Acorah Software Products - Accounts Production 19.3.550 false true 28 February 2025 29 February 2024 false 1 March 2025 28 February 2026 28 February 2026 14873626 Mrs M Simkins Mr K Simkins iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14873626 2025-02-28 14873626 2026-02-28 14873626 2025-03-01 2026-02-28 14873626 frs-core:CurrentFinancialInstruments 2026-02-28 14873626 frs-core:PlantMachinery 2026-02-28 14873626 frs-core:PlantMachinery 2025-03-01 2026-02-28 14873626 frs-core:PlantMachinery 2025-02-28 14873626 frs-core:ShareCapital 2026-02-28 14873626 frs-core:RetainedEarningsAccumulatedLosses 2026-02-28 14873626 frs-bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 14873626 frs-bus:FilletedAccounts 2025-03-01 2026-02-28 14873626 frs-bus:SmallEntities 2025-03-01 2026-02-28 14873626 frs-bus:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 14873626 frs-bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 14873626 frs-bus:Director1 2025-03-01 2026-02-28 14873626 frs-bus:Director2 2025-03-01 2026-02-28 14873626 frs-countries:EnglandWales 2025-03-01 2026-02-28 14873626 2024-02-28 14873626 2025-02-28 14873626 2024-02-29 2025-02-28 14873626 frs-core:CurrentFinancialInstruments 2025-02-28 14873626 frs-core:ShareCapital 2025-02-28 14873626 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28
Registered number: 14873626
Exact Finishes Limited
Financial Statements
For The Year Ended 28 February 2026
Affinity Associates (AU) Limited
Suite A, 1st Floor, Unit 1
Eurogate Business Park,
Ashford
Kent
TN24 8XW
Exact Finishes Limited
Contents
Contents

| Page
--- | ---
Statement of Financial Position | 1—2
Notes to the Financial Statements | 3—5

Page 1
Exact Finishes Limited
Statement of Financial Position
As At 28 February 2026
Statement of Financial Position
Registered number: 14873626

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 52,707 |  | -
|  |  | 52,707 |  | -
CURRENT ASSETS
Stocks | 5 | 28,915 |  | 20,958 |
Debtors | 6 | 474,863 |  | 293,915 |
Cash at bank and in hand |  | 106,778 |  | 4,940 |
|  | 610,556 |  | 319,813 |
Creditors: Amounts Falling Due Within One Year | 7 | (481,541 ) |  | (271,622 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 129,015 |  | 48,191
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 181,722 |  | 48,191
NET ASSETS |  |  | 181,722 |  | 48,191
CAPITAL AND RESERVES
Called up share capital | 8 |  | 100 |  | 100
Income Statement |  |  | 181,622 |  | 48,091
SHAREHOLDERS' FUNDS |  |  | 181,722 |  | 48,191

Page 1
Page 2
Exact Finishes Limited
Statement of Financial Position (continued)
As At 28 February 2026
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 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 Income Statement.
On behalf of the board

Mr K Simkins Director
8 July 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Exact Finishes Limited
Notes to the Financial Statements
For The Year Ended 28 February 2026
Notes to the Financial Statements
1. General Information
Exact Finishes Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14873626 . The registered office is Suite A, 1st Floor, Unit 1 Eurogate Business Park, Ashford, Kent, TN24 8XW.
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.
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 & Equipment | 20% reducing balance basis

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.
2.5. 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
Exact Finishes Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2026
2.6. Government Grant
Government grants are recognised in the income statement in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income statement. Grants towards general activities of the entity over a specific period are recognised in the income statement over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income statement over the useful life of the asset concerned.
All grants in the income statement are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2025: 6)
8 6
4. Tangible Assets

| Plant & Equipment
--- | ---
| £
Cost
As at 1 March 2025 | -
Additions | 55,835
As at 28 February 2026 | 55,835
Depreciation
As at 1 March 2025 | -
Provided during the period | 3,128
As at 28 February 2026 | 3,128
Net Book Value
As at 28 February 2026 | 52,707
As at 1 March 2025 | -

5. Stocks

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Stock | 28,915 |  | 20,958

6. Debtors

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 253,267 |  | 109,182
Other debtors | 221,596 |  | 184,733
| 474,863 |  | 293,915

Page 4
Page 5
Exact Finishes Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2026
7. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Trade creditors | 180,896 |  | 32,543
Amounts owed to participating interests | 189,557 |  | 172,851
Other creditors | 68,600 |  | 50,198
Taxation and social security | 42,488 |  | 16,030
| 481,541 |  | 271,622

8. Share Capital

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

9. Related Party Transactions
During the period the company borrowed funds from Exact Windows Limited. At the Balance Sheet date the company owed £189,557 (2025 - £172,851).
Mr K Simkins is a director and shareholder of the above named companies.
Page 5