Acorah Software Products - Accounts Production 16.5.460 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 10115879 Mr Neil Hodgson Mrs Sarah Hodgson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10115879 2024-04-30 10115879 2025-04-30 10115879 2024-05-01 2025-04-30 10115879 frs-core:CurrentFinancialInstruments 2025-04-30 10115879 frs-core:Non-currentFinancialInstruments 2025-04-30 10115879 frs-core:BetweenOneFiveYears 2025-04-30 10115879 frs-core:ComputerEquipment 2025-04-30 10115879 frs-core:ComputerEquipment 2024-05-01 2025-04-30 10115879 frs-core:ComputerEquipment 2024-04-30 10115879 frs-core:FurnitureFittings 2025-04-30 10115879 frs-core:FurnitureFittings 2024-05-01 2025-04-30 10115879 frs-core:FurnitureFittings 2024-04-30 10115879 frs-core:MotorVehicles 2025-04-30 10115879 frs-core:MotorVehicles 2024-05-01 2025-04-30 10115879 frs-core:MotorVehicles 2024-04-30 10115879 frs-core:WithinOneYear 2025-04-30 10115879 frs-core:ShareCapital 2025-04-30 10115879 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 10115879 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 10115879 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 10115879 frs-bus:SmallEntities 2024-05-01 2025-04-30 10115879 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 10115879 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 10115879 frs-bus:Director1 2024-05-01 2025-04-30 10115879 frs-bus:Director2 2024-05-01 2025-04-30 10115879 frs-countries:EnglandWales 2024-05-01 2025-04-30 10115879 2023-04-30 10115879 2024-04-30 10115879 2023-05-01 2024-04-30 10115879 frs-core:CurrentFinancialInstruments 2024-04-30 10115879 frs-core:Non-currentFinancialInstruments 2024-04-30 10115879 frs-core:BetweenOneFiveYears 2024-04-30 10115879 frs-core:MotorVehicles 2023-05-01 2024-04-30 10115879 frs-core:WithinOneYear 2024-04-30 10115879 frs-core:ShareCapital 2024-04-30 10115879 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 10115879
London Felt Roofing Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
Adams Accountancy
Chartered Accountants
Heritage House, 34b North Cray Road
Bexley
Kent
DA5 3LZ
London Felt Roofing Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
London Felt Roofing Limited
Balance Sheet
As At 30 April 2025
Balance Sheet
Registered number: 10115879

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 54,491 |  | 44,091
|  |  | 54,491 |  | 44,091
CURRENT ASSETS
Stocks | 5 | 10,000 |  | 10,000 |
Debtors | 6 | 963,154 |  | 659,306 |
Cash at bank and in hand |  | 369,792 |  | 214,450 |
|  | 1,342,946 |  | 883,756 |
Creditors: Amounts Falling Due Within One Year | 7 | (454,861 ) |  | (462,569 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 888,085 |  | 421,187
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 942,576 |  | 465,278
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (40,264 ) |  | (41,472 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (13,623 ) |  | (11,023 )
NET ASSETS |  |  | 888,689 |  | 412,783
CAPITAL AND RESERVES
Called up share capital | 10 |  | 101 |  | 101
Profit and Loss Account |  |  | 888,588 |  | 412,682
SHAREHOLDERS' FUNDS |  |  | 888,689 |  | 412,783

Page 1
Page 2
London Felt Roofing Limited
Balance Sheet (continued)
As At 30 April 2025
For the year ending 30 April 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 Neil Hodgson Director
14/10/2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
London Felt Roofing Limited
Notes to the Financial Statements
For The Year Ended 30 April 2025
Notes to the Financial Statements
1. General Information
London Felt Roofing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10115879 . The registered office is Unit F18 Birch House Business Centre, Fraser Road Birch Walk, Erith, Kent, DA8 1QX.
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. Significant judgements and estimations
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
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 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.
2.4. 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:

Motor Vehicles | 25% Straight Line
Fixtures & Fittings | 25% Straight Line
Computer Equipment | 25% Straight Line

2.5. 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 company. 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.
2.6. 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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London Felt Roofing Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
2.7. Financial Instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest or a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
2.8. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 4)
5 4
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London Felt Roofing Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
4. Tangible Assets

| Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 May 2024 | 84,173 | 4,017 | 19,809 | 107,999
Additions | 24,893 | 2,226 | 8,465 | 35,584
As at 30 April 2025 | 109,066 | 6,243 | 28,274 | 143,583
Depreciation
As at 1 May 2024 | 50,893 | 2,250 | 10,765 | 63,908
Provided during the period | 17,317 | 1,267 | 6,600 | 25,184
As at 30 April 2025 | 68,210 | 3,517 | 17,365 | 89,092
Net Book Value
As at 30 April 2025 | 40,856 | 2,726 | 10,909 | 54,491
As at 1 May 2024 | 33,280 | 1,767 | 9,044 | 44,091

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Motor Vehicles | 40,856 |  | 33,280

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 10,000 |  | 10,000

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 702,548 |  | 588,975
Other debtors | 260,606 |  | 70,331
| 963,154 |  | 659,306

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 12,391 |  | 7,810
Trade creditors | 372,040 |  | 323,862
Bank loans and overdrafts | 12,213 |  | 22,232
Other creditors | 3,458 |  | 12,050
Taxation and social security | 54,759 |  | 96,615
| 454,861 |  | 462,569

Page 5
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London Felt Roofing Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 38,597 |  | 29,805
Bank loans | 1,667 |  | 11,667
| 40,264 |  | 41,472

9. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 12,391 |  | 7,810
Later than one year and not later than five years | 38,597 |  | 29,805
| 50,988 |  | 37,615
| 50,988 |  | 37,615

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 101 |  | 101

11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Not later than one year | 5,059 |  | -
Later than one year and not later than five years | 169 |  | -
| 5,228 |  | -

12. Related Party Transactions
At 30 April 2025 the company owed the directors £nil (2024: £23). This loan is interest free and repayable on demand.
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