Acorah Software Products - Accounts Production 16.7.461 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 07156788 S Elliott A M Haw iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07156788 2024-03-31 07156788 2025-03-31 07156788 2024-04-01 2025-03-31 07156788 frs-core:CurrentFinancialInstruments 2025-03-31 07156788 frs-core:Non-currentFinancialInstruments 2025-03-31 07156788 frs-core:BetweenOneFiveYears 2025-03-31 07156788 frs-core:NetGoodwill 2025-03-31 07156788 frs-core:NetGoodwill 2024-04-01 2025-03-31 07156788 frs-core:NetGoodwill 2024-03-31 07156788 frs-core:MotorVehicles 2025-03-31 07156788 frs-core:MotorVehicles 2024-04-01 2025-03-31 07156788 frs-core:MotorVehicles 2024-03-31 07156788 frs-core:PlantMachinery 2025-03-31 07156788 frs-core:PlantMachinery 2024-04-01 2025-03-31 07156788 frs-core:PlantMachinery 2024-03-31 07156788 frs-core:WithinOneYear 2025-03-31 07156788 frs-core:ShareCapital 2025-03-31 07156788 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07156788 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07156788 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 07156788 frs-bus:SmallEntities 2024-04-01 2025-03-31 07156788 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07156788 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07156788 frs-bus:Director1 2024-04-01 2025-03-31 07156788 frs-bus:Director2 2024-04-01 2025-03-31 07156788 frs-countries:EnglandWales 2024-04-01 2025-03-31 07156788 2023-03-31 07156788 2024-03-31 07156788 2023-04-01 2024-03-31 07156788 frs-core:CurrentFinancialInstruments 2024-03-31 07156788 frs-core:Non-currentFinancialInstruments 2024-03-31 07156788 frs-core:BetweenOneFiveYears 2024-03-31 07156788 frs-core:WithinOneYear 2024-03-31 07156788 frs-core:ShareCapital 2024-03-31 07156788 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 07156788
Skelf Frames Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07156788
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 78,112 37,318
78,112 37,318
CURRENT ASSETS
Stocks 6 13,500 15,000
Debtors 7 6,864 370
Cash at bank and in hand 58,850 49,584
79,214 64,954
Creditors: Amounts Falling Due Within One Year 8 (94,970 ) (97,522 )
NET CURRENT ASSETS (LIABILITIES) (15,756 ) (32,568 )
TOTAL ASSETS LESS CURRENT LIABILITIES 62,356 4,750
Creditors: Amounts Falling Due After More Than One Year 9 (40,113 ) -
NET ASSETS 22,243 4,750
CAPITAL AND RESERVES
Called up share capital 11 50 50
Profit and Loss Account 22,193 4,700
SHAREHOLDERS' FUNDS 22,243 4,750
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For the year ending 31 March 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.
The financial statements were approved by the board of directors on 11 December 2025 and were signed on its behalf by:
S Elliott
Director
A M Haw
Director
11 December 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Skelf Frames Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07156788 . The registered office is Unit 15a Station Estate, Station Road, Tadcaster, North Yorkshire, LS24 9SG.
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.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
2.4. 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
2.5. 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.
2.6. 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.
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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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 4)
5 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 17,500
As at 31 March 2025 17,500
Amortisation
As at 1 April 2024 17,500
As at 31 March 2025 17,500
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
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5. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 April 2024 73,247 61,101 134,348
Additions 375 73,864 74,239
Disposals - (31,214 ) (31,214 )
As at 31 March 2025 73,622 103,751 177,373
Depreciation
As at 1 April 2024 54,510 42,520 97,030
Provided during the period 4,778 21,259 26,037
Disposals - (23,806 ) (23,806 )
As at 31 March 2025 59,288 39,973 99,261
Net Book Value
As at 31 March 2025 14,334 63,778 78,112
As at 1 April 2024 18,737 18,581 37,318
6. Stocks
2025 2024
£ £
Stock 13,500 15,000
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 565 370
Other debtors 6,299 -
6,864 370
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 9,766 2,490
Trade creditors 14,772 16,506
Other creditors 66,472 65,653
Taxation and social security 3,960 12,873
94,970 97,522
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 40,113 -
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10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 9,766 2,490
Later than one year and not later than five years 40,113 -
49,879 2,490
49,879 2,490
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 50 50
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