Acorah Software Products - Accounts Production 16.5.460 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 13404228 Mr Grant Wintle Mr Stephen Davidson Mrs Gail Davidson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13404228 2024-05-31 13404228 2025-05-31 13404228 2024-06-01 2025-05-31 13404228 frs-core:CurrentFinancialInstruments 2025-05-31 13404228 frs-core:Non-currentFinancialInstruments 2025-05-31 13404228 frs-core:BetweenOneFiveYears 2025-05-31 13404228 frs-core:ComputerEquipment 2025-05-31 13404228 frs-core:ComputerEquipment 2024-06-01 2025-05-31 13404228 frs-core:ComputerEquipment 2024-05-31 13404228 frs-core:MotorVehicles 2025-05-31 13404228 frs-core:MotorVehicles 2024-06-01 2025-05-31 13404228 frs-core:MotorVehicles 2024-05-31 13404228 frs-core:PlantMachinery 2025-05-31 13404228 frs-core:PlantMachinery 2024-06-01 2025-05-31 13404228 frs-core:PlantMachinery 2024-05-31 13404228 frs-core:WithinOneYear 2025-05-31 13404228 frs-core:SharePremium 2025-05-31 13404228 frs-core:ShareCapital 2025-05-31 13404228 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 13404228 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 13404228 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 13404228 frs-bus:SmallEntities 2024-06-01 2025-05-31 13404228 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 13404228 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 13404228 frs-bus:Director1 2024-06-01 2025-05-31 13404228 frs-bus:Director2 2024-06-01 2025-05-31 13404228 frs-bus:Director2 2024-05-31 13404228 frs-bus:Director2 2025-05-31 13404228 frs-bus:Director3 2024-06-01 2025-05-31 13404228 frs-countries:EnglandWales 2024-06-01 2025-05-31 13404228 2023-05-31 13404228 2024-05-31 13404228 2023-06-01 2024-05-31 13404228 frs-core:CurrentFinancialInstruments 2024-05-31 13404228 frs-core:Non-currentFinancialInstruments 2024-05-31 13404228 frs-core:BetweenOneFiveYears 2024-05-31 13404228 frs-core:WithinOneYear 2024-05-31 13404228 frs-core:SharePremium 2024-05-31 13404228 frs-core:ShareCapital 2024-05-31 13404228 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 13404228
Cryosafe Services Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2025
Chippendale and Clark
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 13404228
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 72,605 14,254
72,605 14,254
CURRENT ASSETS
Debtors 5 305,688 118,281
Cash at bank and in hand 131,025 64,210
436,713 182,491
Creditors: Amounts Falling Due Within One Year 6 (282,663 ) (152,600 )
NET CURRENT ASSETS (LIABILITIES) 154,050 29,891
TOTAL ASSETS LESS CURRENT LIABILITIES 226,655 44,145
Creditors: Amounts Falling Due After More Than One Year 7 (61,334 ) (590 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (17,972 ) (3,148 )
NET ASSETS 147,349 40,407
CAPITAL AND RESERVES
Called up share capital 9 447 447
Share premium account 39,960 39,960
Profit and Loss Account 106,942 -
SHAREHOLDERS' FUNDS 147,349 40,407
Page 1
Page 2
For the year ending 31 May 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 Grant Wintle
Director
15/08/2025
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
Cryosafe Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13404228 . The registered office is 71 Guildford Road, Middlesbrough, TS6 0PZ.
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 3 Years Straight Line
Motor Vehicles 25% Reducing Balance
Computer Equipment 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. 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: 5 (2024: 5)
5 5
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 June 2024 15,084 - 7,976 23,060
Additions - 82,035 3,804 85,839
As at 31 May 2025 15,084 82,035 11,780 108,899
Depreciation
As at 1 June 2024 5,763 - 3,043 8,806
Provided during the period 4,795 20,509 2,184 27,488
As at 31 May 2025 10,558 20,509 5,227 36,294
Net Book Value
As at 31 May 2025 4,526 61,526 6,553 72,605
As at 1 June 2024 9,321 - 4,933 14,254
Page 4
Page 5
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 275,673 84,639
Prepayments and accrued income 11,105 -
VAT 18,905 32,310
Directors' loan accounts - 1,310
305,683 118,259
Due after more than one year
Shareholder loan 5 22
305,688 118,281
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 16,198 -
Trade creditors 197,932 122,237
Corporation tax 53,135 18,761
Other taxes and social security 4,638 153
Other creditors - 2,059
Directors' loan accounts 10,760 9,390
282,663 152,600
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 60,742 -
Other loans 592 590
61,334 590
8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 16,198 -
Later than one year and not later than five years 60,742 -
76,940 -
76,940 -
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 447 447
Page 5
Page 6
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 June 2024 Amounts advanced Amounts repaid Amounts written off As at 31 May 2025
£ £ £ £ £
Mr Stephen Davidson 1,310 - 1,310 - -
The above loan is unsecured, interest free and repayable on demand.
Page 6