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 08335666 H W Cheang D W Lillis D W Lillis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08335666 2024-12-31 08335666 2025-12-31 08335666 2025-01-01 2025-12-31 08335666 frs-core:CurrentFinancialInstruments 2025-12-31 08335666 frs-core:Non-currentFinancialInstruments 2025-12-31 08335666 frs-core:PlantMachinery 2025-12-31 08335666 frs-core:PlantMachinery 2025-01-01 2025-12-31 08335666 frs-core:PlantMachinery 2024-12-31 08335666 frs-core:SharePremium 2025-12-31 08335666 frs-core:ShareCapital 2025-12-31 08335666 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 08335666 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 08335666 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 08335666 frs-bus:SmallEntities 2025-01-01 2025-12-31 08335666 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 08335666 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 08335666 frs-bus:OrdinaryShareClass2 2025-01-01 2025-12-31 08335666 frs-bus:OrdinaryShareClass2 2025-12-31 08335666 frs-bus:OrdinaryShareClass3 2025-01-01 2025-12-31 08335666 frs-bus:OrdinaryShareClass3 2025-12-31 08335666 frs-bus:OrdinaryShareClass4 2025-01-01 2025-12-31 08335666 frs-bus:OrdinaryShareClass4 2025-12-31 08335666 frs-bus:OrdinaryShareClass5 2025-01-01 2025-12-31 08335666 frs-bus:OrdinaryShareClass5 2025-12-31 08335666 frs-core:UnlistedNon-exchangeTraded 2025-12-31 08335666 frs-core:UnlistedNon-exchangeTraded 2024-12-31 08335666 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 08335666 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-12-31 08335666 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 08335666 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-12-31 08335666 frs-bus:Director1 2025-01-01 2025-12-31 08335666 frs-bus:Director2 2025-01-01 2025-12-31 08335666 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 08335666 frs-countries:EnglandWales 2025-01-01 2025-12-31 08335666 2023-12-31 08335666 2024-12-31 08335666 2024-01-01 2024-12-31 08335666 frs-core:CurrentFinancialInstruments 2024-12-31 08335666 frs-core:Non-currentFinancialInstruments 2024-12-31 08335666 frs-core:SharePremium 2024-12-31 08335666 frs-core:ShareCapital 2024-12-31 08335666 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 08335666 frs-bus:OrdinaryShareClass2 2024-01-01 2024-12-31 08335666 frs-bus:OrdinaryShareClass3 2024-01-01 2024-12-31 08335666 frs-bus:OrdinaryShareClass4 2024-01-01 2024-12-31 08335666 frs-bus:OrdinaryShareClass5 2024-01-01 2024-12-31
Registered number: 08335666
Platform 1 Software Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Platform 1 Software Limited
Contents
Contents

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

Page 1
Platform 1 Software Limited
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 08335666

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 3 |  | - |  | 1,651
|  |  | - |  | 1,651
CURRENT ASSETS
Debtors | 5 | 815,990 |  | 553,781 |
Cash at bank and in hand |  | 22,362 |  | 12,496 |
|  | 838,352 |  | 566,277 |
Creditors: Amounts Falling Due Within One Year | 6 | (701,779 ) |  | (476,668 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 136,573 |  | 89,609
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 136,573 |  | 91,260
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (646,734 ) |  | (682,746 )
NET LIABILITIES |  |  | (510,161 ) |  | (591,486 )
CAPITAL AND RESERVES
Called up share capital | 8 |  | 136,788 |  | 136,788
Share premium account |  |  | 675,102 |  | 675,102
Profit and Loss Account |  |  | (1,322,051 ) |  | (1,403,376 )
SHAREHOLDERS' FUNDS |  |  | (510,161) |  | (591,486)

Page 1
Page 2
Platform 1 Software Limited
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

D W Lillis Director
21/07/2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Platform 1 Software Limited
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Platform 1 Software Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08335666 . The registered office is Unit 2 Green Farm Business Park, Folly Road, Latteridge, Bristol, BS37 9TZ.
The company has taken advantage of the exemption from preparing consolidated financial statements contained in section 398 of the Companies Act 2006 on the basis that the company and its subsidary undertaking constitute a small group.
1.2. 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.
1.3. 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:

Plant & Machinery | 33% straight line

1.4. 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.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
Page 3
Page 4
Platform 1 Software Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
1.5. 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. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 3)
1 3
3. Tangible Assets

| Plant & Machinery
--- | ---
| £
Cost
As at 1 January 2025 | 10,182
Disposals | (10,182 )
As at 31 December 2025 | -
Depreciation
As at 1 January 2025 | 8,531
Provided during the period | 616
Disposals | (9,147 )
As at 31 December 2025 | -
Net Book Value
As at 31 December 2025 | -
As at 1 January 2025 | 1,651

Page 4
Page 5
Platform 1 Software Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
4. Investments

| Unlisted
--- | ---
| £
Cost or Valuation
As at 1 January 2025 | 27,601
As at 31 December 2025 | 27,601
Provision
As at 1 January 2025 | 27,601
As at 31 December 2025 | 27,601
Net Book Value
As at 31 December 2025 | -
As at 1 January 2025 | -

The investment relates to Platform 1 Software Limited's 100% share ownership of Platform One (pvt) Ltd, a company registered and based in Sri Lanka of Level 5, Tisara Plaza, 135, Dutugemunu st. Kohuwala, B84, Colombo, Sri Lanka.
5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 30,541 |  | 68,450
Other debtors | 30,206 |  | 26,101
Amounts owed by group undertakings | 755,243 |  | 459,230
| 815,990 |  | 553,781

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 40,322 |  | 39,570
Bank loans and overdrafts | - |  | 12,601
Other taxes and social security | - |  | 1,245
Other creditors | - |  | 17
Accruals and deferred income | 29,439 |  | 57,238
Amounts owed to group undertakings | 632,018 |  | 365,997
| 701,779 |  | 476,668

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Amounts owed to group undertakings | 646,734 |  | 682,746

Page 5
Page 6
Platform 1 Software Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
10,893 Ordinary A shares of £ 1.000 each | 10,893 |  | 10,893
3,760 Ordinary B shares of £ 15.000 each | 56,400 |  | 56,400
4,366 Ordinary C shares of £ 15.000 each | 65,490 |  | 65,490
267 Ordinary D shares of £ 15.000 each | 4,005 |  | 4,005
| 136,788 |  | 136,788

Page 6