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 04298354 Mr Samuel Locke iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04298354 2024-12-31 04298354 2025-12-31 04298354 2025-01-01 2025-12-31 04298354 frs-core:CurrentFinancialInstruments 2025-12-31 04298354 frs-core:Non-currentFinancialInstruments 2025-12-31 04298354 frs-core:BetweenOneFiveYears 2025-12-31 04298354 frs-core:ComputerEquipment 2025-12-31 04298354 frs-core:ComputerEquipment 2025-01-01 2025-12-31 04298354 frs-core:ComputerEquipment 2024-12-31 04298354 frs-core:FurnitureFittings 2025-12-31 04298354 frs-core:FurnitureFittings 2025-01-01 2025-12-31 04298354 frs-core:FurnitureFittings 2024-12-31 04298354 frs-core:MotorVehicles 2025-12-31 04298354 frs-core:MotorVehicles 2025-01-01 2025-12-31 04298354 frs-core:MotorVehicles 2024-12-31 04298354 frs-core:PlantMachinery 2025-12-31 04298354 frs-core:PlantMachinery 2025-01-01 2025-12-31 04298354 frs-core:PlantMachinery 2024-12-31 04298354 frs-core:WithinOneYear 2025-12-31 04298354 frs-core:CapitalRedemptionReserve 2025-12-31 04298354 frs-core:ShareCapital 2025-12-31 04298354 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 04298354 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 04298354 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 04298354 frs-bus:SmallEntities 2025-01-01 2025-12-31 04298354 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 04298354 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 04298354 frs-bus:Director1 2025-01-01 2025-12-31 04298354 frs-countries:EnglandWales 2025-01-01 2025-12-31 04298354 2023-12-31 04298354 2024-12-31 04298354 2024-01-01 2024-12-31 04298354 frs-core:CurrentFinancialInstruments 2024-12-31 04298354 frs-core:Non-currentFinancialInstruments 2024-12-31 04298354 frs-core:BetweenOneFiveYears 2024-12-31 04298354 frs-core:WithinOneYear 2024-12-31 04298354 frs-core:CapitalRedemptionReserve 2024-12-31 04298354 frs-core:ShareCapital 2024-12-31 04298354 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 04298354
Spire Glass Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
Artema Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04298354
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 168,818 158,219
168,818 158,219
CURRENT ASSETS
Stocks 4 52,731 52,085
Debtors 5 356,482 301,701
Cash at bank and in hand 274,851 515,636
684,064 869,422
Creditors: Amounts Falling Due Within One Year 6 (262,178 ) (232,343 )
NET CURRENT ASSETS (LIABILITIES) 421,886 637,079
TOTAL ASSETS LESS CURRENT LIABILITIES 590,704 795,298
Creditors: Amounts Falling Due After More Than One Year 7 (49,098 ) (45,275 )
NET ASSETS 541,606 750,023
CAPITAL AND RESERVES
Called up share capital 9 101 102
Capital redemption reserve 1 -
Profit and Loss Account 541,504 749,921
SHAREHOLDERS' FUNDS 541,606 750,023
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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 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 Samuel Locke
Director
06/03/2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.
1.3. 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:
Plant & Machinery 15% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance
Computer Equipment 15% reducing balance
1.4. 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 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.
1.5. 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.
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1.6. 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. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 16 (2024: 16)
16 16
3. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2025 3,413 321,705 21,867 34,312 381,297
Additions - 56,439 - 2,661 59,100
Disposals - (17,140 ) - - (17,140 )
As at 31 December 2025 3,413 361,004 21,867 36,973 423,257
Depreciation
As at 1 January 2025 3,276 195,026 6,562 18,214 223,078
Provided during the period 21 39,900 2,291 2,561 44,773
Disposals - (13,412 ) - - (13,412 )
As at 31 December 2025 3,297 221,514 8,853 20,775 254,439
Net Book Value
As at 31 December 2025 116 139,490 13,014 16,198 168,818
As at 1 January 2025 137 126,679 15,305 16,098 158,219
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4. Stocks
2025 2024
£ £
Materials 4,863 4,031
Work in progress 47,868 48,054
52,731 52,085
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 277,189 192,719
Prepayments and accrued income 15,393 13,624
VAT 11,130 15,942
Director's loan account - 14,500
Amounts owed by group undertakings 52,770 64,916
356,482 301,701
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 17,269 10,842
Trade creditors 107,011 137,648
Corporation tax 97,280 60,159
Other taxes and social security 31,402 16,957
Other creditors 7,104 4,937
Accruals and deferred income 1,800 1,800
Director's loan account 312 -
262,178 232,343
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 20,451 11,210
Bank loans 28,647 34,065
49,098 45,275
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8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The maturity of these amounts is as follows:
Within one year 17,269 10,842
Between one and five years 20,451 11,210
37,720 22,052
37,720 22,052
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 101 102
10. General Information
Spire Glass Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04298354 . The registered office is 3 Solar Way, Amesbury, Salisbury, SP4 7SZ.
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