Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 08315562 Mr Anirban Basu iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08315562 2024-12-31 08315562 2025-12-31 08315562 2025-01-01 2025-12-31 08315562 frs-core:CurrentFinancialInstruments 2025-12-31 08315562 frs-core:Non-currentFinancialInstruments 2025-12-31 08315562 frs-core:ComputerEquipment 2025-12-31 08315562 frs-core:ComputerEquipment 2025-01-01 2025-12-31 08315562 frs-core:ComputerEquipment 2024-12-31 08315562 frs-core:FurnitureFittings 2025-12-31 08315562 frs-core:FurnitureFittings 2025-01-01 2025-12-31 08315562 frs-core:FurnitureFittings 2024-12-31 08315562 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-12-31 08315562 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-01-01 2025-12-31 08315562 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 08315562 frs-core:ShareCapital 2025-12-31 08315562 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 08315562 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 08315562 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 08315562 frs-bus:SmallEntities 2025-01-01 2025-12-31 08315562 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 08315562 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 08315562 frs-bus:Director1 2025-01-01 2025-12-31 08315562 frs-countries:EnglandWales 2025-01-01 2025-12-31 08315562 2023-12-31 08315562 2024-12-31 08315562 2024-01-01 2024-12-31 08315562 frs-core:CurrentFinancialInstruments 2024-12-31 08315562 frs-core:Non-currentFinancialInstruments 2024-12-31 08315562 frs-core:ShareCapital 2024-12-31 08315562 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 08315562
Galatea Associates LTD
Unaudited Financial Statements
For The Year Ended 31 December 2025
Galatea Associates LTD
Greyfriars Studios
25E The Quadrant, First Floor
Richmond upon Thames
TW9 1DJ
Galatea Associates LTD
Contents
Contents

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

Page 1
Galatea Associates LTD
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 08315562

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 37,551 |  | 56,799
|  |  | 37,551 |  | 56,799
CURRENT ASSETS
Debtors | 5 | 561,243 |  | 248,751 |
Cash at bank and in hand |  | 655,634 |  | 1,155,551 |
|  | 1,216,877 |  | 1,404,302 |
Creditors: Amounts Falling Due Within One Year | 6 | 2,893 |  | (2,414 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,219,770 |  | 1,401,888
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,257,321 |  | 1,458,687
NET ASSETS |  |  | 1,257,321 |  | 1,458,687
CAPITAL AND RESERVES
Called up share capital | 7 |  | 610 |  | 610
Profit and Loss Account |  |  | 1,256,711 |  | 1,458,077
SHAREHOLDERS' FUNDS |  |  | 1,257,321 |  | 1,458,687

For the year ending 31 December 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 Anirban Basu Director
24/05/2026

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Galatea Associates LTD
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
Galatea Associates LTD is a private company, limited by shares, incorporated in England & Wales, registered number 08315562 . The registered office is Greyfriars Studios, 25E The Quadrant, First Floor, Richmond upon Thames, TW9 1DJ.
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:

Leasehold | straight line method over five year lifespan
Fixtures & Fittings | straight line method over five year lifespan
Computer Equipment | straight line method over three year lifespan

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.
3. Average Number of Employees
Average number of employees, including directors, during the year was 19 (2024: 19)
19 19
4. Tangible Assets

| Land & Property
--- | ---
| Leasehold | Fixtures & Fittings | Computer Equipment | Total
| £ | £ | £ | £
Cost
As at 1 January 2025 | 51,040 | 168,463 | 39,798 | 259,301
As at 31 December 2025 | 51,040 | 168,463 | 39,798 | 259,301
Depreciation
As at 1 January 2025 | 32,395 | 130,938 | 39,169 | 202,502
Provided during the period | 6,215 | 12,404 | 629 | 19,248
As at 31 December 2025 | 38,610 | 143,342 | 39,798 | 221,750

...CONTINUED
Page 2
Page 3
Galatea Associates LTD
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025

Net Book Value
As at 31 December 2025 | 12,430 | 25,121 | - | 37,551
As at 1 January 2025 | 18,645 | 37,525 | 629 | 56,799

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | - |  | 11,103
Other debtors | 15,330 |  | 13,836
Amounts owed by group undertakings | 476,065 |  | 153,964
| 491,395 |  | 178,903
Due after more than one year
Other debtors | 69,848 |  | 69,848
| 561,243 |  | 248,751

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | (4,066 ) |  | 956
Other taxes and social security | 1,173 |  | 1,458
| (2,893 ) |  | 2,414

7. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 610 |  | 610

Page 3