Acorah Software Products - Accounts Production 19.3.550 false true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 10986369 Mr G Beestone Mr R Seary iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10986369 2025-03-31 10986369 2026-03-31 10986369 2025-04-01 2026-03-31 10986369 frs-core:CurrentFinancialInstruments 2026-03-31 10986369 frs-core:FurnitureFittings 2026-03-31 10986369 frs-core:FurnitureFittings 2025-04-01 2026-03-31 10986369 frs-core:FurnitureFittings 2025-03-31 10986369 frs-core:MotorVehicles 2026-03-31 10986369 frs-core:MotorVehicles 2025-04-01 2026-03-31 10986369 frs-core:MotorVehicles 2025-03-31 10986369 frs-core:PlantMachinery 2026-03-31 10986369 frs-core:PlantMachinery 2025-04-01 2026-03-31 10986369 frs-core:PlantMachinery 2025-03-31 10986369 frs-core:ShareCapital 2026-03-31 10986369 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 10986369 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 10986369 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 10986369 frs-bus:SmallEntities 2025-04-01 2026-03-31 10986369 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 10986369 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 10986369 frs-bus:Director1 2025-04-01 2026-03-31 10986369 frs-bus:Director2 2025-04-01 2026-03-31 10986369 1 2025-04-01 2026-03-31 10986369 2 2025-04-01 2026-03-31 10986369 frs-countries:EnglandWales 2025-04-01 2026-03-31 10986369 2024-03-31 10986369 2025-03-31 10986369 2024-04-01 2025-03-31 10986369 frs-core:CurrentFinancialInstruments 2025-03-31 10986369 frs-core:ShareCapital 2025-03-31 10986369 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10986369 1 2024-04-01 2025-03-31 10986369 2 2024-04-01 2025-03-31
Registered number: 10986369
GBA Studios Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
GBA Studios Limited
Contents
Contents

| Page
--- | ---
Statement of Financial Position | 1—2
Notes to the Financial Statements | 3—5

Page 1
GBA Studios Limited
Statement of Financial Position
As At 31 March 2026
Statement of Financial Position
Registered number: 10986369

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 51,373 |  | 64,594
|  |  | 51,373 |  | 64,594
CURRENT ASSETS
Stocks | 5 | 282,771 |  | 334,167 |
Debtors | 6 | 165,998 |  | 238,502 |
Investments | 7 | 100 |  | - |
Cash at bank and in hand |  | 130,100 |  | 152,573 |
|  | 578,969 |  | 725,242 |
Creditors: Amounts Falling Due Within One Year | 8 | (63,010 ) |  | (238,692 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 515,959 |  | 486,550
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 567,332 |  | 551,144
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (12,111 ) |  | (16,149 )
NET ASSETS |  |  | 555,221 |  | 534,995
CAPITAL AND RESERVES
Called up share capital | 9 |  | 100 |  | 100
Income Statement |  |  | 555,121 |  | 534,895
SHAREHOLDERS' FUNDS |  |  | 555,221 |  | 534,995

Page 1
Page 2
GBA Studios Limited
Statement of Financial Position (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 Income Statement.
On behalf of the board

Mr G Beestone Director | Mr R Seary Director
13/07/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
GBA Studios Limited
Notes to the Financial Statements
For The Year Ended 31 March 2026
Notes to the Financial Statements
1. General Information
GBA Studios Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10986369 . The registered office is Unit 6, The Tramsheds, Coomber Way, Croydon, CR0 4TQ.
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.
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 | 4 Years Straight Line
Motor Vehicles | 25% Reducing Balance
Fixtures & Fittings | 10 Years Straight Line

2.4. 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.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.
2.6. 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 year 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.
...CONTINUED
Page 3
Page 4
GBA Studios Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
2.6. Taxation - continued
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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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:

| 2026 |  | 2025
--- | --- | --- | ---
Directors | 2 |  | 2
Employees | 2 |  | 3
| 4 |  | 5

4. Tangible Assets

| Plant & Machinery | Motor Vehicles | Fixtures & Fittings | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 April 2025 | 5,037 | 16,250 | 97,267 | 118,554
As at 31 March 2026 | 5,037 | 16,250 | 97,267 | 118,554
Depreciation
As at 1 April 2025 | 4,590 | 4,063 | 45,307 | 53,960
Provided during the period | 447 | 3,047 | 9,727 | 13,221
As at 31 March 2026 | 5,037 | 7,110 | 55,034 | 67,181
Net Book Value
As at 31 March 2026 | - | 9,140 | 42,233 | 51,373
As at 1 April 2025 | 447 | 12,187 | 51,960 | 64,594

5. Stocks

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Finished goods | 282,771 |  | 334,167

Page 4
Page 5
GBA Studios Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
6. Debtors

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 29,690 |  | 100,277
Prepayments and accrued income | 60,416 |  | 21,243
Other debtors | 70,900 |  | 81,900
VAT | 4,992 |  | 34,982
Called up share capital not paid | - |  | 100
| 165,998 |  | 238,502

7. Current Asset Investments

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Shares in subsidiaries | 100 |  | -

8. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Trade creditors | 12,501 |  | 49,202
Corporation tax | 8,113 |  | 28,214
Other creditors | 33,896 |  | 4,394
Accruals and deferred income | 8,500 |  | 155,022
Amounts owed to group undertakings | - |  | 1,860
| 63,010 |  | 238,692

9. Share Capital

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Called Up Share Capital not Paid | - |  | 100
Called Up Share Capital has been paid up | 100 |  | -
Amount of Allotted, Called Up Share Capital | 100 |  | 100

10. Related Party Transactions
From 1 January 2021 company was under the joint control of Gary Beestone and Richard Seary by virtue of their equal shareholding.
Gary Beestone and Richard Seary are persons with significant control of GBA Studios Limited.
Gary Beestone is a director and 100% Ordinary share holder of Gary Beestone Limited.
During the year £63,000 (2025 : £96,000) was paid to Gary Beestone Limited as management and consultancy fees.
The Last Man Off West End Limited is a subsidary of GBA Studios Limited, who own 100% of the issued share capital since 9 February 2026.
Richard Seary is a Director of The Last Man Off West End Limited.
Page 5