Acorah Software Products - Accounts Production 16.6.950 false true 3 April 2024 4 April 2023 false 4 April 2024 3 April 2025 3 April 2025 01540667 Mrs Maria Smyth Mrs Andrea Standley Mrs Andrea Standley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01540667 2024-04-03 01540667 2025-04-03 01540667 2024-04-04 2025-04-03 01540667 frs-core:CurrentFinancialInstruments 2025-04-03 01540667 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-04-03 01540667 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-04 2025-04-03 01540667 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-03 01540667 frs-core:PlantMachinery 2025-04-03 01540667 frs-core:PlantMachinery 2024-04-04 2025-04-03 01540667 frs-core:PlantMachinery 2024-04-03 01540667 frs-core:RevaluationReserve 2024-04-03 01540667 frs-core:RevaluationReserve 2025-04-03 01540667 frs-core:ShareCapital 2025-04-03 01540667 frs-core:RetainedEarningsAccumulatedLosses 2025-04-03 01540667 frs-bus:PrivateLimitedCompanyLtd 2024-04-04 2025-04-03 01540667 frs-bus:FilletedAccounts 2024-04-04 2025-04-03 01540667 frs-bus:SmallEntities 2024-04-04 2025-04-03 01540667 frs-bus:AuditExempt-NoAccountantsReport 2024-04-04 2025-04-03 01540667 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-04 2025-04-03 01540667 frs-bus:Director1 2024-04-04 2025-04-03 01540667 frs-bus:Director2 2024-04-04 2025-04-03 01540667 frs-bus:CompanySecretary1 2024-04-04 2025-04-03 01540667 frs-countries:EnglandWales 2024-04-04 2025-04-03 01540667 2023-04-03 01540667 2024-04-03 01540667 2023-04-04 2024-04-03 01540667 frs-core:CurrentFinancialInstruments 2024-04-03 01540667 frs-core:RevaluationReserve 2024-04-03 01540667 frs-core:ShareCapital 2024-04-03 01540667 frs-core:RetainedEarningsAccumulatedLosses 2024-04-03
Registered number: 01540667
Adagelord Limited
Unaudited Financial Statements
For The Year Ended 3 April 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 01540667
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 848,382 652,777
848,382 652,777
CURRENT ASSETS
Debtors 4 100,631 104,747
Cash at bank and in hand 68,821 123,885
169,452 228,632
Creditors: Amounts Falling Due Within One Year 5 (139,109 ) (56,640 )
NET CURRENT ASSETS (LIABILITIES) 30,343 171,992
TOTAL ASSETS LESS CURRENT LIABILITIES 878,725 824,769
PROVISIONS FOR LIABILITIES
Deferred Taxation (92,257 ) (92,257 )
NET ASSETS 786,468 732,512
CAPITAL AND RESERVES
Called up share capital 6 100 100
Revaluation reserve 7 485,563 485,563
Profit and Loss Account 300,805 246,849
SHAREHOLDERS' FUNDS 786,468 732,512
Page 1
Page 2
For the year ending 3 April 2025 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
Mrs Maria Smyth
Director
Mrs Andrea Standley
Director
23/11/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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:
Freehold Not depreciated
Plant & Machinery 25% reducing balance
1.3. Investment Properties
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis.
1.4. Financial Instruments
A financial asset or a financial liability is recognized only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognized at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognized at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortized cost.

Other financial instruments, including derivatives, are recognized at fair value, with any subsequent changes to fair value recognized in profit or loss.
1.5. 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 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 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. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
Page 3
Page 4
3. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 4 April 2024 650,000 12,940 662,940
Additions 191,873 4,983 196,856
As at 3 April 2025 841,873 17,923 859,796
Depreciation
As at 4 April 2024 - 10,163 10,163
Provided during the period - 1,251 1,251
As at 3 April 2025 - 11,414 11,414
Net Book Value
As at 3 April 2025 841,873 6,509 848,382
As at 4 April 2024 650,000 2,777 652,777
The property was revalued in May 2015 by Pygott & Crone. In the Directors opinion this value approximates to the current market value. The underlying cost of the investment property is £164,437. If the property was sold at the valuation stated in the accounts, corporation tax would be payable on the difference between original cost, plus indexation and ultimate sale value.
4. Debtors
2025 2024
£ £
Due within one year
Trade debtors 3,670 3,587
Other debtors 96,961 101,160
100,631 104,747
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 34 3,940
Other creditors 118,126 38,982
Taxation and social security 20,949 13,718
139,109 56,640
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 4
Page 5
7. Reserves
Revaluation Reserve
£
As at 4 April 2024 485,563
As at 3 April 2025 485,563
Page 5