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Registered number: 13890187
365 Capital Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13890187
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,689 1,810
2,689 1,810
CURRENT ASSETS
Debtors 5 2,610 480
Cash at bank and in hand 44,276 26,596
46,886 27,076
Creditors: Amounts Falling Due Within One Year 6 (48,448 ) (6,265 )
NET CURRENT ASSETS (LIABILITIES) (1,562 ) 20,811
TOTAL ASSETS LESS CURRENT LIABILITIES 1,127 22,621
PROVISIONS FOR LIABILITIES
Deferred Taxation (672 ) -
NET ASSETS 455 22,621
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 355 22,521
SHAREHOLDERS' FUNDS 455 22,621
Page 1
Page 2
For the year ending 28 February 2026 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 J Hudson
Director
18 May 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
365 Capital Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13890187 . The registered office and principle place of business is 2 Springfield Street, Blackburn, BB2 2TG.
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.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
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 rendering of services.
Rendering of services 
Turnover comprises commission and arranging property transactions. Turnover is recognised at a point in time when the service is completed and the company has an enforceable right to payment, typically on legal completion (or on exchange where specified in the engagement terms).
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:
Fixtures & Fittings 15% - Reducing balance
Computer Equipment 33% - Straight line
At each balance sheet date, the company reviews the carrying amounts of its fixed assets to determine whether there is any indication that any items of property, plant and equipment have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.
If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately.
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 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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2.5. Trade and other debtors
Trade and other debtors are initially recognised at fair value and therefore stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except for where the effect of discounting would be considered immaterial, in which case they are stated at cost less impairment losses for bad and doubtful debts.
2.6. Trade and other creditors
Trade and other creditors are initially recognised at fair value and therefore stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.
2.7. Cash and cash equivalents
Cash and cash equivalents comprise of cash at bank and in hand.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 March 2025 540 1,638 2,178
Additions 197 1,673 1,870
As at 28 February 2026 737 3,311 4,048
Depreciation
As at 1 March 2025 46 322 368
Provided during the period 84 907 991
As at 28 February 2026 130 1,229 1,359
Net Book Value
As at 28 February 2026 607 2,082 2,689
As at 1 March 2025 494 1,316 1,810
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 2,310 480
Other debtors 300 -
2,610 480
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 300 69
Other creditors 39,160 1,465
Taxation and social security 8,988 4,731
48,448 6,265
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7. Share Capital
2026 2025
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
8. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans to directors:
As at 1 March 2025 Amounts advanced Amounts repaid Amounts written off As at 28 February 2026
£ £ £ £ £
Mr Jamie Hudson 1,465 26,647 64,342 - 39,160
The above loan is unsecured, interest free and repayable on demand.
9. Controlling Party
The company's ultimate controlling party are the Directors by virtue of their joint ownership of 100% of the issued share capital in the company.
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