Acorah Software Products - Accounts Production 19.2.450 false true 30 April 2025 1 May 2024 false 1 May 2025 30 April 2026 30 April 2026 10145797 Ms Michelle Lloyd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10145797 2025-04-30 10145797 2026-04-30 10145797 2025-05-01 2026-04-30 10145797 frs-core:CurrentFinancialInstruments 2026-04-30 10145797 frs-core:BetweenOneFiveYears 2026-04-30 10145797 frs-core:ComputerEquipment 2026-04-30 10145797 frs-core:ComputerEquipment 2025-05-01 2026-04-30 10145797 frs-core:ComputerEquipment 2025-04-30 10145797 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-05-01 2026-04-30 10145797 frs-core:FurnitureFittings 2026-04-30 10145797 frs-core:FurnitureFittings 2025-05-01 2026-04-30 10145797 frs-core:FurnitureFittings 2025-04-30 10145797 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2026-04-30 10145797 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-05-01 2026-04-30 10145797 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-04-30 10145797 frs-core:OtherResidualIntangibleAssets 2026-04-30 10145797 frs-core:OtherResidualIntangibleAssets 2025-05-01 2026-04-30 10145797 frs-core:OtherResidualIntangibleAssets 2025-04-30 10145797 frs-core:WithinOneYear 2026-04-30 10145797 frs-core:ShareCapital 2026-04-30 10145797 frs-core:RetainedEarningsAccumulatedLosses 2026-04-30 10145797 frs-bus:PrivateLimitedCompanyLtd 2025-05-01 2026-04-30 10145797 frs-bus:FilletedAccounts 2025-05-01 2026-04-30 10145797 frs-bus:SmallEntities 2025-05-01 2026-04-30 10145797 frs-bus:AuditExempt-NoAccountantsReport 2025-05-01 2026-04-30 10145797 frs-bus:SmallCompaniesRegimeForAccounts 2025-05-01 2026-04-30 10145797 frs-bus:Director1 2025-05-01 2026-04-30 10145797 frs-countries:EnglandWales 2025-05-01 2026-04-30 10145797 2024-04-30 10145797 2025-04-30 10145797 2024-05-01 2025-04-30 10145797 frs-core:CurrentFinancialInstruments 2025-04-30 10145797 frs-core:BetweenOneFiveYears 2025-04-30 10145797 frs-core:WithinOneYear 2025-04-30 10145797 frs-core:ShareCapital 2025-04-30 10145797 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30
Registered number: 10145797
United ArtSpace Limited
Unaudited Financial Statements
For The Year Ended 30 April 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 10145797
2026 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 313 -
Tangible Assets 5 3,801 9,103
4,114 9,103
CURRENT ASSETS
Debtors 6 22,490 20,739
Cash at bank and in hand 12,242 9,448
34,732 30,187
Creditors: Amounts Falling Due Within One Year 7 (38,239 ) (37,068 )
NET CURRENT ASSETS (LIABILITIES) (3,507 ) (6,881 )
TOTAL ASSETS LESS CURRENT LIABILITIES 607 2,222
PROVISIONS FOR LIABILITIES
Deferred Taxation (78 ) (1,065 )
NET ASSETS 529 1,157
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 429 1,057
SHAREHOLDERS' FUNDS 529 1,157
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Page 2
For the year ending 30 April 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 Profit and Loss Account.
On behalf of the board
Ms Michelle Lloyd
Director
14 October 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
United ArtSpace Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10145797 . The registered office is C/O Sempar, Office 2.026, Innovation Centre 7, Keele University, Keele, Staffordshire, ST5 5NU.
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.
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 asset includes trademark and website development. They are amortised to profit and loss account over their estimated economic life of 3 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:
Leasehold 33% on cost
Fixtures & Fittings 25% reducing balance
Computer Equipment 33% on cost
2.5. 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.
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 year 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.
...CONTINUED
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2.6. Taxation - continued
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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2026 2025
Office and administration 1 2
1 2
4. Intangible Assets
Other
£
Cost
As at 1 May 2025 3,580
Additions 470
As at 30 April 2026 4,050
Amortisation
As at 1 May 2025 3,580
Provided during the period 157
As at 30 April 2026 3,737
Net Book Value
As at 30 April 2026 313
As at 1 May 2025 -
5. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2025 11,411 10,219 9,766 31,396
As at 30 April 2026 11,411 10,219 9,766 31,396
...CONTINUED
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Page 5
Depreciation
As at 1 May 2025 7,608 5,613 9,072 22,293
Provided during the period 3,803 1,152 347 5,302
As at 30 April 2026 11,411 6,765 9,419 27,595
Net Book Value
As at 30 April 2026 - 3,454 347 3,801
As at 1 May 2025 3,803 4,606 694 9,103
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 2,113 2,234
Prepayments and accrued income 280 358
Other taxes and social security - 787
Director's loan account 20,097 17,360
22,490 20,739
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 1,862 2,958
Other loans - 7,000
Corporation tax 6,330 4,701
Other taxes and social security 30 -
VAT 2,577 5,896
Other creditors 3,311 121
Accruals and deferred income 24,129 16,392
38,239 37,068
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2026 2025
£ £
Not later than one year 5,133 5,133
Later than one year and not later than five years 856 5,989
5,989 11,122
10. Directors Advances, Credits and Guarantees
Page 5
Page 6
Included within Debtors is a loan to the director of £20,097 (2025: £17,360). This loan is unsecured and repayable on demand. Interest has been charged at 3.75%
Dividends paid to the director in the year were £23,000 (2025: £26,000) 
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