Acorah Software Products - Accounts Production 19.2.450 false true false 30 April 2024 31 May 2025 31 May 2025 15751241 Mr Iwan Roberts Miss Lucy Jackson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15751241 2024-04-29 15751241 2025-05-31 15751241 2024-04-30 2025-05-31 15751241 frs-core:CurrentFinancialInstruments 2025-05-31 15751241 frs-core:BetweenOneFiveYears 2025-05-31 15751241 frs-core:FurnitureFittings 2025-05-31 15751241 frs-core:FurnitureFittings 2024-04-30 2025-05-31 15751241 frs-core:FurnitureFittings 2024-04-29 15751241 frs-core:PlantMachinery 2025-05-31 15751241 frs-core:PlantMachinery 2024-04-30 2025-05-31 15751241 frs-core:PlantMachinery 2024-04-29 15751241 frs-core:WithinOneYear 2025-05-31 15751241 frs-core:SharePremium 2025-05-31 15751241 frs-core:ShareCapital 2025-05-31 15751241 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 15751241 frs-bus:PrivateLimitedCompanyLtd 2024-04-30 2025-05-31 15751241 frs-bus:FilletedAccounts 2024-04-30 2025-05-31 15751241 frs-bus:SmallEntities 2024-04-30 2025-05-31 15751241 frs-bus:AuditExempt-NoAccountantsReport 2024-04-30 2025-05-31 15751241 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-30 2025-05-31 15751241 frs-bus:OrdinaryShareClass1 2024-04-30 2025-05-31 15751241 frs-bus:OrdinaryShareClass1 2025-05-31 15751241 frs-bus:Director1 2024-04-30 2025-05-31 15751241 frs-bus:Director2 2024-04-30 2025-05-31 15751241 frs-countries:EnglandWales 2024-04-30 2025-05-31
Registered number: 15751241
Sioptec Ltd
Unaudited Financial Statements
For the Period 30 April 2024 to 31 May 2025
Sioptec Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Sioptec Ltd
Balance Sheet
As At 31 May 2025
Balance Sheet
Registered number: 15751241

| 31 May 2025
--- | ---
| Notes | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 70,713
|  |  | 70,713
CURRENT ASSETS
Stocks | 5 | 1,775 |
Debtors | 6 | 7,895 |
Cash at bank and in hand |  | 7,284 |
|  | 16,954 |
Creditors: Amounts Falling Due Within One Year | 7 | (19,351 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (2,397 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 68,316
NET ASSETS |  |  | 68,316
CAPITAL AND RESERVES
Called up share capital | 9 |  | 600
Share premium account |  |  | 99,842
Profit and Loss Account |  |  | (32,126 )
SHAREHOLDERS' FUNDS |  |  | 68,316

Page 1
Page 2
Sioptec Ltd
Balance Sheet (continued)
As At 31 May 2025
For the period ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 Iwan Roberts Director
26 June 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Sioptec Ltd
Notes to the Financial Statements
For the Period 30 April 2024 to 31 May 2025
Notes to the Financial Statements
1. General Information
Sioptec Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15751241 . The registered office is 29 Brighton Avenue, Stockport, SK5 6LS.
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% Reducing balance
Fixtures & Fittings | 25% Reducing balance

2.4. 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.
2.5. 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
Page 3
Page 4
Sioptec Ltd
Notes to the Financial Statements (continued)
For the Period 30 April 2024 to 31 May 2025
4. Tangible Assets

| Plant & Machinery | Fixtures & Fittings | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 30 April 2024 | - | - | -
Additions | 75,849 | 6,290 | 82,139
As at 31 May 2025 | 75,849 | 6,290 | 82,139
Depreciation
As at 30 April 2024 | - | - | -
Provided during the period | 10,607 | 819 | 11,426
As at 31 May 2025 | 10,607 | 819 | 11,426
Net Book Value
As at 31 May 2025 | 65,242 | 5,471 | 70,713
As at 30 April 2024 | - | - | -

5. Stocks

| 31 May 2025
--- | ---
| £
Stock - Finished goods | 1,225
Stock - Work in progress | 550
| 1,775

6. Debtors

| 31 May 2025
--- | ---
| £
Due within one year
Trade debtors | 1,000
Other debtors | 6,895
| 7,895

7. Creditors: Amounts Falling Due Within One Year

| 31 May 2025
--- | ---
| £
Net obligations under finance lease and hire purchase contracts | 1,174
Amounts owed to participating interests | 17,177
Other creditors | 1,000
| 19,351

Page 4
Page 5
Sioptec Ltd
Notes to the Financial Statements (continued)
For the Period 30 April 2024 to 31 May 2025
8. Obligations Under Finance Leases and Hire Purchase

| 31 May 2025
--- | ---
| £
The future minimum finance lease payments are as follows:
Not later than one year | 1,174
Later than one year and not later than five years | -
| 1,174
| 1,174

9. Share Capital

| 31 May 2025
--- | ---
Allotted, called up and fully paid | £
95 Ordinary Shares of £ 6.32 each | 600

Shares issued during the period: | £
95 Ordinary Shares of £ 6.32 each | 600

Page 5