Acorah Software Products - Accounts Production 19.4.300 false true 31 January 2024 1 February 2023 No description of principal activity true 1 February 2024 31 January 2025 31 January 2025 13146090 Mr N C Cary Mr W Ghirardelli Mr J Higa Mr R Madhavan Mr M Tuzzolo 1195070 false true true true true false true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13146090 2024-01-31 13146090 2025-01-31 13146090 2024-02-01 2025-01-31 13146090 frs-char:CharitableCompanyLimitedByGuarantee 2024-02-01 2025-01-31 13146090 frs-bus:FullAccounts 2024-02-01 2025-01-31 13146090 frs-bus:MediumEntities 2024-02-01 2025-01-31 13146090 frs-bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 13146090 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 13146090 frs-bus:SmallCompaniesRegimeForDirectorsReport 2024-02-01 2025-01-31 13146090 frs-char:TotalUnrestrictedFunds 2024-01-31 13146090 frs-char:TotalUnrestrictedFunds 2025-01-31 13146090 frs-char:TotalUnrestrictedFunds 2024-02-01 2025-01-31 13146090 frs-char:UnrestrictedFundsGeneral 2024-01-31 13146090 frs-char:UnrestrictedFundsGeneral 2024-02-01 2025-01-31 13146090 frs-char:UnrestrictedFundsGeneral 2025-01-31 13146090 frs-countries:EnglandWales 2024-02-01 2025-01-31 13146090 frs-char:Trustee1 2024-02-01 2025-01-31 13146090 frs-char:Trustee2 2024-02-01 2025-01-31 13146090 frs-char:Trustee3 2024-02-01 2025-01-31 13146090 frs-char:Trustee4 2024-02-01 2025-01-31 13146090 frs-char:Trustee5 2024-02-01 2025-01-31 13146090 2023-01-31 13146090 2024-01-31 13146090 2023-02-01 2024-01-31 13146090 frs-char:TotalUnrestrictedFunds 2024-01-31 13146090 frs-char:TotalUnrestrictedFunds 2023-02-01 2024-01-31 13146090 frs-char:UnrestrictedFundsGeneral 2023-01-31 13146090 frs-char:UnrestrictedFundsGeneral 2023-02-01 2024-01-31 13146090 frs-char:UnrestrictedFundsGeneral 2024-01-31
Company registration number: 13146090
Charity registration number: 1195070
Skysthelimit.Org - UK
Trustees' Report and
Unaudited Financial Statements
For The Year Ended 31 January 2025
Pages Accountancy Solutions Limited
Skysthelimit.Org - UK
Contents
Contents
Page
Reference and Administrative Details 1
Trustees' Report 2
Accountant's Report 3
Statement of Financial Activities (including Income and Expenditure Account) 4
Statement of Financial Position 5
Notes to the Financial Statements 6—8
Page 1
Skysthelimit.Org - UK
Reference and Administrative Details
For The Year Ended 31 January 2025
Reference and Administrative Details
Trustees
Mr N C Cary
Mr W Ghirardelli
Mr J Higa
Mr R Madhavan
Mr M Tuzzolo
Charity Number 1195070
Company Number 13146090
Registered Office 3rd Floor, 86-90 Paul Street
London
EC2A 4NE
Accountants Pages Accountancy Solutions Limited
6 Bannister Green Villas
Felsted
Dunmow
Essex
CM6 3NN
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Skysthelimit.Org - UK
Company No. 13146090
Trustees' Report For The Year Ended 31 January 2025
Trustees' Report
The trustees present their report and the financial statements for the year ended 31 January 2025.
Objectives and Activities
Aims and Objectives
Skysthelimit.org - UK is dedicated to advancing economic inclusion, reducing unemployment, and relieving poverty through entrepreneurship. The charity’s primary objective is to build an inclusive onramp to business ownership by connecting under-resourced entrepreneurs—particularly women, young adults, and low-to-moderate-income individuals—with the tools, capital, and networks required to build viable, sustainable businesses.
To achieve these aims, the charity provides:
  • Mentorship & Social Capital: Facilitating 1-to-1 connections between founders and experienced corporate and industry volunteers for skills-based mentoring.
  • Digital Business Support: Delivering accessible, AI-assisted business planning, interactive learning modules, and step-by-step launch guidance.
  • Financial Support: Offering seed funding, micro-grants, and resources to help early-stage entrepreneurs bridge the startup capital gap.
  • Community Building: Fostering a global and local peer support network to increase confidence and business sustainability.
Public Benefit
Skysthelimit.org - UK provides platform support, educational programming, mentoring, and grant opportunities to beneficiaries. The public benefits derived from these activities include:
  • Economic Empowerment & Mobility: Empowering historically under-resourced founders to establish income-generating enterprises, build personal asset wealth, and achieve financial self-sufficiency.
  • Job Creation & Local Growth: Supporting small business development that drives employment creation, promotes localized economic resilience, and revitalizes communities across the UK and globally.
  • Skills & Workforce Development: Providing free digital training and practical business education to raise digital and commercial skills, alongside offering corporate volunteers high-impact skills-based civic engagement opportunities.
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The trustees' report was approved by the board of trustees and signed on its behalf by:
Mr N C Cary
Trustee
28/08/2026
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Skysthelimit.Org - UK
Accountant's Report
For The Year Ended 31 January 2025
Accountant's Report
Accountant's report to the board of trustees on the preparation of the unaudited statutory accounts of Skysthelimit.Org - UK for the year ended 31 January 2025.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Skysthelimit.Org - UK for the year ended 31 January 2025 which comprise the Statement of Financial Activities (including Income and Expenditure Account), Statement of Financial Position and the related notes from the charity’s accounting records and from information and explanations which you have given to us.
This report is made solely to the board of trustees of the charity, as a body, in accordance with our letter of engagement dated . Our work has been undertaken solely to prepare for your approval the financial statements of Skysthelimit.Org - UK , and state those matters that we have agreed to state to the board of trustees of the charity, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Skysthelimit.Org - UK and its board of trustees, as a body, for our work or for this report.
It is your duty to ensure that Skysthelimit.Org - UK has kept sufficient accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and surplus or deficit of the charity. You consider that Skysthelimit.Org - UK is exempt from the requirement to have a statutory audit or an independent examination for the year ended 31 January 2025.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
28/08/2026
Pages Accountancy Solutions Limited
6 Bannister Green Villas
Felsted
Dunmow
Essex
CM6 3NN
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Skysthelimit.Org - UK
Statement of Financial Activities (including Income and Expenditure Account)
For The Year Ended 31 January 2025
Statement of Financial Activities (including Income and Expenditure Account)
2025 2024
Unrestricted funds Unrestricted funds
Notes £ £
INCOME AND ENDOWMENTS FROM:
Donations and legacies 3 - 15,000
Investments 4 37 33
37 15,033
EXPENDITURE ON:
Raising funds 5 (4,350 ) (60 )
NET (EXPENDITURE)/INCOME (4,313 ) 14,973
NET MOVEMENT IN FUNDS (4,313 ) 14,973
RECONCILIATION OF FUNDS:
Total funds brought forward 20,022 5,049
TOTAL FUNDS CARRIED FORWARD 9 15,709 20,022
The notes on pages 6 to 8 form part of these financial statements.
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Skysthelimit.Org - UK
Statement of Financial Position
As At 31 January 2025
Statement of Financial Position
2025 2024
Unrestricted funds Total funds
Notes £ £
CURRENT ASSETS
Cash at bank and in hand 16,899 20,022
16,899 20,022
Creditors: Amounts Falling Due Within One Year 8 (1,190 ) -
NET CURRENT ASSETS (LIABILITIES) 15,709 20,022
TOTAL ASSETS LESS CURRENT LIABILITIES 15,709 20,022
NET ASSETS 15,709 20,022
FUNDS OF THE CHARITY
Unrestricted Funds 15,709 20,022
TOTAL FUNDS 9 15,709 20,022
For the year ending 31 January 2025 the charitable 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 trustees 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 in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Mr N C Cary
Trustee
28/08/2026
The notes on pages 6 to 8 form part of these financial statements.
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Skysthelimit.Org - UK
Notes to the Financial Statements
For The Year Ended 31 January 2025
Notes to the Financial Statements
1. General Information
Skysthelimit.Org - UK is a company limited by guarantee, incorporated in England & Wales, registered number 13146090 and registered charity number 1195070 . The registered office is 3rd Floor, 86-90 Paul Street, London, EC2A 4NE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The charitable company is a Public Benefit Entity as defined by FRS 102.
2.2. Significant judgements and estimations
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
There are no estimates and assumptions which have had significant risk of causing a material adjustment to the carrying amount of assets and liabilities.
2.3. Fund Accounting
The charity has unrestricted funds which are available for use in accordance with the charitable objectives at the discretion of the directors.
The charity has no restricted funds.
2.4. Incoming Resources
Income is recognised when the charity is entitled to the income and the amount can be measured reliably.
Income from investments is included in the year in which it is receivable.
2.5. Resources Expended
Expenditure is recognised on an accruals basis as a liability is incurred. 
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries.
2.6. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
3. Income from Donations and Legacies
2025 2024
Unrestricted Unrestricted
funds funds
£ £
Donations and gifts - 15,000
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Skysthelimit.Org - UK
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2025
4. Investment Income
2025 2024
Unrestricted Unrestricted
funds funds
£ £
Bank interest receivable 37 33
5. Analysis of Expenditure
2025
Support costs
(see note 6 )
£
Raising funds 4,350
2024
Support costs
(see note 6 )
£
Raising funds 60
6. Support Costs
2025 2024
Raising funds Raising funds
£ £
General administration 4,350 60
7. Average Number of Employees
Average number of employees during the year was: NIL (2024: NIL)
- -
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Accruals and deferred income 1,190 -
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Skysthelimit.Org - UK
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2025
9. Movement in Funds
As at 1 February 2024 Income Expenditure As at 31 January 2025
£ £ £ £
Unrestricted funds
General:
General unrestricted fund 20,022 37 (4,350 ) 15,709
Total funds 20,022 37 (4,350 ) 15,709
As at 1 February 2023 Income Expenditure As at 31 January 2024
£ £ £ £
Unrestricted funds
General:
General unrestricted fund 5,049 15,033 (60 ) 20,022
Total funds 5,049 15,033 (60 ) 20,022
10. Transactions with Trustees
None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.
No trustee expenses have been incurred.
11. Related Party Disclosures
There have been no related party transactions in the reporting period that require disclosure.
12. Company limited by guarantee
The company is limited by guarantee and has no share capital.
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