Acorah Software Products - Accounts Production 14.5.601 false true 31 August 2022 1 September 2021 false 1 September 2022 31 August 2023 31 August 2023 06371994 Mr David Robbins Mrs Pia Robbins Mrs Pia Robbins iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06371994 2022-08-31 06371994 2023-08-31 06371994 2022-09-01 2023-08-31 06371994 frs-core:CurrentFinancialInstruments 2023-08-31 06371994 frs-core:Non-currentFinancialInstruments 2023-08-31 06371994 frs-core:ComputerEquipment 2023-08-31 06371994 frs-core:ComputerEquipment 2022-09-01 2023-08-31 06371994 frs-core:ComputerEquipment 2022-08-31 06371994 frs-core:FurnitureFittings 2023-08-31 06371994 frs-core:FurnitureFittings 2022-09-01 2023-08-31 06371994 frs-core:FurnitureFittings 2022-08-31 06371994 frs-core:NetGoodwill 2023-08-31 06371994 frs-core:NetGoodwill 2022-09-01 2023-08-31 06371994 frs-core:NetGoodwill 2022-08-31 06371994 frs-core:MotorVehicles 2023-08-31 06371994 frs-core:MotorVehicles 2022-09-01 2023-08-31 06371994 frs-core:MotorVehicles 2022-08-31 06371994 frs-core:ShareCapital 2023-08-31 06371994 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 06371994 frs-bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 06371994 frs-bus:FilletedAccounts 2022-09-01 2023-08-31 06371994 frs-bus:SmallEntities 2022-09-01 2023-08-31 06371994 frs-bus:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 06371994 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 06371994 frs-bus:Director1 2022-09-01 2023-08-31 06371994 frs-bus:Director2 2022-09-01 2023-08-31 06371994 frs-bus:CompanySecretary1 2022-09-01 2023-08-31 06371994 frs-countries:EnglandWales 2022-09-01 2023-08-31 06371994 2021-08-31 06371994 2022-08-31 06371994 2021-09-01 2022-08-31 06371994 frs-core:CurrentFinancialInstruments 2022-08-31 06371994 frs-core:Non-currentFinancialInstruments 2022-08-31 06371994 frs-core:ShareCapital 2022-08-31 06371994 frs-core:RetainedEarningsAccumulatedLosses 2022-08-31
Registered number: 06371994
Card Line Shropshire Limited
Unaudited Financial Statements
For The Year Ended 31 August 2023
Phillips Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06371994
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 6,661 8,881
6,661 8,881
CURRENT ASSETS
Stocks 6 20,303 23,291
Debtors 7 383 402
Cash at bank and in hand 3,535 6,992
24,221 30,685
Creditors: Amounts Falling Due Within One Year 8 (1,921 ) (2,633 )
NET CURRENT ASSETS (LIABILITIES) 22,300 28,052
TOTAL ASSETS LESS CURRENT LIABILITIES 28,961 36,933
Creditors: Amounts Falling Due After More Than One Year 9 (30,000 ) (30,000 )
NET (LIABILITIES)/ASSETS (1,039 ) 6,933
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account (1,041 ) 6,931
SHAREHOLDERS' FUNDS (1,039) 6,933
Page 1
Page 2
For the year ending 31 August 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
Mrs Pia Robbins
Director
16/04/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Card Line Shropshire Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06371994 . The registered office is 14 Sparrowhawk Way, Apley, Telford, Uk, TF1 6NH.
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 profit and loss account over its estimated economic life of five 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:
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on cost
Computer Equipment 33% on cost
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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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Intangible Assets
Goodwill
£
Cost
As at 1 September 2022 10,000
As at 31 August 2023 10,000
Amortisation
As at 1 September 2022 10,000
As at 31 August 2023 10,000
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 September 2022 13,000 13,977 1,479 28,456
As at 31 August 2023 13,000 13,977 1,479 28,456
Depreciation
As at 1 September 2022 4,119 13,977 1,479 19,575
Provided during the period 2,220 - - 2,220
As at 31 August 2023 6,339 13,977 1,479 21,795
Net Book Value
As at 31 August 2023 6,661 - - 6,661
As at 1 September 2022 8,881 - - 8,881
6. Stocks
2023 2022
£ £
Materials 20,303 23,291
Page 4
Page 5
7. Debtors
2023 2022
£ £
Due within one year
Trade debtors 383 402
383 402
8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other taxes and social security 1,221 1,143
Other creditors - 790
Accruals and deferred income 700 700
1,921 2,633
9. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Directors loan account 30,000 30,000
30,000 30,000
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
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