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 5107880 Mr ROBERT SIMMONITE Mr TIMOTHY SAGAR Mr DANIEL RUSSELL Mr ROBERT SIMMONITE true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 5107880 2024-03-31 5107880 2025-03-31 5107880 2024-04-01 2025-03-31 5107880 frs-core:CurrentFinancialInstruments 2025-03-31 5107880 frs-core:Non-currentFinancialInstruments 2025-03-31 5107880 frs-core:BetweenOneFiveYears 2025-03-31 5107880 frs-core:FurnitureFittings 2025-03-31 5107880 frs-core:FurnitureFittings 2024-04-01 2025-03-31 5107880 frs-core:FurnitureFittings 2024-03-31 5107880 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 5107880 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 5107880 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 5107880 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 5107880 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 5107880 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 5107880 frs-core:MotorVehicles 2025-03-31 5107880 frs-core:MotorVehicles 2024-04-01 2025-03-31 5107880 frs-core:MotorVehicles 2024-03-31 5107880 frs-core:PlantMachinery 2025-03-31 5107880 frs-core:PlantMachinery 2024-04-01 2025-03-31 5107880 frs-core:PlantMachinery 2024-03-31 5107880 frs-core:WithinOneYear 2025-03-31 5107880 frs-core:SharePremium 2025-03-31 5107880 frs-core:ShareCapital 2025-03-31 5107880 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 5107880 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 5107880 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 5107880 frs-bus:SmallEntities 2024-04-01 2025-03-31 5107880 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 5107880 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 5107880 frs-bus:OrdinaryShareClass1 2024-04-01 2025-03-31 5107880 frs-bus:OrdinaryShareClass1 2025-03-31 5107880 1 2024-04-01 2025-03-31 5107880 frs-bus:Director1 2024-04-01 2025-03-31 5107880 frs-bus:Director2 2024-04-01 2025-03-31 5107880 frs-bus:Director3 2024-04-01 2025-03-31 5107880 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 5107880 frs-countries:EnglandWales 2024-04-01 2025-03-31 5107880 2023-03-31 5107880 2024-03-31 5107880 2023-04-01 2024-03-31 5107880 frs-core:CurrentFinancialInstruments 2024-03-31 5107880 frs-core:Non-currentFinancialInstruments 2024-03-31 5107880 frs-core:BetweenOneFiveYears 2024-03-31 5107880 frs-core:MotorVehicles 2023-04-01 2024-03-31 5107880 frs-core:PlantMachinery 2023-04-01 2024-03-31 5107880 frs-core:WithinOneYear 2024-03-31 5107880 frs-core:SharePremium 2024-03-31 5107880 frs-core:ShareCapital 2024-03-31 5107880 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 5107880 frs-bus:OrdinaryShareClass1 2023-04-01 2024-03-31
Registered number: 5107880
BRADFORD LASER CUTTING LIMITED
Unaudited Financial Statements
For The Year Ended 31 March 2025
QUALITY BUSINESS SERVICES (YORKSHIRE) LIMITED
Association of Accounting Technicians
20 HIGH STREET
QUEENSBURY
BRADFORD
WEST YORKSHIRE
BD13 2PA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—8
Page 1
Balance Sheet
Registered number: 5107880
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,049,060 1,123,586
1,049,060 1,123,586
CURRENT ASSETS
Stocks 5 112,142 131,486
Debtors 6 576,905 1,114,898
Cash at bank and in hand 61,682 104,964
750,729 1,351,348
Creditors: Amounts Falling Due Within One Year 7 (1,084,302 ) (602,015 )
NET CURRENT ASSETS (LIABILITIES) (333,573 ) 749,333
TOTAL ASSETS LESS CURRENT LIABILITIES 715,487 1,872,919
Creditors: Amounts Falling Due After More Than One Year 8 (323,572 ) (476,866 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (99,207 ) (111,681 )
NET ASSETS 292,708 1,284,372
CAPITAL AND RESERVES
Called up share capital 10 33,333 33,333
Share premium account 2,333 2,333
Profit and Loss Account 257,042 1,248,706
SHAREHOLDERS' FUNDS 292,708 1,284,372
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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.
On behalf of the board
Mr ROBERT SIMMONITE
Director
Mr TIMOTHY SAGAR
Director
Mr DANIEL RUSSELL
Director
14 October 2025
The notes on pages 3 to 8 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Bradford Laser Cutting Limited, Registered number 5107880 is a limited by shares company incorporated in England & Wales. The Registered Office is Undercliffe Road, Eccleshill, Bradford, West Yorkshire, BD2 3DD.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 being depreciated
Leasehold Not being depreciated
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% 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.
2.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
2.8. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
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3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 5 5
Manufacturing 14 14
19 19
4. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Motor Vehicles
£ £ £ £
Cost
As at 1 April 2024 579,515 20,203 1,388,938 61,123
Additions - - 59,685 22,704
Disposals - - - (28,204 )
As at 31 March 2025 579,515 20,203 1,448,623 55,623
Depreciation
As at 1 April 2024 - - 899,861 36,671
Provided during the period - - 137,190 9,930
Disposals - - - (15,100 )
As at 31 March 2025 - - 1,037,051 31,501
Net Book Value
As at 31 March 2025 579,515 20,203 411,572 24,122
As at 1 April 2024 579,515 20,203 489,077 24,452
Fixtures & Fittings Total
£ £
Cost
As at 1 April 2024 27,077 2,076,856
Additions 7,858 90,247
Disposals - (28,204 )
As at 31 March 2025 34,935 2,138,899
...CONTINUED
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Depreciation
As at 1 April 2024 16,738 953,270
Provided during the period 4,549 151,669
Disposals - (15,100 )
As at 31 March 2025 21,287 1,089,839
Net Book Value
As at 31 March 2025 13,648 1,049,060
As at 1 April 2024 10,339 1,123,586
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2025 2024
£ £
Plant & Machinery 254,333 304,587
Motor Vehicles - 10,851
254,333 315,438
5. Stocks
2025 2024
£ £
Stocks 112,142 131,486
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 527,065 543,116
Prepayments and accrued income 48,889 31,535
Other debtors 951 951
Amounts owed by holding company - 539,296
576,905 1,114,898
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 104,790 83,190
Trade creditors 366,904 273,732
Bank loans and overdrafts 62,967 56,300
Corporation tax 48,952 71,735
Other taxes and social security 80,524 69,956
Accruals and deferred income 28,527 25,474
Amounts owed to holding company 320,010 -
Amounts owed to related company 71,628 21,628
1,084,302 602,015
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 107,017 211,807
Bank loans 216,555 265,059
323,572 476,866
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 104,790 83,190
Later than one year and not later than five years 107,017 211,807
211,807 294,997
211,807 294,997
10. Share Capital
2025 2024
Allotted, called up and fully paid £ £
33,333 Ordinary Shares of £ 1 each 33,333 33,333
11. Dividends
2025 2024
£ £
On equity shares:
Interim dividend paid 1,100,000 100,000
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12. Ultimate Controlling Party
The company's ultimate controlling parties are Robert Simmonite, Tim Sagar and Daniel Russell by virtue of their ownership of 100% of the issued share capital in the holding company.
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