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 01952632 Mr L C Basil Dr L Llewellyn Professor M G Waters iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01952632 2025-03-31 01952632 2026-03-31 01952632 2025-04-01 2026-03-31 01952632 frs-core:CurrentFinancialInstruments 2026-03-31 01952632 frs-core:ComputerEquipment 2026-03-31 01952632 frs-core:ComputerEquipment 2025-04-01 2026-03-31 01952632 frs-core:ComputerEquipment 2025-03-31 01952632 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-04-01 2026-03-31 01952632 frs-core:FurnitureFittings 2026-03-31 01952632 frs-core:FurnitureFittings 2025-04-01 2026-03-31 01952632 frs-core:FurnitureFittings 2025-03-31 01952632 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2026-03-31 01952632 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-04-01 2026-03-31 01952632 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 01952632 frs-core:OtherResidualIntangibleAssets 2026-03-31 01952632 frs-core:OtherResidualIntangibleAssets 2025-03-31 01952632 frs-core:PlantMachinery 2026-03-31 01952632 frs-core:PlantMachinery 2025-04-01 2026-03-31 01952632 frs-core:PlantMachinery 2025-03-31 01952632 frs-core:ShareCapital 2026-03-31 01952632 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 01952632 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 01952632 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 01952632 frs-bus:SmallEntities 2025-04-01 2026-03-31 01952632 frs-bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 01952632 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 01952632 frs-core:ListedExchangeTraded 2026-03-31 01952632 frs-core:ListedExchangeTraded 2025-03-31 01952632 frs-core:CostValuation frs-core:ListedExchangeTraded 2025-03-31 01952632 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2026-03-31 01952632 frs-core:CostValuation frs-core:ListedExchangeTraded 2026-03-31 01952632 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2025-03-31 01952632 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2026-03-31 01952632 frs-bus:Director1 2025-04-01 2026-03-31 01952632 frs-bus:Director2 2025-04-01 2026-03-31 01952632 frs-bus:Director3 2025-04-01 2026-03-31 01952632 frs-countries:EnglandWales 2025-04-01 2026-03-31 01952632 2024-03-31 01952632 2025-03-31 01952632 2024-04-01 2025-03-31 01952632 frs-core:CurrentFinancialInstruments 2025-03-31 01952632 frs-core:ShareCapital 2025-03-31 01952632 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 01952632
Technovent Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Technovent Limited
Contents
Contents

| Page
--- | ---
Accountant's Report | 1
Balance Sheet | 2—3
Notes to the Financial Statements | 4—7

Page 1
Technovent Limited
Accountant's Report
For The Year Ended 31 March 2026
Accountant's Report
Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of Technovent Limited For The Year Ended 31 March 2026
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Technovent Limited For The Year Ended 31 March 2026 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of Technovent Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Technovent Limited and state those matters that we have agreed to state to the directors of Technovent Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Technovent Limited and its directors, as a body, for our work or for this report.
It is your duty to ensure that Technovent Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Technovent Limited . You consider that Technovent Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Technovent Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

10/07/2026

Ellis Lloyd Jones LLP
Chartered Accountants
11 Park Square
Newport
NP20 4EL
Page 1
Page 2
Technovent Limited
Balance Sheet
As At 31 March 2026
Balance Sheet
Registered number: 01952632

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 5 |  | 45,932 |  | 51,770
Investments | 6 |  | 43,809 |  | 30,000
|  |  | 89,741 |  | 81,770
CURRENT ASSETS
Stocks | 7 | 148,100 |  | 122,000 |
Debtors | 8 | 296,932 |  | 279,410 |
Cash at bank and in hand |  | 363,304 |  | 460,896 |
|  | 808,336 |  | 862,306 |
Creditors: Amounts Falling Due Within One Year | 9 | (152,745 ) |  | (158,796 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 655,591 |  | 703,510
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 745,332 |  | 785,280
NET ASSETS |  |  | 745,332 |  | 785,280
CAPITAL AND RESERVES
Called up share capital | 10 |  | 1,000 |  | 1,000
Profit and Loss Account |  |  | 744,332 |  | 784,280
SHAREHOLDERS' FUNDS |  |  | 745,332 |  | 785,280

Page 2
Page 3
Technovent Limited
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

Dr L Llewellyn Director | Professor M G Waters Director
09/07/2026

The notes on pages 4 to 7 form part of these financial statements.
Page 3
Page 4
Technovent Limited
Notes to the Financial Statements
For The Year Ended 31 March 2026
Notes to the Financial Statements
1. General Information
Technovent Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01952632 . The registered office is Unit 5 York Park, Bridgend Industrial Estate, Bridgend, Mid Glamorgan, CF31 3TB.
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 presentational currency of the financial statements is pound sterling and the figures are rounded to the nearest pound.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are patents and licenses. This was amortised to profit and loss account over the estimated useful economic life of 17 years.
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:

Leasehold | 10% straight line
Plant & Machinery | 10% straight line
Fixtures & Fittings | 15% reducing balance
Computer Equipment | 15% reducing balance

2.5. 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.
2.6. 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.
Page 4
Page 5
Technovent Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
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 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.
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: 15 (2025: 15)
15 15
4. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 April 2025 | 10,697
As at 31 March 2026 | 10,697
Amortisation
As at 1 April 2025 | 10,697
As at 31 March 2026 | 10,697
Net Book Value
As at 31 March 2026 | -
As at 1 April 2025 | -

Page 5
Page 6
Technovent Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
5. Tangible Assets

| Land & Property
--- | ---
| Leasehold | Plant & Machinery | Fixtures & Fittings | Computer Equipment | Total
| £ | £ | £ | £ | £
Cost
As at 1 April 2025 | 2,985 | 95,798 | 34,981 | 17,074 | 150,838
Additions | - | - | 133 | - | 133
As at 31 March 2026 | 2,985 | 95,798 | 35,114 | 17,074 | 150,971
Depreciation
As at 1 April 2025 | 2,985 | 51,741 | 31,187 | 13,155 | 99,068
Provided during the period | - | 4,406 | 584 | 981 | 5,971
As at 31 March 2026 | 2,985 | 56,147 | 31,771 | 14,136 | 105,039
Net Book Value
As at 31 March 2026 | - | 39,651 | 3,343 | 2,938 | 45,932
As at 1 April 2025 | - | 44,057 | 3,794 | 3,919 | 51,770

6. Investments

| Listed
--- | ---
| £
Cost or Valuation
As at 1 April 2025 | 30,000
Revaluations | 13,809
As at 31 March 2026 | 43,809
Provision
As at 1 April 2025 | -
As at 31 March 2026 | -
Net Book Value
As at 31 March 2026 | 43,809
As at 1 April 2025 | 30,000

Investments are initially measured at fair value, which is normally the transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profits and loss.
7. Stocks

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Materials | 148,100 |  | 122,000

Page 6
Page 7
Technovent Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
8. Debtors

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 136,197 |  | 130,164
Prepayments and accrued income | 25,954 |  | 26,417
Other debtors | 8,066 |  | 6,905
VAT | 6,218 |  | -
Amounts owed by group undertakings | 120,497 |  | 115,924
| 296,932 |  | 279,410

9. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Trade creditors | 124,939 |  | 135,175
Corporation tax | (17,566 ) |  | (32,756 )
Other taxes and social security | 13,113 |  | 11,697
VAT | - |  | 10,095
Other creditors | 10,187 |  | 13,399
Accruals and deferred income | 18,225 |  | 17,339
Directors' loan accounts | 3,847 |  | 3,847
| 152,745 |  | 158,796

10. Share Capital

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1,000 |  | 1,000

Page 7