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 09349818 Mr Rhys Morosco iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09349818 2024-12-31 09349818 2025-12-31 09349818 2025-01-01 2025-12-31 09349818 frs-core:CurrentFinancialInstruments 2025-12-31 09349818 frs-core:BetweenOneFiveYears 2025-12-31 09349818 frs-core:ComputerEquipment 2025-12-31 09349818 frs-core:ComputerEquipment 2025-01-01 2025-12-31 09349818 frs-core:ComputerEquipment 2024-12-31 09349818 frs-core:FurnitureFittings 2025-12-31 09349818 frs-core:FurnitureFittings 2025-01-01 2025-12-31 09349818 frs-core:FurnitureFittings 2024-12-31 09349818 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-01-01 2025-12-31 09349818 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-12-31 09349818 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 09349818 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 09349818 frs-core:WithinOneYear 2025-12-31 09349818 frs-core:ShareCapital 2025-12-31 09349818 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 09349818 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 09349818 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 09349818 frs-bus:SmallEntities 2025-01-01 2025-12-31 09349818 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 09349818 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 09349818 frs-bus:Director1 2025-01-01 2025-12-31 09349818 frs-countries:EnglandWales 2025-01-01 2025-12-31 09349818 2023-12-31 09349818 2024-12-31 09349818 2024-01-01 2024-12-31 09349818 frs-core:CurrentFinancialInstruments 2024-12-31 09349818 frs-core:BetweenOneFiveYears 2024-12-31 09349818 frs-core:WithinOneYear 2024-12-31 09349818 frs-core:ShareCapital 2024-12-31 09349818 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 09349818
Nationserv Ltd
Financial Statements
For The Year Ended 31 December 2025
Affinity Associates (AU) Limited
Suite A, 1st Floor, Unit 1
Eurogate Business Park,
Ashford
Kent
TN24 8XW
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 09349818
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 9,659
- 9,659
CURRENT ASSETS
Debtors 5 2,181,047 2,059,599
Cash at bank and in hand 62,912 46,420
2,243,959 2,106,019
Creditors: Amounts Falling Due Within One Year 6 (1,181,308 ) (1,120,432 )
NET CURRENT ASSETS (LIABILITIES) 1,062,651 985,587
TOTAL ASSETS LESS CURRENT LIABILITIES 1,062,651 995,246
NET ASSETS 1,062,651 995,246
CAPITAL AND RESERVES
Called up share capital 7 300 300
Income Statement 1,062,351 994,946
SHAREHOLDERS' FUNDS 1,062,651 995,246
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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 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 Income Statement.
On behalf of the board
Mr Rhys Morosco
Director
24 July 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
Nationserv Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09349818 . The registered office is 3-4 Marymead Workshop , Willows Link, Stevenage, Hertsfordshire, SG2 8AB.
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.
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:
Freehold 10 years
Leasehold 10 years
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% straight line
2.4. 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 21 (2024: 16)
21 16
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4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2025 17,485 245 1,565 19,295
Disposals (17,485 ) (245 ) (1,565 ) (19,295 )
As at 31 December 2025 - - - -
Depreciation
As at 1 January 2025 7,846 225 1,565 9,636
Disposals (7,846 ) (225 ) (1,565 ) (9,636 )
As at 31 December 2025 - - - -
Net Book Value
As at 31 December 2025 - - - -
As at 1 January 2025 9,639 20 - 9,659
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,335,972 1,206,112
Amounts recoverable on contracts 826,369 829,644
Amounts owed by participating interests 8,500 9,000
Other debtors 10,206 14,843
2,181,047 2,059,599
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 87,649 137,002
Amounts owed to participating interests 4,000 -
Other creditors 710,751 574,209
Taxation and social security 378,908 409,221
1,181,308 1,120,432
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 300 300
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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 121,322 211,176
Later than one year and not later than five years 95,240 105,588
216,562 316,764
9. Related Party Transactions
During the year, the company incurred costs of £144,560 for services provided by Altius Technical Solutions Limited, a related party by virtue of Mr R Morosco being a common director. At the year end, the company had an outstanding payable balance of £4,000 due to Altius Technical Solutions Limited (2024: £5,000 receivable).
The company also entered into transactions during the year with LER Claims Contractors Limited, which is also a related party through Mr R Morosco being a common director. At the year end, the company had an outstanding payable balance of £8,500 due to LER Claims Contractors Limited (2024: £4,000 receivable).
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