Acorah Software Products - Accounts Production 19.4.300 false true true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 11080313 Mr Alexandra Calinikos Mr Mikkel Tolnaes Mr John Thornhill Ms Natasha Christie-Miller Miss Maria Schiavon Dieguez Dr Eckart Windhagen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11080313 2024-12-31 11080313 2025-12-31 11080313 2025-01-01 2025-12-31 11080313 frs-core:CurrentFinancialInstruments 2025-12-31 11080313 frs-core:ComputerEquipment 2025-12-31 11080313 frs-core:ComputerEquipment 2025-01-01 2025-12-31 11080313 frs-core:ComputerEquipment 2024-12-31 11080313 frs-core:WithinOneYear 2025-12-31 11080313 frs-core:SharePremium 2025-12-31 11080313 frs-core:ShareCapital 2025-12-31 11080313 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 11080313 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 11080313 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 11080313 frs-bus:SmallEntities 2025-01-01 2025-12-31 11080313 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 11080313 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 11080313 frs-bus:Director1 2025-01-01 2025-12-31 11080313 frs-bus:Director2 2025-01-01 2025-12-31 11080313 frs-bus:Director3 2025-01-01 2025-12-31 11080313 frs-bus:Director4 2025-01-01 2025-12-31 11080313 frs-bus:Director5 2025-01-01 2025-12-31 11080313 frs-bus:Director6 2025-01-01 2025-12-31 11080313 frs-countries:EnglandWales 2025-01-01 2025-12-31 11080313 2023-12-31 11080313 2024-12-31 11080313 2024-01-01 2024-12-31 11080313 frs-core:CurrentFinancialInstruments 2024-12-31 11080313 frs-core:WithinOneYear 2024-12-31 11080313 frs-core:SharePremium 2024-12-31 11080313 frs-core:ShareCapital 2024-12-31 11080313 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 11080313
Sifted (EU) Ltd
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: 11080313
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,858 11,053
7,858 11,053
CURRENT ASSETS
Debtors 5 954,838 965,289
Cash at bank and in hand 720,581 2,089,561
1,675,419 3,054,850
Creditors: Amounts Falling Due Within One Year 6 (1,845,941 ) (1,448,702 )
NET CURRENT ASSETS (LIABILITIES) (170,522 ) 1,606,148
TOTAL ASSETS LESS CURRENT LIABILITIES (162,664 ) 1,617,201
NET (LIABILITIES)/ASSETS (162,664 ) 1,617,201
CAPITAL AND RESERVES
Called up share capital 7 68 68
Share premium account 11,108,308 11,108,308
Profit and Loss Account (11,271,040 ) (9,491,175 )
SHAREHOLDERS' FUNDS (162,664) 1,617,201
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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
Ms Natasha Christie-Miller
Director
21/09/2026
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
Sifted (EU) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11080313 . The registered office is 20-22 Wenlock Road, London, N1 7GU.
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, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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.
2.4. 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 Straight line over 3 years
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
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. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 34 (2024: 47)
34 47
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2025 78,189
Additions 6,823
Disposals (2,202 )
As at 31 December 2025 82,810
Depreciation
As at 1 January 2025 67,136
Provided during the period 9,589
Disposals (1,773 )
As at 31 December 2025 74,952
Net Book Value
As at 31 December 2025 7,858
As at 1 January 2025 11,053
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 500,622 465,759
Prepayments and accrued income 454,216 496,932
Other taxes and social security - 2,598
954,838 965,289
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 186,727 78,938
Other taxes and social security 139,250 -
Other creditors 5,218 11,582
Accruals and deferred income 1,514,746 1,358,182
1,845,941 1,448,702
8. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 60,000 17,500
60,000 17,500
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9. Post Balance Sheet Events
After the year end, Sifted (EU) Ltd completed the acquisition of OnStage on 20 July 2026
10. Related Party Transactions
As at 31 December 2025, the director J Thornhill was owed £907 (2024: £907) by the company. The loan was interest free with no set repayment terms.
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