Acorah Software Products - Accounts Production 14.5.601 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 12130841 Mr. I D Hatfield Mr. D T Hatfield I Hatfield true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12130841 2022-12-31 12130841 2023-12-31 12130841 2023-01-01 2023-12-31 12130841 frs-core:CurrentFinancialInstruments 2023-12-31 12130841 frs-core:ComputerEquipment 2023-12-31 12130841 frs-core:ComputerEquipment 2023-01-01 2023-12-31 12130841 frs-core:ComputerEquipment 2022-12-31 12130841 frs-core:FurnitureFittings 2023-12-31 12130841 frs-core:FurnitureFittings 2023-01-01 2023-12-31 12130841 frs-core:FurnitureFittings 2022-12-31 12130841 frs-core:MotorVehicles 2023-12-31 12130841 frs-core:MotorVehicles 2023-01-01 2023-12-31 12130841 frs-core:MotorVehicles 2022-12-31 12130841 frs-core:PlantMachinery 2023-12-31 12130841 frs-core:PlantMachinery 2023-01-01 2023-12-31 12130841 frs-core:PlantMachinery 2022-12-31 12130841 frs-core:ShareCapital 2023-12-31 12130841 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12130841 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12130841 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 12130841 frs-bus:SmallEntities 2023-01-01 2023-12-31 12130841 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12130841 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12130841 1 2023-01-01 2023-12-31 12130841 frs-core:UnlistedNon-exchangeTraded 2023-12-31 12130841 frs-core:UnlistedNon-exchangeTraded 2022-12-31 12130841 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-12-31 12130841 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 12130841 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-12-31 12130841 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 12130841 frs-bus:Director1 2023-01-01 2023-12-31 12130841 frs-bus:Director1 2022-12-31 12130841 frs-bus:Director1 2023-12-31 12130841 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 12130841 frs-countries:EnglandWales 2023-01-01 2023-12-31 12130841 2021-12-31 12130841 2022-12-31 12130841 2022-01-01 2022-12-31 12130841 frs-core:CurrentFinancialInstruments 2022-12-31 12130841 frs-core:ShareCapital 2022-12-31 12130841 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 12130841
G 4 B (Holdings) Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
PPW Limited Trading As Price Pearson Wheatley
Unaudited Financial Statements
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—7
Page 1
Company Information
Director Mr. I D Hatfield
Secretary Mr. D T Hatfield
Company Number 12130841
Registered Office Clarendon House
14 St. Andrews Street
Droitwich
Worcs
WR9 8DY
Business Unit 43 Wassage Way
Hampton Lovett Industrial Estate
Droitwich Spa
Worcestershire
WR9 0NX
Accountants PPW Limited Trading As Price Pearson Wheatley
Clarendon House
14 St. Andrews Street
Droitwich
Worcestershire
WR9 8DY
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Balance Sheet
Registered number: 12130841
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 192,324 -
Investments 5 166 166
192,490 166
CURRENT ASSETS
Debtors 6 66 218,331
66 218,331
Creditors: Amounts Falling Due Within One Year 7 (62,000 ) (218,431 )
NET CURRENT ASSETS (LIABILITIES) (61,934 ) (100 )
TOTAL ASSETS LESS CURRENT LIABILITIES 130,556 66
NET ASSETS 130,556 66
CAPITAL AND RESERVES
Called up share capital 8 66 66
Profit and Loss Account 130,490 -
SHAREHOLDERS' FUNDS 130,556 66
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For the year ending 31 December 2023 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. I D Hatfield
Director
18/03/2024
The notes on pages 4 to 7 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
G 4 B (Holdings) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12130841 . The registered office is Clarendon House, 14 St. Andrews Street, Droitwich, Worcs, WR9 8DY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.
2.2. 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 10% p.a. reducing balance basis
Motor Vehicles 25% p.a. reducing balance basis
Fixtures & Fittings 25% p.a. reducing balance basis
Computer Equipment 33% p.a. reducing balance basis
Investments relate to the owned share capital of G4B Limited and G4B CNC Limited.
2.3. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. 
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic Financial Instruments
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Clasification of Financial Liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic Financial Liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
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2.4. 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 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: 2 (2022: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2023 - - - - -
Additions 95,843 46,395 941 105,318 248,497
As at 31 December 2023 95,843 46,395 941 105,318 248,497
Depreciation
As at 1 January 2023 - - - - -
Provided during the period 9,584 11,599 235 34,755 56,173
As at 31 December 2023 9,584 11,599 235 34,755 56,173
Net Book Value
As at 31 December 2023 86,259 34,796 706 70,563 192,324
As at 1 January 2023 - - - - -
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5. Investments
Unlisted
£
Cost
As at 1 January 2023 166
As at 31 December 2023 166
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 166
As at 1 January 2023 166
Investments reperesents the issued share capital of G4B Limited and G4B CNC Limited. 
6. Debtors
2023 2022
£ £
Due within one year
Other debtors 6 6
Director's loan account 60 60
Amounts owed by subsidiaries - 218,265
66 218,331
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors 62,000 -
Amounts owed to subsidiaries - 218,431
62,000 218,431
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 66 66
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2023 Amounts advanced Amounts repaid Amounts written off As at 31 December 2023
£ £ £ £ £
Mr Ian Hatfield 60 - - - 60
The above loan is unsecured, interest free and repayable on demand.
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10. Ultimate Controlling Party
The company's ultimate controlling party is I Hatfield by virtue of his majority ownership of the issued share capital in the company.
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