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Registered number: 05047694
Aria Estates Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 05047694
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,466 15,894
1,466 15,894
CURRENT ASSETS
Debtors 5 796,932 789,918
Cash at bank and in hand - 5,915
796,932 795,833
Creditors: Amounts Falling Due Within One Year 6 (316,165 ) (262,051 )
NET CURRENT ASSETS (LIABILITIES) 480,767 533,782
TOTAL ASSETS LESS CURRENT LIABILITIES 482,233 549,676
Creditors: Amounts Falling Due After More Than One Year 7 (110,000 ) (120,103 )
PROVISIONS FOR LIABILITIES
Deferred taxation and other provisions 9 (235,679 ) (233,420 )
NET ASSETS 136,554 196,153
CAPITAL AND RESERVES
Called up share capital 10 510 510
Profit and Loss Account 136,044 195,643
SHAREHOLDERS' FUNDS 136,554 196,153
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For the year ending 31 August 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.
The financial statements were approved by the board of directors on 27 August 2026 and were signed on its behalf by:
Mr S M Byrne
Director
27th August 2026
The notes on pages 3 to 7 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Aria Estates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05047694 . The registered office is Unit 6 Wheatley Business Centre Old London Road, Wheatley, Oxford, OX33 1XW.
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.
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:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
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.
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2.5. 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 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.
2.6. Pensions
The company operates a defined benefit scheme, for which the liability recorded in the balance sheet, under post employment benefits, is the present value of the defined obligation at year end date. The defined benefit obligation is calculated on an annual basis by independent actuaries.
Actuarial gains and losses are recognised in full in the period in which they occur and are shown in Other Comprehensive Income.
Current and past service costs, along with settlements or curtailments, are charged to the Income Statement. Interest on pension plan liabilities are recognised within finance expense.
2.7. Construction contracts
Revenue and costs on construction contracts are recognised in accordance with the stage of completion of the contract activity at the reporting date, when the outcome of the contract can be estimated reliably. This is determined using the percentage of completion method, based on the proportion of contract costs incurred to date relative to the estimated total contract costs.
Contract revenue includes the initial agreed amount, as well as variations in contract work, claims, and incentive payments to the extent that these can be measured reliably and it is probable they will be received.
When it is probable that total contract costs will exceed total contract revenue, the expected loss is recognised as an expense immediately.
...CONTINUED
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2.7. Construction contracts - continued
Where the outcome of a construction contract cannot be estimated reliably, revenue is recognised only to the extent of costs incurred that are expected to be recoverable. Costs are recognised as an expense in the period in which they are incurred.
Costs relating to future contract activity are excluded from the determination of stage of completion and are recognised as prepayments, inventories, or other assets, provided it is probable they will be recovered.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 September 2024 39,081
Disposals (29,082 )
As at 31 August 2025 9,999
Depreciation
As at 1 September 2024 23,187
Provided during the period 486
Disposals (15,140 )
As at 31 August 2025 8,533
Net Book Value
As at 31 August 2025 1,466
As at 1 September 2024 15,894
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 78,076 78,076
Amounts owed by participating interests 698,639 694,059
Other debtors 20,217 17,783
796,932 789,918
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6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 2,603 4,369
Trade creditors 1,938 19,878
Bank loans and overdrafts 7,505 10,000
Amounts owed to participating interests 12,128 5,239
Other creditors 273,105 193,670
Taxation and social security 18,886 28,895
316,165 262,051
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 2,603
Bank loans - 7,500
Other creditors 110,000 110,000
110,000 120,103
8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 2,603 4,369
Later than one year and not later than five years - 2,603
2,603 6,972
2,603 6,972
9. Deferred taxation and other provisions
The provision for deferred tax and other provisions is made up as follows:
2025 2024
£ £
Accelerated capital allowances 279 3,020
Post employment benefits 235,400 230,400
235,679 233,420
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10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 510 510
11. Contingent Liabilities
Aria Estates Limited have received a 'pooling' notice from HM Revenue & Customs (HMRC), in respect of a remuneration plan that was entered into in prior accounting periods. HMRC are disputing the tax treatment of amounts paid under the remuneration plan. On the basis of professional advice given to the company, the directors have been advised that the amounts are not due. It is unclear as to whether or not any tax will be due to HM Revenue & Customs once the dispute is resolved. Due to the uncertainty of the outcome, a provision for this amount has not been recognised in the accounts of Aria Estates Limited.
12. Related Party Transactions
Aria Estates Developments LimitedAt the year end, £12,128 (2024 - £5,239) was due to Aria Estates Developments Limited, an associated company owned by a former director and a serving director. No interest is payable on this amount and it is repayable on demand.

Aria Estates Developments Limited

At the year end, £12,128 (2024 - £5,239) was due to Aria Estates Developments Limited, an associated company owned by a former director and a serving director. No interest is payable on this amount and it is repayable on demand.

Sloping Acre Development Co LtdThe company has made a loan to Sloping Acre Development Co Ltd, a company in which a former director and a serving director have a participating interest. At the year end, £698,639 (2024 - £694,059) was due from Sloping Acre Development Co Ltd. No interest is payable on this amount and it is repayable on demand.

Sloping Acre Development Co Ltd

The company has made a loan to Sloping Acre Development Co Ltd, a company in which a former director and a serving director have a participating interest. At the year end, £698,639 (2024 - £694,059) was due from Sloping Acre Development Co Ltd. No interest is payable on this amount and it is repayable on demand.

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