Acorah Software Products - Accounts Production 14.5.601 false true true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 04478897 Mr. John Dovey Mr James Dovey Mrs Sarah Dovey Mrs. Fiona Dovey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04478897 2022-07-31 04478897 2023-07-31 04478897 2022-08-01 2023-07-31 04478897 frs-core:CurrentFinancialInstruments 2023-07-31 04478897 frs-core:Non-currentFinancialInstruments 2023-07-31 04478897 frs-core:BetweenOneFiveYears 2023-07-31 04478897 frs-core:ComputerEquipment 2023-07-31 04478897 frs-core:ComputerEquipment 2022-08-01 2023-07-31 04478897 frs-core:ComputerEquipment 2022-07-31 04478897 frs-core:NetGoodwill 2023-07-31 04478897 frs-core:NetGoodwill 2022-08-01 2023-07-31 04478897 frs-core:NetGoodwill 2022-07-31 04478897 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-31 04478897 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 04478897 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-07-31 04478897 frs-core:OtherResidualIntangibleAssets 2023-07-31 04478897 frs-core:OtherResidualIntangibleAssets 2022-07-31 04478897 frs-core:PlantMachinery 2023-07-31 04478897 frs-core:PlantMachinery 2022-08-01 2023-07-31 04478897 frs-core:PlantMachinery 2022-07-31 04478897 frs-core:ShareCapital 2023-07-31 04478897 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 04478897 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 04478897 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 04478897 frs-bus:SmallEntities 2022-08-01 2023-07-31 04478897 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 04478897 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 04478897 frs-bus:Director1 2022-08-01 2023-07-31 04478897 frs-bus:Director2 2022-08-01 2023-07-31 04478897 frs-bus:Director3 2022-08-01 2023-07-31 04478897 frs-bus:CompanySecretary1 2022-08-01 2023-07-31 04478897 frs-core:CurrentFinancialInstruments 1 2023-07-31 04478897 frs-countries:EnglandWales 2022-08-01 2023-07-31 04478897 2021-07-31 04478897 2022-07-31 04478897 2021-08-01 2022-07-31 04478897 frs-core:CurrentFinancialInstruments 2022-07-31 04478897 frs-core:Non-currentFinancialInstruments 2022-07-31 04478897 frs-core:BetweenOneFiveYears 2022-07-31 04478897 frs-core:WithinOneYear 2022-07-31 04478897 frs-core:ShareCapital 2022-07-31 04478897 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31 04478897 frs-core:CurrentFinancialInstruments 1 2022-07-31
Registered number: 04478897
J.C. & F.F. Dovey & Sons Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2023
Advoco (SW) Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04478897
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 118,749 118,749
Tangible Assets 5 1,041,639 886,814
1,160,388 1,005,563
CURRENT ASSETS
Stocks 6 63,250 56,550
Debtors 7 33,085 77,959
Investments 8 36,042 36,042
Cash at bank and in hand 137,530 62,987
269,907 233,538
Creditors: Amounts Falling Due Within One Year 9 (22,408 ) (28,503 )
NET CURRENT ASSETS (LIABILITIES) 247,499 205,035
TOTAL ASSETS LESS CURRENT LIABILITIES 1,407,887 1,210,598
Creditors: Amounts Falling Due After More Than One Year 10 (1,208,197 ) (1,145,982 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (27,152 ) (27,152 )
NET ASSETS 172,538 37,464
CAPITAL AND RESERVES
Called up share capital 12 100 100
Profit and Loss Account 172,438 37,364
SHAREHOLDERS' FUNDS 172,538 37,464
Page 1
Page 2
For the year ending 31 July 2023 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. John Dovey
Director
3 April 2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
J.C. & F.F. Dovey & Sons Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04478897 . The registered office is 14a Albany Road., Weymouth, Dorset, DT4 9TH.
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. Going Concern Disclosure
The Financial Statements have been prepared on a Going Concern basis because of the continued support of the Director of the company.
2.3. 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.
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly
over its estimated useful life of ten years.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less
any accumulated amortisation and any accumulated impairment losses.
Dairy herd are being amortised evenly over their estimated useful life of nil years.Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less
any accumulated amortisation and any accumulated impairment losses.
Dairy herd are being amortised evenly over their estimated useful life of nil years.
Herd
The herd basis election is in force.
2.5. 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 Nil
Plant & Machinery 15% on reducing balance
Computer Equipment 33% on reducing balance
Page 3
Page 4
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 profit and loss account as incurred.
2.7. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2022: 5)
5 5
4. Intangible Assets
Goodwill Dairy Herd Total
£ £ £
Cost
As at 1 August 2022 30,000 118,748 148,748
As at 31 July 2023 30,000 118,748 148,748
Amortisation
As at 1 August 2022 29,999 - 29,999
As at 31 July 2023 29,999 - 29,999
Net Book Value
As at 31 July 2023 1 118,748 118,749
As at 1 August 2022 1 118,748 118,749
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Computer Equipment Total
£ £ £ £
Cost
As at 1 August 2022 365,807 1,188,233 2,676 1,556,716
Additions - 287,192 - 287,192
Disposals - (108,850 ) - (108,850 )
As at 31 July 2023 365,807 1,366,575 2,676 1,735,058
Depreciation
As at 1 August 2022 - 668,305 1,597 669,902
Provided during the period - 91,672 356 92,028
Disposals - (68,511 ) - (68,511 )
As at 31 July 2023 - 691,466 1,953 693,419
...CONTINUED
Page 4
Page 5
Net Book Value
As at 31 July 2023 365,807 675,109 723 1,041,639
As at 1 August 2022 365,807 519,928 1,079 886,814
6. Stocks
2023 2022
£ £
Stock 63,250 56,550
7. Debtors
2023 2022
£ £
Due within one year
Trade debtors 33,085 55,640
VAT - 22,319
33,085 77,959
8. Current Asset Investments
2023 2022
£ £
Unlisted investments 36,041 36,041
Other investments, held for sale 1 1
36,042 36,042
9. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts - 10,333
Trade creditors 13,128 12,432
Other taxes and social security 25 39
VAT 3,297 -
Credit Card 678 2,223
Accrued expenses 5,280 3,476
22,408 28,503
10. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other creditors 660,000 700,000
Directors loan account 548,197 445,982
1,208,197 1,145,982
Page 5
Page 6
11. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 10,333
Later than one year and not later than five years - -
- 10,333
- 10,333
12. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 6