Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 10042952 Miss Charli Dellaway Mr Bailey Dellaway Mr Jordan Dellaway iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10042952 2024-03-31 10042952 2025-03-31 10042952 2024-04-01 2025-03-31 10042952 frs-core:CurrentFinancialInstruments 2025-03-31 10042952 frs-core:Non-currentFinancialInstruments 2025-03-31 10042952 frs-core:BetweenOneFiveYears 2025-03-31 10042952 frs-core:ComputerEquipment 2025-03-31 10042952 frs-core:ComputerEquipment 2024-04-01 2025-03-31 10042952 frs-core:ComputerEquipment 2024-03-31 10042952 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 10042952 frs-core:FurnitureFittings 2025-03-31 10042952 frs-core:FurnitureFittings 2024-04-01 2025-03-31 10042952 frs-core:FurnitureFittings 2024-03-31 10042952 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 10042952 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 10042952 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 10042952 frs-core:MotorVehicles 2025-03-31 10042952 frs-core:MotorVehicles 2024-04-01 2025-03-31 10042952 frs-core:MotorVehicles 2024-03-31 10042952 frs-core:OtherResidualIntangibleAssets 2025-03-31 10042952 frs-core:OtherResidualIntangibleAssets 2024-04-01 2025-03-31 10042952 frs-core:OtherResidualIntangibleAssets 2024-03-31 10042952 frs-core:WithinOneYear 2025-03-31 10042952 frs-core:ShareCapital 2025-03-31 10042952 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10042952 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10042952 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10042952 frs-bus:SmallEntities 2024-04-01 2025-03-31 10042952 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10042952 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10042952 frs-bus:Director1 2024-04-01 2025-03-31 10042952 frs-bus:Director2 2024-04-01 2025-03-31 10042952 frs-bus:Director3 2024-04-01 2025-03-31 10042952 frs-core:CurrentFinancialInstruments 1 2025-03-31 10042952 frs-core:CurrentFinancialInstruments 2 2025-03-31 10042952 frs-core:CurrentFinancialInstruments 3 2025-03-31 10042952 frs-core:CurrentFinancialInstruments 4 2025-03-31 10042952 frs-core:CurrentFinancialInstruments 6 2025-03-31 10042952 frs-countries:EnglandWales 2024-04-01 2025-03-31 10042952 2023-03-31 10042952 2024-03-31 10042952 2023-04-01 2024-03-31 10042952 frs-core:CurrentFinancialInstruments 2024-03-31 10042952 frs-core:Non-currentFinancialInstruments 2024-03-31 10042952 frs-core:BetweenOneFiveYears 2024-03-31 10042952 frs-core:WithinOneYear 2024-03-31 10042952 frs-core:ShareCapital 2024-03-31 10042952 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10042952 frs-core:CurrentFinancialInstruments 1 2024-03-31 10042952 frs-core:CurrentFinancialInstruments 2 2024-03-31 10042952 frs-core:CurrentFinancialInstruments 3 2024-03-31 10042952 frs-core:CurrentFinancialInstruments 4 2024-03-31 10042952 frs-core:CurrentFinancialInstruments 6 2024-03-31
Registered number: 10042952
Safe Working Lifts Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 10042952
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 56,000 -
Tangible Assets 5 153,227 179,878
209,227 179,878
CURRENT ASSETS
Stocks 6 75,000 70,000
Debtors 7 616,394 510,530
Cash at bank and in hand 35,347 34,317
726,741 614,847
Creditors: Amounts Falling Due Within One Year 8 (597,570 ) (455,026 )
NET CURRENT ASSETS (LIABILITIES) 129,171 159,821
TOTAL ASSETS LESS CURRENT LIABILITIES 338,398 339,699
Creditors: Amounts Falling Due After More Than One Year 9 (64,753 ) (114,218 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (13,765 ) (13,765 )
NET ASSETS 259,880 211,716
CAPITAL AND RESERVES
Called up share capital 11 120 120
Profit and Loss Account 259,760 211,596
SHAREHOLDERS' FUNDS 259,880 211,716
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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
Miss Charli Dellaway
Director
24/07/2025
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
Safe Working Lifts Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10042952 . The registered office is Brunswick Yard, North Walk, Barnstaple, Devon, EX31 1AF.
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 - Other Intangible
Other intangible assets are .... 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 Straight Line Method over 5 years
Motor Vehicles Straight Line Method over 5 years
Fixtures & Fittings Straight Line Method over 5 years
Computer Equipment Straight Line Method over 5 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 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.
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2.7. 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: 19 (2024: 27)
19 27
4. Intangible Assets
Other
£
Cost
As at 1 April 2024 700
Additions 70,000
As at 31 March 2025 70,700
Amortisation
As at 1 April 2024 700
Provided during the period 14,000
As at 31 March 2025 14,700
Net Book Value
As at 31 March 2025 56,000
As at 1 April 2024 -
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Page 5
5. Tangible Assets
Land & Property
Leasehold Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 3,271 293,142 2,157 11,527 310,097
Additions - 49,172 - - 49,172
Disposals - (46,689 ) - - (46,689 )
As at 31 March 2025 3,271 295,625 2,157 11,527 312,580
Depreciation
As at 1 April 2024 2,184 116,442 1,153 10,440 130,219
Provided during the period 654 62,699 250 298 63,901
Disposals - (34,767 ) - - (34,767 )
As at 31 March 2025 2,838 144,374 1,403 10,738 159,353
Net Book Value
As at 31 March 2025 433 151,251 754 789 153,227
As at 1 April 2024 1,087 176,700 1,004 1,087 179,878
6. Stocks
2025 2024
£ £
Finished goods 75,000 70,000
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 484,518 269,034
Prepayments and accrued income 4,204 47,221
Other debtor - 9,000
Intercompany account 127,672 180,873
616,394 506,128
Due after more than one year
Other debtors - 4,402
616,394 510,530
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8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 66,132 58,936
Trade creditors 128,587 94,830
Bank loans and overdrafts 10,000 10,000
Corporation tax 11,935 14,389
Other taxes and social security 45,070 11,524
VAT 131,755 72,158
Factoring Account 116,600 115,641
Pension Payable 4,724 1,830
Student loan deduction 175 1,192
Provision for remedial cost 28,000 -
Other creditor 7,857 16,057
Loan 20,813 42,703
Accruals and deferred income 15,766 15,766
Directors' loan accounts 10,156 -
597,570 455,026
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 62,253 101,718
Bank loans 2,500 12,500
64,753 114,218
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 66,132 58,936
Later than one year and not later than five years 62,253 101,718
128,385 160,654
128,385 160,654
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 120 120
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