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 06828579 Mr Ricky Turner Mrs Lucy Turner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06828579 2024-03-31 06828579 2025-03-31 06828579 2024-04-01 2025-03-31 06828579 frs-core:CurrentFinancialInstruments 2025-03-31 06828579 frs-core:Non-currentFinancialInstruments 2025-03-31 06828579 frs-core:ComputerEquipment 2025-03-31 06828579 frs-core:ComputerEquipment 2024-04-01 2025-03-31 06828579 frs-core:ComputerEquipment 2024-03-31 06828579 frs-core:FurnitureFittings 2025-03-31 06828579 frs-core:FurnitureFittings 2024-04-01 2025-03-31 06828579 frs-core:FurnitureFittings 2024-03-31 06828579 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 06828579 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 06828579 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 06828579 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 06828579 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 06828579 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 06828579 frs-core:MotorVehicles 2025-03-31 06828579 frs-core:MotorVehicles 2024-04-01 2025-03-31 06828579 frs-core:MotorVehicles 2024-03-31 06828579 frs-core:PlantMachinery 2025-03-31 06828579 frs-core:PlantMachinery 2024-04-01 2025-03-31 06828579 frs-core:PlantMachinery 2024-03-31 06828579 frs-core:WithinOneYear 2025-03-31 06828579 frs-core:ShareCapital 2025-03-31 06828579 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 06828579 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06828579 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 06828579 frs-bus:SmallEntities 2024-04-01 2025-03-31 06828579 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06828579 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06828579 frs-bus:Director1 2024-04-01 2025-03-31 06828579 frs-bus:Director2 2024-04-01 2025-03-31 06828579 frs-countries:EnglandWales 2024-04-01 2025-03-31 06828579 2023-03-31 06828579 2024-03-31 06828579 2023-04-01 2024-03-31 06828579 frs-core:CurrentFinancialInstruments 2024-03-31 06828579 frs-core:Non-currentFinancialInstruments 2024-03-31 06828579 frs-core:BetweenOneFiveYears 2024-03-31 06828579 frs-core:WithinOneYear 2024-03-31 06828579 frs-core:ShareCapital 2024-03-31 06828579 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 06828579
Crowland Pallets 2009 Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
FD Business Services Ltd
128 City Road
London
EC1V 2NX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 06828579
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 463,643 408,639
463,643 408,639
CURRENT ASSETS
Stocks 5 14,400 18,200
Debtors 6 353,779 432,237
Cash at bank and in hand 237,869 205,437
606,048 655,874
Creditors: Amounts Falling Due Within One Year 7 (241,551 ) (239,326 )
NET CURRENT ASSETS (LIABILITIES) 364,497 416,548
TOTAL ASSETS LESS CURRENT LIABILITIES 828,140 825,187
Creditors: Amounts Falling Due After More Than One Year 8 - (6,389 )
NET ASSETS 828,140 818,798
CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Profit and Loss Account 827,140 817,798
SHAREHOLDERS' FUNDS 828,140 818,798
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
Mr Ricky Turner
Director
11/11/2025
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
Crowland Pallets 2009 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06828579 . The registered office is Fairview Farm, 19 Milldrove South, Cowbit, Spalding, Lincolnshire, PE12 6FS.
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. 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 0%
Leasehold 20% RB
Plant & Machinery 20% RB
Motor Vehicles 25% RB
Fixtures & Fittings 25% RB
Computer Equipment 25% RB
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.
Page 3
Page 4
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.
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: 7 (2024: 7)
7 7
4. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Motor Vehicles
£ £ £ £
Cost
As at 1 April 2024 - - 305,833 305,698
Additions 69,050 56,289 48,239 35,535
Disposals - - (93,132 ) (17,161 )
Transfers - 101,952 (68,500 ) -
As at 31 March 2025 69,050 158,241 192,440 324,072
Depreciation
As at 1 April 2024 - - 154,669 135,971
Provided during the period - 21,101 23,155 47,025
Disposals - (884 ) (68,129 ) -
Transfers - 37,679 (9,875 ) -
As at 31 March 2025 - 57,896 99,820 182,996
Net Book Value
As at 31 March 2025 69,050 100,345 92,620 141,076
As at 1 April 2024 - - 151,164 169,727
Page 4
Page 5
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 90,149 67,854 769,534
Additions 10,650 3,433 223,196
Disposals (862 ) (14,850 ) (126,005 )
Transfers 15,736 (49,188 ) -
As at 31 March 2025 115,673 7,249 866,725
Depreciation
As at 1 April 2024 37,147 33,108 360,895
Provided during the period 25,006 1,122 117,409
Disposals (2,798 ) (3,410 ) (75,221 )
Transfers (870 ) (26,935 ) (1 )
As at 31 March 2025 58,485 3,885 403,082
Net Book Value
As at 31 March 2025 57,188 3,364 463,643
As at 1 April 2024 53,002 34,746 408,639
5. Stocks
2025 2024
£ £
Stock 14,400 18,200
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 351,769 268,948
Amounts owed by group undertakings - 95,449
Other debtors 2,010 67,840
353,779 432,237
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 17,933 22,596
Trade creditors 14,784 84,702
Bank loans and overdrafts 62,298 25,053
Other creditors 13,710 756
Taxation and social security 132,826 106,219
241,551 239,326
Page 5
Page 6
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 6,389
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 17,933 22,596
Later than one year and not later than five years - 6,389
17,933 28,985
17,933 28,985
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 6