Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 11109075 Mr A A Gray Ms J A Wardle Grays & Feather Limited Mill House, Liphook Road, Haslemere, England, GU27 3QE true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11109075 2023-12-31 11109075 2024-12-31 11109075 2024-01-01 2024-12-31 11109075 frs-core:CurrentFinancialInstruments 2024-12-31 11109075 frs-core:Non-currentFinancialInstruments 2024-12-31 11109075 frs-core:BetweenOneFiveYears 2024-12-31 11109075 frs-core:ComputerEquipment 2024-12-31 11109075 frs-core:ComputerEquipment 2024-01-01 2024-12-31 11109075 frs-core:ComputerEquipment 2023-12-31 11109075 frs-core:FurnitureFittings 2024-12-31 11109075 frs-core:FurnitureFittings 2024-01-01 2024-12-31 11109075 frs-core:FurnitureFittings 2023-12-31 11109075 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 11109075 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 11109075 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 11109075 frs-core:MoreThanFiveYears 2024-12-31 11109075 frs-core:PlantMachinery 2024-12-31 11109075 frs-core:PlantMachinery 2024-01-01 2024-12-31 11109075 frs-core:PlantMachinery 2023-12-31 11109075 frs-core:WithinOneYear 2024-12-31 11109075 frs-core:ShareCapital 2024-12-31 11109075 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 11109075 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11109075 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 11109075 frs-bus:SmallEntities 2024-01-01 2024-12-31 11109075 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11109075 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11109075 1 2024-01-01 2024-12-31 11109075 frs-bus:Director1 2024-01-01 2024-12-31 11109075 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 11109075 frs-countries:EnglandWales 2024-01-01 2024-12-31 11109075 2022-12-31 11109075 2023-12-31 11109075 2023-01-01 2023-12-31 11109075 frs-core:CurrentFinancialInstruments 2023-12-31 11109075 frs-core:Non-currentFinancialInstruments 2023-12-31 11109075 frs-core:BetweenOneFiveYears 2023-12-31 11109075 frs-core:MoreThanFiveYears 2023-12-31 11109075 frs-core:WithinOneYear 2023-12-31 11109075 frs-core:ShareCapital 2023-12-31 11109075 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Grays & Feather Wellington St Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11109075
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 217,173 241,080
217,173 241,080
CURRENT ASSETS
Stocks 40,000 10,000
Debtors 5 385,744 63,954
Cash at bank and in hand 22,252 43,225
447,996 117,179
Creditors: Amounts Falling Due Within One Year 6 (439,548 ) (323,442 )
NET CURRENT ASSETS (LIABILITIES) 8,448 (206,263 )
TOTAL ASSETS LESS CURRENT LIABILITIES 225,621 34,817
Creditors: Amounts Falling Due After More Than One Year 7 (202,507 ) (32,768 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,276 ) (1,059 )
NET ASSETS 20,838 990
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 20,738 890
SHAREHOLDERS' FUNDS 20,838 990
Page 1
Page 2
For the year ending 31 December 2024 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
Mr A A Gray
Director
22 October 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Grays & Feather Wellington St Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11109075 . The registered office is Mill House, Liphook Road, Haslemere, Surrey, GU27 3QE.
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.
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 on a point of sale basis. 
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:
Leasehold Straight line for the duration of the lease
Plant & Machinery Straight line over 4 years
Fixtures & Fittings Straight line over 5 years
Computer Equipment Straight line over 5 years
2.4. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due provision for wastage and slow moving items.
2.5. Financial Instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares, which are measured at fair value, with changes recognised in profit or loss. 
Derivative financial instruments, where applicable, are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
2.6. 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.
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2.7. 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.
2.8. Related party exemption
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.
3. Average Number of Employees
The average number of employees, including directors, during the year was: 22 (2023: 22)
22 22
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 411,082 110,480 16,826 3,399 541,787
Additions - 3,518 3,151 1,498 8,167
As at 31 December 2024 411,082 113,998 19,977 4,897 549,954
Depreciation
As at 1 January 2024 174,237 109,606 15,746 1,118 300,707
Provided during the period 28,776 1,222 1,097 979 32,074
As at 31 December 2024 203,013 110,828 16,843 2,097 332,781
Net Book Value
As at 31 December 2024 208,069 3,170 3,134 2,800 217,173
As at 1 January 2024 236,845 874 1,080 2,281 241,080
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,434 9,977
Other debtors 384,310 53,977
385,744 63,954
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 138,474 99,622
Bank loans and overdrafts 16,447 5,673
Other loans 77,863 -
Amounts owed to participating interests - 109,359
Other creditors 98,097 10,709
Taxation and social security 108,667 98,079
439,548 323,442
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7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 27,111 32,768
Other loans 175,396 -
202,507 32,768
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 90,000 90,000
Later than one year and not later than five years 360,000 360,000
Later than five years 292,500 382,500
742,500 832,500
10. Related Party Transactions
All related party transactions are completed on an arm's length basis and at market value. No disclosures of individual transactions are therefore necessary in these financial statements.
11. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Grays & Feather Limited . Grays & Feather Limited was incorporated in England. Copies of the group accounts may be obtained from the secretary, Mill House, Liphook Road, Haslemere, England, GU27 3QE . The ultimate controlling party is Grays & Feather Limited who controls 100% of the shares of Grays & Feather Wellington St Limited .
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