Acorah Software Products - Accounts Production 19.3.600 false true true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 08534202 Mr Nigel McKenzie Asset Finance UK Holdings Ltd true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08534202 2025-03-31 08534202 2026-03-31 08534202 2025-04-01 2026-03-31 08534202 frs-core:CurrentFinancialInstruments 2026-03-31 08534202 frs-core:Non-currentFinancialInstruments 2026-03-31 08534202 frs-core:BetweenOneFiveYears 2026-03-31 08534202 frs-core:ComputerEquipment 2026-03-31 08534202 frs-core:ComputerEquipment 2025-04-01 2026-03-31 08534202 frs-core:ComputerEquipment 2025-03-31 08534202 frs-core:WithinOneYear 2026-03-31 08534202 frs-core:ShareCapital 2026-03-31 08534202 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 08534202 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 08534202 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 08534202 frs-bus:SmallEntities 2025-04-01 2026-03-31 08534202 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 08534202 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 08534202 1 2025-04-01 2026-03-31 08534202 frs-bus:Director1 2025-04-01 2026-03-31 08534202 frs-countries:EnglandWales 2025-04-01 2026-03-31 08534202 2024-03-31 08534202 2025-03-31 08534202 2024-04-01 2025-03-31 08534202 frs-core:CurrentFinancialInstruments 2025-03-31 08534202 frs-core:Non-currentFinancialInstruments 2025-03-31 08534202 frs-core:BetweenOneFiveYears 2025-03-31 08534202 frs-core:WithinOneYear 2025-03-31 08534202 frs-core:ShareCapital 2025-03-31 08534202 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 08534202
Autoflex Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 08534202
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 861 -
861 -
CURRENT ASSETS
Debtors 5 2,553,324 2,535,390
Cash at bank and in hand 1,919 17,823
2,555,243 2,553,213
Creditors: Amounts Falling Due Within One Year 6 (882,337 ) (1,054,125 )
NET CURRENT ASSETS (LIABILITIES) 1,672,906 1,499,088
TOTAL ASSETS LESS CURRENT LIABILITIES 1,673,767 1,499,088
Creditors: Amounts Falling Due After More Than One Year 7 (619,578 ) (527,407 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (166,158 ) (194,495 )
NET ASSETS 888,031 777,186
CAPITAL AND RESERVES
Called up share capital 9 3 3
Income Statement 888,028 777,183
SHAREHOLDERS' FUNDS 888,031 777,186
Page 1
Page 2
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 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 Income Statement.
On behalf of the board
Mr Nigel McKenzie
Director
8 September 2026
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Autoflex Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08534202 . The registered office is 427A Otley Road, Leeds, LS6 6AJ.

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. Going Concern Disclosure
When preparing the financial statements, the directors have made an assessment of the company's ability to continue as a going concern. The company is considered a going concern as the directors have no intention to liquidate the company or to cease trading. In assessing whether the going concern assumption is appropriate, the directors have taken into account all available information about the future, which is at least, but is not limited to, twelve months from the date when the financial statements are authorised for issue.
2.3. 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.
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:
Computer Equipment 33.33% on cost
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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 2 (2025: 2)
2 2
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2025 -
Additions 1,045
As at 31 March 2026 1,045
Depreciation
As at 1 April 2025 -
Provided during the period 184
As at 31 March 2026 184
Net Book Value
As at 31 March 2026 861
As at 1 April 2025 -
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 6,676 10,150
Amounts owed by group undertakings 134,225 -
Other debtors 1,403,448 1,453,250
1,544,349 1,463,400
Due after more than one year
Other debtors 1,008,975 1,071,990
2,553,324 2,535,390
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 283 29,639
Amounts owed to group undertakings - 52,000
Other creditors 687,798 908,604
Taxation and social security 194,256 63,882
882,337 1,054,125
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Other creditors 619,578 527,407
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8. Secured Creditors
Of the creditors the following amounts are secured.
2026 2025
£ £
Other Creditors 640,078 534,903
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 3 3
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2026 2025
£ £
Not later than one year 15,500 15,500
Later than one year and not later than five years 34,875 50,375
50,375 65,875
11. Ultimate Controlling Party
The company's ultimate controlling party is Asset Finance UK Holdings Ltd by virtue of his ownership of 100% of the issued share capital in the company.
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