Acorah Software Products - Accounts Production 19.4.351 false true true 31 January 2025 1 February 2024 false 1 February 2025 31 January 2026 31 January 2026 09382406 G E Gallie K Garvey A D Bellwood R Gurumuthy T Joseph R Sakaan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09382406 2025-01-31 09382406 2026-01-31 09382406 2025-02-01 2026-01-31 09382406 frs-core:CurrentFinancialInstruments 2026-01-31 09382406 frs-core:ComputerEquipment 2026-01-31 09382406 frs-core:ComputerEquipment 2025-02-01 2026-01-31 09382406 frs-core:ComputerEquipment 2025-01-31 09382406 frs-core:FurnitureFittings 2026-01-31 09382406 frs-core:FurnitureFittings 2025-02-01 2026-01-31 09382406 frs-core:FurnitureFittings 2025-01-31 09382406 frs-core:PlantMachinery 2025-02-01 2026-01-31 09382406 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 09382406 frs-bus:CompanyLimitedByGuarantee 2025-02-01 2026-01-31 09382406 frs-bus:FilletedAccounts 2025-02-01 2026-01-31 09382406 frs-bus:SmallEntities 2025-02-01 2026-01-31 09382406 frs-bus:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 09382406 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 09382406 frs-bus:Director1 2025-02-01 2026-01-31 09382406 frs-bus:Director2 2025-02-01 2026-01-31 09382406 frs-bus:Director3 2025-02-01 2026-01-31 09382406 frs-bus:Director4 2025-02-01 2026-01-31 09382406 frs-bus:Director5 2025-02-01 2026-01-31 09382406 frs-bus:Director6 2025-02-01 2026-01-31 09382406 frs-countries:EnglandWales 2025-02-01 2026-01-31 09382406 2024-01-31 09382406 2025-01-31 09382406 2024-02-01 2025-01-31 09382406 frs-core:CurrentFinancialInstruments 2025-01-31 09382406 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31
Registered number: 09382406
Project Everyone
Unaudited Financial Statements
For The Year Ended 31 January 2026
Mutu Accountancy
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09382406
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,773 -
9,773 -
CURRENT ASSETS
Debtors 5 572,332 628,115
Cash at bank and in hand 1,640,379 3,879,535
2,212,711 4,507,650
Creditors: Amounts Falling Due Within One Year 6 (1,333,677 ) (3,417,140 )
NET CURRENT ASSETS (LIABILITIES) 879,034 1,090,510
TOTAL ASSETS LESS CURRENT LIABILITIES 888,807 1,090,510
PROVISIONS FOR LIABILITIES
Provisions For Charges (47,648 ) (47,648 )
NET ASSETS 841,159 1,042,862
Income and Expenditure Account 841,159 1,042,862
MEMBERS' FUNDS 841,159 1,042,862
Page 1
Page 2
For the year 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 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 Income and Expenditure Account.
On behalf of the board
K Garvey
Director
29/10/2026
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
Project Everyone is a private company, limited by guarantee, incorporated in England & Wales, registered number 09382406 . The registered office is C/O Portobello Studios First Floor, 138 Portobello Road, London, W11 2DZ.
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. Going Concern Disclosure
The company meets its day to day working capital requirements through the utilisation of its own funds. The company's forecasts and projections indicate that it is reliant on securing further funding in order to continue as a going concern for the foreseeable future. 
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements, but with the proviso that a material uncertainty exists over the company's future revenue streams. 
2.3. Turnover
Turnover comprises donations and grants received in support of the company's projects and activities. Donations are recognised in the Statement of Income and Retained Earnings when income is probable and can be measured with sufficient reliability. 
Interest income 
Interest income is recognised in the Statement of Income and Retained Earnings using the effective interest method. 
Debtors 
Short term debtors are measured at the transaction price, less any impairment. 
Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 
Creditors
Short term creditors are measured at the transaction price, less any impairment. 
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:
Plant & Machinery 25% Reducing Balance
Fixtures & Fittings 20% Straight Line
Computer Equipment 33.33% Straight Line
2.5. Leasing and Hire Purchase Contracts
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to income and expenditure account on a straight line basis over the term of the lease. 
Assets obtained under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the Statement of Financial Position as a liability. The interest element of the rental obligations is charged to the Statement of Income and Retained Earnings over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
2.6. Financial Instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in the Statement of Income and Retained Earnings. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss. 
Page 3
Page 4
2.7. 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 surplus.
2.8. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus 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.
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 surplus. 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 surplus 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 surplus 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 surplus or deficit 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.
2.9. Pensions
The company operates a defined pension contribution scheme for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. 
The contributions are recognised as an expense in the Statement of Income and Retained Earnings when they fall due. Amounts not paid are shown in the accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds. 
2.10. Provisions for Liabilities
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation. 
Provisions are charged as an expense to the Statement of Income and Retained Earnings in the year the Company becomes aware of the obligation, and are measured at the best estimate at the Statement of Financial Position date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. 
When payments are eventually made, they are charged to the provision carried in the Statement of Financial Position. 
2.11. Finance Costs
Finance Costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument. 
3. Average Number of Employees
Average number of employees, including directors, during the year was: 30 (2025: 32)
30 32
Page 4
Page 5
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 February 2025 - - -
Additions 8,425 1,832 10,257
As at 31 January 2026 8,425 1,832 10,257
Depreciation
As at 1 February 2025 - - -
Provided during the period 281 203 484
As at 31 January 2026 281 203 484
Net Book Value
As at 31 January 2026 8,144 1,629 9,773
As at 1 February 2025 - - -
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 324,886 375,402
Other debtors 247,446 252,713
572,332 628,115
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 140,749 193,559
Other creditors 1,154,309 3,113,834
Taxation and social security 38,619 109,747
1,333,677 3,417,140
7. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
8. Audit Information
The auditor's report on the accounts of Project Everyone for the year ended 31 January 2026 was unqualified.
The auditor's report was signed by Statutory Auditor.
Page 5