Acorah Software Products - Accounts Production 19.2.450 false true 28 February 2025 29 February 2024 false 1 March 2025 28 February 2026 28 February 2026 03322717 Mr David Cumberland Mr Robert Davies Mr Luke Morris iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03322717 2025-02-28 03322717 2026-02-28 03322717 2025-03-01 2026-02-28 03322717 frs-core:CurrentFinancialInstruments 2026-02-28 03322717 frs-core:ComputerEquipment 2026-02-28 03322717 frs-core:ComputerEquipment 2025-03-01 2026-02-28 03322717 frs-core:ComputerEquipment 2025-02-28 03322717 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2026-02-28 03322717 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-01 2026-02-28 03322717 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-02-28 03322717 frs-core:MotorVehicles 2026-02-28 03322717 frs-core:MotorVehicles 2025-03-01 2026-02-28 03322717 frs-core:MotorVehicles 2025-02-28 03322717 frs-core:PlantMachinery 2026-02-28 03322717 frs-core:PlantMachinery 2025-03-01 2026-02-28 03322717 frs-core:PlantMachinery 2025-02-28 03322717 frs-core:ShareCapital 2026-02-28 03322717 frs-core:RetainedEarningsAccumulatedLosses 2026-02-28 03322717 frs-bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 03322717 frs-bus:FilletedAccounts 2025-03-01 2026-02-28 03322717 frs-bus:SmallEntities 2025-03-01 2026-02-28 03322717 frs-bus:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 03322717 frs-bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 03322717 frs-bus:Director1 2025-03-01 2026-02-28 03322717 frs-bus:Director1 2025-02-28 03322717 frs-bus:Director1 2026-02-28 03322717 frs-bus:Director2 2025-03-01 2026-02-28 03322717 frs-bus:Director3 2025-03-01 2026-02-28 03322717 frs-core:CurrentFinancialInstruments 3 2026-02-28 03322717 frs-countries:EnglandWales 2025-03-01 2026-02-28 03322717 2024-02-28 03322717 2025-02-28 03322717 2024-02-29 2025-02-28 03322717 frs-core:CurrentFinancialInstruments 2025-02-28 03322717 frs-core:ShareCapital 2025-02-28 03322717 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 03322717 frs-core:CurrentFinancialInstruments 1 2025-02-28 03322717 frs-core:CurrentFinancialInstruments 3 2025-02-28
Registered number: 03322717
Cotswold Technical Services Limited
Unaudited Financial Statements
For The Year Ended 28 February 2026
VJH Accountancy Ltd
Chartered Accountants
The Zinc Building
Ventura Park, Broadshires Way
Carterton
Oxfordshire
OX18 1AD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03322717
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 158,610 177,773
158,610 177,773
CURRENT ASSETS
Debtors 5 240,472 1,226,524
Cash at bank and in hand 456,693 364,672
697,165 1,591,196
Creditors: Amounts Falling Due Within One Year 6 (474,930 ) (531,058 )
NET CURRENT ASSETS (LIABILITIES) 222,235 1,060,138
TOTAL ASSETS LESS CURRENT LIABILITIES 380,845 1,237,911
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,408 ) (4,408 )
NET ASSETS 376,437 1,233,503
CAPITAL AND RESERVES
Called up share capital 7 1,001 1,001
Profit and Loss Account 375,436 1,232,502
SHAREHOLDERS' FUNDS 376,437 1,233,503
Page 1
Page 2
For the year ending 28 February 2026 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 Robert Davies
Director
28 May 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Cotswold Technical Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03322717 . The registered office is 89 High Street, Evesham, Worcester, WR11 4DN.
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 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 20% straight line
Plant & Machinery 20% straight line
Motor Vehicles 20% straight line
Computer Equipment 20% straight line
2.4. 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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2025: 7)
7 7
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 March 2025 59,768 2,107 170,053 13,724 245,652
Additions - - 45,350 565 45,915
Disposals - - (44,810 ) - (44,810 )
As at 28 February 2026 59,768 2,107 170,593 14,289 246,757
Depreciation
As at 1 March 2025 - 2,107 54,818 10,954 67,879
Provided during the period - - 32,127 837 32,964
Disposals - - (12,696 ) - (12,696 )
As at 28 February 2026 - 2,107 74,249 11,791 88,147
Net Book Value
As at 28 February 2026 59,768 - 96,344 2,498 158,610
As at 1 March 2025 59,768 - 115,235 2,770 177,773
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 236,616 368,533
Prepayments and accrued income 1,514 1,385
Other debtors - 500
Other debtors CPD - 164,569
Corporation tax recoverable assets - 10,872
Directors' loan accounts 2,342 680,665
240,472 1,226,524
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 160,675 181,910
Other taxes and social security 159,958 238,597
VAT 76,397 17,171
Other creditors - CTS Fire and security balance 13,900 13,900
Accruals and deferred income 64,000 79,480
474,930 531,058
Page 4
Page 5
7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1,001 1,001
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 March 2025 Amounts advanced Amounts repaid Amounts written off As at 28 February 2026
£ £ £ £ £
Mr Robert Davies 680,665 404,815 1,085,480 - -
The above loan is unsecured, interest is charged at HMRC prevailing rate and repayable on demand.
Page 5