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 04533078 Mr Alistair Williamson Mr Andrew Hodgin Mr Carl Stone Mr Alistair Williamson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04533078 2025-03-31 04533078 2026-03-31 04533078 2025-04-01 2026-03-31 04533078 frs-core:CurrentFinancialInstruments 2026-03-31 04533078 frs-core:ComputerEquipment 2026-03-31 04533078 frs-core:ComputerEquipment 2025-04-01 2026-03-31 04533078 frs-core:ComputerEquipment 2025-03-31 04533078 frs-core:PlantMachinery 2026-03-31 04533078 frs-core:PlantMachinery 2025-04-01 2026-03-31 04533078 frs-core:PlantMachinery 2025-03-31 04533078 frs-core:ShareCapital 2026-03-31 04533078 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 04533078 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 04533078 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 04533078 frs-bus:SmallEntities 2025-04-01 2026-03-31 04533078 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 04533078 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 04533078 frs-core:UnlistedNon-exchangeTraded 2026-03-31 04533078 frs-core:UnlistedNon-exchangeTraded 2025-03-31 04533078 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 04533078 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2026-03-31 04533078 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2026-03-31 04533078 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 04533078 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2026-03-31 04533078 frs-bus:Director1 2025-04-01 2026-03-31 04533078 frs-bus:Director2 2025-04-01 2026-03-31 04533078 frs-bus:Director3 2025-04-01 2026-03-31 04533078 frs-bus:CompanySecretary1 2025-04-01 2026-03-31 04533078 frs-countries:EnglandWales 2025-04-01 2026-03-31 04533078 2024-03-31 04533078 2025-03-31 04533078 2024-04-01 2025-03-31 04533078 frs-core:CurrentFinancialInstruments 2025-03-31 04533078 frs-core:ShareCapital 2025-03-31 04533078 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 04533078
Lucid Group Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
BWP Inspire Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04533078
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 79,841 107,645
Investments 5 32 -
79,873 107,645
CURRENT ASSETS
Debtors 6 206,658 162,133
Cash at bank and in hand 115,594 85,292
322,252 247,425
Creditors: Amounts Falling Due Within One Year 7 (118,225 ) (73,319 )
NET CURRENT ASSETS (LIABILITIES) 204,027 174,106
TOTAL ASSETS LESS CURRENT LIABILITIES 283,900 281,751
NET ASSETS 283,900 281,751
CAPITAL AND RESERVES
Called up share capital 8 7 7
Profit and Loss Account 283,893 281,744
SHAREHOLDERS' FUNDS 283,900 281,751
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 Alistair Williamson
Director
14/10/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Lucid Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04533078 . The registered office is Unit 3, Enterprise House, Manchester Science Park, Manchester, England, M15 6SE.
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 25% Reducing Balance
Computer Equipment 33% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2025: 11)
10 11
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 April 2025 367,617 44,024 411,641
Additions 303 - 303
As at 31 March 2026 367,920 44,024 411,944
Depreciation
As at 1 April 2025 267,425 36,571 303,996
Provided during the period 25,117 2,990 28,107
As at 31 March 2026 292,542 39,561 332,103
Net Book Value
As at 31 March 2026 75,378 4,463 79,841
As at 1 April 2025 100,192 7,453 107,645
Page 3
Page 4
5. Investments
Unlisted
£
Cost
As at 1 April 2025 -
Additions 32
As at 31 March 2026 32
Provision
As at 1 April 2025 -
As at 31 March 2026 -
Net Book Value
As at 31 March 2026 32
As at 1 April 2025 -
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 173,032 150,219
Prepayments and accrued income 33,180 11,468
Other taxes and social security 446 446
206,658 162,133
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 32,408 18,704
Bank loans and overdrafts 18,076 -
VAT 67,331 49,207
Other creditors 169 310
Accrued expenses 209 5,098
Amounts owed to group undertakings 32 -
118,225 73,319
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 7 7
Page 4