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Registered number: 11922509
Canny Comms Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 11922509
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 28,699 14,074
28,699 14,074
CURRENT ASSETS
Debtors 5 160,044 212,032
Cash at bank and in hand 2,015 165,070
162,059 377,102
Creditors: Amounts Falling Due Within One Year 6 (190,322 ) (180,321 )
NET CURRENT ASSETS (LIABILITIES) (28,263 ) 196,781
TOTAL ASSETS LESS CURRENT LIABILITIES 436 210,855
Creditors: Amounts Falling Due After More Than One Year 7 (22,226 ) -
PROVISIONS FOR LIABILITIES
Deferred Taxation (7,500 ) (3,500 )
NET (LIABILITIES)/ASSETS (29,290 ) 207,355
CAPITAL AND RESERVES
Called up share capital 8 1 1
Share premium account 6,198 -
Profit and Loss Account (35,489 ) 207,354
SHAREHOLDERS' FUNDS (29,290) 207,355
Page 1
Page 2
For the year ending 28 February 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 her 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
Mrs Lindsay Compton
Director
19 June 2026
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Canny Comms Ltd is a private company, limited by shares, incorporated in England & Wales, the registered number is 11922509 . The registered office is Building B, The Lyle Building Clewer Road, Porton Down, Salisbury, Wiltshire, SP4 0DQ.
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 directors believe the company to be a going concern and will continue to give their support to the company over the next 12 months. 
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of value added taxes. Turnover includes revenue earned from the provision of services and is recogonised at the point of invoice. If the provision of services spans the financial year end, it is measured by reviewing the actual services performed against the total services to be provided and is only recognised if it can be estimated reliably.
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:
Fixtures & fittings 20% Straight line
Computer equipment 20% Reducing balance & 33.33% Straight line
2.5. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. 
Assets acquired under hire purchase contracts are depreciated over their useful lives.
Assets acquired under finance leases are depreciated over the shorter of the lease term and 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 profit and loss account as incurred.
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2.6. Financial Instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.
Trade debtors and creditors are classified as basic financial instruments and are recognised at transaction price less any impairment. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.
Other debtors and creditors are measured at amortised cost using the effective interest rate method. 
Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.
Financial liabilities and equity instruments issued by the company are classified in accordance with 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. Equity instruments issued by the company are recorded at the proceeds received.
2.7. Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account 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 
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 asset reflects 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.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2025: 7)
11 7
4. Tangible Assets
Fixtures & fittings Computer equipment Total
£ £ £
Cost
As at 1 March 2025 9,917 9,954 19,871
Additions 13,598 7,483 21,081
Disposals (257 ) - (257 )
As at 28 February 2026 23,258 17,437 40,695
Depreciation
As at 1 March 2025 2,712 3,085 5,797
Provided during the period 3,758 2,469 6,227
Disposals (28 ) - (28 )
As at 28 February 2026 6,442 5,554 11,996
Net Book Value
As at 28 February 2026 16,816 11,883 28,699
As at 1 March 2025 7,205 6,869 14,074
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 59,734 137,546
Other debtors 100,310 74,486
160,044 212,032
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 14,740 33,322
Bank loans and overdrafts 46,867 -
Other creditors 60,626 66,660
Taxation and social security 68,089 80,339
190,322 180,321
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7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 22,226 -
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2026 2025
£ £
Bank loans 11,294 -
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1 1
During the year, 26 ordinary shares of £0.01 each were issued fully paid for cash at £238.37.
The holders of ordinary shares are entitled to receive dividends as declared from time to time and are entitled to full voting rights. 
Called-up share capital represents the nominal value of shares that have been issued.
The share premium reserve contains the premium arising on issue of equity shares.
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2026 2025
£ £
Not later than one year 5,974 5,974
Later than one year and not later than five years 5,975 11,949
11,949 17,923
10. Directors Advances, Credits and Guarantees
Included within Debtors are loans made to a director. The balance at the year end was £22,127 (2025 : £956 Cr).
Interest was charged on the loan at a rate of 3.75% and loan is repayable on demand.
11. Related Party Transactions
During the year, a director of the company provided a personal guarantee to secure a bank loan facility for the company. The guarantee was provided for nil consideration. At the balance sheet date, the total amount of outstanding debt secured by this personal guarantee was £24,959 (2025: £nil).
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12. Dividend
The dividend was paid unknowingly and the Director undertakes to make no further distribution until such time as there are reserves available for the purpose.
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