Acorah Software Products - Accounts Production 19.3.550 false true 31 August 2024 1 September 2023 false 1 September 2024 30 August 2025 30 August 2025 12116249 Mr J N Cawood Mr J Cawood Cawood House, Asquith Business Park, Gargrave, Skipton, North Yorkshire, BD23 3SE true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12116249 2024-08-31 12116249 2025-08-30 12116249 2024-09-01 2025-08-30 12116249 frs-core:CurrentFinancialInstruments 2025-08-30 12116249 frs-core:Non-currentFinancialInstruments 2025-08-30 12116249 frs-core:ShareCapital 2025-08-30 12116249 frs-core:RetainedEarningsAccumulatedLosses 2025-08-30 12116249 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-30 12116249 frs-bus:FilletedAccounts 2024-09-01 2025-08-30 12116249 frs-bus:SmallEntities 2024-09-01 2025-08-30 12116249 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-30 12116249 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-30 12116249 1 2024-09-01 2025-08-30 12116249 frs-bus:Director1 2024-09-01 2025-08-30 12116249 frs-bus:Director1 2024-08-31 12116249 frs-bus:Director1 2025-08-30 12116249 frs-countries:EnglandWales 2024-09-01 2025-08-30 12116249 2023-08-31 12116249 2024-08-31 12116249 2023-09-01 2024-08-31 12116249 frs-core:CurrentFinancialInstruments 2024-08-31 12116249 frs-core:Non-currentFinancialInstruments 2024-08-31 12116249 frs-core:ShareCapital 2024-08-31 12116249 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31
Registered number: 12116249
Reel To Reel International Limited
Unaudited Financial Statements
For The Year Ended 30 August 2025
Crag & Co
Chartered Accountants & Chartered Tax Advisers
First Floor, Embsay Mill
Embsay
Skipton
North Yorkshire
BD23 6QR
Reel To Reel International Limited
Contents
Contents

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

Page 1
Reel To Reel International Limited
Balance Sheet
As At 30 August 2025
Balance Sheet
Registered number: 12116249

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
CURRENT ASSETS
Stocks | 4 | 5,000 |  | - |
Debtors | 5 | 59,413 |  | 77,543 |
Cash at bank and in hand |  | 63,334 |  | 15,810 |
|  | 127,747 |  | 93,353 |
Creditors: Amounts Falling Due Within One Year | 6 | (86,487 ) |  | (42,888 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 41,260 |  | 50,465
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 41,260 |  | 50,465
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (5,950 ) |  | (22,574 )
NET ASSETS |  |  | 35,310 |  | 27,891
CAPITAL AND RESERVES
Called up share capital | 8 |  | 1,000 |  | 1,000
Profit and Loss Account |  |  | 34,310 |  | 26,891
SHAREHOLDERS' FUNDS |  |  | 35,310 |  | 27,891

Page 1
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Reel To Reel International Limited
Balance Sheet (continued)
As At 30 August 2025
For the year ending 30 August 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 J N Cawood Director
07/08/2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Reel To Reel International Limited
Notes to the Financial Statements
For The Year Ended 30 August 2025
Notes to the Financial Statements
1. General Information
Reel To Reel International Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12116249 . The registered office is Cawood House Asquith Business Park, Gargrave, Skipton, BD23 3SE.
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:
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. 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.
2.6. Financial Instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
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Reel To Reel International Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 August 2025
2.7. 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.
2.8. 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.
2.9. 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.
2.10. Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period is arises.
2.11. Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs.
The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 5)
5 5
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Reel To Reel International Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 August 2025
4. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 5,000 |  | -

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 20,638 |  | (12,829 )
Other debtors | 38,775 |  | 90,372
| 59,413 |  | 77,543

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 11,062 |  | 9,344
Bank loans and overdrafts | 9,233 |  | 6,705
Other creditors | 61,812 |  | 20,365
Taxation and social security | 4,380 |  | 6,474
| 86,487 |  | 42,888

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 5,950 |  | 22,574

8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1,000 |  | 1,000

9. Pension Commitments
The company operates a defined contributions pension scheme. The assets of the scheme are held seperately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £1,968 (2024 - nil)
Contributions totalling £nil were payable to the fund at the year end, and are included in creditors: amounts falling due within one year.
Page 5
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Reel To Reel International Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 August 2025
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 September 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 30 August 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Jonathan Cawood | 89,715 | 17,083 | (68,238 ) | - | 38,560

The above loan is interest free and repayable on demand.
11. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Asquith Holdings Limited . Asquith Holdings Limited was incorporated in England & Wales, Cawood House, Asquith Business Park, Gargrave, Skipton, North Yorkshire, BD23 3SE . The ultimate controlling party is Mr J Cawood who controls 100% of the shares of Reel To Reel International Limited .
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