Acorah Software Products - Accounts Production 19.3.550 false true 31 December 2024 1 January 2024 false 1 January 2025 31 March 2026 31 March 2026 08804739 Mr James Edmondson Mr Dominic Latham iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08804739 2024-12-31 08804739 2026-03-31 08804739 2025-01-01 2026-03-31 08804739 frs-core:CurrentFinancialInstruments 2026-03-31 08804739 frs-core:ComputerEquipment 2026-03-31 08804739 frs-core:ComputerEquipment 2025-01-01 2026-03-31 08804739 frs-core:ComputerEquipment 2024-12-31 08804739 frs-core:FurnitureFittings 2026-03-31 08804739 frs-core:FurnitureFittings 2025-01-01 2026-03-31 08804739 frs-core:FurnitureFittings 2024-12-31 08804739 frs-core:ShareCapital 2026-03-31 08804739 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 08804739 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2026-03-31 08804739 frs-bus:FilletedAccounts 2025-01-01 2026-03-31 08804739 frs-bus:SmallEntities 2025-01-01 2026-03-31 08804739 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2026-03-31 08804739 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2026-03-31 08804739 frs-bus:Director1 2025-01-01 2026-03-31 08804739 frs-bus:Director2 2025-01-01 2026-03-31 08804739 frs-bus:Director2 2024-12-31 08804739 frs-bus:Director2 2026-03-31 08804739 frs-countries:EnglandWales 2025-01-01 2026-03-31 08804739 2023-12-31 08804739 2024-12-31 08804739 2024-01-01 2024-12-31 08804739 frs-core:CurrentFinancialInstruments 2024-12-31 08804739 frs-core:ShareCapital 2024-12-31 08804739 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 08804739
Open and Honest Limited
Unaudited Financial Statements
For the Period 1 January 2025 to 31 March 2026
MAP ACCOUNTANTS LTD
16 Blackfriars Street
Manchester
M3 5BQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08804739
31 March 2026 31 December 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 353 1,189
353 1,189
CURRENT ASSETS
Debtors 5 3,662 13,075
Cash at bank and in hand 22,586 922
26,248 13,997
Creditors: Amounts Falling Due Within One Year 6 (26,082 ) (10,341 )
NET CURRENT ASSETS (LIABILITIES) 166 3,656
TOTAL ASSETS LESS CURRENT LIABILITIES 519 4,845
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 (67 ) (226 )
NET ASSETS 452 4,619
CAPITAL AND RESERVES
Called up share capital 8 410 410
Profit and Loss Account 42 4,209
SHAREHOLDERS' FUNDS 452 4,619
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For the period 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
Mr Dominic Latham
Director
30th July 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
Open and Honest Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08804739 . The registered office is 16 Blackfriars Street, Manchester, M3 5BQ.
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.
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:
Fixtures & Fittings 5 Year Straight Line
Computer Equipment 5 Year Straight Line
2.4. 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.
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3. Average Number of Employees
Average number of employees, including directors, during the period was: 2 (2024: 2)
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2025 3,408 2,966 6,374
As at 31 March 2026 3,408 2,966 6,374
Depreciation
As at 1 January 2025 2,241 2,944 5,185
Provided during the period 814 22 836
As at 31 March 2026 3,055 2,966 6,021
Net Book Value
As at 31 March 2026 353 - 353
As at 1 January 2025 1,167 22 1,189
5. Debtors
31 March 2026 31 December 2024
£ £
Due within one year
Trade debtors 1,828 12,285
Prepayments and accrued income 962 790
Directors' loan accounts 872 -
3,662 13,075
6. Creditors: Amounts Falling Due Within One Year
31 March 2026 31 December 2024
£ £
Trade creditors - 16
Corporation tax 5,588 9,463
Accruals and deferred income 16,321 844
Directors' loan accounts 4,173 18
26,082 10,341
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7. Deferred Taxation
The provision for deferred tax is made up as follows:
31 March 2026 31 December 2024
£ £
Other timing differences 67 226
8. Share Capital
31 March 2026 31 December 2024
£ £
Allotted, Called up and fully paid 410 410
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2025 Amounts advanced Amounts repaid Amounts written off As at 31 March 2026
£ £ £ £ £
Mr James Edmondson - 1,892 1,020 - 872
The above loan is unsecured, interest free and repayable on demand.
10. Related Party Transactions
Dominic LathamShareholder and a Director of Open and Honest Limited.As at the Year End March 2026, Open and Honest Limited owes an amount of £4,173 to Dominic Latham

Dominic Latham

Shareholder and a Director of Open and Honest Limited.

As at the Year End March 2026, Open and Honest Limited owes an amount of £4,173 to Dominic Latham

11. Prior Period Comparatives
The current financial statements are prepared for the 15-month period from January 2025 to March 2026 following a change in the company's financial year end date. As a result, the comparative figures which cover the 12-month period ended 2024 and related notes are not entirely comparable.
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