Acorah Software Products - Accounts Production 19.2.350 false true true 31 December 2024 1 January 2024 false 19 October 2026 1 January 2025 31 December 2025 31 December 2025 01662374 Mr Carl De Lange Ms Patricia Ortlepp true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01662374 2024-12-31 01662374 2025-12-31 01662374 2025-01-01 2025-12-31 01662374 frs-core:CurrentFinancialInstruments 2025-12-31 01662374 frs-core:FurnitureFittings 2025-12-31 01662374 frs-core:FurnitureFittings 2025-01-01 2025-12-31 01662374 frs-core:FurnitureFittings 2024-12-31 01662374 frs-core:SharePremium 2025-12-31 01662374 frs-core:ShareCapital 2025-12-31 01662374 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 01662374 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 01662374 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 01662374 frs-bus:SmallEntities 2025-01-01 2025-12-31 01662374 frs-bus:Audited 2025-01-01 2025-12-31 01662374 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 01662374 1 2025-01-01 2025-12-31 01662374 frs-bus:Director1 2025-01-01 2025-12-31 01662374 frs-bus:Director2 2025-01-01 2025-12-31 01662374 frs-countries:EnglandWales 2025-01-01 2025-12-31 01662374 2023-12-31 01662374 2024-12-31 01662374 2024-01-01 2024-12-31 01662374 frs-core:CurrentFinancialInstruments 2024-12-31 01662374 frs-core:SharePremium 2024-12-31 01662374 frs-core:ShareCapital 2024-12-31 01662374 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 01662374
Quipsound Limited
Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Company Information 1
Balance Sheet 2
Notes to the Financial Statements 3—5
Page 1
Company Information
Directors Mr Carl De Lange
Ms Patricia Ortlepp
Company Number 01662374
Registered Office 1st Floor, Omni House
252 Belsize Road
London
NW6 4BT
Accountants Town & Forest
Chartered Accountants & Statutory Auditors
First Floor, New Barnes Mill
Cottonmill Lane
St Albans
AL1 2HA
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Balance Sheet
Registered number: 01662374
2025 2024
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 57,506 94,378
Cash at bank and in hand 312,498 276,362
370,004 370,740
Creditors: Amounts Falling Due Within One Year 6 (479,319 ) (523,608 )
NET CURRENT ASSETS (LIABILITIES) (109,315 ) (152,868 )
TOTAL ASSETS LESS CURRENT LIABILITIES (109,315 ) (152,868 )
NET LIABILITIES (109,315 ) (152,868 )
CAPITAL AND RESERVES
Called up share capital 100 100
Share premium account 4,506 4,506
Profit and Loss Account (113,921 ) (157,474 )
SHAREHOLDERS' FUNDS (109,315) (152,868)
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 Carl De Lange
Director
2 October 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Quipsound Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01662374 . The registered office is 1st Floor, Omni House, 252 Belsize Road, London, NW6 4BT.

2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The presentation currency of the financial statements is the Pound Sterling (£).

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
2.2. Going Concern Disclosure
At 31 December 2025, the balance sheet showed net current liabilities and a net deficit of £109,315 (2024 - £152,868). The parent company has given an undertaking to financially support the company for at least 12 months from the date of signature on the balance sheet. The situation will be reviewed after this time. On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.
2.3. Turnover
Turnover is measured at the fair value of the consideration received, excluding discounts, rebates, value added tax and other sales taxes. Turnover is recognised as the service is provided.
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:
Fixtures & Fittings 25% on cost
Assets included in Fixtures & Fittings are fully depreciated.
2.5. Financial Instruments
Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the financial instrument.
Cash and cash equivalents
These comprise cash at bank.
Debtors
Debtors do not carry any interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the profit and loss account when there is objective evidence that the asset is impaired.
Trade creditors
Trade creditors are not interest bearing and are stated at their nominal value.
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.
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2.7. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the income statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax is recognised in respect of all timing difference that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in the tax assessments in periods different from those in which they are recognised in the financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.8. Trade Debtors
Trade debtors are carried at original net invoice amount less an estimate for doubtful debtors. Bad debts are written off when identified. Specific provisions are made against debts whose recovery is considered doubtful.
2.9. Provisions and Accruals
Provisions are recognised when there is a present legal or constructive obligation as a result of past events and the amount can be reliably estimated. Provisions are not recognised for future operating losses.
2.10. Operating leases
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.
3. Average Number of Employees
Average number of employees, including director, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 January 2025 38,791
As at 31 December 2025 38,791
Depreciation
As at 1 January 2025 38,791
As at 31 December 2025 38,791
Net Book Value
As at 31 December 2025 -
As at 1 January 2025 -
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5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 5,032 5,102
Prepayments and accrued income 49,025 55,640
Other debtors - 29,555
VAT - 632
Other taxes and social security 3,449 3,449
57,506 94,378
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 54,527 17,993
VAT 23,165 -
Other creditors - 7,692
Accruals and deferred income 7,186 14,784
Amounts owed to group undertakings 394,441 483,139
479,319 523,608
Amounts owed to group undertakings are unsecured, interest free, have no fixed date of repayment and are repayable on demand.
7. Secured Creditors
The bank has a registered charge over credit balances held in the Business Premium account securing against all monies due to or to become due from the company to Barclays Bank Plc on any account held.
8. Ultimate Controlling Party
The immediate parent undertaking is VAT IT Reclaim UK Holdings Limited, and the ultimate controlling party is Alain Esseiva.
9. Audit Information
The auditor's report on the accounts of Quipsound Limited for the year ended 31 December 2025, signed on 19 October 2026, was unqualified.
The auditor's report was signed by Zara Dunster FCA (Senior Statutory Auditor) for and on behalf of Town & Forest, Chartered Accountants & , Statutory Auditor.
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