Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 02240394 Mr Richard Blant Mrs Julia Blant Mr Simon Blant Mr Simon Blant Mrs Annemarie Blant Mrs Julia Blant iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02240394 2024-03-31 02240394 2025-03-31 02240394 2024-04-01 2025-03-31 02240394 frs-core:CurrentFinancialInstruments 2025-03-31 02240394 frs-core:ComputerEquipment 2025-03-31 02240394 frs-core:ComputerEquipment 2024-04-01 2025-03-31 02240394 frs-core:ComputerEquipment 2024-03-31 02240394 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 02240394 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 02240394 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 02240394 frs-core:MotorVehicles 2025-03-31 02240394 frs-core:MotorVehicles 2024-04-01 2025-03-31 02240394 frs-core:MotorVehicles 2024-03-31 02240394 frs-core:PlantMachinery 2025-03-31 02240394 frs-core:PlantMachinery 2024-04-01 2025-03-31 02240394 frs-core:PlantMachinery 2024-03-31 02240394 frs-core:WithinOneYear 2025-03-31 02240394 frs-core:ShareCapital 2025-03-31 02240394 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 02240394 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 02240394 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 02240394 frs-bus:SmallEntities 2024-04-01 2025-03-31 02240394 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 02240394 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 02240394 frs-bus:Director1 2024-04-01 2025-03-31 02240394 frs-bus:Director2 2024-04-01 2025-03-31 02240394 frs-bus:Director3 2024-04-01 2025-03-31 02240394 frs-bus:Director4 2024-04-01 2025-03-31 02240394 frs-bus:Director5 2024-04-01 2025-03-31 02240394 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 02240394 frs-core:CurrentFinancialInstruments 1 2025-03-31 02240394 frs-countries:EnglandWales 2024-04-01 2025-03-31 02240394 2023-03-31 02240394 2024-03-31 02240394 2023-04-01 2024-03-31 02240394 frs-core:CurrentFinancialInstruments 2024-03-31 02240394 frs-core:WithinOneYear 2024-03-31 02240394 frs-core:ShareCapital 2024-03-31 02240394 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 02240394 frs-core:CurrentFinancialInstruments 1 2024-03-31
Registered number: 02240394
Beechmast Limited
Financial Statements
For The Year Ended 31 March 2025
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 02240394
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 258,971 297,593
258,971 297,593
CURRENT ASSETS
Stocks 4 3,000 2,500
Debtors 5 100,519 62,552
Cash at bank and in hand 40,730 210
144,249 65,262
Creditors: Amounts Falling Due Within One Year 6 (95,460 ) (121,000 )
NET CURRENT ASSETS (LIABILITIES) 48,789 (55,738 )
TOTAL ASSETS LESS CURRENT LIABILITIES 307,760 241,855
PROVISIONS FOR LIABILITIES
Deferred Taxation (28,802 ) (15,900 )
NET ASSETS 278,958 225,955
CAPITAL AND RESERVES
Called up share capital 8 80,001 80,001
Profit and Loss Account 198,957 145,954
SHAREHOLDERS' FUNDS 278,958 225,955
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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
Mr Richard Blant
Director
4 August 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.
1.3. 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:
Leasehold No depreciation applied
Plant & Machinery 10% and 20% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 33.33% reducing balance
1.4. 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.
1.5. 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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1.6. 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 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. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 3 (2024: 2)
3 2
3. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 51,156 747,626 47,769 10,016 856,567
As at 31 March 2025 51,156 747,626 47,769 10,016 856,567
Depreciation
As at 1 April 2024 - 504,086 45,164 9,724 558,974
Provided during the period - 37,874 651 97 38,622
As at 31 March 2025 - 541,960 45,815 9,821 597,596
Net Book Value
As at 31 March 2025 51,156 205,666 1,954 195 258,971
As at 1 April 2024 51,156 243,540 2,605 292 297,593
4. Stocks
2025 2024
£ £
Stock 3,000 2,500
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5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 31,013 42,552
Beechmast (Services) Ltd 40,506 -
Afterdate invoices 29,000 20,000
100,519 62,552
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 26,114 39,739
Trade creditors - 1
Bank loans and overdrafts - 5,113
PAYE and NIC 895 746
VAT 10,369 8,638
Beechmast (Services) Limited - 7,994
Accruals and deferred income 1,900 1,900
Directors' loan accounts 56,182 56,869
95,460 121,000
7. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The maturity of these amounts is as follows:
Within one year 26,114 39,739
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 80,001 80,001
9. General Information
Beechmast Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02240394 . The registered office is 550 Valley Road, Basford, Nottinghamshire, NG5 1JJ.
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