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 02994804 Mr B L Clarke Mrs L I Clarke Mr R B Clarke Mr D J Clarke Mrs L I Clarke iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02994804 2024-12-31 02994804 2025-12-31 02994804 2025-01-01 2025-12-31 02994804 frs-core:CurrentFinancialInstruments 2025-12-31 02994804 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-12-31 02994804 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 02994804 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 02994804 frs-core:PlantMachinery 2025-12-31 02994804 frs-core:PlantMachinery 2025-01-01 2025-12-31 02994804 frs-core:PlantMachinery 2024-12-31 02994804 frs-core:ShareCapital 2025-12-31 02994804 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 02994804 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 02994804 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 02994804 frs-bus:SmallEntities 2025-01-01 2025-12-31 02994804 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 02994804 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 02994804 frs-bus:Director1 2025-01-01 2025-12-31 02994804 frs-bus:Director2 2025-01-01 2025-12-31 02994804 frs-bus:Director3 2025-01-01 2025-12-31 02994804 frs-bus:Director4 2025-01-01 2025-12-31 02994804 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 02994804 frs-countries:EnglandWales 2025-01-01 2025-12-31 02994804 2023-12-31 02994804 2024-12-31 02994804 2024-01-01 2024-12-31 02994804 frs-core:CurrentFinancialInstruments 2024-12-31 02994804 frs-core:ShareCapital 2024-12-31 02994804 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 02994804
Access Chemicals Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 02994804
2025 2024
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 466,250 420,153
466,250 420,153
CURRENT ASSETS
Stocks 6 10,000 10,000
Debtors 7 251,597 237,120
Cash at bank and in hand 448,048 444,457
709,645 691,577
Creditors: Amounts Falling Due Within One Year 8 (193,447 ) (246,229 )
NET CURRENT ASSETS (LIABILITIES) 516,198 445,348
TOTAL ASSETS LESS CURRENT LIABILITIES 982,448 865,501
NET ASSETS 982,448 865,501
CAPITAL AND RESERVES
Called up share capital 9 54,000 54,000
Profit and Loss Account 928,448 811,501
SHAREHOLDERS' FUNDS 982,448 865,501
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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.
The financial statements were approved by the board of directors on 26 August 2026 and were signed on its behalf by:
Mrs L I Clarke
Director
26 August 2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Access Chemicals Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02994804 . The registered office is Access House, Hedging Lane Wilnecote, Tamworth, Staffs, B77 5EX.
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:
Freehold Not Depreciated
Plant & Machinery 15% Reducing Balance
It is the company's policy to maintain its property to a high standard through a continuing programme of 
refurbishment and maintenance and consequently the useful economic life of the property and its residual 
value is such that any depreciation would be immaterial. In accordance with FRS102 directors carry out a 
review for impairment when events or changes in circumstances indicate that the carrying amount of the fixed 
assets may not be recoverable. In the opinion of the directors the residual value of the buildings will at least 
equal their book value. No provision has therefore been made, contrary to FRS102.
2.4. 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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2.5. 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: 8)
5 8
4. Prior Period Adjustment
The financial statments have been restated to incorporate the correction of omitted dividends from year end 31 December 2024.
Summary of the prior year accounting impact:
Increase in final dividends paid - £25,000
Increase in other creditors - directors loan account - £25,000
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5. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 January 2025 375,357 116,173 491,530
Additions - 62,137 62,137
As at 31 December 2025 375,357 178,310 553,667
Depreciation
As at 1 January 2025 - 71,377 71,377
Provided during the period - 16,040 16,040
As at 31 December 2025 - 87,417 87,417
Net Book Value
As at 31 December 2025 375,357 90,893 466,250
As at 1 January 2025 375,357 44,796 420,153
6. Stocks
2025 2024
as restated
£ £
Stock 10,000 10,000
7. Debtors
2025 2024
as restated
£ £
Due within one year
Trade debtors 246,744 237,120
Other debtors 4,853 -
251,597 237,120
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8. Creditors: Amounts Falling Due Within One Year
2025 2024
as restated
£ £
Trade creditors 118,642 140,275
Other creditors 21,545 39,839
Taxation and social security 53,260 66,115
193,447 246,229
9. Share Capital
2025 2024
as restated
£ £
Allotted, Called up and fully paid 54,000 54,000
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