Acorah Software Products - Accounts Production 19.2.450 false true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 03518261 Mr Richard Murphy Mr Stuart Jameson Mr Martin O'Connor Mr Matthew Popple iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03518261 2025-03-31 03518261 2026-03-31 03518261 2025-04-01 2026-03-31 03518261 frs-core:CurrentFinancialInstruments 2026-03-31 03518261 frs-core:Non-currentFinancialInstruments 2026-03-31 03518261 frs-core:FurnitureFittings 2026-03-31 03518261 frs-core:FurnitureFittings 2025-04-01 2026-03-31 03518261 frs-core:FurnitureFittings 2025-03-31 03518261 frs-core:NetGoodwill 2026-03-31 03518261 frs-core:NetGoodwill 2025-04-01 2026-03-31 03518261 frs-core:NetGoodwill 2025-03-31 03518261 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2026-03-31 03518261 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 03518261 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 03518261 frs-core:MotorVehicles 2026-03-31 03518261 frs-core:MotorVehicles 2025-04-01 2026-03-31 03518261 frs-core:MotorVehicles 2025-03-31 03518261 frs-core:PlantMachinery 2026-03-31 03518261 frs-core:PlantMachinery 2025-04-01 2026-03-31 03518261 frs-core:PlantMachinery 2025-03-31 03518261 frs-core:CapitalRedemptionReserve 2026-03-31 03518261 frs-core:RevaluationReserve 2026-03-31 03518261 frs-core:ShareCapital 2026-03-31 03518261 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 03518261 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 03518261 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 03518261 frs-bus:SmallEntities 2025-04-01 2026-03-31 03518261 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 03518261 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 03518261 frs-bus:Director1 2025-04-01 2026-03-31 03518261 frs-bus:Director2 2025-04-01 2026-03-31 03518261 frs-bus:Director3 2025-04-01 2026-03-31 03518261 frs-bus:Director4 2025-04-01 2026-03-31 03518261 frs-countries:EnglandWales 2025-04-01 2026-03-31 03518261 2024-03-31 03518261 2025-03-31 03518261 2024-04-01 2025-03-31 03518261 frs-core:CurrentFinancialInstruments 2025-03-31 03518261 frs-core:Non-currentFinancialInstruments 2025-03-31 03518261 frs-core:CapitalRedemptionReserve 2025-03-31 03518261 frs-core:RevaluationReserve 2025-03-31 03518261 frs-core:ShareCapital 2025-03-31 03518261 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 03518261
Gleave Partnership Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 03518261
2026 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1 1
Tangible Assets 5 1,337,709 1,249,704
1,337,710 1,249,705
CURRENT ASSETS
Stocks 6 1,098,247 143,604
Debtors 7 3,490,019 1,177,955
Cash at bank and in hand 3,198,850 2,392,874
7,787,116 3,714,433
Creditors: Amounts Falling Due Within One Year 8 (3,588,948 ) (1,308,771 )
NET CURRENT ASSETS (LIABILITIES) 4,198,168 2,405,662
TOTAL ASSETS LESS CURRENT LIABILITIES 5,535,878 3,655,367
Creditors: Amounts Falling Due After More Than One Year 9 (305,526 ) (315,032 )
NET ASSETS 5,230,352 3,340,335
CAPITAL AND RESERVES
Called up share capital 10 15,000 15,000
Revaluation reserve 183,859 183,859
Capital redemption reserve 8,800 8,800
Profit and Loss Account 5,022,693 3,132,676
SHAREHOLDERS' FUNDS 5,230,352 3,340,335
Page 1
Page 2
For the year ending 31 March 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 Richard Murphy
Director
20/05/2026
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
Gleave Partnership Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03518261 . The registered office is Winnington House 22 Winnington, Street,, Northwich, Cheshire, CW8 1AD.
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. 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 the profit and loss account over its estimated economic life of .... 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 15% 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
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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 80 (2025: 48)
80 48
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2025 533,000
As at 31 March 2026 533,000
Amortisation
As at 1 April 2025 532,999
As at 31 March 2026 532,999
Net Book Value
As at 31 March 2026 1
As at 1 April 2025 1
Page 4
Page 5
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 April 2025 611,829 282,703 954,899 40,924 1,890,355
Additions 82,000 52,091 217,395 - 351,486
Disposals - - (28,695 ) - (28,695 )
As at 31 March 2026 693,829 334,794 1,143,599 40,924 2,213,146
Depreciation
As at 1 April 2025 155,050 208,393 243,864 33,344 640,651
Provided during the period 12,237 25,131 215,002 1,181 253,551
Disposals - - (18,765 ) - (18,765 )
As at 31 March 2026 167,287 233,524 440,101 34,525 875,437
Net Book Value
As at 31 March 2026 526,542 101,270 703,498 6,399 1,337,709
As at 1 April 2025 456,779 74,310 711,035 7,580 1,249,704
6. Stocks
2026 2025
£ £
Work in progress 1,098,247 143,604
7. Debtors
2026 2025
£ £
Due within one year
Trade debtors 2,810,149 1,083,108
Other debtors 679,870 94,847
3,490,019 1,177,955
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 78,452 24,148
Trade creditors 577,039 242,272
Other creditors 1,284,885 220,406
Taxation and social security 1,648,572 821,945
3,588,948 1,308,771
Page 5
Page 6
9. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 305,526 315,032
10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 15,000 15,000
Page 6