Acorah Software Products - Accounts Production 19.2.350 false true true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 11629733 Mr Max Alistair Reeves Flowerdew iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11629733 2024-10-31 11629733 2025-10-31 11629733 2024-11-01 2025-10-31 11629733 frs-core:CurrentFinancialInstruments 2025-10-31 11629733 frs-core:Non-currentFinancialInstruments 2025-10-31 11629733 frs-core:ComputerEquipment 2025-10-31 11629733 frs-core:ComputerEquipment 2024-11-01 2025-10-31 11629733 frs-core:ComputerEquipment 2024-10-31 11629733 frs-core:FurnitureFittings 2025-10-31 11629733 frs-core:FurnitureFittings 2024-11-01 2025-10-31 11629733 frs-core:FurnitureFittings 2024-10-31 11629733 frs-core:MotorVehicles 2025-10-31 11629733 frs-core:MotorVehicles 2024-11-01 2025-10-31 11629733 frs-core:MotorVehicles 2024-10-31 11629733 frs-core:SharePremium 2025-10-31 11629733 frs-core:ShareCapital 2025-10-31 11629733 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 11629733 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 11629733 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 11629733 frs-bus:SmallEntities 2024-11-01 2025-10-31 11629733 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 11629733 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 11629733 frs-core:CostValuation 2024-10-31 11629733 frs-core:AdditionsToInvestments 2025-10-31 11629733 frs-core:CostValuation 2025-10-31 11629733 frs-core:ProvisionsForImpairmentInvestments 2024-10-31 11629733 frs-core:ProvisionsForImpairmentInvestments 2025-10-31 11629733 frs-bus:Director1 2024-11-01 2025-10-31 11629733 frs-core:CurrentFinancialInstruments 1 2025-10-31 11629733 frs-core:CurrentFinancialInstruments 2 2025-10-31 11629733 frs-countries:EnglandWales 2024-11-01 2025-10-31 11629733 2023-10-31 11629733 2024-10-31 11629733 2023-11-01 2024-10-31 11629733 frs-core:CurrentFinancialInstruments 2024-10-31 11629733 frs-core:Non-currentFinancialInstruments 2024-10-31 11629733 frs-core:SharePremium 2024-10-31 11629733 frs-core:ShareCapital 2024-10-31 11629733 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 11629733 frs-core:CurrentFinancialInstruments 1 2024-10-31 11629733 frs-core:CurrentFinancialInstruments 2 2024-10-31
Registered number: 11629733
Seven20.IO Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2025
OnTheGo Accountants
330 Holborn Gate
High Holborn
London
WC1V 7QH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 11629733
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 15,579 111,942
Investments 5 10 -
15,589 111,942
CURRENT ASSETS
Debtors 6 396,108 314,692
Cash at bank and in hand 775,469 487,826
1,171,577 802,518
Creditors: Amounts Falling Due Within One Year 7 (1,011,149 ) (638,153 )
NET CURRENT ASSETS (LIABILITIES) 160,428 164,365
TOTAL ASSETS LESS CURRENT LIABILITIES 176,017 276,307
Creditors: Amounts Falling Due After More Than One Year 8 - (72,203 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 9 (4,001 ) (27,986 )
NET ASSETS 172,016 176,118
CAPITAL AND RESERVES
Called up share capital 10 1 1
Share premium account 99,998 99,998
Profit and Loss Account 72,017 76,119
SHAREHOLDERS' FUNDS 172,016 176,118
Page 1
Page 2
For the year ending 31 October 2025 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 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.
On behalf of the board
Mr Max Alistair Reeves Flowerdew
Director
09/07/2026
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
Seven20.IO Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11629733 . The registered office is SEVEN20.IO LTD UNIT 208, THE VANILLA FACTORY, 39 FLEET STREET, LIVERPOOL, UNITED KINGDOM, L1 4AR.
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.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
2.2. Going Concern Disclosure
The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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.
2.4. 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:
Motor Vehicles 5 years diminishing balance
Fixtures & Fittings 3 years straight line
Computer Equipment 3 years straight line
2.5. 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.
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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.
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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.
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.
2.9. Employee benefits
Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.
2.10. Borrowing costs
Borrowing costs that are directly attributable to acquisition, construction or production of qualifying assets, are capitalised as part of the cost of those assets. Capitalisation begins when both finance costs and expenditures for the asset are being incurred and activities that are necessary to get the asset ready for use are in progress. Capitalisation ceases when substantially all the activities that are necessary to get the asset ready for use are complete.
All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
2.11. Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents
Cash and cash equivalents are basic financial assets 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 in creditors: amounts falling due within one year.
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
Ordinary share capital
The ordinary share capital of the Company is presented as equity.
...CONTINUED
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2.11. Trade and other debtors - continued
3. Average Number of Employees
Average number of employees, including directors, during the year was: 34 (2024: 25)
34 25
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2024 106,386 6,433 38,429 151,248
Additions - 904 1,685 2,589
Disposals (106,386 ) - - (106,386 )
As at 31 October 2025 - 7,337 40,114 47,451
Depreciation
As at 1 November 2024 19,179 1,775 18,352 39,306
Provided during the period - 2,331 9,414 11,745
Disposals (19,179 ) - - (19,179 )
As at 31 October 2025 - 4,106 27,766 31,872
Net Book Value
As at 31 October 2025 - 3,231 12,348 15,579
As at 1 November 2024 87,207 4,658 20,077 111,942
5. Investments
Other
£
Cost or Valuation
As at 1 November 2024 -
Additions 10
As at 31 October 2025 10
Provision
As at 1 November 2024 -
As at 31 October 2025 -
Net Book Value
As at 31 October 2025 10
As at 1 November 2024 -
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 308,714 262,401
Prepayments and accrued income 12,960 26,833
Other debtors 74,434 16,140
Accrued revenue - 7,022
Net wages - 2,296
396,108 314,692
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 61,131 52,028
Other loans - 17,232
Other taxes and social security 62,412 -
VAT 71,463 34,581
Other creditors 6,672 6,514
Income in Advance 703,249 449,412
Sales commission accrual 14,358 6,584
Accruals and deferred income 91,864 47,181
Director's loan account - 24,621
1,011,149 638,153
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other loans - 72,203
9. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Other timing differences 4,001 27,986
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
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