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 07101566 Mrs D Walker Mr R Walker Mrs L Walker-Gumbis true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07101566 2024-12-31 07101566 2025-12-31 07101566 2025-01-01 2025-12-31 07101566 frs-core:CurrentFinancialInstruments 2025-12-31 07101566 frs-core:Non-currentFinancialInstruments 2025-12-31 07101566 frs-core:BetweenOneFiveYears 2025-12-31 07101566 frs-core:FurnitureFittings 2025-12-31 07101566 frs-core:FurnitureFittings 2025-01-01 2025-12-31 07101566 frs-core:FurnitureFittings 2024-12-31 07101566 frs-core:MotorVehicles 2025-12-31 07101566 frs-core:MotorVehicles 2025-01-01 2025-12-31 07101566 frs-core:MotorVehicles 2024-12-31 07101566 frs-core:PlantMachinery 2025-12-31 07101566 frs-core:PlantMachinery 2025-01-01 2025-12-31 07101566 frs-core:PlantMachinery 2024-12-31 07101566 frs-core:WithinOneYear 2025-12-31 07101566 frs-core:ShareCapital 2025-12-31 07101566 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 07101566 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 07101566 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 07101566 frs-bus:SmallEntities 2025-01-01 2025-12-31 07101566 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 07101566 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 07101566 1 2025-01-01 2025-12-31 07101566 frs-bus:Director1 2025-01-01 2025-12-31 07101566 frs-bus:Director2 2025-01-01 2025-12-31 07101566 frs-bus:Director3 2025-01-01 2025-12-31 07101566 frs-countries:EnglandWales 2025-01-01 2025-12-31 07101566 2023-12-31 07101566 2024-12-31 07101566 2024-01-01 2024-12-31 07101566 frs-core:CurrentFinancialInstruments 2024-12-31 07101566 frs-core:Non-currentFinancialInstruments 2024-12-31 07101566 frs-core:BetweenOneFiveYears 2024-12-31 07101566 frs-core:WithinOneYear 2024-12-31 07101566 frs-core:ShareCapital 2024-12-31 07101566 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 07101566
Yacht Charter International Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
R T Marke & Co Limited
Yacht Charter International Limited
Contents
Contents

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

Page 1
Yacht Charter International Limited
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 07101566

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 5,630,746 |  | 6,268,923
|  |  | 5,630,746 |  | 6,268,923
CURRENT ASSETS
Debtors | 5 | 967 |  | 100,000 |
Cash at bank and in hand |  | 1,566 |  | 2,638 |
|  | 2,533 |  | 102,638 |
Creditors: Amounts Falling Due Within One Year | 6 | (1,106,559 ) |  | (1,804,257 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (1,104,026 ) |  | (1,701,619 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 4,526,720 |  | 4,567,304
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (6,799,406 ) |  | (5,735,417 )
NET LIABILITIES |  |  | (2,272,686 ) |  | (1,168,113 )
CAPITAL AND RESERVES
Called up share capital | 10 |  | 200 |  | 200
Profit and Loss Account |  |  | (2,272,886 ) |  | (1,168,313 )
SHAREHOLDERS' FUNDS |  |  | (2,272,686) |  | (1,168,113)

Page 1
Page 2
Yacht Charter International Limited
Balance Sheet (continued)
As At 31 December 2025
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 R Walker Director
30 April 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Yacht Charter International Limited
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
Yacht Charter International Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07101566 . The registered office is 6 Houndiscombe Road, Plymouth, Devon, PL4 6HH.
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. Going Concern Disclosure
As at the year end, the company's balance sheet shows net current liabilities of £1,104,026 (2024 1,701,619) and an overall deficiency of assets amounting to £2,272,686 (2024 £1,168,113). Accordingly, the directors have had to consider the basis upon which the accounts should be prepared and determine whether a going concern basis remains appropriate. The accounts have been prepared on a going concern basis, as the directors continue to provide financial support, when necessary to the company. The directors have also reviewed the position for twelve months from the date the accounts were approved, and in their opinion, the company will reduce the balance sheet deficiency and will show positive results for the next financial period.ertainties 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 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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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 | 25% Reducing balance
Motor Vehicles | 25% Reducing balance
Fixtures & Fittings | 10% reducing balance

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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2024: 6)
7 6
Page 3
Page 4
Yacht Charter International Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
4. Tangible Assets

| Plant & Machinery | Motor Vehicles | Fixtures & Fittings | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 January 2025 | 6,967,581 | 22,750 | - | 6,990,331
Additions | - | - | 7,329 | 7,329
As at 31 December 2025 | 6,967,581 | 22,750 | 7,329 | 6,997,660
Depreciation
As at 1 January 2025 | 715,720 | 5,688 | - | 721,408
Provided during the period | 639,407 | 4,266 | 1,833 | 645,506
As at 31 December 2025 | 1,355,127 | 9,954 | 1,833 | 1,366,914
Net Book Value
As at 31 December 2025 | 5,612,454 | 12,796 | 5,496 | 5,630,746
As at 1 January 2025 | 6,251,861 | 17,062 | - | 6,268,923

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Amounts owed by group undertakings | - |  | 100,000
Other debtors | 967 |  | -
| 967 |  | 100,000

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 421,976 |  | 364,475
Amounts owed to group undertakings | 17,500 |  | -
Other creditors | 667,083 |  | 1,439,782
| 1,106,559 |  | 1,804,257

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 3,299,406 |  | 3,735,417
Other creditors | 3,500,000 |  | 2,000,000
| 6,799,406 |  | 5,735,417

8. Secured Creditors
Of the creditors the following amounts are secured.

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 3,722,681 |  | 4,099,892

Page 4
Page 5
Yacht Charter International Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
9. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 421,976 |  | 364,475
Later than one year and not later than five years | 3,299,406 |  | 3,735,417
| 3,721,382 |  | 4,099,892
| 3,721,382 |  | 4,099,892

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 200 |  | 200

11. Ultimate Parent Undertaking and Controlling Party
The company's immediate parent undertaking is Walker Developments (South West) Limited. Walker Developments (South West) Limited was incorporated in the UK. Copies of the company's accounts may be obtained from Companies House. The ultimate controlling parties are Mr & Mrs Walker.
Page 5