Acorah Software Products - Accounts Production 19.4.351 false true 30 June 2025 1 July 2024 false 1 July 2025 30 September 2026 30 September 2026 09648462 Mr Robert Penman Mrs Deborah Reynolds iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09648462 2025-06-30 09648462 2026-09-30 09648462 2025-07-01 2026-09-30 09648462 frs-core:ComputerEquipment 2025-07-01 2026-09-30 09648462 frs-core:ShareCapital 2026-09-30 09648462 frs-core:RetainedEarningsAccumulatedLosses 2026-09-30 09648462 frs-bus:PrivateLimitedCompanyLtd 2025-07-01 2026-09-30 09648462 frs-bus:AbridgedAccounts 2025-07-01 2026-09-30 09648462 frs-bus:SmallEntities 2025-07-01 2026-09-30 09648462 frs-bus:AuditExempt-NoAccountantsReport 2025-07-01 2026-09-30 09648462 frs-bus:SmallCompaniesRegimeForAccounts 2025-07-01 2026-09-30 09648462 frs-core:CostValuation 2025-06-30 09648462 frs-core:RevaluationsIncreaseDecreaseInInvestments 2026-09-30 09648462 frs-core:CostValuation 2026-09-30 09648462 frs-bus:Director1 2025-07-01 2026-09-30 09648462 frs-bus:CompanySecretary1 2025-07-01 2026-09-30 09648462 frs-countries:EnglandWales 2025-07-01 2026-09-30 09648462 2024-06-30 09648462 2025-06-30 09648462 2024-07-01 2025-06-30 09648462 frs-core:ShareCapital 2025-06-30 09648462 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30
Registered number: 09648462
Simpli Financial Solutions Ltd
Unaudited ABRIDGED Financial Statements
For the Period 1 July 2025 to 30 September 2026
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 09648462
30 September 2026 30 June 2025
Notes £ £ £ £
FIXED ASSETS
Investments 5 2,419 2,346
2,419 2,346
CURRENT ASSETS
Debtors 25,965 2,454
Cash at bank and in hand 133,784 185,092
159,749 187,546
Creditors: Amounts Falling Due Within One Year (63,821 ) (56,477 )
NET CURRENT ASSETS (LIABILITIES) 95,928 131,069
TOTAL ASSETS LESS CURRENT LIABILITIES 98,347 133,415
NET ASSETS 98,347 133,415
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 98,247 133,315
SHAREHOLDERS' FUNDS 98,347 133,415
Page 1
Page 2
For the period ending 30 September 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 his 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 September 2026 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Robert Penman
Director
31/10/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Simpli Financial Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09648462 . The registered office is The Business And Innovation Centre Wearfield, Sunderland Enterprise Park, Sunderland, Tyne And Wear, United Kingdom, SR5 2TJ.
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 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:
Computer Equipment 33% Straight line method
2.4. 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.
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 period, 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.
2.5. 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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the period was: 4 (2025: 4)
4 4
4. Tangible Assets
Total
£
Cost
As at 1 July 2025 600
As at 30 September 2026 600
Depreciation
As at 1 July 2025 600
As at 30 September 2026 600
Net Book Value
As at 30 September 2026 -
As at 1 July 2025 -
5. Investments
Total
£
Cost or Valuation
As at 1 July 2025 2,346
Revaluations 73
As at 30 September 2026 2,419
Provision
As at 1 July 2025 -
As at 30 September 2026 -
Net Book Value
As at 30 September 2026 2,419
As at 1 July 2025 2,346
6. Share Capital
30 September 2026 30 June 2025
£ £
Allotted, Called up and fully paid 100 100
7. Pension Commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £1,426 (2025 - £1,408) were due to the fund. They are included in Other Creditors
Page 4