Acorah Software Products - Accounts Production 19.4.351 false true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 10484397 Mr Joseph Chaney Mr Patrick Carey Mr Simon Purchase Mr Jack Carey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10484397 2025-03-31 10484397 2026-03-31 10484397 2025-04-01 2026-03-31 10484397 frs-core:CurrentFinancialInstruments 2026-03-31 10484397 frs-core:Non-currentFinancialInstruments 2026-03-31 10484397 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-04-01 2026-03-31 10484397 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2026-03-31 10484397 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-04-01 2026-03-31 10484397 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 10484397 frs-core:OtherResidualIntangibleAssets 2026-03-31 10484397 frs-core:OtherResidualIntangibleAssets 2025-04-01 2026-03-31 10484397 frs-core:OtherResidualIntangibleAssets 2025-03-31 10484397 frs-core:PlantMachinery 2026-03-31 10484397 frs-core:PlantMachinery 2025-04-01 2026-03-31 10484397 frs-core:PlantMachinery 2025-03-31 10484397 frs-core:WithinOneYear 2026-03-31 10484397 frs-core:CapitalRedemptionReserve 2026-03-31 10484397 frs-core:ShareCapital 2026-03-31 10484397 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 10484397 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 10484397 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 10484397 frs-bus:SmallEntities 2025-04-01 2026-03-31 10484397 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 10484397 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 10484397 frs-bus:Director1 2025-04-01 2026-03-31 10484397 frs-bus:Director2 2025-04-01 2026-03-31 10484397 frs-bus:Director3 2025-04-01 2026-03-31 10484397 frs-bus:Director4 2025-04-01 2026-03-31 10484397 frs-countries:EnglandWales 2025-04-01 2026-03-31 10484397 2024-03-31 10484397 2025-03-31 10484397 2024-04-01 2025-03-31 10484397 frs-core:CurrentFinancialInstruments 2025-03-31 10484397 frs-core:Non-currentFinancialInstruments 2025-03-31 10484397 frs-core:BetweenOneFiveYears 2025-03-31 10484397 frs-core:PlantMachinery 2024-04-01 2025-03-31 10484397 frs-core:WithinOneYear 2025-03-31 10484397 frs-core:CapitalRedemptionReserve 2025-03-31 10484397 frs-core:ShareCapital 2025-03-31 10484397 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 10484397
Forty Eight Point One Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 10484397
2026 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 24,984 30,111
Tangible Assets 5 35,155 51,611
60,139 81,722
CURRENT ASSETS
Stocks 205,435 130,418
Debtors 6 233,424 327,107
Cash at bank and in hand 17,788 12,125
456,647 469,650
Creditors: Amounts Falling Due Within One Year 7 (428,619 ) (462,693 )
NET CURRENT ASSETS (LIABILITIES) 28,028 6,957
TOTAL ASSETS LESS CURRENT LIABILITIES 88,167 88,679
Creditors: Amounts Falling Due After More Than One Year 8 (71,838 ) (72,595 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (15,007 ) (13,000 )
NET ASSETS 1,322 3,084
CAPITAL AND RESERVES
Called up share capital 80 80
Capital redemption reserve 20 20
Profit and Loss Account 1,222 2,984
SHAREHOLDERS' FUNDS 1,322 3,084
Page 1
Page 2
For the year ending 31 March 2026 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 Simon Purchase
Director
2 October 2026
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Forty Eight Point One Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10484397 . The registered office is 2 Charlotte Road, London, England, EC2A 3DH.
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 value added taxes. Turnover includes revenue earned from the provision of services and is recogonised at the point of invoice. If the provision of services spans the financial year end, it is measured by reviewing the actual services performed against the total services to be provided and is only recognised if it can be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets include Website Development and App Development. 
Website Developement is amortised to profit and loss account over its estimated economic life of 5 years. 
App Developement is amortised to profit and loss account over its estimated economic life of 8 years.
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:
Leasehold improvements 15% Strainght line
Plant and machinery 15%, 16.67% and 20% Straight line
Included within plant and machinery are assets held under a finance agreement with a net book value £6,069 and £13,072.
2.5. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. 
Assets acquired under hire purchase contracts are depreciated over their useful lives.
Assets acquired under finance leases are depreciated over the shorter of the lease term and 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 profit and loss account as incurred.
Page 3
Page 4
2.6. Stocks and Work in Progress
Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. Financial Instruments
Debtors and creditors which are due within one year are recorded at transaction price, less any impairment. 
2.8. 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.
2.9. Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. 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.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account 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
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 asset reflects 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.
2.10. 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 10 (2025: 11)
10 11
Page 4
Page 5
4. Intangible Assets
Development Costs
£
Cost
As at 1 April 2025 49,012
As at 31 March 2026 49,012
Amortisation
As at 1 April 2025 18,901
Provided during the period 5,127
As at 31 March 2026 24,028
Net Book Value
As at 31 March 2026 24,984
As at 1 April 2025 30,111
5. Tangible Assets
Land & Property
Leasehold improvements Plant and machinery Total
£ £ £
Cost
As at 1 April 2025 4,295 127,650 131,945
Additions - 3,491 3,491
As at 31 March 2026 4,295 131,141 135,436
Depreciation
As at 1 April 2025 2,833 77,501 80,334
Provided during the period 644 19,303 19,947
As at 31 March 2026 3,477 96,804 100,281
Net Book Value
As at 31 March 2026 818 34,337 35,155
As at 1 April 2025 1,462 50,149 51,611
Page 5
Page 6
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2026 2025
£ £
Plant and machinery - 33,641
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 131,112 161,252
Other debtors 102,312 165,855
233,424 327,107
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 6,414 9,489
Trade creditors 47,530 64,906
Bank loans and overdrafts 46,278 60,422
Other creditors 32,403 81,520
Taxation and social security 295,994 246,356
428,619 462,693
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts - 6,454
Bank loans 71,838 66,141
71,838 72,595
Page 6
Page 7
9. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 6,414 9,489
Later than one year and not later than five years - 6,454
6,414 15,943
6,414 15,943
10. Directors Advances, Credits and Guarantees
Included within Debtors are loans made to directors. The balance at the year end was £53,108 (2025: £60,154)
The above loan is unsecured and repayable on demand. Interest has been charged at a rate of 3.75%. 
Page 7