Acorah Software Products - Accounts Production 19.2.450 false true true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 11277594 Mr M Poppenborg Mrs E L Poppenborg iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11277594 2025-03-31 11277594 2026-03-31 11277594 2025-04-01 2026-03-31 11277594 frs-core:CurrentFinancialInstruments 2026-03-31 11277594 frs-core:PlantMachinery 2026-03-31 11277594 frs-core:PlantMachinery 2025-04-01 2026-03-31 11277594 frs-core:PlantMachinery 2025-03-31 11277594 frs-core:ShareCapital 2026-03-31 11277594 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 11277594 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 11277594 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 11277594 frs-bus:SmallEntities 2025-04-01 2026-03-31 11277594 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 11277594 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 11277594 frs-bus:Director1 2025-04-01 2026-03-31 11277594 frs-bus:Director2 2025-04-01 2026-03-31 11277594 frs-countries:EnglandWales 2025-04-01 2026-03-31 11277594 2024-03-31 11277594 2025-03-31 11277594 2024-04-01 2025-03-31 11277594 frs-core:CurrentFinancialInstruments 2025-03-31 11277594 frs-core:ShareCapital 2025-03-31 11277594 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 11277594
Challenging Assumptions Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
McPhersons Walpole Harding
ACCA
Citibase Brighton
95 Ditchling Road
Brighton
BN1 4ST
Challenging Assumptions Ltd
Contents
Contents

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

Page 1
Challenging Assumptions Ltd
Balance Sheet
As At 31 March 2026
Balance Sheet
Registered number: 11277594

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 1,639 |  | 2,185
|  |  | 1,639 |  | 2,185
CURRENT ASSETS
Debtors | 5 | 1,186 |  | 9,761 |
Investments | 6 | 84,265 |  | 53,745 |
Cash at bank and in hand |  | 8,310 |  | 2,039 |
|  | 93,761 |  | 65,545 |
Creditors: Amounts Falling Due Within One Year | 7 | (34,744 ) |  | (32,128 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 59,017 |  | 33,417
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 60,656 |  | 35,602
NET ASSETS |  |  | 60,656 |  | 35,602
CAPITAL AND RESERVES
Called up share capital | 8 |  | 3,000 |  | 3,000
Profit and Loss Account |  |  | 57,656 |  | 32,602
SHAREHOLDERS' FUNDS |  |  | 60,656 |  | 35,602

Page 1
Page 2
Challenging Assumptions Ltd
Balance Sheet (continued)
As At 31 March 2026
For the year ending 31 March 2026 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 M Poppenborg Director
1 June 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Challenging Assumptions Ltd
Notes to the Financial Statements
For The Year Ended 31 March 2026
Notes to the Financial Statements
1. General Information
Challenging Assumptions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11277594 . The registered office is 40 Falmer Avenue, Saltdean, BN2 8FG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
The presentation currency is £ sterling.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. Accordingly the accounts are prepared on the going concern basis.
2.3. 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.
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:

Plant & Machinery | 25% on the reducing balance basis

2.5. Financial Instruments
Financial instruments are recognised in the company's statement of financial position when the company become party to the contractual provisions of the instrument.
Cash and cash equivalents
Cash and cash equivalents are basic financial instruments and include cash in hand, deposits held at call with banks, other short term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings within current liabilities.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
...CONTINUED
Page 3
Page 4
Challenging Assumptions Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
2.5. Financial Instruments - continued
Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Investments
Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
Page 4
Page 5
Challenging Assumptions Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
4. Tangible Assets

| Plant & Machinery
--- | ---
| £
Cost
As at 1 April 2025 | 4,584
As at 31 March 2026 | 4,584
Depreciation
As at 1 April 2025 | 2,399
Provided during the period | 546
As at 31 March 2026 | 2,945
Net Book Value
As at 31 March 2026 | 1,639
As at 1 April 2025 | 2,185

5. Debtors

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 1,186 |  | 9,761

6. Current Asset Investments

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Unlisted investments | 84,265 |  | 53,745

7. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Other creditors | 3,313 |  | 4,877
Taxation and social security | 31,431 |  | 27,251
| 34,744 |  | 32,128

8. Share Capital

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 3,000 |  | 3,000

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