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Registered number: 05823130
Energy Efficiency Consultancy Ltd
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: 05823130
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 123,180 175,454
123,180 175,454
CURRENT ASSETS
Stocks 5 16,282 16,282
Debtors 6 810,093 941,407
Cash at bank and in hand 328,612 280,683
1,154,987 1,238,372
Creditors: Amounts Falling Due Within One Year 7 (448,402 ) (578,428 )
NET CURRENT ASSETS (LIABILITIES) 706,585 659,944
TOTAL ASSETS LESS CURRENT LIABILITIES 829,765 835,398
Creditors: Amounts Falling Due After More Than One Year 8 (69,538 ) (34,358 )
NET ASSETS 760,227 801,040
CAPITAL AND RESERVES
Called up share capital 10 200 200
Profit and Loss Account 760,027 800,840
SHAREHOLDERS' FUNDS 760,227 801,040
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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 R R Wallace
Director
22 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
Energy Efficiency Consultancy Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05823130 . The registered office is Suite 9 The Green Fountain Street, Macclesfield, Cheshire, SK10 1JN.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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:
Plant & Machinery over 5 years
Motor Vehicles over 3 years
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. 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.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.8. 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.
2.9. Research and development
Research and development costs incurred are written off in the year incurred with the exception of any equipment or software that is capitalised in line with the Company's accounting policy.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 27 (2024: 31)
27 31
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 April 2024 136,659 198,680 335,339
Additions 1,566 - 1,566
As at 31 March 2025 138,225 198,680 336,905
Depreciation
As at 1 April 2024 98,416 61,469 159,885
Provided during the period 23,036 30,804 53,840
As at 31 March 2025 121,452 92,273 213,725
Net Book Value
As at 31 March 2025 16,773 106,407 123,180
As at 1 April 2024 38,243 137,211 175,454
5. Stocks
2025 2024
£ £
Materials 16,282 16,282
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 229,853 148,894
Other debtors 70,399 75,239
Corporation tax recoverable assets 82,895 82,895
Amounts owed by group undertakings 426,946 634,379
810,093 941,407
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 26,406 135,843
Trade creditors 192,468 306,126
Bank loans and overdrafts 61,350 77,974
Other taxes and social security 39,697 46,808
VAT 51,994 5,182
Net wages 100 -
Other creditors 5,343 5,343
Company Credit Card 141 141
Accruals and deferred income 70,405 -
Directors' loan accounts 498 1,011
448,402 578,428
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 54,467 (26,406 )
Bank loans 15,071 75,356
Other loans - (14,592 )
69,538 34,358
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 26,406 135,843
Later than one year and not later than five years 54,467 (26,406 )
80,873 109,437
80,873 109,437
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 200 200
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11. Related Party Transactions
Included within debtors is an amount due from Energy Efficiency Consultancy Group Limited of £334,223 (2024 - creditor of £393,384). This company is controlled by Robert Wallace.
12. Ultimate Controlling Party
The company's ultimate controlling party is Energy Efficiency Consultancy Group Limited.
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