Acorah Software Products - Accounts Production 16.6.950 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 05702978 Mr David Warner Haines Secretaries Ltd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05702978 2024-02-29 05702978 2025-02-28 05702978 2024-03-01 2025-02-28 05702978 frs-core:CurrentFinancialInstruments 2025-02-28 05702978 frs-core:Non-currentFinancialInstruments 2025-02-28 05702978 frs-core:ComputerEquipment 2025-02-28 05702978 frs-core:ComputerEquipment 2024-03-01 2025-02-28 05702978 frs-core:ComputerEquipment 2024-02-29 05702978 frs-core:FurnitureFittings 2025-02-28 05702978 frs-core:FurnitureFittings 2024-03-01 2025-02-28 05702978 frs-core:FurnitureFittings 2024-02-29 05702978 frs-core:MotorVehicles 2025-02-28 05702978 frs-core:MotorVehicles 2024-03-01 2025-02-28 05702978 frs-core:MotorVehicles 2024-02-29 05702978 frs-core:PlantMachinery 2025-02-28 05702978 frs-core:PlantMachinery 2024-03-01 2025-02-28 05702978 frs-core:PlantMachinery 2024-02-29 05702978 frs-core:WithinOneYear 2025-02-28 05702978 frs-core:ShareCapital 2025-02-28 05702978 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 05702978 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 05702978 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 05702978 frs-bus:SmallEntities 2024-03-01 2025-02-28 05702978 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 05702978 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 05702978 frs-bus:Director1 2024-03-01 2025-02-28 05702978 frs-bus:CompanySecretary1 2024-03-01 2025-02-28 05702978 frs-countries:EnglandWales 2024-03-01 2025-02-28 05702978 2023-02-28 05702978 2024-02-29 05702978 2023-03-01 2024-02-29 05702978 frs-core:CurrentFinancialInstruments 2024-02-29 05702978 frs-core:Non-currentFinancialInstruments 2024-02-29 05702978 frs-core:BetweenOneFiveYears 2024-02-29 05702978 frs-core:WithinOneYear 2024-02-29 05702978 frs-core:ShareCapital 2024-02-29 05702978 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 05702978
Oxford Geospatial Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05702978
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 20,142 27,023
20,142 27,023
CURRENT ASSETS
Debtors 5 39,782 37,562
Cash at bank and in hand 2,735 2,180
42,517 39,742
Creditors: Amounts Falling Due Within One Year 6 (37,428 ) (29,625 )
NET CURRENT ASSETS (LIABILITIES) 5,089 10,117
TOTAL ASSETS LESS CURRENT LIABILITIES 25,231 37,140
Creditors: Amounts Falling Due After More Than One Year 7 - (10,857 )
NET ASSETS 25,231 26,283
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 25,230 26,282
SHAREHOLDERS' FUNDS 25,231 26,283
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For the year ending 28 February 2025 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 David Warner
Director
26th November 2025
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
Oxford Geospatial Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05702978 . The registered office is Rear Of 81 High Street, Wallingford, Oxfordshire, OX10 0BX.
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. 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 25% Reducing balance
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 25% Reducing balance
Computer Equipment 25% Reducing balance
2.4. 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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2.5. 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 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 March 2024 57,553 22,490 961 4,825 85,829
As at 28 February 2025 57,553 22,490 961 4,825 85,829
Depreciation
As at 1 March 2024 49,434 5,981 961 2,430 58,806
Provided during the period 2,030 4,127 - 724 6,881
As at 28 February 2025 51,464 10,108 961 3,154 65,687
Net Book Value
As at 28 February 2025 6,089 12,382 - 1,671 20,142
As at 1 March 2024 8,119 16,509 - 2,395 27,023
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5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 14,010 9,270
Other debtors 25,772 28,292
39,782 37,562
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 4,216 4,061
Trade creditors (1 ) (1 )
Bank loans and overdrafts 6,707 5,000
Other creditors 2,650 3,288
Taxation and social security 23,856 17,277
37,428 29,625
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 4,216
Bank loans - 6,641
- 10,857
8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 4,216 4,061
Later than one year and not later than five years - 4,216
4,216 8,277
4,216 8,277
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
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