Acorah Software Products - Accounts Production 19.4.351 false true true 31 March 2025 1 April 2024 false 1 April 2025 31 January 2026 31 January 2026 08683871 Dr U Madhav iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08683871 2025-03-31 08683871 2026-01-31 08683871 2025-04-01 2026-01-31 08683871 frs-core:CurrentFinancialInstruments 2026-01-31 08683871 frs-core:Non-currentFinancialInstruments 2026-01-31 08683871 frs-core:BetweenOneFiveYears 2026-01-31 08683871 frs-core:ComputerEquipment 2026-01-31 08683871 frs-core:ComputerEquipment 2025-04-01 2026-01-31 08683871 frs-core:ComputerEquipment 2025-03-31 08683871 frs-core:FurnitureFittings 2026-01-31 08683871 frs-core:FurnitureFittings 2025-04-01 2026-01-31 08683871 frs-core:FurnitureFittings 2025-03-31 08683871 frs-core:NetGoodwill 2026-01-31 08683871 frs-core:NetGoodwill 2025-04-01 2026-01-31 08683871 frs-core:NetGoodwill 2025-03-31 08683871 frs-core:WithinOneYear 2026-01-31 08683871 frs-core:ShareCapital 2026-01-31 08683871 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 08683871 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-01-31 08683871 frs-bus:FilletedAccounts 2025-04-01 2026-01-31 08683871 frs-bus:SmallEntities 2025-04-01 2026-01-31 08683871 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-01-31 08683871 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-01-31 08683871 frs-bus:Director1 2025-04-01 2026-01-31 08683871 frs-countries:EnglandWales 2025-04-01 2026-01-31 08683871 2024-03-31 08683871 2025-03-31 08683871 2024-04-01 2025-03-31 08683871 frs-core:CurrentFinancialInstruments 2025-03-31 08683871 frs-core:Non-currentFinancialInstruments 2025-03-31 08683871 frs-core:BetweenOneFiveYears 2025-03-31 08683871 frs-core:WithinOneYear 2025-03-31 08683871 frs-core:ShareCapital 2025-03-31 08683871 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08683871 frs-core:CurrentFinancialInstruments 7 2025-03-31
Registered number: 08683871
Smile Easy Limited
Unaudited Financial Statements
For the Period 1 April 2025 to 31 January 2026
Strategic Partnership
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—6
Page 1
Statement of Financial Position
Registered number: 08683871
31 January 2026 31 March 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 100,109 135,715
Tangible Assets 5 242,915 91,185
343,024 226,900
CURRENT ASSETS
Stocks 6 - 900
Debtors 7 192,363 300,897
Cash at bank and in hand 353,261 269,753
545,624 571,550
Creditors: Amounts Falling Due Within One Year 8 (80,350 ) (190,943 )
NET CURRENT ASSETS (LIABILITIES) 465,274 380,607
TOTAL ASSETS LESS CURRENT LIABILITIES 808,298 607,507
Creditors: Amounts Falling Due After More Than One Year 9 (256,605 ) (133,283 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (60,729 ) -
NET ASSETS 490,964 474,224
CAPITAL AND RESERVES
Called up share capital 11 100 100
Income Statement 490,864 474,124
SHAREHOLDERS' FUNDS 490,964 474,224
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 her 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 Income Statement.
On behalf of the board
Dr U Madhav
Director
17 October 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
Smile Easy Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08683871 . The registered office is 212 Bedford Road, Kempston, Bedford, MK42 8BL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements are prepared 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 financial statements have been prepared under the historical cost convention.
The financial statements are prepared in UK sterling, which is the financial currency of the entity. Monetary amounts in these financial statements are rounded to the nearest UK pound.
The principle accounting policies adopted are set below.
2.2. Going Concern Disclosure
The directors have considered the prospect of the business for the next twelve months and beyond and have arrived at a reasonable expectation the company will continue to meet its obligations as they fall due. The directors have also pledged their financial support to assist with this if required. On this basis, the directors will continue to adopt the going concern basis of accounting in preparing the financial statements.
2.3. 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.
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to income statement over its estimated economic life of 10 years.
2.5. 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 20% reducing balance
Computer Equipment 33.33% Straight Line
Tangible assets are initially recorded at cost and subsequently stated at cost less accumulated depreciation and impairment losses.
2.6. 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 income statement 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 income statement as incurred.
2.7. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
Page 3
Page 4
2.8. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares
2.9. 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 is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.
Deferred Tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.
2.10. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
2.11. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
2.12. Critical Accounting Judgements and Key Sources of Estimation Uncertainty
In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.
The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised.
The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:
Accrued Expenditure
The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers.These provisions are estimated based upon the expected values of the invoices which are issued and services received following the period end.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1 (2025: 1)
1 1
Page 4
Page 5
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2025 356,066
As at 31 January 2026 356,066
Amortisation
As at 1 April 2025 220,351
Provided during the period 35,606
As at 31 January 2026 255,957
Net Book Value
As at 31 January 2026 100,109
As at 1 April 2025 135,715
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2025 218,526 - 218,526
Additions 209,965 2,993 212,958
As at 31 January 2026 428,491 2,993 431,484
Depreciation
As at 1 April 2025 127,341 - 127,341
Provided during the period 60,230 998 61,228
As at 31 January 2026 187,571 998 188,569
Net Book Value
As at 31 January 2026 240,920 1,995 242,915
As at 1 April 2025 91,185 - 91,185
6. Stocks
31 January 2026 31 March 2025
£ £
Finished goods - 900
Page 5
Page 6
7. Debtors
31 January 2026 31 March 2025
£ £
Due within one year
Prepayments and accrued income - 136,176
Other debtors 5,000 25,000
Amounts owed by group undertakings 187,363 139,721
192,363 300,897
8. Creditors: Amounts Falling Due Within One Year
31 January 2026 31 March 2025
£ £
Net obligations under finance lease and hire purchase contracts 42,416 11,676
Trade creditors - 35,318
Bank loans and overdrafts 5,526 11,672
Corporation tax (16 ) 44,003
Other taxes and social security 1,136 -
Deferred Income - 34,760
Accruals and deferred income 4,498 4,500
Director's loan account 26,790 49,014
80,350 190,943
9. Creditors: Amounts Falling Due After More Than One Year
31 January 2026 31 March 2025
£ £
Net obligations under finance lease and hire purchase contracts 145,934 4,865
Bank loans 110,671 128,418
256,605 133,283
10. Obligations Under Finance Leases and Hire Purchase
31 January 2026 31 March 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 42,416 11,676
Later than one year and not later than five years 145,934 4,865
188,350 16,541
188,350 16,541
11. Share Capital
31 January 2026 31 March 2025
£ £
Allotted, Called up and fully paid 100 100
The nominal value per share is £1 and there are 100 Ordinary Shares in issue.
Page 6