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 03190694 Mr Sanjay Shah Mr C Maloney iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03190694 2024-03-31 03190694 2025-03-31 03190694 2024-04-01 2025-03-31 03190694 frs-core:CurrentFinancialInstruments 2025-03-31 03190694 frs-core:MotorVehicles 2025-03-31 03190694 frs-core:MotorVehicles 2024-04-01 2025-03-31 03190694 frs-core:MotorVehicles 2024-03-31 03190694 frs-core:PlantMachinery 2025-03-31 03190694 frs-core:PlantMachinery 2024-04-01 2025-03-31 03190694 frs-core:PlantMachinery 2024-03-31 03190694 frs-core:ShareCapital 2025-03-31 03190694 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 03190694 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03190694 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 03190694 frs-bus:SmallEntities 2024-04-01 2025-03-31 03190694 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 03190694 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 03190694 frs-bus:Director1 2024-04-01 2025-03-31 03190694 frs-bus:Director2 2024-04-01 2025-03-31 03190694 frs-countries:EnglandWales 2024-04-01 2025-03-31 03190694 2023-03-31 03190694 2024-03-31 03190694 2023-04-01 2024-03-31 03190694 frs-core:CurrentFinancialInstruments 2024-03-31 03190694 frs-core:ShareCapital 2024-03-31 03190694 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 03190694
Gastek Control Systems Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 03190694
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 60,449 20,618
60,449 20,618
CURRENT ASSETS
Stocks 5 56,746 75,817
Debtors 6 350,219 413,936
Cash at bank and in hand 263,278 269,649
670,243 759,402
Creditors: Amounts Falling Due Within One Year 7 (320,135 ) (353,600 )
NET CURRENT ASSETS (LIABILITIES) 350,108 405,802
TOTAL ASSETS LESS CURRENT LIABILITIES 410,557 426,420
PROVISIONS FOR LIABILITIES
Deferred Taxation (15,112 ) (5,155 )
NET ASSETS 395,445 421,265
CAPITAL AND RESERVES
Called up share capital 8 200 200
Profit and Loss Account 395,245 421,065
SHAREHOLDERS' FUNDS 395,445 421,265
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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 Sanjay Shah
Director
10 December 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Gastek Control Systems Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03190694 . The registered office is Unit 1 Thames Industrial Estate, High Street, Dunstable, Bedfordshire, LU6 3HL.
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 25% Straight line
Motor Vehicles 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.
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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.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.7. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.8. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.9. Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2024: 13)
13 13
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4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 April 2024 14,000 189,054 203,054
Additions - 61,990 61,990
As at 31 March 2025 14,000 251,044 265,044
Depreciation
As at 1 April 2024 14,000 168,436 182,436
Provided during the period - 22,159 22,159
As at 31 March 2025 14,000 190,595 204,595
Net Book Value
As at 31 March 2025 - 60,449 60,449
As at 1 April 2024 - 20,618 20,618
5. Stocks
2025 2024
£ £
Finished goods 56,746 75,817
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 346,905 413,936
Other debtors 3,314 -
350,219 413,936
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 146,324 173,781
Other taxes and social security 114,043 131,466
Other creditors 48,488 36,856
Accruals and deferred income 11,280 11,497
320,135 353,600
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8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 200 200
9. Related Party Transactions
Director Loan Accounts - these loans are free of interest and repayable on demand. The amount is included within other debtors/creditors.
Amount due (to)/from the related party: 2025: (£522) (2024: £36,856).
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