Acorah Software Products - Accounts Production 19.1.200 false true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 01209373 Mr John Stock Mr David Gardner Mrs Catherine Stock Mr James Stock Mr David Gardner Mrs Catherine Stock iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01209373 2024-08-31 01209373 2025-08-31 01209373 2024-09-01 2025-08-31 01209373 frs-core:CurrentFinancialInstruments 2025-08-31 01209373 frs-core:ComputerEquipment 2025-08-31 01209373 frs-core:ComputerEquipment 2024-09-01 2025-08-31 01209373 frs-core:ComputerEquipment 2024-08-31 01209373 frs-core:FurnitureFittings 2024-09-01 2025-08-31 01209373 frs-core:MotorVehicles 2025-08-31 01209373 frs-core:MotorVehicles 2024-09-01 2025-08-31 01209373 frs-core:MotorVehicles 2024-08-31 01209373 frs-core:PlantMachinery 2025-08-31 01209373 frs-core:PlantMachinery 2024-09-01 2025-08-31 01209373 frs-core:PlantMachinery 2024-08-31 01209373 frs-core:ShareCapital 2025-08-31 01209373 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 01209373 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 01209373 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 01209373 frs-bus:SmallEntities 2024-09-01 2025-08-31 01209373 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 01209373 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 01209373 frs-bus:Director1 2024-09-01 2025-08-31 01209373 frs-bus:Director2 2024-09-01 2025-08-31 01209373 frs-bus:Director3 2024-09-01 2025-08-31 01209373 frs-bus:Director4 2024-09-01 2025-08-31 01209373 frs-bus:Director5 2024-09-01 2025-08-31 01209373 frs-bus:CompanySecretary1 2024-09-01 2025-08-31 01209373 frs-core:CurrentFinancialInstruments 2 2025-08-31 01209373 frs-countries:EnglandWales 2024-09-01 2025-08-31 01209373 2023-08-31 01209373 2024-08-31 01209373 2023-09-01 2024-08-31 01209373 frs-core:CurrentFinancialInstruments 2024-08-31 01209373 frs-core:ShareCapital 2024-08-31 01209373 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 01209373 frs-core:CurrentFinancialInstruments 2 2024-08-31
Registered number: 01209373
Fosse Bearing Units Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Venture Accounting Limited
Unaudited Financial Statements
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 01209373
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 31,985 38,015
31,985 38,015
CURRENT ASSETS
Stocks 4 118,652 105,583
Debtors 5 162,844 208,373
Cash at bank and in hand 167,196 195,017
448,692 508,973
Creditors: Amounts Falling Due Within One Year 6 (157,299 ) (214,423 )
NET CURRENT ASSETS (LIABILITIES) 291,393 294,550
TOTAL ASSETS LESS CURRENT LIABILITIES 323,378 332,565
NET ASSETS 323,378 332,565
CAPITAL AND RESERVES
Called up share capital 7 82 82
Income Statement 323,296 332,483
SHAREHOLDERS' FUNDS 323,378 332,565
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For the year ending 31 August 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.
On behalf of the board
Mrs Catherine Stock
Director
15/05/2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.
1.3. 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:
Plant & Machinery 20% Reducing Balance
Motor Vehicles 20% Reducing Balance
Fixtures & Fittings 20% Reducing balnance
Computer Equipment 33% Straight Line
1.4. 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.
1.5. 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.
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2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 10 (2024: 10)
10 10
3. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 September 2024 108,958 19,828 9,841 138,627
Additions - - 1,573 1,573
As at 31 August 2025 108,958 19,828 11,414 140,200
Depreciation
As at 1 September 2024 82,840 7,931 9,841 100,612
Provided during the period 5,224 2,379 - 7,603
As at 31 August 2025 88,064 10,310 9,841 108,215
Net Book Value
As at 31 August 2025 20,894 9,518 1,573 31,985
As at 1 September 2024 26,118 11,897 - 38,015
4. Stocks
2025 2024
£ £
Finished goods 118,652 105,583
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 162,844 190,695
Other debtors - 17,678
162,844 208,373
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 88,435 130,448
Corporation tax 26,735 36,867
Other taxes and social security 11,430 13,223
VAT 26,012 33,648
Other creditors - Pension 839 -
Other creditors- Advance from Cuatomers 1,522 -
Directors' loan accounts 2,326 237
157,299 214,423
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7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 82 82
8. General Information
Fosse Bearing Units Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01209373 . The registered office is 11 Northfields, Syston, Leicester, Leics, LE7 8HW.
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