Acorah Software Products - Accounts Production 19.4.351 false true true 28 February 2025 1 March 2024 false 1 March 2025 28 February 2026 28 February 2026 10618872 S H Platz M J Smith J B Tester iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10618872 2025-02-28 10618872 2026-02-28 10618872 2025-03-01 2026-02-28 10618872 frs-core:CurrentFinancialInstruments 2026-02-28 10618872 frs-core:ShareCapital 2026-02-28 10618872 frs-core:RetainedEarningsAccumulatedLosses 2026-02-28 10618872 frs-bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 10618872 frs-bus:FilletedAccounts 2025-03-01 2026-02-28 10618872 frs-bus:SmallEntities 2025-03-01 2026-02-28 10618872 frs-bus:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 10618872 frs-bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 10618872 frs-bus:Director1 2025-03-01 2026-02-28 10618872 frs-bus:Director2 2025-03-01 2026-02-28 10618872 frs-bus:Director3 2025-03-01 2026-02-28 10618872 frs-countries:EnglandWales 2025-03-01 2026-02-28 10618872 2024-02-29 10618872 2025-02-28 10618872 2024-03-01 2025-02-28 10618872 frs-core:CurrentFinancialInstruments 2025-02-28 10618872 frs-core:ShareCapital 2025-02-28 10618872 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28
Registered number: 10618872
Gloworks Publishing Limited
Unaudited Financial Statements
For The Year Ended 28 February 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10618872
2026 2025
Notes £ £ £ £
CURRENT ASSETS
Debtors 5 1 1
1 1
Creditors: Amounts Falling Due Within One Year 6 (50,600 ) (52,788 )
NET CURRENT ASSETS (LIABILITIES) (50,599 ) (52,787 )
TOTAL ASSETS LESS CURRENT LIABILITIES (50,599 ) (52,787 )
NET LIABILITIES (50,599 ) (52,787 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (50,600 ) (52,788 )
SHAREHOLDERS' FUNDS (50,599) (52,787)
Page 1
Page 2
For the year ending 28 February 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.
The financial statements were approved by the board of directors on 26 October 2026 and were signed on its behalf by:
S H Platz
Director
M J Smith
Director
26 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
Gloworks Publishing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10618872 . The registered office is Roundhouse, 212 Regents Park Road, London, NW1 8AW.
The company's principal activity continues to be that of music publishers.
2. Statement of Compliance
The financial statements have been prepared 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.
3. Accounting Policies
3.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention.
3.2. Going Concern Disclosure
The financial statements have been prepared on the assumption that the company is able to carry on business as a going concern. The directors are confident that Bucks Music Group Limited, a major shareholder, will only seek repayment of amounts due to the extent the company is able to make repayments.
3.3. Turnover
Turnover is recognised at fair value of the consideration received or receivable. Furthermore, revenue is recognised when it is probable that economic benefits will flow to the company and the amount of the revenue can be reliably measured.
Royalty income
Royalty income is recognised on a notified earnings basis. Credit is taken for royalty income, arising from the music publishing, record  production and related activities, which has been received or declared by users by the period end.
3.4. 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.
...CONTINUED
Page 3
Page 4
3.4. 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 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 year, 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.
3.5. Debtors and creditors falling due within one year
Debtors and creditors falling due within one year are recognised at undiscounted transaction price. Debtors are reviewed for impairment at the end of the financial year and any impairments are recognised in the profit and loss account.
4. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2025: NIL)
- -
5. Debtors
2026 2025
£ £
Due within one year
Other debtors 1 1
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 49,393 51,581
Other creditors 1,207 1,207
50,600 52,788
Page 4
Page 5
7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1 1
8. Related Party Disclosures
Bucks Music Group LimitedShareholder and related to director Simon PlatzBucks Music Group Limited is due £49,393 (2025 £51,582) which accumulated due to it providing funds for the company to settle its outgoings.

Bucks Music Group Limited

Shareholder and related to director Simon Platz

Bucks Music Group Limited is due £49,393 (2025 £51,582) which accumulated due to it providing funds for the company to settle its outgoings.

Page 5