Acorah Software Products - Accounts Production 19.4.300 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 00559151 Mrs J Pryce Mr S Pryce Mrs J Pryce iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00559151 2024-12-31 00559151 2025-12-31 00559151 2025-01-01 2025-12-31 00559151 frs-core:CurrentFinancialInstruments 2025-12-31 00559151 frs-core:Non-currentFinancialInstruments 2025-12-31 00559151 frs-core:ComputerEquipment 2025-01-01 2025-12-31 00559151 frs-core:FurnitureFittings 2025-12-31 00559151 frs-core:FurnitureFittings 2025-01-01 2025-12-31 00559151 frs-core:FurnitureFittings 2024-12-31 00559151 frs-core:NetGoodwill 2025-12-31 00559151 frs-core:NetGoodwill 2025-01-01 2025-12-31 00559151 frs-core:NetGoodwill 2024-12-31 00559151 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-12-31 00559151 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-01-01 2025-12-31 00559151 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 00559151 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-12-31 00559151 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 00559151 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 00559151 frs-core:MotorVehicles 2025-12-31 00559151 frs-core:MotorVehicles 2025-01-01 2025-12-31 00559151 frs-core:MotorVehicles 2024-12-31 00559151 frs-core:PlantMachinery 2025-12-31 00559151 frs-core:PlantMachinery 2025-01-01 2025-12-31 00559151 frs-core:PlantMachinery 2024-12-31 00559151 frs-core:OtherReservesSubtotal 2025-12-31 00559151 frs-core:RevaluationReserve 2025-12-31 00559151 frs-core:ShareCapital 2025-12-31 00559151 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 00559151 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 00559151 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 00559151 frs-bus:SmallEntities 2025-01-01 2025-12-31 00559151 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 00559151 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 00559151 frs-core:UnlistedNon-exchangeTraded 2025-12-31 00559151 frs-core:UnlistedNon-exchangeTraded 2024-12-31 00559151 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 00559151 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-12-31 00559151 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 00559151 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-12-31 00559151 frs-bus:Director1 2025-01-01 2025-12-31 00559151 frs-bus:Director2 2025-01-01 2025-12-31 00559151 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 00559151 frs-countries:EnglandWales 2025-01-01 2025-12-31 00559151 2023-12-31 00559151 2024-12-31 00559151 2024-01-01 2024-12-31 00559151 frs-core:CurrentFinancialInstruments 2024-12-31 00559151 frs-core:Non-currentFinancialInstruments 2024-12-31 00559151 frs-core:OtherReservesSubtotal 2024-12-31 00559151 frs-core:RevaluationReserve 2024-12-31 00559151 frs-core:ShareCapital 2024-12-31 00559151 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 00559151
R.J. Pryce & Co. Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 00559151
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 101,644 373,190
Investments 6 920 920
102,564 374,110
CURRENT ASSETS
Stocks 7 377,974 413,307
Debtors 8 247,041 561,699
Cash at bank and in hand 281,773 826,577
906,788 1,801,583
Creditors: Amounts Falling Due Within One Year 9 (277,163 ) (1,463,097 )
NET CURRENT ASSETS (LIABILITIES) 629,625 338,486
TOTAL ASSETS LESS CURRENT LIABILITIES 732,189 712,596
Creditors: Amounts Falling Due After More Than One Year 10 (25,000 ) (25,000 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (18,082 ) -
NET ASSETS 689,107 687,596
CAPITAL AND RESERVES
Called up share capital 11 1,000 1,000
Revaluation reserve - 322,933
Other reserves 51,000 148,479
Profit and Loss Account 637,107 215,184
SHAREHOLDERS' FUNDS 689,107 687,596
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 S Pryce
Director
21 September 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
R.J. Pryce & Co. Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00559151 . The registered office is 3a Quay View Business Park, Barnards Way, Lowestoft, Suffolk, NR32 2HD.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 20 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 2% on cost
Leasehold 10% on cost
Plant & Machinery 15% to 30% on reducing balance
Motor Vehicles 20% on reducing balance and 20% on cost
Fixtures & Fittings 15% to 30% on reducing balance
Computer Equipment 15% to 30% on reducing balance
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.
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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 year 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 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 profit or loss, except when they related 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 14 (2024: 16)
14 16
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2025 27,500
As at 31 December 2025 27,500
Amortisation
As at 1 January 2025 27,500
As at 31 December 2025 27,500
Net Book Value
As at 31 December 2025 -
As at 1 January 2025 -
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5. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Motor Vehicles
£ £ £ £
Cost
As at 1 January 2025 550,000 - 65,203 68,293
Additions - 35,814 4,831 25,490
Disposals (550,000 ) - (44,204 ) (42,567 )
As at 31 December 2025 - 35,814 25,830 51,216
Depreciation
As at 1 January 2025 208,987 - 51,651 54,463
Provided during the period 5,500 1,492 3,303 3,190
Disposals (214,487 ) - (43,509 ) (36,258 )
As at 31 December 2025 - 1,492 11,445 21,395
Net Book Value
As at 31 December 2025 - 34,322 14,385 29,821
As at 1 January 2025 341,013 - 13,552 13,830
Fixtures & Fittings Total
£ £
Cost
As at 1 January 2025 43,106 726,602
Additions 23,919 90,054
Disposals (30,930 ) (667,701 )
As at 31 December 2025 36,095 148,955
Depreciation
As at 1 January 2025 38,311 353,412
Provided during the period 4,289 17,774
Disposals (29,621 ) (323,875 )
As at 31 December 2025 12,979 47,311
Net Book Value
As at 31 December 2025 23,116 101,644
As at 1 January 2025 4,795 373,190
Page 5
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6. Investments
Unlisted
£
Cost or Valuation
As at 1 January 2025 920
As at 31 December 2025 920
Provision
As at 1 January 2025 -
As at 31 December 2025 -
Net Book Value
As at 31 December 2025 920
As at 1 January 2025 920
7. Stocks
2025 2024
£ £
Stock 377,974 413,307
8. Debtors
2025 2024
£ £
Due within one year
Trade debtors 222,416 291,576
Other debtors 24,625 270,123
247,041 561,699
9. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 80,664 124,374
Bank loans and overdrafts - 39,921
Amounts owed to participating interests 50,000 -
Other creditors 29,682 1,040,194
Taxation and social security 116,817 258,608
277,163 1,463,097
10. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other creditors 25,000 25,000
Page 6
Page 7
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 7