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 05693581 Mr A Clarke iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05693581 2023-01-31 05693581 2024-01-31 05693581 2023-02-01 2024-01-31 05693581 frs-core:CurrentFinancialInstruments 2024-01-31 05693581 frs-core:Non-currentFinancialInstruments 2024-01-31 05693581 frs-core:FurnitureFittings 2024-01-31 05693581 frs-core:FurnitureFittings 2023-02-01 2024-01-31 05693581 frs-core:FurnitureFittings 2023-01-31 05693581 frs-core:MotorVehicles 2024-01-31 05693581 frs-core:MotorVehicles 2023-02-01 2024-01-31 05693581 frs-core:MotorVehicles 2023-01-31 05693581 frs-core:PlantMachinery 2024-01-31 05693581 frs-core:PlantMachinery 2023-02-01 2024-01-31 05693581 frs-core:PlantMachinery 2023-01-31 05693581 frs-core:ShareCapital 2024-01-31 05693581 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 05693581 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 05693581 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 05693581 frs-bus:SmallEntities 2023-02-01 2024-01-31 05693581 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 05693581 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 05693581 frs-bus:Director1 2023-02-01 2024-01-31 05693581 frs-countries:EnglandWales 2023-02-01 2024-01-31 05693581 2022-01-31 05693581 2023-01-31 05693581 2022-02-01 2023-01-31 05693581 frs-core:CurrentFinancialInstruments 2023-01-31 05693581 frs-core:Non-currentFinancialInstruments 2023-01-31 05693581 frs-core:WithinOneYear 2023-01-31 05693581 frs-core:ShareCapital 2023-01-31 05693581 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 05693581
East Coast Scaffolding Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05693581
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 188,778 165,697
188,778 165,697
CURRENT ASSETS
Debtors 5 48,906 84,471
Cash at bank and in hand 142,963 131,374
191,869 215,845
Creditors: Amounts Falling Due Within One Year 6 (75,698 ) (103,836 )
NET CURRENT ASSETS (LIABILITIES) 116,171 112,009
TOTAL ASSETS LESS CURRENT LIABILITIES 304,949 277,706
Creditors: Amounts Falling Due After More Than One Year 7 (17,500 ) (27,500 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (47,195 ) (31,482 )
NET ASSETS 240,254 218,724
CAPITAL AND RESERVES
Called up share capital 9 150 150
Profit and Loss Account 240,104 218,574
SHAREHOLDERS' FUNDS 240,254 218,724
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 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 A Clarke
Director
17 April 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
East Coast Scaffolding Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05693581 . The registered office is 3a Quay View Business Park, Barnards Way, Lowestoft, Suffolk, NR32 2HD.
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. 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 25%
Motor Vehicles 25%
Fixtures & Fittings 20%
2.4. 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.
2.5. 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.
...CONTINUED
Page 3
Page 4
2.5. Taxation - continued
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: 15 (2023: 13)
15 13
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 February 2023 641,845 143,765 6,060 791,670
Additions 32,545 40,100 - 72,645
As at 31 January 2024 674,390 183,865 6,060 864,315
Depreciation
As at 1 February 2023 504,272 116,790 4,911 625,973
Provided during the period 40,084 9,250 230 49,564
As at 31 January 2024 544,356 126,040 5,141 675,537
Net Book Value
As at 31 January 2024 130,034 57,825 919 188,778
As at 1 February 2023 137,573 26,975 1,149 165,697
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 43,199 79,411
Prepayments and accrued income 5,707 5,060
48,906 84,471
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 1,440
Trade creditors 11,277 2,104
Bank loans and overdrafts 10,000 10,000
Corporation tax 3,556 9,576
Other taxes and social security 3,787 11,660
VAT 5,029 12,554
Other creditors 15,237 9,898
Director's loan account 26,812 46,604
75,698 103,836
Page 4
Page 5
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 17,500 27,500
17,500 27,500
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 1,440
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 150 150
Page 5