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 12342259 Mr Mario Smrcek Mr Marinko Kos iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12342259 2024-12-31 12342259 2025-12-31 12342259 2025-01-01 2025-12-31 12342259 frs-core:CurrentFinancialInstruments 2025-12-31 12342259 frs-core:ComputerEquipment 2025-12-31 12342259 frs-core:ComputerEquipment 2025-01-01 2025-12-31 12342259 frs-core:ComputerEquipment 2024-12-31 12342259 frs-core:FurnitureFittings 2025-12-31 12342259 frs-core:FurnitureFittings 2025-01-01 2025-12-31 12342259 frs-core:FurnitureFittings 2024-12-31 12342259 frs-core:MotorVehicles 2025-01-01 2025-12-31 12342259 frs-core:PlantMachinery 2025-12-31 12342259 frs-core:PlantMachinery 2025-01-01 2025-12-31 12342259 frs-core:PlantMachinery 2024-12-31 12342259 frs-core:SharePremium 2025-12-31 12342259 frs-core:ShareCapital 2025-12-31 12342259 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 12342259 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 12342259 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 12342259 frs-bus:SmallEntities 2025-01-01 2025-12-31 12342259 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 12342259 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 12342259 frs-core:UnlistedNon-exchangeTraded 2025-12-31 12342259 frs-core:UnlistedNon-exchangeTraded 2024-12-31 12342259 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 12342259 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:UnlistedNon-exchangeTraded 2025-12-31 12342259 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-12-31 12342259 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 12342259 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-12-31 12342259 frs-bus:Director1 2025-01-01 2025-12-31 12342259 frs-bus:Director2 2025-01-01 2025-12-31 12342259 frs-countries:EnglandWales 2025-01-01 2025-12-31 12342259 2023-12-31 12342259 2024-12-31 12342259 2024-01-01 2024-12-31 12342259 frs-core:CurrentFinancialInstruments 2024-12-31 12342259 frs-core:SharePremium 2024-12-31 12342259 frs-core:ShareCapital 2024-12-31 12342259 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 12342259
Solent Automation Ltd
Financial Statements
For The Year Ended 31 December 2025
Certified Public Accountant (CPAA)
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 12342259
2025 2024
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 27,424 27,234
Investments 5 - (5,061 )
27,424 22,173
CURRENT ASSETS
Stocks 6 1,162,116 923,511
Debtors 7 2,330,823 1,182,493
Investments 8 - 68,413
Cash at bank and in hand 26,320 3,336
3,519,259 2,177,753
Creditors: Amounts Falling Due Within One Year 9 (1,154,674 ) (1,167,336 )
NET CURRENT ASSETS (LIABILITIES) 2,364,585 1,010,417
TOTAL ASSETS LESS CURRENT LIABILITIES 2,392,009 1,032,590
PROVISIONS FOR LIABILITIES
R&D Tax Credit (52,404 ) -
NET ASSETS 2,339,605 1,032,590
CAPITAL AND RESERVES
Called up share capital 10 1,844,873 542,920
Share premium account 70 70
Profit and Loss Account 494,662 489,600
SHAREHOLDERS' FUNDS 2,339,605 1,032,590
Page 1
Page 2
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 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 Mario Smrcek
Director
23 June 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
Solent Automation Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12342259 . The registered office is Unit 10, Spring Business Park, Stanbridge Road, Havant, Hampshire, PO9 2GJ.
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:
Plant & Machinery 20% Fixed *
Motor Vehicles 33% Reducing
Fixtures & Fittings 10% Fixed
Computer Equipment 33% Fixed
* Tools and Small Equipment have 2 year (50%) fixed depreciation.
2.4. 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.
Previous Year Note: Work in progress and finished goods not tracked in prior year. Opening stock considered equal to stock value brought forward.
2.5. 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.
Page 3
Page 4
2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 17 (2024: 9)
17 9
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2025 11,959 8,225 27,051 47,235
Additions - 1,116 9,417 10,533
As at 31 December 2025 11,959 9,341 36,468 57,768
Depreciation
As at 1 January 2025 7,291 1,703 11,007 20,001
Provided during the period 2,325 2,056 5,962 10,343
As at 31 December 2025 9,616 3,759 16,969 30,344
Net Book Value
As at 31 December 2025 2,343 5,582 19,499 27,424
As at 1 January 2025 4,668 6,522 16,044 27,234
Page 4
Page 5
5. Investments
Unlisted
£
Cost or Valuation
As at 1 January 2025 (5,061 )
Revaluations 5,061
As at 31 December 2025 -
Provision
As at 1 January 2025 -
As at 31 December 2025 -
Net Book Value
As at 31 December 2025 -
As at 1 January 2025 (5,061 )
6. Stocks
2025 2024
as restated
£ £
Materials 25,056 -
Finished goods 517,561 -
Work in progress 619,499 923,511
1,162,116 923,511
7. Debtors
2025 2024
as restated
£ £
Due within one year
Trade debtors 831,028 1,062,345
Amounts owed by participating interests - 2,149
Other debtors 1,499,795 117,999
2,330,823 1,182,493
8. Current Asset Investments
2025 2024
as restated
£ £
Unlisted investments - 68,413
Page 5
Page 6
9. Creditors: Amounts Falling Due Within One Year
2025 2024
as restated
£ £
Trade creditors 613,793 355,252
Other loans 491,996 347,565
Other creditors 13,755 90,973
Taxation and social security 35,130 373,546
1,154,674 1,167,336
10. Share Capital
2025 2024
as restated
£ £
Allotted, Called up and fully paid 1,844,873 542,920
Page 6