Acorah Software Products - Accounts Production 16.8.200 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 5694349 Mr Howard Bilton Mr Anthony Norton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 5694349 2024-03-31 5694349 2025-03-31 5694349 2024-04-01 2025-03-31 5694349 frs-core:CurrentFinancialInstruments 2025-03-31 5694349 frs-core:Non-currentFinancialInstruments 2025-03-31 5694349 frs-core:InvestmentPropertyIncludedWithinPPE 2025-03-31 5694349 frs-core:InvestmentPropertyIncludedWithinPPE 2024-04-01 2025-03-31 5694349 frs-core:InvestmentPropertyIncludedWithinPPE 2024-03-31 5694349 frs-core:MotorVehicles 2025-03-31 5694349 frs-core:MotorVehicles 2024-04-01 2025-03-31 5694349 frs-core:MotorVehicles 2024-03-31 5694349 frs-core:CapitalRedemptionReserve 2025-03-31 5694349 frs-core:OtherReservesSubtotal 2025-03-31 5694349 frs-core:ShareCapital 2025-03-31 5694349 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 5694349 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 5694349 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 5694349 frs-bus:SmallEntities 2024-04-01 2025-03-31 5694349 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 5694349 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 5694349 frs-bus:Director1 2024-04-01 2025-03-31 5694349 frs-bus:Director2 2024-04-01 2025-03-31 5694349 frs-countries:EnglandWales 2024-04-01 2025-03-31 5694349 2023-03-31 5694349 2024-03-31 5694349 2023-04-01 2024-03-31 5694349 frs-core:CurrentFinancialInstruments 2024-03-31 5694349 frs-core:Non-currentFinancialInstruments 2024-03-31 5694349 frs-core:MotorVehicles 2023-04-01 2024-03-31 5694349 frs-core:CapitalRedemptionReserve 2024-03-31 5694349 frs-core:OtherReservesSubtotal 2024-03-31 5694349 frs-core:ShareCapital 2024-03-31 5694349 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 5694349 frs-core:AcceleratedTaxDepreciationDeferredTax 2024-03-31
Registered number: 5694349
Gardenbook Holdings Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 5694349
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,804,000 2,860,233
2,804,000 2,860,233
CURRENT ASSETS
Debtors 5 3,860,074 3,129,565
Cash at bank and in hand 12,029 672,942
3,872,103 3,802,507
Creditors: Amounts Falling Due Within One Year 6 (203,368 ) (200,442 )
NET CURRENT ASSETS (LIABILITIES) 3,668,735 3,602,065
TOTAL ASSETS LESS CURRENT LIABILITIES 6,472,735 6,462,298
Creditors: Amounts Falling Due After More Than One Year 7 (481,058 ) (548,681 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 9 (165,112 ) (179,170 )
NET ASSETS 5,826,565 5,734,447
CAPITAL AND RESERVES
Called up share capital 10 10,500 10,500
Capital redemption reserve 10,500 10,500
Other reserves 1,380,501 1,380,501
Profit and Loss Account 4,425,064 4,332,946
SHAREHOLDERS' FUNDS 5,826,565 5,734,447
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 Anthony Norton
Director
23/12/2025
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
Gardenbook Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 5694349 . The registered office is Thorney Fen, Rosslyn Lane, Cuddington, Northwich, Cheshire, CW8 2JZ.
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.
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:
Motor Vehicles 25% reducing balance
2.4. Investment Properties
Investment properties shall not be subject to periodic charges for depreciation except for properties held on lease, which shall be depreciated at least over the period when the unexpired term is 20 years or less.
Investment properties shall be included in the balance sheet at their market value.
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. 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 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Investment Properties Motor Vehicles Total
£ £ £
Cost
As at 1 April 2024 2,804,000 133,292 2,937,292
Disposals - (133,292 ) (133,292 )
As at 31 March 2025 2,804,000 - 2,804,000
Depreciation
As at 1 April 2024 - 77,059 77,059
Disposals - (77,059 ) (77,059 )
As at 31 March 2025 - - -
Net Book Value
As at 31 March 2025 2,804,000 - 2,804,000
As at 1 April 2024 2,804,000 56,233 2,860,233
The cost of investment properties acquired during the year ended 31 March 2012 from fellow group companies was based on an open market valuation at 31 March 2011 by the directors. 
The addition to investment properties in the year ended 31 March 2017 was included at it's acquisition cost. It was disposed of in the year to 31 March 2024.
In the opinion of the directors these values remain unchanged at 31 March 2025.
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2025 2024
£ £
Motor Vehicles - 56,233
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 40,100 85,643
Corporation tax recoverable assets 62,867 62,867
VAT 3,414 -
Directors' loan accounts 876,257 588,619
Amounts owed by associates 2,877,436 2,392,436
3,860,074 3,129,565
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Page 5
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 11,859
Trade creditors 10,833 21,333
Bank loans and overdrafts 9,471 13,395
Corporation tax 174,611 131,295
Other taxes and social security - 15,133
Accruals and deferred income 8,453 7,427
203,368 200,442
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 62,076
Bank loans 481,058 486,605
481,058 548,681
8. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 73,935
Bank loans and overdrafts 490,529 500,000
9. Deferred Taxation
The provision for other deferred tax relates to revaluations of investment properties.
2025 2024
£ £
Accelerated capital allowances - 14,058
Other timing differences 165,112 165,112
165,112 179,170
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10,500 10,500
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors: Mr Anthony Norton £876,257 (2024: £588,619) and Mr Howard Bilton £nil (2024: £nil).
The above loan is unsecured, interest free and repayable on demand.
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