Acorah Software Products - Accounts Production 19.4.351 false true 31 January 2025 1 February 2024 false 1 February 2025 31 January 2026 31 January 2026 13120247 Bianca Cefalo iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13120247 2025-01-31 13120247 2026-01-31 13120247 2025-02-01 2026-01-31 13120247 frs-core:CurrentFinancialInstruments 2026-01-31 13120247 frs-core:Non-currentFinancialInstruments 2026-01-31 13120247 frs-core:ComputerEquipment 2026-01-31 13120247 frs-core:ComputerEquipment 2025-02-01 2026-01-31 13120247 frs-core:ComputerEquipment 2025-01-31 13120247 frs-core:FurnitureFittings 2026-01-31 13120247 frs-core:FurnitureFittings 2025-02-01 2026-01-31 13120247 frs-core:FurnitureFittings 2025-01-31 13120247 frs-core:PlantMachinery 2026-01-31 13120247 frs-core:PlantMachinery 2025-02-01 2026-01-31 13120247 frs-core:PlantMachinery 2025-01-31 13120247 frs-core:OtherReservesSubtotal 2026-01-31 13120247 frs-core:SharePremium 2026-01-31 13120247 frs-core:ShareCapital 2026-01-31 13120247 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 13120247 frs-bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 13120247 frs-bus:FilletedAccounts 2025-02-01 2026-01-31 13120247 frs-bus:SmallEntities 2025-02-01 2026-01-31 13120247 frs-bus:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 13120247 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 13120247 frs-bus:Director1 2025-02-01 2026-01-31 13120247 frs-countries:EnglandWales 2025-02-01 2026-01-31 13120247 2024-01-31 13120247 2025-01-31 13120247 2024-02-01 2025-01-31 13120247 frs-core:CurrentFinancialInstruments 2025-01-31 13120247 frs-core:Non-currentFinancialInstruments 2025-01-31 13120247 frs-core:OtherReservesSubtotal 2025-01-31 13120247 frs-core:SharePremium 2025-01-31 13120247 frs-core:ShareCapital 2025-01-31 13120247 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31
Registered number: 13120247
Space Dimensionally Optimized Technology Satellites Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2026
Thriveworks Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13120247
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 34,094 26,030
34,094 26,030
CURRENT ASSETS
Debtors 5 120,076 22,610
Cash at bank and in hand 15,906 164,013
135,982 186,623
Creditors: Amounts Falling Due Within One Year 6 (58,144 ) (64,491 )
NET CURRENT ASSETS (LIABILITIES) 77,838 122,132
TOTAL ASSETS LESS CURRENT LIABILITIES 111,932 148,162
Creditors: Amounts Falling Due After More Than One Year 7 (1,300,046 ) (948,594 )
NET LIABILITIES (1,188,114 ) (800,432 )
CAPITAL AND RESERVES
Called up share capital 8 161 160
Share premium account 137,498 48,478
Other reserves 403,600 403,600
Profit and Loss Account (1,729,373 ) (1,252,670 )
SHAREHOLDERS' FUNDS (1,188,114) (800,432)
Page 1
Page 2
For the year ending 31 January 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
Bianca Cefalo
Director
07/10/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Space Dimensionally Optimized Technology Satellites Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13120247 . The registered office is C/O Virtual Company Secretary Ltd, 7 York Road, Woking, Surrey, GU22 7XH.
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. 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%
Fixtures & Fittings 20%
Computer Equipment 25%
2.3. 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.
2.4. 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 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: 5 (2025: 9)
5 9
Page 3
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2025 12,699 8,903 18,074 39,676
Additions 8,350 8,474 2,377 19,201
Disposals - (8,519 ) (7,052 ) (15,571 )
As at 31 January 2026 21,049 8,858 13,399 43,306
Depreciation
As at 1 February 2025 2,295 2,711 8,640 13,646
Provided during the period 1,270 428 1,669 3,367
Disposals - (2,970 ) (4,831 ) (7,801 )
As at 31 January 2026 3,565 169 5,478 9,212
Net Book Value
As at 31 January 2026 17,484 8,689 7,921 34,094
As at 1 February 2025 10,404 6,192 9,434 26,030
5. Debtors
2026 2025
£ £
Due within one year
Prepayments and accrued income 76,902 14,408
Other debtors 1,000 5,858
VAT 15,894 2,344
93,796 22,610
Due after more than one year
Other debtors 26,280 -
120,076 22,610
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 26,395 513
Other taxes and social security 17,416 11,986
Other creditors 2,479 3,695
Accruals and deferred income 4,000 -
Directors' loan accounts 7,854 26,852
Amounts owed to group undertakings - 21,445
58,144 64,491
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7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Amounts owed to participating interests 1,300,046 948,594
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 161 160
Page 5