Acorah Software Products - Accounts Production 19.3.600 false true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 07023597 Mr Stephen Woodcock Rita Potter iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07023597 2025-03-31 07023597 2026-03-31 07023597 2025-04-01 2026-03-31 07023597 frs-core:CurrentFinancialInstruments 2026-03-31 07023597 frs-core:Non-currentFinancialInstruments 2026-03-31 07023597 frs-core:BetweenOneFiveYears 2026-03-31 07023597 frs-core:FurnitureFittings 2026-03-31 07023597 frs-core:FurnitureFittings 2025-04-01 2026-03-31 07023597 frs-core:FurnitureFittings 2025-03-31 07023597 frs-core:MotorVehicles 2026-03-31 07023597 frs-core:MotorVehicles 2025-04-01 2026-03-31 07023597 frs-core:MotorVehicles 2025-03-31 07023597 frs-core:PlantMachinery 2026-03-31 07023597 frs-core:PlantMachinery 2025-04-01 2026-03-31 07023597 frs-core:PlantMachinery 2025-03-31 07023597 frs-core:WithinOneYear 2026-03-31 07023597 frs-core:ShareCapital 2026-03-31 07023597 frs-core:RetainedEarningsAccumulatedLosses 2025-04-01 2026-03-31 07023597 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2025-03-31 07023597 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 07023597 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 07023597 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 07023597 frs-bus:SmallEntities 2025-04-01 2026-03-31 07023597 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 07023597 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 07023597 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-03-31 07023597 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2026-03-31 07023597 frs-core:CostValuation 2025-03-31 07023597 frs-core:CostValuation 2026-03-31 07023597 frs-core:ProvisionsForImpairmentInvestments 2025-03-31 07023597 frs-core:ProvisionsForImpairmentInvestments 2026-03-31 07023597 frs-bus:Director1 2025-04-01 2026-03-31 07023597 frs-bus:Director1 2025-03-31 07023597 frs-bus:Director1 2026-03-31 07023597 frs-bus:CompanySecretary1 2025-04-01 2026-03-31 07023597 frs-countries:EnglandWales 2025-04-01 2026-03-31 07023597 2024-03-31 07023597 2025-03-31 07023597 2024-04-01 2025-03-31 07023597 frs-core:CurrentFinancialInstruments 2025-03-31 07023597 frs-core:Non-currentFinancialInstruments 2025-03-31 07023597 frs-core:BetweenOneFiveYears 2025-03-31 07023597 frs-core:WithinOneYear 2025-03-31 07023597 frs-core:ShareCapital 2025-03-31 07023597 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07023597 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-03-31
Registered number: 07023597
Woodcock Joiners Holdings Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07023597
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 109,711 93,506
Investment Properties 5 850,696 764,609
Investments 6 100 100
960,507 858,215
CURRENT ASSETS
Debtors 7 176,077 140,256
Cash at bank and in hand 201,614 180,390
377,691 320,646
Creditors: Amounts Falling Due Within One Year 8 (137,900 ) (83,648 )
NET CURRENT ASSETS (LIABILITIES) 239,791 236,998
TOTAL ASSETS LESS CURRENT LIABILITIES 1,200,298 1,095,213
Creditors: Amounts Falling Due After More Than One Year 9 (139,132 ) (161,604 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (47,369 ) (40,178 )
NET ASSETS 1,013,797 893,431
CAPITAL AND RESERVES
Called up share capital 11 2 2
Fair value reserve 13 50,509 50,509
Profit and Loss Account 963,286 842,920
SHAREHOLDERS' FUNDS 1,013,797 893,431
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Page 2
For the year ending 31 March 2026 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 Stephen Woodcock
Director
24th July 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
Woodcock Joiners Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07023597 . The registered office is 151-153 Nottingham Road, Basford, Nottingham, NG6 0FU.
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 20% on the straight line basis
Motor Vehicles 25% on the straight line basis
Fixtures & Fittings 20% on the straight line basis
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. 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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2.6. 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 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: 1 (2025: 1)
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 April 2025 342,749 153,845 19,300 515,894
Additions - 59,563 4,829 64,392
As at 31 March 2026 342,749 213,408 24,129 580,286
Depreciation
As at 1 April 2025 328,539 74,549 19,300 422,388
Provided during the period 5,900 41,321 966 48,187
As at 31 March 2026 334,439 115,870 20,266 470,575
Net Book Value
As at 31 March 2026 8,310 97,538 3,863 109,711
As at 1 April 2025 14,210 79,296 - 93,506
5. Investment Property
2026
£
Fair Value
As at 1 April 2025 764,609
Additions 86,087
As at 31 March 2026 850,696
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6. Investments
Subsidiaries
£
Cost or Valuation
As at 1 April 2025 100
As at 31 March 2026 100
Provision
As at 1 April 2025 -
As at 31 March 2026 -
Net Book Value
As at 31 March 2026 100
As at 1 April 2025 100
7. Debtors
2026 2025
£ £
Due within one year
Amounts owed by group undertakings 165,061 140,061
Other debtors 11,016 195
176,077 140,256
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 37,386 26,912
Trade creditors 44 59
Bank loans and overdrafts 22,758 21,438
Other creditors 35,539 3,372
Taxation and social security 42,173 31,867
137,900 83,648
9. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 24,538 21,961
Bank loans 114,594 139,643
139,132 161,604
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10. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 37,386 26,912
Later than one year and not later than five years 24,538 21,961
61,924 48,873
61,924 48,873
11. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 2 2
12. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2025 Amounts advanced Amounts repaid Amounts written off As at 31 March 2026
£ £ £ £ £
Mr Stephen Woodcock - 10,000 - - 10,000
The above loan is unsecured, interest free and repayable on demand.
13. Reserves
Fair value reserve Profit and Loss Account
£ £
As at 1 April 2025 50,509 842,920
Profit for the year and total comprehensive income - 141,424
Dividends paid - (21,058)
As at 31 March 2026 50,509 963,286
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