Acorah Software Products - Accounts Production 14.5.601 false true 30 September 2022 1 October 2021 false 1 October 2022 30 September 2023 30 September 2023 04558702 M J Williams M J Phillipson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04558702 2022-09-30 04558702 2023-09-30 04558702 2022-10-01 2023-09-30 04558702 frs-core:CurrentFinancialInstruments 2023-09-30 04558702 frs-core:Non-currentFinancialInstruments 2023-09-30 04558702 frs-core:PlantMachinery 2023-09-30 04558702 frs-core:PlantMachinery 2022-10-01 2023-09-30 04558702 frs-core:PlantMachinery 2022-09-30 04558702 frs-core:ShareCapital 2023-09-30 04558702 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 04558702 frs-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 04558702 frs-bus:FilletedAccounts 2022-10-01 2023-09-30 04558702 frs-bus:SmallEntities 2022-10-01 2023-09-30 04558702 frs-bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 04558702 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 04558702 frs-bus:Director1 2022-10-01 2023-09-30 04558702 frs-bus:Director2 2022-10-01 2023-09-30 04558702 frs-countries:EnglandWales 2022-10-01 2023-09-30 04558702 2021-09-30 04558702 2022-09-30 04558702 2021-10-01 2022-09-30 04558702 frs-core:CurrentFinancialInstruments 2022-09-30 04558702 frs-core:Non-currentFinancialInstruments 2022-09-30 04558702 frs-core:ShareCapital 2022-09-30 04558702 frs-core:RetainedEarningsAccumulatedLosses 2022-09-30
Registered number: 04558702
REDBRICK PROPERTIES (LEEDS) LIMITED
Unaudited Financial Statements
For The Year Ended 30 September 2023
SW Accountants
24 Links Way
Drighlington
Bradford
West Yorkshire
BD11 1LE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04558702
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,717 7,173
5,717 7,173
CURRENT ASSETS
Debtors 5 399,112 257,760
Cash at bank and in hand 604,700 812,461
1,003,812 1,070,221
Creditors: Amounts Falling Due Within One Year 6 (551,595 ) (553,852 )
NET CURRENT ASSETS (LIABILITIES) 452,217 516,369
TOTAL ASSETS LESS CURRENT LIABILITIES 457,934 523,542
Creditors: Amounts Falling Due After More Than One Year 7 (18,274 ) (28,082 )
NET ASSETS 439,660 495,460
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 439,560 495,360
SHAREHOLDERS' FUNDS 439,660 495,460
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Page 2
For the year ending 30 September 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
M J Williams
Director
12/04/2024
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
REDBRICK PROPERTIES (LEEDS) LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 04558702 . The registered office is 77 Otley Road, Headingley, Leeds, West Yorkshire, LS6 2AL.
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% reducing balance
2.4. 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.
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: 6 (2022: 6)
6 6
Page 3
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4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 October 2022 47,832
Additions 449
As at 30 September 2023 48,281
Depreciation
As at 1 October 2022 40,659
Provided during the period 1,905
As at 30 September 2023 42,564
Net Book Value
As at 30 September 2023 5,717
As at 1 October 2022 7,173
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 6,442 3,564
Other debtors 392,670 254,196
399,112 257,760
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 10,000 10,000
Other creditors 497,481 473,061
Taxation and social security 44,114 70,791
551,595 553,852
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 18,274 28,082
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
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