Acorah Software Products - Accounts Production 19.3.600 false true 31 January 2025 1 February 2024 false 1 February 2025 31 January 2026 31 January 2026 05896032 Mr H Day Mr M Day Mrs C Day iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05896032 2025-01-31 05896032 2026-01-31 05896032 2025-02-01 2026-01-31 05896032 frs-core:CurrentFinancialInstruments 2026-01-31 05896032 frs-core:Non-currentFinancialInstruments 2026-01-31 05896032 frs-core:FurnitureFittings 2026-01-31 05896032 frs-core:FurnitureFittings 2025-02-01 2026-01-31 05896032 frs-core:FurnitureFittings 2025-01-31 05896032 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2026-01-31 05896032 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-02-01 2026-01-31 05896032 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-01-31 05896032 frs-core:MotorVehicles 2026-01-31 05896032 frs-core:MotorVehicles 2025-02-01 2026-01-31 05896032 frs-core:MotorVehicles 2025-01-31 05896032 frs-core:PlantMachinery 2026-01-31 05896032 frs-core:PlantMachinery 2025-02-01 2026-01-31 05896032 frs-core:PlantMachinery 2025-01-31 05896032 frs-core:ShareCapital 2026-01-31 05896032 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 05896032 frs-bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 05896032 frs-bus:FilletedAccounts 2025-02-01 2026-01-31 05896032 frs-bus:SmallEntities 2025-02-01 2026-01-31 05896032 frs-bus:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 05896032 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 05896032 frs-bus:Director1 2025-02-01 2026-01-31 05896032 frs-bus:Director2 2025-02-01 2026-01-31 05896032 frs-bus:Director3 2025-02-01 2026-01-31 05896032 frs-countries:EnglandWales 2025-02-01 2026-01-31 05896032 2024-01-31 05896032 2025-01-31 05896032 2024-02-01 2025-01-31 05896032 frs-core:CurrentFinancialInstruments 2025-01-31 05896032 frs-core:Non-currentFinancialInstruments 2025-01-31 05896032 frs-core:ShareCapital 2025-01-31 05896032 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31
Registered number: 05896032
Guild Healthcare Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 05896032
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 123,587 130,691
123,587 130,691
CURRENT ASSETS
Stocks 5 680 867
Debtors 6 627,268 506,193
Cash at bank and in hand 97,168 65,308
725,116 572,368
Creditors: Amounts Falling Due Within One Year 7 (320,493 ) (211,947 )
NET CURRENT ASSETS (LIABILITIES) 404,623 360,421
TOTAL ASSETS LESS CURRENT LIABILITIES 528,210 491,112
Creditors: Amounts Falling Due After More Than One Year 8 (34,488 ) (6,967 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,714 ) (12,029 )
NET ASSETS 491,008 472,116
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Profit and Loss Account 490,008 471,116
SHAREHOLDERS' FUNDS 491,008 472,116
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For the year ending 31 January 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 H Day
Director
07/09/2026
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Guild Healthcare Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05896032 . The registered office is Unit 4, Oaks Farm, Springwood Lane, Woodton, Bungay, Suffolk, NR35 2NF.
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:
Leasehold 5% Straight line
Plant & Machinery 25% Straight line
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 25% Straight line
2.4. 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.
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2.5. 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.
2.6. 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 50 (2025: 50)
50 50
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 February 2025 16,560 1,837 155,427 64,250 238,074
Additions 13,624 1,808 56,950 3,804 76,186
Disposals - - (98,957 ) - (98,957 )
As at 31 January 2026 30,184 3,645 113,420 68,054 215,303
Depreciation
As at 1 February 2025 561 689 54,168 51,965 107,383
Provided during the period 1,052 516 20,065 6,407 28,040
Disposals - - (43,707 ) - (43,707 )
As at 31 January 2026 1,613 1,205 30,526 58,372 91,716
Net Book Value
As at 31 January 2026 28,571 2,440 82,894 9,682 123,587
As at 1 February 2025 15,999 1,148 101,259 12,285 130,691
5. Stocks
2026 2025
£ £
Stock 680 867
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 95,476 116,875
Amounts owed by participating interests 359,488 359,722
Other debtors 172,304 29,596
627,268 506,193
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7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 6,930 4,733
Trade creditors 13,895 13,862
Amounts owed to participating interests - 686
Other creditors 259,346 174,639
Taxation and social security 40,322 18,027
320,493 211,947
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 34,488 6,967
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1,000 1,000
10. Directors Advances, Credits and Guarantees
Included within creditors is a loan from the directors of £159,007 (2025: £102,152).
Included within debtors is a loan to a director of £106,553 (2025: £NIL).
The above loans are unsecured, have interest charged at the approved rate by HMRC and are repayable on demand.
11. Related Party Transactions
Included within debtors are loans totalling £359,488 (2025: £359,722) to companies related by common control of the directors.
Included within creditors are loans totalling £NIL (2025: £686) to companies related by common control of the directors.
The above loans are unsecured, interest free and repayable on demand.
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