Acorah Software Products - Accounts Production 16.5.460 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 07017863 Mr Kelvyn Green Mr Nick Green iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07017863 2024-01-31 07017863 2025-01-31 07017863 2024-02-01 2025-01-31 07017863 frs-core:CurrentFinancialInstruments 2025-01-31 07017863 frs-core:Non-currentFinancialInstruments 2025-01-31 07017863 frs-core:FurnitureFittings 2025-01-31 07017863 frs-core:FurnitureFittings 2024-02-01 2025-01-31 07017863 frs-core:FurnitureFittings 2024-01-31 07017863 frs-core:MotorVehicles 2025-01-31 07017863 frs-core:MotorVehicles 2024-02-01 2025-01-31 07017863 frs-core:MotorVehicles 2024-01-31 07017863 frs-core:PlantMachinery 2025-01-31 07017863 frs-core:PlantMachinery 2024-02-01 2025-01-31 07017863 frs-core:PlantMachinery 2024-01-31 07017863 frs-core:ShareCapital 2025-01-31 07017863 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 07017863 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 07017863 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 07017863 frs-bus:SmallEntities 2024-02-01 2025-01-31 07017863 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 07017863 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 07017863 frs-bus:Director1 2024-02-01 2025-01-31 07017863 frs-bus:Director2 2024-02-01 2025-01-31 07017863 frs-countries:EnglandWales 2024-02-01 2025-01-31 07017863 2023-01-31 07017863 2024-01-31 07017863 2023-02-01 2024-01-31 07017863 frs-core:CurrentFinancialInstruments 2024-01-31 07017863 frs-core:Non-currentFinancialInstruments 2024-01-31 07017863 frs-core:BetweenOneFiveYears 2024-01-31 07017863 frs-core:WithinOneYear 2024-01-31 07017863 frs-core:ShareCapital 2024-01-31 07017863 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 07017863
Green Light Electrical Installations Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07017863
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 71,272 86,477
71,272 86,477
CURRENT ASSETS
Stocks 45,000 38,500
Debtors 5 72,525 122,152
Cash at bank and in hand 15,132 34,994
132,657 195,646
Creditors: Amounts Falling Due Within One Year 6 (161,602 ) (155,554 )
NET CURRENT ASSETS (LIABILITIES) (28,945 ) 40,092
TOTAL ASSETS LESS CURRENT LIABILITIES 42,327 126,569
Creditors: Amounts Falling Due After More Than One Year 7 (48,648 ) (82,352 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (17,817 ) (21,619 )
NET (LIABILITIES)/ASSETS (24,138 ) 22,598
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account (24,238 ) 22,498
SHAREHOLDERS' FUNDS (24,138) 22,598
Page 1
Page 2
For the year ending 31 January 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 Nick Green
Director
22 August 2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Green Light Electrical Installations Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07017863 . The registered office is 1 Stag Business Park, Christchurch Road, Ringwood, Hampshire, BH24 3AS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

These financial statements are presented in pound sterling which is the functional currency of the company.
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 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
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 the profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks is 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.
2.6. Financial Instruments
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 measured 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.
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.
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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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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. Government Grant
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 14 (2024: 11)
14 11
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 February 2024 17,605 138,741 25,323 181,669
Additions - 158 8,463 8,621
Disposals - (2,000 ) - (2,000 )
As at 31 January 2025 17,605 136,899 33,786 188,290
Depreciation
As at 1 February 2024 15,771 71,277 8,144 95,192
Provided during the period 458 16,406 4,962 21,826
As at 31 January 2025 16,229 87,683 13,106 117,018
Net Book Value
As at 31 January 2025 1,376 49,216 20,680 71,272
As at 1 February 2024 1,834 67,464 17,179 86,477
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5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 59,081 58,419
Prepayments and accrued income 5,604 46,523
Other debtors 7,840 17,210
72,525 122,152
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 10,345 15,451
Trade creditors 60,447 57,847
Bank loans and overdrafts 22,000 22,000
Other taxes and social security 19,561 11,442
Other creditors 29,504 44,214
Accruals and deferred income 19,745 4,600
161,602 155,554
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 22,981 34,685
Bank loans 25,667 47,667
48,648 82,352
8. Secured Creditors
Of the creditors falling due within and after more than one year the following amounts are secured against the assets to which they relate
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 50,136
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year - 12,934
Later than one year and not later than five years - 906
- 13,840
10. Pension Commitments
The company operates a defined contribution pension scheme for its employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £877 (2023 - £984) were due to the fund. They are included in Other Creditors.
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