Acorah Software Products - Accounts Production 19.4.300 false true 28 February 2025 2 February 2024 false 1 March 2025 28 February 2026 28 February 2026 15462332 Mr DARRELL OLSEN iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15462332 2025-02-28 15462332 2026-02-28 15462332 2025-03-01 2026-02-28 15462332 frs-core:CurrentFinancialInstruments 2026-02-28 15462332 frs-core:Non-currentFinancialInstruments 2026-02-28 15462332 frs-core:FurnitureFittings 2026-02-28 15462332 frs-core:FurnitureFittings 2025-03-01 2026-02-28 15462332 frs-core:FurnitureFittings 2025-02-28 15462332 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2026-02-28 15462332 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-01 2026-02-28 15462332 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-02-28 15462332 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2026-02-28 15462332 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-01 2026-02-28 15462332 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-02-28 15462332 frs-core:PlantMachinery 2026-02-28 15462332 frs-core:PlantMachinery 2025-03-01 2026-02-28 15462332 frs-core:PlantMachinery 2025-02-28 15462332 frs-core:ShareCapital 2026-02-28 15462332 frs-core:RetainedEarningsAccumulatedLosses 2026-02-28 15462332 frs-bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 15462332 frs-bus:FilletedAccounts 2025-03-01 2026-02-28 15462332 frs-bus:SmallEntities 2025-03-01 2026-02-28 15462332 frs-bus:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 15462332 frs-bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 15462332 frs-bus:Director1 2025-03-01 2026-02-28 15462332 frs-core:Non-currentFinancialInstruments 1 2026-02-28 15462332 frs-countries:EnglandWales 2025-03-01 2026-02-28 15462332 2024-02-01 15462332 2025-02-28 15462332 2024-02-02 2025-02-28 15462332 frs-core:CurrentFinancialInstruments 2025-02-28 15462332 frs-core:Non-currentFinancialInstruments 2025-02-28 15462332 frs-core:ShareCapital 2025-02-28 15462332 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 15462332 frs-core:Non-currentFinancialInstruments 1 2025-02-28
Registered number: 15462332
House of Sven Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 15462332
28 February 2026 28 February 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 286,898 291,866
286,898 291,866
CURRENT ASSETS
Debtors 5 175,317 101,727
Cash at bank and in hand 58,748 5,574
234,065 107,301
Creditors: Amounts Falling Due Within One Year 6 (515,569 ) (424,870 )
NET CURRENT ASSETS (LIABILITIES) (281,504 ) (317,569 )
TOTAL ASSETS LESS CURRENT LIABILITIES 5,394 (25,703 )
NET ASSETS/(LIABILITIES) 5,394 (25,703 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 5,393 (25,704 )
SHAREHOLDERS' FUNDS 5,394 (25,703)
Page 1
Page 2
For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 DARRELL OLSEN
Director
28/08/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
House of Sven Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15462332 . The registered office is 435 Chester Road, Old Trafford, Manchester, Lancs, England, England, M16 9HA.
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:
Freehold 0%
Refurbishment 15% SLM
Plant & Machinery 15% SLM
Integral Features 15% SLM
Page 3
Page 4
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: NIL (2025: NIL)
- -
4. Tangible Assets
Land & Property
Freehold Refurbishment Plant & Machinery Integral Features Total
£ £ £ £ £
Cost
As at 1 March 2025 263,719 18,157 8,024 6,934 296,834
As at 28 February 2026 263,719 18,157 8,024 6,934 296,834
Depreciation
As at 1 March 2025 - 2,724 1,204 1,040 4,968
Provided during the period - 2,724 1,204 1,040 4,968
As at 28 February 2026 - 5,448 2,408 2,080 9,936
...CONTINUED
Page 4
Page 5
Net Book Value
As at 28 February 2026 263,719 12,709 5,616 4,854 286,898
As at 1 March 2025 263,719 15,433 6,820 5,894 291,866
5. Debtors
28 February 2026 28 February 2025
£ £
Due within one year
Prepayments and accrued income 19,137 67
Other debtors 6,180 -
25,317 67
Due after more than one year
BGMJ DEVELOPMENTS LIMITED - 101,660
Loan_Brentor Property 150,000 -
150,000 101,660
175,317 101,727
6. Creditors: Amounts Falling Due Within One Year
28 February 2026 28 February 2025
£ £
Bank Loan 211,146 211,146
Corporation tax 1,518 -
Accruals and deferred income 840 1,800
Director's loan account 302,065 211,924
515,569 424,870
7. Share Capital
28 February 2026 28 February 2025
£ £
Allotted, Called up and fully paid 1 1
Page 5