Acorah Software Products - Accounts Production 19.3.600 false true 31 May 2025 1 June 2024 false 1 June 2025 31 May 2026 31 May 2026 04752344 Mrs Tracy Brady Mr Karl Brady Mrs Tracy Brady true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04752344 2025-05-31 04752344 2026-05-31 04752344 2025-06-01 2026-05-31 04752344 frs-core:CurrentFinancialInstruments 2026-05-31 04752344 frs-core:ComputerEquipment 2026-05-31 04752344 frs-core:ComputerEquipment 2025-06-01 2026-05-31 04752344 frs-core:ComputerEquipment 2025-05-31 04752344 frs-core:FurnitureFittings 2026-05-31 04752344 frs-core:FurnitureFittings 2025-06-01 2026-05-31 04752344 frs-core:FurnitureFittings 2025-05-31 04752344 frs-core:NetGoodwill 2026-05-31 04752344 frs-core:NetGoodwill 2025-06-01 2026-05-31 04752344 frs-core:NetGoodwill 2025-05-31 04752344 frs-core:MotorVehicles 2026-05-31 04752344 frs-core:MotorVehicles 2025-06-01 2026-05-31 04752344 frs-core:MotorVehicles 2025-05-31 04752344 frs-core:PlantMachinery 2026-05-31 04752344 frs-core:PlantMachinery 2025-06-01 2026-05-31 04752344 frs-core:PlantMachinery 2025-05-31 04752344 frs-core:ShareCapital 2026-05-31 04752344 frs-core:RetainedEarningsAccumulatedLosses 2026-05-31 04752344 frs-bus:PrivateLimitedCompanyLtd 2025-06-01 2026-05-31 04752344 frs-bus:FilletedAccounts 2025-06-01 2026-05-31 04752344 frs-bus:SmallEntities 2025-06-01 2026-05-31 04752344 frs-bus:AuditExempt-NoAccountantsReport 2025-06-01 2026-05-31 04752344 frs-bus:SmallCompaniesRegimeForAccounts 2025-06-01 2026-05-31 04752344 1 2025-06-01 2026-05-31 04752344 frs-bus:Director1 2025-06-01 2026-05-31 04752344 frs-bus:Director2 2025-06-01 2026-05-31 04752344 frs-bus:CompanySecretary1 2025-06-01 2026-05-31 04752344 frs-countries:EnglandWales 2025-06-01 2026-05-31 04752344 2024-05-31 04752344 2025-05-31 04752344 2024-06-01 2025-05-31 04752344 frs-core:CurrentFinancialInstruments 2025-05-31 04752344 frs-core:ShareCapital 2025-05-31 04752344 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31
Registered number: 04752344
G & K Brady Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2026
Fair Accountancy Services
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04752344
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 462 615
462 615
CURRENT ASSETS
Stocks 6 5,000 6,000
Debtors 7 10,888 6,654
Cash at bank and in hand 37,623 51,391
53,511 64,045
Creditors: Amounts Falling Due Within One Year 8 (2,978 ) (3,963 )
NET CURRENT ASSETS (LIABILITIES) 50,533 60,082
TOTAL ASSETS LESS CURRENT LIABILITIES 50,995 60,697
NET ASSETS 50,995 60,697
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 50,895 60,597
SHAREHOLDERS' FUNDS 50,995 60,697
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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 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 Karl Brady
Director
20/08/2026
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
G & K Brady Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04752344 . The registered office is 169 Long Road, Lowestoft, Suffolk, NR33 9DE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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 profit and loss account over its estimated economic life of 20 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 15%
Motor Vehicles 25%
Fixtures & Fittings 15%
Computer Equipment 25%
2.5. 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.
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 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.
3. Average Number of Employees
1Average number of employees, including directors, during the year was: 1 (2025: 1)
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4. Intangible Assets
Goodwill
£
Cost
As at 1 June 2025 25,000
As at 31 May 2026 25,000
Amortisation
As at 1 June 2025 25,000
As at 31 May 2026 25,000
Net Book Value
As at 31 May 2026 -
As at 1 June 2025 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 June 2025 3,963 13,784 1,250 3,446 22,443
As at 31 May 2026 3,963 13,784 1,250 3,446 22,443
Depreciation
As at 1 June 2025 3,715 13,450 1,218 3,445 21,828
Provided during the period 37 109 6 1 153
As at 31 May 2026 3,752 13,559 1,224 3,446 21,981
Net Book Value
As at 31 May 2026 211 225 26 - 462
As at 1 June 2025 248 334 32 1 615
6. Stocks
2026 2025
£ £
Stock & Work in Progress 5,000 6,000
7. Debtors
2026 2025
£ £
Due within one year
Trade debtors 5,532 568
CIS Deductions (recoverable) 5,356 6,086
10,888 6,654
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8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors (1 ) 978
Corporation tax 2,244 1,994
VAT - 331
Accruals and deferred income 735 660
2,978 3,963
9. Deferred Taxation
The provision for deferred tax is made up as follows:
10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
11. Dividends
2026 2025
£ £
On equity shares:
Final dividend paid 19,113 2,500
12. Ultimate Controlling Party
The company was under the control of Mr K J Brady and Mrs T Brady as holders of the share capital thoughout the current and previous years.
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