Acorah Software Products - Accounts Production 16.5.460 false true true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 05073866 Mrs Louise Yexley Mr Keith Yexley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05073866 2024-02-29 05073866 2025-02-28 05073866 2024-03-01 2025-02-28 05073866 frs-core:CurrentFinancialInstruments 2025-02-28 05073866 frs-core:Non-currentFinancialInstruments 2025-02-28 05073866 frs-core:BetweenOneFiveYears 2025-02-28 05073866 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-03-01 2025-02-28 05073866 frs-core:MotorVehicles 2025-02-28 05073866 frs-core:MotorVehicles 2024-03-01 2025-02-28 05073866 frs-core:MotorVehicles 2024-02-29 05073866 frs-core:OtherResidualIntangibleAssets 2025-02-28 05073866 frs-core:OtherResidualIntangibleAssets 2024-03-01 2025-02-28 05073866 frs-core:OtherResidualIntangibleAssets 2024-02-29 05073866 frs-core:PlantMachinery 2025-02-28 05073866 frs-core:PlantMachinery 2024-03-01 2025-02-28 05073866 frs-core:PlantMachinery 2024-02-29 05073866 frs-core:WithinOneYear 2025-02-28 05073866 frs-core:ShareCapital 2025-02-28 05073866 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 05073866 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 05073866 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 05073866 frs-bus:SmallEntities 2024-03-01 2025-02-28 05073866 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 05073866 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 05073866 frs-bus:Director1 2024-03-01 2025-02-28 05073866 frs-bus:Director2 2024-03-01 2025-02-28 05073866 frs-countries:EnglandWales 2024-03-01 2025-02-28 05073866 2023-02-28 05073866 2024-02-29 05073866 2023-03-01 2024-02-29 05073866 frs-core:CurrentFinancialInstruments 2024-02-29 05073866 frs-core:Non-currentFinancialInstruments 2024-02-29 05073866 frs-core:BetweenOneFiveYears 2024-02-29 05073866 frs-core:WithinOneYear 2024-02-29 05073866 frs-core:ShareCapital 2024-02-29 05073866 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 05073866
Yexcom Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Spicer & Co UK Limited
Chartered Accountants
Staple House
5 Eleanors Cross
Dunstable
Bedfordshire
LU6 1SU
Yexcom Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Yexcom Limited
Balance Sheet
As At 28 February 2025
Balance Sheet
Registered number: 05073866

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 4,408 |  | 619
Tangible Assets | 5 |  | 34,185 |  | 1,503
|  |  | 38,593 |  | 2,122
CURRENT ASSETS
Debtors | 6 | 3,803 |  | 1,607 |
Cash at bank and in hand |  | 18,302 |  | 10,621 |
|  | 22,105 |  | 12,228 |
Creditors: Amounts Falling Due Within One Year | 7 | (11,652 ) |  | (8,899 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 10,453 |  | 3,329
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 49,046 |  | 5,451
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (27,017 ) |  | -
NET ASSETS |  |  | 22,029 |  | 5,451
CAPITAL AND RESERVES
Called up share capital | 10 |  | 2 |  | 2
Profit and Loss Account |  |  | 22,027 |  | 5,449
SHAREHOLDERS' FUNDS |  |  | 22,029 |  | 5,451

Page 1
Page 2
Yexcom Limited
Balance Sheet (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 Profit and Loss Account.
On behalf of the board

Mr Keith Yexley Director
13/10/2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Yexcom Limited
Notes to the Financial Statements
For The Year Ended 28 February 2025
Notes to the Financial Statements
1. General Information
Yexcom Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05073866 . The registered office is Staple House 5, Eleanors Cross, Dunstable, Bedfordshire, England, LU6 1SU.
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
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existance for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
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.
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.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are franchisee fees It is amortised to the profit and loss account over its estimated economic life of 5 years.
2.5. 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:

Plant & Machinery | 25% Reducing balance
Motor Vehicles | 25% Reducing balance

2.6. 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.
Page 3
Page 4
Yexcom Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
2.7. Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2.8. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.9. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 March 2024 | 10,200
Additions | 4,128
As at 28 February 2025 | 14,328
Amortisation
As at 1 March 2024 | 9,581
Provided during the period | 339
As at 28 February 2025 | 9,920
Net Book Value
As at 28 February 2025 | 4,408
As at 1 March 2024 | 619

5. Tangible Assets

| Plant & Machinery | Motor Vehicles | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 March 2024 | 24,362 | - | 24,362
Additions | 1,759 | 32,050 | 33,809
As at 28 February 2025 | 26,121 | 32,050 | 58,171

...CONTINUED
Page 4
Page 5
Yexcom Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025

Depreciation
As at 1 March 2024 | 22,859 | - | 22,859
Provided during the period | 460 | 667 | 1,127
As at 28 February 2025 | 23,319 | 667 | 23,986
Net Book Value
As at 28 February 2025 | 2,802 | 31,383 | 34,185
As at 1 March 2024 | 1,503 | - | 1,503

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 3,677 |  | 1,518
Other debtors | 126 |  | 89
| 3,803 |  | 1,607

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 5,033 |  | -
Trade creditors | 2,303 |  | 473
Taxation and social security | 4,316 |  | 8,426
| 11,652 |  | 8,899

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 27,017 |  | -

9. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 5,033 |  | -
Later than one year and not later than five years | 27,017 |  | -
| 32,050 |  | -
| 32,050 |  | -

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 2 |  | 2

11. Reserves
The Profit and Loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholder. This is a distributable reserve.
Page 5