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Registered number: 05435686
Brickbond (Sussex) Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Cornfield Accountants Limited
Chartered Accountants
5 Cornfield Terrace
Eastbourne
East Sussex
BN21 4NN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 05435686
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 15,900 19,040
15,900 19,040
CURRENT ASSETS
Stocks 5 31,125 15,000
Debtors 6 496,355 268,136
Cash at bank and in hand 135,511 324,290
662,991 607,426
Creditors: Amounts Falling Due Within One Year 7 (357,495 ) (496,510 )
NET CURRENT ASSETS (LIABILITIES) 305,496 110,916
TOTAL ASSETS LESS CURRENT LIABILITIES 321,396 129,956
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,975 ) (4,760 )
NET ASSETS 317,421 125,196
CAPITAL AND RESERVES
Called up share capital 200 200
Profit and Loss Account 317,221 124,996
SHAREHOLDERS' FUNDS 317,421 125,196
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For the year ending 31 August 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
C M Turner
Director
16/12/2025
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
Brickbond (Sussex) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05435686 . The registered office is 5 Cornfield Terrace, Cornfield Terrace, Eastbourne, BN21 4NN.
The presentation currency of the financial statements is the Pound Sterling (£).  
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. Significant judgements and estimations
In the application of the company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates are underlying assumptions and are based on historical experience and other factors that are considered relevant. Actual results may differ from these estimates. 
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.
The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial
statements are described below:
Work in progress
The valuation of work in progress is calculated using the fair value of each job completion. The values are calculated in accordance with one of three valuation methods, specified in the initial contract, as defined within the revenue recognition accounting policy.
2.3. 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 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.
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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, assets held under finance leases are depreciated in the same way as owned assets:
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment straight line over 3 years
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.
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.
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2.8. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 4 (2024: 4)
4 4
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 September 2024 23,565 250 6,968 30,783
Additions - - 1,015 1,015
As at 31 August 2025 23,565 250 7,983 31,798
Depreciation
As at 1 September 2024 4,713 62 6,968 11,743
Provided during the period 3,770 47 338 4,155
As at 31 August 2025 8,483 109 7,306 15,898
Net Book Value
As at 31 August 2025 15,082 141 677 15,900
As at 1 September 2024 18,852 188 - 19,040
5. Stocks
2025 2024
£ £
Work in progress 31,125 15,000
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 404,204 230,439
Other debtors 71,936 444
Prepayments 12,000 11,667
VAT 8,215 25,586
496,355 268,136
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 233,668 379,654
Corporation tax 64,860 4,268
Other taxes and social security 18,122 26,033
Other creditors 39,178 84,938
Accruals and deferred income 1,667 1,617
357,495 496,510
8. Pension Commitments
The company operates a defined contribution pension scheme. 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 £277 (2024 - £254) were due to the fund. They are included in Other Creditors.
9. Related Party Transactions
During the year, management charges totalling £247,200 (2024 - £232,000) were raised by the parent company. At the year end amounts totalling £24,720 (2024 - £NIL) were owing to the parent company.
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