Acorah Software Products - Accounts Production 19.2.450 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 09682616 Mr Peter Little Mrs Jenny Little iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09682616 2024-07-31 09682616 2025-07-31 09682616 2024-08-01 2025-07-31 09682616 frs-core:CurrentFinancialInstruments 2025-07-31 09682616 frs-core:Non-currentFinancialInstruments 2025-07-31 09682616 frs-core:BetweenOneFiveYears 2025-07-31 09682616 frs-core:ComputerEquipment 2025-07-31 09682616 frs-core:ComputerEquipment 2024-08-01 2025-07-31 09682616 frs-core:ComputerEquipment 2024-07-31 09682616 frs-core:FurnitureFittings 2025-07-31 09682616 frs-core:FurnitureFittings 2024-08-01 2025-07-31 09682616 frs-core:FurnitureFittings 2024-07-31 09682616 frs-core:MotorVehicles 2025-07-31 09682616 frs-core:MotorVehicles 2024-08-01 2025-07-31 09682616 frs-core:MotorVehicles 2024-07-31 09682616 frs-core:PlantMachinery 2025-07-31 09682616 frs-core:PlantMachinery 2024-08-01 2025-07-31 09682616 frs-core:PlantMachinery 2024-07-31 09682616 frs-core:WithinOneYear 2025-07-31 09682616 frs-core:ShareCapital 2025-07-31 09682616 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 09682616 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 09682616 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 09682616 frs-bus:SmallEntities 2024-08-01 2025-07-31 09682616 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 09682616 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 09682616 frs-bus:Director1 2024-08-01 2025-07-31 09682616 frs-bus:Director2 2024-08-01 2025-07-31 09682616 frs-core:CurrentFinancialInstruments 1 2025-07-31 09682616 frs-core:CurrentFinancialInstruments 2 2025-07-31 09682616 frs-core:CurrentFinancialInstruments 3 2025-07-31 09682616 frs-countries:EnglandWales 2024-08-01 2025-07-31 09682616 2023-07-31 09682616 2024-07-31 09682616 2023-08-01 2024-07-31 09682616 frs-core:CurrentFinancialInstruments 2024-07-31 09682616 frs-core:Non-currentFinancialInstruments 2024-07-31 09682616 frs-core:BetweenOneFiveYears 2024-07-31 09682616 frs-core:WithinOneYear 2024-07-31 09682616 frs-core:ShareCapital 2024-07-31 09682616 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 09682616 frs-core:CurrentFinancialInstruments 1 2024-07-31 09682616 frs-core:CurrentFinancialInstruments 2 2024-07-31 09682616 frs-core:CurrentFinancialInstruments 3 2024-07-31
Registered number: 09682616
Facilities 1 Limited
Unaudited Financial Statements
For The Year Ended 31 July 2025
Gro Profit First Accountants
Chartered Certified Accountants
Lower Ground Floor
122 Bath Road
Cheltenham
Gloucestershire
GL53 7JX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09682616
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 98,536 98,667
98,536 98,667
CURRENT ASSETS
Debtors 5 348,172 383,744
Cash at bank and in hand 49,695 -
397,867 383,744
Creditors: Amounts Falling Due Within One Year 6 (100,563 ) (142,271 )
NET CURRENT ASSETS (LIABILITIES) 297,304 241,473
TOTAL ASSETS LESS CURRENT LIABILITIES 395,840 340,140
Creditors: Amounts Falling Due After More Than One Year 7 (8,599 ) (27,743 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 9 (18,722 ) (18,747 )
NET ASSETS 368,519 293,650
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 368,419 293,550
SHAREHOLDERS' FUNDS 368,519 293,650
Page 1
Page 2
For the year ending 31 July 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 Peter Little
Director
27/02/2026
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Facilities 1 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09682616 . The registered office is Lower Ground Floor, 122 Bath Road, Cheltenham, GL53 7JX.
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 25% Straight Line
Motor Vehicles 33% Reducing Balance
Fixtures & Fittings 25% Straight Line
Computer Equipment 20% 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.
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2.5. 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:
2025 2024
Office and administration 3 2
3 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 August 2024 55,941 112,437 6,358 1,219 175,955
Additions 10,758 25,879 727 956 38,320
As at 31 July 2025 66,699 138,316 7,085 2,175 214,275
Depreciation
As at 1 August 2024 53,186 17,914 5,475 713 77,288
Provided during the period 3,713 34,164 392 182 38,451
As at 31 July 2025 56,899 52,078 5,867 895 115,739
Net Book Value
As at 31 July 2025 9,800 86,238 1,218 1,280 98,536
As at 1 August 2024 2,755 94,523 883 506 98,667
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5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 32,054 32,662
Prepayments and accrued income 7,821 8,439
South West Capital Limited 86,914 134,567
The Cool Basements Company Limited 126,996 113,496
The Property Conservation Company Limited 94,387 94,387
Directors' loan accounts - 193
348,172 383,744
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 12,120 12,120
Trade creditors 2,949 3,068
Bank loans and overdrafts 8,334 32,160
Corporation tax 29,170 47,376
Other taxes and social security 1,414 1,844
VAT 13,480 13,135
James Little Loan 11,735 11,735
Accruals and deferred income 20,249 20,249
Directors' loan accounts 1,112 584
100,563 142,271
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 8,599 19,408
Bank loans - 8,335
8,599 27,743
8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 12,120 12,120
Later than one year and not later than five years 8,599 19,408
20,719 31,528
20,719 31,528
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9. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Other timing differences 18,722 18,747
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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