Acorah Software Products - Accounts Production 19.3.550 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 6812615 Mr Clive Mason Mr Michael Davies Mrs Tracey Chidlow Mr Duncan Weir iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 6812615 2024-12-31 6812615 2025-12-31 6812615 2025-01-01 2025-12-31 6812615 frs-core:CurrentFinancialInstruments 2025-12-31 6812615 frs-core:Non-currentFinancialInstruments 2025-12-31 6812615 frs-core:ComputerEquipment 2025-12-31 6812615 frs-core:ComputerEquipment 2025-01-01 2025-12-31 6812615 frs-core:ComputerEquipment 2024-12-31 6812615 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2025-12-31 6812615 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2025-01-01 2025-12-31 6812615 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-12-31 6812615 frs-core:FurnitureFittings 2025-12-31 6812615 frs-core:FurnitureFittings 2025-01-01 2025-12-31 6812615 frs-core:FurnitureFittings 2024-12-31 6812615 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-12-31 6812615 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 6812615 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 6812615 frs-core:MotorVehicles 2025-12-31 6812615 frs-core:MotorVehicles 2025-01-01 2025-12-31 6812615 frs-core:MotorVehicles 2024-12-31 6812615 frs-core:PlantMachinery 2025-01-01 2025-12-31 6812615 frs-core:RevaluationReserve 2025-01-01 2025-12-31 6812615 frs-core:RevaluationReserve 2024-12-31 6812615 frs-core:RevaluationReserve 2025-12-31 6812615 frs-core:ShareCapital 2025-12-31 6812615 frs-core:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 6812615 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-12-31 6812615 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 6812615 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 6812615 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 6812615 frs-bus:SmallEntities 2025-01-01 2025-12-31 6812615 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 6812615 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 6812615 frs-core:UnlistedNon-exchangeTraded 2025-12-31 6812615 frs-core:UnlistedNon-exchangeTraded 2024-12-31 6812615 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 6812615 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2025-12-31 6812615 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-12-31 6812615 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 6812615 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-12-31 6812615 frs-bus:Director1 2025-01-01 2025-12-31 6812615 frs-bus:Director2 2025-01-01 2025-12-31 6812615 frs-bus:Director3 2025-01-01 2025-12-31 6812615 frs-bus:Director4 2025-01-01 2025-12-31 6812615 frs-countries:EnglandWales 2025-01-01 2025-12-31 6812615 2023-12-31 6812615 2024-12-31 6812615 2024-01-01 2024-12-31 6812615 frs-core:CurrentFinancialInstruments 2024-12-31 6812615 frs-core:Non-currentFinancialInstruments 2024-12-31 6812615 frs-core:RevaluationReserve 2024-12-31 6812615 frs-core:ShareCapital 2024-12-31 6812615 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 6812615
Webeye Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Ravenwood Business Solutions Limited
Sherbrook Enterprise
100 Sherbrook Road
Nottingham
NG5 6AB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 6812615
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 812,372 754,675
Tangible Assets 5 648,640 626,170
Investments 6 192,084 166,166
1,653,096 1,547,011
CURRENT ASSETS
Stocks 7 558,322 656,892
Debtors 8 412,573 484,905
Cash at bank and in hand 80,621 61,357
1,051,516 1,203,154
Creditors: Amounts Falling Due Within One Year 9 (439,556 ) (626,911 )
NET CURRENT ASSETS (LIABILITIES) 611,960 576,243
TOTAL ASSETS LESS CURRENT LIABILITIES 2,265,056 2,123,254
Creditors: Amounts Falling Due After More Than One Year 10 (285,493 ) (394,884 )
NET ASSETS 1,979,563 1,728,370
CAPITAL AND RESERVES
Called up share capital 11 400 400
Revaluation reserve 13 719,024 680,124
Profit and Loss Account 1,260,139 1,047,846
SHAREHOLDERS' FUNDS 1,979,563 1,728,370
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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 Duncan Weir
Director
21 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
Webeye Limited Registered number 6812615 is a limited by shares company incorporated in England & Wales. The Registered Office is Innovation House, Kestral Road, Mansfield, Nottinghamshire, NG18 5FT.
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.
Sale of goods
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.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Intellectual Property
The Intellectual property asset relates to the Webeye alarm notification system. 
The directors continue to estimate that the future value of profits generated by the Webeye platform over the next ten years will amount to more than the carrying value of the asset and do not deem that any impairment is required.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost or revaluation less depreciation. 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:
Freehold Currenltly held at market value
Plant & Machinery 15% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance
Computer Equipment 33% reducing balance
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 year 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 asset reflects 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 25 (2024: 27)
25 27
4. Intangible Assets
Intellectual Property
£
Cost
As at 1 January 2025 754,675
Additions 57,697
As at 31 December 2025 812,372
Net Book Value
As at 31 December 2025 812,372
As at 1 January 2025 754,675
In July 2018 the proprietory Webeye alarm notification platform was valued by Lombard Technolgy Services. This third party investigation into the reasonable value of the platform gave an active market valuation of £422,142. Estimated profits from the Webeye platform over the next ten years are still excpected to exceed £10 million. Growth in platform performance over the period to 31 December 2025 continues to indicate that the current fair active market value of the platform is well in excess of £850,000.
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5. Tangible Assets
Land & Property
Freehold Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost or Valuation
As at 1 January 2025 549,100 8,800 62,860 209,698 830,458
Additions - - - 5,281 5,281
Disposals - - (33,027 ) (162,879 ) (195,906 )
Revaluation 38,900 - - - 38,900
As at 31 December 2025 588,000 8,800 29,833 52,100 678,733
Depreciation
As at 1 January 2025 - 7,626 33,027 163,635 204,288
Provided during the period - 293 4,475 16,943 21,711
Disposals - - (33,027 ) (162,879 ) (195,906 )
As at 31 December 2025 - 7,919 4,475 17,699 30,093
Net Book Value
As at 31 December 2025 588,000 881 25,358 34,401 648,640
As at 1 January 2025 549,100 1,174 29,833 46,063 626,170
6. Investments
Unlisted
£
Cost or Valuation
As at 1 January 2025 166,166
Additions 25,918
As at 31 December 2025 192,084
Provision
As at 1 January 2025 -
As at 31 December 2025 -
Net Book Value
As at 31 December 2025 192,084
As at 1 January 2025 166,166
The unlisted investment relates to shares held in Webeye CMS Corporation, a wholly owned subsidiary of the company based in the United States of America. As at 31 December 2025 the directors have reviewed the trading performance of the US company and feel confident that the cost of the investment remains an accurate indication of its current value. No provision for the impairment of the investment is deemed necessary as at this reporting date. 
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7. Stocks
2025 2024
£ £
Materials 558,322 656,892
8. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 68,211 87,950
Other debtors 7,489 -
Factored debts outstanding 323,373 362,472
Corporation tax recoverable assets 13,500 34,483
412,573 484,905
9. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 102,640 306,345
Bank loans and overdrafts 213,203 215,446
Other taxes and social security 22,799 20,157
VAT 96,970 70,609
Accruals and deferred income 3,944 14,354
439,556 626,911
10. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 285,493 394,884
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 400 400
12. Dividends
2025 2024
£ £
On equity shares:
Interim dividend paid 211,393 249,045
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13. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 January 2025 680,124 1,047,846
Profit for year - 423,686
Surplus on revaluation 38,900 -
Other comprehensive income for the year 38,900 -
Total comprehensive income for the year 38,900 423,686
Dividends paid - (211,393)
As at 31 December 2025 719,024 1,260,139
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