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 10042952 Miss Charli Dellaway Mr Bailey Dellaway Mr Jordan Dellaway iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10042952 2025-03-31 10042952 2026-03-31 10042952 2025-04-01 2026-03-31 10042952 frs-core:CurrentFinancialInstruments 2026-03-31 10042952 frs-core:Non-currentFinancialInstruments 2026-03-31 10042952 frs-core:BetweenOneFiveYears 2026-03-31 10042952 frs-core:ComputerEquipment 2026-03-31 10042952 frs-core:ComputerEquipment 2025-04-01 2026-03-31 10042952 frs-core:ComputerEquipment 2025-03-31 10042952 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-04-01 2026-03-31 10042952 frs-core:FurnitureFittings 2026-03-31 10042952 frs-core:FurnitureFittings 2025-04-01 2026-03-31 10042952 frs-core:FurnitureFittings 2025-03-31 10042952 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2026-03-31 10042952 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-04-01 2026-03-31 10042952 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 10042952 frs-core:MotorVehicles 2026-03-31 10042952 frs-core:MotorVehicles 2025-04-01 2026-03-31 10042952 frs-core:MotorVehicles 2025-03-31 10042952 frs-core:OtherResidualIntangibleAssets 2026-03-31 10042952 frs-core:OtherResidualIntangibleAssets 2025-04-01 2026-03-31 10042952 frs-core:OtherResidualIntangibleAssets 2025-03-31 10042952 frs-core:WithinOneYear 2026-03-31 10042952 frs-core:ShareCapital 2026-03-31 10042952 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 10042952 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 10042952 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 10042952 frs-bus:SmallEntities 2025-04-01 2026-03-31 10042952 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 10042952 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 10042952 frs-bus:Director1 2025-04-01 2026-03-31 10042952 frs-bus:Director2 2025-04-01 2026-03-31 10042952 frs-bus:Director3 2025-04-01 2026-03-31 10042952 frs-core:CurrentFinancialInstruments 1 2026-03-31 10042952 frs-core:CurrentFinancialInstruments 2 2026-03-31 10042952 frs-core:CurrentFinancialInstruments 3 2026-03-31 10042952 frs-core:CurrentFinancialInstruments 4 2026-03-31 10042952 frs-core:CurrentFinancialInstruments 6 2026-03-31 10042952 frs-countries:EnglandWales 2025-04-01 2026-03-31 10042952 2024-03-31 10042952 2025-03-31 10042952 2024-04-01 2025-03-31 10042952 frs-core:CurrentFinancialInstruments 2025-03-31 10042952 frs-core:Non-currentFinancialInstruments 2025-03-31 10042952 frs-core:BetweenOneFiveYears 2025-03-31 10042952 frs-core:WithinOneYear 2025-03-31 10042952 frs-core:ShareCapital 2025-03-31 10042952 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10042952 frs-core:CurrentFinancialInstruments 1 2025-03-31 10042952 frs-core:CurrentFinancialInstruments 2 2025-03-31 10042952 frs-core:CurrentFinancialInstruments 3 2025-03-31 10042952 frs-core:CurrentFinancialInstruments 4 2025-03-31 10042952 frs-core:CurrentFinancialInstruments 6 2025-03-31
Registered number: 10042952
Safe Working Lifts Ltd
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: 10042952
2026 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 41,857 56,000
Tangible Assets 5 95,618 153,227
137,475 209,227
CURRENT ASSETS
Stocks 6 80,000 75,000
Debtors 7 807,486 616,394
Cash at bank and in hand 31,008 35,347
918,494 726,741
Creditors: Amounts Falling Due Within One Year 8 (692,682 ) (597,570 )
NET CURRENT ASSETS (LIABILITIES) 225,812 129,171
TOTAL ASSETS LESS CURRENT LIABILITIES 363,287 338,398
Creditors: Amounts Falling Due After More Than One Year 9 (38,737 ) (64,753 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (13,765 ) (13,765 )
NET ASSETS 310,785 259,880
CAPITAL AND RESERVES
Called up share capital 11 120 120
Profit and Loss Account 310,665 259,760
SHAREHOLDERS' FUNDS 310,785 259,880
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
Miss Charli Dellaway
Director
06/07/2026
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
Safe Working Lifts Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10042952 . The registered office is Brunswick Yard, North Walk, Barnstaple, Devon, EX31 1AF.
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 - Other Intangible
Other intangible assets are .... 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:
Leasehold Straight Line Method over 5 years
Motor Vehicles Straight Line Method over 5 years
Fixtures & Fittings Straight Line Method over 5 years
Computer Equipment Straight Line Method over 5 years
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: 19 (2025: 19)
19 19
4. Intangible Assets
Other
£
Cost
As at 1 April 2025 70,700
As at 31 March 2026 70,700
Amortisation
As at 1 April 2025 14,700
Provided during the period 14,143
As at 31 March 2026 28,843
Net Book Value
As at 31 March 2026 41,857
As at 1 April 2025 56,000
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Page 5
5. Tangible Assets
Land & Property
Leasehold Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2025 3,271 295,625 2,157 11,527 312,580
Additions - - - 3,119 3,119
As at 31 March 2026 3,271 295,625 2,157 14,646 315,699
Depreciation
As at 1 April 2025 2,838 144,374 1,403 10,738 159,353
Provided during the period 433 59,125 272 898 60,728
As at 31 March 2026 3,271 203,499 1,675 11,636 220,081
Net Book Value
As at 31 March 2026 - 92,126 482 3,010 95,618
As at 1 April 2025 433 151,251 754 789 153,227
6. Stocks
2026 2025
£ £
Finished goods 80,000 75,000
7. Debtors
2026 2025
£ £
Due within one year
Trade debtors 708,917 484,518
Prepayments and accrued income 3,939 4,204
Intercompany account 1,115 127,672
Intercompany account - SWL Refurbishment 93,515 -
807,486 616,394
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 46,823 66,132
Trade creditors 153,339 128,587
Bank loans and overdrafts 2,500 10,000
Corporation tax 34,001 11,935
Other taxes and social security 26,670 45,070
VAT 208,467 131,755
Factoring Account 41,057 116,600
Pension Payable 4,779 4,724
Student loan deduction - 175
...CONTINUED
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Provision for remedial cost 123,000 28,000
Other creditor 7,857 7,857
Loan 28,423 20,813
Accruals and deferred income 15,766 15,766
Directors' loan accounts - 10,156
692,682 597,570
9. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 38,737 62,253
Bank loans - 2,500
38,737 64,753
10. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 46,823 66,132
Later than one year and not later than five years 38,737 62,253
85,560 128,385
85,560 128,385
11. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 120 120
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