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 04379888 Mr Andrew Eagle Mrs Joy Eagle Mr Timothy Eagle Mr David Porter Mr Andrew Eagle iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04379888 2024-03-31 04379888 2025-03-31 04379888 2024-04-01 2025-03-31 04379888 frs-core:CurrentFinancialInstruments 2025-03-31 04379888 frs-core:Non-currentFinancialInstruments 2025-03-31 04379888 frs-core:ComputerEquipment 2025-03-31 04379888 frs-core:ComputerEquipment 2024-04-01 2025-03-31 04379888 frs-core:ComputerEquipment 2024-03-31 04379888 frs-core:FurnitureFittings 2025-03-31 04379888 frs-core:FurnitureFittings 2024-04-01 2025-03-31 04379888 frs-core:FurnitureFittings 2024-03-31 04379888 frs-core:NetGoodwill 2025-03-31 04379888 frs-core:NetGoodwill 2024-04-01 2025-03-31 04379888 frs-core:NetGoodwill 2024-03-31 04379888 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 04379888 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 04379888 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 04379888 frs-core:MotorVehicles 2024-04-01 2025-03-31 04379888 frs-core:PlantMachinery 2024-04-01 2025-03-31 04379888 frs-core:ShareCapital 2025-03-31 04379888 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 04379888 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04379888 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 04379888 frs-bus:SmallEntities 2024-04-01 2025-03-31 04379888 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 04379888 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04379888 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-03-31 04379888 frs-bus:Director1 2024-04-01 2025-03-31 04379888 frs-bus:Director2 2024-04-01 2025-03-31 04379888 frs-bus:Director3 2024-04-01 2025-03-31 04379888 frs-bus:Director4 2024-04-01 2025-03-31 04379888 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 04379888 frs-countries:EnglandWales 2024-04-01 2025-03-31 04379888 2023-03-31 04379888 2024-03-31 04379888 2023-04-01 2024-03-31 04379888 frs-core:CurrentFinancialInstruments 2024-03-31 04379888 frs-core:Non-currentFinancialInstruments 2024-03-31 04379888 frs-core:ShareCapital 2024-03-31 04379888 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 04379888 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31
Registered number: 04379888
Forthmeadow Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Focal Business Group Limited
Chartered Institue of Management Accountants
4A Church Street
Market Harborough
Leicestershire
LE16 7AA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04379888
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 837,335 836,158
837,335 836,158
CURRENT ASSETS
Debtors 6 5,224 7,696
Cash at bank and in hand 10,942 6,092
16,166 13,788
Creditors: Amounts Falling Due Within One Year 7 (90,623 ) (98,327 )
NET CURRENT ASSETS (LIABILITIES) (74,457 ) (84,539 )
TOTAL ASSETS LESS CURRENT LIABILITIES 762,878 751,619
Creditors: Amounts Falling Due After More Than One Year 8 (393,061 ) (424,955 )
NET ASSETS 369,817 326,664
CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Fair value reserve 295,565 295,565
Profit and Loss Account 73,252 30,099
SHAREHOLDERS' FUNDS 369,817 326,664
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 Andrew Eagle
Director
23 December 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Forthmeadow Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04379888 . The registered office is Lowood House Farm, Low Woods Lane Belton, Loughborough, Leicestershire, LE12 9TR.
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:
Freehold 2% on cost
Plant & Machinery 20% on cost
Motor Vehicles 20% on cost
Fixtures & Fittings 20% on cost
Computer Equipment 20% on cost
3. Average Number of Employees
Average number of employees, including directors, during the year was: 26 (2024: 26)
26 26
Page 3
Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 45,000
As at 31 March 2025 45,000
Amortisation
As at 1 April 2024 45,000
As at 31 March 2025 45,000
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
5. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 832,520 22,562 2,172 857,254
Additions - 2,967 379 3,346
As at 31 March 2025 832,520 25,529 2,551 860,600
Depreciation
As at 1 April 2024 - 19,108 1,988 21,096
Provided during the period - 1,991 178 2,169
As at 31 March 2025 - 21,099 2,166 23,265
Net Book Value
As at 31 March 2025 832,520 4,430 385 837,335
As at 1 April 2024 832,520 3,454 184 836,158
Page 4
Page 5
Cost or valuation as at 31 March 2025 represented by:
Land & Property
Freehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
At cost 832,520 25,529 2,551 860,600
832,520 25,529 2,551 860,600
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 5,224 7,696
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 10,434 28,768
Bank loans and overdrafts 44,130 43,869
Other creditors 6,169 (5,426)
Taxation and social security 29,890 31,116
90,623 98,327
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 158,069 222,563
Other loans 40,000 40,000
Amounts owed to participating interests 194,992 162,392
393,061 424,955
9. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Bank loans and overdrafts 185,651 239,764
Page 5