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 05691428 Mr Matthew Hoare Mr John Hoare Mr John Hoare iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05691428 2025-01-31 05691428 2026-01-31 05691428 2025-02-01 2026-01-31 05691428 frs-core:CurrentFinancialInstruments 2026-01-31 05691428 frs-core:Non-currentFinancialInstruments 2026-01-31 05691428 frs-core:FurnitureFittings 2026-01-31 05691428 frs-core:FurnitureFittings 2025-02-01 2026-01-31 05691428 frs-core:FurnitureFittings 2025-01-31 05691428 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2026-01-31 05691428 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-02-01 2026-01-31 05691428 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-31 05691428 frs-core:PlantMachinery 2026-01-31 05691428 frs-core:PlantMachinery 2025-02-01 2026-01-31 05691428 frs-core:PlantMachinery 2025-01-31 05691428 frs-core:SharePremium 2026-01-31 05691428 frs-core:ShareCapital 2026-01-31 05691428 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 05691428 frs-bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 05691428 frs-bus:FilletedAccounts 2025-02-01 2026-01-31 05691428 frs-bus:SmallEntities 2025-02-01 2026-01-31 05691428 frs-bus:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 05691428 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 05691428 frs-core:DeferredTaxation 2025-02-01 2026-01-31 05691428 frs-core:DeferredTaxation 2025-01-31 05691428 frs-core:DeferredTaxation 2026-01-31 05691428 frs-bus:Director1 2025-02-01 2026-01-31 05691428 frs-bus:Director2 2025-02-01 2026-01-31 05691428 frs-bus:CompanySecretary1 2025-02-01 2026-01-31 05691428 frs-core:CurrentFinancialInstruments 2 2026-01-31 05691428 frs-countries:EnglandWales 2025-02-01 2026-01-31 05691428 2024-01-31 05691428 2025-01-31 05691428 2024-02-01 2025-01-31 05691428 frs-core:CurrentFinancialInstruments 2025-01-31 05691428 frs-core:Non-currentFinancialInstruments 2025-01-31 05691428 frs-core:SharePremium 2025-01-31 05691428 frs-core:ShareCapital 2025-01-31 05691428 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 05691428 frs-core:CurrentFinancialInstruments 2 2025-01-31
Registered number: 05691428
Effaux Securities Limited
Unaudited Financial Statements
For The Year Ended 31 January 2026
Dawes Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05691428
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,888,606 720,211
1,888,606 720,211
CURRENT ASSETS
Debtors 5 128 7,508
Cash at bank and in hand 61,449 51,726
61,577 59,234
Creditors: Amounts Falling Due Within One Year 6 (362,091 ) (344,438 )
NET CURRENT ASSETS (LIABILITIES) (300,514 ) (285,204 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,588,092 435,007
Creditors: Amounts Falling Due After More Than One Year 7 (125,205 ) (119,732 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (159 ) (629 )
NET ASSETS 1,462,728 314,646
CAPITAL AND RESERVES
Called up share capital 9 210 2
Share premium account 1,149,890 -
Profit and Loss Account 312,628 314,644
SHAREHOLDERS' FUNDS 1,462,728 314,646
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
Mr Matthew Hoare
Director
08/10/2026
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
Effaux Securities Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05691428 . The registered office is 100 Queen Street, Newton Abbot, Devon, TQ12 2EU.
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.
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 no depreciation being applied
Plant & Machinery 25% Reducing Balance
Fixtures & Fittings 20% Reducing Balance
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.
2.5. Loan from associated company
A loan has been provided by Abbot Commercials Limited of £207,365 plus an additional loan of £37,500 during the year, repaid to a current balance of £143,792.03 as at 31st January 2026. A company in which Mr Matthew Hoare is director and majority shareholder. The loan and interest is repayable on demand. 
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 February 2025 716,897 2,522 12,583 732,002
Additions 1,169,139 - - 1,169,139
As at 31 January 2026 1,886,036 2,522 12,583 1,901,141
Depreciation
As at 1 February 2025 - 897 10,894 11,791
Provided during the period - 406 338 744
As at 31 January 2026 - 1,303 11,232 12,535
Net Book Value
As at 31 January 2026 1,886,036 1,219 1,351 1,888,606
As at 1 February 2025 716,897 1,625 1,689 720,211
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors (1 ) 1
Prepayments and accrued income 129 -
VAT - 7,507
128 7,508
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 34 33,207
Other loans 18,587 18,879
Corporation tax 6,508 -
VAT 3,577 -
Other creditors 917 917
Credit Card Liability 615 3,746
Accruals and deferred income 15,962 4,592
Directors' loan accounts 315,891 283,097
362,091 344,438
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Other loans 125,205 119,732
Page 4
Page 5
8. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 February 2025 629 629
Deferred taxation (470 ) (470 )
Balance at 31 January 2026 159 159
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 210 2
10. Directors Advances, Credits and Guarantees
Dividends paid to directors
2026 2025
£ £
Mr John Hoare 15,946 -
Mr Matthew Hoare 15,946 -
11. Related Party Transactions
Matthew HoareDirector and majority shareholder of Abbot Commercials LimitedLoan outstanding to Abbot Commercials Limited of £143,792

Matthew Hoare

Director and majority shareholder of Abbot Commercials Limited

Loan outstanding to Abbot Commercials Limited of £143,792

Abbot Lettings PartnershipPartnership run by Matthew and John HoareAbbot letting have sold the partnership business, including all assets and liabilities with the exception of cash, as a going concern to Effaux Securities in exchange for shares. 110 consideration shares issue to the partnership. The full value of the business transferred was £1,150,000, the share premium relating to this transaction is £10,453.55 per share.

Abbot Lettings Partnership

Partnership run by Matthew and John Hoare

Abbot letting have sold the partnership business, including all assets and liabilities with the exception of cash, as a going concern to Effaux Securities in exchange for shares. 110 consideration shares issue to the partnership. The full value of the business transferred was £1,150,000, the share premium relating to this transaction is £10,453.55 per share.

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