Acorah Software Products - Accounts Production 19.3.550 false true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 13244885 Mr Matthew Bonner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13244885 2025-03-31 13244885 2026-03-31 13244885 2025-04-01 2026-03-31 13244885 frs-core:CurrentFinancialInstruments 2026-03-31 13244885 frs-core:ComputerEquipment 2026-03-31 13244885 frs-core:ComputerEquipment 2025-04-01 2026-03-31 13244885 frs-core:ComputerEquipment 2025-03-31 13244885 frs-core:MotorVehicles 2026-03-31 13244885 frs-core:MotorVehicles 2025-04-01 2026-03-31 13244885 frs-core:MotorVehicles 2025-03-31 13244885 frs-core:PlantMachinery 2026-03-31 13244885 frs-core:PlantMachinery 2025-04-01 2026-03-31 13244885 frs-core:PlantMachinery 2025-03-31 13244885 frs-core:WithinOneYear 2026-03-31 13244885 frs-core:ShareCapital 2026-03-31 13244885 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 13244885 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 13244885 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 13244885 frs-bus:SmallEntities 2025-04-01 2026-03-31 13244885 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 13244885 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 13244885 frs-bus:Director1 2025-04-01 2026-03-31 13244885 frs-countries:EnglandWales 2025-04-01 2026-03-31 13244885 2024-03-31 13244885 2025-03-31 13244885 2024-04-01 2025-03-31 13244885 frs-core:CurrentFinancialInstruments 2025-03-31 13244885 frs-core:WithinOneYear 2025-03-31 13244885 frs-core:ShareCapital 2025-03-31 13244885 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 13244885
Pinewood Construction Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13244885
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 76,207 60,713
76,207 60,713
CURRENT ASSETS
Work in progress 5 - 4,215
Debtors 6 - 13,122
Cash at bank and in hand 194,322 96,183
194,322 113,520
Creditors: Amounts Falling Due Within One Year 7 (36,880 ) (18,691 )
NET CURRENT ASSETS (LIABILITIES) 157,442 94,829
TOTAL ASSETS LESS CURRENT LIABILITIES 233,649 155,542
PROVISIONS FOR LIABILITIES
Deferred Taxation (18,434 ) (15,178 )
NET ASSETS 215,215 140,364
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 215,213 140,362
SHAREHOLDERS' FUNDS 215,215 140,364
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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 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
Mr Matthew Bonner
Director
22/07/2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Pinewood Construction Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13244885 . The registered office is 33 Pinewood Avenue, Sevenoaks, Kent, TN14 5AE.
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 & Machinery 15% WDV
Motor Vehicles 15% WDV
Computer Equipment 15% WDV
2.4. 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.
2.5. 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.
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2.6. 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 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 year 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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2025 3,403 76,545 1,648 81,596
Additions - 39,395 666 40,061
Disposals - (21,300 ) - (21,300 )
As at 31 March 2026 3,403 94,640 2,314 100,357
Depreciation
As at 1 April 2025 1,628 18,468 787 20,883
Provided during the period 266 12,953 229 13,448
Disposals - (10,181 ) - (10,181 )
As at 31 March 2026 1,894 21,240 1,016 24,150
Net Book Value
As at 31 March 2026 1,509 73,400 1,298 76,207
As at 1 April 2025 1,775 58,077 861 60,713
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5. Work in progress
2026 2025
£ £
Work in progress - 4,215
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors - 3,598
VAT - 9,524
- 13,122
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 200 -
Trade creditors 53 3,510
Corporation tax 28,220 13,651
Other taxes and social security 379 734
VAT 4,454 -
Other creditors 3,524 160
Director's loan account 50 636
36,880 18,691
8. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 200 -
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 2 2
10. Related Party Transactions
Included in Other Creditors is an amount of £636 (2024 - £220) owed to the director, Mr M Bonner. This loan is interest free and no repayment terms have been agreed.
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