Acorah Software Products - Accounts Production 18.1.170 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 3584751 Mr Alex Jones iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 3584751 2024-07-31 3584751 2025-07-31 3584751 2024-08-01 2025-07-31 3584751 frs-core:CurrentFinancialInstruments 2025-07-31 3584751 frs-core:Non-currentFinancialInstruments 2025-07-31 3584751 frs-core:BetweenOneFiveYears 2025-07-31 3584751 frs-core:ComputerEquipment 2025-07-31 3584751 frs-core:ComputerEquipment 2024-08-01 2025-07-31 3584751 frs-core:ComputerEquipment 2024-07-31 3584751 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-08-01 2025-07-31 3584751 frs-core:FurnitureFittings 2025-07-31 3584751 frs-core:FurnitureFittings 2024-08-01 2025-07-31 3584751 frs-core:FurnitureFittings 2024-07-31 3584751 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-07-31 3584751 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-08-01 2025-07-31 3584751 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-07-31 3584751 frs-core:MotorVehicles 2025-07-31 3584751 frs-core:MotorVehicles 2024-08-01 2025-07-31 3584751 frs-core:MotorVehicles 2024-07-31 3584751 frs-core:OtherResidualIntangibleAssets 2025-07-31 3584751 frs-core:OtherResidualIntangibleAssets 2024-07-31 3584751 frs-core:PlantMachinery 2025-07-31 3584751 frs-core:PlantMachinery 2024-08-01 2025-07-31 3584751 frs-core:PlantMachinery 2024-07-31 3584751 frs-core:WithinOneYear 2025-07-31 3584751 frs-core:ShareCapital 2025-07-31 3584751 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 3584751 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 3584751 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 3584751 frs-bus:SmallEntities 2024-08-01 2025-07-31 3584751 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 3584751 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 3584751 frs-bus:Director1 2024-08-01 2025-07-31 3584751 frs-countries:EnglandWales 2024-08-01 2025-07-31 3584751 2023-07-31 3584751 2024-07-31 3584751 2023-08-01 2024-07-31 3584751 frs-core:CurrentFinancialInstruments 2024-07-31 3584751 frs-core:Non-currentFinancialInstruments 2024-07-31 3584751 frs-core:BetweenOneFiveYears 2024-07-31 3584751 frs-core:WithinOneYear 2024-07-31 3584751 frs-core:ShareCapital 2024-07-31 3584751 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 3584751
OLDHAM VENDING SERVICES LIMITED
Financial Statements
For The Year Ended 31 July 2025
P V Beal & Co
32 Castlemere Drive
Shaw
Oldham
Lancs
OL2 8TQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 3584751
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 75 75
Tangible Assets 5 515,053 510,442
515,128 510,517
CURRENT ASSETS
Stocks 6 430,321 430,321
Debtors 7 77,742 49,077
Cash at bank and in hand 8,745 22,618
516,808 502,016
Creditors: Amounts Falling Due Within One Year 8 (437,760 ) (427,627 )
NET CURRENT ASSETS (LIABILITIES) 79,048 74,389
TOTAL ASSETS LESS CURRENT LIABILITIES 594,176 584,906
Creditors: Amounts Falling Due After More Than One Year 9 (378,995 ) (344,836 )
NET ASSETS 215,181 240,070
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account 215,081 239,970
SHAREHOLDERS' FUNDS 215,181 240,070
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Alex Jones
Director
28/11/2025
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
OLDHAM VENDING SERVICES LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 3584751 . The registered office is Unit4a Canalside Ind Estate , Woodbine St East, Rochdale, Lancs, OL16 5LB.
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 - Other Intangible
Other intangible assets are .... 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:
Leasehold 20% wdv
Plant & Machinery 15% wdv
Motor Vehicles 20% wdv
Fixtures & Fittings 15% wdv
Computer Equipment 1/3
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.
Page 3
Page 4
2.7. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 2 2
Sales, marketing and distribution 1 1
Manufacturing 16 14
19 17
4. Intangible Assets
Other
£
Cost
As at 1 August 2024 75
As at 31 July 2025 75
Net Book Value
As at 31 July 2025 75
As at 1 August 2024 75
Page 4
Page 5
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 August 2024 64,057 140,706 568,012 53,597
Additions - - 138,631 7,556
Disposals - - (20,000 ) -
As at 31 July 2025 64,057 140,706 686,643 61,153
Depreciation
As at 1 August 2024 35,583 60,585 193,519 26,243
Provided during the period 5,695 12,018 98,626 5,237
As at 31 July 2025 41,278 72,603 292,145 31,480
Net Book Value
As at 31 July 2025 22,779 68,103 394,498 29,673
As at 1 August 2024 28,474 80,121 374,493 27,354
Computer Equipment Total
£ £
Cost
As at 1 August 2024 1,947 828,319
Additions - 146,187
Disposals - (20,000 )
As at 31 July 2025 1,947 954,506
Depreciation
As at 1 August 2024 1,947 317,877
Provided during the period - 121,576
As at 31 July 2025 1,947 439,453
Net Book Value
As at 31 July 2025 - 515,053
As at 1 August 2024 - 510,442
6. Stocks
2025 2024
£ £
Stock 430,321 430,321
Page 5
Page 6
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 38,631 35,870
Prepayments and accrued income 13,207 13,207
51,838 49,077
Due after more than one year
Amounts owed by associates 25,904 -
77,742 49,077
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 67,529 56,034
Trade creditors 251,006 256,986
Bank loans and overdrafts 9,649 -
Other loans - 16,515
Corporation tax 6,071 -
Other taxes and social security 10,876 12,783
VAT 25,672 11,328
Other creditors 45,362 40,190
Accruals and deferred income 3,490 3,490
Director's loan account 18,105 30,301
437,760 427,627
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 378,995 324,938
Bank loans - 19,898
378,995 344,836
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 67,529 56,034
Later than one year and not later than five years 378,995 324,938
446,524 380,972
446,524 380,972
Page 6
Page 7
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 7