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 04070707 Mrs Lyn Smith Mr Paul Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04070707 2022-07-31 04070707 2023-07-31 04070707 2022-08-01 2023-07-31 04070707 frs-core:CurrentFinancialInstruments 2023-07-31 04070707 frs-core:Non-currentFinancialInstruments 2023-07-31 04070707 frs-core:BetweenOneFiveYears 2023-07-31 04070707 frs-core:MotorVehicles 2023-07-31 04070707 frs-core:MotorVehicles 2022-08-01 2023-07-31 04070707 frs-core:MotorVehicles 2022-07-31 04070707 frs-core:PlantMachinery 2023-07-31 04070707 frs-core:PlantMachinery 2022-08-01 2023-07-31 04070707 frs-core:PlantMachinery 2022-07-31 04070707 frs-core:WithinOneYear 2023-07-31 04070707 frs-core:ShareCapital 2023-07-31 04070707 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 04070707 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 04070707 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 04070707 frs-bus:SmallEntities 2022-08-01 2023-07-31 04070707 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 04070707 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 04070707 frs-bus:Director1 2022-08-01 2023-07-31 04070707 frs-bus:Director2 2022-08-01 2023-07-31 04070707 frs-countries:EnglandWales 2022-08-01 2023-07-31 04070707 2021-07-31 04070707 2022-07-31 04070707 2021-08-01 2022-07-31 04070707 frs-core:CurrentFinancialInstruments 2022-07-31 04070707 frs-core:Non-currentFinancialInstruments 2022-07-31 04070707 frs-core:BetweenOneFiveYears 2022-07-31 04070707 frs-core:WithinOneYear 2022-07-31 04070707 frs-core:ShareCapital 2022-07-31 04070707 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 04070707
Be Green Systems Limited
Unaudited Financial Statements
For The Year Ended 31 July 2023
Focal Business Group Limited
Chartered Institue of Management Accountants
4A Church Street
Market Harborough
Leicestershire
LE16 7AA
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04070707
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 20,575 27,433
20,575 27,433
CURRENT ASSETS
Stocks 44,000 39,000
Debtors 5 119,055 123,860
Cash at bank and in hand 64,181 84,968
227,236 247,828
Creditors: Amounts Falling Due Within One Year 6 (79,224 ) (100,176 )
NET CURRENT ASSETS (LIABILITIES) 148,012 147,652
TOTAL ASSETS LESS CURRENT LIABILITIES 168,587 175,085
Creditors: Amounts Falling Due After More Than One Year 7 (271,577 ) (277,833 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,144 ) (5,213 )
NET LIABILITIES (108,134 ) (107,961 )
CAPITAL AND RESERVES
Called up share capital 103 103
Profit and Loss Account (108,237 ) (108,064 )
SHAREHOLDERS' FUNDS (108,134) (107,961)
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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 Paul Smith
Director
16 April 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
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Notes to the Financial Statements
1. General Information
Be Green Systems Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04070707 . The registered office is Affinity Point, 8 Arundel Road, Uxbridge, Middlesex, UB8 2RR.
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 directors have not identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
2.3. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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% on reducing balance
Motor Vehicles 25% on reducing balance
2.5. 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.
2.6. 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.
2.7. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
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2.8. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2022: 6)
6 6
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 August 2022 2,469 44,657 47,126
As at 31 July 2023 2,469 44,657 47,126
Depreciation
As at 1 August 2022 2,208 17,485 19,693
Provided during the period 65 6,793 6,858
As at 31 July 2023 2,273 24,278 26,551
Net Book Value
As at 31 July 2023 196 20,379 20,575
As at 1 August 2022 261 27,172 27,433
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 46,536 16,375
Amounts recoverable on contracts - 37,315
Other debtors 72,519 70,170
119,055 123,860
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6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 6,256 6,256
Trade creditors 61,580 70,990
Bank loans and overdrafts 5,000 5,000
Other creditors 2,713 14,645
Taxation and social security 3,675 3,285
79,224 100,176
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 9,339 15,595
Bank loans 33,658 38,658
Other creditors 228,580 223,580
271,577 277,833
8. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 6,256 6,256
Later than one year and not later than five years 9,339 15,595
15,595 21,851
15,595 21,851
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