Acorah Software Products - Accounts Production 19.2.450 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 08339002 David Brailsford iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08339002 2024-12-31 08339002 2025-12-31 08339002 2025-01-01 2025-12-31 08339002 frs-core:CurrentFinancialInstruments 2025-12-31 08339002 frs-core:Non-currentFinancialInstruments 2025-12-31 08339002 frs-core:ComputerEquipment 2025-12-31 08339002 frs-core:ComputerEquipment 2025-01-01 2025-12-31 08339002 frs-core:ComputerEquipment 2024-12-31 08339002 frs-core:FurnitureFittings 2025-12-31 08339002 frs-core:FurnitureFittings 2025-01-01 2025-12-31 08339002 frs-core:FurnitureFittings 2024-12-31 08339002 frs-core:MotorVehicles 2025-12-31 08339002 frs-core:MotorVehicles 2025-01-01 2025-12-31 08339002 frs-core:MotorVehicles 2024-12-31 08339002 frs-core:PlantMachinery 2025-01-01 2025-12-31 08339002 frs-core:RevaluationReserve 2024-12-31 08339002 frs-core:RevaluationReserve 2025-12-31 08339002 frs-core:SharePremium 2024-12-31 08339002 frs-core:SharePremium 2025-12-31 08339002 frs-core:ShareCapital 2025-12-31 08339002 frs-core:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 08339002 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-12-31 08339002 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 08339002 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 08339002 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 08339002 frs-bus:SmallEntities 2025-01-01 2025-12-31 08339002 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 08339002 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 08339002 frs-bus:Director1 2025-01-01 2025-12-31 08339002 frs-bus:Director1 2024-12-31 08339002 frs-bus:Director1 2025-12-31 08339002 frs-core:CurrentFinancialInstruments 2 2025-12-31 08339002 frs-countries:EnglandWales 2025-01-01 2025-12-31 08339002 2023-12-31 08339002 2024-12-31 08339002 2024-01-01 2024-12-31 08339002 frs-core:CurrentFinancialInstruments 2024-12-31 08339002 frs-core:Non-currentFinancialInstruments 2024-12-31 08339002 frs-core:RevaluationReserve 2024-12-31 08339002 frs-core:SharePremium 2024-12-31 08339002 frs-core:ShareCapital 2024-12-31 08339002 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 08339002 frs-core:CurrentFinancialInstruments 2 2024-12-31
Registered number: 08339002
Garrick Watchmakers Ltd
Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 08339002
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 139,663 87,922
139,663 87,922
CURRENT ASSETS
Stocks 5 159,065 144,604
Debtors 6 439,922 312,389
Cash at bank and in hand 277,153 102,078
876,140 559,071
Creditors: Amounts Falling Due Within One Year 7 (706,062 ) (467,561 )
NET CURRENT ASSETS (LIABILITIES) 170,078 91,510
TOTAL ASSETS LESS CURRENT LIABILITIES 309,741 179,432
Creditors: Amounts Falling Due After More Than One Year 8 - (1,375 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (33,641 ) (15,989 )
NET ASSETS 276,100 162,068
CAPITAL AND RESERVES
Called up share capital 9 250 100
Share premium account 120,008 -
Revaluation reserve 11 74,997 74,997
Income Statement 80,845 86,971
SHAREHOLDERS' FUNDS 276,100 162,068
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 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 Income Statement.
On behalf of the board
David Brailsford
Director
21/09/2026
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
Garrick Watchmakers Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08339002 . The registered office is The Greenhouse, 106-108 Ashbourne Road, Derby, DE22 3AG.
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.

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% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Straight Line
Computer Equipment 33% Straight Line
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.
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 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.

3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2025 2024
Office and administration 5 4
5 4
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Page 4
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2025 3,141 136,667 5,073 144,881
Additions - 70,042 4,126 74,168
As at 31 December 2025 3,141 206,709 9,199 219,049
Depreciation
As at 1 January 2025 1,178 51,799 3,982 56,959
Provided during the period 491 20,372 1,564 22,427
As at 31 December 2025 1,669 72,171 5,546 79,386
Net Book Value
As at 31 December 2025 1,472 134,538 3,653 139,663
As at 1 January 2025 1,963 84,868 1,091 87,922
5. Stocks
2025 2024
£ £
Stock 159,065 144,604
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 429,422 307,794
Other debtors 10,500 4,595
439,922 312,389
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 10,343 1,632
Bank loans and overdrafts 1,375 3,000
Other taxes and social security 21,208 9,576
Other creditors - 63,769
Deferred income 641,932 389,584
Accruals 2,340 -
Director's loan account 28,864 -
706,062 467,561
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Page 5
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 1,375
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 250 100
10. Directors Advances, Credits and Guarantees
Included within other credtors are the following loans from directors:
As at 1 January 2025 Amounts advanced Amounts repaid Amounts written off As at 31 December 2025
£ £ £ £ £
David Brailsford 46,868 (69,746 ) 51,741 - 28,864
The above loan is unsecured, interest free and repayable on demand.
11. Reserves
Share Premium Revaluation reserve Income Statement
£ £ £
As at 1 January 2025 - 74,997 86,971
Profit for the year and total comprehensive income - - 28,874
Dividends paid - - (35,000)
Arising on shares issued during the period 120,008 - -
As at 31 December 2025 120,008 74,997 80,845
The plant and machinery was revalued to market value at the year end 2023 by the director by £74,996.73.
Page 5