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 04874955 Mr Michael Bacon Mrs Gillian Compton Mrs Desni Turvey M T Bacon 24 Picton House, Hussar Court, Westside View, Waterlooville, PO7 7SQ false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04874955 2024-03-31 04874955 2025-03-31 04874955 2024-04-01 2025-03-31 04874955 frs-core:CurrentFinancialInstruments 2025-03-31 04874955 frs-core:BetweenOneFiveYears 2025-03-31 04874955 frs-core:ComputerEquipment 2025-03-31 04874955 frs-core:ComputerEquipment 2024-04-01 2025-03-31 04874955 frs-core:ComputerEquipment 2024-03-31 04874955 frs-core:FurnitureFittings 2025-03-31 04874955 frs-core:FurnitureFittings 2024-04-01 2025-03-31 04874955 frs-core:FurnitureFittings 2024-03-31 04874955 frs-core:MotorVehicles 2025-03-31 04874955 frs-core:MotorVehicles 2024-04-01 2025-03-31 04874955 frs-core:MotorVehicles 2024-03-31 04874955 frs-core:WithinOneYear 2025-03-31 04874955 frs-core:ShareCapital 2025-03-31 04874955 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 04874955 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04874955 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 04874955 frs-bus:SmallEntities 2024-04-01 2025-03-31 04874955 frs-bus:Audited 2024-04-01 2025-03-31 04874955 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04874955 1 2024-04-01 2025-03-31 04874955 frs-bus:Director1 2024-04-01 2025-03-31 04874955 frs-bus:Director2 2024-04-01 2025-03-31 04874955 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 04874955 frs-countries:EnglandWales 2024-04-01 2025-03-31 04874955 2023-03-31 04874955 2024-03-31 04874955 2023-04-01 2024-03-31 04874955 frs-core:CurrentFinancialInstruments 2024-03-31 04874955 frs-core:BetweenOneFiveYears 2024-03-31 04874955 frs-core:WithinOneYear 2024-03-31 04874955 frs-core:ShareCapital 2024-03-31 04874955 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 04874955
Turvey Construction Limited
Financial Statements
For The Year Ended 31 March 2025
Johnston Wood Roach Ltd
Turvey Construction Limited
Contents
Contents

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

Page 1
Turvey Construction Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 04874955

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 282,258 |  | 232,373
|  |  | 282,258 |  | 232,373
CURRENT ASSETS
Debtors | 5 | 3,035,949 |  | 3,773,778 |
Cash at bank and in hand |  | 371,053 |  | 1,177,048 |
|  | 3,407,002 |  | 4,950,826 |
Creditors: Amounts Falling Due Within One Year | 6 | (1,812,069 ) |  | (3,238,124 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,594,933 |  | 1,712,702
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,877,191 |  | 1,945,075
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (33,214 ) |  | (18,265 )
NET ASSETS |  |  | 1,843,977 |  | 1,926,810
CAPITAL AND RESERVES
Called up share capital | 8 |  | 101 |  | 101
Profit and Loss Account |  |  | 1,843,876 |  | 1,926,709
SHAREHOLDERS' FUNDS |  |  | 1,843,977 |  | 1,926,810

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 Construction Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Turvey Construction Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04874955 . 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. 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.
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% on reducing balance
Fixtures & Fittings | 20% on reducing balance
Computer Equipment | 25% on reducing balance

2.5. 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.
Page 2
Page 3
Turvey Construction Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2024: 11)
11 11
4. Tangible Assets

| Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 April 2024 | 474,602 | 24,589 | 8,419 | 507,610
Additions | 135,026 | 1,937 | 2,985 | 139,948
Disposals | (64,295 ) | - | - | (64,295 )
As at 31 March 2025 | 545,333 | 26,526 | 11,404 | 583,263
Depreciation
As at 1 April 2024 | 257,459 | 12,461 | 5,317 | 275,237
Provided during the period | 57,652 | 2,813 | 1,522 | 61,987
Disposals | (36,219 ) | - | - | (36,219 )
As at 31 March 2025 | 278,892 | 15,274 | 6,839 | 301,005
Net Book Value
As at 31 March 2025 | 266,441 | 11,252 | 4,565 | 282,258
As at 1 April 2024 | 217,143 | 12,128 | 3,102 | 232,373

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 2,741,994 |  | 3,277,981
Other debtors | 293,955 |  | 495,797
| 3,035,949 |  | 3,773,778

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 779,978 |  | 1,495,709
Amounts owed to group undertakings | 413,137 |  | 593,137
Other creditors | 66,788 |  | 188,599
Taxation and social security | 552,166 |  | 960,679
| 1,812,069 |  | 3,238,124

7. Secured Creditors
Barclays Bank plc hold a fixed and floating charge over the assets of the company.
8. Share Capital

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

Page 3
Page 4
Turvey Construction Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Not later than one year | 2,407 |  | 2,000
Later than one year and not later than five years | 9,271 |  | -
| 11,678 |  | 2,000

10. Pension Commitments
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £Nil (2024: £6,577) were due to the fund. They are included in Other Creditors.
11. 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. Included within profit and loss is rent paid to Turvey Developments Ltd of £38,500 (2024: £38,500) and management charges of £75,000 (2024:£60,000).
There was an amount due from Turvey Development Ltd at the balance sheet date of £3,128 (2024:£3,128).
There was an amount owed to Turvey Group Limited at the balance sheet date of £413,137 (2024: £593,137).
At the balance sheet date there was an amount owing to Joinery Solutions Southern Ltd of £487 (2024:£487).
12. 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.
13. Parent Undertaking and Controlling Party
The company's immediate and parent undertaking is HEK Holdings Limited . HEK Holdings Limited was incorporated in England and Wales.
Copies of the group accounts may be obtained from the secretary at, 24 Picton House, Hussar Court, Westside View, Waterlooville, PO7 7SQ .
The ultimate controlling party is deemed to be M T Bacon.
14. Audit Information
The auditor's report on the accounts of Turvey Construction 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 Westside View Waterlooville PO7 7SQ

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