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 00814350 Mrs A Bettridge Mr A Bettridge Mrs A Bettridge iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00814350 2024-03-31 00814350 2025-03-31 00814350 2024-04-01 2025-03-31 00814350 frs-core:CurrentFinancialInstruments 2025-03-31 00814350 frs-core:Non-currentFinancialInstruments 2025-03-31 00814350 frs-core:ComputerEquipment 2024-04-01 2025-03-31 00814350 frs-core:FurnitureFittings 2024-04-01 2025-03-31 00814350 frs-core:LandBuildings 2025-03-31 00814350 frs-core:LandBuildings 2024-04-01 2025-03-31 00814350 frs-core:LandBuildings 2024-03-31 00814350 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 00814350 frs-core:MotorVehicles 2024-04-01 2025-03-31 00814350 frs-core:PlantMachinery 2025-03-31 00814350 frs-core:PlantMachinery 2024-04-01 2025-03-31 00814350 frs-core:PlantMachinery 2024-03-31 00814350 frs-core:ShareCapital 2025-03-31 00814350 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 00814350 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 00814350 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 00814350 frs-bus:SmallEntities 2024-04-01 2025-03-31 00814350 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 00814350 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 00814350 frs-bus:Director1 2024-04-01 2025-03-31 00814350 frs-bus:Director2 2024-04-01 2025-03-31 00814350 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 00814350 frs-countries:EnglandWales 2024-04-01 2025-03-31 00814350 2023-03-31 00814350 2024-03-31 00814350 2023-04-01 2024-03-31 00814350 frs-core:CurrentFinancialInstruments 2024-03-31 00814350 frs-core:Non-currentFinancialInstruments 2024-03-31 00814350 frs-core:ShareCapital 2024-03-31 00814350 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 00814350
L.W. Bettridge Limited
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: 00814350
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 81,189 163,033
81,189 163,033
CURRENT ASSETS
Stocks 5 7,200 11,493
Debtors 6 14,096 32,530
Cash at bank and in hand 261,667 11,581
282,963 55,604
Creditors: Amounts Falling Due Within One Year 7 (89,003 ) (130,847 )
NET CURRENT ASSETS (LIABILITIES) 193,960 (75,243 )
TOTAL ASSETS LESS CURRENT LIABILITIES 275,149 87,790
Creditors: Amounts Falling Due After More Than One Year 8 - (11,667 )
NET ASSETS 275,149 76,123
CAPITAL AND RESERVES
Called up share capital 10 3,000 3,000
Profit and Loss Account 272,149 73,123
SHAREHOLDERS' FUNDS 275,149 76,123
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 A Bettridge
Director
29th December 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
L.W. Bettridge Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00814350 . The registered office is The Unit, Blackberry Lane, Chichester, West Sussex, PO19 7FS.
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 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:
Freehold 2% on cost
Plant & Machinery 15% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance
Computer Equipment 25% reducing balance
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 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 4)
4 4
Page 3
Page 4
4. Tangible Assets
Land & Buildings Plant & Machinery etc. Total
£ £ £
Cost
As at 1 April 2024 215,453 105,562 321,015
Additions - 715 715
Disposals (90,000 ) - (90,000 )
As at 31 March 2025 125,453 106,277 231,730
Depreciation
As at 1 April 2024 72,218 85,764 157,982
Provided during the period 2,509 4,450 6,959
Disposals (14,400 ) - (14,400 )
As at 31 March 2025 60,327 90,214 150,541
Net Book Value
As at 31 March 2025 65,126 16,063 81,189
As at 1 April 2024 143,235 19,798 163,033
5. Stocks
2025 2024
£ £
Work in progress 7,200 11,493
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 5,209 23,348
Other debtors 8,887 9,182
14,096 32,530
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 7,595 12,772
Bank loans and overdrafts - 10,000
Other creditors 17,311 100,052
Taxation and social security 64,097 8,023
89,003 130,847
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 11,667
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9. Secured Creditors
Bank borrowing are secured by a charge over the company's freehold premises, a guarantee from the directors and directors' life insurance policies.
2025 2024
£ £
Bank loans and overdrafts - 21,667
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 3,000 3,000
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