Acorah Software Products - Accounts Production 19.3.600 false true true 31 May 2025 1 June 2024 false 1 June 2025 31 May 2026 31 May 2026 11344772 A Gibbs iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11344772 2025-05-31 11344772 2026-05-31 11344772 2025-06-01 2026-05-31 11344772 frs-core:CurrentFinancialInstruments 2026-05-31 11344772 frs-core:Non-currentFinancialInstruments 2026-05-31 11344772 frs-core:BetweenOneFiveYears 2026-05-31 11344772 frs-core:ComputerEquipment 2026-05-31 11344772 frs-core:ComputerEquipment 2025-06-01 2026-05-31 11344772 frs-core:ComputerEquipment 2025-05-31 11344772 frs-core:MotorVehicles 2026-05-31 11344772 frs-core:MotorVehicles 2025-06-01 2026-05-31 11344772 frs-core:MotorVehicles 2025-05-31 11344772 frs-core:PlantMachinery 2026-05-31 11344772 frs-core:PlantMachinery 2025-06-01 2026-05-31 11344772 frs-core:PlantMachinery 2025-05-31 11344772 frs-core:WithinOneYear 2026-05-31 11344772 frs-core:ShareCapital 2026-05-31 11344772 frs-core:RetainedEarningsAccumulatedLosses 2026-05-31 11344772 frs-bus:PrivateLimitedCompanyLtd 2025-06-01 2026-05-31 11344772 frs-bus:FilletedAccounts 2025-06-01 2026-05-31 11344772 frs-bus:SmallEntities 2025-06-01 2026-05-31 11344772 frs-bus:AuditExempt-NoAccountantsReport 2025-06-01 2026-05-31 11344772 frs-bus:SmallCompaniesRegimeForAccounts 2025-06-01 2026-05-31 11344772 frs-bus:Director1 2025-06-01 2026-05-31 11344772 frs-countries:EnglandWales 2025-06-01 2026-05-31 11344772 2024-05-31 11344772 2025-05-31 11344772 2024-06-01 2025-05-31 11344772 frs-core:CurrentFinancialInstruments 2025-05-31 11344772 frs-core:Non-currentFinancialInstruments 2025-05-31 11344772 frs-core:BetweenOneFiveYears 2025-05-31 11344772 frs-core:WithinOneYear 2025-05-31 11344772 frs-core:ShareCapital 2025-05-31 11344772 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31
Registered number: 11344772
GLH European Limited
Unaudited Financial Statements
For The Year Ended 31 May 2026
M A Accountancy Group
Wolfe Mead
Farnham Road
Bordon
Hampshire
GU35 0NH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 11344772
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 120,636 152,362
120,636 152,362
CURRENT ASSETS
Debtors 5 46,547 42,916
Cash at bank and in hand 43,001 42,908
89,548 85,824
Creditors: Amounts Falling Due Within One Year 6 (66,762 ) (82,817 )
NET CURRENT ASSETS (LIABILITIES) 22,786 3,007
TOTAL ASSETS LESS CURRENT LIABILITIES 143,422 155,369
Creditors: Amounts Falling Due After More Than One Year 7 (62,925 ) (98,979 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (11,551 ) (200 )
NET ASSETS 68,946 56,190
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 68,944 56,188
SHAREHOLDERS' FUNDS 68,946 56,190
Page 1
Page 2
For the year ending 31 May 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
A Gibbs
Director
28th August 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
GLH European Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11344772 . The registered office is Mad About Bookkeeping Ltd Wolfe Mead, Farnham Road, Bordon, Hampshire, GU35 0NH .
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 directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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 25% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 25% reducing balance
Page 3
Page 4
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. 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: 3 (2025: 3)
3 3
Page 4
Page 5
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 June 2025 16,639 203,105 731 220,475
Additions 584 6,900 82 7,566
As at 31 May 2026 17,223 210,005 813 228,041
Depreciation
As at 1 June 2025 12,380 55,344 389 68,113
Provided during the period 1,101 38,089 102 39,292
As at 31 May 2026 13,481 93,433 491 107,405
Net Book Value
As at 31 May 2026 3,742 116,572 322 120,636
As at 1 June 2025 4,259 147,761 342 152,362
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 37,580 34,379
Other debtors 8,967 8,537
46,547 42,916
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 29,218 46,688
Trade creditors 2,788 1,484
Bank loans and overdrafts 4,167 -
Other creditors 23,806 26,819
Taxation and social security 6,783 7,826
66,762 82,817
Page 5
Page 6
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 42,786 98,124
Bank loans 20,139 855
62,925 98,979
8. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 29,218 46,688
Later than one year and not later than five years 42,786 98,124
72,004 144,812
72,004 144,812
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 2 2
10. Related Party Transactions
At the balance sheet date there was a loan outstanding to the director of £22,524 (2024 - £25,278), which has been included in other creditors.  The loan is interest free, unsecured and repayable on demand
Page 6