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 05308972 Mr Steven Lichtie Mr Brett Wayment iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05308972 2024-12-31 05308972 2025-12-31 05308972 2025-01-01 2025-12-31 05308972 frs-core:CurrentFinancialInstruments 2025-12-31 05308972 frs-core:Non-currentFinancialInstruments 2025-12-31 05308972 frs-core:ComputerEquipment 2025-12-31 05308972 frs-core:ComputerEquipment 2025-01-01 2025-12-31 05308972 frs-core:ComputerEquipment 2024-12-31 05308972 frs-core:FurnitureFittings 2025-01-01 2025-12-31 05308972 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-12-31 05308972 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-01-01 2025-12-31 05308972 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 05308972 frs-core:PlantMachinery 2025-12-31 05308972 frs-core:PlantMachinery 2025-01-01 2025-12-31 05308972 frs-core:PlantMachinery 2024-12-31 05308972 frs-core:ShareCapital 2025-12-31 05308972 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 05308972 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 05308972 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 05308972 frs-bus:SmallEntities 2025-01-01 2025-12-31 05308972 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 05308972 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 05308972 frs-bus:Director1 2025-01-01 2025-12-31 05308972 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 05308972 frs-countries:EnglandWales 2025-01-01 2025-12-31 05308972 2023-12-31 05308972 2024-12-31 05308972 2024-01-01 2024-12-31 05308972 frs-core:CurrentFinancialInstruments 2024-12-31 05308972 frs-core:Non-currentFinancialInstruments 2024-12-31 05308972 frs-core:ShareCapital 2024-12-31 05308972 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 05308972
CMC Golf Europe Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05308972
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 483,928 27,900
483,928 27,900
CURRENT ASSETS
Stocks 5 309,780 239,969
Debtors 6 58,817 59,088
Cash at bank and in hand 163,797 114,554
532,394 413,611
Creditors: Amounts Falling Due Within One Year 7 (228,322 ) (69,924 )
NET CURRENT ASSETS (LIABILITIES) 304,072 343,687
TOTAL ASSETS LESS CURRENT LIABILITIES 788,000 371,587
Creditors: Amounts Falling Due After More Than One Year 8 (311,409 ) (4,729 )
NET ASSETS 476,591 366,858
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 476,491 366,758
SHAREHOLDERS' FUNDS 476,591 366,858
Page 1
Page 2
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 Steven Lichtie
Director
20/08/2026
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
CMC Golf Europe Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05308972 . The registered office is The Counting House, High Street, Tring, Hertfordshire, HP23 5TE.
2. Accounting Policies
2.1. Early Adoption of Amendments to FRS 102 (Periodic Review 2024)
The company has early adopted the amendments to FRS 102, arising from the Financial Reporting Council's Periodic Review 2024, issued in March 2024. These amendments are effective for accounting periods beginning on or after 1 January 2026, but the company has elected to apply them in these financial statements for the year ended 31 December 2025.
2.2. 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.
2.3. 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:
Leasehold 25% straight line
Plant & Machinery 25% straight line
Fixtures & Fittings 25% straight line
Equipment 25% straight line
2.5. Leases
2.6. 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.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2024: 7)
9 7
Page 3
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4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Equipment Total
£ £ £ £
Cost
As at 1 January 2025 17,561 103,346 24,959 145,866
Additions 425,340 42,495 9,289 477,124
As at 31 December 2025 442,901 145,841 34,248 622,990
Depreciation
As at 1 January 2025 15,244 85,174 17,548 117,966
Provided during the period 10,650 8,247 2,199 21,096
As at 31 December 2025 25,894 93,421 19,747 139,062
Net Book Value
As at 31 December 2025 417,007 52,420 14,501 483,928
As at 1 January 2025 2,317 18,172 7,411 27,900
5. Stocks
2025 2024
£ £
Stock 309,780 239,969
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 24,690 54,363
Other debtors 34,127 4,725
58,817 59,088
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Lease liabilities 82,500 -
Trade creditors 3,643 6,511
Bank loans and overdrafts - 10,084
Amounts owed to group undertakings 126,303 -
Other creditors - 41,613
Taxation and social security 15,876 11,716
228,322 69,924
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8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Lease liabilities 311,409 -
Bank loans - 4,729
311,409 4,729
9. Lease Liabilities
2025 2024
£ £
Not later than one year 82,500 -
Later than one year and not later than five years 311,409 -
393,909 -
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
11. Dividends
2025 2024
£ £
On equity shares:
Interim dividend paid - 19,468
Page 5