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Registered number: 04583962
St Joseph Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Lennards
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—7
Page 1
Balance Sheet
Registered number: 04583962
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 22,015 21,455
22,015 21,455
CURRENT ASSETS
Stocks 6 29,305 25,161
Debtors 7 499,102 386,454
Cash at bank and in hand 541,111 703,543
1,069,518 1,115,158
Creditors: Amounts Falling Due Within One Year 8 (353,536 ) (474,118 )
NET CURRENT ASSETS (LIABILITIES) 715,982 641,040
TOTAL ASSETS LESS CURRENT LIABILITIES 737,997 662,495
Creditors: Amounts Falling Due After More Than One Year 9 (14,862 ) -
NET ASSETS 723,135 662,495
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 723,035 662,395
SHAREHOLDERS' FUNDS 723,135 662,495
Page 1
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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
Mr Mark Anthony Whyte
Director
13/11/2025
The notes on pages 4 to 7 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 April 2023 100 649,683 649,783
Profit for the year and total comprehensive income - 12,712 12,712
As at 31 March 2024 and 1 April 2024 100 662,395 662,495
Profit for the year and total comprehensive income - 60,640 60,640
As at 31 March 2025 100 723,035 723,135
Page 3
Page 4
Notes to the Financial Statements
1. General Information
St Joseph Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04583962 . The registered office is The Vicarage 31 Great King Street, Macclesfield, Cheshire, SK11 6PL.
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:
Plant & Machinery 20% per annum of cost
Computer Equipment 25% per annum of cost
2.5. 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.
2.6. 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.
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2.7. 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.
2.8. 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:
2025 2024
Office and administration 1 2
Manufacturing 35 38
36 40
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 275,588
As at 31 March 2025 275,588
...CONTINUED
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Page 6
Amortisation
As at 1 April 2024 275,588
As at 31 March 2025 275,588
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 760,526 12,396 772,922
Additions 8,285 - 8,285
As at 31 March 2025 768,811 12,396 781,207
Depreciation
As at 1 April 2024 741,513 9,954 751,467
Provided during the period 6,965 760 7,725
As at 31 March 2025 748,478 10,714 759,192
Net Book Value
As at 31 March 2025 20,333 1,682 22,015
As at 1 April 2024 19,013 2,442 21,455
6. Stocks
2025 2024
£ £
Finished goods 29,305 25,161
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,039 41,066
Prepayments and accrued income 22,629 18,807
Other debtors 300 300
Directors' loan accounts - 50,000
Amounts owed by group undertakings 432,541 259,986
Amounts owed by other participating interests 42,593 16,295
499,102 386,454
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8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 219,966 212,697
Bank loans and overdrafts 5,948 -
Corporation tax 8,225 16,643
Other taxes and social security - 1,554
VAT 43,259 97,787
Other creditors 2,589 6,498
Accruals and deferred income 48,804 82,599
Directors' loan accounts 250 250
Amounts owed to group undertakings 1,430 -
Amounts owed to other participating interests 23,065 56,090
353,536 474,118
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 14,862 -
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
11. Directors Advances, Credits and Guarantees
Hbos overdraft on behalf of Steven Pilling. The maximum liability that may be incurred by the company is £10,000 (2024 - £10,000).
Natwest overdraft on behalf of Steven Pilling. The maximum liability that may be incurred by the company is £10,000 (2024 - £10,000). 
Hbos overdraft on behalf of Mark Antony Whyte. The maximum liability that may be incurred by the company is £10,000 (2024 - £10,000). 
Natwest overdraft on behalf of Mark Antony Whyte. The maximum liability that may be incurred by the company is £10,000 (2024 - £10,000). 
12. Related Party Transactions
The company has taken advantage of exemption under the terms of Financial Reporting Standard 102 "the Financial Reporting Standard applicable in the UK and Republic of Ireland", not to disclose related party transaction with wholly owned subsidiaries within the group.

Otherwise, all related party transactions are at market value unless otherwise stated.
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