Acorah Software Products - Accounts Production 19.4.300 false true 28 February 2025 29 February 2024 false 1 March 2025 28 February 2026 28 February 2026 01287421 Mr John Woodruff Mr Stuart Woodruff Mr Paul Woodruff iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01287421 2025-02-28 01287421 2026-02-28 01287421 2025-03-01 2026-02-28 01287421 frs-core:CurrentFinancialInstruments 2026-02-28 01287421 frs-core:FurnitureFittings 2026-02-28 01287421 frs-core:FurnitureFittings 2025-03-01 2026-02-28 01287421 frs-core:FurnitureFittings 2025-02-28 01287421 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2026-02-28 01287421 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-01 2026-02-28 01287421 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-02-28 01287421 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2026-02-28 01287421 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-01 2026-02-28 01287421 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-02-28 01287421 frs-core:PlantMachinery 2026-02-28 01287421 frs-core:PlantMachinery 2025-03-01 2026-02-28 01287421 frs-core:PlantMachinery 2025-02-28 01287421 frs-core:CapitalRedemptionReserve 2026-02-28 01287421 frs-core:ShareCapital 2026-02-28 01287421 frs-core:RetainedEarningsAccumulatedLosses 2026-02-28 01287421 frs-bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 01287421 frs-bus:FilletedAccounts 2025-03-01 2026-02-28 01287421 frs-bus:SmallEntities 2025-03-01 2026-02-28 01287421 frs-bus:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 01287421 frs-bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 01287421 frs-bus:Director1 2025-03-01 2026-02-28 01287421 frs-bus:Director2 2025-03-01 2026-02-28 01287421 frs-bus:Director3 2025-03-01 2026-02-28 01287421 frs-countries:EnglandWales 2025-03-01 2026-02-28 01287421 2024-02-28 01287421 2025-02-28 01287421 2024-02-29 2025-02-28 01287421 frs-core:CurrentFinancialInstruments 2025-02-28 01287421 frs-core:CapitalRedemptionReserve 2025-02-28 01287421 frs-core:ShareCapital 2025-02-28 01287421 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28
Registered number: 01287421
Chemipat Limited
Unaudited Financial Statements
For The Year Ended 28 February 2026
BV Accountants Group Limited
7 St Petersgate
Stockport
Cheshire
SK1 1EB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 01287421
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 20,784 24,848
20,784 24,848
CURRENT ASSETS
Stocks 5 234,684 186,312
Debtors 6 453,687 572,649
Cash at bank and in hand 572,227 449,258
1,260,598 1,208,219
Creditors: Amounts Falling Due Within One Year 7 (327,982 ) (338,368 )
NET CURRENT ASSETS (LIABILITIES) 932,616 869,851
TOTAL ASSETS LESS CURRENT LIABILITIES 953,400 894,699
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,700 ) (5,974 )
NET ASSETS 947,700 888,725
CAPITAL AND RESERVES
Called up share capital 8 400 400
Capital redemption reserve 200 200
Profit and Loss Account 947,100 888,125
SHAREHOLDERS' FUNDS 947,700 888,725
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For the year ending 28 February 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 Paul Woodruff
Director
8 September 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Chemipat Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01287421 . The registered office is Casablanca Works, Sherborne Street West, Salford, M3 7LF.
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.
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.
2.3. 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:
Land and buildings 10% Straight line
Improvements to leasehold property 10% Reducing balance
Plant & Machinery 25% Reducing balance
Fixtures & Fittings 25% Reducing balance
2.4. 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.
2.5. 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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2.6. 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 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.
2.7. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2025: 13)
13 13
4. Tangible Assets
Land & Property
Land and buildings Improvements to leasehold property Plant & Machinery Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 March 2025 4,731 16,813 803,692 16,212 841,448
Additions - - 1,675 - 1,675
As at 28 February 2026 4,731 16,813 805,367 16,212 843,123
Depreciation
As at 1 March 2025 4,731 12,968 782,689 16,212 816,600
Provided during the period - 384 5,355 - 5,739
As at 28 February 2026 4,731 13,352 788,044 16,212 822,339
Net Book Value
As at 28 February 2026 - 3,461 17,323 - 20,784
As at 1 March 2025 - 3,845 21,003 - 24,848
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5. Stocks
2026 2025
£ £
Finished goods 234,684 186,312
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 397,091 564,973
Other debtors 56,596 7,676
453,687 572,649
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 254,145 263,435
Other creditors 4,544 4,334
Taxation and social security 69,293 70,599
327,982 338,368
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 400 400
9. Related Party Transactions
The company occupies premises owned by some of the shareholders and directors for which no rent was paid during the current or preceding year.
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