Acorah Software Products - Accounts Production 19.3.600 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 07042483 H Armstrong iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07042483 2024-12-31 07042483 2025-12-31 07042483 2025-01-01 2025-12-31 07042483 frs-core:CurrentFinancialInstruments 2025-12-31 07042483 frs-core:Non-currentFinancialInstruments 2025-12-31 07042483 frs-core:ComputerEquipment 2025-12-31 07042483 frs-core:ComputerEquipment 2025-01-01 2025-12-31 07042483 frs-core:ComputerEquipment 2024-12-31 07042483 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-01-01 2025-12-31 07042483 frs-core:FurnitureFittings 2025-12-31 07042483 frs-core:FurnitureFittings 2025-01-01 2025-12-31 07042483 frs-core:FurnitureFittings 2024-12-31 07042483 frs-core:MotorVehicles 2025-12-31 07042483 frs-core:MotorVehicles 2025-01-01 2025-12-31 07042483 frs-core:MotorVehicles 2024-12-31 07042483 frs-core:OtherResidualIntangibleAssets 2025-12-31 07042483 frs-core:OtherResidualIntangibleAssets 2025-01-01 2025-12-31 07042483 frs-core:OtherResidualIntangibleAssets 2024-12-31 07042483 frs-core:ShareCapital 2025-12-31 07042483 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 07042483 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 07042483 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 07042483 frs-bus:SmallEntities 2025-01-01 2025-12-31 07042483 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 07042483 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 07042483 frs-core:CostValuation 2024-12-31 07042483 frs-core:CostValuation 2025-12-31 07042483 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 07042483 frs-core:ProvisionsForImpairmentInvestments 2025-12-31 07042483 frs-bus:Director1 2025-01-01 2025-12-31 07042483 frs-countries:EnglandWales 2025-01-01 2025-12-31 07042483 2023-12-31 07042483 2024-12-31 07042483 2024-01-01 2024-12-31 07042483 frs-core:CurrentFinancialInstruments 2024-12-31 07042483 frs-core:Non-currentFinancialInstruments 2024-12-31 07042483 frs-core:MotorVehicles 2024-01-01 2024-12-31 07042483 frs-core:ShareCapital 2024-12-31 07042483 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 07042483
Silver Cloud Hr Limited
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: 07042483
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 32,436 16,000
Tangible Assets 5 72,217 76,641
Investments 6 1,693 1,693
106,346 94,334
CURRENT ASSETS
Debtors 7 824,904 769,410
Cash at bank and in hand 379,254 194,453
1,204,158 963,863
Creditors: Amounts Falling Due Within One Year 8 (1,136,395 ) (751,056 )
NET CURRENT ASSETS (LIABILITIES) 67,763 212,807
TOTAL ASSETS LESS CURRENT LIABILITIES 174,109 307,141
Creditors: Amounts Falling Due After More Than One Year 9 (39,620 ) (57,632 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (17,395 ) (18,502 )
NET ASSETS 117,094 231,007
CAPITAL AND RESERVES
Called up share capital 1 1
Profit and Loss Account 117,093 231,006
SHAREHOLDERS' FUNDS 117,094 231,007
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
H Armstrong
Director
07/09/2026
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
Silver Cloud Hr Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07042483 . The registered office is Stourwood House, Wrabness Road, Ramsey, CO12 5ND.
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 recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible fixed assets are measured at cost, net of amortisation and any impairment losses.
Amortisation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:
Website over 5 years
Computer Software over 3 years
2.4. 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:
Motor Vehicles 20% reducing balance
Fixtures & Fittings over 3 years
Computer Equipment over 3 years
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. 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.
2.6. Financial Instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Basic financial assets, including trade and other debtors and cash and bank balances, are initially recognised at transaction price and subsequently measured at amortised cost.
Basic financial liabilities, including trade and other creditors and loans, are initially recognised at transaction price and subsequently measured at amortised cost.
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Page 4
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.8. 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.
2.9. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.10. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 29 (2024: 35)
29 35
4. Intangible Assets
Other
£
Cost
As at 1 January 2025 16,000
Additions 22,500
As at 31 December 2025 38,500
...CONTINUED
Page 4
Page 5
Amortisation
As at 1 January 2025 -
Provided during the period 6,064
As at 31 December 2025 6,064
Net Book Value
As at 31 December 2025 32,436
As at 1 January 2025 16,000
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2025 111,000 4,516 67,284 182,800
Additions - 133 18,859 18,992
As at 31 December 2025 111,000 4,649 86,143 201,792
Depreciation
As at 1 January 2025 47,459 4,068 54,632 106,159
Provided during the period 12,708 492 10,216 23,416
As at 31 December 2025 60,167 4,560 64,848 129,575
Net Book Value
As at 31 December 2025 50,833 89 21,295 72,217
As at 1 January 2025 63,541 448 12,652 76,641
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2025 2024
£ £
Motor Vehicles 50,833 63,541
6. Investments
Subsidiaries
£
Cost
As at 1 January 2025 1,693
As at 31 December 2025 1,693
Provision
As at 1 January 2025 -
As at 31 December 2025 -
Net Book Value
As at 31 December 2025 1,693
As at 1 January 2025 1,693
Page 5
Page 6
Subsidiary Undertakings
The company holds 100% of the issued ordinary share capital of the following subsidiary undertaking:
Name: Silver Cloud (Mauritius) Ltd
Country of incorporation: Mauritius
Class of shares held: Ordinary
Proportion held: 100%
Principal activity: The provision of HR and payroll systems consultancy.
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 646,971 620,039
Other debtors 177,933 149,371
824,904 769,410
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 12,529 12,529
Trade creditors 338,815 52,092
Bank loans and overdrafts 14,482 22,688
Amounts owed to group undertakings 40,653 -
Other creditors 449,153 412,578
Taxation and social security 280,763 251,169
1,136,395 751,056
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 39,620 52,149
Bank loans - 5,483
39,620 57,632
Page 6