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Registered number: 14719399
Arvo.Tax Limited
Unaudited Financial Statements
For The Year Ended 30 September 2025
Arvo.Tax Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14719399
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 689,190 689,190
Tangible Assets 5 94,907 12,702
784,097 701,892
CURRENT ASSETS
Debtors 6 51,686 37,648
Cash at bank and in hand 74,580 88,378
126,266 126,026
Creditors: Amounts Falling Due Within One Year 7 (402,468 ) (174,447 )
NET CURRENT ASSETS (LIABILITIES) (276,202 ) (48,421 )
TOTAL ASSETS LESS CURRENT LIABILITIES 507,895 653,471
Creditors: Amounts Falling Due After More Than One Year 8 (462,454 ) (597,315 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (13,098 ) -
NET ASSETS 32,343 56,156
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 32,243 56,056
SHAREHOLDERS' FUNDS 32,343 56,156
Page 1
Page 2
For the year ending 30 September 2025 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 Gavin Ng
Director
Mr Kevin Dent
Director
05/12/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Arvo.Tax Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14719399 . The registered office is Office G29, Amber Court, William Armstrong Drive, Newcastle upon Tyne, NE4 7YA.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... 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:
Plant & Machinery 20% Reducing Balance
Motor Vehicles 20% Reducing Balance
Fixtures & Fittings 20% Reducing Balance
Computer Equipment 20% Reducing Balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
Page 3
Page 4
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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 13 (2024: 9)
13 9
4. Intangible Assets
Goodwill
£
Cost
As at 1 October 2024 689,190
As at 30 September 2025 689,190
Net Book Value
As at 30 September 2025 689,190
As at 1 October 2024 689,190
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 October 2024 7,799 - 865 6,517 15,181
Additions 2,853 86,920 3,517 5,317 98,607
As at 30 September 2025 10,652 86,920 4,382 11,834 113,788
Depreciation
As at 1 October 2024 1,552 - - 927 2,479
Provided during the period 1,624 12,352 723 1,703 16,402
As at 30 September 2025 3,176 12,352 723 2,630 18,881
...CONTINUED
Page 4
Page 5
Net Book Value
As at 30 September 2025 7,476 74,568 3,659 9,204 94,907
As at 1 October 2024 6,247 - 865 5,590 12,702
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 46,632 36,400
Other debtors 5,054 1,248
51,686 37,648
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 15,684 -
Trade creditors 10,445 -
Bank loans and overdrafts 9,057 10,264
Other creditors 180,846 -
Taxation and social security 186,436 164,183
402,468 174,447
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 54,016 -
Bank loans 157,859 -
Other creditors 250,579 597,315
462,454 597,315
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 15,684 -
Later than one year and not later than five years 54,016 -
69,700 -
69,700 -
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5