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 09493901 Mr Matthew Gambold Mr David Spencer Mr Edward Sanford Mr Sean Hookins Mrs Jacquetta Jackson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09493901 2025-03-31 09493901 2026-03-31 09493901 2025-04-01 2026-03-31 09493901 frs-core:CurrentFinancialInstruments 2026-03-31 09493901 frs-core:Non-currentFinancialInstruments 2026-03-31 09493901 frs-core:BetweenOneFiveYears 2026-03-31 09493901 frs-core:ComputerEquipment 2026-03-31 09493901 frs-core:ComputerEquipment 2025-04-01 2026-03-31 09493901 frs-core:ComputerEquipment 2025-03-31 09493901 frs-core:FurnitureFittings 2026-03-31 09493901 frs-core:FurnitureFittings 2025-04-01 2026-03-31 09493901 frs-core:FurnitureFittings 2025-03-31 09493901 frs-core:PlantMachinery 2026-03-31 09493901 frs-core:PlantMachinery 2025-04-01 2026-03-31 09493901 frs-core:PlantMachinery 2025-03-31 09493901 frs-core:WithinOneYear 2026-03-31 09493901 frs-core:ShareCapital 2026-03-31 09493901 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 09493901 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 09493901 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 09493901 frs-bus:SmallEntities 2025-04-01 2026-03-31 09493901 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 09493901 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 09493901 frs-bus:Director1 2025-04-01 2026-03-31 09493901 frs-bus:Director2 2025-04-01 2026-03-31 09493901 frs-bus:Director3 2025-04-01 2026-03-31 09493901 frs-bus:Director4 2025-04-01 2026-03-31 09493901 frs-bus:Director5 2025-04-01 2026-03-31 09493901 frs-countries:EnglandWales 2025-04-01 2026-03-31 09493901 2024-03-31 09493901 2025-03-31 09493901 2024-04-01 2025-03-31 09493901 frs-core:CurrentFinancialInstruments 2025-03-31 09493901 frs-core:Non-currentFinancialInstruments 2025-03-31 09493901 frs-core:BetweenOneFiveYears 2025-03-31 09493901 frs-core:WithinOneYear 2025-03-31 09493901 frs-core:ShareCapital 2025-03-31 09493901 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 09493901
Chadsan Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09493901
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,526 9,886
7,526 9,886
CURRENT ASSETS
Debtors 5 326,449 390,942
Cash at bank and in hand 113,567 91,436
440,016 482,378
Creditors: Amounts Falling Due Within One Year 6 (244,278 ) (303,832 )
NET CURRENT ASSETS (LIABILITIES) 195,738 178,546
TOTAL ASSETS LESS CURRENT LIABILITIES 203,264 188,432
Creditors: Amounts Falling Due After More Than One Year 7 (92,629 ) (98,196 )
NET ASSETS 110,635 90,236
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 110,535 90,136
SHAREHOLDERS' FUNDS 110,635 90,236
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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 Sean Hookins
Director
26th October 2026
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Chadsan Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09493901 . The registered office is Castle House, Castle Street, Guildford, GU1 3UW.
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. 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 50% on cost
Fixtures & Fittings 33% on cost
Computer Equipment 50% on cost
2.4. 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.
2.5. 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.
...CONTINUED
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2.5. Taxation - continued
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 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 35 (2025: 42)
35 42
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2025 3,167 31,135 76,264 110,566
Additions 676 787 6,762 8,225
As at 31 March 2026 3,843 31,922 83,026 118,791
Depreciation
As at 1 April 2025 2,941 27,442 70,297 100,680
Provided during the period 536 2,720 7,329 10,585
As at 31 March 2026 3,477 30,162 77,626 111,265
Net Book Value
As at 31 March 2026 366 1,760 5,400 7,526
As at 1 April 2025 226 3,693 5,967 9,886
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5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 255,779 320,006
Prepayments and accrued income 55,470 55,736
Other debtors 15,200 15,200
326,449 390,942
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 36,307 26,359
Bank loans and overdrafts 5,567 5,567
Corporation tax 32,155 16,513
Other taxes and social security 38,483 35,616
VAT 97,215 177,526
Other creditors 28,893 34,379
Accruals and deferred income 5,444 7,856
Directors' loan accounts 214 16
244,278 303,832
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 17,629 23,196
Other loans (Long term liabilities - creditors > 1 year) 75,000 75,000
92,629 98,196
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
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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 81,218 85,619
Later than one year and not later than five years 32,143 97,161
113,361 182,780
10. Related Party Transactions
Included in "Creditors - Amounts Falling Due After More Than One Year" is a sum of £75,000 (2025: £75,000) in respect of a loan from a close relative of a director. Annual interest is payable on the loan at a rate of 4% above the Bank of England base rate.
Included in "Interest payable and similar charges" is a sum of £6,034 (2025: £6,710) being accrued interest payable to a close relative of a director on the above mentioned loan. The liability for this accrued interest is also included in "Creditors - Amounts Falling Due Within One Year".
During the year dividends totalling of £79,400 (2025: £67,500) were paid to the directors.
11. Government Backed Loan
In May 2020 the company received a £50,000 loan under the government backed "Bounce Back Loan" scheme. As at the balance sheet date, £23,196 (2025: £28,764) of the loan remained repayable, split between long term creditors of £17,629 (2025: £23,197) and short term creditors of £5,567 (2025: £5,567).
The loan is repayable over a 10 year period running to May 2030 at a fixed interest rate of 2.5%.
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