Acorah Software Products - Accounts Production 19.4.300 false true false 1 July 2025 31 July 2026 31 July 2026 16552724 Mr Corin Margetson Mrs Sophie Stansbury iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 16552724 2025-06-30 16552724 2026-07-31 16552724 2025-07-01 2026-07-31 16552724 frs-core:CurrentFinancialInstruments 2026-07-31 16552724 frs-core:ComputerEquipment 2026-07-31 16552724 frs-core:ComputerEquipment 2025-07-01 2026-07-31 16552724 frs-core:ComputerEquipment 2025-06-30 16552724 frs-core:ShareCapital 2026-07-31 16552724 frs-bus:PrivateLimitedCompanyLtd 2025-07-01 2026-07-31 16552724 frs-bus:FilletedAccounts 2025-07-01 2026-07-31 16552724 frs-bus:SmallEntities 2025-07-01 2026-07-31 16552724 frs-bus:AuditExempt-NoAccountantsReport 2025-07-01 2026-07-31 16552724 frs-bus:SmallCompaniesRegimeForAccounts 2025-07-01 2026-07-31 16552724 frs-bus:Director1 2025-07-01 2026-07-31 16552724 frs-bus:Director2 2025-07-01 2026-07-31 16552724 frs-countries:EnglandWales 2025-07-01 2026-07-31
Registered number: 16552724
Bagel Projects Ltd
Unaudited Financial Statements
For the Period 1 July 2025 to 31 July 2026
TaxAssist Accountants - Royal Wootton Bassett
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 16552724
31 July 2026
Notes £ £
FIXED ASSETS
Tangible Assets 4 1,568
1,568
CURRENT ASSETS
Debtors 5 42,257
Cash at bank and in hand 121,004
163,261
Creditors: Amounts Falling Due Within One Year 6 (164,827 )
NET CURRENT ASSETS (LIABILITIES) (1,566 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2
NET ASSETS 2
CAPITAL AND RESERVES
Called up share capital 7 2
SHAREHOLDERS' FUNDS 2
For the period ending 31 July 2026 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 Corin Margetson
Director
01/09/2026
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
Bagel Projects Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 16552724 . The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.
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:
Computer Equipment 20% straight line
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 July 2025 -
Additions 1,960
As at 31 July 2026 1,960
Depreciation
As at 1 July 2025 -
Provided during the period 392
As at 31 July 2026 392
Net Book Value
As at 31 July 2026 1,568
As at 1 July 2025 -
Page 2
Page 3
5. Debtors
31 July 2026
£
Due within one year
Trade debtors 28,248
Other debtors 14,009
42,257
6. Creditors: Amounts Falling Due Within One Year
31 July 2026
£
Trade creditors 4,500
Amounts owed to participating interests 160,327
164,827
7. Share Capital
31 July 2026
£
Allotted, Called up and fully paid 2
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
The above loan is unsecured, interest free and repayable on demand.
Page 3