Acorah Software Products - Accounts Production 19.2.350 false true 31 December 2024 1 January 2024 false 21 April 2026 1 January 2025 31 December 2025 31 December 2025 06659707 Mr B N Bouygues Mr N Pulsford JBDC Group true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06659707 2024-12-31 06659707 2025-12-31 06659707 2025-01-01 2025-12-31 06659707 frs-core:CurrentFinancialInstruments 2025-12-31 06659707 frs-core:Non-currentFinancialInstruments 2025-12-31 06659707 frs-core:BetweenOneFiveYears 2025-12-31 06659707 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-12-31 06659707 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 06659707 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 06659707 frs-core:MotorVehicles 2025-12-31 06659707 frs-core:MotorVehicles 2025-01-01 2025-12-31 06659707 frs-core:MotorVehicles 2024-12-31 06659707 frs-core:PlantMachinery 2025-12-31 06659707 frs-core:PlantMachinery 2025-01-01 2025-12-31 06659707 frs-core:PlantMachinery 2024-12-31 06659707 frs-core:WithinOneYear 2025-12-31 06659707 frs-core:ShareCapital 2025-12-31 06659707 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 06659707 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 06659707 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 06659707 frs-bus:SmallEntities 2025-01-01 2025-12-31 06659707 frs-bus:Audited 2025-01-01 2025-12-31 06659707 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 06659707 1 2025-01-01 2025-12-31 06659707 frs-bus:Director1 2025-01-01 2025-12-31 06659707 frs-bus:Director2 2025-01-01 2025-12-31 06659707 frs-countries:EnglandWales 2025-01-01 2025-12-31 06659707 2023-12-31 06659707 2024-12-31 06659707 2024-01-01 2024-12-31 06659707 frs-core:CurrentFinancialInstruments 2024-12-31 06659707 frs-core:Non-currentFinancialInstruments 2024-12-31 06659707 frs-core:BetweenOneFiveYears 2024-12-31 06659707 frs-core:WithinOneYear 2024-12-31 06659707 frs-core:ShareCapital 2024-12-31 06659707 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 06659707
GYS Limited
Financial Statements
For The Year Ended 31 December 2025
Grenfell James Audit LLP
GYS Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—8

Page 1
GYS Limited
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 06659707

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 6,145,993 |  | 1,441,903
|  |  | 6,145,993 |  | 1,441,903
CURRENT ASSETS
Stocks | 5 | 892,980 |  | 992,155 |
Debtors | 6 | 3,176,449 |  | 1,945,789 |
Cash at bank and in hand |  | 297,782 |  | 2,371,364 |
|  | 4,367,211 |  | 5,309,308 |
Creditors: Amounts Falling Due Within One Year | 7 | (3,369,546 ) |  | (1,243,710 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 997,665 |  | 4,065,598
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 7,143,658 |  | 5,507,501
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (2,000,281 ) |  | -
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (54,103 ) |  | (59,987 )
NET ASSETS |  |  | 5,089,274 |  | 5,447,514
CAPITAL AND RESERVES
Called up share capital | 9 |  | 1,800,000 |  | 1,800,000
Profit and Loss Account |  |  | 3,289,274 |  | 3,647,514
SHAREHOLDERS' FUNDS |  |  | 5,089,274 |  | 5,447,514

Page 1
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GYS Limited
Balance Sheet (continued)
As At 31 December 2025
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 N Pulsford Director
21/04/2026

The notes on pages 3 to 8 form part of these financial statements.
Page 2
Page 3
GYS Limited
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
GYS Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06659707 . The registered office is 13 The Courtyard, Timothy's Bridge Road, Stratford upon Avon, Warwickshire, CV37 9NP.
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 over the period of the agreement with one-off services recognised at the point of delivery.
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 | 2% - 25% on reducing balance (building) 0% (land)
Plant & Machinery | 25% on reducing balance
Motor Vehicles | 30% on reducing balance

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GYS Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
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.
2.6. Financial Instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
2.7. 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.
2.8. 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.
...CONTINUED
Page 4
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GYS Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
2.8. Taxation - continued
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.
2.9. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.10. Related Party Exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 51 (2024: 44)
51 44
Page 5
Page 6
GYS Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Plant & Machinery | Motor Vehicles | Total
| £ | £ | £ | £
Cost
As at 1 January 2025 | 1,252,025 | 131,717 | 527,548 | 1,911,290
Additions | 4,728,380 | - | 136,687 | 4,865,067
Disposals | - | - | (75,433 ) | (75,433 )
As at 31 December 2025 | 5,980,405 | 131,717 | 588,802 | 6,700,924
Depreciation
As at 1 January 2025 | 165,425 | 80,129 | 223,833 | 469,387
Provided during the period | 14,716 | 9,743 | 105,738 | 130,197
Disposals | - | - | (44,653 ) | (44,653 )
As at 31 December 2025 | 180,141 | 89,872 | 284,918 | 554,931
Net Book Value
As at 31 December 2025 | 5,800,264 | 41,845 | 303,884 | 6,145,993
As at 1 January 2025 | 1,086,600 | 51,588 | 303,715 | 1,441,903

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 892,980 |  | 992,155

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 2,628,529 |  | 1,894,952
Other debtors | 547,920 |  | 50,837
| 3,176,449 |  | 1,945,789

Page 6
Page 7
GYS Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 84,010 |  | 37,157
Amounts owed to group undertakings | 2,454,461 |  | -
Other creditors | 534,738 |  | 445,674
Taxation and social security | 296,337 |  | 760,879
| 3,369,546 |  | 1,243,710

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Amounts owed to group undertakings | 2,000,281 |  | -

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1,800,000 |  | 1,800,000

10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Not later than one year | 90,395 |  | 66,530
Later than one year and not later than five years | 74,199 |  | 65,950
| 164,594 |  | 132,480

11. Ultimate Controlling Party
The company's ultimate controlling party is JBDC Group , registered at 1, rue de Croix des Landes, 53940 Saint Berthevin, France.
12. Significant Accounting estimates
The Company covers sales made with a two year warranty, therefore a warranty provision is recognised to show estimated future costs on sales made during the prior two years. This is calculated by looking at the average costs of each sales sector separately which includes labour and material costs with the projected volume of warranty claims made. The expected future warranty cost for sales made to date is £172,000.
Page 7
Page 8
GYS Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
13. Audit Information
The auditor's report on the accounts of GYS Limited for the year ended 31 December 2025 was unqualified.
The auditor's report was signed by Edward Grenfell James (Senior Statutory Auditor) for and on behalf of Grenfell James Audit LLP , Statutory Auditor.

Grenfell James Audit LLP 13 The Courtyard Timothy's Bridge Road Stratford upon Avon Warwickshire CV37 9NP

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