Acorah Software Products - Accounts Production 19.3.600 false true 28 February 2025 1 March 2024 false 1 March 2025 28 February 2026 28 February 2026 07526238 Mr Tony King Miss Nicola Saysell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07526238 2025-02-28 07526238 2026-02-28 07526238 2025-03-01 2026-02-28 07526238 frs-core:CurrentFinancialInstruments 2026-02-28 07526238 frs-core:ComputerEquipment 2026-02-28 07526238 frs-core:ComputerEquipment 2025-03-01 2026-02-28 07526238 frs-core:ComputerEquipment 2025-02-28 07526238 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2026-02-28 07526238 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-01 2026-02-28 07526238 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-02-28 07526238 frs-core:MotorVehicles 2026-02-28 07526238 frs-core:MotorVehicles 2025-03-01 2026-02-28 07526238 frs-core:MotorVehicles 2025-02-28 07526238 frs-core:PlantMachinery 2026-02-28 07526238 frs-core:PlantMachinery 2025-03-01 2026-02-28 07526238 frs-core:PlantMachinery 2025-02-28 07526238 frs-core:ShareCapital 2026-02-28 07526238 frs-core:RetainedEarningsAccumulatedLosses 2026-02-28 07526238 frs-bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 07526238 frs-bus:FilletedAccounts 2025-03-01 2026-02-28 07526238 frs-bus:SmallEntities 2025-03-01 2026-02-28 07526238 frs-bus:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 07526238 frs-bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 07526238 frs-bus:Director1 2025-03-01 2026-02-28 07526238 frs-bus:Director2 2025-03-01 2026-02-28 07526238 frs-countries:EnglandWales 2025-03-01 2026-02-28 07526238 2024-02-29 07526238 2025-02-28 07526238 2024-03-01 2025-02-28 07526238 frs-core:CurrentFinancialInstruments 2025-02-28 07526238 frs-core:ShareCapital 2025-02-28 07526238 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28
Registered number: 07526238
Dampworks Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2026
Arque
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07526238
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 387,409 408,899
387,409 408,899
CURRENT ASSETS
Stocks 5 401,905 -
Debtors 6 154,085 115,673
Cash at bank and in hand 985,253 1,049,661
1,541,243 1,165,334
Creditors: Amounts Falling Due Within One Year 7 (311,963 ) (324,066 )
NET CURRENT ASSETS (LIABILITIES) 1,229,280 841,268
TOTAL ASSETS LESS CURRENT LIABILITIES 1,616,689 1,250,167
NET ASSETS 1,616,689 1,250,167
CAPITAL AND RESERVES
Called up share capital 8 10 10
Profit and Loss Account 1,616,679 1,250,157
SHAREHOLDERS' FUNDS 1,616,689 1,250,167
Page 1
Page 2
For the year ending 28 February 2026 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
Miss Nicola Saysell
Director
27th March 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Dampworks Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07526238 . The registered office is Suite B, Kestrel House, 146/148 Main Road, Biggin Hill, Kent, TN16 3BA.
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:
Freehold No depreciation is to be applied
Plant & Machinery 25% Reducing balance
Motor Vehicles 25% Reducing balance
Computer Equipment 25% Straight line
2.4. 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.
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.
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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2025: 13)
12 13
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 March 2025 303,570 44,591 169,069 38,539 555,769
Additions - 4,431 - 5,018 9,449
As at 28 February 2026 303,570 49,022 169,069 43,557 565,218
Depreciation
As at 1 March 2025 - 31,241 86,914 28,715 146,870
Provided during the period - 4,200 20,539 6,200 30,939
As at 28 February 2026 - 35,441 107,453 34,915 177,809
Net Book Value
As at 28 February 2026 303,570 13,581 61,616 8,642 387,409
As at 1 March 2025 303,570 13,350 82,155 9,824 408,899
5. Stocks
2026 2025
£ £
Work in progress 401,905 -
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 154,085 115,431
Prepayments and accrued income - 242
154,085 115,673
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 17,829 20,247
Bank loans and overdrafts - 326
Corporation tax 153,390 178,009
Other taxes and social security 15,566 11,295
VAT 113,467 102,078
Accruals and deferred income 10,875 11,395
Directors' loan accounts 836 716
311,963 324,066
Page 4
Page 5
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 10 10
Page 5