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Registered number: 08715662
Maritime Applications Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08715662
2025 2024
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 5,024 25,053
Cash at bank and in hand 127 1,020
5,151 26,073
Creditors: Amounts Falling Due Within One Year 6 (13,107 ) (33,521 )
NET CURRENT ASSETS (LIABILITIES) (7,956 ) (7,448 )
TOTAL ASSETS LESS CURRENT LIABILITIES (7,956 ) (7,448 )
NET LIABILITIES (7,956 ) (7,448 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (7,957 ) (7,449 )
SHAREHOLDERS' FUNDS (7,956) (7,448)
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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 William Rochard-Pullen
Director
22/07/2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Maritime Applications Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08715662 . The registered office is The Old Barn, Off Wood Street, Swanley Village, Kent, BR8 7PA.
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. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
2.3. 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 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.
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: NIL (2024: NIL)
- -
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4. Intangible Assets
Development Costs
£
Cost
As at 1 November 2024 15,120
As at 31 October 2025 15,120
Amortisation
As at 1 November 2024 15,120
As at 31 October 2025 15,120
Net Book Value
As at 31 October 2025 -
As at 1 November 2024 -
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 20,000
VAT 24 53
Director's loan account 5,000 5,000
5,024 25,053
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 175 176
Amounts owed to related parties 12,932 33,345
13,107 33,521
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
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8. Related Party Transactions
Included in Other Debtors is an amount of £5,000 (2024 - £5,000) owed from the director, Mr W Rochard-Pulle. No repayment terms have been set and no interest is to be chared. 
Included in Other Creditors is an amount of £6,431.84 (2024 - £26,845.19) owed to Rocha Print Solutions Ltd, a company under the control of the director Mr W Rochard-Pullen. No repayment terms have been set and no interest is to be charged. 
Included in Other Creditors is an amount of £6,500 (2024 - £6,500) owed to Maritime Inflatable Solutions Ltd, a company under the control of the director Mr W Rochard-Pullen. No repayment terms have been set and no interest is to be charged. 
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