Acorah Software Products - Accounts Production 19.4.351 false true true 30 June 2025 1 July 2024 false 1 July 2025 30 June 2026 30 June 2026 10505199 Mr Paul Bell Mr Ian Nolan true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10505199 2025-06-30 10505199 2026-06-30 10505199 2025-07-01 2026-06-30 10505199 frs-core:CurrentFinancialInstruments 2026-06-30 10505199 frs-core:Non-currentFinancialInstruments 2026-06-30 10505199 frs-core:BetweenOneFiveYears 2026-06-30 10505199 frs-core:MotorVehicles 2026-06-30 10505199 frs-core:MotorVehicles 2025-07-01 2026-06-30 10505199 frs-core:MotorVehicles 2025-06-30 10505199 frs-core:PlantMachinery 2026-06-30 10505199 frs-core:PlantMachinery 2025-07-01 2026-06-30 10505199 frs-core:PlantMachinery 2025-06-30 10505199 frs-core:WithinOneYear 2026-06-30 10505199 frs-core:ShareCapital 2026-06-30 10505199 frs-core:RetainedEarningsAccumulatedLosses 2026-06-30 10505199 frs-bus:PrivateLimitedCompanyLtd 2025-07-01 2026-06-30 10505199 frs-bus:FilletedAccounts 2025-07-01 2026-06-30 10505199 frs-bus:SmallEntities 2025-07-01 2026-06-30 10505199 frs-bus:AuditExempt-NoAccountantsReport 2025-07-01 2026-06-30 10505199 frs-bus:SmallCompaniesRegimeForAccounts 2025-07-01 2026-06-30 10505199 1 2025-07-01 2026-06-30 10505199 frs-bus:Director1 2025-07-01 2026-06-30 10505199 frs-bus:Director2 2025-07-01 2026-06-30 10505199 frs-countries:EnglandWales 2025-07-01 2026-06-30 10505199 2024-06-30 10505199 2025-06-30 10505199 2024-07-01 2025-06-30 10505199 frs-core:CurrentFinancialInstruments 2025-06-30 10505199 frs-core:Non-currentFinancialInstruments 2025-06-30 10505199 frs-core:BetweenOneFiveYears 2025-06-30 10505199 frs-core:WithinOneYear 2025-06-30 10505199 frs-core:ShareCapital 2025-06-30 10505199 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30
Registered number: 10505199
Keyne Leisure Limited
Unaudited Financial Statements
For The Year Ended 30 June 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 10505199
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 158,006 241,936
158,006 241,936
CURRENT ASSETS
Stocks 5 23,000 29,000
Debtors 6 657,794 526,035
680,794 555,035
Creditors: Amounts Falling Due Within One Year 7 (883,087 ) (597,586 )
NET CURRENT ASSETS (LIABILITIES) (202,293 ) (42,551 )
TOTAL ASSETS LESS CURRENT LIABILITIES (44,287 ) 199,385
Creditors: Amounts Falling Due After More Than One Year 8 (76,189 ) (138,352 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (39,502 ) (60,484 )
NET (LIABILITIES)/ASSETS (159,978 ) 549
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account (160,078 ) 449
SHAREHOLDERS' FUNDS (159,978) 549
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For the year ending 30 June 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 Paul Bell
Director
20th October 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
Keyne Leisure Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10505199 . The registered office is Unit 9A Reeds Farm Estate, Roxwell Road, Writtle, Essex, CM1 3ST.
The trading address is Northfield Gate, Northfield Drive, Milton Keynes, MK15 0DQ.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
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 25% Reducing balance
Motor Vehicles 25% Reducing balance
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 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.
2.8. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 48 (2025: 41)
48 41
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 July 2025 30,053 312,246 342,299
Additions 24,640 - 24,640
Disposals - (112,561 ) (112,561 )
As at 30 June 2026 54,693 199,685 254,378
Depreciation
As at 1 July 2025 7,476 92,887 100,363
Provided during the period 8,211 39,667 47,878
Disposals - (51,869 ) (51,869 )
As at 30 June 2026 15,687 80,685 96,372
Net Book Value
As at 30 June 2026 39,006 119,000 158,006
As at 1 July 2025 22,577 219,359 241,936
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5. Stocks
2026 2025
£ £
Finished goods 23,000 29,000
6. Debtors
2026 2025
£ £
Due within one year
Other debtors 657,794 526,035
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 45,907 67,043
Trade creditors 70,836 61,304
Bank loans and overdrafts 26,093 22,848
Other creditors 724,402 420,048
Taxation and social security 15,849 26,343
883,087 597,586
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 57,834 114,975
Bank loans 18,355 23,377
76,189 138,352
9. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 45,907 67,043
Later than one year and not later than five years 57,834 114,975
103,741 182,018
103,741 182,018
10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
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11. Related Party Transactions
Mercury Leisure LimitedParent companyAn interest free loan has been provided to the related party of £396,709 (2025: £358,024) at the year end. Rent is charged from the parent company of £216,000 per annum (2025: £216,000).

Mercury Leisure Limited

Parent company

An interest free loan has been provided to the related party of £396,709 (2025: £358,024) at the year end. Rent is charged from the parent company of £216,000 per annum (2025: £216,000).

12. Ultimate Controlling Party
Mercury Leisure Limited is the controlling party by virtue of 100% shareholding.
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