Acorah Software Products - Accounts Production 19.4.351 false true 31 May 2025 1 June 2024 false 1 June 2025 31 May 2026 31 May 2026 01442379 Mr G R Wilson Mrs R Wilson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01442379 2025-05-31 01442379 2026-05-31 01442379 2025-06-01 2026-05-31 01442379 frs-core:CurrentFinancialInstruments 2026-05-31 01442379 frs-core:ComputerEquipment 2026-05-31 01442379 frs-core:ComputerEquipment 2025-06-01 2026-05-31 01442379 frs-core:ComputerEquipment 2025-05-31 01442379 frs-core:MotorVehicles 2026-05-31 01442379 frs-core:MotorVehicles 2025-06-01 2026-05-31 01442379 frs-core:MotorVehicles 2025-05-31 01442379 frs-core:PlantMachinery 2026-05-31 01442379 frs-core:PlantMachinery 2025-06-01 2026-05-31 01442379 frs-core:PlantMachinery 2025-05-31 01442379 frs-core:ShareCapital 2026-05-31 01442379 frs-core:RetainedEarningsAccumulatedLosses 2026-05-31 01442379 frs-bus:PrivateLimitedCompanyLtd 2025-06-01 2026-05-31 01442379 frs-bus:FilletedAccounts 2025-06-01 2026-05-31 01442379 frs-bus:SmallEntities 2025-06-01 2026-05-31 01442379 frs-bus:AuditExempt-NoAccountantsReport 2025-06-01 2026-05-31 01442379 frs-bus:SmallCompaniesRegimeForAccounts 2025-06-01 2026-05-31 01442379 frs-bus:Director1 2025-06-01 2026-05-31 01442379 frs-bus:CompanySecretary1 2025-06-01 2026-05-31 01442379 frs-countries:EnglandWales 2025-06-01 2026-05-31 01442379 2024-05-31 01442379 2025-05-31 01442379 2024-06-01 2025-05-31 01442379 frs-core:CurrentFinancialInstruments 2025-05-31 01442379 frs-core:ShareCapital 2025-05-31 01442379 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31
Registered number: 01442379
G. Wilson (Fibres) Limited
Unaudited Financial Statements
For The Year Ended 31 May 2026
Harris Lacey and Swain
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 01442379
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,370 11,623
3,370 11,623
CURRENT ASSETS
Stocks 5 73,000 100,000
Debtors 6 275,485 302,651
Cash at bank and in hand 298,364 316,033
646,849 718,684
Creditors: Amounts Falling Due Within One Year 7 (174,554 ) (191,737 )
NET CURRENT ASSETS (LIABILITIES) 472,295 526,947
TOTAL ASSETS LESS CURRENT LIABILITIES 475,665 538,570
NET ASSETS 475,665 538,570
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 475,565 538,470
SHAREHOLDERS' FUNDS 475,665 538,570
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For the year ending 31 May 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 G R Wilson
Director
26/10/2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
G. Wilson (Fibres) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01442379 . The registered office is Ings Mill, Scout Hill Road, Dewsbury, WF13 3RQ.
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. Significant judgements and estimations
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on the Directors’ best knowledge of the amount, events or actions, actual results ultimately differ from these estimates. The Directors do not consider there to be any material estimates and judgements.
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.
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.
The company sources materials for customers due to the contacts it gained throughout its historic trading period.
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 20% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 20% 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.
2.6. 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.
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2.7. 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.
2.8. Financial Instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors are initially recognised at transaction value and subsequently measure at their settlement value.
2.9. 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.
2.10. 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.
2.11. 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: 1 (2025: 1)
1 1
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 June 2025 14,856 41,190 26,962 83,008
Disposals - (41,190 ) - (41,190 )
As at 31 May 2026 14,856 - 26,962 41,818
Depreciation
As at 1 June 2025 13,288 33,776 24,321 71,385
Provided during the period 313 - 526 839
Disposals - (33,776 ) - (33,776 )
As at 31 May 2026 13,601 - 24,847 38,448
Net Book Value
As at 31 May 2026 1,255 - 2,115 3,370
As at 1 June 2025 1,568 7,414 2,641 11,623
5. Stocks
2026 2025
£ £
Stock 73,000 100,000
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 164,231 120,893
Other debtors 111,254 181,758
275,485 302,651
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 161,053 181,230
Other creditors 5,668 5,916
Taxation and social security 7,833 4,591
174,554 191,737
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
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