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 05740968 Mr Robert Pickles Mrs Sara Pickles Miss Elienor Pickles Miss Zara Pickles iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05740968 2024-03-31 05740968 2025-03-31 05740968 2024-04-01 2025-03-31 05740968 frs-core:Non-currentFinancialInstruments 2025-03-31 05740968 frs-core:FurnitureFittings 2024-04-01 2025-03-31 05740968 frs-core:NetGoodwill 2024-04-01 2025-03-31 05740968 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 05740968 frs-core:MotorVehicles 2024-04-01 2025-03-31 05740968 frs-core:PlantMachinery 2024-04-01 2025-03-31 05740968 frs-core:ShareCapital 2025-03-31 05740968 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 05740968 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05740968 frs-bus:AbridgedAccounts 2024-04-01 2025-03-31 05740968 frs-bus:SmallEntities 2024-04-01 2025-03-31 05740968 frs-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 05740968 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 05740968 frs-bus:Director1 2024-04-01 2025-03-31 05740968 frs-bus:Director2 2024-04-01 2025-03-31 05740968 frs-bus:Director3 2024-04-01 2025-03-31 05740968 frs-bus:Director4 2024-04-01 2025-03-31 05740968 frs-countries:EnglandWales 2024-04-01 2025-03-31 05740968 2023-03-31 05740968 2024-03-31 05740968 2023-04-01 2024-03-31 05740968 frs-core:Non-currentFinancialInstruments 2024-03-31 05740968 frs-core:ShareCapital 2024-03-31 05740968 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 05740968
Elzar Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Company Information 1
Accountant's Report 2
Abridged Balance Sheet 3—4
Notes to the Abridged Financial Statements 5—7
Page 1
Company Information
Directors Mr Robert Pickles
Mrs Sara Pickles
Miss Elienor Pickles
Miss Zara Pickles
Company Number 05740968
Registered Office Pyewipe Inn
Saxilby Road
Lincoln
Lincolnshire
LN1 2BG
Accountants Rooke & Co Accountants Limited
F.M.A.A.T.
Greetwell Place
2 Lime Kiln Way
Lincoln
Lincolnshire
LN2 4US
Page 1
Page 2
Accountant's Report
Report of the Accountant to the directors of Elzar Limited
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2025.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the Balance Sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give “a true and fair view”.
You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Mr CF Rooke
19th September 2025
Rooke & Co Accountants Limited
F.M.A.A.T.
Greetwell Place
2 Lime Kiln Way
Lincoln
Lincolnshire
LN2 4US
Page 2
Page 3
Abridged Balance Sheet
Registered number: 05740968
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 1,582,156 1,631,512
1,582,156 1,631,512
CURRENT ASSETS
Stocks 12,000 8,050
Debtors 78,694 63,619
Cash at bank and in hand 296,847 285,375
387,541 357,044
Creditors: Amounts Falling Due Within One Year (225,437 ) (379,143 )
NET CURRENT ASSETS (LIABILITIES) 162,104 (22,099 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,744,260 1,609,413
Creditors: Amounts Falling Due After More Than One Year (572,552 ) (461,571 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (62,732 ) (60,273 )
NET ASSETS 1,108,976 1,087,569
CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Profit and Loss Account 1,107,976 1,086,569
SHAREHOLDERS' FUNDS 1,108,976 1,087,569
Page 3
Page 4
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.
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 March 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mrs Sara Pickles
Director
19th September 2025
The notes on pages 5 to 7 form part of these financial statements.
Page 4
Page 5
Notes to the Abridged Financial Statements
1. General Information
Elzar Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05740968 . The registered office is Pyewipe Inn, Saxilby Road, Lincoln, Lincolnshire, LN1 2BG.
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.
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.
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 the profit and loss account over its estimated economic life of .... 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:
Freehold 4% Straight line basis
Plant & Machinery 25% Reducing balance basis
Motor Vehicles 25% Reducing balance basis
Fixtures & Fittings 25% Reducing balance basis
2.5. 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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Page 6
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 35 (2024: 30)
35 30
4. Intangible Assets
Total
£
Cost
As at 1 April 2024 10,000
As at 31 March 2025 10,000
Amortisation
As at 1 April 2024 10,000
As at 31 March 2025 10,000
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
Page 6
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5. Tangible Assets
Total
£
Cost
As at 1 April 2024 2,498,612
Additions 56,170
Disposals (237,071 )
As at 31 March 2025 2,317,711
Depreciation
As at 1 April 2024 867,100
Provided during the period 99,307
Disposals (230,852 )
As at 31 March 2025 735,555
Net Book Value
As at 31 March 2025 1,582,156
As at 1 April 2024 1,631,512
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 7