Acorah Software Products - Accounts Production 19.4.300 false true true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 00716436 Mr J Hollis Miss J Lewis Miss J Lewis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00716436 2024-12-31 00716436 2025-12-31 00716436 2025-01-01 2025-12-31 00716436 frs-core:CurrentFinancialInstruments 2025-12-31 00716436 frs-core:Non-currentFinancialInstruments 2025-12-31 00716436 frs-core:FurnitureFittings 2025-12-31 00716436 frs-core:FurnitureFittings 2025-01-01 2025-12-31 00716436 frs-core:FurnitureFittings 2024-12-31 00716436 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-12-31 00716436 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-01-01 2025-12-31 00716436 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 00716436 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-12-31 00716436 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 00716436 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 00716436 frs-core:PlantMachinery 2025-12-31 00716436 frs-core:PlantMachinery 2025-01-01 2025-12-31 00716436 frs-core:PlantMachinery 2024-12-31 00716436 frs-core:WithinOneYear 2025-12-31 00716436 frs-core:SharePremium 2025-12-31 00716436 frs-core:ShareCapital 2025-12-31 00716436 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 00716436 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 00716436 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 00716436 frs-bus:SmallEntities 2025-01-01 2025-12-31 00716436 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 00716436 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 00716436 frs-core:CostValuation 2024-12-31 00716436 frs-core:CostValuation 2025-12-31 00716436 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 00716436 frs-core:ProvisionsForImpairmentInvestments 2025-12-31 00716436 frs-bus:Director1 2025-01-01 2025-12-31 00716436 frs-bus:Director2 2025-01-01 2025-12-31 00716436 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 00716436 frs-countries:EnglandWales 2025-01-01 2025-12-31 00716436 2023-12-31 00716436 2024-12-31 00716436 2024-01-01 2024-12-31 00716436 frs-core:CurrentFinancialInstruments 2024-12-31 00716436 frs-core:Non-currentFinancialInstruments 2024-12-31 00716436 frs-core:WithinOneYear 2024-12-31 00716436 frs-core:SharePremium 2024-12-31 00716436 frs-core:ShareCapital 2024-12-31 00716436 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 00716436
W.& G.Hollis Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Beresfords
Chartered Certified Accountants
1-2 Rhodium Point
Spindle Close
Hawkinge, Folkestone
Kent
CT18 7TQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 00716436
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 173,009 184,905
Investments 5 (915 ) (915 )
172,094 183,990
CURRENT ASSETS
Stocks 6 399,143 358,898
Debtors 7 37,271 44,846
Cash at bank and in hand 50,186 173,920
486,600 577,664
Creditors: Amounts Falling Due Within One Year 8 (218,093 ) (272,049 )
NET CURRENT ASSETS (LIABILITIES) 268,507 305,615
TOTAL ASSETS LESS CURRENT LIABILITIES 440,601 489,605
Creditors: Amounts Falling Due After More Than One Year 9 (17,659 ) (18,713 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,834 ) (10,395 )
NET ASSETS 414,108 460,497
CAPITAL AND RESERVES
Called up share capital 10 8,000 8,000
Share premium account 1,000 1,000
Profit and Loss Account 405,108 451,497
SHAREHOLDERS' FUNDS 414,108 460,497
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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.
On behalf of the board
Mr J Hollis
Director
Miss J Lewis
Director
26/08/2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
W.& G.Hollis Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00716436 . The registered office is 1 Crabble Hill, Buckland, Dover, Kent, CT17 0RS.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1.
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 are actively looking to sell the business before the end of the current financial year due to the changes in the vehicle sales market and the effect on current profitability. For this reason, the financial statements have been prepared on the going concern basis, rather than considering the current value of assets if the business were to cease trading.
2.3. Significant judgements and estimations
No judgements have been made in the process of applying the accounting policies that have had a significant effect on the amounts recognised in the financial statements.  
No key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date which have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year have been made. 
2.4. 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.
2.5. 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 2% on cost
Property Improvements 2% on cost
Plant & Machinery 15% reducing balance
Fixtures & Fittings 12.5% reducing balance
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.
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2.7. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
2.8. Interest Receivable
Interest income is recognised in the profit and loss account using the effective interest method.
2.9. Interest Payable
Finance costs are charged to the profit and loss account over the term of the debt using the effective interest method so that the amount charged is a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
2.10. 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.
2.11. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.
2.12. Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administration expenses.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 21 (2024: 22)
21 22
4. Tangible Assets
Land & Property
Freehold Property Improvements Plant & Machinery Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 January 2025 163,585 119,099 140,028 83,863 506,575
As at 31 December 2025 163,585 119,099 140,028 83,863 506,575
Depreciation
As at 1 January 2025 86,753 52,812 99,692 82,413 321,670
Provided during the period 3,272 2,382 6,061 181 11,896
As at 31 December 2025 90,025 55,194 105,753 82,594 333,566
Net Book Value
As at 31 December 2025 73,560 63,905 34,275 1,269 173,009
As at 1 January 2025 76,832 66,287 40,336 1,450 184,905
5. Investments
Subsidiaries
£
Cost or Valuation
As at 1 January 2025 2,000
As at 31 December 2025 2,000
Provision
As at 1 January 2025 2,915
As at 31 December 2025 2,915
Net Book Value
As at 31 December 2025 (915 )
As at 1 January 2025 (915 )
Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
6. Stocks
2025 2024
£ £
Consumables 1,800 1,819
Vehicles and parts 397,343 357,079
399,143 358,898
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7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 11,552 15,303
Prepayments and accrued income 24,650 21,496
Other debtors 1,069 8,047
37,271 44,846
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 154,948 193,773
Other taxes and social security 13,929 11,613
VAT 13,414 23,550
Other creditors 12,632 18,488
Accruals and deferred income 12,074 10,679
Directors' loan accounts 11,096 13,946
218,093 272,049
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other creditors 17,659 18,713
During 1996, Volkswagen waived the Dealer Support Loan provided in 1993 for the improvement of the Company's premises and equipment. The Company transferred the capital element of this loan into a deferred income account to be released over the life of the assets concerned.
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 8,000 8,000
11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases, in respect of the rent of the yard and forecourt used for the Company's business on a rolling basis, are as following:
2025 2024
£ £
Not later than one year 13,000 13,000
13,000 13,000
12. Pension Commitments
At the balance sheet date there are unpaid contributions of £1,069 (2024 - £776).
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