Acorah Software Products - Accounts Production 14.5.601 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 05190675 Mr Steven Grayson Mrs Joanne Grayson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05190675 2022-12-31 05190675 2023-12-31 05190675 2023-01-01 2023-12-31 05190675 frs-core:Non-currentFinancialInstruments 2023-12-31 05190675 frs-core:ComputerEquipment 2023-01-01 2023-12-31 05190675 frs-core:FurnitureFittings 2023-01-01 2023-12-31 05190675 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 05190675 frs-core:MotorVehicles 2023-01-01 2023-12-31 05190675 frs-core:PlantMachinery 2023-01-01 2023-12-31 05190675 frs-core:WithinOneYear 2023-12-31 05190675 frs-core:ShareCapital 2023-12-31 05190675 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 05190675 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 05190675 frs-bus:AbridgedAccounts 2023-01-01 2023-12-31 05190675 frs-bus:SmallEntities 2023-01-01 2023-12-31 05190675 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 05190675 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 05190675 frs-bus:Director1 2023-01-01 2023-12-31 05190675 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 05190675 frs-countries:EnglandWales 2023-01-01 2023-12-31 05190675 2021-12-31 05190675 2022-12-31 05190675 2022-01-01 2022-12-31 05190675 frs-core:Non-currentFinancialInstruments 2022-12-31 05190675 frs-core:BetweenOneFiveYears 2022-12-31 05190675 frs-core:WithinOneYear 2022-12-31 05190675 frs-core:ShareCapital 2022-12-31 05190675 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 05190675
SAS Lining Services Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2023
Hedges and Co
Unaudited Financial Statements
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 05190675
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 329,707 358,539
329,707 358,539
CURRENT ASSETS
Stocks 93,864 91,339
Debtors 506,947 219,407
Cash at bank and in hand 154,345 226,268
755,156 537,014
Creditors: Amounts Falling Due Within One Year (672,763 ) (390,315 )
NET CURRENT ASSETS (LIABILITIES) 82,393 146,699
TOTAL ASSETS LESS CURRENT LIABILITIES 412,100 505,238
Creditors: Amounts Falling Due After More Than One Year (22,500 ) (50,880 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (62,644 ) (68,122 )
NET ASSETS 326,956 386,236
CAPITAL AND RESERVES
Called up share capital 6 102 102
Profit and Loss Account 326,854 386,134
SHAREHOLDERS' FUNDS 326,956 386,236
Page 1
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For the year ending 31 December 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Steven Grayson
Director
29/03/2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
SAS Lining Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05190675 . The registered office is 9 Queensbury Way, Swanland, North Ferriby, East Yorkshire, HU14 3QE.
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 represents the value of services rendered by the company.

Revenue Recognition
Revenue is recognised under an exchange transaction with a customer when, and to the extent that, the company receives a right to considerarion from its performance.

Part completed contracts at the year-end that fulfil the critera are included in these financial statements based on their fair value of the right to consideration at the balance sheet date.
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:
Freehold Improvements to property - 10% on cost
Plant & Machinery 15% or 10% on cost
Motor Vehicles 20% or 10% on costs, 25% Reducing balance
Fixtures & Fittings 15% on cost
Computer Equipment 33% on cost
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. 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.
2.6. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred Tax
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 is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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2.7. Debt factoring
Trade Debtors factored with recourse are included within trade debtors. Loans advanced, which are secured on the factored debtors are included under creditors due within one year described as bank loans and overdrafts.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 26 (2022: 24)
26 24
4. Tangible Assets
Total
£
Cost
As at 1 January 2023 867,628
Additions 50,663
As at 31 December 2023 918,291
Depreciation
As at 1 January 2023 509,089
Provided during the period 79,495
As at 31 December 2023 588,584
Net Book Value
As at 31 December 2023 329,707
As at 1 January 2023 358,539
5. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 18,380 63,718
Later than one year and not later than five years - 18,380
18,380 82,098
18,380 82,098
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 102 102
7. Pension Commitments
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
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