Acorah Software Products - Accounts Production 16.6.950 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 02234634 P A Waldron L C Waldron H P Stingel L C Waldron iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02234634 2024-03-31 02234634 2025-03-31 02234634 2024-04-01 2025-03-31 02234634 frs-core:CurrentFinancialInstruments 2025-03-31 02234634 frs-core:Non-currentFinancialInstruments 2025-03-31 02234634 frs-core:BetweenOneFiveYears 2025-03-31 02234634 frs-core:ComputerEquipment 2025-03-31 02234634 frs-core:ComputerEquipment 2024-04-01 2025-03-31 02234634 frs-core:ComputerEquipment 2024-03-31 02234634 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 02234634 frs-core:InvestmentPropertyIncludedWithinPPE 2025-03-31 02234634 frs-core:InvestmentPropertyIncludedWithinPPE 2024-04-01 2025-03-31 02234634 frs-core:InvestmentPropertyIncludedWithinPPE 2024-03-31 02234634 frs-core:MotorVehicles 2025-03-31 02234634 frs-core:MotorVehicles 2024-04-01 2025-03-31 02234634 frs-core:MotorVehicles 2024-03-31 02234634 frs-core:OtherResidualIntangibleAssets 2025-03-31 02234634 frs-core:OtherResidualIntangibleAssets 2024-04-01 2025-03-31 02234634 frs-core:OtherResidualIntangibleAssets 2024-03-31 02234634 frs-core:PlantMachinery 2025-03-31 02234634 frs-core:PlantMachinery 2024-04-01 2025-03-31 02234634 frs-core:PlantMachinery 2024-03-31 02234634 frs-core:WithinOneYear 2025-03-31 02234634 frs-core:CapitalRedemptionReserve 2025-03-31 02234634 frs-core:RevaluationReserve 2025-03-31 02234634 frs-core:ShareCapital 2025-03-31 02234634 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 02234634 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 02234634 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 02234634 frs-bus:SmallEntities 2024-04-01 2025-03-31 02234634 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 02234634 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 02234634 frs-bus:OrdinaryShareClass1 2024-04-01 2025-03-31 02234634 frs-bus:OrdinaryShareClass1 2025-03-31 02234634 frs-core:CostValuation 2024-03-31 02234634 frs-core:CostValuation 2025-03-31 02234634 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 02234634 frs-core:ProvisionsForImpairmentInvestments 2025-03-31 02234634 frs-bus:Director1 2024-04-01 2025-03-31 02234634 frs-bus:Director2 2024-04-01 2025-03-31 02234634 frs-bus:Director3 2024-04-01 2025-03-31 02234634 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 02234634 frs-countries:EnglandWales 2024-04-01 2025-03-31 02234634 2023-03-31 02234634 2024-03-31 02234634 2023-04-01 2024-03-31 02234634 frs-core:CurrentFinancialInstruments 2024-03-31 02234634 frs-core:Non-currentFinancialInstruments 2024-03-31 02234634 frs-core:BetweenOneFiveYears 2024-03-31 02234634 frs-core:WithinOneYear 2024-03-31 02234634 frs-core:CapitalRedemptionReserve 2024-03-31 02234634 frs-core:RevaluationReserve 2024-03-31 02234634 frs-core:ShareCapital 2024-03-31 02234634 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 02234634 frs-bus:OrdinaryShareClass1 2023-04-01 2024-03-31
Registered number: 02234634
Casdron Enterprises Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 02234634
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 27,309 31,991
Tangible Assets 5 92,347 2,798,996
Investments 6 44,200 44,200
163,856 2,875,187
CURRENT ASSETS
Stocks 7 276,678 260,352
Debtors 8 1,821,667 703,602
Cash at bank and in hand 530,496 1,903,543
2,628,841 2,867,497
Creditors: Amounts Falling Due Within One Year 9 (808,206 ) (812,911 )
NET CURRENT ASSETS (LIABILITIES) 1,820,635 2,054,586
TOTAL ASSETS LESS CURRENT LIABILITIES 1,984,491 4,929,773
Creditors: Amounts Falling Due After More Than One Year 10 (142,197 ) (161,174 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (30,939 ) (31,313 )
NET ASSETS 1,811,355 4,737,286
CAPITAL AND RESERVES
Called up share capital 11 75 75
Revaluation reserve - 229,291
Capital redemption reserve 25 25
Profit and Loss Account 1,811,255 4,507,895
SHAREHOLDERS' FUNDS 1,811,355 4,737,286
Page 1
Page 2
For the year ending 31 March 2025 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
P A Waldron
Director
25/11/2025
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
Casdron Enterprises Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02234634 . The registered office is Wood End, Prospect Road, Alresford, Hampshire, SO24 9QF.
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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the goods;
• the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor    effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company; and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.
Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.
All intangible fixed assets are considered to have a finite useful life. if a reliable estimate of useful life cannot be made, the useful life shall not exceed ten years.
Amortisation is provided on the following bases :
Website                                                             10% Straight line
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
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 are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as
incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.
Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.
2.8. 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.
2.9. 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.
2.10. Investments
Investment in subsidiaries are measured at cost less accumulated impairment.
Investment in unlisted company share, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gain and losses on remeasurement are recognised in statement of income and retain earnings for the period. Where market value cannot be reliably measured, such investment are stated at historic cost less impairment.
2.11. Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
2.12. Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2024: 9)
10 9
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4. Intangible Assets
Other
£
Cost
As at 1 April 2024 46,817
As at 31 March 2025 46,817
Amortisation
As at 1 April 2024 14,826
Provided during the period 4,682
As at 31 March 2025 19,508
Net Book Value
As at 31 March 2025 27,309
As at 1 April 2024 31,991
5. Tangible Assets
Investment Properties Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost or Valuation
As at 1 April 2024 2,683,121 153,666 47,688 18,374 2,902,849
Additions 563,405 2,776 - 15,167 581,348
Disposals (3,017,235 ) - (23,438 ) - (3,040,673 )
Revaluation (229,291 ) - - - (229,291 )
As at 31 March 2025 - 156,442 24,250 33,541 214,233
Depreciation
As at 1 April 2024 - 78,825 17,038 7,990 103,853
Provided during the period - 15,524 7,663 5,100 28,287
Disposals - - (10,254 ) - (10,254 )
As at 31 March 2025 - 94,349 14,447 13,090 121,886
Net Book Value
As at 31 March 2025 - 62,093 9,803 20,451 92,347
As at 1 April 2024 2,683,121 74,841 30,650 10,384 2,798,996
6. Investments
Other
£
Cost or Valuation
As at 1 April 2024 44,200
As at 31 March 2025 44,200
Provision
As at 1 April 2024 -
As at 31 March 2025 -
...CONTINUED
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Net Book Value
As at 31 March 2025 44,200
As at 1 April 2024 44,200
7. Stocks
2025 2024
£ £
Work in progress 276,678 260,352
8. Debtors
2025 2024
£ £
Due within one year
Trade debtors 192,320 185,185
Prepayments and accrued income 9,155 21,607
Other debtors 515,453 492,935
Amounts owed by group undertakings 1,104,739 3,875
1,821,667 703,602
9. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 121,303 136,925
Corporation tax 4,823 70,664
Other taxes and social security 4,188 6,820
VAT 57,968 66,940
Other creditors 24,000 29,023
Accruals and deferred income 3,847 3,720
Directors' loan accounts 592,077 498,819
808,206 812,911
10. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other creditors 142,197 161,174
11. Share Capital
2025 2024
Allotted, called up and fully paid £ £
75 Ordinary Shares of £ 1.00 each 75 75
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12. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 7,709 -
Later than one year and not later than five years 17,345 -
25,054 -
13. Pension Commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. Pension contributions of £441 (2024: £527) were payable at the balance sheet date.
14. Related Party Transactions
At the Balance Sheet date the company owed £592,077 (2024 : £498,819) to the directors.
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