Acorah Software Products - Accounts Production 16.2.850 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 05128836 Mr David Ray Mr Graham Ray Mrs Sarah Brereton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05128836 2024-02-29 05128836 2025-02-28 05128836 2024-03-01 2025-02-28 05128836 frs-core:CurrentFinancialInstruments 2025-02-28 05128836 frs-core:Non-currentFinancialInstruments 2025-02-28 05128836 frs-core:BetweenOneFiveYears 2025-02-28 05128836 frs-core:ComputerEquipment 2025-02-28 05128836 frs-core:ComputerEquipment 2024-03-01 2025-02-28 05128836 frs-core:ComputerEquipment 2024-02-29 05128836 frs-core:FurnitureFittings 2025-02-28 05128836 frs-core:FurnitureFittings 2024-03-01 2025-02-28 05128836 frs-core:FurnitureFittings 2024-02-29 05128836 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-02-28 05128836 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 05128836 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-29 05128836 frs-core:MotorVehicles 2025-02-28 05128836 frs-core:MotorVehicles 2024-03-01 2025-02-28 05128836 frs-core:MotorVehicles 2024-02-29 05128836 frs-core:PlantMachinery 2025-02-28 05128836 frs-core:PlantMachinery 2024-03-01 2025-02-28 05128836 frs-core:PlantMachinery 2024-02-29 05128836 frs-core:CapitalRedemptionReserve 2025-02-28 05128836 frs-core:RevaluationReserve 2024-02-29 05128836 frs-core:RevaluationReserve 2025-02-28 05128836 frs-core:ShareCapital 2025-02-28 05128836 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 05128836 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 05128836 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 05128836 frs-bus:SmallEntities 2024-03-01 2025-02-28 05128836 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 05128836 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 05128836 frs-bus:Director1 2024-03-01 2025-02-28 05128836 frs-bus:Director2 2024-03-01 2025-02-28 05128836 frs-bus:Director3 2024-03-01 2025-02-28 05128836 frs-core:CurrentFinancialInstruments 2 2025-02-28 05128836 frs-core:CurrentFinancialInstruments 4 2025-02-28 05128836 frs-core:CurrentFinancialInstruments 6 2025-02-28 05128836 frs-countries:EnglandWales 2024-03-01 2025-02-28 05128836 2023-02-28 05128836 2024-02-29 05128836 2023-03-01 2024-02-29 05128836 frs-core:CurrentFinancialInstruments 2024-02-29 05128836 frs-core:Non-currentFinancialInstruments 2024-02-29 05128836 frs-core:BetweenOneFiveYears 2024-02-29 05128836 frs-core:CapitalRedemptionReserve 2024-02-29 05128836 frs-core:RevaluationReserve 2024-02-29 05128836 frs-core:ShareCapital 2024-02-29 05128836 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 05128836 frs-core:CurrentFinancialInstruments 2 2024-02-29 05128836 frs-core:CurrentFinancialInstruments 4 2024-02-29 05128836 frs-core:CurrentFinancialInstruments 5 2024-02-29 05128836 frs-core:CurrentFinancialInstruments 6 2024-02-29
Registered number: 05128836
Norbury Wharf Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
TaxAssist Accountants
TaxAssist Accountants
1 Sundorne Avenue
Shrewsbury
Shropshire
SY1 4JW
Norbury Wharf Limited
Contents
Contents

| Page
--- | ---
Statement of Financial Position | 1—2
Notes to the Financial Statements | 3—6

Page 1
Norbury Wharf Limited
Statement of Financial Position
As At 28 February 2025
Statement of Financial Position
Registered number: 05128836

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 266,941 |  | 293,874
|  |  | 266,941 |  | 293,874
CURRENT ASSETS
Stocks | 5 | 57,750 |  | 56,958 |
Debtors | 6 | 47,196 |  | 17,367 |
Cash at bank and in hand |  | 194,929 |  | 257,619 |
|  | 299,875 |  | 331,944 |
Creditors: Amounts Falling Due Within One Year | 7 | (288,354 ) |  | (281,646 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 11,521 |  | 50,298
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 278,462 |  | 344,172
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (5,775 ) |  | (32,562 )
NET ASSETS |  |  | 272,687 |  | 311,610
CAPITAL AND RESERVES
Called up share capital | 10 |  | 49 |  | 49
Revaluation reserve | 11 |  | 10,361 |  | 10,361
Capital redemption reserve |  |  | 32,387 |  | 32,387
Income Statement |  |  | 229,890 |  | 268,813
SHAREHOLDERS' FUNDS |  |  | 272,687 |  | 311,610

Page 1
Page 2
Norbury Wharf Limited
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

Mr David Ray Director
31st October 2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Norbury Wharf Limited
Notes to the Financial Statements
For The Year Ended 28 February 2025
Notes to the Financial Statements
1. General Information
Norbury Wharf Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05128836 . The registered office is Norbury Wharf, Norbury Junction, Stafford, ST20 0PN.
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. 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.
2.3. 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 | Nil
Plant & Machinery | 20% Reducing Balance
Motor Vehicles | 20% Reducing Balance
Fixtures & Fittings | 25% Reducing Balance
Computer Equipment | 33% Reducing Balance

2.4. 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 income statement 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 income statement as incurred.
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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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 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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2024: 13)
13 13
Page 3
Page 4
Norbury Wharf Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Plant & Machinery | Motor Vehicles | Fixtures & Fittings
| £ | £ | £ | £
Cost
As at 1 March 2024 | 113,312 | 355,899 | 65,716 | -
Additions | - | 7,791 | - | 3,127
As at 28 February 2025 | 113,312 | 363,690 | 65,716 | 3,127
Depreciation
As at 1 March 2024 | - | 210,251 | 30,802 | -
Provided during the period | - | 30,688 | 6,983 | 782
As at 28 February 2025 | - | 240,939 | 37,785 | 782
Net Book Value
As at 28 February 2025 | 113,312 | 122,751 | 27,931 | 2,345
As at 1 March 2024 | 113,312 | 145,648 | 34,914 | -

| Computer Equipment | Total
--- | --- | ---
| £ | £
Cost
As at 1 March 2024 | - | 534,927
Additions | 898 | 11,816
As at 28 February 2025 | 898 | 546,743
Depreciation
As at 1 March 2024 | - | 241,053
Provided during the period | 296 | 38,749
As at 28 February 2025 | 296 | 279,802
Net Book Value
As at 28 February 2025 | 602 | 266,941
As at 1 March 2024 | - | 293,874

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Finished goods | 57,750 |  | 56,958

Page 4
Page 5
Norbury Wharf Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 26,683 |  | 479
Prepayments and accrued income | 9,385 |  | 9,385
Other debtors | - |  | 7,503
Directors' loan accounts | 11,128 |  | -
| 47,196 |  | 17,367

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 71,915 |  | 87,936
Bank loans and overdrafts | - |  | 18,182
Corporation tax | 6,197 |  | 3,321
P.A.Y.E | 18,137 |  | 9,410
VAT | 1,445 |  | 1,098
Net wages | 53,257 |  | 17,725
Client deposits held | 72,967 |  | 72,904
Deposits held | 63,593 |  | 68,526
Pensions Contributions payable | - |  | 1,031
Accruals | 843 |  | 306
Directors' loan accounts | - |  | 1,207
| 288,354 |  | 281,646

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 2,745 |  | 11,350
Bank loans | 3,030 |  | 21,212
| 5,775 |  | 32,562

9. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years | 2,745 |  | 11,350

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 49 |  | 49

Page 5
Page 6
Norbury Wharf Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
11. Reserves

| Revaluation Reserve
--- | ---
| £
As at 1 March 2024 | 10,361
As at 28 February 2025 | 10,361

Page 6