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 04386679 Mr A Cole Mr S Cole iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04386679 2024-03-31 04386679 2025-03-31 04386679 2024-04-01 2025-03-31 04386679 frs-core:CurrentFinancialInstruments 2025-03-31 04386679 frs-core:Non-currentFinancialInstruments 2025-03-31 04386679 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 04386679 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 04386679 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 04386679 frs-core:MotorVehicles 2025-03-31 04386679 frs-core:MotorVehicles 2024-04-01 2025-03-31 04386679 frs-core:MotorVehicles 2024-03-31 04386679 frs-core:PlantMachinery 2025-03-31 04386679 frs-core:PlantMachinery 2024-04-01 2025-03-31 04386679 frs-core:PlantMachinery 2024-03-31 04386679 frs-core:WithinOneYear 2025-03-31 04386679 frs-core:ShareCapital 2025-03-31 04386679 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 04386679 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04386679 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 04386679 frs-bus:SmallEntities 2024-04-01 2025-03-31 04386679 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 04386679 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04386679 frs-core:CostValuation 2024-03-31 04386679 frs-core:CostValuation 2025-03-31 04386679 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 04386679 frs-core:ProvisionsForImpairmentInvestments 2025-03-31 04386679 frs-bus:Director1 2024-04-01 2025-03-31 04386679 frs-bus:Director1 2024-03-31 04386679 frs-bus:Director1 2025-03-31 04386679 frs-bus:Director2 2024-04-01 2025-03-31 04386679 frs-bus:Director2 2024-03-31 04386679 frs-bus:Director2 2025-03-31 04386679 frs-countries:EnglandWales 2024-04-01 2025-03-31 04386679 2023-03-31 04386679 2024-03-31 04386679 2023-04-01 2024-03-31 04386679 frs-core:CurrentFinancialInstruments 2024-03-31 04386679 frs-core:Non-currentFinancialInstruments 2024-03-31 04386679 frs-core:WithinOneYear 2024-03-31 04386679 frs-core:ShareCapital 2024-03-31 04386679 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 04386679
W.H. Cole & Son Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—6
Page 1
Statement of Financial Position
Registered number: 04386679
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 120,062 95,935
Investments 5 100 100
120,162 96,035
CURRENT ASSETS
Stocks 6 7,000 7,000
Debtors 7 185,606 237,299
Cash at bank and in hand 52,939 67,896
245,545 312,195
Creditors: Amounts Falling Due Within One Year 8 (72,199 ) (152,538 )
NET CURRENT ASSETS (LIABILITIES) 173,346 159,657
TOTAL ASSETS LESS CURRENT LIABILITIES 293,508 255,692
Creditors: Amounts Falling Due After More Than One Year 9 (1,917 ) (10,970 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,669 ) (8,669 )
NET ASSETS 282,922 236,053
CAPITAL AND RESERVES
Called up share capital 11 1,000 1,000
Income Statement 281,922 235,053
SHAREHOLDERS' FUNDS 282,922 236,053
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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 Income Statement.
On behalf of the board
Mr A Cole
Director
23/12/2025
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
W.H. Cole & Son Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04386679 . The registered office is Keeds Farm, 14 Warren Lane, Long Ashton, Bristol, BS41 9DA.
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:
Freehold Nil
Plant & Machinery 15% reducing balance
Motor Vehicles 25% reducing balance
2.4. 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 income statement 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 income statement as incurred.
2.5. 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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2.6. 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 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2024: 9)
9 9
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 April 2024 61,258 102,113 112,744 276,115
Additions - 3,929 35,358 39,287
As at 31 March 2025 61,258 106,042 148,102 315,402
Depreciation
As at 1 April 2024 - 72,728 107,452 180,180
Provided during the period - 4,997 10,163 15,160
As at 31 March 2025 - 77,725 117,615 195,340
Net Book Value
As at 31 March 2025 61,258 28,317 30,487 120,062
As at 1 April 2024 61,258 29,385 5,292 95,935
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5. Investments
Subsidiaries
£
Cost or Valuation
As at 1 April 2024 100
As at 31 March 2025 100
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 100
As at 1 April 2024 100
6. Stocks
2025 2024
£ £
Stock 7,000 7,000
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 8,583 96,226
Amounts owed by group undertakings 158,850 122,900
Other debtors 18,173 18,173
185,606 237,299
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 14,388 -
Trade creditors 267 8,291
Bank loans and overdrafts 10,468 10,468
Other creditors 9,019 74,697
Taxation and social security 38,057 59,082
72,199 152,538
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 1,917 10,970
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10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 14,388 -
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
12. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Antony Cole 3,490 - - - 3,490
Mr Steven Cole 5,471 - - - 5,471
The above loan is unsecured, interest free and repayable on demand.
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