 9 300 300
Other reserves - 187,500
Profit and Loss Account (266,438 ) (172,296 )
SHAREHOLDERS' FUNDS (266,138) 15,504
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For the period ending 31 January 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 his 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 Ednor Mata
Director
05/05/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Focus Developments Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11411115 . The registered office is Big Yellow Focus Group, Big Yellow, 1 Eastman Road, Harrow, HA1 4WL.
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 identified that the Company's net liabilities position arises principally from inter-company loan balances with related companies under common ownership. The directors of those related companies have confirmed their intention to provide continued financial support and not to demand repayment of those balances within the foreseeable future. Accordingly, the directors consider the going concern basis of preparation to remain appropriate and the accounts have been prepared on that basis.
2.3. Stocks and Work in Progress
Work-in-progress is stated at the lower of cost and net realisable value on a contract-by-contract basis. Cost includes direct costs attributable to the contract. Where amounts are assessed as not recoverable, the balance is written off in full through the profit and loss account.
2.4. 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 period, 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL (2024: NIL)
- -
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4. Prior Period Adjustment
The following material adjustments have been recognised in the period ending 31 January 2025:
  • Reversal of Directors’ Loan Account
    A balance of £234,710 previously recorded as owed by the Company to a former director has been reversed in full. The balance arose from internal accounting entries that did not reflect a genuine cash liability of the company. 
  • Accrued Income Write-Off
    Accrued income of £153,591 included within other debtors in the prior year, relating to services provided to a related party, has been written off in full. The directors have assessed the amount as irrecoverable having regard to the related party's financial position and the delayed sale of a development project in which it is involved.
  • Trade Debtor Write-Off
    An outstanding invoice of £7,800 due from the same related debtor has been written off in full as irrecoverable on the same basis.
  • Impairment of Fixed Asset Investment
    See note 5.
  • Reversal of Revaluation Reserve
    A revaluation surplus previously held in other reserves has been transferred to retained earnings as the underlying uplift is no longer considered supportable.
5. Investments
Associates
£
Cost or Valuation
As at 1 July 2024 650,000
Revaluations (187,500 )
As at 31 January 2025 462,500
Provision
As at 1 July 2024 -
Impairment losses 202,500
As at 31 January 2025 202,500
Net Book Value
As at 31 January 2025 260,000
As at 1 July 2024 650,000
The Company holds an equity investment in an unlisted associate undertaking, carried at cost less impairment.
The investment was originally recognised at £400,000 on incorporation, with a further £250,000 added in 2020 following an internal assessment of the associate's property asset at practical completion, giving a total cost of £650,000.
During the year, the directors carried out an impairment review. A revaluation surplus of £187,500 previously held in reserves was reversed as the underlying uplift was no longer considered supportable. A further impairment charge of £202,500 was recognised having regard to the current financial condition of the associate and the significant uncertainty over the level of proceeds likely to be available following sale of the development asset. The directors consider the carrying value of £260,000 to represent their best estimate at the balance sheet date; however, the ultimate recoverable amount remains uncertain and is dependent on the outcome of the disposal of the development asset.
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6. Debtors
31 January 2025 30 June 2024
£ £
Due within one year
Trade debtors - 7,800
Other debtors 1,070 163,464
1,070 171,264
7. Creditors: Amounts Falling Due Within One Year
31 January 2025 30 June 2024
£ £
Trade creditors - 1,989
Other creditors 528,384 761,105
528,384 763,094
8. Deferred Taxation
The provision for deferred tax has been released by £43,314, which relates to deferred tax recognised on the revaluation of the associate investment and has been credited to profit or loss in the year. Following the reversal of the investment revaluation, the deferred tax position is as follows:
31 January 2025 30 June 2024
£ £
Other timing differences - 43,314
9. Share Capital
31 January 2025 30 June 2024
£ £
Allotted, Called up and fully paid 300 300
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