Acorah Software Products - Accounts Production 19.4.300 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 08706982 Mr Jonathan Campion Mr Graham Bruce Mr Adam Palmer iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08706982 2024-12-31 08706982 2025-12-31 08706982 2025-01-01 2025-12-31 08706982 frs-core:CurrentFinancialInstruments 2025-12-31 08706982 frs-core:Non-currentFinancialInstruments 2025-12-31 08706982 frs-core:ComputerEquipment 2025-12-31 08706982 frs-core:ComputerEquipment 2025-01-01 2025-12-31 08706982 frs-core:ComputerEquipment 2024-12-31 08706982 frs-core:FurnitureFittings 2025-12-31 08706982 frs-core:FurnitureFittings 2025-01-01 2025-12-31 08706982 frs-core:FurnitureFittings 2024-12-31 08706982 frs-core:ShareCapital 2025-12-31 08706982 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 08706982 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 08706982 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 08706982 frs-bus:SmallEntities 2025-01-01 2025-12-31 08706982 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 08706982 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 08706982 frs-bus:Director1 2025-01-01 2025-12-31 08706982 frs-bus:Director2 2025-01-01 2025-12-31 08706982 frs-bus:Director3 2025-01-01 2025-12-31 08706982 frs-countries:EnglandWales 2025-01-01 2025-12-31 08706982 2023-12-31 08706982 2024-12-31 08706982 2024-01-01 2024-12-31 08706982 frs-core:CurrentFinancialInstruments 2024-12-31 08706982 frs-core:Non-currentFinancialInstruments 2024-12-31 08706982 frs-core:ShareCapital 2024-12-31 08706982 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 08706982
Corriculo Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08706982
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 16 626
16 626
CURRENT ASSETS
Debtors 5 217,549 185,445
Cash at bank and in hand 214,620 209,868
432,169 395,313
Creditors: Amounts Falling Due Within One Year 6 (312,812 ) (226,093 )
NET CURRENT ASSETS (LIABILITIES) 119,357 169,220
TOTAL ASSETS LESS CURRENT LIABILITIES 119,373 169,846
Creditors: Amounts Falling Due After More Than One Year 7 (113,894 ) (176,277 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (157 )
NET ASSETS/(LIABILITIES) 5,479 (6,588 )
CAPITAL AND RESERVES
Called up share capital 8 48 48
Profit and Loss Account 5,431 (6,636 )
SHAREHOLDERS' FUNDS 5,479 (6,588)
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 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 Jonathan Campion
Director
Mr Graham Bruce
Director
06/08/2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Corriculo Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08706982 . The registered office is The Magdalin Centre, The Oxford Science Park, Oxford, OX4 4GA.
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:
Fixtures & Fittings 25% SL
Computer Equipment 33.33% SL
2.4. 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.
2.5. 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 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2024: 13)
11 13
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2025 288 19,864 20,152
As at 31 December 2025 288 19,864 20,152
Depreciation
As at 1 January 2025 253 19,273 19,526
Provided during the period 19 591 610
As at 31 December 2025 272 19,864 20,136
Net Book Value
As at 31 December 2025 16 - 16
As at 1 January 2025 35 591 626
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 179,202 104,179
Amounts recoverable on contracts - 23,110
Other debtors 38,347 58,156
217,549 185,445
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 216,942 114,455
Bank loans and overdrafts 62,381 62,381
Other creditors 3,619 10,842
Taxation and social security 29,870 38,415
312,812 226,093
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 113,894 176,277
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8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 48 48
9. Related Party Transactions
During the year, Corriculo Ltd issued £1,680 loan to Totus RPO Ltd. At 31st December 2024, Totus RPO Ltd owed Corriculo Ltd £18,799 which is included within Other Debtors. No interest has been charged on this balance and the loan is repayable on demand as there is no fixed repayment terms. Corriculo Ltd is owned by Jonathan Campion and Graham Bruce, who are both directors of Totus RPO Ltd and control Corriculo Group Ltd, Corriculo Ltd and Totus RPO Ltd.
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