Acorah Software Products - Accounts Production 16.3.350 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 05206598 Mr Alistair Taverner Mrs Sophie Taverner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05206598 2024-01-31 05206598 2025-01-31 05206598 2024-02-01 2025-01-31 05206598 frs-core:CurrentFinancialInstruments 2025-01-31 05206598 frs-core:ComputerEquipment 2025-01-31 05206598 frs-core:ComputerEquipment 2024-02-01 2025-01-31 05206598 frs-core:ComputerEquipment 2024-01-31 05206598 frs-core:MotorVehicles 2025-01-31 05206598 frs-core:MotorVehicles 2024-02-01 2025-01-31 05206598 frs-core:MotorVehicles 2024-01-31 05206598 frs-core:PlantMachinery 2025-01-31 05206598 frs-core:PlantMachinery 2024-02-01 2025-01-31 05206598 frs-core:PlantMachinery 2024-01-31 05206598 frs-core:ShareCapital 2025-01-31 05206598 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 05206598 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 05206598 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 05206598 frs-bus:SmallEntities 2024-02-01 2025-01-31 05206598 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 05206598 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 05206598 frs-core:ListedExchangeTraded 2025-01-31 05206598 frs-core:ListedExchangeTraded 2024-01-31 05206598 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-01-31 05206598 frs-core:CostValuation frs-core:ListedExchangeTraded 2025-01-31 05206598 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-01-31 05206598 frs-core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2025-01-31 05206598 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2025-01-31 05206598 frs-bus:Director1 2024-02-01 2025-01-31 05206598 frs-bus:CompanySecretary1 2024-02-01 2025-01-31 05206598 frs-countries:EnglandWales 2024-02-01 2025-01-31 05206598 2023-01-31 05206598 2024-01-31 05206598 2023-02-01 2024-01-31 05206598 frs-core:CurrentFinancialInstruments 2024-01-31 05206598 frs-core:ShareCapital 2024-01-31 05206598 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 05206598
Espier Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2025
Mayers
33 Mary Seacole Road
The Millfields
Plymouth
PL1 3JY
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05206598
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,434 11,628
Investments 5 50,000 23,983
58,434 35,611
CURRENT ASSETS
Stocks 6 18,030 14,815
Debtors 7 36,541 79,673
Cash at bank and in hand 86,388 108,224
140,959 202,712
Creditors: Amounts Falling Due Within One Year 8 (77,489 ) (159,591 )
NET CURRENT ASSETS (LIABILITIES) 63,470 43,121
TOTAL ASSETS LESS CURRENT LIABILITIES 121,904 78,732
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,602 ) (2,209 )
NET ASSETS 120,302 76,523
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 120,202 76,423
SHAREHOLDERS' FUNDS 120,302 76,523
Page 1
Page 2
For the year ending 31 January 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 Alistair Taverner
Director
30 April 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
Espier Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05206598 . The registered office is 33 Mary Seacole Road, The Millfields, Plymouth, PL1 3JY.
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 33% SL
Motor Vehicles 25% RB
Computer Equipment 33% SL
2.4. 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.
2.5. 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.
2.6. 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.
...CONTINUED
Page 3
Page 4
2.6. Taxation - continued
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2024 22,498 21,790 29,091 73,379
Additions - - 2,857 2,857
As at 31 January 2025 22,498 21,790 31,948 76,236
Depreciation
As at 1 February 2024 21,174 18,882 21,695 61,751
Provided during the period 674 727 4,650 6,051
As at 31 January 2025 21,848 19,609 26,345 67,802
Net Book Value
As at 31 January 2025 650 2,181 5,603 8,434
As at 1 February 2024 1,324 2,908 7,396 11,628
5. Investments
Listed
£
Cost
As at 1 February 2024 50,000
As at 31 January 2025 50,000
Provision
As at 1 February 2024 26,017
Added in period (26,017 )
As at 31 January 2025 -
Net Book Value
As at 31 January 2025 50,000
As at 1 February 2024 23,983
6. Stocks
2025 2024
£ £
Stock 18,030 14,815
Page 4
Page 5
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 33,924 74,536
Other debtors 609 5,137
VAT 2,008 -
36,541 79,673
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 9,768 16,333
Corporation tax 4,270 -
Other taxes and social security 342 1,231
VAT - 2,187
Accrued expenses 2,500 2,400
Director's loan account - 97
Amounts owed to parent undertaking 60,609 137,343
77,489 159,591
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5