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 01573719 Mr Alexander Henderson Mr Gareth Bates Ms Ashley Henderson Mrs Stacey Henderson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01573719 2024-03-31 01573719 2025-03-31 01573719 2024-04-01 2025-03-31 01573719 frs-core:CurrentFinancialInstruments 2025-03-31 01573719 frs-core:Non-currentFinancialInstruments 2025-03-31 01573719 frs-core:BetweenOneFiveYears 2025-03-31 01573719 frs-core:FurnitureFittings 2025-03-31 01573719 frs-core:FurnitureFittings 2024-04-01 2025-03-31 01573719 frs-core:FurnitureFittings 2024-03-31 01573719 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 01573719 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 01573719 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 01573719 frs-core:MotorVehicles 2025-03-31 01573719 frs-core:MotorVehicles 2024-04-01 2025-03-31 01573719 frs-core:MotorVehicles 2024-03-31 01573719 frs-core:PlantMachinery 2025-03-31 01573719 frs-core:PlantMachinery 2024-04-01 2025-03-31 01573719 frs-core:PlantMachinery 2024-03-31 01573719 frs-core:WithinOneYear 2025-03-31 01573719 frs-core:ShareCapital 2025-03-31 01573719 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 01573719 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 01573719 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 01573719 frs-bus:SmallEntities 2024-04-01 2025-03-31 01573719 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 01573719 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 01573719 frs-bus:OrdinaryShareClass1 2024-04-01 2025-03-31 01573719 frs-bus:OrdinaryShareClass1 2025-03-31 01573719 frs-bus:OrdinaryShareClass2 2024-04-01 2025-03-31 01573719 frs-bus:OrdinaryShareClass2 2025-03-31 01573719 frs-bus:OrdinaryShareClass3 2024-04-01 2025-03-31 01573719 frs-bus:OrdinaryShareClass3 2025-03-31 01573719 frs-bus:OrdinaryShareClass4 2024-04-01 2025-03-31 01573719 frs-bus:OrdinaryShareClass4 2025-03-31 01573719 frs-bus:OrdinaryShareClass5 2024-04-01 2025-03-31 01573719 frs-bus:OrdinaryShareClass5 2025-03-31 01573719 frs-core:CostValuation 2024-03-31 01573719 frs-core:AdditionsToInvestments 2025-03-31 01573719 frs-core:CostValuation 2025-03-31 01573719 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 01573719 frs-core:ProvisionsForImpairmentInvestments 2025-03-31 01573719 frs-bus:Director1 2024-04-01 2025-03-31 01573719 frs-bus:Director2 2024-04-01 2025-03-31 01573719 frs-bus:Director3 2024-04-01 2025-03-31 01573719 frs-bus:Director4 2024-04-01 2025-03-31 01573719 frs-countries:EnglandWales 2024-04-01 2025-03-31 01573719 2023-03-31 01573719 2024-03-31 01573719 2023-04-01 2024-03-31 01573719 frs-core:CurrentFinancialInstruments 2024-03-31 01573719 frs-core:Non-currentFinancialInstruments 2024-03-31 01573719 frs-core:BetweenOneFiveYears 2024-03-31 01573719 frs-core:WithinOneYear 2024-03-31 01573719 frs-core:ShareCapital 2024-03-31 01573719 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 01573719 frs-bus:OrdinaryShareClass1 2023-04-01 2024-03-31 01573719 frs-bus:OrdinaryShareClass2 2023-04-01 2024-03-31 01573719 frs-bus:OrdinaryShareClass3 2023-04-01 2024-03-31 01573719 frs-bus:OrdinaryShareClass4 2023-04-01 2024-03-31 01573719 frs-bus:OrdinaryShareClass5 2023-04-01 2024-03-31
Registered number: 01573719
Coptrin Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
C W Dix Limited
Accountants & Business Advisors
4b Silkwood Court
Wakefield
West Yorkshire
WF5 9TP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 01573719
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 661,674 612,936
Investments 5 200,000 -
861,674 612,936
CURRENT ASSETS
Stocks 6 1,367,909 1,115,849
Debtors 7 1,680,569 1,116,259
Cash at bank and in hand 121,302 272,718
3,169,780 2,504,826
Creditors: Amounts Falling Due Within One Year 8 (1,879,784 ) (1,124,675 )
NET CURRENT ASSETS (LIABILITIES) 1,289,996 1,380,151
TOTAL ASSETS LESS CURRENT LIABILITIES 2,151,670 1,993,087
Creditors: Amounts Falling Due After More Than One Year 9 (108,892 ) (153,050 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (64,281 ) (64,281 )
NET ASSETS 1,978,497 1,775,756
CAPITAL AND RESERVES
Called up share capital 11 150 150
Profit and Loss Account 1,978,347 1,775,606
SHAREHOLDERS' FUNDS 1,978,497 1,775,756
Page 1
Page 2
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.
On behalf of the board
Ms Ashley Henderson
Director
12/12/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Coptrin Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01573719 . The registered office is Units 6, 7 & 8 Logistics Hub, Howley Park Road East, Howley Park, Morley, Leeds, LS27 0FU.
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 form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover form 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. 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 Not depreciated
Plant & Machinery 20% per annum on reducing balance
Motor Vehicles 25% per annum on reducing balance
Fixtures & Fittings 20% per annum on 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 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.
2.5. 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.
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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.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 5 4
Sales, marketing and distribution 22 21
27 25
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 April 2024 355,810 230,117 294,240 166,806 1,046,973
Additions - 38,509 97,898 - 136,407
Disposals - - (60,331 ) - (60,331 )
As at 31 March 2025 355,810 268,626 331,807 166,806 1,123,049
Depreciation
As at 1 April 2024 - 201,603 175,494 56,940 434,037
Provided during the period - 6,225 43,774 22,020 72,019
Disposals - - (44,681 ) - (44,681 )
As at 31 March 2025 - 207,828 174,587 78,960 461,375
Net Book Value
As at 31 March 2025 355,810 60,798 157,220 87,846 661,674
As at 1 April 2024 355,810 28,514 118,746 109,866 612,936
Page 4
Page 5
5. Investments
Other
£
Cost
As at 1 April 2024 -
Additions 200,000
As at 31 March 2025 200,000
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 200,000
As at 1 April 2024 -
6. Stocks
2025 2024
£ £
Finished goods 1,367,909 1,115,849
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,172,963 858,575
Prepayments and accrued income 69,202 69,586
Directors' loan accounts 40,306 188,098
1,282,471 1,116,259
Due after more than one year
Amounts owed by group undertakings 398,098 -
1,680,569 1,116,259
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 70,615 42,176
Trade creditors 801,904 510,304
Bank loans and overdrafts 577,084 291,973
Corporation tax 62,850 69,770
Other taxes and social security 14,227 11,354
VAT 172,279 156,197
Accruals and deferred income 146,830 42,901
Amounts owed to other participating interests 33,995 -
1,879,784 1,124,675
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9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 88,942 93,200
Bank loans 19,950 59,850
108,892 153,050
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 70,615 42,176
Later than one year and not later than five years 88,942 93,200
159,557 135,376
159,557 135,376
11. Share Capital
2025 2024
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1 each 100 100
10 Ordinary A shares of £ 1 each 10 10
10 Ordinary B shares of £ 1 each 10 10
10 Ordinary C shares of £ 1 each 10 10
10 Ordinary D shares of £ 1 each 10 10
10 Ordinary E shares of £ 1 each 10 10
150 150
12. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr James Henderson 188,098 - - - -
The above loans are unsecured, interest free and repayable on demand. The loan to James Henderson outstanding at 31 March 2024 was repaid in full on 30 April 2024.
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