Acorah Software Products - Accounts Production 16.5.460 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 09409833 Mrs Catherine Scott Mrs Joanne Johnson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09409833 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2025-02-28 09409833 2024-02-29 09409833 2025-02-28 09409833 2024-03-01 2025-02-28 09409833 frs-core:CurrentFinancialInstruments 2025-02-28 09409833 frs-core:Non-currentFinancialInstruments 2025-02-28 09409833 frs-core:ComputerEquipment 2025-02-28 09409833 frs-core:ComputerEquipment 2024-03-01 2025-02-28 09409833 frs-core:ComputerEquipment 2024-02-29 09409833 frs-core:FurnitureFittings 2025-02-28 09409833 frs-core:FurnitureFittings 2024-03-01 2025-02-28 09409833 frs-core:FurnitureFittings 2024-02-29 09409833 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-02-28 09409833 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-01 2025-02-28 09409833 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-02-29 09409833 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-02-28 09409833 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 09409833 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-29 09409833 frs-core:MotorVehicles 2025-02-28 09409833 frs-core:MotorVehicles 2024-03-01 2025-02-28 09409833 frs-core:MotorVehicles 2024-02-29 09409833 frs-core:PlantMachinery 2025-02-28 09409833 frs-core:PlantMachinery 2024-03-01 2025-02-28 09409833 frs-core:PlantMachinery 2024-02-29 09409833 frs-core:ShareCapital 2025-02-28 09409833 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 09409833 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 09409833 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 09409833 frs-bus:SmallEntities 2024-03-01 2025-02-28 09409833 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 09409833 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 09409833 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-02-29 09409833 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-02-28 09409833 frs-bus:Director1 2024-03-01 2025-02-28 09409833 frs-bus:Director1 2024-02-29 09409833 frs-bus:Director1 2025-02-28 09409833 frs-bus:Director2 2024-03-01 2025-02-28 09409833 frs-bus:Director2 2024-02-29 09409833 frs-bus:Director2 2025-02-28 09409833 frs-core:CurrentFinancialInstruments 2 2025-02-28 09409833 frs-countries:EnglandWales 2024-03-01 2025-02-28 09409833 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2024-02-29 09409833 2023-02-28 09409833 2024-02-29 09409833 2023-03-01 2024-02-29 09409833 frs-core:CurrentFinancialInstruments 2024-02-29 09409833 frs-core:Non-currentFinancialInstruments 2024-02-29 09409833 frs-core:ShareCapital 2024-02-29 09409833 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 09409833 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-02-29 09409833 frs-core:CurrentFinancialInstruments 1 2024-02-29 09409833 frs-core:CurrentFinancialInstruments 2 2024-02-29
Registered number: 09409833
Johnson And Scott Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2025
Mumby Heppenstall
Chartered Accountants
Wellingore Hall
Wellingore
Lincoln
LN5 0HX
Johnson And Scott Ltd
Contents
Contents

| Page
--- | ---
Statement of Financial Position | 1—2
Notes to the Financial Statements | 3—7

Page 1
Johnson And Scott Ltd
Statement of Financial Position
As At 28 February 2025
Statement of Financial Position
Registered number: 09409833

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 491,017 |  | 508,690
|  |  | 491,017 |  | 508,690
CURRENT ASSETS
Stocks | 6 | 59,752 |  | 59,888 |
Debtors | 7 | 19,656 |  | 33,085 |
Cash at bank and in hand |  | 143,214 |  | 199,383 |
|  | 222,622 |  | 292,356 |
Creditors: Amounts Falling Due Within One Year | 8 | (186,663 ) |  | (203,030 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 35,959 |  | 89,326
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 526,976 |  | 598,016
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (182,658 ) |  | (195,575 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (16,002 ) |  | (18,283 )
NET ASSETS |  |  | 328,316 |  | 384,158
CAPITAL AND RESERVES
Called up share capital | 11 |  | 100 |  | 100
Fair value reserve | 13 |  | 28,125 |  | 22,500
Income Statement |  |  | 300,091 |  | 361,558
SHAREHOLDERS' FUNDS |  |  | 328,316 |  | 384,158

Page 1
Page 2
Johnson And Scott Ltd
Statement of Financial Position (continued)
As At 28 February 2025
For the year ending 28 February 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 Income Statement.
On behalf of the board

Mrs Catherine Scott Director | Mrs Joanne Johnson Director
23rd October 2025

The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Johnson And Scott Ltd
Notes to the Financial Statements
For The Year Ended 28 February 2025
Notes to the Financial Statements
1. General Information
Johnson And Scott Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09409833 . The registered office is Needhams Farm 186 Main Street, Witchford, Ely, Cambridgeshire, CB6 2HT.
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.
The financial statements are prepared in sterling, which is the functional currency of the entity.
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:

Freehold | 2% straight line
Leasehold | 10% straight line
Plant & Machinery | 20% straight line
Motor Vehicles | 25% reducing balance
Fixtures & Fittings | 20% straight line
Computer Equipment | 20% straight line

2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement.
2.5. 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.
2.6. Financial Instruments
The company only has financial assets and financial liaiblities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of future payments discounted at a market rate of interest for a similar debt instrument. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
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Johnson And Scott Ltd
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
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 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.
2.8. Pensions
The company makes contributions to a workplace pension under auto-enrolment and to the directors' personal pension scheme. The contributions payable for the year are charged to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 22 (2024: 23)
22 23
4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Leasehold | Plant & Machinery | Motor Vehicles
| £ | £ | £ | £
Cost or Valuation
As at 1 March 2024 | 486,976 | 19,083 | 83,822 | 29,515
Additions | - | - | 14,077 | -
Disposals | - | - | - | (29,515 )
Revaluation | 7,500 | - | - | -
As at 28 February 2025 | 494,476 | 19,083 | 97,899 | -
Depreciation
As at 1 March 2024 | 29,296 | 17,174 | 73,206 | 12,913
Provided during the period | 4,740 | 1,909 | 6,228 | 4,150
Disposals | - | - | - | (17,063 )
As at 28 February 2025 | 34,036 | 19,083 | 79,434 | -
Net Book Value
As at 28 February 2025 | 460,440 | - | 18,465 | -
As at 1 March 2024 | 457,680 | 1,909 | 10,616 | 16,602

Page 4
Page 5
Johnson And Scott Ltd
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025

| Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost or Valuation
As at 1 March 2024 | 48,091 | 30,878 | 698,365
Additions | 41 | 209 | 14,327
Disposals | - | - | (29,515 )
Revaluation | - | - | 7,500
As at 28 February 2025 | 48,132 | 31,087 | 690,677
Depreciation
As at 1 March 2024 | 29,175 | 27,911 | 189,675
Provided during the period | 8,526 | 1,495 | 27,048
Disposals | - | - | (17,063 )
As at 28 February 2025 | 37,701 | 29,406 | 199,660
Net Book Value
As at 28 February 2025 | 10,431 | 1,681 | 491,017
As at 1 March 2024 | 18,916 | 2,967 | 508,690

5. Investment Property
Included within freehold property is part of the property which is classed as investment property. This is inlcluded at a market value of £257,500 at 28 February 2025 (2024: £250,000). If investment property had been accounted for under historical cost accounting rules, the amounts would be:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Cost | 220,000 |  | 220,000
Accumulated depreciation and impairment | 22,000 |  | 17,600
Carrying amount | 198,000 |  | 202,400

The investment property element of the freehold property has been revalued upwards at 28 February 2025 by the directors by £7,500 (3%). The directors consider this to be a true reflection of the market value of the property at 28 February 2025.
Deferred tax of £1,875 has been provided on the revaluation, giving a net amount of £5,625 transferred to the fair value reserve (note 13).
6. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 59,752 |  | 59,888

Page 5
Page 6
Johnson And Scott Ltd
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 5,262 |  | 5,433
Prepayments and accrued income | 12,467 |  | 9,913
Other debtors | 175 |  | 17,572
Other taxes and social security | - |  | 167
Directors' loan accounts | 1,752 |  | -
| 19,656 |  | 33,085

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 38,710 |  | 37,731
Bank loans and overdrafts | 12,809 |  | 10,667
Corporation tax | 92,596 |  | 78,285
VAT | 32,096 |  | 45,270
Nest | - |  | 2,302
Due to Johnson & Scott EOT | 100 |  | -
Accruals and deferred income | 10,352 |  | 10,649
Directors' loan accounts | - |  | 18,126
| 186,663 |  | 203,030

9. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 182,658 |  | 195,575

Of the creditors falling due after more than one year the following amounts are due after more than five years.

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 120,634 |  | 144,009

10. Secured Creditors
Of the creditors the following amounts are secured on freehold property at Wisbech road, Littleport, Ely, CB6 1JJ and by an unlimited debenture dated 13 August 2020 from Johnson and Scott Ltd.

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 195,468 |  | 206,242

11. Share Capital

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

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Page 7
Johnson And Scott Ltd
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
12. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 March 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 28 February 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mrs Catherine Scott | 7,696 | (128,346 ) | 120,000 | - | (650 )
Mrs Joanne Johnson | 10,430 | (131,531 ) | 120,000 | - | (1,101 )

The above loans are unsecured, interest free and repayable on demand.
13. Reserves

| Fair Value Reserve
--- | ---
| £
As at 1 March 2024 | 22,500
Movements in fair value reserve | 5,625
As at 28 February 2025 | 28,125

14. Employee Ownership Trust
On 21 February 2025 an Employee Ownership Trust (EOT) was set up, which owns 80% of the shares in the company. A distribution totalling £251,900 was made to the Trust as shown in the Statement of Changes in Equity.
Page 7