Acorah Software Products - Accounts Production 19.4.351 false true 31 May 2025 1 June 2024 false 1 June 2025 31 May 2026 31 May 2026 02827951 Mr J A Gough Ms S L Rigby K A Tomlin Mr L J Tomlin K A Tomlin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02827951 2025-05-31 02827951 2026-05-31 02827951 2025-06-01 2026-05-31 02827951 frs-core:CurrentFinancialInstruments 2026-05-31 02827951 frs-core:BetweenOneFiveYears 2026-05-31 02827951 frs-core:ComputerEquipment 2026-05-31 02827951 frs-core:ComputerEquipment 2025-06-01 2026-05-31 02827951 frs-core:ComputerEquipment 2025-05-31 02827951 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-06-01 2026-05-31 02827951 frs-core:FurnitureFittings 2026-05-31 02827951 frs-core:FurnitureFittings 2025-06-01 2026-05-31 02827951 frs-core:FurnitureFittings 2025-05-31 02827951 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2026-05-31 02827951 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-06-01 2026-05-31 02827951 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-05-31 02827951 frs-core:OtherResidualIntangibleAssets 2026-05-31 02827951 frs-core:OtherResidualIntangibleAssets 2025-05-31 02827951 frs-core:WithinOneYear 2026-05-31 02827951 frs-core:CapitalRedemptionReserve 2026-05-31 02827951 frs-core:ShareCapital 2026-05-31 02827951 frs-core:RetainedEarningsAccumulatedLosses 2026-05-31 02827951 frs-bus:PrivateLimitedCompanyLtd 2025-06-01 2026-05-31 02827951 frs-bus:FilletedAccounts 2025-06-01 2026-05-31 02827951 frs-bus:SmallEntities 2025-06-01 2026-05-31 02827951 frs-bus:AuditExempt-NoAccountantsReport 2025-06-01 2026-05-31 02827951 frs-bus:SmallCompaniesRegimeForAccounts 2025-06-01 2026-05-31 02827951 frs-bus:Director1 2025-06-01 2026-05-31 02827951 frs-bus:Director2 2025-06-01 2026-05-31 02827951 frs-bus:Director3 2025-06-01 2026-05-31 02827951 frs-bus:Director4 2025-06-01 2026-05-31 02827951 frs-bus:CompanySecretary1 2025-06-01 2026-05-31 02827951 frs-countries:EnglandWales 2025-06-01 2026-05-31 02827951 2024-05-31 02827951 2025-05-31 02827951 2024-06-01 2025-05-31 02827951 frs-core:CurrentFinancialInstruments 2025-05-31 02827951 frs-core:BetweenOneFiveYears 2025-05-31 02827951 frs-core:WithinOneYear 2025-05-31 02827951 frs-core:CapitalRedemptionReserve 2025-05-31 02827951 frs-core:ShareCapital 2025-05-31 02827951 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31
Registered number: 02827951
Q R S MARKET RESEARCH LIMITED
Unaudited Financial Statements
For The Year Ended 31 May 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 02827951
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 26,690 30,328
26,690 30,328
CURRENT ASSETS
Debtors 6 333,141 628,808
Cash at bank and in hand 1,035,932 676,798
1,369,073 1,305,606
Creditors: Amounts Falling Due Within One Year 7 (662,861 ) (656,165 )
NET CURRENT ASSETS (LIABILITIES) 706,212 649,441
TOTAL ASSETS LESS CURRENT LIABILITIES 732,902 679,769
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,748 ) (5,337 )
NET ASSETS 727,154 674,432
CAPITAL AND RESERVES
Called up share capital 9 600 600
Capital redemption reserve 438 438
Profit and Loss Account 726,116 673,394
SHAREHOLDERS' FUNDS 727,154 674,432
Page 1
Page 2
For the year ending 31 May 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
Ms S L Rigby
Director
Mr L J Tomlin
Director
5th October 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Q R S MARKET RESEARCH LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 02827951 . The registered office is Part Ground Floor, Unit C2, The Chase, Foxholes Business Park, John Tate Road, Hertford, Hertfordshire, SG13 7NN.
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 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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets is the website design. It is amortised to the profit and loss account over its estimated economic life of 4 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 20% on cost
Fixtures & Fittings 20% on reducing balance
Computer Equipment 25% on cost
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.
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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. 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 160 (2025: 145)
160 145
4. Intangible Assets
Other
£
Cost
As at 1 June 2025 8,160
As at 31 May 2026 8,160
Amortisation
As at 1 June 2025 8,160
As at 31 May 2026 8,160
...CONTINUED
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Net Book Value
As at 31 May 2026 -
As at 1 June 2025 -
5. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 June 2025 35,026 44,261 48,909 128,196
Additions - 633 10,648 11,281
As at 31 May 2026 35,026 44,894 59,557 139,477
Depreciation
As at 1 June 2025 23,615 38,054 36,199 97,868
Provided during the period 6,479 1,294 7,146 14,919
As at 31 May 2026 30,094 39,348 43,345 112,787
Net Book Value
As at 31 May 2026 4,932 5,546 16,212 26,690
As at 1 June 2025 11,411 6,207 12,710 30,328
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 259,937 523,115
Other debtors 73,204 105,693
333,141 628,808
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 41,062 103,396
Other creditors 302,877 224,309
Taxation and social security 318,922 328,460
662,861 656,165
Page 5
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8. Secured Creditors
The bank has a fixed and floating charge over the company's assets.
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 600 600
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2026 2025
£ £
Not later than one year 36,089 47,714
Later than one year and not later than five years 2,125 38,214
38,214 85,928
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