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 07228282 Mr Peter Boyle Mrs Sarah Corneille iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07228282 2024-03-31 07228282 2025-03-31 07228282 2024-04-01 2025-03-31 07228282 frs-core:CurrentFinancialInstruments 2025-03-31 07228282 frs-core:BetweenOneFiveYears 2025-03-31 07228282 frs-core:ComputerEquipment 2024-04-01 2025-03-31 07228282 frs-core:FurnitureFittings 2025-03-31 07228282 frs-core:FurnitureFittings 2024-04-01 2025-03-31 07228282 frs-core:FurnitureFittings 2024-03-31 07228282 frs-core:PlantMachinery 2025-03-31 07228282 frs-core:PlantMachinery 2024-04-01 2025-03-31 07228282 frs-core:PlantMachinery 2024-03-31 07228282 frs-core:WithinOneYear 2025-03-31 07228282 frs-core:ShareCapital 2025-03-31 07228282 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07228282 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07228282 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 07228282 frs-bus:SmallEntities 2024-04-01 2025-03-31 07228282 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07228282 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07228282 frs-bus:Director1 2024-04-01 2025-03-31 07228282 frs-bus:Director2 2024-04-01 2025-03-31 07228282 frs-countries:EnglandWales 2024-04-01 2025-03-31 07228282 2023-03-31 07228282 2024-03-31 07228282 2023-04-01 2024-03-31 07228282 frs-core:CurrentFinancialInstruments 2024-03-31 07228282 frs-core:BetweenOneFiveYears 2024-03-31 07228282 frs-core:WithinOneYear 2024-03-31 07228282 frs-core:ShareCapital 2024-03-31 07228282 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 07228282
Adept Field Solutions Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
A Shaw & Co. Ltd
1 The Pavement
Bushy Park Road
Teddington
TW11 9JE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07228282
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,614 4,538
1,614 4,538
CURRENT ASSETS
Debtors 5 628,409 469,589
Cash at bank and in hand 105,807 313,868
734,216 783,457
Creditors: Amounts Falling Due Within One Year 6 (296,370 ) (375,356 )
NET CURRENT ASSETS (LIABILITIES) 437,846 408,101
TOTAL ASSETS LESS CURRENT LIABILITIES 439,460 412,639
PROVISIONS FOR LIABILITIES
Deferred Taxation (307 ) (862 )
NET ASSETS 439,153 411,777
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 439,053 411,677
SHAREHOLDERS' FUNDS 439,153 411,777
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 Peter Boyle
Director
10th October 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
Adept Field Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07228282 . The registered office is TownSq Kingston, 3 Bucklands Wharf, Kingston Upon Thames, KT1 1TF.
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. 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% to 33.33%
Fixtures & Fittings 20%
Computer Equipment 25% to 33.33%
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the lessee. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the Profit and Loss Account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the Profit and Loss Account as incurred.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Page 3
Page 4
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 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.7. Pensions
The Company operates a defined contribution pension scheme. Contributions are charged to the Profit and Loss Account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 16 (2024: 15)
16 15
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2024 48,967 4,600 53,567
Additions 500 - 500
As at 31 March 2025 49,467 4,600 54,067
Depreciation
As at 1 April 2024 44,429 4,600 49,029
Provided during the period 3,424 - 3,424
As at 31 March 2025 47,853 4,600 52,453
Net Book Value
As at 31 March 2025 1,614 - 1,614
As at 1 April 2024 4,538 - 4,538
Page 4
Page 5
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 473,957 316,619
Amounts owed by participating interests 76,998 57,611
Other debtors 77,454 95,359
628,409 469,589
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 47,162 25,983
Amounts owed to participating interests 5,335 -
Other creditors 176,324 157,532
Taxation and social security 67,549 191,841
296,370 375,356
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
8. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 22,478 26,142
Later than one year and not later than five years 15,233 3,064
37,711 29,206
Page 5