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Registered number: 03193346
Anecoop UK Limited
Directors' Report and
Financial Statements
For the Period 28 September 2024 to 3 October 2025
Contents
Page
Directors' Report 1—2
Independent Auditor's Report 3—6
Statement of Income and Retained Earnings 7
Balance Sheet 8
Notes to the Financial Statements 9—14
Page 1
Directors' Report
The directors present their report and the financial statements for the period ended 3 October 2025.
Principal Activity
The company's principal activity is trading as a grower partner and distributor of fresh produce to the UK market. 
The directors are not aware, at the date of this report of any likely changes in the company’s activities in the forthcoming period.
Directors
The directors who held office during the period were as follows:
J Mir-Piqueras
J Ortiz-Pintor
M Ortiz-Pintor
H El-Mouaffaq
S Tohill-Rogers Appointed 16/12/2024
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards, comprising FRS102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • state whether applicable United Kingdom Accounting Standards, comprising FRS102, have been followed subject to any material departures disclosed and explained in the financial statements;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
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Statement of Disclosure of Information to Auditors
In the case of each director in office at the date the Directors' Report is approved:
  • so far as the director is aware, there is no relevant audit information of which the company's auditors are unaware; and
  • they have taken all the steps that they ought to have taken as directors in order to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information.
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
On behalf of the board
H El-Mouaffaq
Director
04/06/2026
Page 2
Page 3
Independent Auditor's Report
Opinion
We have audited the financial statements of Anecoop UK Limited for the period ended 3 October 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
In our opinion the financial statements:
  • give a true and fair view of the state of the company's affairs as at 3 October 2025 and of its profit/(loss) for the period then ended;
  • have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
  • have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for Opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions Relating to Going Concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
Other Information
The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
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Opinions on Other Matters Prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
  • the information given in the Directors' Report for the financial period for which the financial statements are prepared is consistent with the financial statements; and
  • the Directors' Report have been prepared in accordance with applicable legal requirements.
Matters on Which We Are Required to Report by Exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Directors' Report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
  • adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
  • the financial statements are not in agreement with the accounting records or returns; or
  • certain disclosures of directors' remuneration specified by law are not made; or
  • we have not received all the information and explanations we require for our audit.
Responsibilities of Directors
As explained more fully in the Directors' Responsibilities Statement set out on page 1—2, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.
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Auditor's Responsibilities for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: 
We have identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements from our general commercial experience, knowledge of the sector, a review of regulatory and legal correspondence and through discussions with Directors and other management obtained as part of the work required by auditing standards. We have also discussed with the Directors and other management the policies and procedures relating to compliance with laws and regulations. We communicated laws and regulations throughout the team and remained alert to any indications of non-compliance throughout the audit.
The potential impact of different laws and regulations varies considerably. Firstly, the company is subject to laws and regulations that directly impact the financial statements (for example financial reporting legislation) and we have assessed the extent of compliance with such laws as part of our financial statements audit. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements (including risk of override of controls) and determined that the principal risks were related to management bias in accounting estimates and judgemental areas of the financial statements, as well as the risk of inappropriate journal entries to increase reported profitability. Audit procedures performed by the engagement team included the identification and testing of material and unusual journal entries and challenging management on key accounting estimates, assumptions and judgements made in the preparation of the financial statements. We carried out detailed substantive tests on accounting estimates, including reviewing the methods used by management to make those estimates, re-performing the calculation, and reviewing the outcome of prior year estimates.
Secondly, the company is subject to other laws and regulations where the consequence for non-compliance could have a material effect on the amounts or disclosures in the financial statements. We identified the following areas as those most likely to have such an effect: Health and Safety regulations and Employment laws.
Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of the Directors and other management and inspection. This inspection included a review of external audits conducted within the period, in addition to the company’s employment and health and safety controls. Through these procedures, if we became aware of any non-compliance, we considered the impact on the procedures performed on the related financial statement items.
Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. The further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. As with any audit, there is a greater risk of non-detection of irregularities as these may involve collusion, intentional omissions of the override of internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.
Use Of Our Report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters that we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.
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Alistair Main FCA (Senior Statutory Auditor)
for and on behalf of Duncan and Toplis Audit Limited , Statutory Auditor
04/06/2026
Duncan and Toplis Audit Limited
Enterprise Way
Pinchbeck
Spalding
Lincs
PE11 3YR
Page 6
Page 7
Statement of Income and Retained Earnings
3 October 2025 27 September 2024
Notes £ £
TURNOVER 3 6,052,766 4,374,505
Cost of sales (5,704,303 ) (4,147,687 )
GROSS PROFIT 348,463 226,818
Administrative expenses (340,145 ) (257,245 )
OPERATING PROFIT/(LOSS) 8,318 (30,427 )
Other interest receivable and similar income 7 2,867 1,008
Interest payable and similar charges 8 (1 ) -
PROFIT/(LOSS) BEFORE TAXATION 11,184 (29,419 )
Tax on Profit/(loss) 9 - 55,904
PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL PERIOD 11,184 26,485
RETAINED EARNINGS
As at 28 September 2024 (1,055,470 ) (1,081,955 )
As at 3 October 2025 (1,044,286 ) (1,055,470 )
The notes on pages 9 to 14 form part of these financial statements.
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Balance Sheet
Registered number: 03193346
3 October 2025 27 September 2024
Notes £ £ £ £
FIXED ASSETS
Investments 10 - 51
- 51
CURRENT ASSETS
Stocks 11 49,097 36,265
Debtors 12 1,090,892 1,019,352
Cash at bank and in hand 2,172 211
1,142,161 1,055,828
Creditors: Amounts Falling Due Within One Year 13 (2,186,347 ) (2,111,249 )
NET CURRENT ASSETS (LIABILITIES) (1,044,186 ) (1,055,421 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,044,186 ) (1,055,370 )
NET LIABILITIES (1,044,186 ) (1,055,370 )
CAPITAL AND RESERVES
Called up share capital 15 100 100
Profit and Loss Account (1,044,286 ) (1,055,470 )
SHAREHOLDERS' FUNDS (1,044,186) (1,055,370)
On behalf of the board
H El-Mouaffaq
Director
04/06/2026
The notes on pages 9 to 14 form part of these financial statements.
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Page 9
Notes to the Financial Statements
1. General Information
Anecoop UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03193346 . The registered office is Clay Lake, Spalding, Lincs, PE12 6BL.
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 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The company has sufficient financial resources in relation to its level of activity and remains a key part of group operations.
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.  Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.
2.3. Turnover
Turnover represents net invoiced sales of goods, excluding value added tax, all of which arises in Europe, and is recognised on delivery of goods to the customers.
2.4. Investments
Investments in subsidiaries and associates held as fixed assets are stated at cost less provision for any impairment in value.
2.5. Stocks and Work in Progress
Stocks comprise goods for resale and are stated at the lower of cost and net realisable value based on consignment arrangement where a contracted fixed price is agreed. Stock is recognised on a first in, first out basis. Cost represents contracted purchase price, transportation and handling costs.  Net realisable value is based on estimated selling price.  Provision is made for obsolete, slow-moving or defective items where appropriate.
2.6. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
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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 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. Pensions
The company operates money purchase, externally funded pension schemes covering the majority of its employees, the contributions to which are recognised in the profit and loss account in the period in which they become payable.
2.9. JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenditures during the year.  However, the nature of estimation means that actual outcomes could differ from these estimates. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
The directors consider that there were no material sources of estimation uncertainty that the directors have made in the process of applying the Company’s accounting policies in the current or preceding accounting period. 
3. Turnover
Analysis of turnover by class of business is as follows:
3 October 2025 27 September 2024
£ £
Sale of produce 6,052,766 4,374,505
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4. Auditor's Remuneration
Remuneration received by the company's auditors during the period was as follows:
3 October 2025 27 September 2024
£ £
Audit Services
Audit of the company's financial statements 9,000 8,000
5. Staff Costs
Staff costs, including directors' remuneration, were as follows:
3 October 2025 27 September 2024
£ £
Wages and salaries 256,233 230,588
Social security costs 34,419 28,150
Other pension costs 24,665 8,248
315,317 266,986
6. Average Number of Employees
Average number of employees, including directors, during the period was as follows:
3 October 2025 27 September 2024
Sales and distribution 3 3
3 3
7. Interest Receivable and Similar Income
3 October 2025 27 September 2024
£ £
Bank interest receivable 2,867 1,008
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8. Interest Payable and Similar Charges
3 October 2025 27 September 2024
£ £
Bank loans and overdrafts 1 -
9. Tax on Profit
The tax credit on the profit/(loss) for the period was as follows:
Tax Rate 3 October 2025 27 September 2024
3 October 2025 27 September 2024 £ £
Current tax
UK Corporation Tax - 25.0% - (55,904 )
Total tax charge for the period - (55,904 )
The actual credit for the period can be reconciled to the expected charge/(credit) for the period based on the profit/(loss) and the standard rate of corporation tax as follows:
3 October 2025 27 September 2024
£ £
Profit before tax 11,184 (29,419)
Tax on profit at 25% (UK standard rate) 2,796 (7,355 )
Tax losses utilised (2,796 ) -
Difference in tax rates - (355 )
Group relief - (48,194 )
Total tax charge for the period - (55,904)
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10. Investments
Subsidiaries
£
Cost or Valuation
As at 28 September 2024 51
Disposals (51 )
As at 3 October 2025 -
Provision
As at 28 September 2024 -
As at 3 October 2025 -
Net Book Value
As at 3 October 2025 -
As at 28 September 2024 51
11. Stocks
3 October 2025 27 September 2024
£ £
Stock 49,097 36,265
12. Debtors
3 October 2025 27 September 2024
£ £
Due within one year
Trade debtors 954,603 820,940
Prepayments and accrued income 62,917 131,168
Other debtors 17,368 11,240
Group relief receivable 55,904 55,904
Amounts owed by parent undertaking 100 100
1,090,892 1,019,352
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13. Creditors: Amounts Falling Due Within One Year
3 October 2025 27 September 2024
£ £
Trade creditors 570,043 634,273
Amounts owed to group undertakings - 51
Amounts owed to participating interests 1,597,768 1,454,843
Taxation and social security 10,536 13,857
Accruals and deferred income 8,000 8,225
2,186,347 2,111,249
14. Deferred Taxation
Deferred tax comprises unutilised tax losses at tax value of £138,604 (2024 - £217,870) for which no deferred tax asset is provided in the accounts
15. Share Capital
3 October 2025 27 September 2024
Allotted, called up and fully paid £ £
1 Ordinary Shares of £ 100 each 100 100
16. Pension Commitments
The company operates money purchase, externally funded pension schemes covering the majority of its employees, the contributions to which are recognised in the profit and loss account in the period in which they become payable.
17. Controlling Parties
The ultimate parent company and immediate controlling party is Fesa (UK) Limited, which is registered in England and Wales at Clay Lake, Spalding, Lincs, PE12 6BL. This is the largest group in which the company's results are consolidated. Copies of the group financial statements of Fesa (UK) Limited are available from Companies House, Crown Way, Cardiff, CF4 3UZ.
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