Acorah Software Products - Accounts Production 19.3.600 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 07448340 Adam Joyce Liam Joyce Claire Price iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07448340 2024-12-31 07448340 2025-12-31 07448340 2025-01-01 2025-12-31 07448340 frs-core:CurrentFinancialInstruments 2025-12-31 07448340 frs-core:Non-currentFinancialInstruments 2025-12-31 07448340 frs-core:BetweenOneFiveYears 2025-12-31 07448340 frs-core:ComputerEquipment 2025-12-31 07448340 frs-core:ComputerEquipment 2025-01-01 2025-12-31 07448340 frs-core:ComputerEquipment 2024-12-31 07448340 frs-core:FurnitureFittings 2025-12-31 07448340 frs-core:FurnitureFittings 2025-01-01 2025-12-31 07448340 frs-core:FurnitureFittings 2024-12-31 07448340 frs-core:MotorVehicles 2025-12-31 07448340 frs-core:MotorVehicles 2025-01-01 2025-12-31 07448340 frs-core:MotorVehicles 2024-12-31 07448340 frs-core:WithinOneYear 2025-12-31 07448340 frs-core:ShareCapital 2025-12-31 07448340 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 07448340 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 07448340 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 07448340 frs-bus:SmallEntities 2025-01-01 2025-12-31 07448340 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 07448340 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 07448340 frs-bus:Director1 2025-01-01 2025-12-31 07448340 frs-bus:Director1 2024-12-31 07448340 frs-bus:Director1 2025-12-31 07448340 frs-bus:Director2 2025-01-01 2025-12-31 07448340 frs-bus:Director2 2024-12-31 07448340 frs-bus:Director2 2025-12-31 07448340 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 07448340 frs-countries:EnglandWales 2025-01-01 2025-12-31 07448340 2023-12-31 07448340 2024-12-31 07448340 2024-01-01 2024-12-31 07448340 frs-core:CurrentFinancialInstruments 2024-12-31 07448340 frs-core:Non-currentFinancialInstruments 2024-12-31 07448340 frs-core:BetweenOneFiveYears 2024-12-31 07448340 frs-core:WithinOneYear 2024-12-31 07448340 frs-core:ShareCapital 2024-12-31 07448340 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 07448340
Eco-Thermal Insulations Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
Kerrs Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07448340
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 35,226 25,236
35,226 25,236
CURRENT ASSETS
Stocks 5 74,444 141,452
Debtors 6 163,597 205,332
Cash at bank and in hand 55,308 117,845
293,349 464,629
Creditors: Amounts Falling Due Within One Year 7 (190,851 ) (298,262 )
NET CURRENT ASSETS (LIABILITIES) 102,498 166,367
TOTAL ASSETS LESS CURRENT LIABILITIES 137,724 191,603
Creditors: Amounts Falling Due After More Than One Year 8 (32,977 ) (31,899 )
NET ASSETS 104,747 159,704
CAPITAL AND RESERVES
Called up share capital 10 20 20
Profit and Loss Account 104,727 159,684
SHAREHOLDERS' FUNDS 104,747 159,704
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.
On behalf of the board
Adam Joyce
Director
10/09/2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Eco-Thermal Insulations Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07448340 . The registered office is Kingfisher House, 21-23 Elmfield Road, Bromley, Kent, BR1 1LT.
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:
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
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.
Page 3
Page 4
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 4)
5 4
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2025 47,944 1,834 5,379 55,157
Additions 20,278 - 1,454 21,732
As at 31 December 2025 68,222 1,834 6,833 76,889
...CONTINUED
Page 4
Page 5
Depreciation
As at 1 January 2025 24,775 458 4,688 29,921
Provided during the period 10,861 344 537 11,742
As at 31 December 2025 35,636 802 5,225 41,663
Net Book Value
As at 31 December 2025 32,586 1,032 1,608 35,226
As at 1 January 2025 23,169 1,376 691 25,236
5. Stocks
2025 2024
£ £
Work in progress 74,444 141,452
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 120,888 165,001
Other debtors 42,709 40,331
163,597 205,332
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 11,327 6,642
Trade creditors 87,757 178,373
Bank loans and overdrafts 4,032 4,032
Other creditors 36,624 32,280
Taxation and social security 51,111 76,935
190,851 298,262
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 19,199 14,089
Bank loans 13,778 17,810
32,977 31,899
Page 5
Page 6
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 11,327 6,642
Later than one year and not later than five years 19,199 14,089
30,526 20,731
30,526 20,731
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 20 20
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2025 Amounts advanced Amounts repaid Amounts written off As at 31 December 2025
£ £ £ £ £
Mr Adam Joyce 4,597 37,991 9,616 - 32,972
Mr Liam Joyce 6,511 30,362 7,650 - 29,223
The above loan is unsecured, interest free and repayable on demand.
Page 6