Acorah Software Products - Accounts Production 19.4.300 false true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 14186958 Mr Pau Nadeu Rabat iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14186958 2024-06-30 14186958 2025-06-30 14186958 2024-07-01 2025-06-30 14186958 frs-core:CurrentFinancialInstruments 2025-06-30 14186958 frs-core:PlantMachinery 2025-06-30 14186958 frs-core:PlantMachinery 2024-07-01 2025-06-30 14186958 frs-core:PlantMachinery 2024-06-30 14186958 frs-core:ShareCapital 2025-06-30 14186958 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 14186958 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 14186958 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 14186958 frs-bus:SmallEntities 2024-07-01 2025-06-30 14186958 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 14186958 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 14186958 frs-bus:Director1 2024-07-01 2025-06-30 14186958 frs-countries:EnglandWales 2024-07-01 2025-06-30 14186958 2023-06-30 14186958 2024-06-30 14186958 2023-07-01 2024-06-30 14186958 frs-core:CurrentFinancialInstruments 2024-06-30 14186958 frs-core:ShareCapital 2024-06-30 14186958 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: 14186958
NEAR IP LTD
Unaudited Financial Statements
For The Year Ended 30 June 2025
Aster & Trujillo
3-7 Temple Avenue
Suite 140 Temple Chambers
London
EC4Y 0DA
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14186958
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 13,165 19,748
13,165 19,748
CURRENT ASSETS
Debtors 5 94,335 89,202
Cash at bank and in hand 15,776 975
110,111 90,177
Creditors: Amounts Falling Due Within One Year 6 (59,856 ) (49,574 )
NET CURRENT ASSETS (LIABILITIES) 50,255 40,603
TOTAL ASSETS LESS CURRENT LIABILITIES 63,420 60,351
NET ASSETS 63,420 60,351
CAPITAL AND RESERVES
Called up share capital 7 10,000 10,000
Profit and Loss Account 53,420 50,351
SHAREHOLDERS' FUNDS 63,420 60,351
For the year ending 30 June 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 Profit and Loss Account.
On behalf of the board
Mr Pau Nadeu Rabat
Director
01/09/2026
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
NEAR IP LTD is a private company, limited by shares, incorporated in England & Wales, registered number 14186958 . The registered office is 20-22 , Wenlock Road, London, England, 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. 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 20%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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 July 2024 32,913
As at 30 June 2025 32,913
Depreciation
As at 1 July 2024 13,165
Provided during the period 6,583
As at 30 June 2025 19,748
...CONTINUED
Page 2
Page 3
Net Book Value
As at 30 June 2025 13,165
As at 1 July 2024 19,748
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 71,327 74,844
Amounts owed by group undertakings 23,008 14,358
94,335 89,202
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 25,428 11,087
Bank loans and overdrafts - 1,223
Amounts owed to group undertakings 18,400 21,551
Other creditors 1,497 848
Taxation and social security 14,531 14,865
59,856 49,574
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10,000 10,000
Page 3