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 02699717 Mr David Tyas Mr Eric Tyas Mr David Tyas iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02699717 2025-03-31 02699717 2026-03-31 02699717 2025-04-01 2026-03-31 02699717 frs-core:CurrentFinancialInstruments 2026-03-31 02699717 frs-core:Non-currentFinancialInstruments 2026-03-31 02699717 frs-core:BetweenOneFiveYears 2026-03-31 02699717 frs-core:ComputerEquipment 2026-03-31 02699717 frs-core:ComputerEquipment 2025-04-01 2026-03-31 02699717 frs-core:ComputerEquipment 2025-03-31 02699717 frs-core:FurnitureFittings 2026-03-31 02699717 frs-core:FurnitureFittings 2025-04-01 2026-03-31 02699717 frs-core:FurnitureFittings 2025-03-31 02699717 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2026-03-31 02699717 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-04-01 2026-03-31 02699717 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 02699717 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2026-03-31 02699717 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 02699717 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 02699717 frs-core:MotorVehicles 2025-04-01 2026-03-31 02699717 frs-core:PlantMachinery 2026-03-31 02699717 frs-core:PlantMachinery 2025-04-01 2026-03-31 02699717 frs-core:PlantMachinery 2025-03-31 02699717 frs-core:WithinOneYear 2026-03-31 02699717 frs-core:ShareCapital 2026-03-31 02699717 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 02699717 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 02699717 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 02699717 frs-bus:SmallEntities 2025-04-01 2026-03-31 02699717 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 02699717 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 02699717 frs-bus:Director1 2025-04-01 2026-03-31 02699717 frs-bus:Director2 2025-04-01 2026-03-31 02699717 frs-bus:CompanySecretary1 2025-04-01 2026-03-31 02699717 frs-countries:EnglandWales 2025-04-01 2026-03-31 02699717 2024-03-31 02699717 2025-03-31 02699717 2024-04-01 2025-03-31 02699717 frs-core:CurrentFinancialInstruments 2025-03-31 02699717 frs-core:Non-currentFinancialInstruments 2025-03-31 02699717 frs-core:BetweenOneFiveYears 2025-03-31 02699717 frs-core:WithinOneYear 2025-03-31 02699717 frs-core:ShareCapital 2025-03-31 02699717 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 02699717
Permalok Fastening Systems Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Lewis's
Windsor House
44 High Road, Balby
Doncaster
South Yorkshire
DN4 0PL
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 02699717
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 73,116 78,525
Investment Properties 5 205,861 205,861
278,977 284,386
CURRENT ASSETS
Stocks 6 159,169 204,781
Debtors 7 160,058 77,010
Cash at bank and in hand 100,241 152,222
419,468 434,013
Creditors: Amounts Falling Due Within One Year 8 (145,792 ) (151,549 )
NET CURRENT ASSETS (LIABILITIES) 273,676 282,464
TOTAL ASSETS LESS CURRENT LIABILITIES 552,653 566,850
Creditors: Amounts Falling Due After More Than One Year 9 (18,832 ) (38,715 )
NET ASSETS 533,821 528,135
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account 533,721 528,035
SHAREHOLDERS' FUNDS 533,821 528,135
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
Mr David Tyas
Director
21/07/2026
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
Permalok Fastening Systems Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02699717 . The registered office is Unit 1A, Plumtree Industrial Estate, Harworth, Doncaster, South Yorkshire, DN11 8EW.
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. 
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:
Motor Vehicle Lease 25% On Reducing Balance
Leasehold 15% On Reducing Balance
Plant & Machinery 15% On Reducing Balance
Motor Vehicles 25% On Reducing Balance
Fixtures & Fittings 33% On Reducing Balance
Computer Equipment 33% On Reducing Balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
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. 
Page 3
Page 4
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.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2025: 5)
4 5
4. Tangible Assets
Land & Property
Motor Vehicle Lease Leasehold Plant & Machinery Fixtures & Fittings
£ £ £ £
Cost
As at 1 April 2025 105,085 7,445 76,172 5,176
Additions 28,664 - - -
Disposals (26,385 ) - - -
As at 31 March 2026 107,364 7,445 76,172 5,176
Depreciation
As at 1 April 2025 50,586 7,445 54,102 5,164
Provided during the period 13,476 - 3,310 4
Disposals (9,070 ) - - -
As at 31 March 2026 54,992 7,445 57,412 5,168
Net Book Value
As at 31 March 2026 52,372 - 18,760 8
As at 1 April 2025 54,499 - 22,070 12
Page 4
Page 5
Computer Equipment Total
£ £
Cost
As at 1 April 2025 10,621 204,499
Additions 835 29,499
Disposals - (26,385 )
As at 31 March 2026 11,456 207,613
Depreciation
As at 1 April 2025 8,677 125,974
Provided during the period 803 17,593
Disposals - (9,070 )
As at 31 March 2026 9,480 134,497
Net Book Value
As at 31 March 2026 1,976 73,116
As at 1 April 2025 1,944 78,525
5. Investment Property
2026
£
Fair Value
As at 1 April 2025 and 31 March 2026 205,861
6. Stocks
2026 2025
£ £
Stock 159,169 204,781
7. Debtors
2026 2025
£ £
Due within one year
Trade debtors 150,058 73,510
Other debtors 10,000 3,500
160,058 77,010
Page 5
Page 6
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 14,440 11,714
Trade creditors 62,258 66,750
Bank loans and overdrafts 1,769 10,424
Other creditors 29,895 37,259
Taxation and social security 37,430 25,402
145,792 151,549
9. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 18,832 20,805
Bank loans - 2,224
Other creditors - 15,686
18,832 38,715
10. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 14,440 11,714
Later than one year and not later than five years 18,832 20,805
33,272 32,519
33,272 32,519
11. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
12. Dividends
2026 2025
£ £
On equity shares:
Interim dividend paid 53,404 50,305
Page 6