Acorah Software Products - Accounts Production 19.3.600 false true true 28 February 2025 1 March 2024 false 1 March 2025 28 February 2026 28 February 2026 SC690008 J A Ware S A Ware the directors true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC690008 2025-02-28 SC690008 2026-02-28 SC690008 2025-03-01 2026-02-28 SC690008 frs-core:CurrentFinancialInstruments 2026-02-28 SC690008 frs-core:ComputerEquipment 2026-02-28 SC690008 frs-core:ComputerEquipment 2025-03-01 2026-02-28 SC690008 frs-core:ComputerEquipment 2025-02-28 SC690008 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2026-02-28 SC690008 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-03-01 2026-02-28 SC690008 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-02-28 SC690008 frs-core:PlantMachinery 2026-02-28 SC690008 frs-core:PlantMachinery 2025-03-01 2026-02-28 SC690008 frs-core:PlantMachinery 2025-02-28 SC690008 frs-core:ShareCapital 2026-02-28 SC690008 frs-core:RetainedEarningsAccumulatedLosses 2026-02-28 SC690008 frs-bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 SC690008 frs-bus:FilletedAccounts 2025-03-01 2026-02-28 SC690008 frs-bus:SmallEntities 2025-03-01 2026-02-28 SC690008 frs-bus:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 SC690008 frs-bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 SC690008 1 2025-03-01 2026-02-28 SC690008 frs-bus:Director1 2025-03-01 2026-02-28 SC690008 frs-bus:Director2 2025-03-01 2026-02-28 SC690008 frs-countries:Scotland 2025-03-01 2026-02-28 SC690008 2024-02-29 SC690008 2025-02-28 SC690008 2024-03-01 2025-02-28 SC690008 frs-core:CurrentFinancialInstruments 2025-02-28 SC690008 frs-core:ShareCapital 2025-02-28 SC690008 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28
Registered number: SC690008
2wire Innovations Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2026
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Directors J A Ware
S A Ware
Company Number SC690008
Registered Office 5 Carden Place
Aberdeen
AB10 1UT
Page 1
Page 2
Balance Sheet
Registered number: SC690008
2026 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 31,434 30,736
Tangible Assets 5 5,309 242
36,743 30,978
CURRENT ASSETS
Debtors 6 880 104,671
Cash at bank and in hand 13,983 4,069
14,863 108,740
Creditors: Amounts Falling Due Within One Year 7 (9,260 ) (128,934 )
NET CURRENT ASSETS (LIABILITIES) 5,603 (20,194 )
TOTAL ASSETS LESS CURRENT LIABILITIES 42,346 10,784
NET ASSETS 42,346 10,784
CAPITAL AND RESERVES
Called up share capital 8 2,000 2,000
Profit and Loss Account 40,346 8,784
SHAREHOLDERS' FUNDS 42,346 10,784
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Page 3
For the year ending 28 February 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
J A Ware
Director
11th September 2026
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
2wire Innovations Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC690008 . The registered office is 5 Carden Place, Aberdeen, AB10 1UT.
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
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value
added tax and other sales taxes.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Development costs are being amortised evenly over its estimated useful life of nil years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if
held under a finance lease, over the lease term, whichever is the shorter:
Plant & Machinery 20% on cost
Computer Equipment 33% on cost
2.6. 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.
2.7. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the
extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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3. Average Number of Employees
Average number of employees, including directors, during the period was NIL (2025: NIL)
- -
4. Intangible Assets
Development Costs
£
Cost
As at 1 March 2025 30,736
Additions 698
As at 28 February 2026 31,434
Net Book Value
As at 28 February 2026 31,434
As at 1 March 2025 30,736
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 March 2025 - 311 311
Additions 4,626 1,301 5,927
As at 28 February 2026 4,626 1,612 6,238
Depreciation
As at 1 March 2025 - 69 69
Provided during the period 540 320 860
As at 28 February 2026 540 389 929
Net Book Value
As at 28 February 2026 4,086 1,223 5,309
As at 1 March 2025 - 242 242
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors - 103,799
Other debtors 880 872
880 104,671
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7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 4,424 1,541
Other creditors 2,557 127,393
Taxation and social security 2,279 -
9,260 128,934
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 2,000 2,000
9. Ultimate Controlling Party
The company's ultimate controlling party is the directors by virtue of their ownership of 100% of the issued share capital in the company.
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