Acorah Software Products - Accounts Production 19.3.600 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 03323265 Mr Stewart Williamson Mrs Elizabeth Williamson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03323265 2024-12-31 03323265 2025-12-31 03323265 2025-01-01 2025-12-31 03323265 frs-core:CurrentFinancialInstruments 2025-12-31 03323265 frs-core:Non-currentFinancialInstruments 2025-12-31 03323265 frs-core:ComputerEquipment 2025-12-31 03323265 frs-core:ComputerEquipment 2025-01-01 2025-12-31 03323265 frs-core:ComputerEquipment 2024-12-31 03323265 frs-core:FurnitureFittings 2025-12-31 03323265 frs-core:FurnitureFittings 2025-01-01 2025-12-31 03323265 frs-core:FurnitureFittings 2024-12-31 03323265 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-12-31 03323265 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-01-01 2025-12-31 03323265 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 03323265 frs-core:PlantMachinery 2025-12-31 03323265 frs-core:PlantMachinery 2025-01-01 2025-12-31 03323265 frs-core:PlantMachinery 2024-12-31 03323265 frs-core:ShareCapital 2025-12-31 03323265 frs-core:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 03323265 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-12-31 03323265 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 03323265 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 03323265 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 03323265 frs-bus:SmallEntities 2025-01-01 2025-12-31 03323265 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 03323265 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 03323265 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-01-01 2025-12-31 03323265 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-12-31 03323265 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-12-31 03323265 frs-core:UnlistedNon-exchangeTraded 2025-12-31 03323265 frs-core:UnlistedNon-exchangeTraded 2024-12-31 03323265 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 03323265 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-12-31 03323265 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 03323265 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-12-31 03323265 frs-bus:Director1 2025-01-01 2025-12-31 03323265 frs-bus:Director1 2024-12-31 03323265 frs-bus:Director1 2025-12-31 03323265 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 03323265 frs-countries:EnglandWales 2025-01-01 2025-12-31 03323265 2023-12-31 03323265 2024-12-31 03323265 2024-01-01 2024-12-31 03323265 frs-core:CurrentFinancialInstruments 2024-12-31 03323265 frs-core:Non-currentFinancialInstruments 2024-12-31 03323265 frs-core:ShareCapital 2024-12-31 03323265 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 03323265 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-12-31
Registered number: 03323265
Stewart Williamson Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
MoynanSmith
Chartered Accountants & Tax Advisers
Unit 4 Cooper Way
Carlisle
Cumbria
CA3 0JG
Stewart Williamson Limited
Contents
Contents

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

Page 1
Stewart Williamson Limited
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 03323265

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 1,022,186 |  | 1,026,355
Investment Properties | 5 |  | 2,199,860 |  | 2,425,000
Investments | 6 |  | 20 |  | 20
|  |  | 3,222,066 |  | 3,451,375
CURRENT ASSETS
Debtors | 7 | 459,756 |  | 367,154 |
Investments | 8 | 440,869 |  | 389,241 |
Cash at bank and in hand |  | 148,304 |  | 267,963 |
|  | 1,048,929 |  | 1,024,358 |
Creditors: Amounts Falling Due Within One Year | 9 | (192,667 ) |  | (276,006 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 856,262 |  | 748,352
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 4,078,328 |  | 4,199,727
Creditors: Amounts Falling Due After More Than One Year | 10 |  | (1,395 ) |  | (1,435 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (121,153 ) |  | (122,042 )
NET ASSETS |  |  | 3,955,780 |  | 4,076,250
CAPITAL AND RESERVES
Called up share capital | 11 |  | 100 |  | 100
Fair value reserve | 13 |  | 917,683 |  | 870,051
Profit and Loss Account |  |  | 3,037,997 |  | 3,206,099
SHAREHOLDERS' FUNDS |  |  | 3,955,780 |  | 4,076,250

Page 1
Page 2
Stewart Williamson 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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Stewart Williamson Director
8 July 2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Stewart Williamson Limited
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
Stewart Williamson Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03323265 . The registered office is Unit 4 Clifford Court, Carlisle, Cumbria, CA3 0JG.
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:

Leasehold | 50 year straight line
Plant & Machinery | 10% straight line
Fixtures & Fittings | 15% reducing balance
Computer Equipment | 3 year straight line

The long term leasehold property has an estimated residual value of its cost.
The depreciation is therefore £nil.
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
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 year 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.
...CONTINUED
Page 3
Page 4
Stewart Williamson Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
2.5. Taxation - continued
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 asset reflects 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 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.
2.6. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
2.7. Investments in associates
Investments in associates are accounted for under the cost model, with the initial recognition at cost and subsequent valuation being cost less any accumulated impairment losses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 4)
4 4
4. Tangible Assets

| Land & Property
--- | ---
| Leasehold | Plant & Machinery | Fixtures & Fittings | Computer Equipment | Total
| £ | £ | £ | £ | £
Cost
As at 1 January 2025 | 1,000,000 | 35,451 | 209,938 | 923 | 1,246,312
As at 31 December 2025 | 1,000,000 | 35,451 | 209,938 | 923 | 1,246,312
Depreciation
As at 1 January 2025 | - | 35,451 | 183,838 | 668 | 219,957
Provided during the period | - | - | 3,914 | 255 | 4,169
As at 31 December 2025 | - | 35,451 | 187,752 | 923 | 224,126
Net Book Value
As at 31 December 2025 | 1,000,000 | - | 22,186 | - | 1,022,186
As at 1 January 2025 | 1,000,000 | - | 26,100 | 255 | 1,026,355

The Investment Properties are held at Fair Value in the accounts.The director believes that there have been no changes to Fair Value as at the balance sheet date. Any changes to Fair Value have been taken to the profit and loss account, and they are transferred to the Fair Value Reserve so the undistributable reserves are separate from the distributable Profit and Loss Reserves.
Page 4
Page 5
Stewart Williamson Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
5. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 January 2025 | 2,425,000
Disposals | (225,140 )
As at 31 December 2025 | 2,199,860

6. Investments

| Unlisted
--- | ---
| £
Cost or Valuation
As at 1 January 2025 | 20
As at 31 December 2025 | 20
Provision
As at 1 January 2025 | -
As at 31 December 2025 | -
Net Book Value
As at 31 December 2025 | 20
As at 1 January 2025 | 20

The investment is an investment in an associate, being 20% of the issued Ordinary Share Capital of Sausage Dog Limited (Company number 08172840) a company registered in England and Wales.
The director does not believe this investment to have been impaired to date.
7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 15,244 |  | 12,449
Amounts owed by participating interests | 236,258 |  | 319,571
Other debtors | 208,254 |  | 35,134
| 459,756 |  | 367,154

8. Current Asset Investments

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Listed investments | 440,869 |  | 389,241

The listed investments are held at Fair Value at the balance sheet date. Any changes to Fair Value have been taken to the profit and loss account, and they are transferred to the Fair Value Reserve so the undistributable reserves are separate from the distributable Profit and Loss Reserves.
Page 5
Page 6
Stewart Williamson Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
9. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 3,298 |  | 1,561
Amounts owed to participating interests | 95,356 |  | 137,940
Other creditors | 50,665 |  | 75,667
Taxation and social security | 43,348 |  | 60,838
| 192,667 |  | 276,006

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Accruals and deferred income | 1,395 |  | 1,435

11. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

12. 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 Stewart Williamson | 25,236 | 31,878 | (25,236 ) | - | 31,878

The above loan is unsecured and repayable on demand. Interest has been charged at the official rates when applicable.
13. Reserves

| Fair value reserve | Profit and Loss Account
--- | --- | ---
| £ | £
As at 1 January 2025 | 870,051 | 3,206,099
Profit for the year and total comprehensive income | - | 17,030
Dividends paid | - | (137,500)
Transfer to/from Fair value reserve | - | (47,632)
Transfer to/from Profit & Loss Account | 47,632 | -
As at 31 December 2025 | 917,683 | 3,037,997

The Fair Value Reserve is the cumulative Fair Value adjustments within the accounts to date.This means all undistributable reserves within here are split from the distributable Profit and Loss Reserves to date.
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