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 04612012 Mr R L Phillips Mrs K J Green Mr K A Royle iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04612012 2024-12-31 04612012 2025-12-31 04612012 2025-01-01 2025-12-31 04612012 frs-core:CurrentFinancialInstruments 2025-12-31 04612012 frs-core:Non-currentFinancialInstruments 2025-12-31 04612012 frs-core:BetweenOneFiveYears 2025-12-31 04612012 frs-core:ComputerEquipment 2025-12-31 04612012 frs-core:ComputerEquipment 2025-01-01 2025-12-31 04612012 frs-core:ComputerEquipment 2024-12-31 04612012 frs-core:FurnitureFittings 2025-12-31 04612012 frs-core:FurnitureFittings 2025-01-01 2025-12-31 04612012 frs-core:FurnitureFittings 2024-12-31 04612012 frs-core:NetGoodwill 2025-12-31 04612012 frs-core:NetGoodwill 2025-01-01 2025-12-31 04612012 frs-core:NetGoodwill 2024-12-31 04612012 frs-core:MotorVehicles 2025-12-31 04612012 frs-core:MotorVehicles 2025-01-01 2025-12-31 04612012 frs-core:MotorVehicles 2024-12-31 04612012 frs-core:PlantMachinery 2025-12-31 04612012 frs-core:PlantMachinery 2025-01-01 2025-12-31 04612012 frs-core:PlantMachinery 2024-12-31 04612012 frs-core:WithinOneYear 2025-12-31 04612012 frs-core:ShareCapital 2025-12-31 04612012 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 04612012 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 04612012 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 04612012 frs-bus:SmallEntities 2025-01-01 2025-12-31 04612012 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 04612012 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 04612012 frs-bus:Director1 2025-01-01 2025-12-31 04612012 frs-bus:Director1 2024-12-31 04612012 frs-bus:Director1 2025-12-31 04612012 frs-bus:Director2 2025-01-01 2025-12-31 04612012 frs-bus:Director2 2024-12-31 04612012 frs-bus:Director2 2025-12-31 04612012 frs-bus:Director3 2025-01-01 2025-12-31 04612012 frs-bus:Director3 2024-12-31 04612012 frs-bus:Director3 2025-12-31 04612012 frs-core:CurrentFinancialInstruments 1 2025-12-31 04612012 frs-core:CurrentFinancialInstruments 2 2025-12-31 04612012 frs-countries:EnglandWales 2025-01-01 2025-12-31 04612012 2023-12-31 04612012 2024-12-31 04612012 2024-01-01 2024-12-31 04612012 frs-core:CurrentFinancialInstruments 2024-12-31 04612012 frs-core:Non-currentFinancialInstruments 2024-12-31 04612012 frs-core:BetweenOneFiveYears 2024-12-31 04612012 frs-core:WithinOneYear 2024-12-31 04612012 frs-core:ShareCapital 2024-12-31 04612012 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04612012 frs-core:CurrentFinancialInstruments 1 2024-12-31 04612012 frs-core:CurrentFinancialInstruments 2 2024-12-31
Registered number: 04612012
Philip Whear Windows & Conservatories Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
Catherine Bennett Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 04612012
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 251,566 251,523
251,566 251,523
CURRENT ASSETS
Stocks 6 87,382 92,000
Debtors 7 415,957 435,120
Cash at bank and in hand 1,287 2,441
504,626 529,561
Creditors: Amounts Falling Due Within One Year 8 (474,642 ) (412,956 )
NET CURRENT ASSETS (LIABILITIES) 29,984 116,605
TOTAL ASSETS LESS CURRENT LIABILITIES 281,550 368,128
Creditors: Amounts Falling Due After More Than One Year 9 (3,002 ) (4,347 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (62,891 ) (62,881 )
NET ASSETS 215,657 300,900
CAPITAL AND RESERVES
Called up share capital 11 105 105
Profit and Loss Account 215,552 300,795
SHAREHOLDERS' FUNDS 215,657 300,900
Page 1
Page 2
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 R L Phillips
Director
Mrs K J Green
Director
Mr K A Royle
Director
3 August 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
Philip Whear Windows & Conservatories Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04612012 . The registered office is Wilson Way, Pool Industrial Estate, REDRUTH, TR15 3RT.
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. 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, relating to a business acquired in 2003.
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 10% on reducing balance and not provided
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 10% on reducing balance
Computer Equipment 33% on cost and 33% on reducing balance
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.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.9. Currency
The presentation currency of the financial statements is the Pound Sterling (£).
3. Average Number of Employees
Average number of employees, including directors, during the year was: 15 (2024: 15)
15 15
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2025 60,000
As at 31 December 2025 60,000
Amortisation
As at 1 January 2025 60,000
As at 31 December 2025 60,000
Net Book Value
As at 31 December 2025 -
As at 1 January 2025 -
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5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2025 269,196 90,384 68,708 22,209 450,497
Additions 4,405 15,500 5,280 2,399 27,584
As at 31 December 2025 273,601 105,884 73,988 24,608 478,081
Depreciation
As at 1 January 2025 74,421 77,703 31,700 15,150 198,974
Provided during the period 12,747 7,045 4,229 3,520 27,541
As at 31 December 2025 87,168 84,748 35,929 18,670 226,515
Net Book Value
As at 31 December 2025 186,433 21,136 38,059 5,938 251,566
As at 1 January 2025 194,775 12,681 37,008 7,059 251,523
6. Stocks
2025 2024
£ £
Stock 87,382 92,000
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 385,561 294,687
Prepayments and accrued income 12,678 7,862
Other debtors 11,032 7,422
Directors' loan accounts 6,686 125,149
415,957 435,120
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 2,667 7,770
Trade creditors 88,066 71,696
Bank loans and overdrafts 72,160 40,447
Corporation tax 47,397 44,076
Other taxes and social security 7,658 6,215
VAT 59,347 46,614
Other creditors 429 4,148
...CONTINUED
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Warranty provision 178,757 161,748
Company credit card 14,609 5,354
Accruals and deferred income 3,552 24,888
474,642 412,956
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 3,002 -
Bank loans - 4,347
3,002 4,347
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 2,667 7,770
Later than one year and not later than five years 3,002 -
5,669 7,770
5,669 7,770
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 105 105
12. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 41,658 30,638
Later than one year and not later than five years 47,054 37,751
88,712 68,389
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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 Phillips 50,701 82,571 128,481 - 4,791
Mrs Katy Green 18,442 33,643 51,416 - 669
Mr Keran Royle 56,006 49,227 104,007 - 1,226
The above loans are unsecured, interest applied at the applicable rates of 2.25% and 3.75% in accordance with HM Revenue & Customs, and repayable on demand.
14. Fixed charge
At the 31 December 2024 there is a fixed charge and floating charge including negative pledge over all the property or undertaking of the company in favour of NatWest Bank plc.
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