Acorah Software Products - Accounts Production 16.3.350 false true true 31 March 2024 6 April 2023 false 1 April 2024 31 March 2025 31 March 2025 09114834 Mr Adam Morgan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09114834 2024-03-31 09114834 2025-03-31 09114834 2024-04-01 2025-03-31 09114834 frs-core:CurrentFinancialInstruments 2025-03-31 09114834 frs-core:Non-currentFinancialInstruments 2025-03-31 09114834 frs-core:BetweenOneFiveYears 2025-03-31 09114834 frs-core:ComputerEquipment 2025-03-31 09114834 frs-core:ComputerEquipment 2024-04-01 2025-03-31 09114834 frs-core:ComputerEquipment 2024-03-31 09114834 frs-core:FurnitureFittings 2025-03-31 09114834 frs-core:FurnitureFittings 2024-04-01 2025-03-31 09114834 frs-core:FurnitureFittings 2024-03-31 09114834 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 09114834 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 09114834 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 09114834 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 09114834 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 09114834 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 09114834 frs-core:MotorVehicles 2025-03-31 09114834 frs-core:MotorVehicles 2024-04-01 2025-03-31 09114834 frs-core:MotorVehicles 2024-03-31 09114834 frs-core:PlantMachinery 2025-03-31 09114834 frs-core:PlantMachinery 2024-04-01 2025-03-31 09114834 frs-core:PlantMachinery 2024-03-31 09114834 frs-core:WithinOneYear 2025-03-31 09114834 frs-core:ShareCapital 2025-03-31 09114834 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 09114834 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09114834 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 09114834 frs-bus:SmallEntities 2024-04-01 2025-03-31 09114834 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09114834 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09114834 frs-bus:Director1 2024-04-01 2025-03-31 09114834 frs-countries:EnglandWales 2024-04-01 2025-03-31 09114834 2023-04-05 09114834 2024-03-31 09114834 2023-04-06 2024-03-31 09114834 frs-core:CurrentFinancialInstruments 2024-03-31 09114834 frs-core:Non-currentFinancialInstruments 2024-03-31 09114834 frs-core:BetweenOneFiveYears 2024-03-31 09114834 frs-core:WithinOneYear 2024-03-31 09114834 frs-core:ShareCapital 2024-03-31 09114834 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 09114834
Gravel Works Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09114834
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 623,509 633,846
623,509 633,846
CURRENT ASSETS
Stocks 5 28,152 -
Debtors 6 226,057 269,046
Cash at bank and in hand 26,408 100,009
280,617 369,055
Creditors: Amounts Falling Due Within One Year 7 (268,607 ) (199,652 )
NET CURRENT ASSETS (LIABILITIES) 12,010 169,403
TOTAL ASSETS LESS CURRENT LIABILITIES 635,519 803,249
Creditors: Amounts Falling Due After More Than One Year 8 (148,324 ) (153,803 )
NET ASSETS 487,195 649,446
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account 487,194 649,445
SHAREHOLDERS' FUNDS 487,195 649,446
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 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 Adam Morgan
Director
17 June 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
Gravel Works Ltd (formerly known as Trostre Tyres Ltd) is a private company, limited by shares, incorporated in England & Wales, registered number 09114834 . The registered office is 79 Pennant Road, Llanelli, Carmarthenshire, SA14 8EG.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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:
Freehold 0%
Leasehold 0%
Plant & Machinery 10% straight line
Motor Vehicles 30% on reducing balance
Fixtures & Fittings 20% on reducing balance
Computer Equipment 33% on reducing balance
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.
2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 2)
3 2
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Motor Vehicles
£ £ £ £
Cost
As at 1 April 2024 372,408 198,717 64,718 3,600
Additions 40,109 - 111,886 23,500
Disposals (127,510 ) - (42,667 ) (5,300 )
As at 31 March 2025 285,007 198,717 133,937 21,800
Depreciation
As at 1 April 2024 1,200 4,076 - 769
Provided during the period 600 1,014 19,987 2,516
Disposals (1,800 ) - (4,600 ) (265 )
As at 31 March 2025 - 5,090 15,387 3,020
Net Book Value
As at 31 March 2025 285,007 193,627 118,550 18,780
As at 1 April 2024 371,208 194,641 64,718 2,831
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 - 951 640,394
Additions 7,171 568 183,234
Disposals - - (175,477 )
As at 31 March 2025 7,171 1,519 648,151
Depreciation
As at 1 April 2024 - 503 6,548
Provided during the period 533 109 24,759
Disposals - - (6,665 )
As at 31 March 2025 533 612 24,642
Net Book Value
As at 31 March 2025 6,638 907 623,509
As at 1 April 2024 - 448 633,846
5. Stocks
2025 2024
£ £
Stock 28,152 -
Page 4
Page 5
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 23,592 5,616
Other debtors 202,465 263,430
226,057 269,046
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 12,578 -
Trade creditors 82,626 89,735
Bank loans and overdrafts 58,760 55,460
Other creditors 111,930 50,611
Taxation and social security 2,713 3,846
268,607 199,652
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 55,077 -
Bank loans 93,247 153,803
148,324 153,803
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 12,578 -
Later than one year and not later than five years 55,077 -
67,655 -
67,655 -
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 5