Acorah Software Products - Accounts Production 19.2.350 false true 30 September 2024 1 October 2023 false 1 October 2024 30 September 2025 30 September 2025 06708185 Mr Amar Galla iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06708185 2024-09-30 06708185 2025-09-30 06708185 2024-10-01 2025-09-30 06708185 frs-core:CurrentFinancialInstruments 2025-09-30 06708185 frs-core:ComputerEquipment 2025-09-30 06708185 frs-core:ComputerEquipment 2024-10-01 2025-09-30 06708185 frs-core:ComputerEquipment 2024-09-30 06708185 frs-core:PlantMachinery 2025-09-30 06708185 frs-core:PlantMachinery 2024-10-01 2025-09-30 06708185 frs-core:PlantMachinery 2024-09-30 06708185 frs-core:ShareCapital 2025-09-30 06708185 frs-core:RetainedEarningsAccumulatedLosses 2025-09-30 06708185 frs-bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 06708185 frs-bus:FilletedAccounts 2024-10-01 2025-09-30 06708185 frs-bus:SmallEntities 2024-10-01 2025-09-30 06708185 frs-bus:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 06708185 frs-bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 06708185 frs-core:CostValuation 2024-09-30 06708185 frs-core:AdditionsToInvestments 2025-09-30 06708185 frs-core:CostValuation 2025-09-30 06708185 frs-core:ProvisionsForImpairmentInvestments 2024-09-30 06708185 frs-core:ProvisionsForImpairmentInvestments 2025-09-30 06708185 frs-bus:Director1 2024-10-01 2025-09-30 06708185 frs-core:CurrentFinancialInstruments 4 2025-09-30 06708185 frs-countries:EnglandWales 2024-10-01 2025-09-30 06708185 2023-09-30 06708185 2024-09-30 06708185 2023-10-01 2024-09-30 06708185 frs-core:CurrentFinancialInstruments 2024-09-30 06708185 frs-core:ShareCapital 2024-09-30 06708185 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 06708185 frs-core:CurrentFinancialInstruments 4 2024-09-30 06708185 frs-core:CurrentFinancialInstruments 5 2024-09-30
Registered number: 06708185
Toolagen Limited
Unaudited Financial Statements
For The Year Ended 30 September 2025
Harmony Book-Keeping
18 Lychmead,
Clifton,
Beds
SG17 5EZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06708185
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,665 1,045
Investments 5 30,098 -
31,763 1,045
CURRENT ASSETS
Debtors 6 154,314 230,876
Cash at bank and in hand 364,898 504,778
519,212 735,654
Creditors: Amounts Falling Due Within One Year 7 (96,113 ) (167,918 )
NET CURRENT ASSETS (LIABILITIES) 423,099 567,736
TOTAL ASSETS LESS CURRENT LIABILITIES 454,862 568,781
NET ASSETS 454,862 568,781
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 454,762 568,681
SHAREHOLDERS' FUNDS 454,862 568,781
Page 1
Page 2
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 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 Amar Galla
Director
10/04/2026
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
Toolagen Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06708185 . The registered office is Unit 13, Redhill 23 Business Park, Redhill, Surrey, RH1 2GD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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 20% per year
Computer Equipment 20% per year
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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 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 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 4)
4 4
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 October 2024 2,217 11,319 13,536
Additions - 1,441 1,441
As at 30 September 2025 2,217 12,760 14,977
Depreciation
As at 1 October 2024 1,939 10,552 12,491
Provided during the period 159 662 821
As at 30 September 2025 2,098 11,214 13,312
Net Book Value
As at 30 September 2025 119 1,546 1,665
As at 1 October 2024 278 767 1,045
5. Investments
Associates
£
Cost or Valuation
As at 1 October 2024 -
Additions 30,098
As at 30 September 2025 30,098
Provision
As at 1 October 2024 -
As at 30 September 2025 -
Net Book Value
As at 30 September 2025 30,098
As at 1 October 2024 -
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 151,739 223,141
Prepayments and accrued income 2,575 4,235
Other debtors - 3,500
154,314 230,876
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 36,982 65,768
Bank loans and overdrafts 17,906 6,015
Corporation tax 14,547 27,754
Other taxes and social security 292 4,192
VAT 20,643 56,479
Other creditors (4) 45 45
Other creditors (5) - 415
Accruals and deferred income 3,663 4,609
Director's loan account 2,035 2,641
96,113 167,918
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5