Acorah Software Products - Accounts Production 16.8.310 false true true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 03628521 Mrs Maria Forsyth Mr Thomas Forsyth Mr Christopher Freeman Mrs Maria Forsyth iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03628521 2024-07-31 03628521 2025-07-31 03628521 2024-08-01 2025-07-31 03628521 frs-core:CurrentFinancialInstruments 2025-07-31 03628521 frs-core:Non-currentFinancialInstruments 2025-07-31 03628521 frs-core:FurnitureFittings 2025-07-31 03628521 frs-core:FurnitureFittings 2024-08-01 2025-07-31 03628521 frs-core:FurnitureFittings 2024-07-31 03628521 frs-core:MotorVehicles 2025-07-31 03628521 frs-core:MotorVehicles 2024-08-01 2025-07-31 03628521 frs-core:MotorVehicles 2024-07-31 03628521 frs-core:PlantMachinery 2025-07-31 03628521 frs-core:PlantMachinery 2024-08-01 2025-07-31 03628521 frs-core:PlantMachinery 2024-07-31 03628521 frs-core:ShareCapital 2025-07-31 03628521 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 03628521 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 03628521 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 03628521 frs-bus:SmallEntities 2024-08-01 2025-07-31 03628521 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 03628521 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 03628521 frs-bus:Director1 2024-08-01 2025-07-31 03628521 frs-bus:Director2 2024-08-01 2025-07-31 03628521 frs-bus:Director3 2024-08-01 2025-07-31 03628521 frs-bus:CompanySecretary1 2024-08-01 2025-07-31 03628521 frs-countries:EnglandWales 2024-08-01 2025-07-31 03628521 2023-07-31 03628521 2024-07-31 03628521 2023-08-01 2024-07-31 03628521 frs-core:CurrentFinancialInstruments 2024-07-31 03628521 frs-core:Non-currentFinancialInstruments 2024-07-31 03628521 frs-core:ShareCapital 2024-07-31 03628521 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 03628521
Boyfield & Freeman Limited
Unaudited Financial Statements
For The Year Ended 31 July 2025
Gregory Priestley & Stewart
Chartered Accountants
Alexandra House
123 Priestsic Road
Sutton In Ashfield
Nottinghamshire
NG17 4EA
Boyfield & Freeman Limited
Contents
Contents

| Page
--- | ---
Company Information | 1
Statement of Financial Position | 2—3
Notes to the Financial Statements | 4—6

Page 1
Boyfield & Freeman Limited
Company Information
For The Year Ended 31 July 2025
Company Information

Directors | Mrs Maria Forsyth
| Mr Thomas Forsyth
| Mr Christopher Freeman
Secretary | Mrs Maria Forsyth
Company Number | 03628521
Registered Office | 15 Long Furlong
| Mountsorrel
| Loughborough
| Leicestershire
| LE12 7BW
Accountants | Gregory Priestley & Stewart
| Chartered Accountants
| Alexandra House
| 123 Priestsic Road
| Sutton In Ashfield
| Nottinghamshire
| NG17 4EA

Page 1
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Boyfield & Freeman Limited
Statement of Financial Position
As At 31 July 2025
Statement of Financial Position
Registered number: 03628521

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 6,280 |  | 8,624
|  |  | 6,280 |  | 8,624
CURRENT ASSETS
Stocks | 5 | 7,000 |  | 30,169 |
Debtors | 6 | 6,035 |  | 5,601 |
Cash at bank and in hand |  | 302 |  | 302 |
|  | 13,337 |  | 36,072 |
Creditors: Amounts Falling Due Within One Year | 7 | (52,317 ) |  | (39,749 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (38,980 ) |  | (3,677 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (32,700 ) |  | 4,947
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (8,900 ) |  | (20,951 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (1,193 ) |  | (1,639 )
NET LIABILITIES |  |  | (42,793 ) |  | (17,643 )
CAPITAL AND RESERVES
Called up share capital | 9 |  | 2 |  | 2
Income Statement |  |  | (42,795 ) |  | (17,645 )
SHAREHOLDERS' FUNDS |  |  | (42,793) |  | (17,643)

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Boyfield & Freeman Limited
Statement of Financial Position (continued)
As At 31 July 2025
For the year ending 31 July 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 Christopher Freeman Director
09/02/2026

The notes on pages 4 to 6 form part of these financial statements.
Page 3
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Boyfield & Freeman Limited
Notes to the Financial Statements
For The Year Ended 31 July 2025
Notes to the Financial Statements
1. General Information
Boyfield & Freeman Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03628521 . The registered office is 15 Long Furlong, Mountsorrel, Loughborough, Leicestershire, LE12 7BW.
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.
The financial statements are prepared in sterling, which is the functional currency of the entity.
2.2. Going Concern Disclosure
The accounts have been prepared on a going concern basis. This may not be appropriate because the company had a balance sheet deficit of £42,793 at 31st July 2025 (2024 : £17,643). The company is therefore dependant on the continued support of the bank and creditors. Should this support be withdrawn and the company be unable to continue trading, adjustments would have to be made to reduce the value of the assets to their net realisable value and to provide any further liabilities which may arise.
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 | 20% reducing balance
Motor Vehicles | 20% reducing balance
Fixtures & Fittings | 20% reducing balance

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.
2.6. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.
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Boyfield & Freeman Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
2.7. Taxation
Taxation 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.
2.8. Pensions
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
2.9. Debtors and creditors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
4. Tangible Assets

| Plant & Machinery | Motor Vehicles | Fixtures & Fittings | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 August 2024 | 11,586 | 22,134 | 9,505 | 43,225
As at 31 July 2025 | 11,586 | 22,134 | 9,505 | 43,225
Depreciation
As at 1 August 2024 | 10,315 | 15,685 | 8,601 | 34,601
Provided during the period | 254 | 1,909 | 181 | 2,344
As at 31 July 2025 | 10,569 | 17,594 | 8,782 | 36,945
Net Book Value
As at 31 July 2025 | 1,017 | 4,540 | 723 | 6,280
As at 1 August 2024 | 1,271 | 6,449 | 904 | 8,624

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Boyfield & Freeman Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Finished goods | 7,000 |  | 28,880
Work in progress | - |  | 1,289
| 7,000 |  | 30,169

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 3,090 |  | 2,476
Other debtors | 2,945 |  | 3,125
| 6,035 |  | 5,601

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 16,168 |  | 11,265
Bank loans and overdrafts | 14,677 |  | 12,472
Other creditors | 3,400 |  | 3,450
Taxation and social security | 18,072 |  | 12,562
| 52,317 |  | 39,749

8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 8,900 |  | 20,951

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 2 |  | 2

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