Acorah Software Products - Accounts Production 19.2.450 false true true false 16 April 2025 31 March 2026 31 March 2026 16392365 Mr Trevor Gaughan Mr Trevor Gaughan true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 16392365 2025-04-15 16392365 2026-03-31 16392365 2025-04-16 2026-03-31 16392365 frs-core:CurrentFinancialInstruments 2026-03-31 16392365 frs-core:Non-currentFinancialInstruments 2026-03-31 16392365 frs-core:ComputerEquipment 2026-03-31 16392365 frs-core:ComputerEquipment 2025-04-16 2026-03-31 16392365 frs-core:ComputerEquipment 2025-04-15 16392365 frs-core:ShareCapital 2026-03-31 16392365 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 16392365 frs-bus:PrivateLimitedCompanyLtd 2025-04-16 2026-03-31 16392365 frs-bus:FilletedAccounts 2025-04-16 2026-03-31 16392365 frs-bus:SmallEntities 2025-04-16 2026-03-31 16392365 frs-bus:AuditExempt-NoAccountantsReport 2025-04-16 2026-03-31 16392365 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-16 2026-03-31 16392365 1 2025-04-16 2026-03-31 16392365 frs-core:DeferredTaxation 2025-04-16 2026-03-31 16392365 frs-core:DeferredTaxation 2026-03-31 16392365 frs-bus:Director1 2025-04-16 2026-03-31 16392365 frs-bus:Director1 2025-04-15 16392365 frs-bus:Director1 2026-03-31 16392365 frs-bus:CompanySecretary1 2025-04-16 2026-03-31 16392365 frs-countries:EnglandWales 2025-04-16 2026-03-31
Registered number: 16392365
Sofia Construction Services Ltd
Financial Statements
For the Period 16 April 2025 to 31 March 2026
Sofia Construction Services Ltd
Contents
Contents

| Page
--- | ---
Statement of Financial Position | 1—2
Notes to the Financial Statements | 3—8

Page 1
Sofia Construction Services Ltd
Statement of Financial Position
As At 31 March 2026
Statement of Financial Position
Registered number: 16392365

| 31 March 2026
--- | ---
| Notes | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 687
|  |  | 687
CURRENT ASSETS
Debtors | 5 | 15,330 |
Cash at bank and in hand |  | 26,128 |
|  | 41,458 |
Creditors: Amounts Falling Due Within One Year | 6 | (34,183 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 7,275
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 7,962
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (386 )
PROVISIONS FOR LIABILITIES
Deferred Taxation | 8 |  | (172 )
NET ASSETS |  |  | 7,404
CAPITAL AND RESERVES
Called up share capital | 10 |  | 1
Income Statement |  |  | 7,403
SHAREHOLDERS' FUNDS |  |  | 7,404

Page 1
Page 2
Sofia Construction Services Ltd
Statement of Financial Position (continued)
As At 31 March 2026
For the period ending 31 March 2026 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 Income Statement.
On behalf of the board

Mr Trevor Gaughan Director
10/06/2026

The notes on pages 3 to 8 form part of these financial statements.
Page 2
Page 3
Sofia Construction Services Ltd
Notes to the Financial Statements
For the Period 16 April 2025 to 31 March 2026
Notes to the Financial Statements
1. General Information
Sofia Construction Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 16392365 . The registered office is 30 Abbey Road, Horsell, Woking, GU21 4PG.
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 director has not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Significant judgements and estimations
In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
2.4. 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.
2.5. 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 | 15% - Reducing balance

Page 3
Page 4
Sofia Construction Services Ltd
Notes to the Financial Statements (continued)
For the Period 16 April 2025 to 31 March 2026
2.6. Financial Instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS I 02 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Impairment of financial assets
Financial assets are assessed for indicators of impairment at each reporting date.
Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cashflows at the asset(s) original effective interest rate.
If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit and loss.
Financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities, including creditors, bank loans. loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within on year are not amortised.
Debt instruments are subsequently carried at amortised cost using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.
Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
...CONTINUED
Page 4
Page 5
Sofia Construction Services Ltd
Notes to the Financial Statements (continued)
For the Period 16 April 2025 to 31 March 2026
2.6. Financial Instruments - continued
Derecognition of financial assets
Financial assets are derecognised when their contractual right to future cashflow expire, or are settled, or when the company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards are retained after the transfer of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the company will continue to recognise the value of the portion of the risks and rewards retained.
Derecognition of financial liabilities
Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled.
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 period, 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. Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquistion and that are readily convertible to known amouunts of cash with insignificant risk of change in value.
2.9. Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an Annual General Meeting.
Page 5
Page 6
Sofia Construction Services Ltd
Notes to the Financial Statements (continued)
For the Period 16 April 2025 to 31 March 2026
2.10. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the income statement, directors report, and notes to the financial statements relating to the income statement.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Tangible Assets

| Computer Equipment
--- | ---
| £
Cost
As at 16 April 2025 | -
Additions | 808
As at 31 March 2026 | 808
Depreciation
As at 16 April 2025 | -
Provided during the period | 121
As at 31 March 2026 | 121
Net Book Value
As at 31 March 2026 | 687
As at 16 April 2025 | -

5. Debtors

| 31 March 2026
--- | ---
| £
Due within one year
Trade debtors | 15,330

6. Creditors: Amounts Falling Due Within One Year

| 31 March 2026
--- | ---
| £
Other creditors | 2,200
Taxation and social security | 31,983
| 34,183

Page 6
Page 7
Sofia Construction Services Ltd
Notes to the Financial Statements (continued)
For the Period 16 April 2025 to 31 March 2026
7. Creditors: Amounts Falling Due After More Than One Year

| 31 March 2026
--- | ---
| £
Other creditors | 386

8. Deferred Taxation
The provision for deferred tax is made up as follows:

| 31 March 2026
--- | ---
| £
Other timing differences | 172

9. Provisions for Liabilities

| Deferred Tax | Total
--- | --- | ---
| £ | £
Additions | 172 | 172
Balance at 31 March 2026 | 172 | 172

10. Share Capital

| 31 March 2026
--- | ---
| £
Allotted, Called up and fully paid | 1

11. Directors Advances, Credits and Guarantees
Included within Creditors (note 12) are the following loans from the director:

| As at 16 April 2025 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 March 2026
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Trevor Gaughan | - | 89,918 | 89,532 | - | 386

The above loan is unsecured, interest free and repayable on demand.
Page 7
Page 8
Sofia Construction Services Ltd
Notes to the Financial Statements (continued)
For the Period 16 April 2025 to 31 March 2026
12. Dividends

| 31 March 2026
--- | ---
| £
On equity shares:
Final dividend paid | 73,200

13. Related Party Transactions
Mr Trevor Gaughan has been identified as a related party under the definition of a related party as set out in FRS 102 section 33.2.
14. Ultimate Controlling Party
The company's ultimate controlling party is Mr Trevor Gaughan by virtue of his ownership of 100% of the issued share capital in the company.
Page 8