Acorah Software Products - Accounts Production 19.3.550 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 12769551 Mr Andrew Vince iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12769551 2024-07-31 12769551 2025-07-31 12769551 2024-08-01 2025-07-31 12769551 frs-core:CurrentFinancialInstruments 2025-07-31 12769551 frs-core:MotorVehicles 2025-07-31 12769551 frs-core:MotorVehicles 2024-08-01 2025-07-31 12769551 frs-core:MotorVehicles 2024-07-31 12769551 frs-core:PlantMachinery 2025-07-31 12769551 frs-core:PlantMachinery 2024-08-01 2025-07-31 12769551 frs-core:PlantMachinery 2024-07-31 12769551 frs-core:ShareCapital 2025-07-31 12769551 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 12769551 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 12769551 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 12769551 frs-bus:SmallEntities 2024-08-01 2025-07-31 12769551 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 12769551 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 12769551 frs-bus:Director1 2024-08-01 2025-07-31 12769551 frs-countries:EnglandWales 2024-08-01 2025-07-31 12769551 2023-07-31 12769551 2024-07-31 12769551 2023-08-01 2024-07-31 12769551 frs-core:CurrentFinancialInstruments 2024-07-31 12769551 frs-core:ShareCapital 2024-07-31 12769551 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 12769551
GLASSPACE GROUP LTD
Unaudited Financial Statements
For The Year Ended 31 July 2025
Watchman Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12769551
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 14,000
- 14,000
CURRENT ASSETS
Stocks 5 20,000 20,000
Debtors 6 344,578 35,602
Cash at bank and in hand 4,560 11,283
369,138 66,885
Creditors: Amounts Falling Due Within One Year 7 (431,299 ) (340,902 )
NET CURRENT ASSETS (LIABILITIES) (62,161 ) (274,017 )
TOTAL ASSETS LESS CURRENT LIABILITIES (62,161 ) (260,017 )
NET LIABILITIES (62,161 ) (260,017 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (62,261 ) (260,117 )
SHAREHOLDERS' FUNDS (62,161) (260,017)
Page 1
Page 2
For the year ending 31 July 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 Andrew Vince
Director
24/07/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
GLASSPACE GROUP LTD is a private company, limited by shares, incorporated in England & Wales, registered number 12769551 . The registered office is 48 The Causeway, Chippenham, Wiltshire, SN15 3DD.
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. 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.
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 25% S.L.
Motor Vehicles 25% S.L.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 2)
1 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 August 2024 44,000 12,000 56,000
As at 31 July 2025 44,000 12,000 56,000
Depreciation
As at 1 August 2024 33,000 9,000 42,000
Provided during the period 11,000 3,000 14,000
As at 31 July 2025 44,000 12,000 56,000
Net Book Value
As at 31 July 2025 - - -
As at 1 August 2024 11,000 3,000 14,000
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5. Stocks
2025 2024
£ £
Work in progress 20,000 20,000
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 344,578 35,602
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 226,655 229,442
Other creditors 171,258 88,823
Taxation and social security 33,386 22,637
431,299 340,902
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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