Acorah Software Products - Accounts Production 14.5.601 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 05296156 Mr Paul McLynn Mrs Linda McLynn iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05296156 2022-11-30 05296156 2023-11-30 05296156 2022-12-01 2023-11-30 05296156 frs-core:CurrentFinancialInstruments 2023-11-30 05296156 frs-core:Non-currentFinancialInstruments 2023-11-30 05296156 frs-core:BetweenOneFiveYears 2023-11-30 05296156 frs-core:ComputerEquipment 2023-11-30 05296156 frs-core:ComputerEquipment 2022-12-01 2023-11-30 05296156 frs-core:ComputerEquipment 2022-11-30 05296156 frs-core:FurnitureFittings 2023-11-30 05296156 frs-core:FurnitureFittings 2022-12-01 2023-11-30 05296156 frs-core:FurnitureFittings 2022-11-30 05296156 frs-core:PlantMachinery 2023-11-30 05296156 frs-core:PlantMachinery 2022-12-01 2023-11-30 05296156 frs-core:PlantMachinery 2022-11-30 05296156 frs-core:WithinOneYear 2023-11-30 05296156 frs-core:ShareCapital 2023-11-30 05296156 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 05296156 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 05296156 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 05296156 frs-bus:SmallEntities 2022-12-01 2023-11-30 05296156 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 05296156 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 05296156 frs-bus:Director1 2022-12-01 2023-11-30 05296156 frs-bus:CompanySecretary1 2022-12-01 2023-11-30 05296156 frs-countries:EnglandWales 2022-12-01 2023-11-30 05296156 2021-11-30 05296156 2022-11-30 05296156 2021-12-01 2022-11-30 05296156 frs-core:CurrentFinancialInstruments 2022-11-30 05296156 frs-core:Non-currentFinancialInstruments 2022-11-30 05296156 frs-core:BetweenOneFiveYears 2022-11-30 05296156 frs-core:WithinOneYear 2022-11-30 05296156 frs-core:ShareCapital 2022-11-30 05296156 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 05296156
The Complete Carpentry Co (UK) Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 05296156
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 90,021 101,750
90,021 101,750
CURRENT ASSETS
Stocks 5 30,000 15,000
Debtors 6 109,106 53,403
Cash at bank and in hand 61,049 33,108
200,155 101,511
Creditors: Amounts Falling Due Within One Year 7 (119,192 ) (72,349 )
NET CURRENT ASSETS (LIABILITIES) 80,963 29,162
TOTAL ASSETS LESS CURRENT LIABILITIES 170,984 130,912
Creditors: Amounts Falling Due After More Than One Year 8 (31,802 ) (57,001 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (20,705 ) (19,333 )
NET ASSETS 118,477 54,578
CAPITAL AND RESERVES
Called up share capital 10 10 10
Profit and Loss Account 118,467 54,568
SHAREHOLDERS' FUNDS 118,477 54,578
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Page 2
For the year ending 30 November 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 Paul McLynn
Director
09/04/2024
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
The Complete Carpentry Co (UK) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05296156 . The registered office is The Old Barn, Off Wood Street, Swanley Village, 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. 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.
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 15% WDV
Fixtures & Fittings 15% WDV
Computer Equipment 15% WDV
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.
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2.6. 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: 3 (2022: 2)
3 2
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 December 2022 181,721 1,591 7,431 190,743
Additions 1,851 253 2,053 4,157
As at 30 November 2023 183,572 1,844 9,484 194,900
Depreciation
As at 1 December 2022 83,541 1,465 3,987 88,993
Provided during the period 15,005 56 825 15,886
As at 30 November 2023 98,546 1,521 4,812 104,879
Net Book Value
As at 30 November 2023 85,026 323 4,672 90,021
As at 1 December 2022 98,180 126 3,444 101,750
5. Stocks
2023 2022
£ £
Work in progress 30,000 15,000
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6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 76,116 38,203
Prepayments and accrued income 13,300 15,200
Director's loan account 19,690 -
109,106 53,403
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 13,560 14,011
Trade creditors 4,265 7,693
Bank loans and overdrafts 6,000 -
Corporation tax 63,764 14,053
Other taxes and social security 5,482 4,449
VAT 23,370 30,922
Other creditors 2,751 468
Director's loan account - 753
119,192 72,349
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 22,802 36,362
Bank loans 9,000 20,639
31,802 57,001
9. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 13,560 14,011
Later than one year and not later than five years 22,802 36,362
36,362 50,373
36,362 50,373
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10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 10 10
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
The above loan is unsecured, interest free and repayable on demand.
12. Related Party Transactions
Included in the Other Debtors is an amount owed from the company director Mr P McLynn totalling £19,690 (2022 - £753 Creditor), no interest is to be charged.
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