Acorah Software Products - Accounts Production 19.3.550 false true true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 01994246 Mr Ian Wells Mr Peter Wells Mrs Anne Wells Miss Caroline Robinson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01994246 2024-12-31 01994246 2025-12-31 01994246 2025-01-01 2025-12-31 01994246 frs-core:CurrentFinancialInstruments 2025-12-31 01994246 frs-core:Non-currentFinancialInstruments 2025-12-31 01994246 frs-core:ComputerEquipment 2025-12-31 01994246 frs-core:ComputerEquipment 2025-01-01 2025-12-31 01994246 frs-core:ComputerEquipment 2024-12-31 01994246 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-12-31 01994246 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-01-01 2025-12-31 01994246 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 01994246 frs-core:MotorVehicles 2025-12-31 01994246 frs-core:MotorVehicles 2025-01-01 2025-12-31 01994246 frs-core:MotorVehicles 2024-12-31 01994246 frs-core:PlantMachinery 2025-12-31 01994246 frs-core:PlantMachinery 2025-01-01 2025-12-31 01994246 frs-core:PlantMachinery 2024-12-31 01994246 frs-core:WithinOneYear 2025-12-31 01994246 frs-core:RevaluationReserve 2024-12-31 01994246 frs-core:RevaluationReserve 2025-12-31 01994246 frs-core:ShareCapital 2025-12-31 01994246 frs-core:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 01994246 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-12-31 01994246 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 01994246 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 01994246 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 01994246 frs-bus:SmallEntities 2025-01-01 2025-12-31 01994246 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 01994246 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 01994246 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-12-31 01994246 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-12-31 01994246 frs-bus:Director1 2025-01-01 2025-12-31 01994246 frs-bus:Director2 2025-01-01 2025-12-31 01994246 frs-bus:Director3 2025-01-01 2025-12-31 01994246 frs-bus:Director4 2025-01-01 2025-12-31 01994246 frs-countries:EnglandWales 2025-01-01 2025-12-31 01994246 2023-12-31 01994246 2024-12-31 01994246 2024-01-01 2024-12-31 01994246 frs-core:CurrentFinancialInstruments 2024-12-31 01994246 frs-core:Non-currentFinancialInstruments 2024-12-31 01994246 frs-core:BetweenOneFiveYears 2024-12-31 01994246 frs-core:WithinOneYear 2024-12-31 01994246 frs-core:RevaluationReserve 2024-12-31 01994246 frs-core:ShareCapital 2024-12-31 01994246 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 01994246 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-12-31
Registered number: 01994246
Polyvine Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 01994246
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 197,901 196,249
197,901 196,249
CURRENT ASSETS
Stocks 5 446,183 360,751
Debtors 6 215,143 258,904
Investments at revalued amount 7 321,286 291,593
Cash at bank and in hand 249,131 438,569
1,231,743 1,349,817
Creditors: Amounts Falling Due Within One Year 8 (162,355 ) (231,232 )
NET CURRENT ASSETS (LIABILITIES) 1,069,388 1,118,585
TOTAL ASSETS LESS CURRENT LIABILITIES 1,267,289 1,314,834
Creditors: Amounts Falling Due After More Than One Year 9 - (17,614 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (23,088 ) (25,598 )
NET ASSETS 1,244,201 1,271,622
CAPITAL AND RESERVES
Called up share capital 600 600
Revaluation reserve for revalued assets 11 5,000 5,000
Fair Value Reserve for Investments 11 71,286 41,593
Profit and Loss Account 1,167,315 1,224,429
SHAREHOLDERS' FUNDS 1,244,201 1,271,622
Page 1
Page 2
For the year ending 31 December 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.
On behalf of the board
Mr Ian Wells
Director
23 July 2026
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Polyvine Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01994246 . The registered office is Vine House Cheddar Business Park, Wedmore Road, Cheddar, Somerset, BS27 3EB.
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 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.
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 is reduced for estimated customer rebates and other similar allowances.
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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:
Leasehold 5% straight line
Plant & Machinery Variable
Motor Vehicles Variable
Computer Equipment 25% reducing balance
Plant & Machinery depreciation varies from 25% reducing balance to 10% straight line on specific assets.
Vehicle depreciation is variable at either 25% reducing balance or over the equivalent period as the lease to which it relates.
There was an historic revaluation of assets which were considered to have been overdepreciated. This is now being reflected each year through the Revaluation Reserve account.
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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. 
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.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.8. 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.
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Page 5
2.9. 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.
2.10. Investments
Investments are revalued annually. Any temporary change in valuation is taken to a Fair Value reserve. 
The final change in value, on sale of the investment, will be reflected between the Fair Value reserve and the Profit and Loss account when the investment gain is crystallised.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 25 (2024: 20)
25 20
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost or Valuation
As at 1 January 2025 90,540 512,903 43,650 137,463 784,556
Additions - 29,267 - - 29,267
Disposals - (15,276 ) - - (15,276 )
As at 31 December 2025 90,540 526,894 43,650 137,463 798,547
Depreciation
As at 1 January 2025 26,961 400,404 27,228 133,714 588,307
Provided during the period 4,527 23,063 (912 ) 937 27,615
Disposals - (15,276 ) - - (15,276 )
As at 31 December 2025 31,488 408,191 26,316 134,651 600,646
Net Book Value
As at 31 December 2025 59,052 118,703 17,334 2,812 197,901
As at 1 January 2025 63,579 112,499 16,422 3,749 196,249
5. Stocks
2025 2024
£ £
Materials 235,077 169,263
Finished goods 144,107 166,622
Marketing & Protective clothing 66,999 24,866
446,183 360,751
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 156,793 211,087
Other debtors 58,350 47,817
215,143 258,904
7. Current Asset Investments
2025 2024
£ £
Listed investments 321,286 291,593
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 17,327 10,592
Trade creditors 106,791 100,248
Other creditors 13,774 43,403
Taxation and social security 24,463 76,989
162,355 231,232
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 17,614
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 17,327 10,592
Later than one year and not later than five years - 17,614
17,327 28,206
17,327 28,206
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11. Reserves
Revaluation reserve for revalued assets Fair Value Reserve for Investments Profit and Loss Account
£ £ £
As at 1 January 2025 5,000 41,593 1,224,429
Loss for the year and total comprehensive income - - (57,114 )
Movements in Fair Value reserve - 29,693 -
As at 31 December 2025 5,000 71,286 1,167,315
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