Acorah Software Products - Accounts Production 19.4.300 false true 30 September 2024 1 August 2023 false 1 October 2024 31 December 2025 31 December 2025 12088586 M J Crocker S B Newton G Newton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12088586 2024-09-30 12088586 2025-12-31 12088586 2024-10-01 2025-12-31 12088586 frs-core:CurrentFinancialInstruments 2025-12-31 12088586 frs-core:ShareCapital 2025-12-31 12088586 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 12088586 frs-bus:PrivateLimitedCompanyLtd 2024-10-01 2025-12-31 12088586 frs-bus:FilletedAccounts 2024-10-01 2025-12-31 12088586 frs-bus:SmallEntities 2024-10-01 2025-12-31 12088586 frs-bus:AuditExempt-NoAccountantsReport 2024-10-01 2025-12-31 12088586 frs-bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-12-31 12088586 frs-bus:Director1 2024-10-01 2025-12-31 12088586 frs-bus:Director2 2024-10-01 2025-12-31 12088586 frs-bus:CompanySecretary1 2024-10-01 2025-12-31 12088586 frs-countries:EnglandWales 2024-10-01 2025-12-31 12088586 2023-07-31 12088586 2024-09-30 12088586 2023-08-01 2024-09-30 12088586 frs-core:CurrentFinancialInstruments 2024-09-30 12088586 frs-core:ShareCapital 2024-09-30 12088586 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30
Registered number: 12088586
Gravitate Investments Limited
Unaudited Financial Statements
For the Period 1 October 2024 to 31 December 2025
Gravitate Accounting
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12088586
31 December 2025 30 September 2024
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 476,954 -
Investments 5 37 40
Cash at bank and in hand 65,791 53,666
542,782 53,706
Creditors: Amounts Falling Due Within One Year 6 (154,692 ) (39,883 )
NET CURRENT ASSETS (LIABILITIES) 388,090 13,823
TOTAL ASSETS LESS CURRENT LIABILITIES 388,090 13,823
NET ASSETS 388,090 13,823
CAPITAL AND RESERVES
Called up share capital 7 40 40
Profit and Loss Account 388,050 13,783
SHAREHOLDERS' FUNDS 388,090 13,823
For the period 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
M J Crocker
Director
S B Newton
Director
29th June 2026
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Gravitate Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12088586 . The registered office is First Floor Office G Unit 13, 92 Burton Road, Sheffield, South Yorkshire, S3 8DA.
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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2 (2024: 2)
2 2
4. Debtors
31 December 2025 30 September 2024
£ £
Due within one year
Prepayments and accrued income 2,163 -
Amounts owed by subsidiaries 474,791 -
476,954 -
5. Current Asset Investments
31 December 2025 30 September 2024
£ £
Shares in subsidiaries 37 40
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
31 December 2025 30 September 2024
£ £
Corporation tax 153,820 -
Other creditors 2 4
Directors' loan accounts 870 39,879
154,692 39,883
7. Share Capital
31 December 2025 30 September 2024
£ £
Allotted, Called up and fully paid 40 40
8. Related Party Transactions
Included within Debtors falling due within one year are loans to subsidiaries of £474,791 (2024: £nil). The loans are unsecured, repayable on demand and bear interest at rates of 5% and 8.5% per annum.
Included within Creditors falling due within one year are loans from Directors of £870 (2024: £39,879). These loans are unsecured, interest free and repayable on demand.
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