Acorah Software Products - Accounts Production 19.2.450 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 07738833 R P Korge A E Korge A E Korge iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07738833 2024-12-31 07738833 2025-12-31 07738833 2025-01-01 2025-12-31 07738833 frs-core:CurrentFinancialInstruments 2025-12-31 07738833 frs-core:InvestmentPropertyIncludedWithinPPE 2025-12-31 07738833 frs-core:InvestmentPropertyIncludedWithinPPE 2025-01-01 2025-12-31 07738833 frs-core:InvestmentPropertyIncludedWithinPPE 2024-12-31 07738833 frs-core:PlantMachinery 2025-12-31 07738833 frs-core:PlantMachinery 2025-01-01 2025-12-31 07738833 frs-core:PlantMachinery 2024-12-31 07738833 frs-core:ShareCapital 2025-12-31 07738833 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 07738833 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 07738833 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 07738833 frs-bus:SmallEntities 2025-01-01 2025-12-31 07738833 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 07738833 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 07738833 frs-core:DeferredTaxation 2025-01-01 2025-12-31 07738833 frs-core:DeferredTaxation 2024-12-31 07738833 frs-core:DeferredTaxation 2025-12-31 07738833 frs-core:AcceleratedTaxDepreciationDeferredTax 2025-12-31 07738833 frs-bus:Director1 2025-01-01 2025-12-31 07738833 frs-bus:Director2 2025-01-01 2025-12-31 07738833 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 07738833 frs-countries:EnglandWales 2025-01-01 2025-12-31 07738833 2023-12-31 07738833 2024-12-31 07738833 2024-01-01 2024-12-31 07738833 frs-core:CurrentFinancialInstruments 2024-12-31 07738833 frs-core:ShareCapital 2024-12-31 07738833 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 07738833 frs-core:AcceleratedTaxDepreciationDeferredTax 2024-12-31
Registered number: 07738833
Grovepond Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
PKW Accountants Limited
Second Floor
1 Church Square
Leighton Buzzard
Bedfordshire
LU7 1AE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07738833
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,055,138 1,080,002
1,055,138 1,080,002
CURRENT ASSETS
Debtors 5 7,076 6,273
Cash at bank and in hand 32,387 29,396
39,463 35,669
Creditors: Amounts Falling Due Within One Year 6 (764,209 ) (758,715 )
NET CURRENT ASSETS (LIABILITIES) (724,746 ) (723,046 )
TOTAL ASSETS LESS CURRENT LIABILITIES 330,392 356,956
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 (28,038 ) (32,705 )
NET ASSETS 302,354 324,251
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 302,254 324,151
SHAREHOLDERS' FUNDS 302,354 324,251
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 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.
The financial statements were approved by the board of directors on 24 August 2026 and were signed on its behalf by:
R P Korge
Director
24th August 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
Grovepond Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07738833 . The registered office is Second Floor, 1 Church Square, Leighton Buzzard, Bedfordshire, LU7 1AE.
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.
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 cost
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. 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: 2 (2024: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Investment Properties Plant & Machinery etc. Total
£ £ £
Cost or Valuation
As at 1 January 2025 1,074,950 7,404 1,082,354
Additions - 4,477 4,477
Disposals - (4,712 ) (4,712 )
Revaluation (24,950 ) - (24,950 )
As at 31 December 2025 1,050,000 7,169 1,057,169
Depreciation
As at 1 January 2025 - 2,352 2,352
Provided during the period - 1,134 1,134
Disposals - (1,455 ) (1,455 )
As at 31 December 2025 - 2,031 2,031
Net Book Value
As at 31 December 2025 1,050,000 5,138 1,055,138
As at 1 January 2025 1,074,950 5,052 1,080,002
Cost or valuation as at 31 December 2025 represented by:
Investment Properties Plant & Machinery Total
£ £ £
At cost 840,299 7,169 847,468
At valuation 209,701 - 209,701
1,050,000 7,169 1,057,169
Investment properties were valued on an open market basis on 31 December 2025 by the directors.
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 7,076 6,273
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 763,690 758,715
Taxation and social security 519 -
764,209 758,715
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7. Deferred Taxation
The provision for deferred taxation is made up of
2025 2024
£ £
Accelerated capital allowances 80 6
Other timing differences 27,958 32,699
28,038 32,705
8. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 January 2025 32,705 32,705
Deferred taxation (4,667 ) (4,667 )
Balance at 31 December 2025 28,038 28,038
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5