Acorah Software Products - Accounts Production 16.5.460 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 05718263 Mr Jack Mason Mr Neil Wilson Mr Michael Catlin Mrs Isabel Wilson Mr Peter Wilson Ms Lisa Cox iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05718263 2024-03-31 05718263 2025-03-31 05718263 2024-04-01 2025-03-31 05718263 frs-core:CurrentFinancialInstruments 2025-03-31 05718263 frs-core:Non-currentFinancialInstruments 2025-03-31 05718263 frs-core:ComputerEquipment 2025-03-31 05718263 frs-core:ComputerEquipment 2024-04-01 2025-03-31 05718263 frs-core:ComputerEquipment 2024-03-31 05718263 frs-core:FurnitureFittings 2025-03-31 05718263 frs-core:FurnitureFittings 2024-04-01 2025-03-31 05718263 frs-core:FurnitureFittings 2024-03-31 05718263 frs-core:PlantMachinery 2025-03-31 05718263 frs-core:PlantMachinery 2024-04-01 2025-03-31 05718263 frs-core:PlantMachinery 2024-03-31 05718263 frs-core:ShareCapital 2025-03-31 05718263 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 05718263 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05718263 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 05718263 frs-bus:SmallEntities 2024-04-01 2025-03-31 05718263 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 05718263 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 05718263 frs-bus:Director1 2024-04-01 2025-03-31 05718263 frs-bus:Director2 2024-04-01 2025-03-31 05718263 frs-bus:Director3 2024-04-01 2025-03-31 05718263 frs-bus:Director4 2024-04-01 2025-03-31 05718263 frs-bus:Director5 2024-04-01 2025-03-31 05718263 frs-bus:Director6 2024-04-01 2025-03-31 05718263 frs-countries:EnglandWales 2024-04-01 2025-03-31 05718263 2023-03-31 05718263 2024-03-31 05718263 2023-04-01 2024-03-31 05718263 frs-core:CurrentFinancialInstruments 2024-03-31 05718263 frs-core:Non-currentFinancialInstruments 2024-03-31 05718263 frs-core:ShareCapital 2024-03-31 05718263 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 05718263
Gable Projects Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Johnston Wood Roach Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05718263
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,499 4,539
8,499 4,539
CURRENT ASSETS
Stocks 5 13,815 -
Debtors 6 1,667,641 1,586,468
Cash at bank and in hand 557,103 289,607
2,238,559 1,876,075
Creditors: Amounts Falling Due Within One Year 7 (1,257,010 ) (928,129 )
NET CURRENT ASSETS (LIABILITIES) 981,549 947,946
TOTAL ASSETS LESS CURRENT LIABILITIES 990,048 952,485
Creditors: Amounts Falling Due After More Than One Year 8 (10,000 ) (150,000 )
PROVISIONS FOR LIABILITIES
Provisions For Charges (29,107 ) (39,465 )
Deferred Taxation (2,125 ) (1,135 )
NET ASSETS 948,816 761,885
CAPITAL AND RESERVES
Called up share capital 9 163 163
Profit and Loss Account 948,653 761,722
SHAREHOLDERS' FUNDS 948,816 761,885
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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 Peter Wilson
Director
15 September 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Gable Projects Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05718263 . The registered office is 17-19 Station Road, Hayling Island, Hampshire, PO11 OEA.
The presentation currency of the financial statements is the Pound Sterling (£).
Accounts are rounded to the nearest pound.
The accounts represent the company as an individual entity.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Significant judgements and estimations
The preparation of financial statements requires the use of estimates and assumptions that affect reported amounts of assets and liabilities at the date of the financial statements, and revenues and expenses during the reporting period. These estimates and assumptions are based on management's best knowledge of the amount, events or actions. Actual results may differ from those amounts.
2.4. 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 from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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.
2.5. 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
Fixtures & Fittings 20% straight line
Computer Equipment 33% straight line
2.6. 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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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 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 14 (2024: 14)
14 14
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 1,624 1,690 13,436 16,750
Additions - - 6,609 6,609
As at 31 March 2025 1,624 1,690 20,045 23,359
Depreciation
As at 1 April 2024 939 1,245 10,027 12,211
Provided during the period 171 166 2,312 2,649
As at 31 March 2025 1,110 1,411 12,339 14,860
Net Book Value
As at 31 March 2025 514 279 7,706 8,499
As at 1 April 2024 685 445 3,409 4,539
5. Stocks
2025 2024
£ £
Work in progress 13,815 -
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,515,852 889,670
Amounts owed by group undertakings - 173,211
Other debtors 151,789 523,587
1,667,641 1,586,468
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 423,954 530,927
Amounts owed to group undertakings 1,289 -
Other creditors 430,820 226,039
Taxation and social security 400,947 171,163
1,257,010 928,129
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Amounts owed to participating interests 10,000 150,000
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 163 163
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