Acorah Software Products - Accounts Production 19.2.350 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 05659610 Mrs S Richards Mr M Richards Heelan Associates Ltd the directors true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05659610 2024-12-31 05659610 2025-12-31 05659610 2025-01-01 2025-12-31 05659610 frs-core:CurrentFinancialInstruments 2025-12-31 05659610 frs-core:Non-currentFinancialInstruments 2025-12-31 05659610 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-01-01 2025-12-31 05659610 frs-core:MotorVehicles 2025-12-31 05659610 frs-core:MotorVehicles 2025-01-01 2025-12-31 05659610 frs-core:MotorVehicles 2024-12-31 05659610 frs-core:OtherResidualIntangibleAssets 2025-12-31 05659610 frs-core:OtherResidualIntangibleAssets 2024-12-31 05659610 frs-core:PlantMachinery 2025-12-31 05659610 frs-core:PlantMachinery 2025-01-01 2025-12-31 05659610 frs-core:PlantMachinery 2024-12-31 05659610 frs-core:ShareCapital 2025-12-31 05659610 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 05659610 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 05659610 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 05659610 frs-bus:SmallEntities 2025-01-01 2025-12-31 05659610 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 05659610 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 05659610 1 2025-01-01 2025-12-31 05659610 frs-bus:Director1 2025-01-01 2025-12-31 05659610 frs-bus:Director2 2025-01-01 2025-12-31 05659610 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 05659610 frs-countries:EnglandWales 2025-01-01 2025-12-31 05659610 2023-12-31 05659610 2024-12-31 05659610 2024-01-01 2024-12-31 05659610 frs-core:CurrentFinancialInstruments 2024-12-31 05659610 frs-core:Non-currentFinancialInstruments 2024-12-31 05659610 frs-core:MotorVehicles 2024-01-01 2024-12-31 05659610 frs-core:ShareCapital 2024-12-31 05659610 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 05659610
Wessex Fluid Power (UK) Limited
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: 05659610
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 142 142
Tangible Assets 5 17,779 20,903
17,921 21,045
CURRENT ASSETS
Stocks 6 86,163 64,462
Debtors 7 169,066 192,621
Cash at bank and in hand 103,121 127,891
358,350 384,974
Creditors: Amounts Falling Due Within One Year 8 (260,298 ) (286,416 )
NET CURRENT ASSETS (LIABILITIES) 98,052 98,558
TOTAL ASSETS LESS CURRENT LIABILITIES 115,973 119,603
Creditors: Amounts Falling Due After More Than One Year 9 (6,715 ) (16,151 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,174 ) (3,717 )
NET ASSETS 106,084 99,735
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account 106,082 99,733
SHAREHOLDERS' FUNDS 106,084 99,735
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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.
On behalf of the board
Mrs S Richards
Director
29 September 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
Wessex Fluid Power (UK) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05659610 . The registered office is 1 The Briars, Waterberry Drive, Waterlooville, Hampshire, PO7 7YH.
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 - Other Intangible
Other intangible fixed assets are stated at cost less accumulated amortisation. Amortisation is provided on a straight line basis over its estimated economic life of 99 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:
Plant & Machinery over 5 years
Motor Vehicles over 5 years
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.
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2.7. 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: 6 (2024: 6)
6 6
4. Intangible Assets
Other
£
Cost
As at 1 January 2025 142
As at 31 December 2025 142
Net Book Value
As at 31 December 2025 142
As at 1 January 2025 142
5. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 January 2025 18,108 46,594 64,702
Additions 5,031 - 5,031
Disposals (3,258 ) - (3,258 )
As at 31 December 2025 19,881 46,594 66,475
Depreciation
As at 1 January 2025 12,693 31,106 43,799
Provided during the period 3,042 4,927 7,969
Disposals (3,072 ) - (3,072 )
As at 31 December 2025 12,663 36,033 48,696
...CONTINUED
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Net Book Value
As at 31 December 2025 7,218 10,561 17,779
As at 1 January 2025 5,415 15,488 20,903
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2025 2024
£ £
Motor Vehicles 8,458 -
6. Stocks
2025 2024
£ £
Stock 86,163 64,462
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 150,795 182,468
Amounts owed by participating interests 3,145 -
Other debtors 15,126 10,153
169,066 192,621
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 4,436 4,181
Trade creditors 163,290 199,553
Bank loans and overdrafts 5,000 10,000
Other creditors 51,924 28,137
Taxation and social security 35,648 44,545
260,298 286,416
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 6,715 11,151
Bank loans - 5,000
6,715 16,151
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
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11. Related Party Transactions
Included within other creditors is the amount of £40,921 owed to the directors. (2024 - £17,454). This amount is undated, unsecured, interest free and repayable upon demand.
12. Ultimate Controlling Party
The company's ultimate controlling party are the directors by virtue of their ownership of 100% of the issued share capital in the company.
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