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 11828506 A A Cheema L Kavtaradze S Solovev iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11828506 2024-12-31 11828506 2025-12-31 11828506 2025-01-01 2025-12-31 11828506 frs-core:CurrentFinancialInstruments 2025-12-31 11828506 frs-core:SharePremium 2025-12-31 11828506 frs-core:ShareCapital 2025-12-31 11828506 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 11828506 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 11828506 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 11828506 frs-bus:SmallEntities 2025-01-01 2025-12-31 11828506 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 11828506 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 11828506 frs-core:CostValuation 2024-12-31 11828506 frs-core:CostValuation 2025-12-31 11828506 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 11828506 frs-core:ProvisionsForImpairmentInvestments 2025-12-31 11828506 frs-bus:Director1 2025-01-01 2025-12-31 11828506 frs-bus:Director2 2025-01-01 2025-12-31 11828506 frs-bus:Director3 2025-01-01 2025-12-31 11828506 frs-countries:EnglandWales 2025-01-01 2025-12-31 11828506 2023-12-31 11828506 2024-12-31 11828506 2024-01-01 2024-12-31 11828506 frs-core:CurrentFinancialInstruments 2024-12-31 11828506 frs-core:SharePremium 2024-12-31 11828506 frs-core:ShareCapital 2024-12-31 11828506 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 11828506
Soax Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
DNS Accountants Ltd
Dns House, 382 Kenton Road
Harrow
Middlesex
HA3 8DP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11828506
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investments 5 3,975,731 3,975,731
3,975,731 3,975,731
CURRENT ASSETS
Debtors 6 1,384,556 858,423
Cash at bank and in hand 1,742,272 702,723
3,126,828 1,561,146
Creditors: Amounts Falling Due Within One Year 7 (508,455 ) (512,951 )
NET CURRENT ASSETS (LIABILITIES) 2,618,373 1,048,195
TOTAL ASSETS LESS CURRENT LIABILITIES 6,594,104 5,023,926
NET ASSETS 6,594,104 5,023,926
CAPITAL AND RESERVES
Called up share capital 8 647 642
Share premium account 7,257,692 7,257,694
Profit and Loss Account (664,235 ) (2,234,410 )
SHAREHOLDERS' FUNDS 6,594,104 5,023,926
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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
A A Cheema
Director
14/08/2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Soax Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11828506 . The registered office is Soax Ltd, The Charter Building, Uxbridge, England, UB8 1JG.
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. 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.
2.4. 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: 5 (2024: 5)
5 5
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4. Prior Period Adjustment
The following balances have been restated in the prior period:
a) Intercompany balance for yearend 31st Dec 2024 of the amounts of £587,608 was erroneously stated under Investments which is now restated under the correct heading of "Other debtors". This has resulted in a reduction in Investment balance for £587,608 with an equivalent increase to other debtors. There is no impact of this restatement on the Company's net assets or the profit for the year ended 31st Dec'24.
5. Investments
Other
£
Cost or Valuation
As at 1 January 2025 3,975,731
As at 31 December 2025 3,975,731
Provision
As at 1 January 2025 -
As at 31 December 2025 -
Net Book Value
As at 31 December 2025 3,975,731
As at 1 January 2025 3,975,731
Above investments includes:
  • Other investments includes investments other than loans which are initiallly recorded at cost.
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 623,990 166,176
Other debtors 760,566 692,247
1,384,556 858,423
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 258,728 233,097
Other creditors 230,827 279,854
Taxation and social security 18,900 -
508,455 512,951
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8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 647 642
Above share capital includes Ordinary share capital of £546.83 which comprises of 546,829 Ordinary shares @0.001 each and Preference share capital of £99.69 which comprises of 99,694 Preference shares @0.001 each.
9. Related Party Transactions
Soax Ltd has provided a loan to Stefans Keiss of £59,336 during the year which is repaid after YE within 9 months. 
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