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 04510681 Mr Robert Turner Mr Federico Ferrari iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04510681 2024-12-31 04510681 2025-12-31 04510681 2025-01-01 2025-12-31 04510681 frs-core:CurrentFinancialInstruments 2025-12-31 04510681 frs-core:Non-currentFinancialInstruments 2025-12-31 04510681 frs-core:BetweenOneFiveYears 2025-12-31 04510681 frs-core:FurnitureFittings 2025-12-31 04510681 frs-core:FurnitureFittings 2025-01-01 2025-12-31 04510681 frs-core:FurnitureFittings 2024-12-31 04510681 frs-core:NetGoodwill 2025-12-31 04510681 frs-core:NetGoodwill 2025-01-01 2025-12-31 04510681 frs-core:NetGoodwill 2024-12-31 04510681 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-12-31 04510681 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 04510681 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 04510681 frs-core:MotorVehicles 2025-12-31 04510681 frs-core:MotorVehicles 2025-01-01 2025-12-31 04510681 frs-core:MotorVehicles 2024-12-31 04510681 frs-core:PlantMachinery 2025-12-31 04510681 frs-core:PlantMachinery 2025-01-01 2025-12-31 04510681 frs-core:PlantMachinery 2024-12-31 04510681 frs-core:WithinOneYear 2025-12-31 04510681 frs-core:CapitalRedemptionReserve 2025-12-31 04510681 frs-core:ShareCapital 2025-12-31 04510681 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 04510681 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 04510681 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 04510681 frs-bus:SmallEntities 2025-01-01 2025-12-31 04510681 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 04510681 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 04510681 frs-core:UnlistedNon-exchangeTraded 2025-12-31 04510681 frs-core:UnlistedNon-exchangeTraded 2024-12-31 04510681 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 04510681 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-12-31 04510681 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 04510681 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-12-31 04510681 frs-bus:Director1 2025-01-01 2025-12-31 04510681 frs-bus:Director1 2024-12-31 04510681 frs-bus:Director1 2025-12-31 04510681 frs-bus:Director2 2025-01-01 2025-12-31 04510681 frs-countries:EnglandWales 2025-01-01 2025-12-31 04510681 2023-12-31 04510681 2024-12-31 04510681 2024-01-01 2024-12-31 04510681 frs-core:CurrentFinancialInstruments 2024-12-31 04510681 frs-core:Non-currentFinancialInstruments 2024-12-31 04510681 frs-core:BetweenOneFiveYears 2024-12-31 04510681 frs-core:MoreThanFiveYears 2024-12-31 04510681 frs-core:WithinOneYear 2024-12-31 04510681 frs-core:CapitalRedemptionReserve 2024-12-31 04510681 frs-core:ShareCapital 2024-12-31 04510681 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 04510681
Vhs Hydraulic Components Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Quant Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 04510681
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 912,149 951,384
Investments 6 662,357 662,357
1,574,506 1,613,741
CURRENT ASSETS
Stocks 7 1,334,989 1,303,355
Debtors 8 1,223,972 884,270
Cash at bank and in hand 373,193 176,427
2,932,154 2,364,052
Creditors: Amounts Falling Due Within One Year 9 (1,482,240 ) (1,248,081 )
NET CURRENT ASSETS (LIABILITIES) 1,449,914 1,115,971
TOTAL ASSETS LESS CURRENT LIABILITIES 3,024,420 2,729,712
Creditors: Amounts Falling Due After More Than One Year 10 (309,998 ) (428,618 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (35,016 ) (34,909 )
NET ASSETS 2,679,406 2,266,185
CAPITAL AND RESERVES
Called up share capital 12 142 142
Capital redemption reserve 88 88
Profit and Loss Account 2,679,176 2,265,955
SHAREHOLDERS' FUNDS 2,679,406 2,266,185
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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 Robert Turner
Director
28/07/2026
The notes on pages 3 to 7 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Vhs Hydraulic Components Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04510681 . The registered office is Unit 2 Carley Drive, Westfield, Sheffield, South Yorkshire, S20 8NQ.
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.
The financial statements are presented in sterling which is the functional currency of the coompany, rounded to the nearest £1. 
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 - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. Goodwill is fully amortised.
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:
Freehold 4% on cost
Plant & Machinery 20% on cost
Motor Vehicles 25% on cost
Fixtures & Fittings 10% on cost
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.
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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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2024: 12)
12 12
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2025 38,911
As at 31 December 2025 38,911
Amortisation
As at 1 January 2025 38,911
As at 31 December 2025 38,911
Net Book Value
As at 31 December 2025 -
As at 1 January 2025 -
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5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 January 2025 1,194,553 43,711 135,689 158,955 1,532,908
Additions - 2,064 - 63,755 65,819
As at 31 December 2025 1,194,553 45,775 135,689 222,710 1,598,727
Depreciation
As at 1 January 2025 383,231 39,292 31,831 127,170 581,524
Provided during the period 47,754 2,200 33,535 21,565 105,054
As at 31 December 2025 430,985 41,492 65,366 148,735 686,578
Net Book Value
As at 31 December 2025 763,568 4,283 70,323 73,975 912,149
As at 1 January 2025 811,322 4,419 103,858 31,785 951,384
6. Investments
Unlisted
£
Cost or Valuation
As at 1 January 2025 662,357
As at 31 December 2025 662,357
Provision
As at 1 January 2025 -
As at 31 December 2025 -
Net Book Value
As at 31 December 2025 662,357
As at 1 January 2025 662,357
7. Stocks
2025 2024
£ £
Stock 1,334,989 1,303,355
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8. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,036,868 702,071
Other debtors 171,214 167,157
1,208,082 869,228
Due after more than one year
Other debtors 15,890 15,042
1,223,972 884,270
9. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 11,873 14,213
Trade creditors 909,537 435,104
Bank loans and overdrafts 54,544 115,389
Amounts owed to group undertakings 100,000 106,347
Amounts owed to participating interests - 284,010
Other creditors 51,978 48,817
Taxation and social security 354,308 244,201
1,482,240 1,248,081
10. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 65,453 74,985
Bank loans 244,545 353,633
309,998 428,618
11. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 11,873 14,213
Later than one year and not later than five years 65,453 38,160
Later than five years - 36,825
77,326 89,198
77,326 89,198
12. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 142 142
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13. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2025 Amounts advanced Amounts repaid Amounts written off As at 31 December 2025
£ £ £ £ £
Mr Robert Turner 58,691 36,024 - - 94,715
The above loan is unsecured, interest free and repayable on demand.
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