Acorah Software Products - Accounts Production 19.4.351 false true 30 June 2025 1 July 2024 false 1 July 2025 30 June 2026 30 June 2026 11420143 Girts Vitolins the Director Girts Vitolins true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11420143 2025-06-30 11420143 2026-06-30 11420143 2025-07-01 2026-06-30 11420143 frs-core:CurrentFinancialInstruments 2026-06-30 11420143 frs-core:Non-currentFinancialInstruments 2026-06-30 11420143 frs-core:ComputerEquipment 2026-06-30 11420143 frs-core:ComputerEquipment 2025-07-01 2026-06-30 11420143 frs-core:ComputerEquipment 2025-06-30 11420143 frs-core:FurnitureFittings 2026-06-30 11420143 frs-core:FurnitureFittings 2025-07-01 2026-06-30 11420143 frs-core:FurnitureFittings 2025-06-30 11420143 frs-core:MotorVehicles 2026-06-30 11420143 frs-core:MotorVehicles 2025-07-01 2026-06-30 11420143 frs-core:MotorVehicles 2025-06-30 11420143 frs-core:ShareCapital 2026-06-30 11420143 frs-core:RetainedEarningsAccumulatedLosses 2026-06-30 11420143 frs-bus:PrivateLimitedCompanyLtd 2025-07-01 2026-06-30 11420143 frs-bus:FilletedAccounts 2025-07-01 2026-06-30 11420143 frs-bus:SmallEntities 2025-07-01 2026-06-30 11420143 frs-bus:AuditExempt-NoAccountantsReport 2025-07-01 2026-06-30 11420143 frs-bus:SmallCompaniesRegimeForAccounts 2025-07-01 2026-06-30 11420143 1 2025-07-01 2026-06-30 11420143 frs-bus:Director1 2025-07-01 2026-06-30 11420143 frs-countries:EnglandWales 2025-07-01 2026-06-30 11420143 2024-06-30 11420143 2025-06-30 11420143 2024-07-01 2025-06-30 11420143 frs-core:CurrentFinancialInstruments 2025-06-30 11420143 frs-core:Non-currentFinancialInstruments 2025-06-30 11420143 frs-core:ShareCapital 2025-06-30 11420143 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30
Registered number: 11420143
Willox Electrical Ltd
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: 11420143
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,530 3,514
3,530 3,514
CURRENT ASSETS
Stocks 5 1,970 700
Debtors 6 2,746 10,290
Cash at bank and in hand 21,942 2,890
26,658 13,880
Creditors: Amounts Falling Due Within One Year 7 (15,646 ) (10,286 )
NET CURRENT ASSETS (LIABILITIES) 11,012 3,594
TOTAL ASSETS LESS CURRENT LIABILITIES 14,542 7,108
Creditors: Amounts Falling Due After More Than One Year 8 - (2,215 )
NET ASSETS 14,542 4,893
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 14,541 4,892
SHAREHOLDERS' FUNDS 14,542 4,893
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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 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
Girts Vitolins
Director
4 September 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
Willox Electrical Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11420143 . The registered office is 24 Ellison Avenue, Worcester, WR2 6EG.
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
Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales taxes or duty. The following criteria must also be met before revenue is recognised:
Sale of goods
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer, usually on dispatch of the goods, the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.
Rendering of services
Revenue 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. Full year depreciation is charged in the year of acquisition and none in the year of sale. 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:
Motor Vehicles 25% Reducing Balance
Furniture, fixtures and equipment 25% Reducing Balance
Computer Equipment 25% Reducing Balance
2.4. 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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2.5. 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: 1 (2025: 2)
1 2
4. Tangible Assets
Motor Vehicles Furniture, fixtures and equipment Computer Equipment Total
£ £ £ £
Cost
As at 1 July 2025 9,821 - - 9,821
Additions - 630 562 1,192
As at 30 June 2026 9,821 630 562 11,013
Depreciation
As at 1 July 2025 6,307 - - 6,307
Provided during the period 879 157 140 1,176
As at 30 June 2026 7,186 157 140 7,483
Net Book Value
As at 30 June 2026 2,635 473 422 3,530
As at 1 July 2025 3,514 - - 3,514
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5. Stocks
2026 2025
£ £
Stock 1,970 700
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 2,746 -
Other taxes and social security - 10,290
2,746 10,290
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Corporation tax 7,794 9,949
Other taxes and social security 664 -
VAT 4,451 -
Other creditors 2,005 337
Accruals and deferred income 121 -
Director's loan account 611 -
15,646 10,286
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans - 2,215
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1 1
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10. Dividends
2026 2025
£ £
On equity shares:
Interim dividend paid 21,826 17,539
11. Related Party Transactions
Included in creditors due within one year is an amount of £611 (2025: £0) owed to its director. The amount is interest free and repayable on demand.
12. Ultimate Controlling Party
The company's ultimate controlling party is the Director Girts Vitolins by virtue of his ownership of 100% of the issued share capital in the company.
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