Acorah Software Products - Accounts Production 19.2.450 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 04874616 N J Burman M P Homan S Little A Homan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04874616 2024-12-31 04874616 2025-12-31 04874616 2025-01-01 2025-12-31 04874616 frs-core:CurrentFinancialInstruments 2025-12-31 04874616 frs-core:ComputerEquipment 2025-12-31 04874616 frs-core:ComputerEquipment 2025-01-01 2025-12-31 04874616 frs-core:ComputerEquipment 2024-12-31 04874616 frs-core:FurnitureFittings 2025-12-31 04874616 frs-core:FurnitureFittings 2025-01-01 2025-12-31 04874616 frs-core:FurnitureFittings 2024-12-31 04874616 frs-core:ShareCapital 2025-12-31 04874616 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 04874616 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 04874616 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 04874616 frs-bus:SmallEntities 2025-01-01 2025-12-31 04874616 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 04874616 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 04874616 frs-bus:Director1 2025-01-01 2025-12-31 04874616 frs-bus:Director2 2025-01-01 2025-12-31 04874616 frs-bus:Director3 2025-01-01 2025-12-31 04874616 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 04874616 frs-countries:EnglandWales 2025-01-01 2025-12-31 04874616 2023-12-31 04874616 2024-12-31 04874616 2024-01-01 2024-12-31 04874616 frs-core:CurrentFinancialInstruments 2024-12-31 04874616 frs-core:ShareCapital 2024-12-31 04874616 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 04874616
Genesis Legal Services Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04874616
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,205 3,934
4,205 3,934
CURRENT ASSETS
Debtors 5 590,598 1,637,847
Cash at bank and in hand 589,910 416,484
1,180,508 2,054,331
Creditors: Amounts Falling Due Within One Year 6 (725,092 ) (1,693,381 )
NET CURRENT ASSETS (LIABILITIES) 455,416 360,950
TOTAL ASSETS LESS CURRENT LIABILITIES 459,621 364,884
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,051 ) (984 )
NET ASSETS 458,570 363,900
CAPITAL AND RESERVES
Called up share capital 7 104 104
Profit and Loss Account 458,466 363,796
SHAREHOLDERS' FUNDS 458,570 363,900
Page 1
Page 2
For the year ending 31 December 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
M P Homan
Director
26 June 2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Genesis Legal Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04874616 . The registered office is 2 & 3 The Barns Longham Farm Close, Ferndown, Dorset, BH22 9DE.
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:
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 33.33 Straight Line Depreciation
2.4. 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 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.
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Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2024: 14)
13 14
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2025 6,825 37,108 43,933
Additions 2,094 2,178 4,272
As at 31 December 2025 8,919 39,286 48,205
Depreciation
As at 1 January 2025 5,937 34,062 39,999
Provided during the period 745 3,256 4,001
As at 31 December 2025 6,682 37,318 44,000
Net Book Value
As at 31 December 2025 2,237 1,968 4,205
As at 1 January 2025 888 3,046 3,934
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 160,814 203,310
Prepayments and accrued income 16,838 17,641
Other debtors 412,946 1,416,896
590,598 1,637,847
Other Debtors is made up of the client account and prepayments.
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 10,359 3,049
Other creditors 419,285 1,423,729
Taxation and social security 295,448 266,603
725,092 1,693,381
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 104 104
Page 4