Acorah Software Products - Accounts Production 19.3.600 false true true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 07368863 Mr B Davidson Mr D W Beaumont iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07368863 2024-12-31 07368863 2025-12-31 07368863 2025-01-01 2025-12-31 07368863 frs-core:CurrentFinancialInstruments 2025-12-31 07368863 frs-core:Non-currentFinancialInstruments 2025-12-31 07368863 frs-core:BetweenOneFiveYears 2025-12-31 07368863 frs-core:FurnitureFittings 2025-12-31 07368863 frs-core:FurnitureFittings 2025-01-01 2025-12-31 07368863 frs-core:FurnitureFittings 2024-12-31 07368863 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 07368863 frs-core:PlantMachinery 2025-12-31 07368863 frs-core:PlantMachinery 2025-01-01 2025-12-31 07368863 frs-core:PlantMachinery 2024-12-31 07368863 frs-core:WithinOneYear 2025-12-31 07368863 frs-core:ShareCapital 2025-12-31 07368863 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 07368863 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 07368863 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 07368863 frs-bus:SmallEntities 2025-01-01 2025-12-31 07368863 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 07368863 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 07368863 frs-bus:Director1 2025-01-01 2025-12-31 07368863 frs-bus:Director2 2025-01-01 2025-12-31 07368863 frs-countries:EnglandWales 2025-01-01 2025-12-31 07368863 2023-12-31 07368863 2024-12-31 07368863 2024-01-01 2024-12-31 07368863 frs-core:CurrentFinancialInstruments 2024-12-31 07368863 frs-core:Non-currentFinancialInstruments 2024-12-31 07368863 frs-core:BetweenOneFiveYears 2024-12-31 07368863 frs-core:WithinOneYear 2024-12-31 07368863 frs-core:ShareCapital 2024-12-31 07368863 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 07368863
Fairgrieve Composites Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Turner and Brown Limited
Chartered Accountants
105 Garstang Road
Preston
Lancashire
PR1 1LD
Fairgrieve Composites Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Fairgrieve Composites Limited
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 07368863

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 67,207 |  | 87,290
|  |  | 67,207 |  | 87,290
CURRENT ASSETS
Stocks | 5 | 34,335 |  | 12,909 |
Debtors | 6 | 248,887 |  | 179,229 |
Cash at bank and in hand |  | 64,226 |  | 74,415 |
|  | 347,448 |  | 266,553 |
Creditors: Amounts Falling Due Within One Year | 7 | (251,028 ) |  | (67,512 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 96,420 |  | 199,041
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 163,627 |  | 286,331
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (5,543 ) |  | (12,862 )
NET ASSETS |  |  | 158,084 |  | 273,469
CAPITAL AND RESERVES
Called up share capital | 10 |  | 1,000 |  | 1,000
Profit and Loss Account |  |  | 157,084 |  | 272,469
SHAREHOLDERS' FUNDS |  |  | 158,084 |  | 273,469

Page 1
Page 2
Fairgrieve Composites Limited
Balance Sheet (continued)
As At 31 December 2025
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 D W Beaumont Director
4 August 2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Fairgrieve Composites Limited
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
Fairgrieve Composites Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07368863 . The registered office is 15 Sedling Road, Wear Industrial Estate, Washington, Tyne And Wear, NE38 9BZ.
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. Going Concern Disclosure
The financial statements have been prepared on a going concern basis.
The company incurred losses during the year ended 31 December 2025. However, at the reporting date the company had net assets of £158,084. The directors have reviewed the company's forecasts and cash flow requirements and have taken into account the improvement in trading performance since the year end.
In addition, the directors have considered the financial support available from the company's ultimate parent undertaking, which has confirmed its willingness to provide financial assistance as required to enable the company to meet its liabilities as they fall due.
Having regard to these factors, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on the going concern basis.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Sale of goods
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (which, for the majority of sales, occurs on despatch of the goods), the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity and the costs incurred, or to be incurred, in respect of the transaction can be measured reliably.
Sale of services
Revenue from services is recognised as the services are provided. Where services are provided over a period of time, revenue is recognised by reference to the stage of completion of the service at the reporting date.
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 | 2% Straight line
Plant & Machinery | 10% Straight line
Fixtures & Fittings | 10% Straight line (33.3% SL on computer equipment)

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.
Page 3
Page 4
Fairgrieve Composites Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
2.6. Stocks and Work in Progress
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
The cost of raw materials includes purchase price and directly attributable costs incurred in bringing the inventories to their present location and condition.
The cost of work in progress and finished goods is determined using the retail method, whereby inventories are valued by reference to the expected gross profit margin applicable to the products concerned. The resulting valuation is reviewed at the reporting date to ensure that inventories are carried at no more than the lower of cost and estimated selling price less costs to complete and sell.
Provision is made for obsolete, slow-moving or defective stocks where appropriate.
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: 9 (2024: 9)
9 9
4. Tangible Assets

| Plant & Machinery | Fixtures & Fittings | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 January 2025 | 251,837 | 46,480 | 298,317
Additions | 4,300 | 197 | 4,497
As at 31 December 2025 | 256,137 | 46,677 | 302,814
Depreciation
As at 1 January 2025 | 177,581 | 33,446 | 211,027
Provided during the period | 17,680 | 6,900 | 24,580
As at 31 December 2025 | 195,261 | 40,346 | 235,607

...CONTINUED
Page 4
Page 5
Fairgrieve Composites Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025

Net Book Value
As at 31 December 2025 | 60,876 | 6,331 | 67,207
As at 1 January 2025 | 74,256 | 13,034 | 87,290

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 33,503 |  | 12,909
Work in progress | 832 |  | -
| 34,335 |  | 12,909

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 165,175 |  | 78,080
Amounts owed by group undertakings | 41,000 |  | 60,000
Other debtors | 42,712 |  | 41,149
| 248,887 |  | 179,229

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 8,998 |  | 13,600
Trade creditors | 206,913 |  | 35,021
Amounts owed to group undertakings | 13 |  | 13
Other creditors | 28,899 |  | 16,588
Taxation and social security | 6,205 |  | 2,290
| 251,028 |  | 67,512

8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 5,543 |  | 12,862

9. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 8,998 |  | 13,600
Later than one year and not later than five years | 5,543 |  | 12,862
| 14,541 |  | 26,462
| 14,541 |  | 26,462

Page 5
Page 6
Fairgrieve Composites Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1,000 |  | 1,000

Page 6