Acorah Software Products - Accounts Production 19.2.350 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 10748592 Mr Irfan Malik iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10748592 2024-05-31 10748592 2025-05-31 10748592 2024-06-01 2025-05-31 10748592 frs-core:CurrentFinancialInstruments 2025-05-31 10748592 frs-core:Non-currentFinancialInstruments 2025-05-31 10748592 frs-core:FurnitureFittings 2025-05-31 10748592 frs-core:FurnitureFittings 2024-06-01 2025-05-31 10748592 frs-core:FurnitureFittings 2024-05-31 10748592 frs-core:PlantMachinery 2025-05-31 10748592 frs-core:PlantMachinery 2024-06-01 2025-05-31 10748592 frs-core:PlantMachinery 2024-05-31 10748592 frs-core:ShareCapital 2025-05-31 10748592 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 10748592 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 10748592 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 10748592 frs-bus:SmallEntities 2024-06-01 2025-05-31 10748592 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 10748592 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 10748592 frs-core:CostValuation 2024-05-31 10748592 frs-core:CostValuation 2025-05-31 10748592 frs-core:ProvisionsForImpairmentInvestments 2024-05-31 10748592 frs-core:ProvisionsForImpairmentInvestments 2025-05-31 10748592 frs-bus:Director1 2024-06-01 2025-05-31 10748592 frs-countries:EnglandWales 2024-06-01 2025-05-31 10748592 2023-05-31 10748592 2024-05-31 10748592 2023-06-01 2024-05-31 10748592 frs-core:CurrentFinancialInstruments 2024-05-31 10748592 frs-core:Non-currentFinancialInstruments 2024-05-31 10748592 frs-core:ShareCapital 2024-05-31 10748592 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 10748592
ECB Payments Limited
Financial Statements
For The Year Ended 31 May 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10748592
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,436,724 1,338,509
Investments 5 480,000 480,000
1,916,724 1,818,509
CURRENT ASSETS
Debtors 6 3,216 4,497
Cash at bank and in hand 9,118 9,436
12,334 13,933
Creditors: Amounts Falling Due Within One Year 7 (5,681 ) (4,001 )
NET CURRENT ASSETS (LIABILITIES) 6,653 9,932
TOTAL ASSETS LESS CURRENT LIABILITIES 1,923,377 1,828,441
NET ASSETS 1,923,377 1,828,441
CAPITAL AND RESERVES
Called up share capital 8 686,280 686,280
Profit and Loss Account 1,237,097 1,142,161
SHAREHOLDERS' FUNDS 1,923,377 1,828,441
Page 1
Page 2
For the year ending 31 May 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
05/05/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
ECB Payments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10748592 . The registered office is 109, Cheetham Hill Road, Manchester, M8 8PY.
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:
Plant & Machinery 10%
Fixtures & Fittings 10%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2024: 15)
6 15
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 June 2024 1,544,874 166,000 1,710,874
Additions 108,675 - 108,675
As at 31 May 2025 1,653,549 166,000 1,819,549
Depreciation
As at 1 June 2024 275,931 96,434 372,365
Provided during the period 5,785 4,675 10,460
As at 31 May 2025 281,716 101,109 382,825
Net Book Value
As at 31 May 2025 1,371,833 64,891 1,436,724
As at 1 June 2024 1,268,943 69,566 1,338,509
Page 3
Page 4
5. Investments
Other
£
Cost or Valuation
As at 1 June 2024 480,000
As at 31 May 2025 480,000
Provision
As at 1 June 2024 -
As at 31 May 2025 -
Net Book Value
As at 31 May 2025 480,000
As at 1 June 2024 480,000
6. Debtors
2025 2024
£ £
Due after more than one year
Trade debtors 3,216 4,497
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 5,681 4,001
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 686,280 686,280
Page 4