Acorah Software Products - Accounts Production 19.2.450 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 04954087 Mr Hilmar Schulz Mr Andrew Bolton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04954087 2024-12-31 04954087 2025-12-31 04954087 2025-01-01 2025-12-31 04954087 frs-core:CurrentFinancialInstruments 2025-12-31 04954087 frs-core:ComputerEquipment 2025-12-31 04954087 frs-core:ComputerEquipment 2025-01-01 2025-12-31 04954087 frs-core:ComputerEquipment 2024-12-31 04954087 frs-core:FurnitureFittings 2025-12-31 04954087 frs-core:FurnitureFittings 2025-01-01 2025-12-31 04954087 frs-core:FurnitureFittings 2024-12-31 04954087 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-12-31 04954087 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-01-01 2025-12-31 04954087 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 04954087 frs-core:MotorVehicles 2025-12-31 04954087 frs-core:MotorVehicles 2025-01-01 2025-12-31 04954087 frs-core:MotorVehicles 2024-12-31 04954087 frs-core:PlantMachinery 2025-12-31 04954087 frs-core:PlantMachinery 2025-01-01 2025-12-31 04954087 frs-core:PlantMachinery 2024-12-31 04954087 frs-core:WithinOneYear 2025-12-31 04954087 frs-core:CapitalRedemptionReserve 2025-12-31 04954087 frs-core:ShareCapital 2025-12-31 04954087 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 04954087 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 04954087 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 04954087 frs-bus:SmallEntities 2025-01-01 2025-12-31 04954087 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 04954087 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 04954087 frs-bus:Director1 2025-01-01 2025-12-31 04954087 frs-bus:Director2 2025-01-01 2025-12-31 04954087 frs-countries:EnglandWales 2025-01-01 2025-12-31 04954087 2023-12-31 04954087 2024-12-31 04954087 2024-01-01 2024-12-31 04954087 frs-core:CurrentFinancialInstruments 2024-12-31 04954087 frs-core:BetweenOneFiveYears 2024-12-31 04954087 frs-core:WithinOneYear 2024-12-31 04954087 frs-core:CapitalRedemptionReserve 2024-12-31 04954087 frs-core:ShareCapital 2024-12-31 04954087 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 04954087
Right Connections (UK) Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04954087
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 22,700 23,382
22,700 23,382
CURRENT ASSETS
Stocks 5 866,308 935,882
Debtors 6 547,285 1,053,776
Cash at bank and in hand 1,207,499 1,192,497
2,621,092 3,182,155
Creditors: Amounts Falling Due Within One Year 7 (841,903 ) (151,131 )
NET CURRENT ASSETS (LIABILITIES) 1,779,189 3,031,024
TOTAL ASSETS LESS CURRENT LIABILITIES 1,801,889 3,054,406
PROVISIONS FOR LIABILITIES
Deferred Taxation - (1,832 )
NET ASSETS 1,801,889 3,052,574
CAPITAL AND RESERVES
Called up share capital 8 60 100
Capital redemption reserve 40 -
Profit and Loss Account 1,801,789 3,052,474
SHAREHOLDERS' FUNDS 1,801,889 3,052,574
Page 1
Page 2
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
Mr Andrew Bolton
Director
17 June 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Right Connections (UK) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04954087 . The registered office is Unit 503 Queensway Business Park, Queensway Hadley Park, Telford, Shropshire, TF1 7UL.
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 20% Reducing balance
Plant & Machinery 12.75% Reducing balance
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 20% Reducing balance
Computer Equipment 25% Reducing balance
2.4. 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.
2.5. 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.
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.
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: 10 (2024: 13)
10 13
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 January 2025 5,740 5,623 25,063 172,539
Additions - - - -
As at 31 December 2025 5,740 5,623 25,063 172,539
Depreciation
As at 1 January 2025 4,536 2,121 21,631 158,813
Provided during the period 241 447 858 2,745
As at 31 December 2025 4,777 2,568 22,489 161,558
Net Book Value
As at 31 December 2025 963 3,055 2,574 10,981
As at 1 January 2025 1,204 3,502 3,432 13,726
Page 4
Page 5
Computer Equipment Total
£ £
Cost
As at 1 January 2025 58,248 267,213
Additions 5,318 5,318
As at 31 December 2025 63,566 272,531
Depreciation
As at 1 January 2025 56,730 243,831
Provided during the period 1,709 6,000
As at 31 December 2025 58,439 249,831
Net Book Value
As at 31 December 2025 5,127 22,700
As at 1 January 2025 1,518 23,382
5. Stocks
2025 2024
£ £
Finished goods 866,308 935,882
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 100,547 93,258
Prepayments and accrued income 24,453 35,148
Other debtors 147,529 69,680
Corporation tax recoverable assets 274,664 12,233
Net wages 92 -
Directors' loan accounts - 843,457
547,285 1,053,776
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 226,188 72,491
Other taxes and social security 12,473 12,319
VAT 38,101 60,068
Other creditors 282,591 1,658
Accruals and deferred income 2,627 4,595
Directors' loan accounts 279,923 -
841,903 151,131
Page 5
Page 6
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 60 100
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 18,275 64,854
Later than one year and not later than five years - 18,275
18,275 83,129
10. Directors Advances, Credits and Guarantees
Included within Debtors is a loan to the directors of £Nil (2024: £843,457).
Dividends paid to directors in the year were £279,747 (2024: £Nil).
11. Financial commitments, guarantees and contingent liabilities
The company is bound by an arrangement with it's Landlord whereby all monies due or to become due by the company under the terms of a Rent Deposit Deed are secured by a continuing first fixed charge.
The director expects that the company will continue to meet its obligations under this arrangement.
Page 6