Acorah Software Products - Accounts Production 16.2.850 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 06864932 Mr Jason Mowforth Mrs Sharon Bailey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06864932 2024-03-31 06864932 2025-03-31 06864932 2024-04-01 2025-03-31 06864932 frs-core:CurrentFinancialInstruments 2025-03-31 06864932 frs-core:Non-currentFinancialInstruments 2025-03-31 06864932 frs-core:BetweenOneFiveYears 2025-03-31 06864932 frs-core:FurnitureFittings 2024-04-01 2025-03-31 06864932 frs-core:NetGoodwill 2025-03-31 06864932 frs-core:NetGoodwill 2024-04-01 2025-03-31 06864932 frs-core:NetGoodwill 2024-03-31 06864932 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 06864932 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 06864932 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 06864932 frs-core:MotorVehicles 2025-03-31 06864932 frs-core:MotorVehicles 2024-04-01 2025-03-31 06864932 frs-core:MotorVehicles 2024-03-31 06864932 frs-core:PlantMachinery 2025-03-31 06864932 frs-core:PlantMachinery 2024-04-01 2025-03-31 06864932 frs-core:PlantMachinery 2024-03-31 06864932 frs-core:WithinOneYear 2025-03-31 06864932 frs-core:ShareCapital 2025-03-31 06864932 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 06864932 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06864932 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 06864932 frs-bus:SmallEntities 2024-04-01 2025-03-31 06864932 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06864932 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06864932 frs-bus:Director1 2024-04-01 2025-03-31 06864932 frs-bus:Director2 2024-04-01 2025-03-31 06864932 frs-countries:EnglandWales 2024-04-01 2025-03-31 06864932 2023-03-31 06864932 2024-03-31 06864932 2023-04-01 2024-03-31 06864932 frs-core:CurrentFinancialInstruments 2024-03-31 06864932 frs-core:Non-currentFinancialInstruments 2024-03-31 06864932 frs-core:BetweenOneFiveYears 2024-03-31 06864932 frs-core:WithinOneYear 2024-03-31 06864932 frs-core:ShareCapital 2024-03-31 06864932 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 06864932
Commercial Operator Training Solutions Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
SW Accounting Solutions Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 06864932
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 711,611 804,032
711,611 804,032
CURRENT ASSETS
Debtors 6 173,020 187,285
Cash at bank and in hand 158,178 73,365
331,198 260,650
Creditors: Amounts Falling Due Within One Year 7 (476,942 ) (421,776 )
NET CURRENT ASSETS (LIABILITIES) (145,744 ) (161,126 )
TOTAL ASSETS LESS CURRENT LIABILITIES 565,867 642,906
Creditors: Amounts Falling Due After More Than One Year 8 (202,738 ) (235,069 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (106,087 ) (148,014 )
NET ASSETS 257,042 259,823
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 256,942 259,723
SHAREHOLDERS' FUNDS 257,042 259,823
Page 1
Page 2
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 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
Mr Jason Mowforth
Director
31/05/2025
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
Commercial Operator Training Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06864932 . The registered office is Skills House Tank Farm Road, Llandarcy, Neath, SA10 6EN.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. 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:
Leasehold 10%
Plant & Machinery 20%
Motor Vehicles 20%
Fixtures & Fittings 20%
2.5. 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.
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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.
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: 20 (2024: 23)
20 23
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 13,000
As at 31 March 2025 13,000
Amortisation
As at 1 April 2024 13,000
As at 31 March 2025 13,000
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 April 2024 274,847 487,971 615,248 1,378,066
Additions - 186,358 47,450 233,808
Disposals - (71,758 ) (217,463 ) (289,221 )
As at 31 March 2025 274,847 602,571 445,235 1,322,653
Depreciation
As at 1 April 2024 107,587 253,375 213,072 574,034
...CONTINUED
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Page 5
Provided during the period 24,371 61,620 58,486 144,477
Disposals - (21,906 ) (85,563 ) (107,469 )
As at 31 March 2025 131,958 293,089 185,995 611,042
Net Book Value
As at 31 March 2025 142,889 309,482 259,240 711,611
As at 1 April 2024 167,260 234,596 402,176 804,032
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 132,594 139,504
Prepayments and accrued income 40,426 47,781
173,020 187,285
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 133,279 106,979
Trade creditors 60,165 86,685
Bank loans and overdrafts 10,468 10,213
Corporation tax 42,055 9,382
Other taxes and social security 13,848 15,174
VAT 59,009 45,547
Other creditors 19,222 27,808
Accruals and deferred income 138,896 119,988
476,942 421,776
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 200,969 222,832
Bank loans 1,769 12,237
202,738 235,069
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 133,279 106,979
Later than one year and not later than five years 200,969 222,832
334,248 329,811
334,248 329,811
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10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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