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 5006348 MR DAVID REES Mr CLEMENT LECOINTE Mr CLEMENT LECOINTE iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 5006348 2025-02-28 5006348 2026-02-28 5006348 2025-03-01 2026-02-28 5006348 frs-core:CurrentFinancialInstruments 2026-02-28 5006348 frs-core:ComputerEquipment 2026-02-28 5006348 frs-core:ComputerEquipment 2025-03-01 2026-02-28 5006348 frs-core:ComputerEquipment 2025-02-28 5006348 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-03-01 2026-02-28 5006348 frs-core:FurnitureFittings 2026-02-28 5006348 frs-core:FurnitureFittings 2025-03-01 2026-02-28 5006348 frs-core:FurnitureFittings 2025-02-28 5006348 frs-core:NetGoodwill 2026-02-28 5006348 frs-core:NetGoodwill 2025-03-01 2026-02-28 5006348 frs-core:NetGoodwill 2025-02-28 5006348 frs-core:MotorVehicles 2026-02-28 5006348 frs-core:MotorVehicles 2025-03-01 2026-02-28 5006348 frs-core:MotorVehicles 2025-02-28 5006348 frs-core:OtherResidualIntangibleAssets 2026-02-28 5006348 frs-core:OtherResidualIntangibleAssets 2025-03-01 2026-02-28 5006348 frs-core:OtherResidualIntangibleAssets 2025-02-28 5006348 frs-core:PlantMachinery 2026-02-28 5006348 frs-core:PlantMachinery 2025-03-01 2026-02-28 5006348 frs-core:PlantMachinery 2025-02-28 5006348 frs-core:RevaluationReserve 2025-02-28 5006348 frs-core:RevaluationReserve 2026-02-28 5006348 frs-core:ShareCapital 2026-02-28 5006348 frs-core:RetainedEarningsAccumulatedLosses 2025-03-01 2026-02-28 5006348 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2025-02-28 5006348 frs-core:RetainedEarningsAccumulatedLosses 2026-02-28 5006348 frs-bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 5006348 frs-bus:FilletedAccounts 2025-03-01 2026-02-28 5006348 frs-bus:SmallEntities 2025-03-01 2026-02-28 5006348 frs-bus:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 5006348 frs-bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 5006348 frs-bus:Director1 2025-03-01 2026-02-28 5006348 frs-bus:Director2 2025-03-01 2026-02-28 5006348 frs-bus:CompanySecretary1 2025-03-01 2026-02-28 5006348 frs-core:CurrentFinancialInstruments 1 2026-02-28 5006348 frs-core:CurrentFinancialInstruments 2 2026-02-28 5006348 frs-core:CurrentFinancialInstruments 3 2026-02-28 5006348 frs-countries:EnglandWales 2025-03-01 2026-02-28 5006348 2024-02-29 5006348 2025-02-28 5006348 2024-03-01 2025-02-28 5006348 frs-core:CurrentFinancialInstruments 2025-02-28 5006348 frs-core:RevaluationReserve 2025-02-28 5006348 frs-core:ShareCapital 2025-02-28 5006348 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 5006348 frs-core:CurrentFinancialInstruments 1 2025-02-28 5006348 frs-core:CurrentFinancialInstruments 2 2025-02-28 5006348 frs-core:CurrentFinancialInstruments 3 2025-02-28
Registered number: 5006348
HOMESUPPLY RETAIL LIMITED
Unaudited Financial Statements
For The Year Ended 28 February 2026
PATRICK JAMES AND CO (SW) LTD
CPAA
ROOM G2, MOUNT WISE HOUSE
I DISCOVERY ROAD
MOUNT WISE, PLYMOUTH
DEVON
PL1 4QU
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 5006348
2026 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 100,000 120,000
Tangible Assets 5 3,306 1,963
103,306 121,963
CURRENT ASSETS
Stocks 6 20,503 27,807
Debtors 7 51,202 44,642
Cash at bank and in hand 439,329 329,276
511,034 401,725
Creditors: Amounts Falling Due Within One Year 8 (366,339 ) (311,952 )
NET CURRENT ASSETS (LIABILITIES) 144,695 89,773
TOTAL ASSETS LESS CURRENT LIABILITIES 248,001 211,736
NET ASSETS 248,001 211,736
CAPITAL AND RESERVES
Called up share capital 9 150 150
Revaluation reserve 10 199,550 199,550
Profit and Loss Account 48,301 12,036
SHAREHOLDERS' FUNDS 248,001 211,736
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
Mr CLEMENT LECOINTE
Director
31/07/2026
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
HOMESUPPLY RETAIL LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 5006348 . The registered office is UNIT 8, FARADAY MILL BUSINESS PARK, PLYMOUTH, DEVON, PL4 0ST.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.
2.5. 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:
Office Equipment 25% SL
Computer Equipment 25% SL
Fixtures & Fittings 25% SL
Showroom Displays 25% SL
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. 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.
Page 3
Page 4
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 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.
2.9. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2025: 12)
12 12
4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 1 March 2025 200,000 427 200,427
As at 28 February 2026 200,000 427 200,427
Amortisation
As at 1 March 2025 80,000 427 80,427
Provided during the period 20,000 - 20,000
As at 28 February 2026 100,000 427 100,427
Net Book Value
As at 28 February 2026 100,000 - 100,000
As at 1 March 2025 120,000 - 120,000
Page 4
Page 5
5. Tangible Assets
Office Equipment Computer Equipment Fixtures & Fittings Showroom Displays Total
£ £ £ £ £
Cost
As at 1 March 2025 903 18,517 10,190 30,846 60,456
Additions 840 100 - 1,924 2,864
As at 28 February 2026 1,743 18,617 10,190 32,770 63,320
Depreciation
As at 1 March 2025 353 17,248 10,046 30,846 58,493
Provided during the period 135 913 36 437 1,521
As at 28 February 2026 488 18,161 10,082 31,283 60,014
Net Book Value
As at 28 February 2026 1,255 456 108 1,487 3,306
As at 1 March 2025 550 1,269 144 - 1,963
6. Stocks
2026 2025
£ £
Finished goods 20,503 27,807
7. Debtors
2026 2025
£ £
Due within one year
Trade debtors 47,807 38,163
Staff Loans 100 1,300
Pre-payments 3,295 5,179
51,202 44,642
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 291,219 254,436
Corporation tax 35,571 21,778
Other taxes and social security 3,758 2,009
VAT 29,925 28,474
Inventory 1,618 1,618
Accruals 1,088 1,808
Pensions 717 617
Homesupply CC A/C 1,240 50
Directors' loan accounts 1,203 1,162
366,339 311,952
Page 5
Page 6
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 150 150
10. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 March 2025 199,550 12,036
Profit for the year and total comprehensive income - 94,265
Dividends paid - (58,000)
As at 28 February 2026 199,550 48,301
Page 6