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 08015872 Mr Matthew Morris Mrs Kirsten Morris Mr Mark Martin Mrs Kim Astley Mr Neil Astley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08015872 2025-03-31 08015872 2026-03-31 08015872 2025-04-01 2026-03-31 08015872 frs-core:CurrentFinancialInstruments 2026-03-31 08015872 frs-core:Non-currentFinancialInstruments 2026-03-31 08015872 frs-core:BetweenOneFiveYears 2026-03-31 08015872 frs-core:ComputerEquipment 2026-03-31 08015872 frs-core:ComputerEquipment 2025-04-01 2026-03-31 08015872 frs-core:ComputerEquipment 2025-03-31 08015872 frs-core:FurnitureFittings 2026-03-31 08015872 frs-core:FurnitureFittings 2025-04-01 2026-03-31 08015872 frs-core:FurnitureFittings 2025-03-31 08015872 frs-core:NetGoodwill 2026-03-31 08015872 frs-core:NetGoodwill 2025-04-01 2026-03-31 08015872 frs-core:NetGoodwill 2025-03-31 08015872 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2026-03-31 08015872 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 08015872 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 08015872 frs-core:MotorVehicles 2026-03-31 08015872 frs-core:MotorVehicles 2025-04-01 2026-03-31 08015872 frs-core:MotorVehicles 2025-03-31 08015872 frs-core:PlantMachinery 2026-03-31 08015872 frs-core:PlantMachinery 2025-04-01 2026-03-31 08015872 frs-core:PlantMachinery 2025-03-31 08015872 frs-core:WithinOneYear 2026-03-31 08015872 frs-core:RevaluationReserve 2025-03-31 08015872 frs-core:RevaluationReserve 2026-03-31 08015872 frs-core:ShareCapital 2026-03-31 08015872 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 08015872 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 08015872 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 08015872 frs-bus:SmallEntities 2025-04-01 2026-03-31 08015872 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 08015872 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 08015872 frs-core:ListedExchangeTraded 2026-03-31 08015872 frs-core:ListedExchangeTraded 2025-03-31 08015872 frs-core:CostValuation frs-core:ListedExchangeTraded 2025-03-31 08015872 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2026-03-31 08015872 frs-core:DisposalsRepaymentsInvestments frs-core:ListedExchangeTraded 2026-03-31 08015872 frs-core:CostValuation frs-core:ListedExchangeTraded 2026-03-31 08015872 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2025-03-31 08015872 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2026-03-31 08015872 frs-bus:Director1 2025-04-01 2026-03-31 08015872 frs-bus:Director2 2025-04-01 2026-03-31 08015872 frs-bus:Director3 2025-04-01 2026-03-31 08015872 frs-bus:Director4 2025-04-01 2026-03-31 08015872 frs-bus:Director5 2025-04-01 2026-03-31 08015872 frs-core:CurrentFinancialInstruments 1 2026-03-31 08015872 frs-core:CurrentFinancialInstruments 2 2026-03-31 08015872 frs-core:CurrentFinancialInstruments 3 2026-03-31 08015872 frs-core:CurrentFinancialInstruments 9 2026-03-31 08015872 frs-countries:EnglandWales 2025-04-01 2026-03-31 08015872 2024-03-31 08015872 2025-03-31 08015872 2024-04-01 2025-03-31 08015872 frs-core:CurrentFinancialInstruments 2025-03-31 08015872 frs-core:Non-currentFinancialInstruments 2025-03-31 08015872 frs-core:BetweenOneFiveYears 2025-03-31 08015872 frs-core:WithinOneYear 2025-03-31 08015872 frs-core:RevaluationReserve 2025-03-31 08015872 frs-core:ShareCapital 2025-03-31 08015872 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08015872 frs-core:CurrentFinancialInstruments 1 2025-03-31 08015872 frs-core:CurrentFinancialInstruments 2 2025-03-31 08015872 frs-core:CurrentFinancialInstruments 3 2025-03-31 08015872 frs-core:CurrentFinancialInstruments 9 2025-03-31
R V Astley Ltd
Financial Statements
For The Year Ended 31 March 2026
Wynniatt-Husey Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 08015872
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 1,951,667 2,055,701
Investments 6 283,082 565,449
2,234,749 2,621,150
CURRENT ASSETS
Stocks 7 1,963,929 2,069,781
Debtors 8 228,643 203,203
Cash at bank and in hand 210,956 401,193
2,403,528 2,674,177
Creditors: Amounts Falling Due Within One Year 9 (1,383,022 ) (1,536,799 )
NET CURRENT ASSETS (LIABILITIES) 1,020,506 1,137,378
TOTAL ASSETS LESS CURRENT LIABILITIES 3,255,255 3,758,528
Creditors: Amounts Falling Due After More Than One Year 10 (628,334 ) (719,652 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (81,311 ) (84,833 )
NET ASSETS 2,545,610 2,954,043
CAPITAL AND RESERVES
Called up share capital 12 100,007 100,007
Revaluation reserve 13 833,143 833,143
Profit and Loss Account 1,612,460 2,020,893
SHAREHOLDERS' FUNDS 2,545,610 2,954,043
Page 1
Page 2
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 Neil Astley
Director
28 October 2026
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
R V Astley Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08015872 . The registered office is Redhouse Industrial Estate Middlemore Lane, West Aldridge, Walsall, West Midlands, WS9 8EA.
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 0%
Plant & Machinery 15% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% straight line
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.
Page 3
Page 4
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 as follows:41 36 (2025: 41)
36 41
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2025 2,305,237
As at 31 March 2026 2,305,237
Amortisation
As at 1 April 2025 2,305,237
As at 31 March 2026 2,305,237
Net Book Value
As at 31 March 2026 -
As at 1 April 2025 -
Page 4
Page 5
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 April 2025 1,626,425 614,878 384,315 445,594
Additions - 769 - 7,481
Disposals - - (135,270 ) -
As at 31 March 2026 1,626,425 615,647 249,045 453,075
Depreciation
As at 1 April 2025 - 548,009 130,197 372,143
Provided during the period - 10,098 52,326 17,126
Disposals - - (90,457 ) -
As at 31 March 2026 - 558,107 92,066 389,269
Net Book Value
As at 31 March 2026 1,626,425 57,540 156,979 63,806
As at 1 April 2025 1,626,425 66,869 254,118 73,451
Computer Equipment Total
£ £
Cost
As at 1 April 2025 201,881 3,273,093
Additions 28,967 37,217
Disposals - (135,270 )
As at 31 March 2026 230,848 3,175,040
Depreciation
As at 1 April 2025 167,043 1,217,392
Provided during the period 16,888 96,438
Disposals - (90,457 )
As at 31 March 2026 183,931 1,223,373
Net Book Value
As at 31 March 2026 46,917 1,951,667
As at 1 April 2025 34,838 2,055,701
Page 5
Page 6
6. Investments
Listed
£
Cost
As at 1 April 2025 565,449
Additions 29,908
Disposals (312,275 )
As at 31 March 2026 283,082
Provision
As at 1 April 2025 -
As at 31 March 2026 -
Net Book Value
As at 31 March 2026 283,082
As at 1 April 2025 565,449
7. Stocks
2026 2025
£ £
Stock 1,963,929 2,069,781
8. Debtors
2026 2025
£ £
Due within one year
Trade debtors 3,714 89,436
Prepayments and accrued income 249 249
Other debtors. (46,013 ) (43,380 )
Other debtors - supplier deposits 270,693 156,898
228,643 203,203
9. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 32,048 32,196
Trade creditors 87,957 197,998
Corporation tax 26,804 10,528
Other taxes and social security 26,185 24,902
VAT 145,069 198,423
Net wages 7,259 7,255
Other creditors 523,703 547,607
SHS Balustrades Deposit Held 11,672 -
Other creditors (2) LIME LACE 3,896 -
Other creditors - NEST PENSIONS 3,819 3,880
...CONTINUED
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Accruals and deferred income 6,600 6,000
Directors' loan accounts 508,088 508,088
Drawings Account TFA (78 ) (78 )
1,383,022 1,536,799
10. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 100,004 147,229
Other loans 153,000 -
Cumulative preference share dividends unpaid 375,330 572,423
628,334 719,652
11. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 32,048 32,213
Later than one year and not later than five years 100,004 147,229
132,052 179,442
Less: Finance charges allocated to future periods - 17
132,052 179,425
12. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100,007 100,007
13. Reserves
Revaluation Reserve
£
As at 1 April 2025 833,143
As at 31 March 2026 833,143
Page 7