Acorah Software Products - Accounts Production 14.5.601 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 07508101 Mr Mike Butler Mr Graham Hoadley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07508101 2023-01-31 07508101 2024-01-31 07508101 2023-02-01 2024-01-31 07508101 frs-core:CurrentFinancialInstruments 2024-01-31 07508101 frs-core:Non-currentFinancialInstruments 2024-01-31 07508101 frs-core:PlantMachinery 2024-01-31 07508101 frs-core:PlantMachinery 2023-02-01 2024-01-31 07508101 frs-core:PlantMachinery 2023-01-31 07508101 frs-core:ShareCapital 2024-01-31 07508101 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 07508101 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 07508101 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 07508101 frs-bus:SmallEntities 2023-02-01 2024-01-31 07508101 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 07508101 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 07508101 frs-bus:Director1 2023-02-01 2024-01-31 07508101 frs-bus:Director2 2023-02-01 2024-01-31 07508101 frs-core:CurrentFinancialInstruments 1 2024-01-31 07508101 frs-countries:EnglandWales 2023-02-01 2024-01-31 07508101 2022-01-31 07508101 2023-01-31 07508101 2022-02-01 2023-01-31 07508101 frs-core:CurrentFinancialInstruments 2023-01-31 07508101 frs-core:Non-currentFinancialInstruments 2023-01-31 07508101 frs-core:ShareCapital 2023-01-31 07508101 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 07508101 frs-core:CurrentFinancialInstruments 1 2023-01-31
Registered number: 07508101
All Fabs (Southeast) Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07508101
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,918 2,257
1,918 2,257
CURRENT ASSETS
Debtors 5 15,323 15,323
Cash at bank and in hand 2,540 6,659
17,863 21,982
Creditors: Amounts Falling Due Within One Year 6 (11,480 ) (9,204 )
NET CURRENT ASSETS (LIABILITIES) 6,383 12,778
TOTAL ASSETS LESS CURRENT LIABILITIES 8,301 15,035
Creditors: Amounts Falling Due After More Than One Year 7 (10,362 ) (15,962 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (429 ) (429 )
NET LIABILITIES (2,490 ) (1,356 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (2,492 ) (1,358 )
SHAREHOLDERS' FUNDS (2,490) (1,356)
Page 1
Page 2
For the year ending 31 January 2024 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 Mike Butler
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
All Fabs (Southeast) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07508101 . The registered office is The Old Barn Off Wood Street, Swanley Village, Swanley, Kent, BR8 7PA.
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. 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 15
2.3. 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 in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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: NIL (2023: NIL)
- -
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4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 February 2023 7,500
As at 31 January 2024 7,500
Depreciation
As at 1 February 2023 5,243
Provided during the period 339
As at 31 January 2024 5,582
Net Book Value
As at 31 January 2024 1,918
As at 1 February 2023 2,257
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 15,000 15,000
Directors' loan accounts 323 323
15,323 15,323
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 240 240
Bank loans and overdrafts 5,600 5,600
Inter company account 5,640 3,364
11,480 9,204
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 10,362 15,962
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8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
Mr M Butler - £161 (2023 - £161)
Mr G Hoadley - £161 (2023 - £161)
The above loan is unsecured, interest free and repayable on demand.
10. Related Party Transactions
Included in the Other Creditors is an amount owed to Allied Fabrications Ltd totalling £5,640 (2023 - £3,364), for which Mr M Butler & Mr G Haodley are directors. No interest is to be charged and no repayment terms have been agreed.
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