Acorah Software Products - Accounts Production 19.2.450 false true 30 September 2024 1 October 2023 false 1 October 2024 30 September 2025 30 September 2025 04291736 Mr Matthew Ashton Mr Mark Jones Mrs Barbara Jones iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04291736 2024-09-30 04291736 2025-09-30 04291736 2024-10-01 2025-09-30 04291736 frs-core:CurrentFinancialInstruments 2025-09-30 04291736 frs-core:ComputerEquipment 2025-09-30 04291736 frs-core:ComputerEquipment 2024-10-01 2025-09-30 04291736 frs-core:ComputerEquipment 2024-09-30 04291736 frs-core:FurnitureFittings 2025-09-30 04291736 frs-core:FurnitureFittings 2024-10-01 2025-09-30 04291736 frs-core:FurnitureFittings 2024-09-30 04291736 frs-core:NetGoodwill 2025-09-30 04291736 frs-core:NetGoodwill 2024-10-01 2025-09-30 04291736 frs-core:NetGoodwill 2024-09-30 04291736 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-09-30 04291736 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-01 2025-09-30 04291736 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-30 04291736 frs-core:MotorVehicles 2025-09-30 04291736 frs-core:MotorVehicles 2024-10-01 2025-09-30 04291736 frs-core:MotorVehicles 2024-09-30 04291736 frs-core:PlantMachinery 2025-09-30 04291736 frs-core:PlantMachinery 2024-10-01 2025-09-30 04291736 frs-core:PlantMachinery 2024-09-30 04291736 frs-core:ShareCapital 2025-09-30 04291736 frs-core:RetainedEarningsAccumulatedLosses 2025-09-30 04291736 frs-bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 04291736 frs-bus:FilletedAccounts 2024-10-01 2025-09-30 04291736 frs-bus:SmallEntities 2024-10-01 2025-09-30 04291736 frs-bus:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 04291736 frs-bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 04291736 frs-bus:Director1 2024-10-01 2025-09-30 04291736 frs-bus:Director2 2024-10-01 2025-09-30 04291736 frs-bus:CompanySecretary1 2024-10-01 2025-09-30 04291736 frs-countries:EnglandWales 2024-10-01 2025-09-30 04291736 2023-09-30 04291736 2024-09-30 04291736 2023-10-01 2024-09-30 04291736 frs-core:CurrentFinancialInstruments 2024-09-30 04291736 frs-core:ShareCapital 2024-09-30 04291736 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30
Registered number: 04291736
Gypcom Limited
Unaudited Financial Statements
For The Year Ended 30 September 2025
Tasker Osman & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04291736
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 336,951 355,965
336,951 355,965
CURRENT ASSETS
Stocks 6 24,900 36,040
Debtors 7 162,612 62,653
Cash at bank and in hand 397,479 194,903
584,991 293,596
Creditors: Amounts Falling Due Within One Year 8 (221,967 ) (112,067 )
NET CURRENT ASSETS (LIABILITIES) 363,024 181,529
TOTAL ASSETS LESS CURRENT LIABILITIES 699,975 537,494
PROVISIONS FOR LIABILITIES
Deferred Taxation (14,016 ) (18,769 )
NET ASSETS 685,959 518,725
CAPITAL AND RESERVES
Called up share capital 10 92 92
Profit and Loss Account 685,867 518,633
SHAREHOLDERS' FUNDS 685,959 518,725
Page 1
Page 2
For the year ending 30 September 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 Matthew Ashton
Director
Mr Mark Jones
Director
25/06/2026
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
Gypcom Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04291736 . The registered office is Unit 2 G3 Business Park, Dolphin Road, Shoreham-By-Sea, West Sussex, BN43 6AN.
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 0
Plant & Machinery 25% Reducing balance
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 25% Reducing balance
Computer Equipment 33% 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.
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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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
4. Intangible Assets
Goodwill
£
Cost
As at 1 October 2024 100,000
As at 30 September 2025 100,000
Amortisation
As at 1 October 2024 100,000
As at 30 September 2025 100,000
Net Book Value
As at 30 September 2025 -
As at 1 October 2024 -
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5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 October 2024 280,889 81,852 153,783 69,708
As at 30 September 2025 280,889 81,852 153,783 69,708
Depreciation
As at 1 October 2024 - 75,264 90,257 67,811
Provided during the period - 1,647 15,882 474
As at 30 September 2025 - 76,911 106,139 68,285
Net Book Value
As at 30 September 2025 280,889 4,941 47,644 1,423
As at 1 October 2024 280,889 6,588 63,526 1,897
Computer Equipment Total
£ £
Cost
As at 1 October 2024 36,349 622,581
As at 30 September 2025 36,349 622,581
Depreciation
As at 1 October 2024 33,284 266,616
Provided during the period 1,011 19,014
As at 30 September 2025 34,295 285,630
Net Book Value
As at 30 September 2025 2,054 336,951
As at 1 October 2024 3,065 355,965
6. Stocks
2025 2024
£ £
Materials 1,240 1,160
Work in progress 23,660 34,880
24,900 36,040
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7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 133,704 37,550
Other debtors 28,908 25,103
162,612 62,653
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 32,098 7,094
Bank loans and overdrafts 1,242 1,894
Other creditors 94,512 83,822
Taxation and social security 94,115 19,257
221,967 112,067
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 92 92
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