Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 06490576 M C Bracher E L Wilkinson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06490576 2024-03-31 06490576 2025-03-31 06490576 2024-04-01 2025-03-31 06490576 frs-core:CurrentFinancialInstruments 2025-03-31 06490576 frs-core:Non-currentFinancialInstruments 2025-03-31 06490576 frs-core:BetweenOneFiveYears 2025-03-31 06490576 frs-core:FurnitureFittings 2025-03-31 06490576 frs-core:FurnitureFittings 2024-04-01 2025-03-31 06490576 frs-core:FurnitureFittings 2024-03-31 06490576 frs-core:MotorVehicles 2025-03-31 06490576 frs-core:MotorVehicles 2024-04-01 2025-03-31 06490576 frs-core:MotorVehicles 2024-03-31 06490576 frs-core:PlantMachinery 2025-03-31 06490576 frs-core:PlantMachinery 2024-04-01 2025-03-31 06490576 frs-core:PlantMachinery 2024-03-31 06490576 frs-core:WithinOneYear 2025-03-31 06490576 frs-core:RevaluationReserve 2024-03-31 06490576 frs-core:RevaluationReserve 2025-03-31 06490576 frs-core:ShareCapital 2025-03-31 06490576 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 06490576 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06490576 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 06490576 frs-bus:SmallEntities 2024-04-01 2025-03-31 06490576 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06490576 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06490576 frs-bus:Director1 2024-04-01 2025-03-31 06490576 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 06490576 frs-countries:EnglandWales 2024-04-01 2025-03-31 06490576 2023-03-31 06490576 2024-03-31 06490576 2023-04-01 2024-03-31 06490576 frs-core:CurrentFinancialInstruments 2024-03-31 06490576 frs-core:Non-currentFinancialInstruments 2024-03-31 06490576 frs-core:BetweenOneFiveYears 2024-03-31 06490576 frs-core:WithinOneYear 2024-03-31 06490576 frs-core:RevaluationReserve 2024-03-31 06490576 frs-core:ShareCapital 2024-03-31 06490576 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 06490576
Templar Wines Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 06490576
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 53,275 72,055
53,275 72,055
CURRENT ASSETS
Stocks 5 198,764 192,851
Debtors 6 97,165 135,555
Cash at bank and in hand 58,110 44,895
354,039 373,301
Creditors: Amounts Falling Due Within One Year 7 (227,544 ) (255,524 )
NET CURRENT ASSETS (LIABILITIES) 126,495 117,777
TOTAL ASSETS LESS CURRENT LIABILITIES 179,770 189,832
Creditors: Amounts Falling Due After More Than One Year 8 (60,225 ) (79,700 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (13,319 ) (13,690 )
NET ASSETS 106,226 96,442
CAPITAL AND RESERVES
Called up share capital 10 41 41
Revaluation reserve 11 27 27
Profit and Loss Account 106,158 96,374
SHAREHOLDERS' FUNDS 106,226 96,442
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For the year ending 31 March 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
M C Bracher
Director
28 May 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Templar Wines Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06490576 . The registered office is 2 Slader Business Park, Witney Road Nuffield Industrial Estate, Poole, Dorset, BH17 0GP.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% 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 profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. 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 profit.
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2.7. 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2024: 9)
10 9
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 April 2024 5,250 139,063 10,926 155,239
As at 31 March 2025 5,250 139,063 10,926 155,239
Depreciation
As at 1 April 2024 5,249 68,549 9,386 83,184
Provided during the period - 17,628 1,152 18,780
As at 31 March 2025 5,249 86,177 10,538 101,964
Net Book Value
As at 31 March 2025 1 52,886 388 53,275
As at 1 April 2024 1 70,514 1,540 72,055
5. Stocks
2025 2024
£ £
Stock 198,764 192,851
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 79,180 127,631
Amounts owed by participating interests 5,816 -
Other debtors 12,169 7,924
97,165 135,555
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 10,052 11,766
Trade creditors 119,575 172,006
Bank loans and overdrafts 10,000 10,000
Other loans 60,000 -
Amounts owed to participating interests - 466
Other creditors 6,747 25,108
Taxation and social security 21,170 36,178
227,544 255,524
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 35,146 45,193
Bank loans 2,239 11,667
Other creditors 22,840 22,840
60,225 79,700
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 10,052 11,766
Later than one year and not later than five years 35,146 45,193
45,198 56,959
45,198 56,959
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 41 41
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11. Reserves
Revaluation Reserve
£
As at 1 April 2024 27
As at 31 March 2025 27
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