Acorah Software Products - Accounts Production 19.3.550 false true true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 01228502 Mr T B Haywood Mrs L Haywood iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01228502 2024-10-31 01228502 2025-10-31 01228502 2024-11-01 2025-10-31 01228502 frs-core:CurrentFinancialInstruments 2025-10-31 01228502 frs-core:FurnitureFittings 2025-10-31 01228502 frs-core:FurnitureFittings 2024-11-01 2025-10-31 01228502 frs-core:FurnitureFittings 2024-10-31 01228502 frs-core:MotorVehicles 2025-10-31 01228502 frs-core:MotorVehicles 2024-11-01 2025-10-31 01228502 frs-core:MotorVehicles 2024-10-31 01228502 frs-core:PlantMachinery 2025-10-31 01228502 frs-core:PlantMachinery 2024-11-01 2025-10-31 01228502 frs-core:PlantMachinery 2024-10-31 01228502 frs-core:SharePremium 2024-10-31 01228502 frs-core:SharePremium 2025-10-31 01228502 frs-core:ShareCapital 2025-10-31 01228502 frs-core:RetainedEarningsAccumulatedLosses 2024-11-01 2025-10-31 01228502 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-10-31 01228502 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 01228502 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 01228502 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 01228502 frs-bus:SmallEntities 2024-11-01 2025-10-31 01228502 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 01228502 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 01228502 frs-bus:Director1 2024-11-01 2025-10-31 01228502 frs-bus:Director2 2024-11-01 2025-10-31 01228502 frs-countries:EnglandWales 2024-11-01 2025-10-31 01228502 2023-10-31 01228502 2024-10-31 01228502 2023-11-01 2024-10-31 01228502 frs-core:CurrentFinancialInstruments 2024-10-31 01228502 frs-core:SharePremium 2024-10-31 01228502 frs-core:ShareCapital 2024-10-31 01228502 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: 01228502
Dealmead Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
WAC (Whale & Company) Limited
Chartered Accountants & Business Advisors
Dealmead Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Dealmead Limited
Balance Sheet
As At 31 October 2025
Balance Sheet
Registered number: 01228502

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 43,709 |  | 78,335
|  |  | 43,709 |  | 78,335
CURRENT ASSETS
Stocks | 5 | 1,481,468 |  | 1,194,608 |
Debtors | 6 | 105,287 |  | 26,143 |
Cash at bank and in hand |  | 170,890 |  | 369,388 |
|  | 1,757,645 |  | 1,590,139 |
Creditors: Amounts Falling Due Within One Year | 7 | (1,190,713 ) |  | (990,221 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 566,932 |  | 599,918
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 610,641 |  | 678,253
NET ASSETS |  |  | 610,641 |  | 678,253
CAPITAL AND RESERVES
Called up share capital | 9 |  | 870 |  | 870
Share premium account |  |  | 60,000 |  | 60,000
Profit and Loss Account |  |  | 549,771 |  | 617,383
SHAREHOLDERS' FUNDS |  |  | 610,641 |  | 678,253

Page 1
Page 2
Dealmead Limited
Balance Sheet (continued)
As At 31 October 2025
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 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.
The financial statements were approved by the board of directors on 2 July 2026 and were signed on its behalf by:

Mr T B Haywood Director
2nd July 2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Dealmead Limited
Notes to the Financial Statements
For The Year Ended 31 October 2025
Notes to the Financial Statements
1. General Information
Dealmead Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01228502 . The registered office is Beech Knoll Burton Road, Midway, Swadlincote, Derbyshire, DE11 0DP.
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.
The principal accounting policies applied in the preparation of these financial statements are set out below. The policies have been consistently applied to all years presented, unless otherwise stated.
The financial statements have been prepared using the historical cost convention, except, certain items maybe shown at fair value, where disclosed in the accounting policies.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. They are of the opinion they have adequate funding from other lenders to continue trading until the market for new dwellings moves forward.
2.3. Significant judgements and estimations
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities at the balance sheet date and the amounts reported for revenue and expenses during the year. However the nature of estimation means that the actual outcomes could differ from those estimates. There are no significant judgements, apart from those involving estimates, which have had an effect on the values recognised in the financial statements.
Work in progress is valued at cost plus an estimate of the profit earned at the end of the financial period. Should the price of the properties being built have to be reduced then this could have a significant impact on those valuations.
2.4. Turnover
Revenue comprises the fair value of the consideration received or receivable net of value added tax, returns, rebates and discounts. It is recognised in the Profit and Loss Account when the significant risks and rewards of ownership have transferred to the purchaser. Revenue in respect of the sale of residential properties is recognised at the fair value of the consideration received or receivable on legal completion.
Additionally where the outcome of a long term contract can be estimated reliably, revenue and costs are recognised by the stage of completion of the contract activity at the balance sheet date. Where the outcome of the long term activity cannot be estimated reliably the contract costs will be carried as work in progress.
2.5. 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 | on a straight line basis over 3 to 5 years
Motor Vehicles | on a straight line basis over 4 years
Fixtures & Fittings | on a straight line basis over 6 to 10 years

2.6. Leasing and Hire Purchase Contracts
Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
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Dealmead Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
2.7. Stocks and Work in Progress
Stocks are initially stated at cost and then held at the lower of this initial amount and net realisable value. The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. Net realisable value represents the net selling price less the esimated costs of completion and costs to be incurred in respect of marketing, selling and distribution. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to net realiable value; the impairment loss is recognised immediately in profit or loss.
2.8. Financial Instruments
Cash and Cash Equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade Debtors
Trade debtors are amounts due from customers for purchases in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade Creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
2.9. Pensions
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods. Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
2.10. Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
2.11. Share Capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
2.12. Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 7)
5 7
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Dealmead Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
4. Tangible Assets

| Plant & Machinery | Motor Vehicles | Fixtures & Fittings | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 November 2024 | 179,207 | 92,837 | 2,396 | 274,440
Additions | - | - | 1,228 | 1,228
Disposals | - | - | (960 ) | (960 )
As at 31 October 2025 | 179,207 | 92,837 | 2,664 | 274,708
Depreciation
As at 1 November 2024 | 103,985 | 89,772 | 2,348 | 196,105
Provided during the period | 32,612 | 3,065 | 177 | 35,854
Disposals | - | - | (960 ) | (960 )
As at 31 October 2025 | 136,597 | 92,837 | 1,565 | 230,999
Net Book Value
As at 31 October 2025 | 42,610 | - | 1,099 | 43,709
As at 1 November 2024 | 75,222 | 3,065 | 48 | 78,335

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 500,029 |  | 500,029
Work in progress | 981,439 |  | 694,579
| 1,481,468 |  | 1,194,608

Stock refers to land held by the company, all material stocks on site are included in work in progress.
6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 45,137 |  | -
Prepayments and accrued income | 12,489 |  | 2,864
Other debtors | 47,661 |  | 23,279
| 105,287 |  | 26,143

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Dealmead Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 26,777 |  | 24,414
Other loans | 200,000 |  | -
Other taxes and social security | 8,605 |  | 8,531
Net wages | 3,133 |  | 158
Accruals and deferred income | 3,002 |  | 7,922
Directors' loan accounts | 949,196 |  | 949,196
| 1,190,713 |  | 990,221

See the related party note for information on the balance on the directors' loan account.
8. Deferred Taxation
The company has tax losses that exceed the accounts written down value of tangible fixed assets, giving rise to a deferred tax asset of £74,775 (2024 - £54,150) recovery of which is not forseeable. No provision has been made in the financial statements for this amount.
9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 870 |  | 870

10. Reserves

| Share Premium | Profit and Loss Account
--- | --- | ---
| £ | £
As at 1 November 2024 | 60,000 | 617,383
Loss for the year and total comprehensive income | - | (67,612 )
As at 31 October 2025 | 60,000 | 549,771

11. Related Party Transactions
Directors' remuneration, including benefits in kind totalled £100,540 (2024 - £87,450).
At 31 October the loan from Mr B Haywood (deceased), a former director, had not been transferred to his beneficiaries. The sum of £949,196 was outstanding at the year end date (2024 - £949,196). No interest has been charged.
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