Acorah Software Products - Accounts Production 19.4.300 false true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 08650105 Mr John Baldwin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08650105 2024-08-31 08650105 2025-08-31 08650105 2024-09-01 2025-08-31 08650105 frs-core:CurrentFinancialInstruments 2025-08-31 08650105 frs-core:Non-currentFinancialInstruments 2025-08-31 08650105 frs-core:BetweenOneFiveYears 2025-08-31 08650105 frs-core:ComputerEquipment 2025-08-31 08650105 frs-core:ComputerEquipment 2024-09-01 2025-08-31 08650105 frs-core:ComputerEquipment 2024-08-31 08650105 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-09-01 2025-08-31 08650105 frs-core:FurnitureFittings 2025-08-31 08650105 frs-core:FurnitureFittings 2024-09-01 2025-08-31 08650105 frs-core:FurnitureFittings 2024-08-31 08650105 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-08-31 08650105 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-09-01 2025-08-31 08650105 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-08-31 08650105 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-08-31 08650105 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-01 2025-08-31 08650105 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-31 08650105 frs-core:MotorVehicles 2025-08-31 08650105 frs-core:MotorVehicles 2024-09-01 2025-08-31 08650105 frs-core:MotorVehicles 2024-08-31 08650105 frs-core:OtherResidualIntangibleAssets 2025-08-31 08650105 frs-core:OtherResidualIntangibleAssets 2024-09-01 2025-08-31 08650105 frs-core:OtherResidualIntangibleAssets 2024-08-31 08650105 frs-core:WithinOneYear 2025-08-31 08650105 frs-core:ShareCapital 2025-08-31 08650105 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 08650105 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 08650105 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 08650105 frs-bus:SmallEntities 2024-09-01 2025-08-31 08650105 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 08650105 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 08650105 frs-bus:Director1 2024-09-01 2025-08-31 08650105 frs-bus:Director1 2024-08-31 08650105 frs-bus:Director1 2025-08-31 08650105 1 2024-09-01 2025-08-31 08650105 frs-countries:EnglandWales 2024-09-01 2025-08-31 08650105 2023-08-31 08650105 2024-08-31 08650105 2023-09-01 2024-08-31 08650105 frs-core:CurrentFinancialInstruments 2024-08-31 08650105 frs-core:Non-currentFinancialInstruments 2024-08-31 08650105 frs-core:BetweenOneFiveYears 2024-08-31 08650105 frs-core:WithinOneYear 2024-08-31 08650105 frs-core:ShareCapital 2024-08-31 08650105 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 08650105 1 2023-09-01 2024-08-31
Registered number: 08650105
Elite Dairy Services Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 08650105
2025 2024
as restated
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 906
Tangible Assets 5 866,549 677,183
866,549 678,089
CURRENT ASSETS
Stocks 229,894 190,000
Debtors 6 1,252,542 1,147,774
Cash at bank and in hand 247,829 166,637
1,730,265 1,504,411
Creditors: Amounts Falling Due Within One Year 7 (1,229,619 ) (896,061 )
NET CURRENT ASSETS (LIABILITIES) 500,646 608,350
TOTAL ASSETS LESS CURRENT LIABILITIES 1,367,195 1,286,439
Creditors: Amounts Falling Due After More Than One Year 8 (28,377 ) (8,662 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (40,454 ) (31,343 )
NET ASSETS 1,298,364 1,246,434
CAPITAL AND RESERVES
Called up share capital 1 1
Profit and Loss Account 1,298,363 1,246,433
SHAREHOLDERS' FUNDS 1,298,364 1,246,434
Page 1
Page 2
For the year ending 31 August 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 John Baldwin
Director
28 August 2026
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Elite Dairy Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08650105 . The registered office is 58 Salmon Parade, Bridgwater, Somerset, TA6 5JT.
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. 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.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are shown at historical cost. They are amortised to profit and loss account over their estimated economic life.
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:
Freehold Nil
Leasehold 5% straight line
Motor Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance
Computer Equipment 25% reducing balance
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. 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.
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2.8. 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
2025 2024
Average number of employees, including directors 9 11
9 11
4. Intangible Assets
Other
£
Cost
As at 1 September 2024 3,520
As at 31 August 2025 3,520
Amortisation
As at 1 September 2024 2,614
Provided during the period 906
As at 31 August 2025 3,520
Net Book Value
As at 31 August 2025 -
As at 1 September 2024 906
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Page 5
5. Tangible Assets
Land & Property
Freehold Leasehold Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 September 2024 510,288 4,168 111,356 159,606
Additions 141,474 - 53,418 51,827
As at 31 August 2025 651,762 4,168 164,774 211,433
Depreciation
As at 1 September 2024 - 688 39,891 73,734
Provided during the period - 208 29,450 26,555
As at 31 August 2025 - 896 69,341 100,289
Net Book Value
As at 31 August 2025 651,762 3,272 95,433 111,144
As at 1 September 2024 510,288 3,480 71,465 85,872
Computer Equipment Total
£ £
Cost
As at 1 September 2024 11,581 796,999
Additions 361 247,080
As at 31 August 2025 11,942 1,044,079
Depreciation
As at 1 September 2024 5,503 119,816
Provided during the period 1,501 57,714
As at 31 August 2025 7,004 177,530
Net Book Value
As at 31 August 2025 4,938 866,549
As at 1 September 2024 6,078 677,183
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6. Debtors
2025 2024
as restated
£ £
Due within one year
Trade debtors 950,267 976,095
Prepayments and accrued income 24,003 42,802
Other debtors 7,217 1,325
Director's loan account 203,544 127,552
Amounts owed by connected company 42,690 -
1,227,721 1,147,774
Due after more than one year
Corporation tax recoverable assets 24,821 -
1,252,542 1,147,774
7. Creditors: Amounts Falling Due Within One Year
2025 2024
as restated
£ £
Net obligations under finance lease and hire purchase contracts 8,767 3,361
Trade creditors 396,864 285,919
Bank loans and overdrafts 8,457 10,215
Corporation tax 73,068 200,816
Other taxes and social security 7,303 6,677
VAT 185,705 194,818
Net wages 269 -
Other creditors 1,873 1,295
Accruals and deferred income 547,313 192,960
1,229,619 896,061
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
as restated
£ £
Net obligations under finance lease and hire purchase contracts 28,377 -
Bank loans - 8,662
28,377 8,662
9. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
as restated
£ £
Net obligations under finance lease and hire purchase contracts 37,144 3,361
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10. Obligations Under Finance Leases and Hire Purchase
2025 2024
as restated
£ £
The future minimum finance lease payments are as follows:
Not later than one year 8,767 3,361
Later than one year and not later than five years 28,377 -
37,144 3,361
37,144 3,361
11. Directors Advances, Credits and Guarantees
Included within Debtors is the following loan to the director:
As at 1 September 2024 Amounts advanced Amounts repaid Amounts written off As at 31 August 2025
£ £ £ £ £
Mr John Baldwin 127,552 207,163 131,171 - 203,544
The above loan is unsecured and repayable on demand. When overdrawn, interest is charged at the official HMRC rate.
12. Related Party Transactions
During the period, the company issued a loan to a company owned by the director. The loan was interest free and repayable on demand. At the balance sheet date the amount due to the company was £42,690 (2024: £nil).
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