Acorah Software Products - Accounts Production 19.4.300 false true 31 January 2025 1 February 2024 false 1 February 2025 31 January 2026 31 January 2026 04646434 Mr Iain Dallas Mr Simon Jerome Ms Victoria Butterfield iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04646434 2025-01-31 04646434 2026-01-31 04646434 2025-02-01 2026-01-31 04646434 frs-core:CurrentFinancialInstruments 2026-01-31 04646434 frs-core:ComputerEquipment 2026-01-31 04646434 frs-core:ComputerEquipment 2025-02-01 2026-01-31 04646434 frs-core:ComputerEquipment 2025-01-31 04646434 frs-core:NetGoodwill 2026-01-31 04646434 frs-core:NetGoodwill 2025-02-01 2026-01-31 04646434 frs-core:NetGoodwill 2025-01-31 04646434 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2026-01-31 04646434 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-02-01 2026-01-31 04646434 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-01-31 04646434 frs-core:MotorVehicles 2025-02-01 2026-01-31 04646434 frs-core:PlantMachinery 2026-01-31 04646434 frs-core:PlantMachinery 2025-02-01 2026-01-31 04646434 frs-core:PlantMachinery 2025-01-31 04646434 frs-core:ShareCapital 2026-01-31 04646434 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 04646434 frs-bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 04646434 frs-bus:FilletedAccounts 2025-02-01 2026-01-31 04646434 frs-bus:SmallEntities 2025-02-01 2026-01-31 04646434 frs-bus:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 04646434 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 04646434 frs-bus:Director1 2025-02-01 2026-01-31 04646434 frs-bus:Director2 2025-02-01 2026-01-31 04646434 frs-bus:CompanySecretary1 2025-02-01 2026-01-31 04646434 frs-countries:EnglandWales 2025-02-01 2026-01-31 04646434 2024-01-31 04646434 2025-01-31 04646434 2024-02-01 2025-01-31 04646434 frs-core:CurrentFinancialInstruments 2025-01-31 04646434 frs-core:ShareCapital 2025-01-31 04646434 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31
Registered number: 04646434
On IT Services Limited
Unaudited Financial Statements
For The Year Ended 31 January 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04646434
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 4,008 5,344
4,008 5,344
CURRENT ASSETS
Stocks 6 1,483 1,412
Debtors 7 86,938 120,065
Cash at bank and in hand 96,818 23,576
185,239 145,053
Creditors: Amounts Falling Due Within One Year 8 (129,539 ) (104,735 )
NET CURRENT ASSETS (LIABILITIES) 55,700 40,318
TOTAL ASSETS LESS CURRENT LIABILITIES 59,708 45,662
PROVISIONS FOR LIABILITIES
Deferred Taxation (438 ) -
NET ASSETS 59,270 45,662
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 59,170 45,562
SHAREHOLDERS' FUNDS 59,270 45,662
Page 1
Page 2
For the year ending 31 January 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 Iain Dallas
Director
Mr Simon Jerome
Director
11/09/2026
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
On IT Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04646434 . The registered office is The Counting House, 9 High Street, Tring, Hertfordshire, HP23 5TE.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life.
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:
Leasehold 10% straight line
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 25% reducing balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
Page 3
Page 4
2.6. 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: 8 (2025: 7)
8 7
4. Intangible Assets
Goodwill
£
Cost
As at 1 February 2025 43,215
As at 31 January 2026 43,215
Amortisation
As at 1 February 2025 43,215
As at 31 January 2026 43,215
Net Book Value
As at 31 January 2026 -
As at 1 February 2025 -
Page 4
Page 5
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2025 46,931 164,203 600 211,734
As at 31 January 2026 46,931 164,203 600 211,734
Depreciation
As at 1 February 2025 46,931 159,187 272 206,390
Provided during the period - 1,254 82 1,336
As at 31 January 2026 46,931 160,441 354 207,726
Net Book Value
As at 31 January 2026 - 3,762 246 4,008
As at 1 February 2025 - 5,016 328 5,344
6. Stocks
2026 2025
£ £
Stock 1,483 1,412
7. Debtors
2026 2025
£ £
Due within one year
Trade debtors 74,935 108,062
Amounts owed by related parties 12,003 12,003
86,938 120,065
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 45,940 31,871
Bank loans and overdrafts - 11,127
Corporation tax 30,745 18,270
Other taxes and social security 3,325 2,928
VAT 32,041 30,303
Pension Liability 1,122 1,247
Directors' loan accounts 8,549 8,989
Amounts owed to related parties 7,817 -
129,539 104,735
Page 5
Page 6
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
Page 6