Acorah Software Products - Accounts Production 19.3.550 false true true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 13240229 Mr Jayesh Pandya iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13240229 2024-07-31 13240229 2025-07-31 13240229 2024-08-01 2025-07-31 13240229 frs-core:Non-currentFinancialInstruments 2025-07-31 13240229 frs-core:ComputerEquipment 2024-08-01 2025-07-31 13240229 frs-core:ShareCapital 2025-07-31 13240229 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 13240229 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 13240229 frs-bus:AbridgedAccounts 2024-08-01 2025-07-31 13240229 frs-bus:SmallEntities 2024-08-01 2025-07-31 13240229 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 13240229 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 13240229 frs-bus:OrdinaryShareClass1 2024-08-01 2025-07-31 13240229 frs-bus:OrdinaryShareClass1 2025-07-31 13240229 frs-bus:Director1 2024-08-01 2025-07-31 13240229 frs-countries:EnglandWales 2024-08-01 2025-07-31 13240229 2023-07-31 13240229 2024-07-31 13240229 2023-08-01 2024-07-31 13240229 frs-core:Non-currentFinancialInstruments 2024-07-31 13240229 frs-core:ShareCapital 2024-07-31 13240229 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 13240229 frs-bus:OrdinaryShareClass1 2023-08-01 2024-07-31
Registered number: 13240229
Affinity Group Financial Services Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 July 2025
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 13240229
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,567 1,474
3,567 1,474
CURRENT ASSETS
Debtors 152,625 1,625
Cash at bank and in hand 4,710 31,111
157,335 32,736
Creditors: Amounts Falling Due Within One Year (8,996 ) (4,653 )
NET CURRENT ASSETS (LIABILITIES) 148,339 28,083
TOTAL ASSETS LESS CURRENT LIABILITIES 151,906 29,557
Creditors: Amounts Falling Due After More Than One Year (88,048 ) (37,048 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (678 ) (280 )
NET ASSETS/(LIABILITIES) 63,180 (7,771 )
CAPITAL AND RESERVES
Called up share capital 5 25,000 14,000
Profit and Loss Account 38,180 (21,771 )
SHAREHOLDERS' FUNDS 63,180 (7,771)
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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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 July 2025 in accordance with section 444(2A) of the Companies Act 2006.
The financial statements were approved by the board of directors on 31 July 2026 and were signed on its behalf by:
Mr Jayesh Pandya
Director
31 July 2026
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
Affinity Group Financial Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13240229 . The registered office is 11/12 Hallmark Trading Centre Fourth Way, Wembley, Middlesex, HA9 0LB.
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
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Significant judgements and estimations
In the application of the company’s accounting policies, the director is required to make judgements, estimates and
assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The
estimates and associated assumptions are based on historical experience and other factors that are considered to be
relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are
recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of
the revision and future periods where the revision affects both current and future periods.
2.4. 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.
2.5. 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:
Computer Equipment 33.33% on cost
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2.6. 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 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 assets reflect 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: 3 (2024: 3)
3 3
4. Tangible Assets
Total
£
Cost
As at 1 August 2024 4,674
Additions 3,532
As at 31 July 2025 8,206
Depreciation
As at 1 August 2024 3,200
Provided during the period 1,439
As at 31 July 2025 4,639
Net Book Value
As at 31 July 2025 3,567
As at 1 August 2024 1,474
5. Share Capital
2025 2024
Allotted, called up and fully paid £ £
25,000 Ordinary Shares of £ 1.00 each 25,000 14,000
Shares issued during the period: £
11,000 Ordinary Shares of £ 1.00 each 11,000
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