Acorah Software Products - Accounts Production 19.2.350 false true 29 June 2024 1 July 2023 false 30 June 2024 29 June 2025 29 June 2025 01364611 Mr James Roy Webster Mrs Joan Webster Mr James Ian Webster Mr John Steven Webster the Board of Directors true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01364611 2024-06-29 01364611 2025-06-29 01364611 2024-06-30 2025-06-29 01364611 frs-core:CurrentFinancialInstruments 2025-06-29 01364611 frs-core:Non-currentFinancialInstruments 2025-06-29 01364611 frs-core:BetweenOneFiveYears 2025-06-29 01364611 frs-core:ComputerEquipment 2025-06-29 01364611 frs-core:ComputerEquipment 2024-06-30 2025-06-29 01364611 frs-core:ComputerEquipment 2024-06-29 01364611 frs-core:FurnitureFittings 2025-06-29 01364611 frs-core:FurnitureFittings 2024-06-30 2025-06-29 01364611 frs-core:FurnitureFittings 2024-06-29 01364611 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-06-29 01364611 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 2025-06-29 01364611 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-29 01364611 frs-core:MotorVehicles 2025-06-29 01364611 frs-core:MotorVehicles 2024-06-30 2025-06-29 01364611 frs-core:MotorVehicles 2024-06-29 01364611 frs-core:PlantMachinery 2025-06-29 01364611 frs-core:PlantMachinery 2024-06-30 2025-06-29 01364611 frs-core:PlantMachinery 2024-06-29 01364611 frs-core:WithinOneYear 2025-06-29 01364611 frs-core:ShareCapital 2025-06-29 01364611 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 2025-06-29 01364611 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-06-29 01364611 frs-core:RetainedEarningsAccumulatedLosses 2025-06-29 01364611 frs-bus:PrivateLimitedCompanyLtd 2024-06-30 2025-06-29 01364611 frs-bus:FilletedAccounts 2024-06-30 2025-06-29 01364611 frs-bus:SmallEntities 2024-06-30 2025-06-29 01364611 frs-bus:AuditExempt-NoAccountantsReport 2024-06-30 2025-06-29 01364611 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-30 2025-06-29 01364611 1 2024-06-30 2025-06-29 01364611 frs-core:DeferredTaxation 2024-06-30 2025-06-29 01364611 frs-core:DeferredTaxation 2024-06-29 01364611 frs-core:DeferredTaxation 2025-06-29 01364611 frs-bus:Director1 2024-06-30 2025-06-29 01364611 frs-bus:Director2 2024-06-30 2025-06-29 01364611 frs-bus:Director3 2024-06-30 2025-06-29 01364611 frs-bus:Director4 2024-06-30 2025-06-29 01364611 frs-countries:EnglandWales 2024-06-30 2025-06-29 01364611 2023-06-30 01364611 2024-06-29 01364611 2023-07-01 2024-06-29 01364611 frs-core:CurrentFinancialInstruments 2024-06-29 01364611 frs-core:Non-currentFinancialInstruments 2024-06-29 01364611 frs-core:BetweenOneFiveYears 2024-06-29 01364611 frs-core:FurnitureFittings 2023-07-01 2024-06-29 01364611 frs-core:PlantMachinery 2023-07-01 2024-06-29 01364611 frs-core:WithinOneYear 2024-06-29 01364611 frs-core:ShareCapital 2024-06-29 01364611 frs-core:RetainedEarningsAccumulatedLosses 2024-06-29
Registered number: 01364611
J.R. & J. Webster (Halsall Farms) Limited
Unaudited Financial Statements
For The Year Ended 29 June 2025
Buxton Accounting LLP
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—7
Page 1
Statement of Financial Position
Registered number: 01364611
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 726,444 800,537
726,444 800,537
CURRENT ASSETS
Stocks 5 263,670 270,979
Debtors 6 68,064 77,090
Cash at bank and in hand 53,444 92,263
385,178 440,332
Creditors: Amounts Falling Due Within One Year 7 (1,820,252 ) (1,729,930 )
NET CURRENT ASSETS (LIABILITIES) (1,435,074 ) (1,289,598 )
TOTAL ASSETS LESS CURRENT LIABILITIES (708,630 ) (489,061 )
Creditors: Amounts Falling Due After More Than One Year 8 (107,583 ) (388,621 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 11 (92,790 ) (106,577 )
NET LIABILITIES (909,003 ) (984,259 )
CAPITAL AND RESERVES
Called up share capital 13 2 2
Income Statement (909,005 ) (984,261 )
SHAREHOLDERS' FUNDS (909,003) (984,259)
Page 1
Page 2
For the year ending 29 June 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 Income Statement.
The financial statements were approved by the board of directors on 13 May 2026 and were signed on its behalf by:
Mrs Joan Webster
Director
13/05/2026
The notes on pages 3 to 7 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
J.R. & J. Webster (Halsall Farms) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01364611 . The registered office is Lower House Farm, Shirdley Hill, Halsall, Near Ormskirk, Lancashire, L39 8SF.
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. The financial statements have been prepared under the historic cost convention.
The financial statements have been prepared on a going concern basis, which the directors feel to be appropriate. The going concern assumption is based on the continuing support of the directors. The directors believe that the company's trading position has improved in the next period.
Accordingly, no adjustments have been made to the valuation basis of assets and liabilities. An alternative basis of valucation may have been required had the going concern assumption been found to be an inappropriate, or the directors support withdrawn.
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:
Freehold 5% & 2.6% on cost
Plant & Machinery 17.5%, 15% & 10% on cost
Motor Vehicles 17.5% on cost
Tractors and Trailers 17.5% on cost
Computer Equipment 33% on cost
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 income statement 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 income statement as incurred.
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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. 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: 4 (2024: 4)
4 4
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Tractors and Trailers
£ £ £ £
Cost
As at 30 June 2024 285,506 1,195,820 58,652 600,277
Additions - - - -
Disposals - (26,942 ) - -
As at 29 June 2025 285,506 1,168,878 58,652 600,277
Depreciation
As at 30 June 2024 45,901 860,035 42,295 391,487
Provided during the period 1,530 6,804 2,862 36,538
As at 29 June 2025 47,431 866,839 45,157 428,025
Net Book Value
As at 29 June 2025 238,075 302,039 13,495 172,252
As at 30 June 2024 239,605 335,785 16,357 208,790
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Computer Equipment Total
£ £
Cost
As at 30 June 2024 - 2,140,255
Additions 875 875
Disposals - (26,942 )
As at 29 June 2025 875 2,114,188
Depreciation
As at 30 June 2024 - 1,339,718
Provided during the period 292 48,026
As at 29 June 2025 292 1,387,744
Net Book Value
As at 29 June 2025 583 726,444
As at 30 June 2024 - 800,537
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2025 2024
£ £
Plant & Machinery 61,236 68,040
Tractors and Trailers 161,997 196,360
223,233 264,400
5. Stocks
2025 2024
£ £
Stock 263,670 270,979
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 49,199 58,095
Other debtors 18,865 18,995
68,064 77,090
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 50,500 57,833
Trade creditors 429,246 292,633
Bank loans and overdrafts 15,630 19,981
Other creditors 1,324,876 1,359,483
1,820,252 1,729,930
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 43,167 241,134
Bank loans 64,416 147,487
107,583 388,621
9. Secured Creditors
Hire purchase creditors arr secured against the assets concerned.
A bank facility with a balance of £15,630 (2024: £19,981) is subject to a UK Government Guarantee. The facility is provided through the Bounce Back Loan Scheme (BBLS), managed by the British Business Bank on behalf of and with the backing of the Secretary of State for Business, Energy and Industrial Strategy. The BBLS guarantee is provided to the lender.
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 93,667 298,967
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 50,500 57,833
Later than one year and not later than five years 43,167 241,134
93,667 298,967
93,667 298,967
11. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Other timing differences 92,790 106,577
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12. Provisions for Liabilities
Deferred Tax Total
£ £
As at 30 June 2024 106,577 106,577
Deferred taxation (13,787 ) (13,787 )
Balance at 29 June 2025 92,790 92,790
13. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
14. Directors Advances, Credits and Guarantees
Rent totalling £56,000 (2024: £56,000) was paid in equal shares to Mr & Mrs Webster in respect of land farmed by the company.
The balance owing to Mr & Mrs Webster at the year end relates to capital introduced, unpaid rent and dividends.
15. Reserves
Income Statement
£
As at 30 June 2024 (984,261 )
Profit for the year and total comprehensive income 75,256
As at 29 June 2025 (909,005 )
16. Ultimate Controlling Party
The company's ultimate controlling party is the Board of Directors by virtue of their collective ownership of 100% of the issued share capital in the company.
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