Acorah Software Products - Accounts Production 16.4.675 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 09488932 Mr Thomas Gallimore Mr Oliver Sawyer iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09488932 2024-03-31 09488932 2025-03-31 09488932 2024-04-01 2025-03-31 09488932 frs-core:CurrentFinancialInstruments 2025-03-31 09488932 frs-core:Non-currentFinancialInstruments 2025-03-31 09488932 frs-core:BetweenOneFiveYears 2025-03-31 09488932 frs-core:MotorVehicles 2025-03-31 09488932 frs-core:MotorVehicles 2024-04-01 2025-03-31 09488932 frs-core:MotorVehicles 2024-03-31 09488932 frs-core:PlantMachinery 2025-03-31 09488932 frs-core:PlantMachinery 2024-04-01 2025-03-31 09488932 frs-core:PlantMachinery 2024-03-31 09488932 frs-core:WithinOneYear 2025-03-31 09488932 frs-core:RevaluationReserve 2024-03-31 09488932 frs-core:RevaluationReserve 2025-03-31 09488932 frs-core:ShareCapital 2025-03-31 09488932 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 09488932 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09488932 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 09488932 frs-bus:SmallEntities 2024-04-01 2025-03-31 09488932 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09488932 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09488932 frs-core:UnlistedNon-exchangeTraded 2025-03-31 09488932 frs-core:UnlistedNon-exchangeTraded 2024-03-31 09488932 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 09488932 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 09488932 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 09488932 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 09488932 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 09488932 frs-bus:Director1 2024-04-01 2025-03-31 09488932 frs-bus:Director2 2024-04-01 2025-03-31 09488932 frs-countries:EnglandWales 2024-04-01 2025-03-31 09488932 2023-03-31 09488932 2024-03-31 09488932 2023-04-01 2024-03-31 09488932 frs-core:CurrentFinancialInstruments 2024-03-31 09488932 frs-core:Non-currentFinancialInstruments 2024-03-31 09488932 frs-core:BetweenOneFiveYears 2024-03-31 09488932 frs-core:WithinOneYear 2024-03-31 09488932 frs-core:RevaluationReserve 2024-03-31 09488932 frs-core:ShareCapital 2024-03-31 09488932 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 09488932
Safesure Plumbing And Heating Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Spicer & Co UK Limited
Chartered Accountants
Staple House
5 Eleanors Cross
Dunstable
Bedfordshire
LU6 1SU
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09488932
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 27,818 19,795
Investments 5 10,329 10,163
38,147 29,958
CURRENT ASSETS
Stocks 6,800 6,800
Debtors 6 33,596 106,299
Cash at bank and in hand 216,159 256,111
256,555 369,210
Creditors: Amounts Falling Due Within One Year 7 (168,440 ) (206,537 )
NET CURRENT ASSETS (LIABILITIES) 88,115 162,673
TOTAL ASSETS LESS CURRENT LIABILITIES 126,262 192,631
Creditors: Amounts Falling Due After More Than One Year 8 (26,179 ) (41,484 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 10 (5,285 ) -
NET ASSETS 94,798 151,147
CAPITAL AND RESERVES
Called up share capital 11 102 102
Revaluation reserve 12 (21,143 ) (21,143 )
Profit and Loss Account 115,839 172,188
SHAREHOLDERS' FUNDS 94,798 151,147
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 Thomas Gallimore
Director
14/07/2025
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
Safesure Plumbing And Heating Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09488932 . The registered office is Staple House, 5 Eleanors Cross, Dunstable, Bedfordshire, LU6 1SU.
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
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existance for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
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:
Plant & Machinery over 5 years
Motor Vehicles over 4 years
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 the 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.
Page 3
Page 4
2.7. Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.9. Investments
Current asset investments in currencies are revalued at the year end to market value at that date.
2.10. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.11. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2024: 10)
10 10
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 April 2024 2,101 109,877 111,978
Additions - 19,000 19,000
As at 31 March 2025 2,101 128,877 130,978
Depreciation
As at 1 April 2024 973 91,210 92,183
Provided during the period 248 10,729 10,977
As at 31 March 2025 1,221 101,939 103,160
Net Book Value
As at 31 March 2025 880 26,938 27,818
As at 1 April 2024 1,128 18,667 19,795
Page 4
Page 5
5. Investments
Unlisted
£
Cost or Valuation
As at 1 April 2024 10,163
Revaluations 166
As at 31 March 2025 10,329
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 10,329
As at 1 April 2024 10,163
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 33,596 85,421
Other debtors - 20,878
33,596 106,299
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 9,796 13,264
Trade creditors 61,276 47,077
Bank loans and overdrafts 5,510 5,374
Other creditors 46,365 68,439
Taxation and social security 45,493 72,383
168,440 206,537
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 1,200 10,996
Bank loans 24,979 30,488
26,179 41,484
Page 5
Page 6
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 9,796 13,264
Later than one year and not later than five years 1,200 10,996
10,996 24,260
10,996 24,260
10. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Other timing differences 5,285 -
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 102 102
12. Reserves
Revaluation Reserve
£
As at 1 April 2024 (21,143 )
As at 31 March 2025 (21,143 )
Profit and Loss Account
The Profit and Loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholder. This is a distributable reserve.
13. Related Party Transactions
As at balance sheet date, included in creditors are amounts due to directors of £22,957 (2024: £22,735).
Page 6