Acorah Software Products - Accounts Production 19.2.450 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 08927665 Ms Magdalena Kawecka iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08927665 2024-03-31 08927665 2025-03-31 08927665 2024-04-01 2025-03-31 08927665 frs-core:CurrentFinancialInstruments 2025-03-31 08927665 frs-core:Non-currentFinancialInstruments 2025-03-31 08927665 frs-core:ComputerEquipment 2025-03-31 08927665 frs-core:ComputerEquipment 2024-04-01 2025-03-31 08927665 frs-core:ComputerEquipment 2024-03-31 08927665 frs-core:FurnitureFittings 2025-03-31 08927665 frs-core:FurnitureFittings 2024-04-01 2025-03-31 08927665 frs-core:FurnitureFittings 2024-03-31 08927665 frs-core:PlantMachinery 2025-03-31 08927665 frs-core:PlantMachinery 2024-04-01 2025-03-31 08927665 frs-core:PlantMachinery 2024-03-31 08927665 frs-core:ShareCapital 2025-03-31 08927665 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08927665 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08927665 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 08927665 frs-bus:SmallEntities 2024-04-01 2025-03-31 08927665 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08927665 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08927665 frs-core:UnlistedNon-exchangeTraded 2025-03-31 08927665 frs-core:UnlistedNon-exchangeTraded 2024-03-31 08927665 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 08927665 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 08927665 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 08927665 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 08927665 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 08927665 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 08927665 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 08927665 frs-bus:Director1 2024-04-01 2025-03-31 08927665 frs-countries:EnglandWales 2024-04-01 2025-03-31 08927665 2023-03-31 08927665 2024-03-31 08927665 2023-04-01 2024-03-31 08927665 frs-core:CurrentFinancialInstruments 2024-03-31 08927665 frs-core:Non-currentFinancialInstruments 2024-03-31 08927665 frs-core:ShareCapital 2024-03-31 08927665 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 08927665
Narccorn Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08927665
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,625 8,834
Investments 5 299,133 9,127
305,758 17,961
CURRENT ASSETS
Debtors 6 1,283,586 1,204,069
Cash at bank and in hand 91 10,317
1,283,677 1,214,386
Creditors: Amounts Falling Due Within One Year 7 (29,435 ) (29,883 )
NET CURRENT ASSETS (LIABILITIES) 1,254,242 1,184,503
TOTAL ASSETS LESS CURRENT LIABILITIES 1,560,000 1,202,464
Creditors: Amounts Falling Due After More Than One Year 8 (1,540,988 ) (1,169,234 )
NET ASSETS 19,012 33,230
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 18,912 33,130
SHAREHOLDERS' FUNDS 19,012 33,230
Page 1
Page 2
For the year ending 31 March 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
Ms Magdalena Kawecka
Director
18/05/2026
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
Narccorn Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08927665 . The registered office is Mulgrave Chambers Ground Floor, Unit 1,, 26-28 Mulgrave Road, Sutton, SM2 6LE.
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:
Plant & Machinery 25 % reducing balance
Fixtures & Fittings 25 % reducing balance
Computer Equipment 33 % on cost
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.
Page 3
Page 4
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 Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 2,250 5,367 25,156 32,773
As at 31 March 2025 2,250 5,367 25,156 32,773
Depreciation
As at 1 April 2024 1,950 2,691 19,298 23,939
Provided during the period 75 669 1,465 2,209
As at 31 March 2025 2,025 3,360 20,763 26,148
Net Book Value
As at 31 March 2025 225 2,007 4,393 6,625
As at 1 April 2024 300 2,676 5,858 8,834
5. Investments
Unlisted
£
Cost or Valuation
As at 1 April 2024 9,127
Additions 237,686
Disposals 7,658
Revaluations 44,662
As at 31 March 2025 299,133
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 299,133
As at 1 April 2024 9,127
Page 4
Page 5
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 5,890 5,890
Other debtors 35,253 37,989
41,143 43,879
Due after more than one year
Other debtors 1,242,443 1,160,190
1,283,586 1,204,069
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 26,066 26,068
Other creditors 2,280 2,790
Taxation and social security 1,089 1,025
29,435 29,883
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other loans - BBL & Funding Circle 29,596 45,541
Other creditors 1,511,392 1,123,693
1,540,988 1,169,234
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5