Acorah Software Products - Accounts Production 19.2.450 false true true 30 August 2024 1 September 2023 false 31 August 2024 30 August 2025 30 August 2025 09168494 Mr Z S Hussein Mr R J Phillips iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09168494 2024-08-30 09168494 2025-08-30 09168494 2024-08-31 2025-08-30 09168494 frs-core:CurrentFinancialInstruments 2025-08-30 09168494 frs-core:ComputerEquipment 2025-08-30 09168494 frs-core:ComputerEquipment 2024-08-31 2025-08-30 09168494 frs-core:ComputerEquipment 2024-08-30 09168494 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2025-08-30 09168494 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-08-31 2025-08-30 09168494 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-08-30 09168494 frs-core:FurnitureFittings 2025-08-30 09168494 frs-core:FurnitureFittings 2024-08-31 2025-08-30 09168494 frs-core:FurnitureFittings 2024-08-30 09168494 frs-core:NetGoodwill 2025-08-30 09168494 frs-core:NetGoodwill 2024-08-31 2025-08-30 09168494 frs-core:NetGoodwill 2024-08-30 09168494 frs-core:SharePremium 2025-08-30 09168494 frs-core:ShareCapital 2025-08-30 09168494 frs-core:RetainedEarningsAccumulatedLosses 2025-08-30 09168494 frs-bus:PrivateLimitedCompanyLtd 2024-08-31 2025-08-30 09168494 frs-bus:FilletedAccounts 2024-08-31 2025-08-30 09168494 frs-bus:SmallEntities 2024-08-31 2025-08-30 09168494 frs-bus:AuditExempt-NoAccountantsReport 2024-08-31 2025-08-30 09168494 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-31 2025-08-30 09168494 frs-bus:Director1 2024-08-31 2025-08-30 09168494 frs-bus:Director2 2024-08-31 2025-08-30 09168494 frs-countries:EnglandWales 2024-08-31 2025-08-30 09168494 2023-08-31 09168494 2024-08-30 09168494 2023-09-01 2024-08-30 09168494 frs-core:CurrentFinancialInstruments 2024-08-30 09168494 frs-core:SharePremium 2024-08-30 09168494 frs-core:ShareCapital 2024-08-30 09168494 frs-core:RetainedEarningsAccumulatedLosses 2024-08-30
Registered number: 09168494
ZGRP Limited
Unaudited Financial Statements
For The Year Ended 30 August 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09168494
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 37,999 127,620
Tangible Assets 5 16,657 28,211
54,656 155,831
CURRENT ASSETS
Debtors 6 1,212,088 1,252,459
Cash at bank and in hand 2,406,301 908,651
3,618,389 2,161,110
Creditors: Amounts Falling Due Within One Year 7 (3,946,991 ) (2,476,108 )
NET CURRENT ASSETS (LIABILITIES) (328,602 ) (314,998 )
TOTAL ASSETS LESS CURRENT LIABILITIES (273,946 ) (159,167 )
NET LIABILITIES (273,946 ) (159,167 )
CAPITAL AND RESERVES
Called up share capital 8 114 114
Share premium account 264,981 264,981
Profit and Loss Account (539,041 ) (424,262 )
SHAREHOLDERS' FUNDS (273,946) (159,167)
Page 1
Page 2
For the year ending 30 August 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 Z S Hussein
Director
28/05/2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
ZGRP Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09168494 . The registered office is Suite Lu.231, The Light Bulb, 1 Filament Walk, Wandsworth, London, SW18 4GQ.
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 company is being supported in the form of interest free loans that are repayable on demand from the director to cover the costs incurred. This support will continue for the foreseeable future and therefore the director believes the Company to be a going concern.
2.3. Turnover
Turnover represents net invoiced sales of services, excluding value added tax in respect of the provision of services to clients, plus the value, recognised by reference to the stage of completion, of work undertaken in the period but not invoiced at the period end. Revenue not billed to clients is included in debtors as accrued income.
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill, being the amounts paid in connection with acquisition of businesses between 2014-2017, is amortised on a line by line basis. Since the year ended 30 August 2018 goodwill is amortised on a straight line method based on a reliable estimate of the useful life of 10 years.
2.5. Intangible Fixed Assets and Amortisation - Intellectual Property
Patents and licences are being amortised evenly over their estimated useful life of 10 years.
2.6. 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 10% on cost and 20% on cost
Computer Equipment 20% on cost and 25% on cost
2.7. 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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3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2024: 11)
10 11
4. Intangible Assets
Goodwill Intellectual Property Total
£ £ £
Cost
As at 31 August 2024 1,557,997 5,000 1,562,997
Disposals (159,997 ) - (159,997 )
As at 30 August 2025 1,398,000 5,000 1,403,000
Amortisation
As at 31 August 2024 1,431,377 4,000 1,435,377
Provided during the period 25,122 500 25,622
Impairment losses 63,999 - 63,999
Disposals (159,997 ) - (159,997 )
As at 30 August 2025 1,360,501 4,500 1,365,001
Net Book Value
As at 30 August 2025 37,499 500 37,999
As at 31 August 2024 126,620 1,000 127,620
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 31 August 2024 139,679 150,422 290,101
Additions - 981 981
As at 30 August 2025 139,679 151,403 291,082
Depreciation
As at 31 August 2024 120,751 141,139 261,890
Provided during the period 11,688 847 12,535
As at 30 August 2025 132,439 141,986 274,425
Net Book Value
As at 30 August 2025 7,240 9,417 16,657
As at 31 August 2024 18,928 9,283 28,211
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 116,105 169,548
Other debtors 1,095,983 1,082,911
1,212,088 1,252,459
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 64,316 105,114
Bank loans and overdrafts 12,507 51,478
Other loans 496,255 446,255
Other creditors 3,156,953 1,574,212
Taxation and social security 216,960 299,049
3,946,991 2,476,108
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 114 114
9. Related Party Transactions
At the balance sheet date, Mr Z Hussein, a director of the company, had a current account credit balance of £13,508 (2024 - £13,512).
At the balance sheet date, Mr Z Hussein, a director of the company, had an interest free loan account balance of £709,990 (2024 - £615,430). The loan is repayable by the company after more than one year.
At the balance sheet date, Ibex Investments Ltd, a company controlled by Mr & Mrs Hussein, parents of a director of the company, had an interest free loan account balance of £496,255 (2024 - £446,255).
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