Acorah Software Products - Accounts Production 19.2.350 false true true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 04463335 Mr Richard Cohen Mr John Brown iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04463335 2024-12-31 04463335 2025-12-31 04463335 2025-01-01 2025-12-31 04463335 frs-core:CurrentFinancialInstruments 2025-12-31 04463335 frs-core:Non-currentFinancialInstruments 2025-12-31 04463335 frs-core:ComputerEquipment 2025-12-31 04463335 frs-core:ComputerEquipment 2025-01-01 2025-12-31 04463335 frs-core:ComputerEquipment 2024-12-31 04463335 frs-core:FurnitureFittings 2025-12-31 04463335 frs-core:FurnitureFittings 2025-01-01 2025-12-31 04463335 frs-core:FurnitureFittings 2024-12-31 04463335 frs-core:PlantMachinery 2025-12-31 04463335 frs-core:PlantMachinery 2025-01-01 2025-12-31 04463335 frs-core:PlantMachinery 2024-12-31 04463335 frs-core:SharePremium 2025-12-31 04463335 frs-core:ShareCapital 2025-12-31 04463335 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 04463335 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 04463335 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 04463335 frs-bus:SmallEntities 2025-01-01 2025-12-31 04463335 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 04463335 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 04463335 frs-core:UnlistedNon-exchangeTraded 2025-12-31 04463335 frs-core:UnlistedNon-exchangeTraded 2024-12-31 04463335 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 04463335 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-12-31 04463335 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 04463335 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-12-31 04463335 frs-bus:Director1 2025-01-01 2025-12-31 04463335 frs-bus:Director1 2024-12-31 04463335 frs-bus:Director1 2025-12-31 04463335 frs-bus:Director2 2025-01-01 2025-12-31 04463335 frs-bus:Director2 2024-12-31 04463335 frs-bus:Director2 2025-12-31 04463335 frs-core:CurrentFinancialInstruments 1 2025-12-31 04463335 frs-core:CurrentFinancialInstruments 2 2025-12-31 04463335 frs-core:CurrentFinancialInstruments 3 2025-12-31 04463335 frs-core:CurrentFinancialInstruments 4 2025-12-31 04463335 frs-countries:EnglandWales 2025-01-01 2025-12-31 04463335 2023-12-31 04463335 2024-12-31 04463335 2024-01-01 2024-12-31 04463335 frs-core:CurrentFinancialInstruments 2024-12-31 04463335 frs-core:Non-currentFinancialInstruments 2024-12-31 04463335 frs-core:SharePremium 2024-12-31 04463335 frs-core:ShareCapital 2024-12-31 04463335 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04463335 frs-core:CurrentFinancialInstruments 1 2024-12-31 04463335 frs-core:CurrentFinancialInstruments 2 2024-12-31 04463335 frs-core:CurrentFinancialInstruments 3 2024-12-31 04463335 frs-core:CurrentFinancialInstruments 4 2024-12-31
Registered number: 04463335
Elevators Ltd
Financial Statements
For The Year Ended 31 December 2025
Adams & Moore Ltd
Adams & Moore House
Instone Road
Dartford
DA1 2AG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04463335
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,342 6,509
Investments 5 14,000 14,000
21,342 20,509
CURRENT ASSETS
Stocks 6 170,742 180,742
Debtors 7 592,697 580,358
Cash at bank and in hand 314,310 169,152
1,077,749 930,252
Creditors: Amounts Falling Due Within One Year 8 (575,003 ) (693,003 )
NET CURRENT ASSETS (LIABILITIES) 502,746 237,249
TOTAL ASSETS LESS CURRENT LIABILITIES 524,088 257,758
Creditors: Amounts Falling Due After More Than One Year 9 (667,836 ) (111,959 )
NET (LIABILITIES)/ASSETS (143,748 ) 145,799
CAPITAL AND RESERVES
Called up share capital 10 1,209 1,209
Share premium account 79,960 79,960
Profit and Loss Account (224,917 ) 64,630
SHAREHOLDERS' FUNDS (143,748) 145,799
Page 1
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For the year ending 31 December 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 Richard Cohen
Director
04/05/2026
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
Elevators Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04463335 . The registered office is Adams & Moore House, Instone Road, Dartford, DA1 2AG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
2.2. Going Concern Disclosure
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
2.3. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on 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. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 33 (2024: 12)
33 12
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2025 36,869 3,300 7,321 47,490
Additions 350 840 2,283 3,473
As at 31 December 2025 37,219 4,140 9,604 50,963
Depreciation
As at 1 January 2025 31,734 3,060 6,187 40,981
Provided during the period 1,327 312 1,001 2,640
As at 31 December 2025 33,061 3,372 7,188 43,621
Net Book Value
As at 31 December 2025 4,158 768 2,416 7,342
As at 1 January 2025 5,135 240 1,134 6,509
5. Investments
Unlisted
£
Cost or Valuation
As at 1 January 2025 14,000
As at 31 December 2025 14,000
Provision
As at 1 January 2025 -
As at 31 December 2025 -
Net Book Value
As at 31 December 2025 14,000
As at 1 January 2025 14,000
6. Stocks
2025 2024
£ £
Work in progress 170,742 180,742
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7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 456,428 558,580
Prepayments and accrued income 35,856 14,800
Other debtors 6,900 6,500
Corporation tax recoverable assets 5,588 -
Other taxes and social security - 478
Directors' loan accounts 87,925 -
592,697 580,358
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 124,861 408,540
Bank loans and overdrafts 224,284 72,173
Corporation tax - 116,307
Other taxes and social security 97,285 -
VAT 73,714 65,939
Pension 9,130 3,474
Other Loan 34,900 2,724
Barclaycard (50 ) 738
Other creditors-Sevenoaks District Council 2,046 1,955
Other creditors (4) 2,533 -
Accruals and deferred income 6,300 5,750
Directors' loan accounts - 15,403
575,003 693,003
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 667,836 111,959
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,209 1,209
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11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2025 Amounts advanced Amounts repaid Amounts written off As at 31 December 2025
£ £ £ £ £
Mr Richard Cohen - - - - 70,326
Mr John Brown - - - - 17,599
The above loan is unsecured, interest free and repayable on demand.
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