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 04146234 Mr Andrew Stewart Mr Fraser Stewart Mr Andrew Stewart iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04146234 2025-03-31 04146234 2026-03-31 04146234 2025-04-01 2026-03-31 04146234 frs-core:CurrentFinancialInstruments 2026-03-31 04146234 frs-core:Non-currentFinancialInstruments 2026-03-31 04146234 frs-core:BetweenOneFiveYears 2026-03-31 04146234 frs-core:ComputerEquipment 2026-03-31 04146234 frs-core:ComputerEquipment 2025-04-01 2026-03-31 04146234 frs-core:ComputerEquipment 2025-03-31 04146234 frs-core:FurnitureFittings 2026-03-31 04146234 frs-core:FurnitureFittings 2025-04-01 2026-03-31 04146234 frs-core:FurnitureFittings 2025-03-31 04146234 frs-core:NetGoodwill 2026-03-31 04146234 frs-core:NetGoodwill 2025-04-01 2026-03-31 04146234 frs-core:NetGoodwill 2025-03-31 04146234 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2026-03-31 04146234 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-04-01 2026-03-31 04146234 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 04146234 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 04146234 frs-core:MotorVehicles 2026-03-31 04146234 frs-core:MotorVehicles 2025-04-01 2026-03-31 04146234 frs-core:MotorVehicles 2025-03-31 04146234 frs-core:PlantMachinery 2026-03-31 04146234 frs-core:PlantMachinery 2025-04-01 2026-03-31 04146234 frs-core:PlantMachinery 2025-03-31 04146234 frs-core:WithinOneYear 2026-03-31 04146234 frs-core:ShareCapital 2026-03-31 04146234 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 04146234 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 04146234 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 04146234 frs-bus:SmallEntities 2025-04-01 2026-03-31 04146234 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 04146234 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 04146234 frs-bus:Director1 2025-04-01 2026-03-31 04146234 frs-bus:Director2 2025-04-01 2026-03-31 04146234 frs-bus:CompanySecretary1 2025-04-01 2026-03-31 04146234 frs-countries:EnglandWales 2025-04-01 2026-03-31 04146234 2024-03-31 04146234 2025-03-31 04146234 2024-04-01 2025-03-31 04146234 frs-core:CurrentFinancialInstruments 2025-03-31 04146234 frs-core:Non-currentFinancialInstruments 2025-03-31 04146234 frs-core:BetweenOneFiveYears 2025-03-31 04146234 frs-core:WithinOneYear 2025-03-31 04146234 frs-core:ShareCapital 2025-03-31 04146234 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 04146234
DUNCAN STEWART TEXTILES LIMITED
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04146234
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 37,119 73,158
37,119 73,158
CURRENT ASSETS
Stocks 6 252,905 307,102
Debtors 7 119,963 158,608
Cash at bank and in hand 201,127 202,656
573,995 668,366
Creditors: Amounts Falling Due Within One Year 8 (174,816 ) (202,809 )
NET CURRENT ASSETS (LIABILITIES) 399,179 465,557
TOTAL ASSETS LESS CURRENT LIABILITIES 436,298 538,715
Creditors: Amounts Falling Due After More Than One Year 9 (972 ) (12,639 )
NET ASSETS 435,326 526,076
CAPITAL AND RESERVES
Called up share capital 11 10,000 10,000
Profit and Loss Account 425,326 516,076
SHAREHOLDERS' FUNDS 435,326 526,076
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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 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
Mr Fraser Stewart
Director
13/10/2026
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
DUNCAN STEWART TEXTILES LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 04146234 . The registered office is 41b Beach Road, Littlehampton, West Sussex, BN17 5JA.
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 - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... 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:
Freehold 20% on cost
Leasehold 20% on cost
Plant & Machinery 25% on cost
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 20% on cost
Computer Equipment 25% on cost
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. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.8. 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: 20 (2025: 19)
20 19
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2025 150,000
As at 31 March 2026 150,000
Amortisation
As at 1 April 2025 150,000
As at 31 March 2026 150,000
Net Book Value
As at 31 March 2026 -
As at 1 April 2025 -
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5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 April 2025 24,932 319,821 4,909 118,649
Additions - - - -
As at 31 March 2026 24,932 319,821 4,909 118,649
Depreciation
As at 1 April 2025 23,513 268,825 4,890 103,095
Provided during the period 709 27,871 5 5,825
As at 31 March 2026 24,222 296,696 4,895 108,920
Net Book Value
As at 31 March 2026 710 23,125 14 9,729
As at 1 April 2025 1,419 50,996 19 15,554
Computer Equipment Total
£ £
Cost
As at 1 April 2025 97,587 565,898
Additions 2,534 2,534
As at 31 March 2026 100,121 568,432
Depreciation
As at 1 April 2025 92,417 492,740
Provided during the period 4,163 38,573
As at 31 March 2026 96,580 531,313
Net Book Value
As at 31 March 2026 3,541 37,119
As at 1 April 2025 5,170 73,158
6. Stocks
2026 2025
£ £
Stock 252,905 307,102
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7. Debtors
2026 2025
£ £
Due within one year
Trade debtors 45,192 95,351
Other debtors 74,771 63,257
119,963 158,608
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 1,667 1,667
Trade creditors 129,759 128,725
Bank loans and overdrafts 10,000 10,000
Other creditors 11,436 14,600
Taxation and social security 21,954 47,817
174,816 202,809
9. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 972 2,639
Bank loans - 10,000
972 12,639
10. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 1,667 1,667
Later than one year and not later than five years 972 2,639
2,639 4,306
2,639 4,306
11. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 10,000 10,000
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