Acorah Software Products - Accounts Production 19.4.351 false true 31 January 2025 1 February 2024 false 1 February 2025 31 January 2026 31 January 2026 SC392161 Mr Colin Wardrope Colin Wardrop true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC392161 2025-01-31 SC392161 2026-01-31 SC392161 2025-02-01 2026-01-31 SC392161 frs-core:CurrentFinancialInstruments 2026-01-31 SC392161 frs-core:Non-currentFinancialInstruments 2026-01-31 SC392161 frs-core:BetweenOneFiveYears 2026-01-31 SC392161 frs-core:ComputerEquipment 2026-01-31 SC392161 frs-core:ComputerEquipment 2025-02-01 2026-01-31 SC392161 frs-core:ComputerEquipment 2025-01-31 SC392161 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2026-01-31 SC392161 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-02-01 2026-01-31 SC392161 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-31 SC392161 frs-core:MotorVehicles 2026-01-31 SC392161 frs-core:MotorVehicles 2025-02-01 2026-01-31 SC392161 frs-core:MotorVehicles 2025-01-31 SC392161 frs-core:PlantMachinery 2026-01-31 SC392161 frs-core:PlantMachinery 2025-02-01 2026-01-31 SC392161 frs-core:PlantMachinery 2025-01-31 SC392161 frs-core:WithinOneYear 2026-01-31 SC392161 frs-core:ShareCapital 2026-01-31 SC392161 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 SC392161 frs-bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 SC392161 frs-bus:FilletedAccounts 2025-02-01 2026-01-31 SC392161 frs-bus:SmallEntities 2025-02-01 2026-01-31 SC392161 frs-bus:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 SC392161 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 SC392161 1 2025-02-01 2026-01-31 SC392161 frs-bus:Director1 2025-02-01 2026-01-31 SC392161 frs-countries:Scotland 2025-02-01 2026-01-31 SC392161 2024-01-31 SC392161 2025-01-31 SC392161 2024-02-01 2025-01-31 SC392161 frs-core:CurrentFinancialInstruments 2025-01-31 SC392161 frs-core:Non-currentFinancialInstruments 2025-01-31 SC392161 frs-core:BetweenOneFiveYears 2025-01-31 SC392161 frs-core:WithinOneYear 2025-01-31 SC392161 frs-core:ShareCapital 2025-01-31 SC392161 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31
Registered number: SC392161
Conveyorworks Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2026
Dunellan Accountancy Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: SC392161
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 144,897 159,557
144,897 159,557
CURRENT ASSETS
Stocks 5 49,185 44,059
Debtors 6 246,092 258,557
Cash at bank and in hand 289,998 233,453
585,275 536,069
Creditors: Amounts Falling Due Within One Year 7 (243,554 ) (262,142 )
NET CURRENT ASSETS (LIABILITIES) 341,721 273,927
TOTAL ASSETS LESS CURRENT LIABILITIES 486,618 433,484
Creditors: Amounts Falling Due After More Than One Year 8 (62,543 ) (77,600 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (31,460 ) (34,079 )
NET ASSETS 392,615 321,805
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 392,515 321,705
SHAREHOLDERS' FUNDS 392,615 321,805
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For the year ending 31 January 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 Colin Wardrope
Director
02/10/2026
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
Conveyorworks Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC392161 . The registered office is 10 Clearfield Avenue, Hamilton, ML3 9BU.
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 5% straight line
Plant & Machinery 25% on reducing balance
Motor Vehicles 25% on reducing balance
Computer Equipment 25% on reducing balance
2.4. 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.
2.5. 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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2.6. 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.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.The charge for the year was £63,847 (2025 £21,044)
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2025: 7)
7 7
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 February 2025 2,667 213,859 126,091 17,630 360,247
Additions - 16,902 - 645 17,547
As at 31 January 2026 2,667 230,761 126,091 18,275 377,794
Depreciation
As at 1 February 2025 433 155,260 32,134 12,863 200,690
Provided during the period 134 17,467 13,360 1,246 32,207
As at 31 January 2026 567 172,727 45,494 14,109 232,897
Net Book Value
As at 31 January 2026 2,100 58,034 80,597 4,166 144,897
As at 1 February 2025 2,234 58,599 93,957 4,767 159,557
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5. Stocks
2026 2025
£ £
Stock 49,185 44,059
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 243,163 255,628
Prepayments and accrued income 2,929 2,929
246,092 258,557
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 15,057 18,813
Trade creditors 146,080 150,492
Bank loans and overdrafts - 13,063
Corporation tax 53,356 33,130
Other taxes and social security 5,466 5,640
VAT 11,512 29,941
Other creditors 1,523 1,565
Accruals and deferred income 10,560 9,360
Director's loan account - 138
243,554 262,142
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 62,543 77,600
9. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 15,057 18,813
Later than one year and not later than five years 62,543 77,600
77,600 96,413
77,600 96,413
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10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
11. Ultimate Controlling Party
The company's ultimate controlling party is Colin Wardrop by virtue of his ownership of 75% of the issued share capital in the company.
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