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Registered number: 15472955
Nar Electrical Group Ltd
Financial Statements
For The Year Ended 28 February 2026
Accountability
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 15472955
28 February 2026 28 February 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,101 -
1,101 -
CURRENT ASSETS
Stocks 5 30,000 -
Debtors 6 24,009 56,150
Cash at bank and in hand 20,704 52,005
74,713 108,155
Creditors: Amounts Falling Due Within One Year 7 (83,716 ) (82,019 )
NET CURRENT ASSETS (LIABILITIES) (9,003 ) 26,136
TOTAL ASSETS LESS CURRENT LIABILITIES (7,902 ) 26,136
NET (LIABILITIES)/ASSETS (7,902 ) 26,136
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (8,002 ) 26,036
SHAREHOLDERS' FUNDS (7,902) 26,136
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Page 2
For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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
N Rainbow
Director
10/07/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Nar Electrical Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15472955 . The registered office is C/O Accountability Eastlands Court Business Centre, St. Peters Road, Rugby, Warwickshire, CV21 3QP.
The presentation currency of the financial statments is the Pound Sterling (£).
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. Going Concern Disclosure
The financial statements have been prepared on the going concern basis on the understanding that the director will continue to support the company for a period of at least 12 months from the date of these financial statements.
2.3. 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.
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 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 33% Straight Line
2.5. 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.
2.6. Financial Instruments
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.  Financial assets classified as receivable within one year are not amortised.
2.7. Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2025: 1)
1 1
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 March 2025 - - - -
Additions 833 266 416 1,515
As at 28 February 2026 833 266 416 1,515
Depreciation
As at 1 March 2025 - - - -
Provided during the period 208 67 139 414
As at 28 February 2026 208 67 139 414
Net Book Value
As at 28 February 2026 625 199 277 1,101
As at 1 March 2025 - - - -
5. Stocks
28 February 2026 28 February 2025
£ £
Stock 30,000 -
6. Debtors
28 February 2026 28 February 2025
£ £
Due within one year
Trade debtors 383 50,699
Other debtors 23,626 5,451
24,009 56,150
7. Creditors: Amounts Falling Due Within One Year
28 February 2026 28 February 2025
£ £
Trade creditors 40,991 73,793
Other creditors 42,410 1,785
Taxation and social security 315 6,441
83,716 82,019
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8. Share Capital
28 February 2026 28 February 2025
£ £
Allotted, Called up and fully paid 100 100
Page 5