Acorah Software Products - Accounts Production 16.8.310 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 10758309 Mr MICHAEL MILES Mr Oliver Carter iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10758309 2024-05-31 10758309 2025-05-31 10758309 2024-06-01 2025-05-31 10758309 frs-core:CurrentFinancialInstruments 2025-05-31 10758309 frs-core:Non-currentFinancialInstruments 2025-05-31 10758309 frs-core:ComputerEquipment 2025-05-31 10758309 frs-core:ComputerEquipment 2024-06-01 2025-05-31 10758309 frs-core:ComputerEquipment 2024-05-31 10758309 frs-core:NetGoodwill 2025-05-31 10758309 frs-core:NetGoodwill 2024-06-01 2025-05-31 10758309 frs-core:NetGoodwill 2024-05-31 10758309 frs-core:MotorVehicles 2025-05-31 10758309 frs-core:MotorVehicles 2024-06-01 2025-05-31 10758309 frs-core:MotorVehicles 2024-05-31 10758309 frs-core:PlantMachinery 2025-05-31 10758309 frs-core:PlantMachinery 2024-06-01 2025-05-31 10758309 frs-core:PlantMachinery 2024-05-31 10758309 frs-core:ShareCapital 2025-05-31 10758309 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 10758309 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 10758309 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 10758309 frs-bus:SmallEntities 2024-06-01 2025-05-31 10758309 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 10758309 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 10758309 frs-bus:Director1 2024-06-01 2025-05-31 10758309 frs-bus:Director2 2024-06-01 2025-05-31 10758309 frs-countries:EnglandWales 2024-06-01 2025-05-31 10758309 2023-05-31 10758309 2024-05-31 10758309 2023-06-01 2024-05-31 10758309 frs-core:CurrentFinancialInstruments 2024-05-31 10758309 frs-core:Non-currentFinancialInstruments 2024-05-31 10758309 frs-core:ShareCapital 2024-05-31 10758309 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 10758309
Ollie's Logs Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2025
MANY Bookkeeping & Accountancy Services Ltd
Ollie's Logs Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Ollie's Logs Ltd
Balance Sheet
As At 31 May 2025
Balance Sheet
Registered number: 10758309

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 2,663 |  | 3,996
Tangible Assets | 5 |  | 40,831 |  | 20,272
|  |  | 43,494 |  | 24,268
CURRENT ASSETS
Stocks | 6 | 11,787 |  | 9,225 |
Debtors | 7 | 3,165 |  | 2 |
Cash at bank and in hand |  | 414 |  | 8,231 |
|  | 15,366 |  | 17,458 |
Creditors: Amounts Falling Due Within One Year | 8 | (88,786 ) |  | (65,204 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (73,420 ) |  | (47,746 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (29,926 ) |  | (23,478 )
Creditors: Amounts Falling Due After More Than One Year | 9 |  | - |  | (86 )
NET LIABILITIES |  |  | (29,926 ) |  | (23,564 )
CAPITAL AND RESERVES
Called up share capital | 10 |  | 2 |  | 2
Profit and Loss Account |  |  | (29,928 ) |  | (23,566 )
SHAREHOLDERS' FUNDS |  |  | (29,926) |  | (23,564)

Page 1
Page 2
Ollie's Logs Ltd
Balance Sheet (continued)
As At 31 May 2025
For the year ending 31 May 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 MICHAEL MILES Director
24/03/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Ollie's Logs Ltd
Notes to the Financial Statements
For The Year Ended 31 May 2025
Notes to the Financial Statements
1. General Information
Ollie's Logs Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10758309 . The registered office is 1 Pennine View, Burneston, Bedale, North Yorkshire, DL8 2JS.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
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 | 15% reducing balance
Motor Vehicles | 25% reducing balance
Computer Equipment | 33% 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: 2)
- 2
Page 3
Page 4
Ollie's Logs Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2025
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 June 2024 | 13,325
As at 31 May 2025 | 13,325
Amortisation
As at 1 June 2024 | 9,329
Provided during the period | 1,333
As at 31 May 2025 | 10,662
Net Book Value
As at 31 May 2025 | 2,663
As at 1 June 2024 | 3,996

5. Tangible Assets

| Plant & Machinery | Motor Vehicles | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 June 2024 | 51,623 | 10,500 | 609 | 62,732
Additions | 2,583 | 19,740 | - | 22,323
As at 31 May 2025 | 54,206 | 30,240 | 609 | 85,055
Depreciation
As at 1 June 2024 | 32,872 | 9,099 | 489 | 42,460
Provided during the period | 474 | 1,266 | 24 | 1,764
As at 31 May 2025 | 33,346 | 10,365 | 513 | 44,224
Net Book Value
As at 31 May 2025 | 20,860 | 19,875 | 96 | 40,831
As at 1 June 2024 | 18,751 | 1,401 | 120 | 20,272

6. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 11,787 |  | 9,225

7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 137 |  | 2
Other debtors | 3,028 |  | -
| 3,165 |  | 2

Page 4
Page 5
Ollie's Logs Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2025
8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 10,087 |  | 10,087
Other creditors | 78,699 |  | 55,117
| 88,786 |  | 65,204

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Taxation and social security | - |  | 86

10. Share Capital

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

Page 5