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 05026555 G S Wickham C L Wickham iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05026555 2024-03-31 05026555 2025-03-31 05026555 2024-04-01 2025-03-31 05026555 frs-core:CurrentFinancialInstruments 2025-03-31 05026555 frs-core:BetweenOneFiveYears 2025-03-31 05026555 frs-core:ComputerEquipment 2024-04-01 2025-03-31 05026555 frs-core:FurnitureFittings 2024-04-01 2025-03-31 05026555 frs-core:NetGoodwill 2025-03-31 05026555 frs-core:NetGoodwill 2024-04-01 2025-03-31 05026555 frs-core:NetGoodwill 2024-03-31 05026555 frs-core:LandBuildings 2025-03-31 05026555 frs-core:LandBuildings 2024-04-01 2025-03-31 05026555 frs-core:LandBuildings 2024-03-31 05026555 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 05026555 frs-core:MotorVehicles 2024-04-01 2025-03-31 05026555 frs-core:PlantMachinery 2025-03-31 05026555 frs-core:PlantMachinery 2024-04-01 2025-03-31 05026555 frs-core:PlantMachinery 2024-03-31 05026555 frs-core:WithinOneYear 2025-03-31 05026555 frs-core:ShareCapital 2025-03-31 05026555 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 05026555 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05026555 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 05026555 frs-bus:SmallEntities 2024-04-01 2025-03-31 05026555 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 05026555 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 05026555 frs-core:UnlistedNon-exchangeTraded 2025-03-31 05026555 frs-core:UnlistedNon-exchangeTraded 2024-03-31 05026555 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 05026555 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 05026555 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 05026555 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 05026555 frs-bus:Director1 2024-04-01 2025-03-31 05026555 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 05026555 frs-countries:EnglandWales 2024-04-01 2025-03-31 05026555 2023-03-31 05026555 2024-03-31 05026555 2023-04-01 2024-03-31 05026555 frs-core:CurrentFinancialInstruments 2024-03-31 05026555 frs-core:BetweenOneFiveYears 2024-03-31 05026555 frs-core:WithinOneYear 2024-03-31 05026555 frs-core:ShareCapital 2024-03-31 05026555 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 05026555
George Wickham Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
George Wickham Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—7

Page 1
George Wickham Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 05026555

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | - |  | 37,624
Tangible Assets | 5 |  | 231,308 |  | 276,983
Investments | 6 |  | 642,026 |  | 642,026
|  |  | 873,334 |  | 956,633
CURRENT ASSETS
Stocks |  | 156,460 |  | 153,087 |
Debtors | 7 | 448,982 |  | 493,652 |
Cash at bank and in hand |  | 1,484,623 |  | 1,231,740 |
|  | 2,090,065 |  | 1,878,479 |
Creditors: Amounts Falling Due Within One Year | 8 | (728,700 ) |  | (672,747 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,361,365 |  | 1,205,732
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,234,699 |  | 2,162,365
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (51,996 ) |  | (62,361 )
NET ASSETS |  |  | 2,182,703 |  | 2,100,004
CAPITAL AND RESERVES
Called up share capital | 9 |  | 1,000 |  | 1,000
Profit and Loss Account |  |  | 2,181,703 |  | 2,099,004
SHAREHOLDERS' FUNDS |  |  | 2,182,703 |  | 2,100,004

Page 1
Page 2
George Wickham Limited
Balance Sheet (continued)
As At 31 March 2025
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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

G S Wickham Director
26 September 2025

The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
George Wickham Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
George Wickham Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05026555 . The registered office is Luxtons The Pharmacy 67 Cowick Street, St Thomas, Exeter, Devon, EX4 1HW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Preparation of consolidated financial statements
The financial statements contain information about George Wickham Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and value added taxes. Turnover includes revenue earned from the sale of goods and services.
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 profit and loss account over its estimated economic life of 20 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:

Leasehold | 10% on cost
Plant & Machinery | 15% reducing balance
Motor Vehicles | 25% reducing balance
Fixtures & Fittings | 15% reducing balance
Computer Equipment | 3 years straight line

2.5. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and 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 profit and loss account as incurred.
Page 3
Page 4
George Wickham Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
2.6. Stocks and Work in Progress
Stocks is valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
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 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.
2.8. Pensions
The company operates a defined pension contribution 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: 30 (2024: 29)
30 29
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 April 2024 | 761,644
As at 31 March 2025 | 761,644

...CONTINUED
Page 4
Page 5
George Wickham Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025

Amortisation
As at 1 April 2024 | 724,020
Provided during the period | 37,624
As at 31 March 2025 | 761,644
Net Book Value
As at 31 March 2025 | -
As at 1 April 2024 | 37,624

5. Tangible Assets

| Land & Buildings | Plant & Machinery etc. | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 April 2024 | 201,744 | 869,663 | 1,071,407
Additions | - | 526 | 526
As at 31 March 2025 | 201,744 | 870,189 | 1,071,933
Depreciation
As at 1 April 2024 | 186,114 | 608,310 | 794,424
Provided during the period | 2,074 | 44,127 | 46,201
As at 31 March 2025 | 188,188 | 652,437 | 840,625
Net Book Value
As at 31 March 2025 | 13,556 | 217,752 | 231,308
As at 1 April 2024 | 15,630 | 261,353 | 276,983

6. Investments

| Unlisted
--- | ---
| £
Cost or Valuation
As at 1 April 2024 | 642,026
As at 31 March 2025 | 642,026
Provision
As at 1 April 2024 | -
As at 31 March 2025 | -
Net Book Value
As at 31 March 2025 | 642,026
As at 1 April 2024 | 642,026

Page 5
Page 6
George Wickham Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
Investments are carried at cost and represent holdings in group undertakings and participating interests.
7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 315,963 |  | 301,952
Amounts owed by participating interests | - |  | 77,076
Other debtors | 133,019 |  | 114,624
| 448,982 |  | 493,652

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 476,007 |  | 463,406
Amounts owed to group undertakings | 118,027 |  | 123,727
Amounts owed to participating interests | 6,395 |  | 6,395
Other creditors | 20,941 |  | 20,910
Taxation and social security | 107,330 |  | 58,309
| 728,700 |  | 672,747

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1,000 |  | 1,000

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 | 32,000 |  | 7,000
Later than one year and not later than five years | 50,000 |  | -
| 82,000 |  | 7,000

Page 6
Page 7
George Wickham Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
11. Related Party Transactions
Loans subsisted during the year between the company and its subsidiaries and associated companies as follows:
Amounts loaned to other group companies during the year £12,784 (2024 - £97,890)
Amounts repaid by other companies during the year £84,161 (2024 - £124,929)
Balances owed to the company as at the balance sheet date £0 (2024 - £77,076)
Balances owed to other group companies as at the balance sheet date £124,422 (2024 - £130,122)
The loans are unsecured, interest free and repayable on demand.
Page 7