Acorah Software Products - Accounts Production 16.6.950 false true 28 February 2024 1 March 2023 false 29 February 2024 28 February 2025 28 February 2025 06206425 Mr SEPEHR DJADIDIAN Dr Kimia Mirzakhani iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06206425 2024-02-28 06206425 2025-02-28 06206425 2024-02-29 2025-02-28 06206425 frs-core:CurrentFinancialInstruments 2025-02-28 06206425 frs-core:Non-currentFinancialInstruments 2025-02-28 06206425 frs-core:BetweenOneFiveYears 2025-02-28 06206425 frs-core:ComputerEquipment 2025-02-28 06206425 frs-core:ComputerEquipment 2024-02-29 2025-02-28 06206425 frs-core:ComputerEquipment 2024-02-28 06206425 frs-core:MotorVehicles 2025-02-28 06206425 frs-core:MotorVehicles 2024-02-29 2025-02-28 06206425 frs-core:MotorVehicles 2024-02-28 06206425 frs-core:PlantMachinery 2025-02-28 06206425 frs-core:PlantMachinery 2024-02-29 2025-02-28 06206425 frs-core:PlantMachinery 2024-02-28 06206425 frs-core:WithinOneYear 2025-02-28 06206425 frs-core:ShareCapital 2025-02-28 06206425 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 06206425 frs-bus:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 06206425 frs-bus:FilletedAccounts 2024-02-29 2025-02-28 06206425 frs-bus:SmallEntities 2024-02-29 2025-02-28 06206425 frs-bus:AuditExempt-NoAccountantsReport 2024-02-29 2025-02-28 06206425 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-29 2025-02-28 06206425 frs-bus:Director1 2024-02-29 2025-02-28 06206425 frs-bus:CompanySecretary1 2024-02-29 2025-02-28 06206425 frs-countries:EnglandWales 2024-02-29 2025-02-28 06206425 2023-02-28 06206425 2024-02-28 06206425 2023-03-01 2024-02-28 06206425 frs-core:CurrentFinancialInstruments 2024-02-28 06206425 frs-core:Non-currentFinancialInstruments 2024-02-28 06206425 frs-core:BetweenOneFiveYears 2024-02-28 06206425 frs-core:WithinOneYear 2024-02-28 06206425 frs-core:ShareCapital 2024-02-28 06206425 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28
Registered number: 06206425
OTIF Programme Delivery Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Anderson Ross Accounting & Tax Ltd
G-05 Davenport House
16 Pepper Street
London
E14 9RP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06206425
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 72,497 35,219
72,497 35,219
CURRENT ASSETS
Debtors 5 3,132 4,512
Cash at bank and in hand 6,060 13,432
9,192 17,944
Creditors: Amounts Falling Due Within One Year 6 (16,877 ) (13,934 )
NET CURRENT ASSETS (LIABILITIES) (7,685 ) 4,010
TOTAL ASSETS LESS CURRENT LIABILITIES 64,812 39,229
Creditors: Amounts Falling Due After More Than One Year 7 (32,437 ) -
NET ASSETS 32,375 39,229
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Profit and Loss Account 31,375 38,229
SHAREHOLDERS' FUNDS 32,375 39,229
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For the year ending 28 February 2025 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.
On behalf of the board
Mr SEPEHR DJADIDIAN
Director
25 November 2025
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
OTIF Programme Delivery Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06206425 . The registered office is 63 Kings Road, Berkhamsted, HP4 3BP.
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.
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 20% Reducing Balance
Motor Vehicles 20% Reducing Balance
Computer Equipment 20% Reducing Balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 29 February 2024 193,097 - 4,791 197,888
Additions 3,295 46,104 - 49,399
As at 28 February 2025 196,392 46,104 4,791 247,287
Depreciation
As at 29 February 2024 162,010 - 659 162,669
Provided during the period 6,685 4,610 826 12,121
As at 28 February 2025 168,695 4,610 1,485 174,790
Net Book Value
As at 28 February 2025 27,697 41,494 3,306 72,497
As at 29 February 2024 31,087 - 4,132 35,219
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 3,132 4,512
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 9,052 -
Trade creditors 106 -
VAT 347 3,781
Net wages - 593
Director's loan account 7,372 9,560
16,877 13,934
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 32,437 -
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8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 9,052 -
Later than one year and not later than five years 32,437 -
41,489 -
41,489 -
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
10. Dividends
2025 2024
£ £
On equity shares:
Final dividend paid 500 -
11. Related Party Transactions
Included in creditors falling due within one year is an amount of £7,372 (2024: £9,560) payable to the director. The loan is interest free.
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