Acorah Software Products - Accounts Production 19.3.550 false true 31 January 2025 1 February 2024 false 1 February 2025 31 January 2026 31 January 2026 10947675 Mr Iu Fong iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10947675 2025-01-31 10947675 2026-01-31 10947675 2025-02-01 2026-01-31 10947675 frs-core:CurrentFinancialInstruments 2026-01-31 10947675 frs-core:ComputerEquipment 2026-01-31 10947675 frs-core:ComputerEquipment 2025-02-01 2026-01-31 10947675 frs-core:ComputerEquipment 2025-01-31 10947675 frs-core:MotorVehicles 2026-01-31 10947675 frs-core:MotorVehicles 2025-02-01 2026-01-31 10947675 frs-core:MotorVehicles 2025-01-31 10947675 frs-core:PlantMachinery 2026-01-31 10947675 frs-core:PlantMachinery 2025-02-01 2026-01-31 10947675 frs-core:PlantMachinery 2025-01-31 10947675 frs-core:ShareCapital 2026-01-31 10947675 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 10947675 frs-bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 10947675 frs-bus:FilletedAccounts 2025-02-01 2026-01-31 10947675 frs-bus:SmallEntities 2025-02-01 2026-01-31 10947675 frs-bus:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 10947675 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 10947675 frs-bus:Director1 2025-02-01 2026-01-31 10947675 frs-countries:EnglandWales 2025-02-01 2026-01-31 10947675 2024-01-31 10947675 2025-01-31 10947675 2024-02-01 2025-01-31 10947675 frs-core:CurrentFinancialInstruments 2025-01-31 10947675 frs-core:ShareCapital 2025-01-31 10947675 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31
Registered number: 10947675
IS Formula Ltd.
Unaudited Financial Statements
For The Year Ended 31 January 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10947675
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 22,205 34,462
22,205 34,462
CURRENT ASSETS
Debtors 5 4,591 1,464
Cash at bank and in hand 4,391 4,240
8,982 5,704
Creditors: Amounts Falling Due Within One Year 6 (16,963 ) (5,357 )
NET CURRENT ASSETS (LIABILITIES) (7,981 ) 347
TOTAL ASSETS LESS CURRENT LIABILITIES 14,224 34,809
NET ASSETS 14,224 34,809
CAPITAL AND RESERVES
Called up share capital 7 10 10
Profit and Loss Account 14,214 34,799
SHAREHOLDERS' FUNDS 14,224 34,809
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 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 Profit and Loss Account.
On behalf of the board
Mr Iu Fong
Director
18/09/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
IS Formula Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 10947675 . The registered office is Flat 35 Merlin Court, 28 Handley Drive, London, SE3 9BW.
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:
Plant & Machinery 25% straight line
Motor Vehicles 20% straight line
Computer Equipment 33.3% straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2025: 1)
1 1
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2025 1,439 60,490 8,610 70,539
As at 31 January 2026 1,439 60,490 8,610 70,539
Depreciation
As at 1 February 2025 1,255 26,212 8,610 36,077
Provided during the period 159 12,098 - 12,257
As at 31 January 2026 1,414 38,310 8,610 48,334
Net Book Value
As at 31 January 2026 25 22,180 - 22,205
As at 1 February 2025 184 34,278 - 34,462
5. Debtors
2026 2025
£ £
Due within one year
Prepayments and accrued income 4,591 1,464
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Bank loans and overdrafts 627 -
Other creditors 15,156 3,868
Taxation and social security 1,180 1,489
16,963 5,357
7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 10 10
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