Acorah Software Products - Accounts Production 19.3.550 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 01330762 Mr D J Bailey-Vella Mr J Caddick Mr N Cameron Ms A Dunkley Ms V J Morrison-Hughes Ms J Risley Mr N Lee Mr N Northrop Ms H L Buswell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01330762 2024-12-31 01330762 2025-12-31 01330762 2025-01-01 2025-12-31 01330762 frs-core:CurrentFinancialInstruments 2025-12-31 01330762 frs-core:ComputerEquipment 2025-12-31 01330762 frs-core:ComputerEquipment 2025-01-01 2025-12-31 01330762 frs-core:ComputerEquipment 2024-12-31 01330762 frs-core:FurnitureFittings 2025-12-31 01330762 frs-core:FurnitureFittings 2025-01-01 2025-12-31 01330762 frs-core:FurnitureFittings 2024-12-31 01330762 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 01330762 frs-bus:CompanyLimitedByGuarantee 2025-01-01 2025-12-31 01330762 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 01330762 frs-bus:SmallEntities 2025-01-01 2025-12-31 01330762 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 01330762 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 01330762 frs-core:CostValuation 2024-12-31 01330762 frs-core:RevaluationsIncreaseDecreaseInInvestments 2025-12-31 01330762 frs-core:CostValuation 2025-12-31 01330762 frs-core:ListedExchangeTraded 2025-12-31 01330762 frs-core:ListedExchangeTraded 2024-12-31 01330762 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-12-31 01330762 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2025-12-31 01330762 frs-core:CostValuation frs-core:ListedExchangeTraded 2025-12-31 01330762 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-12-31 01330762 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2025-12-31 01330762 frs-core:UnlistedNon-exchangeTraded 2025-12-31 01330762 frs-core:UnlistedNon-exchangeTraded 2024-12-31 01330762 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 01330762 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:UnlistedNon-exchangeTraded 2025-12-31 01330762 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-12-31 01330762 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 01330762 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-12-31 01330762 frs-bus:Director1 2025-01-01 2025-12-31 01330762 frs-bus:Director2 2025-01-01 2025-12-31 01330762 frs-bus:Director3 2025-01-01 2025-12-31 01330762 frs-bus:Director4 2025-01-01 2025-12-31 01330762 frs-bus:Director5 2025-01-01 2025-12-31 01330762 frs-bus:Director6 2025-01-01 2025-12-31 01330762 frs-bus:Director7 2025-01-01 2025-12-31 01330762 frs-bus:Director8 2025-01-01 2025-12-31 01330762 frs-bus:Director9 2025-01-01 2025-12-31 01330762 frs-countries:EnglandWales 2025-01-01 2025-12-31 01330762 2023-12-31 01330762 2024-12-31 01330762 2024-01-01 2024-12-31 01330762 frs-core:CurrentFinancialInstruments 2024-12-31 01330762 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
The Association of Law Costs Draftsmen Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
The Laurel Partnership Ltd
16 Broad Street
Eye
Suffolk
IP23 7AF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 01330762
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 12,941 17,063
Investments 5 150,340 140,098
163,281 157,161
CURRENT ASSETS
Debtors 6 30,726 65,191
Cash at bank and in hand 192,990 124,317
223,716 189,508
Creditors: Amounts Falling Due Within One Year 7 (194,609 ) (174,324 )
NET CURRENT ASSETS (LIABILITIES) 29,107 15,184
TOTAL ASSETS LESS CURRENT LIABILITIES 192,388 172,345
PROVISIONS FOR LIABILITIES
Deferred Taxation (18,280 ) (17,107 )
NET ASSETS 174,108 155,238
Income and Expenditure Account 174,108 155,238
MEMBERS' FUNDS 174,108 155,238
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 Income and Expenditure Account.
On behalf of the board
Mr D J Bailey-Vella
Director
15/09/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Association of Law Costs Draftsmen Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 01330762 . The registered office is 16 Broad Street, Eye, Suffolk, IP23 7AF.
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 membership subscriptions and from the rendering of services. Turnover is reduced for estimated customer rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Fixtures & Fittings 25% reducing balance
Computer Equipment 33% straight line
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus 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 surplus. 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 surplus 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 surplus 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 asset reflects 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 or deferred tax for the year is recognised in surplus or deficit, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2025 286 21,274 21,560
Additions - 324 324
As at 31 December 2025 286 21,598 21,884
Depreciation
As at 1 January 2025 206 4,291 4,497
Provided during the period 20 4,426 4,446
As at 31 December 2025 226 8,717 8,943
Net Book Value
As at 31 December 2025 60 12,881 12,941
As at 1 January 2025 80 16,983 17,063
5. Investments
Listed Unlisted Total
£ £ £
Cost or Valuation
As at 1 January 2025 125,098 15,000 140,098
Revaluations 10,242 - 10,242
As at 31 December 2025 135,340 15,000 150,340
Provision
As at 1 January 2025 - - -
As at 31 December 2025 - - -
Net Book Value
As at 31 December 2025 135,340 15,000 150,340
As at 1 January 2025 125,098 15,000 140,098
Listed investments are shown at their stock market valuation at year-end.
Page 4
Page 5
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 26,705 18,825
Prepayments and accrued income 3,396 2,999
Other debtors 625 625
VAT - 60
Amounts owed by associates - 42,682
30,726 65,191
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 9,438 901
Corporation tax 4,456 3,217
Other taxes and social security 596 552
VAT 2,403 -
Other creditors 1,271 225
Accruals and deferred income 171,346 169,429
Amounts owed to associates 5,099 -
194,609 174,324
8. Related Party Transactions
The company is related to ALCD (Training) Limited and to Costs Lawyer Standards Board Limited. Unsecured loans between these are shown in the balance sheet notes
9. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £5.
Page 5