Acorah Software Products - Accounts Production 19.3.550 false true 28 February 2025 1 March 2024 false 1 March 2025 28 February 2026 28 February 2026 02690894 Mrs Maria Pamphlett Mr Robert Baldock iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02690894 2025-02-28 02690894 2026-02-28 02690894 2025-03-01 2026-02-28 02690894 frs-core:CurrentFinancialInstruments 2026-02-28 02690894 frs-core:Non-currentFinancialInstruments 2026-02-28 02690894 frs-core:ComputerEquipment 2026-02-28 02690894 frs-core:ComputerEquipment 2025-03-01 2026-02-28 02690894 frs-core:ComputerEquipment 2025-02-28 02690894 frs-core:FurnitureFittings 2026-02-28 02690894 frs-core:FurnitureFittings 2025-03-01 2026-02-28 02690894 frs-core:FurnitureFittings 2025-02-28 02690894 frs-core:NetGoodwill 2026-02-28 02690894 frs-core:NetGoodwill 2025-03-01 2026-02-28 02690894 frs-core:NetGoodwill 2025-02-28 02690894 frs-core:PlantMachinery 2026-02-28 02690894 frs-core:PlantMachinery 2025-03-01 2026-02-28 02690894 frs-core:PlantMachinery 2025-02-28 02690894 frs-core:ShareCapital 2026-02-28 02690894 frs-core:RetainedEarningsAccumulatedLosses 2026-02-28 02690894 frs-bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 02690894 frs-bus:FilletedAccounts 2025-03-01 2026-02-28 02690894 frs-bus:SmallEntities 2025-03-01 2026-02-28 02690894 frs-bus:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 02690894 frs-bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 02690894 frs-bus:Director1 2025-03-01 2026-02-28 02690894 frs-bus:Director2 2025-03-01 2026-02-28 02690894 frs-countries:EnglandWales 2025-03-01 2026-02-28 02690894 2024-02-29 02690894 2025-02-28 02690894 2024-03-01 2025-02-28 02690894 frs-core:CurrentFinancialInstruments 2025-02-28 02690894 frs-core:Non-currentFinancialInstruments 2025-02-28 02690894 frs-core:ShareCapital 2025-02-28 02690894 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28
Registered number: 02690894
Bexley Steel Limited
Unaudited Financial Statements
For The Year Ended 28 February 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 02690894
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 29,898 7,877
29,898 7,877
CURRENT ASSETS
Stocks 6 37,350 37,850
Debtors 7 38,518 20,855
Cash at bank and in hand 36,460 34,860
112,328 93,565
Creditors: Amounts Falling Due Within One Year 8 (92,056 ) (91,762 )
NET CURRENT ASSETS (LIABILITIES) 20,272 1,803
TOTAL ASSETS LESS CURRENT LIABILITIES 50,170 9,680
Creditors: Amounts Falling Due After More Than One Year 9 - (6,460 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (7,474 ) (1,953 )
NET ASSETS 42,696 1,267
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 42,596 1,167
SHAREHOLDERS' FUNDS 42,696 1,267
Page 1
Page 2
For the year ending 28 February 2026 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 Baldock
Director
11/06/2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Bexley Steel Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02690894 . The registered office is The Old Barn, Off Wood Street, Swanley Village, Kent, BR8 7PA.
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. 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. It is amortised to the profit and loss account over its estimated economic life of 10 years.
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:
Plant & Machinery 15% WDV
Fixtures & Fittings 15% WDV
Computer Equipment 15% WDV
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.
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
...CONTINUED
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Page 4
2.6. Taxation - continued
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: 6 (2025: 7)
6 7
4. Intangible Assets
Goodwill
£
Cost
As at 1 March 2025 80,000
As at 28 February 2026 80,000
Amortisation
As at 1 March 2025 80,000
As at 28 February 2026 80,000
Net Book Value
As at 28 February 2026 -
As at 1 March 2025 -
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 March 2025 32,777 108 567 33,452
Additions 27,298 - - 27,298
As at 28 February 2026 60,075 108 567 60,750
Depreciation
As at 1 March 2025 25,099 42 434 25,575
Provided during the period 5,247 10 20 5,277
As at 28 February 2026 30,346 52 454 30,852
...CONTINUED
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Page 5
Net Book Value
As at 28 February 2026 29,729 56 113 29,898
As at 1 March 2025 7,678 66 133 7,877
6. Stocks
2026 2025
£ £
Stock 37,350 -
Work in progress - 37,850
37,350 37,850
7. Debtors
2026 2025
£ £
Due within one year
Trade debtors 23,081 9,582
Other debtors 15,437 11,273
38,518 20,855
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 67,892 49,102
Bank loans and overdrafts 6,460 10,000
Other creditors 314 11,302
Taxation and social security 17,390 21,358
92,056 91,762
9. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans - 6,460
10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
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11. Related Party Transactions
Included in Other Creditors is an amount of £314 (2025 - £942) owed to the directors. This loan is interest free and no repayment terms have been agreed.
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