Acorah Software Products - Accounts Production 16.3.350 false true true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 11602103 Dr Ceri Williams iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11602103 2024-10-31 11602103 2025-10-31 11602103 2024-11-01 2025-10-31 11602103 frs-core:CurrentFinancialInstruments 2025-10-31 11602103 frs-core:ComputerEquipment 2025-10-31 11602103 frs-core:ComputerEquipment 2024-11-01 2025-10-31 11602103 frs-core:ComputerEquipment 2024-10-31 11602103 frs-core:MotorVehicles 2025-10-31 11602103 frs-core:MotorVehicles 2024-11-01 2025-10-31 11602103 frs-core:MotorVehicles 2024-10-31 11602103 frs-core:PlantMachinery 2025-10-31 11602103 frs-core:PlantMachinery 2024-11-01 2025-10-31 11602103 frs-core:PlantMachinery 2024-10-31 11602103 frs-core:ShareCapital 2025-10-31 11602103 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 11602103 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 11602103 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 11602103 frs-bus:SmallEntities 2024-11-01 2025-10-31 11602103 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 11602103 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 11602103 frs-bus:Director1 2024-11-01 2025-10-31 11602103 frs-countries:EnglandWales 2024-11-01 2025-10-31 11602103 2023-10-31 11602103 2024-10-31 11602103 2023-11-01 2024-10-31 11602103 frs-core:CurrentFinancialInstruments 2024-10-31 11602103 frs-core:ShareCapital 2024-10-31 11602103 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: 11602103
Oxwich Accountancy Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 11602103
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 29,939 35,103
29,939 35,103
CURRENT ASSETS
Debtors 5 2,807 6,125
Cash at bank and in hand 65,960 59,554
68,767 65,679
Creditors: Amounts Falling Due Within One Year 6 (30,994 ) (6,574 )
NET CURRENT ASSETS (LIABILITIES) 37,773 59,105
TOTAL ASSETS LESS CURRENT LIABILITIES 67,712 94,208
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,686 ) (6,670 )
NET ASSETS 62,026 87,538
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 62,025 87,537
SHAREHOLDERS' FUNDS 62,026 87,538
For the year ending 31 October 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
Dr Ceri Williams
Director
19/05/2026
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Oxwich Accountancy Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11602103 . The registered office is 113 Canalside, Redhill, Surrey, RH1 2FH.
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 not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover comprises revenue earned from the rendering of professional services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Turnover from the rendering of services is recognised by reference to the stage of completion of the work. For services provided under a monthly subscription, revenue is recognised on a straight line over the subscription period. For other services, revenue is recognised based on the billable hours completed during the reporting period as a percentage of the total number of billable hours (estimated where necessary).
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:
Plant & Machinery 2 yrs - 5 yrs straight line
Motor Vehicles 10 yrs straight line
Computer Equipment 2 yrs straight line
2.5. 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.
2.6. 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.
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Page 3
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2024 1,994 39,637 7,384 49,015
Additions - - 167 167
As at 31 October 2025 1,994 39,637 7,551 49,182
Depreciation
As at 1 November 2024 771 6,630 6,511 13,912
Provided during the period 533 3,960 838 5,331
As at 31 October 2025 1,304 10,590 7,349 19,243
Net Book Value
As at 31 October 2025 690 29,047 202 29,939
As at 1 November 2024 1,223 33,007 873 35,103
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 770 3,447
Other debtors 2,037 2,678
2,807 6,125
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors (9 ) 216
Bank loans and overdrafts 901 1,378
Corporation tax 978 (705 )
VAT 2,784 4,435
Accruals and deferred income 27 21
Director's loan account 26,313 1,229
30,994 6,574
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
8. Related Party Transactions
Included in other creditors is £26,313 owed to the company director (prior year £1,229). This amount is non interest bearing and repayable on demand.
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