Acorah Software Products - Accounts Production 14.5.601 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 09839093 Mr Daniel Price Mr Adam Edmonds iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09839093 2022-10-31 09839093 2023-10-31 09839093 2022-11-01 2023-10-31 09839093 frs-core:CurrentFinancialInstruments 2023-10-31 09839093 frs-core:Non-currentFinancialInstruments 2023-10-31 09839093 frs-core:BetweenOneFiveYears 2023-10-31 09839093 frs-core:MotorVehicles 2023-10-31 09839093 frs-core:MotorVehicles 2022-11-01 2023-10-31 09839093 frs-core:MotorVehicles 2022-10-31 09839093 frs-core:PlantMachinery 2023-10-31 09839093 frs-core:PlantMachinery 2022-11-01 2023-10-31 09839093 frs-core:PlantMachinery 2022-10-31 09839093 frs-core:WithinOneYear 2023-10-31 09839093 frs-core:ShareCapital 2023-10-31 09839093 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 09839093 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 09839093 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 09839093 frs-bus:SmallEntities 2022-11-01 2023-10-31 09839093 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 09839093 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 09839093 frs-bus:Director1 2022-11-01 2023-10-31 09839093 frs-bus:Director2 2022-11-01 2023-10-31 09839093 frs-countries:EnglandWales 2022-11-01 2023-10-31 09839093 2021-10-31 09839093 2022-10-31 09839093 2021-11-01 2022-10-31 09839093 frs-core:CurrentFinancialInstruments 2022-10-31 09839093 frs-core:Non-currentFinancialInstruments 2022-10-31 09839093 frs-core:BetweenOneFiveYears 2022-10-31 09839093 frs-core:WithinOneYear 2022-10-31 09839093 frs-core:ShareCapital 2022-10-31 09839093 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 09839093
A&D Roofing Solutions Limited
Unaudited Financial Statements
For The Year Ended 31 October 2023
Stack & Jones Limited
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09839093
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 69,519 25,478
69,519 25,478
CURRENT ASSETS
Debtors 5 47,707 35,670
Cash at bank and in hand 80,316 90,949
128,023 126,619
Creditors: Amounts Falling Due Within One Year 6 (100,522 ) (94,500 )
NET CURRENT ASSETS (LIABILITIES) 27,501 32,119
TOTAL ASSETS LESS CURRENT LIABILITIES 97,020 57,597
Creditors: Amounts Falling Due After More Than One Year 7 (74,148 ) (52,304 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,841 ) (4,841 )
NET ASSETS 18,031 452
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 18,029 450
SHAREHOLDERS' FUNDS 18,031 452
Page 1
Page 2
For the year ending 31 October 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 Adam Edmonds
Director
09/04/2024
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
A&D Roofing Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09839093 . The registered office is Unit 4, Willows Gate, Stratton Audley, Bicester, Oxfordshire, OX27 9AU.
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 33% Reducing Balance
Motor Vehicles 20% Reducing Balance
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
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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 reflects 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: 2 (2022: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 November 2022 3,868 35,480 39,348
Additions - 52,043 52,043
As at 31 October 2023 3,868 87,523 91,391
Depreciation
As at 1 November 2022 1,713 12,157 13,870
Provided during the period 422 7,580 8,002
As at 31 October 2023 2,135 19,737 21,872
Net Book Value
As at 31 October 2023 1,733 67,786 69,519
As at 1 November 2022 2,155 23,323 25,478
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 46,746 26,352
Prepayments and accrued income - 1,938
Other taxes and social security 961 7,380
47,707 35,670
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Page 5
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 9,363 7,740
Trade creditors 21,100 8,869
Bank loans and overdrafts 14,000 14,000
Corporation tax 25,243 15,712
VAT 8,358 8,152
Accruals and deferred income 835 7,306
Directors' loan accounts 21,623 32,721
100,522 94,500
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 47,315 11,471
Bank loans 26,833 40,833
74,148 52,304
8. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 9,363 7,740
Later than one year and not later than five years 47,315 11,471
56,678 19,211
56,678 19,211
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
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