Acorah Software Products - Accounts Production 19.4.300 false true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 10684351 Mr Adam Foot Mr Darren Stewart iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10684351 2025-03-31 10684351 2026-03-31 10684351 2025-04-01 2026-03-31 10684351 frs-core:CurrentFinancialInstruments 2026-03-31 10684351 frs-core:Non-currentFinancialInstruments 2026-03-31 10684351 frs-core:ComputerEquipment 2026-03-31 10684351 frs-core:ComputerEquipment 2025-04-01 2026-03-31 10684351 frs-core:ComputerEquipment 2025-03-31 10684351 frs-core:FurnitureFittings 2026-03-31 10684351 frs-core:FurnitureFittings 2025-04-01 2026-03-31 10684351 frs-core:FurnitureFittings 2025-03-31 10684351 frs-core:PlantMachinery 2026-03-31 10684351 frs-core:PlantMachinery 2025-04-01 2026-03-31 10684351 frs-core:PlantMachinery 2025-03-31 10684351 frs-core:SharePremium 2026-03-31 10684351 frs-core:ShareCapital 2026-03-31 10684351 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 10684351 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 10684351 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 10684351 frs-bus:SmallEntities 2025-04-01 2026-03-31 10684351 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 10684351 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 10684351 frs-bus:Director1 2025-04-01 2026-03-31 10684351 frs-bus:Director2 2025-04-01 2026-03-31 10684351 frs-countries:EnglandWales 2025-04-01 2026-03-31 10684351 2024-03-31 10684351 2025-03-31 10684351 2024-04-01 2025-03-31 10684351 frs-core:CurrentFinancialInstruments 2025-03-31 10684351 frs-core:Non-currentFinancialInstruments 2025-03-31 10684351 frs-core:SharePremium 2025-03-31 10684351 frs-core:ShareCapital 2025-03-31 10684351 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 10684351
Gavea Technology Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
EP Accountants
Chartered Certified Accountants
185 Gloucester Avenue
Chelmsford
Essex
CM2 9DX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 10684351
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 38,580 9,900
38,580 9,900
CURRENT ASSETS
Debtors 5 81,555 63,809
Cash at bank and in hand 360,539 398,054
442,094 461,863
Creditors: Amounts Falling Due Within One Year 6 (148,402 ) (203,893 )
NET CURRENT ASSETS (LIABILITIES) 293,692 257,970
TOTAL ASSETS LESS CURRENT LIABILITIES 332,272 267,870
Creditors: Amounts Falling Due After More Than One Year 7 (153,500 ) (177,410 )
NET ASSETS 178,772 90,460
CAPITAL AND RESERVES
Called up share capital 8 13,922 13,922
Share premium account 819,725 819,725
Profit and Loss Account (654,875 ) (743,187 )
SHAREHOLDERS' FUNDS 178,772 90,460
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For the year ending 31 March 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 Adam Foot
Director
28/09/2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Gavea Technology Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10684351 . The registered office is Eagle House Office 16 Eagle House, Waterloo Lane, Chelmsford, Essex, CM1 1DB.
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:
Plant & Machinery Over 5 years
Leasehold Improvements Over 4 years
Computer Equipment Over 3 years
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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: 22 (2025: 18)
22 18
4. Tangible Assets
Plant & Machinery Leasehold Improvements Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2025 3,502 - 19,366 22,868
Additions 13,022 22,295 9,071 44,388
As at 31 March 2026 16,524 22,295 28,437 67,256
...CONTINUED
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Depreciation
As at 1 April 2025 1,181 - 11,787 12,968
Provided during the period 3,184 5,573 6,951 15,708
As at 31 March 2026 4,365 5,573 18,738 28,676
Net Book Value
As at 31 March 2026 12,159 16,722 9,699 38,580
As at 1 April 2025 2,321 - 7,579 9,900
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 61,034 53,034
Other debtors 19,846 10,100
80,880 63,134
Due after more than one year
Other debtors 675 675
81,555 63,809
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 439 1,416
Bank loans and overdrafts 3,010 6,000
Other creditors 42,476 102,409
Taxation and social security 102,477 94,068
148,402 203,893
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Loan 153,500 177,410
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8. Share Capital
2026 2025
£ £
Called Up Share Capital not Paid 8,000 8,000
Called Up Share Capital has been paid up 5,922 5,922
Amount of Allotted, Called Up Share Capital 13,922 13,922
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