Acorah Software Products - Accounts Production 19.4.351 false true 28 February 2025 1 March 2024 false 1 March 2025 28 February 2026 28 February 2026 03928106 Mr Gareth Hulme Mrs Joanna Hulme Mrs Joanna Hulme iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03928106 2025-02-28 03928106 2026-02-28 03928106 2025-03-01 2026-02-28 03928106 frs-core:CurrentFinancialInstruments 2026-02-28 03928106 frs-core:Non-currentFinancialInstruments 2026-02-28 03928106 frs-core:ComputerEquipment 2026-02-28 03928106 frs-core:ComputerEquipment 2025-03-01 2026-02-28 03928106 frs-core:ComputerEquipment 2025-02-28 03928106 frs-core:FurnitureFittings 2026-02-28 03928106 frs-core:FurnitureFittings 2025-03-01 2026-02-28 03928106 frs-core:FurnitureFittings 2025-02-28 03928106 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2026-02-28 03928106 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-01 2026-02-28 03928106 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-02-28 03928106 frs-core:PlantMachinery 2026-02-28 03928106 frs-core:PlantMachinery 2025-03-01 2026-02-28 03928106 frs-core:PlantMachinery 2025-02-28 03928106 frs-core:ShareCapital 2026-02-28 03928106 frs-core:RetainedEarningsAccumulatedLosses 2026-02-28 03928106 frs-bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 03928106 frs-bus:FilletedAccounts 2025-03-01 2026-02-28 03928106 frs-bus:SmallEntities 2025-03-01 2026-02-28 03928106 frs-bus:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 03928106 frs-bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 03928106 frs-bus:Director1 2025-03-01 2026-02-28 03928106 frs-bus:Director2 2025-03-01 2026-02-28 03928106 frs-bus:CompanySecretary1 2025-03-01 2026-02-28 03928106 frs-countries:EnglandWales 2025-03-01 2026-02-28 03928106 2024-02-29 03928106 2025-02-28 03928106 2024-03-01 2025-02-28 03928106 frs-core:CurrentFinancialInstruments 2025-02-28 03928106 frs-core:Non-currentFinancialInstruments 2025-02-28 03928106 frs-core:ShareCapital 2025-02-28 03928106 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28
Registered number: 03928106
Sharples Davies Limited
Unaudited Financial Statements
For The Year Ended 28 February 2026
Lumb Accountancy Services Limited
Chartered Certified Accountants
New Hall Hey Business Centre
New Hall Hey Road
Rawtenstall
Lancashire
BB4 6HL
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03928106
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,123 21,674
4,123 21,674
CURRENT ASSETS
Debtors 5 24,688 32,323
Cash at bank and in hand 122,419 58,643
147,107 90,966
Creditors: Amounts Falling Due Within One Year 6 (94,372 ) (71,913 )
NET CURRENT ASSETS (LIABILITIES) 52,735 19,053
TOTAL ASSETS LESS CURRENT LIABILITIES 56,858 40,727
Creditors: Amounts Falling Due After More Than One Year 7 - (6,154 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (700 ) (4,407 )
NET ASSETS 56,158 30,166
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 56,058 30,066
SHAREHOLDERS' FUNDS 56,158 30,166
Page 1
Page 2
For the year ending 28 February 2026 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 Joanna Hulme
Director
8 October 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
Sharples Davies Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03928106 . The registered office is 22 St Thomas's Road, Chorley, Lancashire, PR7 1HR.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Leasehold 2% straight line basis
Plant & Machinery 10% straight line basis
Fixtures & Fittings 10% straight line basis
Computer Equipment 33% straight line basis
2.4. 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: 4 (2025: 6)
4 6
Page 3
Page 4
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 March 2025 148,638 2,108 28,720 8,171 187,637
As at 28 February 2026 148,638 2,108 28,720 8,171 187,637
Depreciation
As at 1 March 2025 132,731 2,076 22,985 8,171 165,963
Provided during the period 14,646 32 2,873 - 17,551
As at 28 February 2026 147,377 2,108 25,858 8,171 183,514
Net Book Value
As at 28 February 2026 1,261 - 2,862 - 4,123
As at 1 March 2025 15,907 32 5,735 - 21,674
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 23,730 31,310
Other debtors 958 1,013
24,688 32,323
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 6,720 6,721
Bank loans and overdrafts 6,154 10,335
Amounts owed to participating interests 29,170 34,595
Other creditors 3,143 2,280
Taxation and social security 49,185 17,982
94,372 71,913
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans - 6,154
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
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9. Directors Advances, Credits and Guarantees
During the year Sharples Davies Limited has provided security by way of guarantee on a loan taken out by Mrs
P Hulme. The maximum liability that may be incurred by the company is £67,662 (2025 - £76,069). In
fulfilling the guarantee the amount paid and liability incurred amounted to £Nil (2024 - £Nil). £Nil was repaid
during the year (2024 - £Nil).
10. Dividends
2026 2025
£ £
On equity shares:
Final dividend paid 27,000 38,000
Page 5