Acorah Software Products - Accounts Production 19.2.450 false true true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 11947348 Mr S Jennings iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11947348 2024-06-30 11947348 2025-06-30 11947348 2024-07-01 2025-06-30 11947348 frs-core:Non-currentFinancialInstruments 2025-06-30 11947348 frs-core:FurnitureFittings 2024-07-01 2025-06-30 11947348 frs-core:PlantMachinery 2024-07-01 2025-06-30 11947348 frs-core:ShareCapital 2025-06-30 11947348 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 11947348 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 11947348 frs-bus:AbridgedAccounts 2024-07-01 2025-06-30 11947348 frs-bus:SmallEntities 2024-07-01 2025-06-30 11947348 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 11947348 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 11947348 frs-bus:Director1 2024-07-01 2025-06-30 11947348 frs-countries:EnglandWales 2024-07-01 2025-06-30 11947348 2023-06-30 11947348 2024-06-30 11947348 2023-07-01 2024-06-30 11947348 frs-core:Non-currentFinancialInstruments 2024-06-30 11947348 frs-core:ShareCapital 2024-06-30 11947348 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: 11947348
DEBT MOVEMENT UK LTD
ABRIDGED Financial Statements
For The Year Ended 30 June 2025
DNTCA Ltd
Chartered Accountants
DEBT MOVEMENT UK LTD
Contents
Contents

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

Page 1
DEBT MOVEMENT UK LTD
Abridged Balance Sheet
As At 30 June 2025
Abridged Balance Sheet
Registered number: 11947348

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | - |  | 23,596
|  |  | - |  | 23,596
CURRENT ASSETS
Debtors |  | 2,718,281 |  | 5,086,895 |
Cash at bank and in hand |  | 3,823 |  | 175,069 |
|  | 2,722,104 |  | 5,261,964 |
Creditors: Amounts Falling Due Within One Year |  | (84,945 ) |  | (2,254,521 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 2,637,159 |  | 3,007,443
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,637,159 |  | 3,031,039
Creditors: Amounts Falling Due After More Than One Year |  |  | (6,935,096 ) |  | (8,758,053 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | - |  | (5,899 )
NET LIABILITIES |  |  | (4,297,937 ) |  | (5,732,913 )
CAPITAL AND RESERVES
Called up share capital | 5 |  | 1 |  | 1
Profit and Loss Account |  |  | (4,297,938 ) |  | (5,732,914 )
SHAREHOLDERS' FUNDS |  |  | (4,297,937) |  | (5,732,913)

Page 1
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DEBT MOVEMENT UK LTD
Abridged Balance Sheet (continued)
As At 30 June 2025
For the year ending 30 June 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 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 Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 June 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board

Mr S Jennings Director
29 June 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
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DEBT MOVEMENT UK LTD
Notes to the Abridged Financial Statements
For The Year Ended 30 June 2025
Notes to the Abridged Financial Statements
1. General Information
DEBT MOVEMENT UK LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11947348 . The registered office is International House, 61 Mosley Street, Manchester, M2 3HZ.
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 company has net liabilities of £4,297,937 at 30 June 2025 and is reliant on the continued financial support of its parent undertaking, Tanaris Limited.
The directors have received confirmation that the parent will continue to provide financial support for a period of at least 12 months from the date of approval of these financial statements.
On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.
2.3. Significant judgements and estimations
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the reported amounts of assets and liabilities and income and expenses. Actual results may differ from these estimates.
The principal areas of judgement and estimation relate to the recoverability of debtors, including an assessment of expected credit losses based on historical experience and current economic conditions, and the classification of large creditors.
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 rendering of services.
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:

Plant & Machinery | 33% Straight line
Fixtures & Fittings | 33% Straight line

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Page 4
DEBT MOVEMENT UK LTD
Notes to the Abridged Financial Statements (continued)
For The Year Ended 30 June 2025
2.6. 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.
The deferred tax liability recognised in the prior year has been released in the current year following changes in timing differences.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 31)
2 31
4. Tangible Assets

| Total
--- | ---
| £
Cost
As at 1 July 2024 | 330,163
Disposals | (330,163 )
As at 30 June 2025 | -
Depreciation
As at 1 July 2024 | 306,567
Provided during the period | 10,820
Disposals | (317,387 )
As at 30 June 2025 | -

...CONTINUED
Page 4
Page 5
DEBT MOVEMENT UK LTD
Notes to the Abridged Financial Statements (continued)
For The Year Ended 30 June 2025

Net Book Value
As at 30 June 2025 | -
As at 1 July 2024 | 23,596

5. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1 |  | 1

6. Capital Commitments
At the end of the period, the company had no material capital commitments.
7. Pension Commitments
The company operates a defined contribution pension scheme. The amount recognised in profit or loss as an expense in relation to defined contribution plans was £13,211 (2024: £64,069).
8. Related Party Transactions
The company's immediate and ultimate parent undertaking is Tanaris Limited, incorporated in Gibraltar. At 30 June 2025 amounts due to the parent undertaking totalled £6,935,096 (2024: £8,758,053). The parent undertaking has confirmed its intention to provide ongoing financial support to the company.
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