Acorah Software Products - Accounts Production 19.3.600 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 10389504 Ms Ingeborg Moore Mr Nathan Hutchins iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10389504 2024-12-31 10389504 2025-12-31 10389504 2025-01-01 2025-12-31 10389504 frs-core:CurrentFinancialInstruments 2025-12-31 10389504 frs-core:Non-currentFinancialInstruments 2025-12-31 10389504 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-12-31 10389504 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-01-01 2025-12-31 10389504 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 10389504 frs-core:MotorVehicles 2025-12-31 10389504 frs-core:MotorVehicles 2025-01-01 2025-12-31 10389504 frs-core:MotorVehicles 2024-12-31 10389504 frs-core:PlantMachinery 2025-12-31 10389504 frs-core:PlantMachinery 2025-01-01 2025-12-31 10389504 frs-core:PlantMachinery 2024-12-31 10389504 frs-core:WithinOneYear 2025-12-31 10389504 frs-core:CapitalRedemptionReserve 2025-12-31 10389504 frs-core:ShareCapital 2025-12-31 10389504 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 10389504 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 10389504 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 10389504 frs-bus:SmallEntities 2025-01-01 2025-12-31 10389504 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 10389504 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 10389504 frs-bus:Director1 2025-01-01 2025-12-31 10389504 frs-bus:Director2 2025-01-01 2025-12-31 10389504 frs-bus:Director2 2024-12-31 10389504 frs-bus:Director2 2025-12-31 10389504 frs-countries:EnglandWales 2025-01-01 2025-12-31 10389504 2023-12-31 10389504 2024-12-31 10389504 2024-01-01 2024-12-31 10389504 frs-core:CurrentFinancialInstruments 2024-12-31 10389504 frs-core:Non-currentFinancialInstruments 2024-12-31 10389504 frs-core:BetweenOneFiveYears 2024-12-31 10389504 frs-core:MotorVehicles 2024-01-01 2024-12-31 10389504 frs-core:WithinOneYear 2024-12-31 10389504 frs-core:CapitalRedemptionReserve 2024-12-31 10389504 frs-core:ShareCapital 2024-12-31 10389504 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 10389504
Muza Lab Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
EOACC Ltd
5 Approach Road
Raynes Park
London
SW20 8BA
Muza Lab Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Muza Lab Ltd
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 10389504

| 2025 | 2024 as restated
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 809,020 |  | 904,508
|  |  | 809,020 |  | 904,508
CURRENT ASSETS
Debtors | 5 | 4,676,435 |  | 3,414,154 |
Cash at bank and in hand |  | 1,034,458 |  | 1,815,113 |
|  | 5,710,893 |  | 5,229,267 |
Creditors: Amounts Falling Due Within One Year | 6 | (241,383 ) |  | (437,076 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 5,469,510 |  | 4,792,191
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 6,278,530 |  | 5,696,699
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (13,080 ) |  | (17,645 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (75,449 ) |  | (99,650 )
NET ASSETS |  |  | 6,190,001 |  | 5,579,404
CAPITAL AND RESERVES
Called up share capital | 8 |  | 30 |  | 30
Capital redemption reserve |  |  | 70 |  | 70
Profit and Loss Account |  |  | 6,189,901 |  | 5,579,304
SHAREHOLDERS' FUNDS |  |  | 6,190,001 |  | 5,579,404

Page 1
Page 2
Muza Lab Ltd
Balance Sheet (continued)
As At 31 December 2025
For the year ending 31 December 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

Ms Ingeborg Moore Director
07/07/2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Muza Lab Ltd
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
Muza Lab Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10389504 . The registered office is 9 Ledbury Mews North, London, W11 2AF.
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:

Leasehold | Over the period of the lease
Plant & Machinery | 15 - 33% straight line
Motor Vehicles | 20% straight line

2.4. 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.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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Muza Lab Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
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 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.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 23 (2024: 19)
23 19
4. Tangible Assets

| Land & Property
--- | ---
| Leasehold | Plant & Machinery | Motor Vehicles | Total
| £ | £ | £ | £
Cost
As at 1 January 2025 | 852,503 | 198,296 | 35,488 | 1,086,287
Additions | 34,692 | 44,512 | - | 79,204
As at 31 December 2025 | 887,195 | 242,808 | 35,488 | 1,165,491
Depreciation
As at 1 January 2025 | 15,000 | 150,717 | 16,062 | 181,779
Provided during the period | 146,673 | 20,920 | 7,099 | 174,692
As at 31 December 2025 | 161,673 | 171,637 | 23,161 | 356,471
Net Book Value
As at 31 December 2025 | 725,522 | 71,171 | 12,327 | 809,020
As at 1 January 2025 | 837,503 | 47,579 | 19,426 | 904,508

Page 4
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Muza Lab Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

| 2025 |  | 2024 as restated
--- | --- | --- | ---
| £ |  | £
Motor Vehicles | 12,328 |  | 19,426

5. Debtors

| 2025 |  | 2024 as restated
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 1,253,368 |  | 1,449,559
Prepayments and accrued income | 717,160 |  | 39,011
Other debtors | - |  | 175,340
Corporation tax recoverable assets | 304,586 |  | 45,122
VAT | 20,821 |  | 159,417
Directors' loan accounts | 241,979 |  | 138,615
| 2,537,914 |  | 2,007,064
Due after more than one year
Other debtors | 2,138,521 |  | 1,407,090
| 4,676,435 |  | 3,414,154

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024 as restated
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 4,565 |  | 4,262
Trade creditors | 120,470 |  | 26,904
Bank loans and overdrafts | 41,372 |  | -
Corporation tax | - |  | 345,394
Other taxes and social security | 43,269 |  | 27,053
Other creditors | 13,397 |  | 21,491
Accruals and deferred income | 10,454 |  | 4,116
Directors' loan accounts | 7,856 |  | 7,856
| 241,383 |  | 437,076

7. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024 as restated
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 13,080 |  | 17,645

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Muza Lab Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
8. Share Capital

| 2025 |  | 2024 as restated
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 30 |  | 30

9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 2025 |  | 2024 as restated
--- | --- | --- | ---
| £ |  | £
Not later than one year | 8,441 |  | 134,209
Later than one year and not later than five years | - |  | 117,346
| 8,441 |  | 251,555

10. 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 December 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Nathan Hutchins | 138,615 | 133,364 | 30,000 | - | 241,979

Loans to directors are repayable on demand, and subject to interest at the prescribed HMRC beneficial loan interest rates.
Dividends paid to directors

| 2025 | 2024
--- | --- | ---
| £ | £
Ms Ingeborg Moore | 464,000 | 272,000
Mr Nathan Hutchins | 360,000 | 582,000

11. Related Party Transactions
At year end the company owed £7,856 (2024: £7,856) to Ingeborg Moore.
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