Acorah Software Products - Accounts Production 16.8.200 false true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 05147502 Mr James Moss Mrs Kathryn Moss iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05147502 2024-06-30 05147502 2025-06-30 05147502 2024-07-01 2025-06-30 05147502 frs-core:CurrentFinancialInstruments 2025-06-30 05147502 frs-core:ComputerEquipment 2025-06-30 05147502 frs-core:ComputerEquipment 2024-07-01 2025-06-30 05147502 frs-core:ComputerEquipment 2024-06-30 05147502 frs-core:FurnitureFittings 2025-06-30 05147502 frs-core:FurnitureFittings 2024-07-01 2025-06-30 05147502 frs-core:FurnitureFittings 2024-06-30 05147502 frs-core:MotorVehicles 2025-06-30 05147502 frs-core:MotorVehicles 2024-07-01 2025-06-30 05147502 frs-core:MotorVehicles 2024-06-30 05147502 frs-core:PlantMachinery 2025-06-30 05147502 frs-core:PlantMachinery 2024-07-01 2025-06-30 05147502 frs-core:PlantMachinery 2024-06-30 05147502 frs-core:ShareCapital 2025-06-30 05147502 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 05147502 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 05147502 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 05147502 frs-bus:SmallEntities 2024-07-01 2025-06-30 05147502 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 05147502 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 05147502 frs-bus:Director1 2024-07-01 2025-06-30 05147502 frs-bus:CompanySecretary1 2024-07-01 2025-06-30 05147502 frs-countries:EnglandWales 2024-07-01 2025-06-30 05147502 2023-06-30 05147502 2024-06-30 05147502 2023-07-01 2024-06-30 05147502 frs-core:CurrentFinancialInstruments 2024-06-30 05147502 frs-core:ShareCapital 2024-06-30 05147502 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: 05147502
Switchgear Limited
Unaudited Financial Statements
For The Year Ended 30 June 2025
CCF Accountancy Limited
Chartered Certified Accountants & Chartered Tax Advisers
20 Victoria Avenue
Harrogate
HG1 5QY
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05147502
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 46,892 22,193
46,892 22,193
CURRENT ASSETS
Stocks 5 17,799 26,208
Debtors 6 68,415 48,872
Cash at bank and in hand 459,931 328,374
546,145 403,454
Creditors: Amounts Falling Due Within One Year 7 (125,097 ) (133,171 )
NET CURRENT ASSETS (LIABILITIES) 421,048 270,283
TOTAL ASSETS LESS CURRENT LIABILITIES 467,940 292,476
NET ASSETS 467,940 292,476
CAPITAL AND RESERVES
Called up share capital 8 4 4
Profit and Loss Account 467,936 292,472
SHAREHOLDERS' FUNDS 467,940 292,476
Page 1
Page 2
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 James Moss
Director
18/12/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Switchgear Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05147502 . The registered office is Unit 715d Street 3, Thorp Arch Estate, Wetherby, West Yorkshire, LS23 7FY.
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:
Plant & Machinery 15% Straight Line
Motor Vehicles 20% Reducing Balance
Fixtures & Fittings 15% Straight Line
Computer Equipment 25% Straight Line
2.4. 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.
2.5. 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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 3)
4 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 July 2024 17,349 22,245 23,387 1,915 64,896
Additions 9,384 39,140 - - 48,524
Disposals (1,659 ) (22,245 ) - - (23,904 )
As at 30 June 2025 25,074 39,140 23,387 1,915 89,516
Depreciation
As at 1 July 2024 15,497 10,195 15,231 1,780 42,703
Provided during the period 2,264 7,828 1,620 63 11,775
Disposals (1,659 ) (10,195 ) - - (11,854 )
As at 30 June 2025 16,102 7,828 16,851 1,843 42,624
Net Book Value
As at 30 June 2025 8,972 31,312 6,536 72 46,892
As at 1 July 2024 1,852 12,050 8,156 135 22,193
5. Stocks
2025 2024
£ £
Stock 17,799 26,208
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 63,398 46,492
Other debtors 5,017 2,380
68,415 48,872
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 20,154 69,581
Other creditors 18,675 4,060
Taxation and social security 86,268 59,530
125,097 133,171
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 4 4
Page 4