Acorah Software Products - Accounts Production 19.3.550 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 10468557 M Collins S D Horton J M Fowler M E Price S D Horton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10468557 2024-12-31 10468557 2025-12-31 10468557 2025-01-01 2025-12-31 10468557 frs-core:CurrentFinancialInstruments 2025-12-31 10468557 frs-core:Non-currentFinancialInstruments 2025-12-31 10468557 frs-core:BetweenOneFiveYears 2025-12-31 10468557 frs-core:ComputerEquipment 2025-01-01 2025-12-31 10468557 frs-core:FurnitureFittings 2025-12-31 10468557 frs-core:FurnitureFittings 2025-01-01 2025-12-31 10468557 frs-core:FurnitureFittings 2024-12-31 10468557 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-12-31 10468557 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-01-01 2025-12-31 10468557 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 10468557 frs-core:MotorVehicles 2025-12-31 10468557 frs-core:MotorVehicles 2025-01-01 2025-12-31 10468557 frs-core:MotorVehicles 2024-12-31 10468557 frs-core:WithinOneYear 2025-12-31 10468557 frs-core:ShareCapital 2025-12-31 10468557 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 10468557 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 10468557 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 10468557 frs-bus:SmallEntities 2025-01-01 2025-12-31 10468557 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 10468557 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 10468557 frs-bus:OrdinaryShareClass1 2025-01-01 2025-12-31 10468557 frs-bus:OrdinaryShareClass1 2025-12-31 10468557 frs-core:UnlistedNon-exchangeTraded 2025-12-31 10468557 frs-core:UnlistedNon-exchangeTraded 2024-12-31 10468557 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 10468557 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2025-12-31 10468557 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-12-31 10468557 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 10468557 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-12-31 10468557 frs-bus:Director1 2025-01-01 2025-12-31 10468557 frs-bus:Director1 2024-12-31 10468557 frs-bus:Director1 2025-12-31 10468557 frs-bus:Director2 2025-01-01 2025-12-31 10468557 frs-bus:Director2 2024-12-31 10468557 frs-bus:Director2 2025-12-31 10468557 frs-bus:Director3 2025-01-01 2025-12-31 10468557 frs-bus:Director4 2025-01-01 2025-12-31 10468557 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 10468557 frs-countries:EnglandWales 2025-01-01 2025-12-31 10468557 2023-12-31 10468557 2024-12-31 10468557 2024-01-01 2024-12-31 10468557 frs-core:CurrentFinancialInstruments 2024-12-31 10468557 frs-core:Non-currentFinancialInstruments 2024-12-31 10468557 frs-core:BetweenOneFiveYears 2024-12-31 10468557 frs-core:WithinOneYear 2024-12-31 10468557 frs-core:ShareCapital 2024-12-31 10468557 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10468557 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31
Registered number: 10468557
Ascend Broking Group Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 10468557
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 252,219 23,160
Investments 5 113,361 88,236
365,580 111,396
CURRENT ASSETS
Debtors 6 1,514,739 1,443,341
Cash at bank and in hand 1,070,287 888,803
2,585,026 2,332,144
Creditors: Amounts Falling Due Within One Year 7 (1,992,273 ) (1,935,643 )
NET CURRENT ASSETS (LIABILITIES) 592,753 396,501
TOTAL ASSETS LESS CURRENT LIABILITIES 958,333 507,897
Creditors: Amounts Falling Due After More Than One Year 8 (172,839 ) (4,132 )
NET ASSETS 785,494 503,765
CAPITAL AND RESERVES
Called up share capital 10 36,500 36,500
Profit and Loss Account 748,994 467,265
SHAREHOLDERS' FUNDS 785,494 503,765
Page 1
Page 2
For the year 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 Collins
Director
4th September 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Ascend Broking Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10468557 . The registered office is 21 Springfield Lyons Approach, Springfield, Chelmsford, Essex, CM2 5LB.
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:
Leasehold Over the lease term
Motor Vehicles 25% reducing balance
Furniture, fittings & equipment 15% reducing balance
Computer Equipment 33% straight line
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.
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.
...CONTINUED
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2.5. Taxation - continued
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: 23 (2024: 22)
23 22
4. Tangible Assets
Land & Property
Leasehold Motor Vehicles Furniture, fittings & equipment Total
£ £ £ £
Cost
As at 1 January 2025 - 8,500 57,938 66,438
Additions 238,351 - 25,368 263,719
Disposals - (8,500 ) - (8,500 )
As at 31 December 2025 238,351 - 83,306 321,657
Depreciation
As at 1 January 2025 - 5,810 37,468 43,278
Provided during the period 19,863 - 12,107 31,970
Disposals - (5,810 ) - (5,810 )
As at 31 December 2025 19,863 - 49,575 69,438
Net Book Value
As at 31 December 2025 218,488 - 33,731 252,219
As at 1 January 2025 - 2,690 20,470 23,160
5. Investments
Unlisted
£
Cost or Valuation
As at 1 January 2025 88,236
Additions 25,125
As at 31 December 2025 113,361
Provision
As at 1 January 2025 -
As at 31 December 2025 -
...CONTINUED
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Page 5
Net Book Value
As at 31 December 2025 113,361
As at 1 January 2025 88,236
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,193,759 1,240,033
Amounts owed by participating interests 43,991 50,721
Other debtors 276,989 152,587
1,514,739 1,443,341
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 68,491 -
Trade creditors - 3,019
Bank loans and overdrafts 58,194 10,648
Other creditors 1,710,617 1,778,852
Taxation and social security 154,971 143,124
1,992,273 1,935,643
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 172,839 -
Other loans - 4,132
172,839 4,132
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 68,491 -
Later than one year and not later than five years 172,839 -
241,330 -
241,330 -
10. Share Capital
2025 2024
Allotted, called up and fully paid £ £
3,650,000 Ordinary Shares of £ 0.01 each 36,500 36,500
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11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2025 Amounts advanced Amounts repaid Amounts written off As at 31 December 2025
£ £ £ £ £
Mr Matthew Collins (197,904 ) 60,471 - - (137,433 )
Simon Horton - 10,000 - - 10,000
The above loan is unsecured, interest free and repayable on demand.
12. Related Party Transactions
The company is owed £43,991 (2024: £50,721) by a company under common control.
13. Client bank account
Included within the bank balance are client bank accounts which total £756,820 (2024: £556,075).
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