Acorah Software Products - Accounts Production 19.4.351 false true false 21 January 2025 31 January 2026 31 January 2026 16198138 Mr Ravi Kumar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 16198138 2025-01-20 16198138 2026-01-31 16198138 2025-01-21 2026-01-31 16198138 frs-core:CurrentFinancialInstruments 2026-01-31 16198138 frs-core:Non-currentFinancialInstruments 2026-01-31 16198138 frs-core:BetweenOneFiveYears 2026-01-31 16198138 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-01-21 2026-01-31 16198138 frs-core:FurnitureFittings 2026-01-31 16198138 frs-core:FurnitureFittings 2025-01-21 2026-01-31 16198138 frs-core:FurnitureFittings 2025-01-20 16198138 frs-core:MotorVehicles 2026-01-31 16198138 frs-core:MotorVehicles 2025-01-21 2026-01-31 16198138 frs-core:MotorVehicles 2025-01-20 16198138 frs-core:OtherResidualIntangibleAssets 2026-01-31 16198138 frs-core:OtherResidualIntangibleAssets 2025-01-21 2026-01-31 16198138 frs-core:OtherResidualIntangibleAssets 2025-01-20 16198138 frs-core:PlantMachinery 2026-01-31 16198138 frs-core:PlantMachinery 2025-01-21 2026-01-31 16198138 frs-core:PlantMachinery 2025-01-20 16198138 frs-core:WithinOneYear 2026-01-31 16198138 frs-core:ShareCapital 2026-01-31 16198138 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 16198138 frs-bus:PrivateLimitedCompanyLtd 2025-01-21 2026-01-31 16198138 frs-bus:FilletedAccounts 2025-01-21 2026-01-31 16198138 frs-bus:SmallEntities 2025-01-21 2026-01-31 16198138 frs-bus:AuditExempt-NoAccountantsReport 2025-01-21 2026-01-31 16198138 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-21 2026-01-31 16198138 frs-bus:Director1 2025-01-21 2026-01-31 16198138 frs-bus:Director1 2025-01-20 16198138 frs-bus:Director1 2026-01-31 16198138 frs-countries:EnglandWales 2025-01-21 2026-01-31
Registered number: 16198138
Chelssea Limited
Unaudited Financial Statements
For the Period 21 January 2025 to 31 January 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 16198138
31 January 2026
Notes £ £
FIXED ASSETS
Intangible Assets 4 134,289
Tangible Assets 5 84,059
218,348
CURRENT ASSETS
Debtors 6 54,859
Cash at bank and in hand 909
55,768
Creditors: Amounts Falling Due Within One Year 7 (138,202 )
NET CURRENT ASSETS (LIABILITIES) (82,434 )
TOTAL ASSETS LESS CURRENT LIABILITIES 135,914
Creditors: Amounts Falling Due After More Than One Year 8 (184,979 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (15,971 )
NET LIABILITIES (65,036 )
CAPITAL AND RESERVES
Called up share capital 10 100
Profit and Loss Account (65,136 )
SHAREHOLDERS' FUNDS (65,036)
Page 1
Page 2
For the period 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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Ravi Kumar
Director
13/10/2026
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
Chelssea Limited is a private company, limited by shares, incorporated in England & Wales, registered number 16198138 . The registered office is 1 Agincourt Villas, Uxbridge Road, Uxbridge, UB10 0NX.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are franchise purchase. It is amortised to the profit and loss account over its estimated economic life of 20 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:
Plant & Machinery 20% reducing balance
Motor Vehicles 20% reducing balance
Fixtures & Fittings 20% reducing balance
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.
Page 3
Page 4
2.6. 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 period, 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 period was: 10
10
4. Intangible Assets
Other
£
Cost
As at 21 January 2025 -
Additions 141,357
As at 31 January 2026 141,357
Amortisation
As at 21 January 2025 -
Provided during the period 7,068
As at 31 January 2026 7,068
Net Book Value
As at 31 January 2026 134,289
As at 21 January 2025 -
Page 4
Page 5
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 21 January 2025 - - - -
Additions 5,915 97,905 1,254 105,074
As at 31 January 2026 5,915 97,905 1,254 105,074
Depreciation
As at 21 January 2025 - - - -
Provided during the period 1,183 19,581 251 21,015
As at 31 January 2026 1,183 19,581 251 21,015
Net Book Value
As at 31 January 2026 4,732 78,324 1,003 84,059
As at 21 January 2025 - - - -
6. Debtors
31 January 2026
£
Due within one year
Trade debtors 660
Other debtors 54,199
54,859
7. Creditors: Amounts Falling Due Within One Year
31 January 2026
£
Net obligations under finance lease and hire purchase contracts 21,316
Trade creditors 1
Bank loans and overdrafts 59,783
Other creditors 40,430
Taxation and social security 16,672
138,202
8. Creditors: Amounts Falling Due After More Than One Year
31 January 2026
£
Net obligations under finance lease and hire purchase contracts 49,529
Bank loans 135,450
184,979
Page 5
Page 6
9. Obligations Under Finance Leases and Hire Purchase
31 January 2026
£
The future minimum finance lease payments are as follows:
Not later than one year 21,316
Later than one year and not later than five years 49,529
70,845
70,845
10. Share Capital
31 January 2026
£
Allotted, Called up and fully paid 100
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans from directors:
As at 21 January 2025 Amounts advanced Amounts repaid Amounts written off As at 31 January 2026
£ £ £ £ £
Mr Ravi Kumar - 12,895 - - -
The above loan is unsecured, interest free and repayable on demand.
12. Related Party Transactions
At the balance sheet date other debtors include loans of £25,400 to companies under the common control of the director. These loans are interest free and repayable on demand.
Page 6