Acorah Software Products - Accounts Production 19.2.450 false true true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 12713131 N Meikle A D Hess iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12713131 2024-07-31 12713131 2025-07-31 12713131 2024-08-01 2025-07-31 12713131 frs-core:CurrentFinancialInstruments 2025-07-31 12713131 frs-core:Non-currentFinancialInstruments 2025-07-31 12713131 frs-core:ComputerEquipment 2025-07-31 12713131 frs-core:ComputerEquipment 2024-08-01 2025-07-31 12713131 frs-core:ComputerEquipment 2024-07-31 12713131 frs-core:ShareCapital 2025-07-31 12713131 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 12713131 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 12713131 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 12713131 frs-bus:SmallEntities 2024-08-01 2025-07-31 12713131 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 12713131 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 12713131 frs-bus:Director1 2024-08-01 2025-07-31 12713131 frs-bus:Director2 2024-08-01 2025-07-31 12713131 frs-countries:EnglandWales 2024-08-01 2025-07-31 12713131 2023-07-31 12713131 2024-07-31 12713131 2023-08-01 2024-07-31 12713131 frs-core:CurrentFinancialInstruments 2024-07-31 12713131 frs-core:Non-currentFinancialInstruments 2024-07-31 12713131 frs-core:ShareCapital 2024-07-31 12713131 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 12713131
Asceris Limited
Unaudited Financial Statements
For The Year Ended 31 July 2025
Boston House Limited
Boston House
214 High Street
Boston Spa
West Yorkshire
LS23 6AD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 12713131
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 13,977 20,212
13,977 20,212
CURRENT ASSETS
Debtors 5 251,982 1,065,815
Cash at bank and in hand 132,188 33,531
384,170 1,099,346
Creditors: Amounts Falling Due Within One Year 6 (1,200,823 ) (848,022 )
NET CURRENT ASSETS (LIABILITIES) (816,653 ) 251,324
TOTAL ASSETS LESS CURRENT LIABILITIES (802,676 ) 271,536
Creditors: Amounts Falling Due After More Than One Year 7 (284,138 ) -
NET (LIABILITIES)/ASSETS (1,086,814 ) 271,536
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (1,086,914 ) 271,436
SHAREHOLDERS' FUNDS (1,086,814) 271,536
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For the year ending 31 July 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
A D Hess
Director
28 May 2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Asceris Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12713131 . The registered office is Boston House Accountants, Boston House 212-214 High Street, Boston Spa, Wetherby, West Yorkshire, LS23 6AD.
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 experienced financial difficulties during the year and, subsequent to the year end, entered into a Company Voluntary Arrangement (CVA) on 18 December 2025.
The directors have prepared cash flow forecasts for a period of at least 12 months from the date of approval of the financial statements. These forecasts include the expected effects of the CVA.
Based on these forecasts, the directors believe that the company will be able to continue in operational existance for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis.
However, the forecasts are dependent upon the company achieving its forecast revenues and maintaining compliance with the terms of the CVA. These conditions indicate material uncertainty which may cast significant doubt on 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 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.
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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:
Computer Equipment Straight Line over 3 years
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 21 (2024: 16)
21 16
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 August 2024 36,772
Additions 4,076
As at 31 July 2025 40,848
Depreciation
As at 1 August 2024 16,560
Provided during the period 10,311
As at 31 July 2025 26,871
Net Book Value
As at 31 July 2025 13,977
As at 1 August 2024 20,212
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 214,022 867,183
Other debtors 37,960 198,632
251,982 1,065,815
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 724,913 642,539
Bank loans and overdrafts 20,727 45
Other loans 196,190 -
Other creditors 22,822 52,237
Taxation and social security 236,171 153,201
1,200,823 848,022
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7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other loans 284,138 -
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Post Balance Sheet Events
Subsequent to the year end, on 18 December 2025, the company entered into a Company Voluntary Arrangement (CVA) which was approved by its unsecured creditors.
Under the terms of the CVA, the company will make contributions of £1,086,000 over 5 years to the appointed supervisor, Anthony Batty & Company Ltd. These funds will be distributed to unsecured creditors, who are expected to receive approximately 100 pence in the pound of their claims. 
As the arrangement was approved after the reporting date, it is considered a non-adjusting event under FRS 102. Accordingly, no adjustment has been made to the amounts recognised in the financial statements at 31 July 2025.
The company's ability to meet its obligations as they fall due remains dependent on its successful implimentation of the CVA and the achievemnet of forecast trading performance. The directors are continuing to assess the impact of the arrangement on the company's financial position and future trading.
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