Acorah Software Products - Accounts Production 19.2.450 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 02240153 Mr P E Cassidy Mr L J Elliman 33 Albert Street Limited 1499 Melton Road, Queniborough, Leicester LE7 3FP true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02240153 2024-12-31 02240153 2025-12-31 02240153 2025-01-01 2025-12-31 02240153 frs-core:CurrentFinancialInstruments 2025-12-31 02240153 frs-core:Non-currentFinancialInstruments 2025-12-31 02240153 frs-core:BetweenOneFiveYears 2025-12-31 02240153 frs-core:ComputerEquipment 2025-12-31 02240153 frs-core:ComputerEquipment 2025-01-01 2025-12-31 02240153 frs-core:ComputerEquipment 2024-12-31 02240153 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-12-31 02240153 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-01-01 2025-12-31 02240153 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 02240153 frs-core:MotorVehicles 2025-12-31 02240153 frs-core:MotorVehicles 2025-01-01 2025-12-31 02240153 frs-core:MotorVehicles 2024-12-31 02240153 frs-core:PlantMachinery 2025-12-31 02240153 frs-core:PlantMachinery 2025-01-01 2025-12-31 02240153 frs-core:PlantMachinery 2024-12-31 02240153 frs-core:WithinOneYear 2025-12-31 02240153 frs-core:SharePremium 2025-12-31 02240153 frs-core:ShareCapital 2025-12-31 02240153 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 02240153 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 02240153 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 02240153 frs-bus:SmallEntities 2025-01-01 2025-12-31 02240153 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 02240153 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 02240153 1 2025-01-01 2025-12-31 02240153 frs-bus:Director1 2025-01-01 2025-12-31 02240153 frs-bus:Director2 2025-01-01 2025-12-31 02240153 frs-countries:EnglandWales 2025-01-01 2025-12-31 02240153 2023-12-31 02240153 2024-12-31 02240153 2024-01-01 2024-12-31 02240153 frs-core:CurrentFinancialInstruments 2024-12-31 02240153 frs-core:Non-currentFinancialInstruments 2024-12-31 02240153 frs-core:BetweenOneFiveYears 2024-12-31 02240153 frs-core:WithinOneYear 2024-12-31 02240153 frs-core:SharePremium 2024-12-31 02240153 frs-core:ShareCapital 2024-12-31 02240153 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 02240153
Syston Rolling Shutters Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Sawford Bullard
Blisworth Hill Farm
Stoke Road
Blisworth
Northamptonshire
NN7 3DB
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—6
Page 1
Statement of Financial Position
Registered number: 02240153
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 304,260 317,795
304,260 317,795
CURRENT ASSETS
Stocks 5 51,074 57,384
Debtors 6 667,567 794,520
Cash at bank and in hand 245,548 422,030
964,189 1,273,934
Creditors: Amounts Falling Due Within One Year 7 (443,623 ) (608,015 )
NET CURRENT ASSETS (LIABILITIES) 520,566 665,919
TOTAL ASSETS LESS CURRENT LIABILITIES 824,826 983,714
Creditors: Amounts Falling Due After More Than One Year 8 (187,069 ) (206,212 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (50,770 ) (51,699 )
NET ASSETS 586,987 725,803
CAPITAL AND RESERVES
Called up share capital 10 100 100
Share premium account 67,402 67,402
Income Statement 519,485 658,301
SHAREHOLDERS' FUNDS 586,987 725,803
Page 1
Page 2
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 Income Statement.
On behalf of the board
Mr L J Elliman
Director
24 April 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Syston Rolling Shutters Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02240153 . The registered office is 1499 Melton Road Queniborough, Leicester, LE7 3FP.
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 are prepared in sterling, which is the functional currency of the entity.
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:
Leasehold 10% Straight Line
Plant & Machinery 10% Reducing Balance
Motor Vehicles 25% Reducing Balance
Computer Equipment 20% Straight Line
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
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.
Page 3
Page 4
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
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
2.7. 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.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
2.9. Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 28 (2024: 26)
28 26
Page 4
Page 5
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2025 51,721 9,987 446,831 24,276 532,815
Additions - - 190,804 - 190,804
Disposals - - (156,950 ) - (156,950 )
As at 31 December 2025 51,721 9,987 480,685 24,276 566,669
Depreciation
As at 1 January 2025 17,533 9,707 168,856 18,924 215,020
Provided during the period 5,172 28 84,616 1,715 91,531
Disposals - - (44,142 ) - (44,142 )
As at 31 December 2025 22,705 9,735 209,330 20,639 262,409
Net Book Value
As at 31 December 2025 29,016 252 271,355 3,637 304,260
As at 1 January 2025 34,188 280 277,975 5,352 317,795
5. Stocks
2025 2024
£ £
Stock 51,074 57,384
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 605,748 771,359
Other debtors 61,819 23,161
667,567 794,520
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 56,459 56,738
Trade creditors 288,764 484,143
Other creditors 28,641 31,385
Taxation and social security 69,759 35,749
443,623 608,015
Page 5
Page 6
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 187,069 206,212
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 56,459 56,738
Later than one year and not later than five years 187,069 206,212
243,528 262,950
243,528 262,950
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
11. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is 33 Albert Street Limited . 33 Albert Street Limited was incorporated in England and Wales. The ultimate controlling party is 33 Albert Street Limited who controls 100% of the shares of Syston Rolling Shutters Limited .
Page 6