Acorah Software Products - Accounts Production 16.6.920 false true true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 08386971 Mr Michael Grainger Michael Grainger true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08386971 2024-02-29 08386971 2025-02-28 08386971 2024-03-01 2025-02-28 08386971 frs-core:CurrentFinancialInstruments 2025-02-28 08386971 frs-core:Non-currentFinancialInstruments 2025-02-28 08386971 frs-core:BetweenOneFiveYears 2025-02-28 08386971 frs-core:ComputerEquipment 2025-02-28 08386971 frs-core:ComputerEquipment 2024-03-01 2025-02-28 08386971 frs-core:ComputerEquipment 2024-02-29 08386971 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-03-01 2025-02-28 08386971 frs-core:FurnitureFittings 2025-02-28 08386971 frs-core:FurnitureFittings 2024-03-01 2025-02-28 08386971 frs-core:FurnitureFittings 2024-02-29 08386971 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-02-28 08386971 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-01 2025-02-28 08386971 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-02-29 08386971 frs-core:MoreThanFiveYears 2025-02-28 08386971 frs-core:MotorVehicles 2025-02-28 08386971 frs-core:MotorVehicles 2024-03-01 2025-02-28 08386971 frs-core:MotorVehicles 2024-02-29 08386971 frs-core:OtherResidualIntangibleAssets 2025-02-28 08386971 frs-core:OtherResidualIntangibleAssets 2024-03-01 2025-02-28 08386971 frs-core:OtherResidualIntangibleAssets 2024-02-29 08386971 frs-core:PlantMachinery 2025-02-28 08386971 frs-core:PlantMachinery 2024-03-01 2025-02-28 08386971 frs-core:PlantMachinery 2024-02-29 08386971 frs-core:WithinOneYear 2025-02-28 08386971 frs-core:ShareCapital 2025-02-28 08386971 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 08386971 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 08386971 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 08386971 frs-bus:SmallEntities 2024-03-01 2025-02-28 08386971 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 08386971 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 08386971 frs-bus:OrdinaryShareClass1 2024-03-01 2025-02-28 08386971 frs-bus:OrdinaryShareClass1 2025-02-28 08386971 1 2024-03-01 2025-02-28 08386971 frs-bus:Director1 2024-03-01 2025-02-28 08386971 frs-countries:EnglandWales 2024-03-01 2025-02-28 08386971 2023-02-28 08386971 2024-02-29 08386971 2023-03-01 2024-02-29 08386971 frs-core:CurrentFinancialInstruments 2024-02-29 08386971 frs-core:Non-currentFinancialInstruments 2024-02-29 08386971 frs-core:BetweenOneFiveYears 2024-02-29 08386971 frs-core:MoreThanFiveYears 2024-02-29 08386971 frs-core:WithinOneYear 2024-02-29 08386971 frs-core:ShareCapital 2024-02-29 08386971 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 08386971 frs-bus:OrdinaryShareClass1 2023-03-01 2024-02-29
Registered number: 08386971
UTS Sales & Repairs Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2025
Kent Coast Accounts Ltd
AAT Licenced Accountants
Marlowe Innovation Centre
Marlowe Way
Ramsgate
Kent
CT12 6FA
UTS Sales & Repairs Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—8

Page 1
UTS Sales & Repairs Ltd
Balance Sheet
As At 28 February 2025
Balance Sheet
Registered number: 08386971

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 18,395 |  | 21,825
Tangible Assets | 5 |  | 800,534 |  | 381,377
|  |  | 818,929 |  | 403,202
CURRENT ASSETS
Stocks | 6 | 989,456 |  | 996,182 |
Debtors | 7 | 1,592,459 |  | 1,132,642 |
Cash at bank and in hand |  | 25 |  | - |
|  | 2,581,940 |  | 2,128,824 |
Creditors: Amounts Falling Due Within One Year | 8 | (1,362,136 ) |  | (1,050,007 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,219,804 |  | 1,078,817
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,038,733 |  | 1,482,019
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (180,507 ) |  | (224,805 )
PROVISIONS FOR LIABILITIES
Deferred Taxation | 11 |  | (188,022 ) |  | (85,661 )
NET ASSETS |  |  | 1,670,204 |  | 1,171,553
CAPITAL AND RESERVES
Called up share capital | 12 |  | 100 |  | 100
Profit and Loss Account |  |  | 1,670,104 |  | 1,171,453
SHAREHOLDERS' FUNDS |  |  | 1,670,204 |  | 1,171,553

Page 1
Page 2
UTS Sales & Repairs Ltd
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 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 Michael Grainger Director
12th November 2025

The notes on pages 3 to 8 form part of these financial statements.
Page 2
Page 3
UTS Sales & Repairs Ltd
Notes to the Financial Statements
For The Year Ended 28 February 2025
Notes to the Financial Statements
1. General Information
UTS Sales & Repairs Ltd Registered number 08386971 is a limited by shares company incorporated in England & Wales. The Registered Office is Oar Farm Barn, Brook Lane, Herne Bay, Kent, CT6 6TT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
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
In preparing these financial statements, management has made judgements and estimates in applying accounting policies that affect reported amounts of assets, liabilities, income and expenses.
Judgements include determining whether leases are finance or operating leases.
Key estimates include assessing the useful economic lives of plant and machinery, the recoverability of trade debtors, and valuation of work in progress.
2.4. Turnover
Turnover represents the fair value of consideration received or receivable from the sale of goods and services in the ordinary course of the company’s business, exclusive of value added tax and trade discounts.
Revenue is recognised when control of goods passes to the customer, which is normally at the point of dispatch from the company’s premises, when all of the following conditions are met:

1. The significant risks and rewards of ownership have transferred to the customer;
2. The amount of revenue can be measured reliably;
3. It is probable that the economic benefits associated with the transaction will flow to the company; and
4. The costs incurred or to be incurred in respect of the transaction can be measured reliably.

For manufactured access equipment, turnover is recognised when finished products are completed and delivered to the customer under the terms of sale, which may include ex-works, delivered, or collection arrangements.
Where contracts include bespoke or customised manufacture (for example, made-to-order access systems or structural modifications), revenue is recognised by reference to the stage of completion when:

1. The contract outcome can be reliably estimated;
2. Work performed is measurable and approved by the customer; and
3. The proportion of costs incurred to total expected costs provides a reliable measure of progress.

Deposits received from customers prior to delivery are recognised as contract liabilities (deferred income) until performance obligations have been satisfied.
Income from hire, repair, and maintenance services is recognised when the services are performed and invoiced, or in proportion to the stage of completion when service contracts span more than one reporting period.
2.5. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are legal fees on the extension of a short lease and the costs of a premium web domain It is amortised to profit and loss account over its economic life of 3 years.
Other intangible assets relates to patents registered to the Company for products, which are amortised to the Profit and Loss Account over its lifetime of 10 years.
Page 3
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UTS Sales & Repairs Ltd
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
2.6. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured.
2.7. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 between expiration of lease
Plant & Machinery | 10% - 33% straight line
Motor Vehicles | 33% straight line
Fixtures & Fittings | 5 years straight line
Computer Equipment | 28% straight line

Assets expected to fully lose their value in the first year of acquisition are fully depreciated at acquisition.
2.8. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and 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
Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company.
The following indications would normally lead to a lease being classified as a finance lease, and a further three indicators of situations that individually, or collectively, would also lead to a lease being classified as a finance lease. The first five are:

1. The lease transfers ownership of the asset to the lessee by the end of the lease term.
2. The lessee has the option to purchase the asset at a price that is expected to be sufficiently lower than the fair value at the date the option becomes exercisable and for it to be reasonably certain, at the inception of the lease, that the option will be exercised.
3. The lease term is for the major part of the economic life of the asset even if title is not transferred.
4. At the inception of the lease the present value of the minimum lease payments amounts to at least substantially all of the fair value of the leased asset.
5. The leased assets are of such a specialised nature that only the lessee can use them without major modifications.

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.
Operating leases
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.9. 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.
2.10. Financial Instruments
The company’s financial assets and liabilities are measured at amortised cost. Financial assets include trade debtors and cash. Financial liabilities include trade creditors, loans, and finance leases.
2.11. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Page 4
Page 5
UTS Sales & Repairs Ltd
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
2.12. 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.
2.13. 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.
2.14. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:

| 2025 |  | 2024
--- | --- | --- | ---
Office and administration | 5 |  | 5
Manufacturing | 36 |  | 34
| 41 |  | 39

4. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 March 2024 | 32,894
As at 28 February 2025 | 32,894
Amortisation
As at 1 March 2024 | 11,069
Provided during the period | 3,430
As at 28 February 2025 | 14,499
Net Book Value
As at 28 February 2025 | 18,395
As at 1 March 2024 | 21,825

Page 5
Page 6
UTS Sales & Repairs Ltd
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
5. Tangible Assets

| Land & Property
--- | ---
| Leasehold | Plant & Machinery | Motor Vehicles | Fixtures & Fittings
| £ | £ | £ | £
Cost
As at 1 March 2024 | 44,031 | 860,616 | 99,926 | 7,972
Additions | 15,877 | 564,633 | 46,490 | 14,421
As at 28 February 2025 | 59,908 | 1,425,249 | 146,416 | 22,393
Depreciation
As at 1 March 2024 | 7,458 | 555,457 | 68,289 | 2,143
Provided during the period | 5,774 | 191,220 | 23,834 | 1,494
As at 28 February 2025 | 13,232 | 746,677 | 92,123 | 3,637
Net Book Value
As at 28 February 2025 | 46,676 | 678,572 | 54,293 | 18,756
As at 1 March 2024 | 36,573 | 305,159 | 31,637 | 5,829

| Computer Equipment | Total
--- | --- | ---
| £ | £
Cost
As at 1 March 2024 | 5,565 | 1,018,110
Additions | 1,279 | 642,700
As at 28 February 2025 | 6,844 | 1,660,810
Depreciation
As at 1 March 2024 | 3,386 | 636,733
Provided during the period | 1,221 | 223,543
As at 28 February 2025 | 4,607 | 860,276
Net Book Value
As at 28 February 2025 | 2,237 | 800,534
As at 1 March 2024 | 2,179 | 381,377

6. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Materials | 989,456 |  | 996,182

Page 6
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UTS Sales & Repairs Ltd
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 1,365,371 |  | 1,030,000
Amounts owed by participating interests | 34,259 |  | 26,597
Other debtors | 174,952 |  | 58,168
| 1,574,582 |  | 1,114,765
Due after more than one year
Amounts recoverable on contracts | 17,877 |  | 17,877
| 1,592,459 |  | 1,132,642

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 29,419 |  | 21,575
Trade creditors | 781,972 |  | 431,200
Bank loans and overdrafts | 237,609 |  | 237,120
Other creditors | 202,924 |  | 211,493
Taxation and social security | 110,212 |  | 148,619
| 1,362,136 |  | 1,050,007

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 32,855 |  | 32,769
Bank loans | 147,652 |  | 192,036
| 180,507 |  | 224,805

10. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 29,419 |  | 21,575
Later than one year and not later than five years | 32,855 |  | 32,769
| 62,274 |  | 54,344
| 62,274 |  | 54,344

11. Deferred Taxation
Deferred tax relates to timing differences on accelerated capital allowances on fixed assets.
The provision for deferred tax is made up as follows:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other timing differences | 188,022 |  | 85,661

Page 7
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UTS Sales & Repairs Ltd
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
12. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
100 Ordinary Shares of £ 1.000 each | 100 |  | 100

13. Other Commitments
At the end of the period the company had minimum lease payments under non-cancellable leases as follows:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Not later than one year | 151,744 |  | 87,167
Later than one year and not later than five years | 464,940 |  | 212,418
Later than five years | 14,631 |  | 982
| 631,315 |  | 300,567

14. 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 2025 - £6,659 (2024 - £4,503) were due to the fund. They are included in Other Creditors.
15. Ultimate Controlling Party
The company's ultimate controlling party is Michael Grainger by virtue of his ownership of 100% of the issued share capital in the company.
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