Acorah Software Products - Accounts Production 19.3.550 false true true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 13254976 Mr Lance Shepherd Ms Claire Fulton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13254976 2025-03-31 13254976 2026-03-31 13254976 2025-04-01 2026-03-31 13254976 frs-core:FurnitureFittings 2025-04-01 2026-03-31 13254976 frs-core:PlantMachinery 2025-04-01 2026-03-31 13254976 frs-core:ShareCapital 2026-03-31 13254976 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 13254976 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 13254976 frs-bus:AbridgedAccounts 2025-04-01 2026-03-31 13254976 frs-bus:SmallEntities 2025-04-01 2026-03-31 13254976 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 13254976 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 13254976 frs-bus:OrdinaryShareClass2 2025-04-01 2026-03-31 13254976 frs-bus:OrdinaryShareClass2 2026-03-31 13254976 frs-bus:OrdinaryShareClass3 2025-04-01 2026-03-31 13254976 frs-bus:OrdinaryShareClass3 2026-03-31 13254976 frs-bus:Director1 2025-04-01 2026-03-31 13254976 frs-bus:Director2 2025-04-01 2026-03-31 13254976 frs-countries:EnglandWales 2025-04-01 2026-03-31 13254976 2024-03-31 13254976 2025-03-31 13254976 2024-04-01 2025-03-31 13254976 frs-core:ShareCapital 2025-03-31 13254976 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 13254976 frs-bus:OrdinaryShareClass2 2024-04-01 2025-03-31 13254976 frs-bus:OrdinaryShareClass3 2024-04-01 2025-03-31
Registered number: 13254976
Fearless Projects Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2026
Fearless Projects Ltd
Contents
Contents

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

Page 1
Fearless Projects Ltd
Abridged Balance Sheet
As At 31 March 2026
Abridged Balance Sheet
Registered number: 13254976

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 129,274 |  | 135,469
|  |  | 129,274 |  | 135,469
CURRENT ASSETS
Debtors |  | 391 |  | 3,861 |
Cash at bank and in hand |  | 6,942 |  | 6,940 |
|  | 7,333 |  | 10,801 |
Creditors: Amounts Falling Due Within One Year |  | (200,719 ) |  | (175,706 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (193,386 ) |  | (164,905 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (64,112 ) |  | (29,436 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (2,018 ) |  | (1,756 )
NET LIABILITIES |  |  | (66,130 ) |  | (31,192 )
CAPITAL AND RESERVES
Called up share capital | 5 |  | 200 |  | 200
Profit and Loss Account |  |  | (66,330 ) |  | (31,392 )
SHAREHOLDERS' FUNDS |  |  | (66,130) |  | (31,192)

Page 1
Page 2
Fearless Projects Ltd
Abridged 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.
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 31 March 2026 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board

Mr Lance Shepherd Director | Ms Claire Fulton Director
01/07/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Fearless Projects Ltd
Notes to the Abridged Financial Statements
For The Year Ended 31 March 2026
Notes to the Abridged Financial Statements
1. General Information
Fearless Projects Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13254976 . The registered office is Units 1-2 Warrior Court, 9-11 Mumby Road, Gosport, Hampshire, PO12 1BS.
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
At the reporting date, the company’s statement of financial position shows net liabilities. This position arises due to loans provided by the directors to support the company’s operations. These loans are unsecured, interest-free, and are not expected to be recalled within 12 months of the approval date of these financial statements.
Accordingly, the directors consider it appropriate to prepare the financial statements on a going concern basis.
2.3. Turnover
Revenue comprises the fair value of the consideration received or receivable for the provision of passenger transport services, excluding value added tax and discounts. The company recognises revenue when the amount of revenue can be measured reliably, and it is probable that economic benefits will flow to the entity.
Passenger Transport Services
Revenue from the transport of passengers on the company’s 20-berth yacht is recognised when the service is provided, that is, when the voyage takes place. Where voyages span the year end, revenue is recognised on a proportionate basis, reflecting the extent of the service performed by the reporting date.
Where advance payments or deposits are received from customers for future voyages, such amounts are recognised as deferred income within creditors and are subsequently recognised as revenue when the voyage occurs.
If a voyage is cancelled by the customer, the treatment of any amounts retained is assessed based on the terms of the contract and whether a service has been performed or an obligation released. If the company is contractually entitled to retain part or all of a deposit due to customer cancellation and no refund is due, such amounts are recognised as revenue when the cancellation occurs and the company is released from its obligation to perform.
Page 3
Page 4
Fearless Projects Ltd
Notes to the Abridged Financial Statements (continued)
For The Year Ended 31 March 2026
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% reducing balance
Passenger Yacht | 25 years straight line

2.5. 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.
2.6. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3. Average Number of Employees
The average number of persons employed under contracts of service during the year was: NIL (2025: NIL)
- -
Page 4
Page 5
Fearless Projects Ltd
Notes to the Abridged Financial Statements (continued)
For The Year Ended 31 March 2026
4. Tangible Assets

| Total
--- | ---
| £
Cost
As at 1 April 2025 | 137,911
Additions | 38
As at 31 March 2026 | 137,949
Depreciation
As at 1 April 2025 | 2,442
Provided during the period | 6,233
As at 31 March 2026 | 8,675
Net Book Value
As at 31 March 2026 | 129,274
As at 1 April 2025 | 135,469

5. Share Capital

| 2026 |  | 2025
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
100 Ordinary A shares of £ 1.000 each | 100 |  | 100
100 Ordinary B shares of £ 1.000 each | 100 |  | 100
| 200 |  | 200

Page 5