Acorah Software Products - Accounts Production 16.3.350 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 03292538 Mr P Hope Darby iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03292538 2024-02-29 03292538 2025-02-28 03292538 2024-03-01 2025-02-28 03292538 frs-core:CurrentFinancialInstruments 2025-02-28 03292538 frs-core:Non-currentFinancialInstruments 2025-02-28 03292538 frs-core:BetweenOneFiveYears 2025-02-28 03292538 frs-core:ComputerEquipment 2025-02-28 03292538 frs-core:ComputerEquipment 2024-03-01 2025-02-28 03292538 frs-core:ComputerEquipment 2024-02-29 03292538 frs-core:FurnitureFittings 2025-02-28 03292538 frs-core:FurnitureFittings 2024-03-01 2025-02-28 03292538 frs-core:FurnitureFittings 2024-02-29 03292538 frs-core:MotorVehicles 2025-02-28 03292538 frs-core:MotorVehicles 2024-03-01 2025-02-28 03292538 frs-core:MotorVehicles 2024-02-29 03292538 frs-core:OtherResidualIntangibleAssets 2025-02-28 03292538 frs-core:OtherResidualIntangibleAssets 2024-02-29 03292538 frs-core:PlantMachinery 2025-02-28 03292538 frs-core:PlantMachinery 2024-03-01 2025-02-28 03292538 frs-core:PlantMachinery 2024-02-29 03292538 frs-core:WithinOneYear 2025-02-28 03292538 frs-core:ShareCapital 2025-02-28 03292538 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 03292538 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 03292538 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 03292538 frs-bus:SmallEntities 2024-03-01 2025-02-28 03292538 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 03292538 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 03292538 frs-bus:Director1 2024-03-01 2025-02-28 03292538 frs-countries:EnglandWales 2024-03-01 2025-02-28 03292538 2023-02-28 03292538 2024-02-29 03292538 2023-03-01 2024-02-29 03292538 frs-core:CurrentFinancialInstruments 2024-02-29 03292538 frs-core:Non-currentFinancialInstruments 2024-02-29 03292538 frs-core:BetweenOneFiveYears 2024-02-29 03292538 frs-core:WithinOneYear 2024-02-29 03292538 frs-core:ShareCapital 2024-02-29 03292538 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 03292538
The Water Services Group Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 03292538
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 37,585 43,717
37,585 43,717
CURRENT ASSETS
Debtors 6 69,990 100,437
Cash at bank and in hand 50,312 6,387
120,302 106,824
Creditors: Amounts Falling Due Within One Year 7 (55,647 ) (57,405 )
NET CURRENT ASSETS (LIABILITIES) 64,655 49,419
TOTAL ASSETS LESS CURRENT LIABILITIES 102,240 93,136
Creditors: Amounts Falling Due After More Than One Year 8 (2,263 ) (6,788 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,271 ) -
NET ASSETS 98,706 86,348
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 98,606 86,248
SHAREHOLDERS' FUNDS 98,706 86,348
Page 1
Page 2
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 P Hope Darby
Director
29 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
The Water Services Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 03292538 . The registered office is 9-11 Stratford Road, Shirley, Solihull, B90 3LU.
The presentation currency is pounds sterling (£).
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 20% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 10% on cost
Computer Equipment 20% on cost
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. 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.
Page 3
Page 4
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: 6 (2024: 6)
6 6
4. Intangible Assets
Other
£
Cost or Valuation
As at 1 March 2024 9,558
As at 28 February 2025 9,558
Amortisation
As at 1 March 2024 9,558
As at 28 February 2025 9,558
Net Book Value
As at 28 February 2025 -
As at 1 March 2024 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 March 2024 36,125 106,495 4,092 2,556 149,268
Additions 5,095 - - - 5,095
As at 28 February 2025 41,220 106,495 4,092 2,556 154,363
Depreciation
As at 1 March 2024 15,783 84,393 3,796 1,579 105,551
Provided during the period 5,087 5,525 104 511 11,227
As at 28 February 2025 20,870 89,918 3,900 2,090 116,778
...CONTINUED
Page 4
Page 5
Net Book Value
As at 28 February 2025 20,350 16,577 192 466 37,585
As at 1 March 2024 20,342 22,102 296 977 43,717
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 18,740 88,987
Amounts recoverable on contracts 44,254 -
VAT - 1,110
Other taxes and social security 296 3,640
Amounts owed by associates 6,700 6,700
69,990 100,437
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 4,525 4,525
Trade creditors 37,856 36,593
VAT 8,308 -
Accruals and deferred income 4,483 14,598
Director's loan account 475 1,689
55,647 57,405
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 2,263 6,788
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 4,525 4,525
Later than one year and not later than five years 2,263 6,788
6,788 11,313
6,788 11,313
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
11. Directors Advances, Credits and Guarantees
Dividends paid to directors
Page 5
Page 6
2025 2024
£ £
Mr P Hope Darby 7,200 7,200
12. Related Party Transactions
The director made an interest free loan to the company with a balance of £475 at the year-end (£1,689-2024).
The loan is interest free and repayable on demand.
Page 6