Acorah Software Products - Accounts Production 19.4.351 false true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 02995967 Mr Joe Graham Mrs Alison Graham iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02995967 2025-03-31 02995967 2026-03-31 02995967 2025-04-01 2026-03-31 02995967 frs-core:CurrentFinancialInstruments 2026-03-31 02995967 frs-core:Non-currentFinancialInstruments 2026-03-31 02995967 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-04-01 2026-03-31 02995967 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2026-03-31 02995967 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-04-01 2026-03-31 02995967 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 02995967 frs-core:OtherResidualIntangibleAssets 2026-03-31 02995967 frs-core:OtherResidualIntangibleAssets 2025-04-01 2026-03-31 02995967 frs-core:OtherResidualIntangibleAssets 2025-03-31 02995967 frs-core:PlantMachinery 2026-03-31 02995967 frs-core:PlantMachinery 2025-04-01 2026-03-31 02995967 frs-core:PlantMachinery 2025-03-31 02995967 frs-core:SharePremium 2026-03-31 02995967 frs-core:ShareCapital 2026-03-31 02995967 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 02995967 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 02995967 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 02995967 frs-bus:SmallEntities 2025-04-01 2026-03-31 02995967 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 02995967 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 02995967 frs-bus:Director1 2025-04-01 2026-03-31 02995967 frs-bus:CompanySecretary1 2025-04-01 2026-03-31 02995967 frs-countries:EnglandWales 2025-04-01 2026-03-31 02995967 2024-03-31 02995967 2025-03-31 02995967 2024-04-01 2025-03-31 02995967 frs-core:CurrentFinancialInstruments 2025-03-31 02995967 frs-core:Non-currentFinancialInstruments 2025-03-31 02995967 frs-core:SharePremium 2025-03-31 02995967 frs-core:ShareCapital 2025-03-31 02995967 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 02995967
JOE GRAHAM & SON LIMITED
Unaudited Financial Statements
For The Year Ended 31 March 2026
Godfrey Laws & Co Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 02995967
2026 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 5,973
Tangible Assets 5 1,307,111 1,397,009
Investment Properties 6 480,524 480,524
1,787,635 1,883,506
CURRENT ASSETS
Stocks 7 720,460 636,279
Debtors 8 193,514 243,093
Cash at bank and in hand 638,773 553,819
1,552,747 1,433,191
Creditors: Amounts Falling Due Within One Year 9 (940,958 ) (851,232 )
NET CURRENT ASSETS (LIABILITIES) 611,789 581,959
TOTAL ASSETS LESS CURRENT LIABILITIES 2,399,424 2,465,465
Creditors: Amounts Falling Due After More Than One Year 10 (273,767 ) (321,451 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (11,071 ) (24,463 )
NET ASSETS 2,114,586 2,119,551
CAPITAL AND RESERVES
Called up share capital 11 100 100
Share premium account 113,026 113,026
Profit and Loss Account 2,001,460 2,006,425
SHAREHOLDERS' FUNDS 2,114,586 2,119,551
Page 1
Page 2
For the year ending 31 March 2026 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 Profit and Loss Account.
On behalf of the board
Mr Joe Graham
Director
5th August 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
JOE GRAHAM & SON LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 02995967 . The registered office is 1 Cosgrove Way, Luton, Bedfordshire, LU1 1XL.
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 assets computer software. It is amortised to the profit and loss account over its estimated economic life of 3 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:
Leasehold 10 years straight line
Plant & Machinery 25% reducing balance
2.5. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
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Page 4
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.
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: 24 (2025: )
24 -
4. Intangible Assets
Other
£
Cost
As at 1 April 2025 19,598
As at 31 March 2026 19,598
Amortisation
As at 1 April 2025 13,625
Provided during the period 5,973
As at 31 March 2026 19,598
...CONTINUED
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Net Book Value
As at 31 March 2026 -
As at 1 April 2025 5,973
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Total
£ £ £
Cost
As at 1 April 2025 1,421,396 980,683 2,402,079
Additions - 3,895 3,895
Disposals - (39,719 ) (39,719 )
As at 31 March 2026 1,421,396 944,859 2,366,255
Depreciation
As at 1 April 2025 305,952 699,118 1,005,070
Provided during the period 16,068 63,112 79,180
Disposals - (25,106 ) (25,106 )
As at 31 March 2026 322,020 737,124 1,059,144
Net Book Value
As at 31 March 2026 1,099,376 207,735 1,307,111
As at 1 April 2025 1,115,444 281,565 1,397,009
6. Investment Property
2026
£
Fair Value
As at 1 April 2025 and 31 March 2026 480,524
7. Stocks
2026 2025
£ £
Stock 720,460 636,279
Page 5
Page 6
8. Debtors
2026 2025
£ £
Due within one year
Trade debtors 76,030 126,841
Other debtors 117,484 116,252
193,514 243,093
9. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 327,325 290,711
Other creditors 472,114 420,263
Taxation and social security 141,519 140,258
940,958 851,232
10. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 273,767 321,451
11. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
Page 6