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 05739154 Mr Daniel Emuss iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05739154 2025-01-31 05739154 2026-01-31 05739154 2025-02-01 2026-01-31 05739154 frs-core:CurrentFinancialInstruments 2026-01-31 05739154 frs-core:Non-currentFinancialInstruments 2026-01-31 05739154 frs-core:ComputerEquipment 2026-01-31 05739154 frs-core:ComputerEquipment 2025-02-01 2026-01-31 05739154 frs-core:ComputerEquipment 2025-01-31 05739154 frs-core:PlantMachinery 2026-01-31 05739154 frs-core:PlantMachinery 2025-02-01 2026-01-31 05739154 frs-core:PlantMachinery 2025-01-31 05739154 frs-core:ShareCapital 2026-01-31 05739154 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 05739154 frs-bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 05739154 frs-bus:FilletedAccounts 2025-02-01 2026-01-31 05739154 frs-bus:SmallEntities 2025-02-01 2026-01-31 05739154 frs-bus:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 05739154 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 05739154 frs-bus:Director1 2025-02-01 2026-01-31 05739154 frs-countries:EnglandWales 2025-02-01 2026-01-31 05739154 2024-01-31 05739154 2025-01-31 05739154 2024-02-01 2025-01-31 05739154 frs-core:CurrentFinancialInstruments 2025-01-31 05739154 frs-core:Non-currentFinancialInstruments 2025-01-31 05739154 frs-core:ShareCapital 2025-01-31 05739154 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31
Registered number: 05739154
Independent Composites Limited
Unaudited Financial Statements
For The Year Ended 31 January 2026
Jon Line Accountancy Limited
65, Bishopsworth Road
Bristol
BS13 7JW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05739154
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 161,783 192,872
161,783 192,872
CURRENT ASSETS
Debtors 5 8,838 30,258
Cash at bank and in hand 2,168 53,871
11,006 84,129
Creditors: Amounts Falling Due Within One Year 6 (38,039 ) (68,804 )
NET CURRENT ASSETS (LIABILITIES) (27,033 ) 15,325
TOTAL ASSETS LESS CURRENT LIABILITIES 134,750 208,197
Creditors: Amounts Falling Due After More Than One Year 7 (143,566 ) (176,330 )
NET (LIABILITIES)/ASSETS (8,816 ) 31,867
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account (9,816 ) 30,867
SHAREHOLDERS' FUNDS (8,816) 31,867
Page 1
Page 2
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 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 Daniel Emuss
Director
24th June 2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Independent Composites Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05739154 . The registered office is Underfall Yard, Cumberland Road, Bristol, BS1 6XG.
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:
Plant & Machinery 15.00
Computer Equipment 33.00
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2026 2025
Manufacturing 2 2
2 2
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 February 2025 256,623 7,550 264,173
Additions - 1,067 1,067
As at 31 January 2026 256,623 8,617 265,240
Depreciation
As at 1 February 2025 63,886 7,415 71,301
Provided during the period 31,943 213 32,156
As at 31 January 2026 95,829 7,628 103,457
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 January 2026 160,794 989 161,783
As at 1 February 2025 192,737 135 192,872
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 8,005 2,918
Prepayments and accrued income 833 957
VAT - 26,383
8,838 30,258
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 4,939 33,949
Bank loans and overdrafts 28,942 -
Other taxes and social security 534 4,181
VAT 1,619 -
Accruals and deferred income 750 750
Director's loan account 1,255 29,924
38,039 68,804
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 16,533 20,780
Other loans 127,033 155,550
143,566 176,330
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 4