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Registered number: 02434307
A-Stat Office Technology Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
TAG Accountants Group Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 02434307
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 97,233 94,182
97,233 94,182
CURRENT ASSETS
Stocks 6 26,700 22,700
Debtors 7 398,322 377,492
Cash at bank and in hand 322,710 678,573
747,732 1,078,765
Creditors: Amounts Falling Due Within One Year 8 (430,049 ) (475,729 )
NET CURRENT ASSETS (LIABILITIES) 317,683 603,036
TOTAL ASSETS LESS CURRENT LIABILITIES 414,916 697,218
Creditors: Amounts Falling Due After More Than One Year 9 (8,344 ) -
PROVISIONS FOR LIABILITIES
Deferred Taxation (10,976 ) (14,183 )
NET ASSETS 395,596 683,035
CAPITAL AND RESERVES
Called up share capital 11 200 200
Share premium account 29,998 29,998
Capital redemption reserve 2 2
Profit and Loss Account 365,396 652,835
SHAREHOLDERS' FUNDS 395,596 683,035
Page 1
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For the year ending 31 October 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 director acknowledges his 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 David Westwood
Director
29th June 2026
The notes on pages 3 to 7 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
A-Stat Office Technology Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02434307 . The registered office is 20 Henwood Road, Wolverhampton, West Midlands, WV6 8PG.
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 profit and loss account over its estimated economic life of six 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:
Plant & Machinery 15% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance
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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.
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: 15 (2024: 15)
15 15
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4. Intangible Assets
Goodwill
£
Cost
As at 1 November 2024 56,325
As at 31 October 2025 56,325
Amortisation
As at 1 November 2024 56,325
As at 31 October 2025 56,325
Net Book Value
As at 31 October 2025 -
As at 1 November 2024 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 November 2024 12,592 120,892 157,363 290,847
Additions - 25,328 - 25,328
Disposals - (14,853 ) - (14,853 )
As at 31 October 2025 12,592 131,367 157,363 301,322
Depreciation
As at 1 November 2024 10,649 45,832 140,184 196,665
Provided during the period 291 14,710 2,577 17,578
Disposals - (10,154 ) - (10,154 )
As at 31 October 2025 10,940 50,388 142,761 204,089
Net Book Value
As at 31 October 2025 1,652 80,979 14,602 97,233
As at 1 November 2024 1,943 75,060 17,179 94,182
6. Stocks
2025 2024
£ £
Finished goods 26,700 22,700
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7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 376,979 360,077
Prepayments and accrued income 18,119 17,415
Other debtor 3,224 -
398,322 377,492
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 6,260 -
Trade creditors 128,004 204,537
Corporation tax 172,303 161,950
Other taxes and social security 27,425 25,419
VAT 88,119 76,592
Accruals and deferred income 6,584 5,877
Director's loan account 1,354 1,354
430,049 475,729
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 8,344 -
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 6,260 -
Later than one year and not later than five years 8,344 -
14,604 -
14,604 -
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11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 200 200
12. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 34,127 43,253
Later than one year and not later than five years 32,327 28,405
66,454 71,658
13. Ultimate Controlling Party
The company's immediate and ultimate parent undertaking is A-Stat Holdings Limited. A-Stat Holdings Limited was
incorporated in England. The ultimate controlling party is A-Stat Holdings Limited who controls 100% of the shares of A-Stat
Office Technology Limited.
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