Acorah Software Products - Accounts Production 19.2.350 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 04823811 Mr John Cook Dr Rob Coram iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04823811 2024-12-31 04823811 2025-12-31 04823811 2025-01-01 2025-12-31 04823811 frs-core:CurrentFinancialInstruments 2025-12-31 04823811 frs-core:BetweenOneFiveYears 2025-12-31 04823811 frs-core:FurnitureFittings 2025-12-31 04823811 frs-core:FurnitureFittings 2025-01-01 2025-12-31 04823811 frs-core:FurnitureFittings 2024-12-31 04823811 frs-core:NetGoodwill 2025-12-31 04823811 frs-core:NetGoodwill 2025-01-01 2025-12-31 04823811 frs-core:NetGoodwill 2024-12-31 04823811 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-12-31 04823811 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 04823811 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 04823811 frs-core:MotorVehicles 2025-01-01 2025-12-31 04823811 frs-core:PlantMachinery 2025-12-31 04823811 frs-core:PlantMachinery 2025-01-01 2025-12-31 04823811 frs-core:PlantMachinery 2024-12-31 04823811 frs-core:WithinOneYear 2025-12-31 04823811 frs-core:ShareCapital 2025-12-31 04823811 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 04823811 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 04823811 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 04823811 frs-bus:SmallEntities 2025-01-01 2025-12-31 04823811 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 04823811 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 04823811 frs-core:ListedExchangeTraded 2025-12-31 04823811 frs-core:ListedExchangeTraded 2024-12-31 04823811 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-12-31 04823811 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2025-12-31 04823811 frs-core:DisposalsRepaymentsInvestments frs-core:ListedExchangeTraded 2025-12-31 04823811 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2025-12-31 04823811 frs-core:CostValuation frs-core:ListedExchangeTraded 2025-12-31 04823811 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-12-31 04823811 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2025-12-31 04823811 frs-bus:Director1 2025-01-01 2025-12-31 04823811 frs-bus:Director2 2025-01-01 2025-12-31 04823811 frs-countries:EnglandWales 2025-01-01 2025-12-31 04823811 2023-12-31 04823811 2024-12-31 04823811 2024-01-01 2024-12-31 04823811 frs-core:CurrentFinancialInstruments 2024-12-31 04823811 frs-core:BetweenOneFiveYears 2024-12-31 04823811 frs-core:WithinOneYear 2024-12-31 04823811 frs-core:ShareCapital 2024-12-31 04823811 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 04823811
Giftstones Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Giftstones Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—7

Page 1
Giftstones Limited
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 04823811

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 5 |  | 40,963 |  | 47,675
Investments | 6 |  | 400,164 |  | 359,307
|  |  | 441,127 |  | 406,982
CURRENT ASSETS
Stocks | 7 | 976,667 |  | 1,183,737 |
Debtors | 8 | 518,909 |  | 416,109 |
Cash at bank and in hand |  | 978,846 |  | 767,886 |
|  | 2,474,422 |  | 2,367,732 |
Creditors: Amounts Falling Due Within One Year | 9 | (372,145 ) |  | (272,844 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 2,102,277 |  | 2,094,888
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,543,404 |  | 2,501,870
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (10,083 ) |  | (11,632 )
NET ASSETS |  |  | 2,533,321 |  | 2,490,238
CAPITAL AND RESERVES
Called up share capital | 10 |  | 100 |  | 100
Profit and Loss Account |  |  | 2,533,221 |  | 2,490,138
SHAREHOLDERS' FUNDS |  |  | 2,533,321 |  | 2,490,238

Page 1
Page 2
Giftstones 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 John Cook Director
28 April 2026

The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Giftstones Limited
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
Giftstones Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04823811 . The registered office is Alum House , 5 Alum Chine Road , Westbourne, Dorset , BH4 8DT.
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 FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
These financial statements are presented in pound sterling which is the functional currency of the company.
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. 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.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
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:

Freehold | 2% straight line
Plant & Machinery | 25% reducing balance
Motor Vehicles | 25% reducing balance
Fixtures & Fittings | 25% 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. 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.
Page 3
Page 4
Giftstones Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
2.7. Financial Instruments
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially measured at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.8. 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.
2.9. 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.
2.10. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 21 (2024: 24)
21 24
Page 4
Page 5
Giftstones Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 January 2025 | 1,830,000
As at 31 December 2025 | 1,830,000
Amortisation
As at 1 January 2025 | 1,830,000
As at 31 December 2025 | 1,830,000
Net Book Value
As at 31 December 2025 | -
As at 1 January 2025 | -

5. Tangible Assets

| Land & Property
--- | ---
| Freehold | Plant & Machinery | Fixtures & Fittings | Total
| £ | £ | £ | £
Cost
As at 1 January 2025 | 135,745 | 30,628 | 180,575 | 346,948
Additions | - | 1,933 | 4,344 | 6,277
Disposals | - | - | (1,083 ) | (1,083 )
As at 31 December 2025 | 135,745 | 32,561 | 183,836 | 352,142
Depreciation
As at 1 January 2025 | 135,745 | 24,333 | 139,195 | 299,273
Provided during the period | - | 1,856 | 10,385 | 12,241
Disposals | - | - | (335 ) | (335 )
As at 31 December 2025 | 135,745 | 26,189 | 149,245 | 311,179
Net Book Value
As at 31 December 2025 | - | 6,372 | 34,591 | 40,963
As at 1 January 2025 | - | 6,295 | 41,380 | 47,675

Page 5
Page 6
Giftstones Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
6. Investments

| Listed
--- | ---
| £
Cost or Valuation
As at 1 January 2025 | 359,307
Additions | 155,796
Disposals | (146,406 )
Revaluations | 31,467
As at 31 December 2025 | 400,164
Provision
As at 1 January 2025 | -
As at 31 December 2025 | -
Net Book Value
As at 31 December 2025 | 400,164
As at 1 January 2025 | 359,307

7. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 976,667 |  | 1,183,737

8. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 473,960 |  | 376,261
Prepayments and accrued income | 44,889 |  | 39,848
Other debtors | 60 |  | -
| 518,909 |  | 416,109

9. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 59,382 |  | 40,332
Other taxes and social security | 302,810 |  | 221,751
Other creditors | 1,953 |  | 2,886
Accruals and deferred income | 8,000 |  | 7,875
| 372,145 |  | 272,844

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

Page 6
Page 7
Giftstones Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Not later than one year | 51,200 |  | 73,700
Later than one year and not later than five years | 51,200 |  | 102,400
| 102,400 |  | 176,100

12. Pension Commitments
The company operates a defined contribution pension scheme for its employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £Nil (2024 - £2,885) were due to the fund. They are included in Other Creditors.
Page 7