Acorah Software Products - Accounts Production 16.5.460 false true 30 June 2023 1 July 2022 false 8 September 2025 1 July 2023 31 December 2024 31 December 2024 10188053 Mr Olivier Esquenet Comelog International NV 8500, Kortrijk, Spinnerijkaai (Kor), 45, 203, Belgium true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10188053 2023-06-30 10188053 2024-12-31 10188053 2023-07-01 2024-12-31 10188053 frs-core:WithinOneYear 2024-12-31 10188053 frs-core:ShareCapital 2024-12-31 10188053 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10188053 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-12-31 10188053 frs-bus:AbridgedAccounts 2023-07-01 2024-12-31 10188053 frs-bus:SmallEntities 2023-07-01 2024-12-31 10188053 frs-bus:Audited 2023-07-01 2024-12-31 10188053 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-12-31 10188053 1 2023-07-01 2024-12-31 10188053 frs-core:AdditionsToInvestments 2024-12-31 10188053 frs-core:CostValuation 2024-12-31 10188053 frs-bus:Director1 2023-07-01 2024-12-31 10188053 frs-countries:EnglandWales 2023-07-01 2024-12-31 10188053 2022-06-30 10188053 2023-06-30 10188053 2022-07-01 2023-06-30 10188053 frs-core:WithinOneYear 2023-06-30 10188053 frs-core:ShareCapital 2023-06-30 10188053 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 10188053
FE Mottram Ltd.
ABRIDGED Financial Statements
For the Period 1 July 2023 to 31 December 2024
Contents
Page
Abridged Balance Sheet 1
Notes to the Abridged Financial Statements 2—6
Page 1
Abridged Balance Sheet
Registered number: 10188053
31 December 2024 30 June 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 6 35,039 62,445
Investments 7 1 -
35,040 62,445
CURRENT ASSETS
Stocks 1,548,415 1,450,960
Debtors 3,192,935 2,109,171
Cash at bank and in hand 642,708 440,709
5,384,058 4,000,840
Creditors: Amounts Falling Due Within One Year (3,106,744 ) (1,146,517 )
NET CURRENT ASSETS (LIABILITIES) 2,277,314 2,854,323
TOTAL ASSETS LESS CURRENT LIABILITIES 2,312,354 2,916,768
NET ASSETS 2,312,354 2,916,768
CAPITAL AND RESERVES
Called up share capital 335,000 335,000
Profit and Loss Account 1,977,354 2,581,768
SHAREHOLDERS' FUNDS 2,312,354 2,916,768
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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Olivier Esquenet
Director
27 August 2025
The notes on pages 2 to 6 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
FE Mottram Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 10188053 . The registered office is Oakes Green, Stevenson Way, Sheffield, S9 3WS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all of the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with the 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.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that, as disclosed in the accounting policies, certain items are shown at fair value.


2.2. Turnover
Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of sales value added tax, returns, rebates and discounts.

The company recognises revenue when:

The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

2.3. Foreign Currencies
Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retrranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not re-translated.
2.4. Taxation
The tax expense for the period comprises tax currently payable and deferred tax. Tax is recognised in profit or loss except that a change attributable to an item of income or expense recognised as other comprehensive is also recognised directly in other comprehensive income
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets is reviewed at each reporting period and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.


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2.5. Other Accounting Policies
Tangible assets
Tangible fixed assets are stated in the statement of financial position at cost less any subsequent accumulated depreciation and subsequent accumulated impairment losses. 
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction, over their expected useful lives on the following bases:
Asset class - Depreciation method and rate
Plant & machinery - 20 - 33% straight line
Motor vehicles - 25% reducing balance
Freehold land and buildings - No depreciation
Goodwill
Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company's interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued at the closing rate at each reporting date. Goodwill is amortised over its useful life which shall not exceed ten years if a reliable estimate of the useful life cannot be made.
Amortisation
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:
Asset class - Amortisation method and rate
Goodwill - 25% straight line
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand, call deposits and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date stocks are assessed for impairment. If stocks are impaired the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right at the end of the reporting period to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
...CONTINUED
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2.5. Other Accounting Policies - continued
Borrowings
Interest-bearing borrowings are initially recorded at fair value net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost with the difference between proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss account over the period of the relevant borrowing. 
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable net of the direct costs of issuing equity instruments. If payment is deferred and the time value of money is material the initial measurement is on a present value basis.
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service the excess is recognised as a prepayment.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 4 (2023: 4)
4 4
4. Interest Payable and Similar Charges
31 December 2024 30 June 2023
£ £
Bank loans and overdrafts 82,786 23,025
Other finance charges 71,413 (85,591 )
154,199 (62,566)
Included in other finance charges is £11,180 interest paid to group undertakings.
5. Intangible Assets
Total
£
Cost
As at 1 July 2023 7
As at 31 December 2024 7
Amortisation
As at 1 July 2023 7
As at 31 December 2024 7
Net Book Value
As at 31 December 2024 -
As at 1 July 2023 -
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6. Tangible Assets
Total
£
Cost
As at 1 July 2023 567,430
Additions 14,293
As at 31 December 2024 581,723
Depreciation
As at 1 July 2023 504,985
Provided during the period 41,699
As at 31 December 2024 546,684
Net Book Value
As at 31 December 2024 35,039
As at 1 July 2023 62,445
7. Investments
Total
£
Cost
As at 1 July 2023 -
Additions 1
As at 31 December 2024 1
Provision
As at 1 July 2023 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 1
As at 1 July 2023 -
The director does not consider that any provision for impairment or depreciation of the investment in its subsidiary is necessary at 31st December 2024.
8. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
31 December 2024 30 June 2023
£ £
Not later than one year 1,000 12,040
1,000 12,040
The operating leases relate to rental of office premises (2023: rental of office premises and vehicle rental).
9. Related Party Transactions
As FE Mottram Ltd is a wholly owned subsidiary of Comelog International NV, the director has relied on paragraph 33.1A of FRS 102 not to disclose related party transactions between the two companies in the year.
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10. Ultimate Parent Undertaking and Controlling Party
Parent entity not preparing group accounts
FE Mottram is exempt from the obligation to prepare and deliver group accounts because it is, itself, a wholly owned subsidiary.
Parent undertaking which draws up group accounts
The parent undertaking which draws up group accounts is Comelog International NV, whose registered office is 8500, Kortrijk, Spinnerijkaai (Kor), 45, 203, Belgium.
Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Comelog International NV . Comelog International NV was incorporated in Belgium. Copies of the group accounts may be obtained from the secretary at Comelog International NV's registered address, 8500, Kortrijk, Spinnerijkaai (Kor), 45, 203, Belgium . The ultimate controlling party is Comelog International NV who controls 100% of the shares of FE Mottram Ltd. .
11. Change of reporting period end
The company's end of reporting period has changed from 30 June to 31 December with effect from 1 July 2023.
Thus, the annual financial statements are presented for a period of 18 months to 31st December 2024.
This change has arisen so that the results of the company are co-terminous with the group of which it is a member and to which it contributes to group consolidated accounts.
It should be noted, therefore, that beacuse the company is reporting on a period of 18 months in these financial statements, the comparative amounts presented therein, including the related notes, are not entirely comparible.
12. Audit Information
The auditor's report on the accounts of FE Mottram Ltd. for the period ended 31 December 2024 was unqualified.
FE Mottram Ltd has paid fees of £8,250 (2023: £5,300) to Langers MN Limited in respect of the audit of the company for the period to 31st December 2024.
The auditor's report was signed by Mr Steven Nixon FCCA (Senior Statutory Auditor) for and on behalf of Langers MN Limited , Statutory Auditor.
Langers MN Limited
Chartered Certified Accountant & Statutory Auditor
8 - 10 Gatley Road
Cheadle
Cheshire
SK8 1PY
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