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 10918177 Mr Andrew Bowen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10918177 2022-08-31 10918177 2023-08-31 10918177 2022-09-01 2023-08-31 10918177 frs-core:CurrentFinancialInstruments 2023-08-31 10918177 frs-core:Non-currentFinancialInstruments 2023-08-31 10918177 frs-core:PlantMachinery 2023-08-31 10918177 frs-core:PlantMachinery 2022-09-01 2023-08-31 10918177 frs-core:PlantMachinery 2022-08-31 10918177 frs-core:ShareCapital 2023-08-31 10918177 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 10918177 frs-bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 10918177 frs-bus:FilletedAccounts 2022-09-01 2023-08-31 10918177 frs-bus:SmallEntities 2022-09-01 2023-08-31 10918177 frs-bus:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 10918177 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 10918177 frs-bus:Director1 2022-09-01 2023-08-31 10918177 frs-core:CurrentFinancialInstruments 1 2023-08-31 10918177 frs-countries:EnglandWales 2022-09-01 2023-08-31 10918177 2021-08-31 10918177 2022-08-31 10918177 2021-09-01 2022-08-31 10918177 frs-core:CurrentFinancialInstruments 2022-08-31 10918177 frs-core:Non-currentFinancialInstruments 2022-08-31 10918177 frs-core:ShareCapital 2022-08-31 10918177 frs-core:RetainedEarningsAccumulatedLosses 2022-08-31 10918177 frs-core:CurrentFinancialInstruments 1 2022-08-31 10918177 frs-core:CurrentFinancialInstruments 2 2022-08-31
Registered number: 10918177
PA Rebar Ltd
Financial Statements
For The Year Ended 31 August 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10918177
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 300 300
300 300
CURRENT ASSETS
Stocks 5 - 6,150
Debtors 6 5,657 6,722
Cash at bank and in hand - 462
5,657 13,334
Creditors: Amounts Falling Due Within One Year 7 (13,529 ) (10,930 )
NET CURRENT ASSETS (LIABILITIES) (7,872 ) 2,404
TOTAL ASSETS LESS CURRENT LIABILITIES (7,572 ) 2,704
Creditors: Amounts Falling Due After More Than One Year 8 (48,372 ) (48,372 )
NET LIABILITIES (55,944 ) (45,668 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (56,044 ) (45,768 )
SHAREHOLDERS' FUNDS (55,944) (45,668)
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 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 Andrew Bowen
Director
17/04/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
PA Rebar Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10918177 . The registered office is Unit 6 Springvale Industrial Estate, Cwmbran, NP44 5AZ.  The company ceased trading in February 2023.
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 20%
2.4. 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:
2023 2022
Office and administration 1 1
1 1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 September 2022 574
As at 31 August 2023 574
Depreciation
As at 1 September 2022 274
As at 31 August 2023 274
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 August 2023 300
As at 1 September 2022 300
5. Stocks
2023 2022
£ £
Work in progress - 6,150
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors - 1,760
Sub Contractors tax recoverable 5,657 4,899
Sundry debtors - 63
5,657 6,722
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 463 -
Director's loan 13,066 2,940
Accruals and deferred income - 7,990
13,529 10,930
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 48,372 48,372
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4