Acorah Software Products - Accounts Production 19.1.200 false true 30 September 2024 1 October 2023 false 1 October 2024 30 September 2025 30 September 2025 04403402 Mr Christopher Allen Mr. Matthew Honnor Mr. Matthew Honnor iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04403402 2024-09-30 04403402 2025-09-30 04403402 2024-10-01 2025-09-30 04403402 frs-core:CurrentFinancialInstruments 2025-09-30 04403402 frs-core:Non-currentFinancialInstruments 2025-09-30 04403402 frs-core:BetweenOneFiveYears 2025-09-30 04403402 frs-core:ComputerEquipment 2025-09-30 04403402 frs-core:ComputerEquipment 2024-10-01 2025-09-30 04403402 frs-core:ComputerEquipment 2024-09-30 04403402 frs-core:FurnitureFittings 2025-09-30 04403402 frs-core:FurnitureFittings 2024-10-01 2025-09-30 04403402 frs-core:FurnitureFittings 2024-09-30 04403402 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-09-30 04403402 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-10-01 2025-09-30 04403402 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-09-30 04403402 frs-core:PlantMachinery 2025-09-30 04403402 frs-core:PlantMachinery 2024-10-01 2025-09-30 04403402 frs-core:PlantMachinery 2024-09-30 04403402 frs-core:WithinOneYear 2025-09-30 04403402 frs-core:ShareCapital 2025-09-30 04403402 frs-core:RetainedEarningsAccumulatedLosses 2025-09-30 04403402 frs-bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 04403402 frs-bus:FilletedAccounts 2024-10-01 2025-09-30 04403402 frs-bus:SmallEntities 2024-10-01 2025-09-30 04403402 frs-bus:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 04403402 frs-bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 04403402 frs-bus:OrdinaryShareClass2 2024-10-01 2025-09-30 04403402 frs-bus:OrdinaryShareClass2 2025-09-30 04403402 frs-bus:OrdinaryShareClass3 2024-10-01 2025-09-30 04403402 frs-bus:OrdinaryShareClass3 2025-09-30 04403402 frs-bus:Director1 2024-10-01 2025-09-30 04403402 frs-bus:Director2 2024-10-01 2025-09-30 04403402 frs-bus:CompanySecretary1 2024-10-01 2025-09-30 04403402 frs-core:CurrentFinancialInstruments 3 2025-09-30 04403402 frs-countries:EnglandWales 2024-10-01 2025-09-30 04403402 2023-09-30 04403402 2024-09-30 04403402 2023-10-01 2024-09-30 04403402 frs-core:CurrentFinancialInstruments 2024-09-30 04403402 frs-core:Non-currentFinancialInstruments 2024-09-30 04403402 frs-core:BetweenOneFiveYears 2024-09-30 04403402 frs-core:WithinOneYear 2024-09-30 04403402 frs-core:ShareCapital 2024-09-30 04403402 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 04403402 frs-bus:OrdinaryShareClass2 2023-10-01 2024-09-30 04403402 frs-bus:OrdinaryShareClass3 2023-10-01 2024-09-30 04403402 frs-core:CurrentFinancialInstruments 3 2024-09-30
Registered number: 04403402
Bridwey Precision Manufacturing Limited
Unaudited Financial Statements
For The Year Ended 30 September 2025
Advoco (SW) Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04403402
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 852,173 1,180,653
852,173 1,180,653
CURRENT ASSETS
Stocks 5 652,883 558,393
Debtors 6 574,470 524,972
Cash at bank and in hand 495,743 130,645
1,723,096 1,214,010
Creditors: Amounts Falling Due Within One Year 7 (1,059,778 ) (1,087,751 )
NET CURRENT ASSETS (LIABILITIES) 663,318 126,259
TOTAL ASSETS LESS CURRENT LIABILITIES 1,515,491 1,306,912
Creditors: Amounts Falling Due After More Than One Year 8 (240,907 ) (390,090 )
NET ASSETS 1,274,584 916,822
CAPITAL AND RESERVES
Called up share capital 10 258 300
Profit and Loss Account 1,274,326 916,522
SHAREHOLDERS' FUNDS 1,274,584 916,822
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Page 2
For the year ending 30 September 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 Christopher Allen
Director
Mr. Matthew Honnor
Director
29 April 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Bridwey Precision Manufacturing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04403402 . The registered office is 14a Albany Road, Weymouth, Dorset, DT4 9TH.
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:
Leasehold Other
Plant & Machinery 15% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 33% on 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 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.
2.5. 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: 24 (2024: 22)
24 22
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 October 2024 91,793 1,903,313 10,972 40,826 2,046,904
Additions - 405,000 - - 405,000
Disposals - (870,580 ) - - (870,580 )
As at 30 September 2025 91,793 1,437,733 10,972 40,826 1,581,324
Depreciation
As at 1 October 2024 - 816,630 9,171 40,450 866,251
Provided during the period - 97,052 270 123 97,445
Disposals - (234,545 ) - - (234,545 )
As at 30 September 2025 - 679,137 9,441 40,573 729,151
Net Book Value
As at 30 September 2025 91,793 758,596 1,531 253 852,173
As at 1 October 2024 91,793 1,086,683 1,801 376 1,180,653
5. Stocks
2025 2024
£ £
Stock 652,883 558,393
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 563,150 513,652
Prepayments and accrued income 11,320 11,320
574,470 524,972
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 246,314 246,314
Trade creditors 199,048 194,836
Bank loans and overdrafts 386,504 393,037
Other loans 24,927 69,911
Social security and other tax 22,490 12,974
VAT 130,392 127,795
Credit Cards 2,870 5,028
Accrued expenses 44,117 36,717
Directors' loan accounts 3,116 1,139
1,059,778 1,087,751
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 240,907 365,163
Funding circle loan more than 1 year - 24,927
240,907 390,090
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 246,314 246,314
Later than one year and not later than five years 240,907 365,163
487,221 611,477
487,221 611,477
10. Share Capital
2025 2024
Allotted, called up but not fully paid £ £
200 Ordinary A of £ 1.00 each 200 300
58 Ordinary B shares of £ 1.00 each 58 -
258 300
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