Acorah Software Products - Accounts Production 16.5.460 false true true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 04872230 Mr Robert McKenzie Mr Peter Smale Mr Robert McKenzie iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04872230 2024-01-31 04872230 2025-01-31 04872230 2024-02-01 2025-01-31 04872230 frs-core:CurrentFinancialInstruments 2025-01-31 04872230 frs-core:Non-currentFinancialInstruments 2025-01-31 04872230 frs-core:BetweenOneFiveYears 2025-01-31 04872230 frs-core:FurnitureFittings 2025-01-31 04872230 frs-core:FurnitureFittings 2024-02-01 2025-01-31 04872230 frs-core:FurnitureFittings 2024-01-31 04872230 frs-core:WithinOneYear 2025-01-31 04872230 frs-core:ShareCapital 2025-01-31 04872230 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 04872230 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 04872230 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 04872230 frs-bus:SmallEntities 2024-02-01 2025-01-31 04872230 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 04872230 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 04872230 frs-bus:Director1 2024-02-01 2025-01-31 04872230 frs-bus:Director2 2024-02-01 2025-01-31 04872230 frs-bus:CompanySecretary1 2024-02-01 2025-01-31 04872230 frs-countries:EnglandWales 2024-02-01 2025-01-31 04872230 2023-01-31 04872230 2024-01-31 04872230 2023-02-01 2024-01-31 04872230 frs-core:CurrentFinancialInstruments 2024-01-31 04872230 frs-core:Non-currentFinancialInstruments 2024-01-31 04872230 frs-core:BetweenOneFiveYears 2024-01-31 04872230 frs-core:WithinOneYear 2024-01-31 04872230 frs-core:ShareCapital 2024-01-31 04872230 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 04872230
Excel Office Solutions Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 04872230
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 83,541 92,690
83,541 92,690
CURRENT ASSETS
Stocks 164,119 166,118
Debtors 5 236,944 291,220
Cash at bank and in hand 266 263
401,329 457,601
Creditors: Amounts Falling Due Within One Year 6 (382,615 ) (398,328 )
NET CURRENT ASSETS (LIABILITIES) 18,714 59,273
TOTAL ASSETS LESS CURRENT LIABILITIES 102,255 151,963
Creditors: Amounts Falling Due After More Than One Year 7 (65,388 ) (120,614 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (18,433 ) (16,839 )
NET ASSETS 18,434 14,510
CAPITAL AND RESERVES
Called up share capital 9 102 102
Income Statement 18,332 14,408
SHAREHOLDERS' FUNDS 18,434 14,510
Page 1
Page 2
For the year ending 31 January 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 Income Statement.
On behalf of the board
Mr Peter Smale
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
Excel Office Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04872230 . The registered office is 17-20 Pegholme Mill Wharfebank Mills, Ilkley Road, Otley, West Yorkshire, LS21 3JP.
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
When preparing the financial statements, the directors have made an assessment of the company's ability to continue as a going concern. The company is considered a going concern as the directors have no intention to liquidate the company or to cease trading. In assessing whether the going concern assumption is appropriate, the directors have taken into account all available information about the future, which is at least, but is not limited to, twelve months from the date when the financial statements are authorised for issue.
2.3. 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.
2.4. 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:
Fixtures & Fittings 15% on reducing balance
2.5. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 5)
5 5
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4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 February 2024 164,577
Additions 5,044
As at 31 January 2025 169,621
Depreciation
As at 1 February 2024 71,887
Provided during the period 14,193
As at 31 January 2025 86,080
Net Book Value
As at 31 January 2025 83,541
As at 1 February 2024 92,690
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 179,421 234,328
Amounts owed by participating interests - 10,000
Other debtors 57,523 46,892
236,944 291,220
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 114,993 112,291
Bank loans and overdrafts 79,117 85,743
Other creditors 156,417 177,120
Taxation and social security 32,088 23,174
382,615 398,328
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 65,388 120,614
8. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Other Creditors 68,678 116,319
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9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 102 102
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 15,250 19,406
Later than one year and not later than five years 34,312 49,562
49,562 68,968
11. Directors Advances, Credits and Guarantees
Included within other debtors are the following loans to directors:
Director 1
At start of period - £17,570
Amount advanced - £50,865
Amount repaid - (£17,570)
At end of period - £50,865
The above loan is unsecured, interest free and repayable on demand.
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