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 03323507 Mr Peter Judd Mr Samuel Dalloway iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03323507 2024-12-31 03323507 2025-12-31 03323507 2025-01-01 2025-12-31 03323507 frs-core:CurrentFinancialInstruments 2025-12-31 03323507 frs-core:Non-currentFinancialInstruments 2025-12-31 03323507 frs-core:BetweenOneFiveYears 2025-12-31 03323507 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-01-01 2025-12-31 03323507 frs-core:FurnitureFittings 2025-12-31 03323507 frs-core:FurnitureFittings 2025-01-01 2025-12-31 03323507 frs-core:FurnitureFittings 2024-12-31 03323507 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-12-31 03323507 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 03323507 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 03323507 frs-core:MotorVehicles 2025-12-31 03323507 frs-core:MotorVehicles 2025-01-01 2025-12-31 03323507 frs-core:MotorVehicles 2024-12-31 03323507 frs-core:OtherResidualIntangibleAssets 2025-12-31 03323507 frs-core:OtherResidualIntangibleAssets 2025-01-01 2025-12-31 03323507 frs-core:OtherResidualIntangibleAssets 2024-12-31 03323507 frs-core:PlantMachinery 2025-12-31 03323507 frs-core:PlantMachinery 2025-01-01 2025-12-31 03323507 frs-core:PlantMachinery 2024-12-31 03323507 frs-core:WithinOneYear 2025-12-31 03323507 frs-core:ShareCapital 2025-12-31 03323507 frs-core:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 03323507 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-12-31 03323507 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 03323507 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 03323507 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 03323507 frs-bus:SmallEntities 2025-01-01 2025-12-31 03323507 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 03323507 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 03323507 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-12-31 03323507 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-12-31 03323507 frs-bus:Director1 2025-01-01 2025-12-31 03323507 frs-bus:Director2 2025-01-01 2025-12-31 03323507 frs-countries:EnglandWales 2025-01-01 2025-12-31 03323507 2023-12-31 03323507 2024-12-31 03323507 2024-01-01 2024-12-31 03323507 frs-core:CurrentFinancialInstruments 2024-12-31 03323507 frs-core:Non-currentFinancialInstruments 2024-12-31 03323507 frs-core:BetweenOneFiveYears 2024-12-31 03323507 frs-core:WithinOneYear 2024-12-31 03323507 frs-core:ShareCapital 2024-12-31 03323507 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 03323507 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-12-31
Registered number: 03323507
Judd Medical Ltd
Financial Statements
For The Year Ended 31 December 2025
Lsd Accountants Ltd
Chartered Accountants
23 Stockwood Business Park
Redditch
Worcestershire
B96 6SX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 03323507
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 1,125
Tangible Assets 5 757,962 740,261
757,962 741,386
CURRENT ASSETS
Stocks 6 1,147,581 970,724
Debtors 7 387,709 428,345
Cash at bank and in hand 825,305 846,071
2,360,595 2,245,140
Creditors: Amounts Falling Due Within One Year 8 (371,841 ) (393,532 )
NET CURRENT ASSETS (LIABILITIES) 1,988,754 1,851,608
TOTAL ASSETS LESS CURRENT LIABILITIES 2,746,716 2,592,994
Creditors: Amounts Falling Due After More Than One Year 9 (40,296 ) (38,920 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (99,885 ) (106,928 )
NET ASSETS 2,606,535 2,447,146
CAPITAL AND RESERVES
Called up share capital 11 4 4
Fair value reserve 12 345,966 366,966
Profit and Loss Account 2,260,565 2,080,176
SHAREHOLDERS' FUNDS 2,606,535 2,447,146
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
Mr Peter Judd
Director
03/08/2026
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Judd Medical Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 03323507 . The registered office is Unity House, Buntsford Park Road, Bromsgrove, Worcs, B60 3DX.
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.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are website cost. It is amortised to profit and loss account over its estimated economic life of 3 years.
2.4. 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:
Freehold Not Provided
Plant & Machinery 33% on reducing balance
Motor Vehicles 20% on reducing balance
Fixtures & Fittings 33% on reducing balance
Freehold property is shown at the most recent valuation. Any aggregate or deficit arising from chnages in fair value is recognised under movement to fair value reserve.
2.5. 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.
2.6. 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.
2.7. 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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2.8. 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: 17 (2024: 15)
17 15
4. Intangible Assets
Other
£
Cost
As at 1 January 2025 6,750
As at 31 December 2025 6,750
Amortisation
As at 1 January 2025 5,625
Provided during the period 1,125
As at 31 December 2025 6,750
Net Book Value
As at 31 December 2025 -
As at 1 January 2025 1,125
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Page 5
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost or Valuation
As at 1 January 2025 700,000 40,692 43,525 39,109 823,326
Additions - 3,277 54,260 754 58,291
Disposals - - (4,075 ) - (4,075 )
Revaluation (21,000 ) - - - (21,000 )
As at 31 December 2025 679,000 43,969 93,710 39,863 856,542
Depreciation
As at 1 January 2025 - 30,329 20,367 32,369 83,065
Provided during the period - 3,959 11,533 2,429 17,921
Disposals - - (2,406 ) - (2,406 )
As at 31 December 2025 - 34,288 29,494 34,798 98,580
Net Book Value
As at 31 December 2025 679,000 9,681 64,216 5,065 757,962
As at 1 January 2025 700,000 10,363 23,158 6,740 740,261
Land and buildings were revalued to fair value on 31 December 2025.
6. Stocks
2025 2024
£ £
Stock 1,147,581 970,724
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 370,129 411,474
Prepayments and accrued income 4,780 4,071
Other debtors 2,800 2,800
377,709 418,345
Due after more than one year
Amounts owed by associates 10,000 10,000
387,709 428,345
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8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 7,500 -
Trade creditors 140,642 151,791
Bank loans and overdrafts 10,315 9,437
Other loans Due in 12 months 5,556 5,556
Corporation tax 81,985 100,644
Other taxes and social security 26,255 9,951
VAT 90,475 24,566
Other creditors 7,367 8,371
Accruals and deferred income 550 4,383
Directors' loan accounts 1,196 78,833
371,841 393,532
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 18,125 -
Bank loans 1-2 years 2,726 9,437
Other loans 1-2 years 5,556 5,556
Bank Loans 2-5 years - 4,482
Other loans After 5 years - 2,778
Other loans 2-5 years 13,889 16,667
40,296 38,920
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 8,685 -
Later than one year and not later than five years 20,989 -
29,674 -
Less: Finance charges allocated to future periods 4,049 -
25,625 -
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 4 4
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12. Reserves
Fair value reserve Profit and Loss Account
£ £
As at 1 January 2025 366,966 2,080,176
Profit for the year and total comprehensive income - 236,789
Dividends paid - (56,400)
Movements in fair value reserve (21,000) -
As at 31 December 2025 345,966 2,260,565
13. Related Party Transactions
Amount owed by associates includes amount owed by Judd Animal Helathcare Ltd. in which Samuel James Dalloway and Peter John Judd both are Directors
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