Acorah Software Products - Accounts Production 16.5.460 false true true 31 March 2024 1 April 2023 false 16 October 2025 1 April 2024 31 March 2025 31 March 2025 10237180 Mr Michael Bacon Mrs Gillian Compton Mrs Desni Turvey true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10237180 2024-03-31 10237180 2025-03-31 10237180 2024-04-01 2025-03-31 10237180 frs-core:ShareCapital 2025-03-31 10237180 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10237180 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10237180 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10237180 frs-bus:SmallEntities 2024-04-01 2025-03-31 10237180 frs-bus:Audited 2024-04-01 2025-03-31 10237180 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10237180 1 2024-04-01 2025-03-31 10237180 frs-core:CostValuation 2024-03-31 10237180 frs-core:CostValuation 2025-03-31 10237180 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 10237180 frs-core:ProvisionsForImpairmentInvestments 2025-03-31 10237180 frs-bus:Director1 2024-04-01 2025-03-31 10237180 frs-bus:Director1 2024-03-31 10237180 frs-bus:Director1 2025-03-31 10237180 frs-bus:Director2 2024-04-01 2025-03-31 10237180 frs-bus:Director2 2024-03-31 10237180 frs-bus:Director2 2025-03-31 10237180 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 10237180 frs-countries:EnglandWales 2024-04-01 2025-03-31 10237180 2023-03-31 10237180 2024-03-31 10237180 2023-04-01 2024-03-31 10237180 frs-core:ShareCapital 2024-03-31 10237180 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 10237180
Turvey Group Limited
Financial Statements
For The Year Ended 31 March 2025
Johnston Wood Roach Ltd
Turvey Group Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—4

Page 1
Turvey Group Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 10237180

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investments | 4 |  | 100 |  | 100
|  |  | 100 |  | 100
CURRENT ASSETS
Debtors | 5 | 1,812,315 |  | 1,992,315 |
Cash at bank and in hand |  | 78,201 |  | 477,266 |
|  | 1,890,516 |  | 2,469,581 |
Creditors: Amounts Falling Due Within One Year | 6 | (341,597 ) |  | (340,687 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,548,919 |  | 2,128,894
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,549,019 |  | 2,128,994
NET ASSETS |  |  | 1,549,019 |  | 2,128,994
CAPITAL AND RESERVES
Called up share capital | 7 |  | 100 |  | 100
Profit and Loss Account |  |  | 1,548,919 |  | 2,128,894
SHAREHOLDERS' FUNDS |  |  | 1,549,019 |  | 2,128,994

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

Mrs Gillian Compton Director
16 October 2025

The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Turvey Group Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Turvey Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10237180 . The registered office is 24 Picton House, Hussar Court, Waterlooville, Hampshire, PO7 7SQ.
The presentation currency of the financial statements is the Pound Sterling (£).
Accounts are rounded to the nearest pound.
The accounts represent the company as an individual entity.
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
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Significant judgements and estimations
The preparation of financial statements requires the use of estimates and assumptions that affect reported amounts of assets and liabilities at the date of the financial statements, and revenues and expenses during the reporting period. These estimates and assumptions are based on management's best knowledge of the amount,
events or actions. Actual results may differ from those amounts.
Management do not consider there to be any significant judgements or estimates used in the preparation of these financial statements.
2.4. 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 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.
2.5. 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: NIL (2024: NIL)
- -
Page 2
Page 3
Turvey Group Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
4. Investments

| Subsidiaries
--- | ---
| £
Cost
As at 1 April 2024 | 100
As at 31 March 2025 | 100
Provision
As at 1 April 2024 | -
As at 31 March 2025 | -
Net Book Value
As at 31 March 2025 | 100
As at 1 April 2024 | 100

Investments in subsidiary undertakings are recognised at cost.
5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Amounts owed by group undertakings | 643,062 |  | 823,062
Other debtors | 1,169,253 |  | 1,169,253
| 1,812,315 |  | 1,992,315

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other creditors | 341,597 |  | 340,687

7. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

8. Directors Advances, Credits and Guarantees
The following advances and credits to directors subsisted during the years ended 31 March 2024 and
31 March 2023:

| As at 1 April 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 March 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Peter Turvey | (336,888) | - | - | - | (336,888)
Mr Michael Bacon | 267,956 | - | - | - | 267,956
Mrs Gillian Compton | 663 | - | - | - | 663

The above loan is unsecured, interest free and repayable on demand.
At the balance sheet date, the company owed £68,268 to its Directors.
Page 3
Page 4
Turvey Group Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
9. Related Party Transactions
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
Mr P Turvey is a Director of Turvey Developments Limited and Joinery Solutions Southern Limited. There was an amount due from Turvey Development Ltd at the balance sheet date of £594,882 (2024:£594,882). There was an amount due from Joinery Solutions Southern Ltd at the balance sheet date of £221,087 (2024:£221,087).
Turvey Construction Limited is a subsidiary. There was an amount due from Turvey Construction Ltd at the balance sheet date of £413,137 (2024:£593,137).
Mr M Bacon, a Director, is the ultimate controlling party of HEK Holdings Limited. There was an amount due from HEK Holdings Ltd at the balance sheet date of £229,925 (2024:£229,925).
10. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
11. Ultimate Controlling Party
The controlling party is M T Bacon.
The ultimate parent undertaking and the smallest and largest group to consolidate these financial statements is HEK Holdings Limited. Copies of the HEK Holdings Limited consolidated financial statements can be obtained from 24 Picton House Hussar Court, Waterlooville, Hampshire, United Kingdom, PO7 7SQ.
12. Audit Information
The auditor's report on the accounts of Turvey Group Limited for the year ended 31 March 2025 was unqualified.
The auditor's report was signed by Katie Wood FCA FCCA (Senior Statutory Auditor) for and on behalf of JWR Audit Limited , Statutory Auditor.

JWR Audit Limited 24 Picton House Hussar Court Waterlooville PO7 7SQ

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