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Registered number: 08191324
Diverse Trainers Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
MJH Accountants Limited
Chartered Accountants and Chartered Tax Advisers
129 Woodplumpton Road
Fulwood
Preston
Lancashire
PR2 3LF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 08191324
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 224,974 337,251
Investments 5 10,000 20,000
234,974 357,251
CURRENT ASSETS
Stocks 6 200 269
Debtors 7 401,501 372,747
Cash at bank and in hand 226,475 163,915
628,176 536,931
Creditors: Amounts Falling Due Within One Year 8 (293,599 ) (168,505 )
NET CURRENT ASSETS (LIABILITIES) 334,577 368,426
TOTAL ASSETS LESS CURRENT LIABILITIES 569,551 725,677
Creditors: Amounts Falling Due After More Than One Year 9 (216,102 ) (323,360 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 11 (50,372 ) (77,918 )
NET ASSETS 303,077 324,399
CAPITAL AND RESERVES
Called up share capital 12 100 100
Profit and Loss Account 302,977 324,299
SHAREHOLDERS' FUNDS 303,077 324,399
Page 1
Page 2
For the year ending 31 August 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 C M Mullen
Director
15 May 2026
The notes on pages 3 to 7 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Diverse Trainers Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08191324 . The registered office is Unit 4 Rough Hey Road, Preston, Lancashire, PR2 5AR.
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 20% on written down value
Motor Vehicles 25% on written down value
Fixtures & Fittings 20% on written down value
Computer Equipment 25% on written down value and 33.3% on cost
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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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.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the Income Statement as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2024: 7)
8 7
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 September 2024 12,297 433,776 28,754 27,152 501,979
Additions - 4,620 - 3,351 7,971
Disposals - (63,570 ) - - (63,570 )
As at 31 August 2025 12,297 374,826 28,754 30,503 446,380
Depreciation
As at 1 September 2024 4,446 126,168 15,487 18,627 164,728
Provided during the period 1,571 76,902 2,655 4,104 85,232
Disposals - (28,554 ) - - (28,554 )
As at 31 August 2025 6,017 174,516 18,142 22,731 221,406
Net Book Value
As at 31 August 2025 6,280 200,310 10,612 7,772 224,974
As at 1 September 2024 7,851 307,608 13,267 8,525 337,251
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Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2025 2024
£ £
Motor Vehicles 198,698 305,459
5. Investments
Other
£
Cost or Valuation
As at 1 September 2024 20,000
Revaluations (10,000 )
As at 31 August 2025 10,000
Provision
As at 1 September 2024 -
As at 31 August 2025 -
Net Book Value
As at 31 August 2025 10,000
As at 1 September 2024 20,000
6. Stocks
2025 2024
£ £
Other inventories 200 269
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 16,772 19,850
Amounts owed by group undertakings 348,790 340,147
Other debtors 35,939 12,750
401,501 372,747
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8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 60,020 51,443
Trade creditors 24,604 21,259
Bank loans and overdrafts 7,500 10,000
Other loans 27,251 14,877
Amounts owed to group undertakings 35,403 32,248
Other creditors 29,679 20,012
Taxation and social security 109,142 18,666
293,599 168,505
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 211,592 315,860
Bank loans - 7,500
Other loans 4,510 -
216,102 323,360
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 60,020 51,443
Later than one year and not later than five years 211,592 315,860
271,612 367,303
271,612 367,303
11. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Accelerated capital allowances 50,372 77,918
12. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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13. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 55,977 52,500
Later than one year and not later than five years 244,774 210,000
Later than five years 65,625 118,125
366,376 380,625
14. Pension Commitments
The company operates a defined contribution pension scheme and the assets of the scheme are held separately from those of the company in independently administered funds. 
At the balance sheet date unpaid contributions of £1,211 (2024: £204) were due to the fund which are included in Other creditors.
15. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 September 2024 Amounts advanced Amounts repaid Amounts written off As at 31 August 2025
£ £ £ £ £
Mr Christopher Mullen - 34,853 (33,274 ) - 1,578
The above loan is unsecured and repayable on demand.
No interest is charged on the loan as it is below £10,000.
16. Ultimate Parent Undertaking and Controlling Party
Diverse Trainers Limited is a wholly owned subsidiary of Diverse Business Group Limited .
Diverse Business Group Limited is a company controlled by Mr C M Mullen who own 100% of the issued share capital.
Diverse Business Group Limited was incorporated in the United Kingdom. As a small group, Diverse Business Group Limited is exempt from the requirement to prepare consolidated financial statements.
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