Acorah Software Products - Accounts Production 16.8.310 false true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 10231098 Mr Fatih Tekin Mrs Ceyda Tekin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10231098 2024-06-30 10231098 2025-06-30 10231098 2024-07-01 2025-06-30 10231098 frs-core:CurrentFinancialInstruments 2025-06-30 10231098 frs-core:Non-currentFinancialInstruments 2025-06-30 10231098 frs-core:FurnitureFittings 2025-06-30 10231098 frs-core:FurnitureFittings 2024-07-01 2025-06-30 10231098 frs-core:FurnitureFittings 2024-06-30 10231098 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-06-30 10231098 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-07-01 2025-06-30 10231098 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-06-30 10231098 frs-core:MotorVehicles 2025-06-30 10231098 frs-core:MotorVehicles 2024-07-01 2025-06-30 10231098 frs-core:MotorVehicles 2024-06-30 10231098 frs-core:PlantMachinery 2025-06-30 10231098 frs-core:PlantMachinery 2024-07-01 2025-06-30 10231098 frs-core:PlantMachinery 2024-06-30 10231098 frs-core:ShareCapital 2025-06-30 10231098 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 10231098 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 10231098 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 10231098 frs-bus:SmallEntities 2024-07-01 2025-06-30 10231098 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 10231098 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 10231098 frs-bus:Director1 2024-07-01 2025-06-30 10231098 frs-bus:Director2 2024-07-01 2025-06-30 10231098 frs-countries:EnglandWales 2024-07-01 2025-06-30 10231098 2023-06-30 10231098 2024-06-30 10231098 2023-07-01 2024-06-30 10231098 frs-core:CurrentFinancialInstruments 2024-06-30 10231098 frs-core:Non-currentFinancialInstruments 2024-06-30 10231098 frs-core:ShareCapital 2024-06-30 10231098 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: 10231098
Mistis Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2025
ELM Partners
Chartered Certified Accountants & Registered Auditors
Southgate Offie Village
286a Chase Road
Soutghate
London
N14 6HF
Mistis Ltd
Contents
Contents

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

Page 1
Mistis Ltd
Balance Sheet
As At 30 June 2025
Balance Sheet
Registered number: 10231098

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 2,586,638 |  | 2,553,930
|  |  | 2,586,638 |  | 2,553,930
CURRENT ASSETS
Debtors | 5 | 330,190 |  | - |
Cash at bank and in hand |  | 161,399 |  | 132,195 |
|  | 491,589 |  | 132,195 |
Creditors: Amounts Falling Due Within One Year | 6 | (805,670 ) |  | (661,425 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (314,081 ) |  | (529,230 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,272,557 |  | 2,024,700
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (766,264 ) |  | (1,004,978 )
NET ASSETS |  |  | 1,506,293 |  | 1,019,722
CAPITAL AND RESERVES
Called up share capital | 8 |  | 2 |  | 2
Profit and Loss Account |  |  | 1,506,291 |  | 1,019,720
SHAREHOLDERS' FUNDS |  |  | 1,506,293 |  | 1,019,722

Page 1
Page 2
Mistis Ltd
Balance Sheet (continued)
As At 30 June 2025
For the year ending 30 June 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

Mr Fatih Tekin Director
30/04/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Mistis Ltd
Notes to the Financial Statements
For The Year Ended 30 June 2025
Notes to the Financial Statements
1. General Information
Mistis Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10231098 . The registered office is Southgate Office Village, 286a Chase Road, London, N14 6HF.
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.
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:

Leasehold | No depreciation
Plant & Machinery | 20% on reducing balance
Motor Vehicles | 20% on reducing balance
Fixtures & Fittings | 20% on reducing balance

2.4. Taxation
Corporation 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 42 (2024: 41)
42 41
Page 3
Page 4
Mistis Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
4. Tangible Assets

| Land & Property
--- | ---
| Leasehold | Plant & Machinery | Motor Vehicles | Fixtures & Fittings | Total
| £ | £ | £ | £ | £
Cost
As at 1 July 2024 | 2,331,436 | 347,157 | 19,000 | - | 2,697,593
Additions | - | 53,750 | - | 42,758 | 96,508
As at 30 June 2025 | 2,331,436 | 400,907 | 19,000 | 42,758 | 2,794,101
Depreciation
As at 1 July 2024 | - | 139,863 | 3,800 | - | 143,663
Provided during the period | - | 52,208 | 3,040 | 8,552 | 63,800
As at 30 June 2025 | - | 192,071 | 6,840 | 8,552 | 207,463
Net Book Value
As at 30 June 2025 | 2,331,436 | 208,836 | 12,160 | 34,206 | 2,586,638
As at 1 July 2024 | 2,331,436 | 207,294 | 15,200 | - | 2,553,930

Cost or valuation as at 30 June 2025 represented by:

| Land & Property
--- | ---
| Leasehold | Plant & Machinery | Motor Vehicles | Fixtures & Fittings | Total
| £ | £ | £ | £ | £
At cost | 2,331,436 | 400,907 | 19,000 | 42,758 | 2,794,101
| 2,331,436 | 400,907 | 19,000 | 42,758 | 2,794,101

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 330,190 |  | -

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 136,755 |  | -
Corporation tax | 536,913 |  | 364,880
Other taxes and social security | 90,415 |  | 28,935
Net wages | 1,128 |  | -
Other creditors | 31,189 |  | 249,410
Accruals and deferred income | 9,270 |  | 18,200
| 805,670 |  | 661,425

Page 4
Page 5
Mistis Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
7. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 766,264 |  | 1,004,978

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 2 |  | 2

9. Related Party Transactions
Included in debtors amount falling due within one year is an amount of £330,190 (2024: nil) due to the companies where Mr Fatih Tekin, director of the company, is a director and 100% shareholder. The loan was interest free.
Page 5