Acorah Software Products - Accounts Production 16.4.675 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 00841839 Mr K Hillier Mrs J Hillier Mr C Hillier Mrs S Hillier Mrs S Hillier iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00841839 2024-03-31 00841839 2025-03-31 00841839 2024-04-01 2025-03-31 00841839 frs-core:CurrentFinancialInstruments 2025-03-31 00841839 frs-core:Non-currentFinancialInstruments 2025-03-31 00841839 frs-core:ComputerEquipment 2024-04-01 2025-03-31 00841839 frs-core:FurnitureFittings 2024-04-01 2025-03-31 00841839 frs-core:NetGoodwill 2025-03-31 00841839 frs-core:NetGoodwill 2024-04-01 2025-03-31 00841839 frs-core:NetGoodwill 2024-03-31 00841839 frs-core:InvestmentPropertyIncludedWithinPPE 2025-03-31 00841839 frs-core:InvestmentPropertyIncludedWithinPPE 2024-04-01 2025-03-31 00841839 frs-core:InvestmentPropertyIncludedWithinPPE 2024-03-31 00841839 frs-core:LandBuildings 2025-03-31 00841839 frs-core:LandBuildings 2024-04-01 2025-03-31 00841839 frs-core:LandBuildings 2024-03-31 00841839 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 00841839 frs-core:MotorVehicles 2024-04-01 2025-03-31 00841839 frs-core:PlantMachinery 2025-03-31 00841839 frs-core:PlantMachinery 2024-04-01 2025-03-31 00841839 frs-core:PlantMachinery 2024-03-31 00841839 frs-core:ShareCapital 2025-03-31 00841839 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 00841839 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 00841839 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 00841839 frs-bus:SmallEntities 2024-04-01 2025-03-31 00841839 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 00841839 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 00841839 frs-bus:Director1 2024-04-01 2025-03-31 00841839 frs-bus:Director2 2024-04-01 2025-03-31 00841839 frs-bus:Director3 2024-04-01 2025-03-31 00841839 frs-bus:Director4 2024-04-01 2025-03-31 00841839 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 00841839 1 2024-04-01 2025-03-31 00841839 frs-countries:EnglandWales 2024-04-01 2025-03-31 00841839 2023-03-31 00841839 2024-03-31 00841839 2023-04-01 2024-03-31 00841839 frs-core:CurrentFinancialInstruments 2024-03-31 00841839 frs-core:Non-currentFinancialInstruments 2024-03-31 00841839 frs-core:ShareCapital 2024-03-31 00841839 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 00841839 1 2023-04-01 2024-03-31
Registered number: 00841839
G. Knights & Son (Lowestoft) Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 00841839
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 11,704 25,750
Tangible Assets 5 4,691,090 4,695,906
4,702,794 4,721,656
CURRENT ASSETS
Debtors 6 1,916 13,874
Cash at bank and in hand 82,323 81,845
84,239 95,719
Creditors: Amounts Falling Due Within One Year 7 (60,119 ) (62,414 )
NET CURRENT ASSETS (LIABILITIES) 24,120 33,305
TOTAL ASSETS LESS CURRENT LIABILITIES 4,726,914 4,754,961
Creditors: Amounts Falling Due After More Than One Year 8 - (30,851 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (778,793 ) (778,412 )
NET ASSETS 3,948,121 3,945,698
CAPITAL AND RESERVES
Called up share capital 10 250 250
Profit and Loss Account 3,947,871 3,945,448
SHAREHOLDERS' FUNDS 3,948,121 3,945,698
Page 1
Page 2
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 K Hillier
Director
Mrs J Hillier
Director
15 September 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
G. Knights & Son (Lowestoft) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00841839 . The registered office is 51 Wollaston Road, Lowestoft, NR32 2PE.
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.

2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 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 10%
Plant & Machinery reducing balance 25%
Motor Vehicles reducing balance 20%
Fixtures & Fittings reducing balance 10%
Computer Equipment reducing balance 33%
2.5. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
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 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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Employees 6 6
6 6
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 140,453
As at 31 March 2025 140,453
Amortisation
As at 1 April 2024 114,703
Provided during the period 14,046
As at 31 March 2025 128,749
Net Book Value
As at 31 March 2025 11,704
As at 1 April 2024 25,750
5. Tangible Assets
Land & Buildings Investment Properties Plant & Machinery etc. Total
£ £ £ £
Cost
As at 1 April 2024 48,925 4,665,000 67,404 4,781,329
Additions - - 6,215 6,215
As at 31 March 2025 48,925 4,665,000 73,619 4,787,544
Depreciation
As at 1 April 2024 35,879 - 49,544 85,423
Provided during the period 4,892 - 6,139 11,031
As at 31 March 2025 40,771 - 55,683 96,454
Net Book Value
As at 31 March 2025 8,154 4,665,000 17,936 4,691,090
As at 1 April 2024 13,046 4,665,000 17,860 4,695,906
Mr C Hillier, a director, revalued the properties as at 31 March 2025 and this valuation was on the basis of the open market value. Mr C Hillier is not independent of the company, but has many years experience in the property sector.
Page 4
Page 5
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,384 2,666
Other debtors 532 11,208
1,916 13,874
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 2,564 1,327
Bank loans and overdrafts - 21,480
Other creditors 45,638 25,163
Taxation and social security 11,917 14,444
60,119 62,414
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 30,851
9. Secured Creditors
The mortgages are secured on properties owned by the company.
2025 2024
£ £
Bank loans and overdrafts - 52,331
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 250 250
Page 5