Acorah Software Products - Accounts Production 19.2.350 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 10444656 Mrs Kellie Bicknell Mr Mark Bicknell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10444656 2024-10-31 10444656 2025-10-31 10444656 2024-11-01 2025-10-31 10444656 frs-core:CurrentFinancialInstruments 2025-10-31 10444656 frs-core:Non-currentFinancialInstruments 2025-10-31 10444656 frs-core:BetweenOneFiveYears 2025-10-31 10444656 frs-core:ComputerEquipment 2025-10-31 10444656 frs-core:ComputerEquipment 2024-11-01 2025-10-31 10444656 frs-core:ComputerEquipment 2024-10-31 10444656 frs-core:FurnitureFittings 2025-10-31 10444656 frs-core:FurnitureFittings 2024-11-01 2025-10-31 10444656 frs-core:FurnitureFittings 2024-10-31 10444656 frs-core:MotorVehicles 2025-10-31 10444656 frs-core:MotorVehicles 2024-11-01 2025-10-31 10444656 frs-core:MotorVehicles 2024-10-31 10444656 frs-core:PlantMachinery 2025-10-31 10444656 frs-core:PlantMachinery 2024-11-01 2025-10-31 10444656 frs-core:PlantMachinery 2024-10-31 10444656 frs-core:WithinOneYear 2025-10-31 10444656 frs-core:ShareCapital 2025-10-31 10444656 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 10444656 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 10444656 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 10444656 frs-bus:SmallEntities 2024-11-01 2025-10-31 10444656 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 10444656 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 10444656 frs-bus:Director1 2024-11-01 2025-10-31 10444656 frs-bus:Director2 2024-11-01 2025-10-31 10444656 frs-countries:EnglandWales 2024-11-01 2025-10-31 10444656 2023-10-31 10444656 2024-10-31 10444656 2023-11-01 2024-10-31 10444656 frs-core:CurrentFinancialInstruments 2024-10-31 10444656 frs-core:Non-currentFinancialInstruments 2024-10-31 10444656 frs-core:BetweenOneFiveYears 2024-10-31 10444656 frs-core:WithinOneYear 2024-10-31 10444656 frs-core:ShareCapital 2024-10-31 10444656 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: 10444656
Servowarm Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
AJS Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10444656
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 146,692 178,468
146,692 178,468
CURRENT ASSETS
Stocks 5 4,293 4,587
Debtors 6 196,599 221,310
Cash at bank and in hand 132,053 68,299
332,945 294,196
Creditors: Amounts Falling Due Within One Year 7 (144,618 ) (107,036 )
NET CURRENT ASSETS (LIABILITIES) 188,327 187,160
TOTAL ASSETS LESS CURRENT LIABILITIES 335,019 365,628
Creditors: Amounts Falling Due After More Than One Year 8 (134,804 ) (164,440 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (26,134 ) (32,100 )
NET ASSETS 174,081 169,088
CAPITAL AND RESERVES
Called up share capital 10 104 104
Profit and Loss Account 173,977 168,984
SHAREHOLDERS' FUNDS 174,081 169,088
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Page 2
For the year ending 31 October 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
Mrs Kellie Bicknell
Director
Mr Mark Bicknell
Director
16 June 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
Servowarm Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10444656 . The registered office is 4a Church Street, Market Harborough, Leicestershire, LE16 7AA.
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. 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 33% straight line
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 33% straight line
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 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: 8)
12 8
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 November 2024 7,926 299,439 21,198 5,478 334,041
Additions - 16,306 913 197 17,416
As at 31 October 2025 7,926 315,745 22,111 5,675 351,457
Depreciation
As at 1 November 2024 7,926 127,183 15,744 4,720 155,573
Provided during the period - 47,141 1,594 457 49,192
As at 31 October 2025 7,926 174,324 17,338 5,177 204,765
Net Book Value
As at 31 October 2025 - 141,421 4,773 498 146,692
As at 1 November 2024 - 172,256 5,454 758 178,468
5. Stocks
2025 2024
£ £
Stock 4,293 4,587
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 94,856 107,114
Prepayments and accrued income 1,743 1,672
Other debtors 100,000 100,000
Corporation tax recoverable assets - 12,524
196,599 221,310
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 39,083 37,758
Trade creditors 19,873 30,755
Bank loans and overdrafts 5,000 5,000
Corporation tax 30,687 -
Other taxes and social security 7,075 4,259
VAT 39,819 25,775
Other creditors 600 554
Accruals and deferred income 2,476 2,934
Directors' loan accounts 5 1
144,618 107,036
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 112,274 136,479
Bank loans 22,530 27,961
134,804 164,440
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 39,083 37,758
Later than one year and not later than five years 112,274 136,479
151,357 174,237
151,357 174,237
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 104 104
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