Acorah Software Products - Accounts Production 19.2.450 false true true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 10346304 Mr Craig Wilson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10346304 2024-08-31 10346304 2025-08-31 10346304 2024-09-01 2025-08-31 10346304 frs-core:CurrentFinancialInstruments 2025-08-31 10346304 frs-core:Non-currentFinancialInstruments 2025-08-31 10346304 frs-core:ComputerEquipment 2024-09-01 2025-08-31 10346304 frs-core:MotorVehicles 2025-08-31 10346304 frs-core:MotorVehicles 2024-09-01 2025-08-31 10346304 frs-core:MotorVehicles 2024-08-31 10346304 frs-core:PlantMachinery 2025-08-31 10346304 frs-core:PlantMachinery 2024-09-01 2025-08-31 10346304 frs-core:PlantMachinery 2024-08-31 10346304 frs-core:ShareCapital 2025-08-31 10346304 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 10346304 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 10346304 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 10346304 frs-bus:SmallEntities 2024-09-01 2025-08-31 10346304 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 10346304 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 10346304 frs-bus:Director1 2024-09-01 2025-08-31 10346304 frs-bus:Director1 2024-08-31 10346304 frs-bus:Director1 2025-08-31 10346304 frs-core:CurrentFinancialInstruments 2 2025-08-31 10346304 frs-core:CurrentFinancialInstruments 4 2025-08-31 10346304 frs-countries:EnglandWales 2024-09-01 2025-08-31 10346304 2023-08-31 10346304 2024-08-31 10346304 2023-09-01 2024-08-31 10346304 frs-core:CurrentFinancialInstruments 2024-08-31 10346304 frs-core:Non-currentFinancialInstruments 2024-08-31 10346304 frs-core:ShareCapital 2024-08-31 10346304 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 10346304 frs-core:CurrentFinancialInstruments 2 2024-08-31 10346304 frs-core:CurrentFinancialInstruments 4 2024-08-31
Registered number: 10346304
Qocept Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2025
Accountancy 365 Ltd
ICAEW
Unit 2A
The Cadcam Centre, High Force Rd, Riverside Park
Middlesbrough
Cleveland
TS2 1RH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10346304
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,072 14,051
11,072 14,051
CURRENT ASSETS
Debtors 5 3,222,158 3,141,318
Cash at bank and in hand 155,870 118,533
3,378,028 3,259,851
Creditors: Amounts Falling Due Within One Year 6 (1,178,285 ) (1,196,801 )
NET CURRENT ASSETS (LIABILITIES) 2,199,743 2,063,050
TOTAL ASSETS LESS CURRENT LIABILITIES 2,210,815 2,077,101
Creditors: Amounts Falling Due After More Than One Year 7 (21,847 ) (27,103 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,768 ) (3,513 )
NET ASSETS 2,186,200 2,046,485
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 2,186,198 2,046,483
SHAREHOLDERS' FUNDS 2,186,200 2,046,485
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 Craig Wilson
Director
3rd June 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
Qocept Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10346304 . The registered office is 71-75 Shelton Street , London Greater, London, United Kingdom, WC2H 9JQ.
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 entered into a Company Voluntary Arrangement (“CVA”) with its creditors in December 2024 in order to restructure its liabilities and improve cash flow.
Since entering into the arrangement, the company’s trading performance and cash position have improved and the directors consider the company able to meet its liabilities as they fall due.
The directors have prepared forecasts and cash flow projections which demonstrate that the company will have sufficient resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on the going concern basis.
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.
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:
Plant & Machinery 20% Straight Line
Motor Vehicles 20% Reducing Balance
Computer Equipment .
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.
...CONTINUED
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2.6. Taxation - continued
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: 2 (2024: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 September 2024 20,246 15,442 35,688
Additions 3,315 - 3,315
As at 31 August 2025 23,561 15,442 39,003
Depreciation
As at 1 September 2024 14,102 7,535 21,637
Provided during the period 4,712 1,582 6,294
As at 31 August 2025 18,814 9,117 27,931
Net Book Value
As at 31 August 2025 4,747 6,325 11,072
As at 1 September 2024 6,144 7,907 14,051
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 135,289 227,029
Prepayments and accrued income 76,712 146,920
S455 Tax recovrable 302,248 258,120
Intercompany loan 828,698 701,008
Other debtors - HSO 3,688 2,083
Director's loan account 1,875,523 1,806,158
3,222,158 3,141,318
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6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 108,464 148,031
Bank loans and overdrafts 6,300 6,300
Corporation tax 947,174 820,901
Other taxes and social security 19,387 3,720
VAT 17,884 131,415
Accruals and deferred income 79,076 86,434
1,178,285 1,196,801
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 21,847 27,103
Included within creditors are liabilities subject to the terms of the Company Voluntary Arrangement approved in December 2024.
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
9. 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 Craig Wilson 1,806,158 349,436 175,583 - 1,980,011
The above loan is unsecured, repayable on demand and interest charged at 2.25%.  
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