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 04456334 Mrs Amanda Robson Mr Robert Robson Mr George Robson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04456334 2022-12-31 04456334 2023-12-31 04456334 2023-01-01 2023-12-31 04456334 frs-core:CurrentFinancialInstruments 2023-12-31 04456334 frs-core:Non-currentFinancialInstruments 2023-12-31 04456334 frs-core:ComputerEquipment 2023-01-01 2023-12-31 04456334 frs-core:FurnitureFittings 2023-01-01 2023-12-31 04456334 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-01 2023-12-31 04456334 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 04456334 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04456334 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-31 04456334 frs-core:MotorVehicles 2023-12-31 04456334 frs-core:MotorVehicles 2023-01-01 2023-12-31 04456334 frs-core:MotorVehicles 2022-12-31 04456334 frs-core:PlantMachinery 2023-12-31 04456334 frs-core:PlantMachinery 2023-01-01 2023-12-31 04456334 frs-core:PlantMachinery 2022-12-31 04456334 frs-core:CapitalRedemptionReserve 2023-12-31 04456334 frs-core:ShareCapital 2023-12-31 04456334 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 04456334 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04456334 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 04456334 frs-bus:SmallEntities 2023-01-01 2023-12-31 04456334 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 04456334 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 04456334 frs-bus:Director1 2023-01-01 2023-12-31 04456334 frs-bus:Director2 2023-01-01 2023-12-31 04456334 frs-bus:Director3 2023-01-01 2023-12-31 04456334 1 2023-01-01 2023-12-31 04456334 2 2023-01-01 2023-12-31 04456334 3 2023-01-01 2023-12-31 04456334 frs-countries:EnglandWales 2023-01-01 2023-12-31 04456334 2021-12-31 04456334 2022-12-31 04456334 2022-01-01 2022-12-31 04456334 frs-core:CurrentFinancialInstruments 2022-12-31 04456334 frs-core:Non-currentFinancialInstruments 2022-12-31 04456334 frs-core:CapitalRedemptionReserve 2022-12-31 04456334 frs-core:ShareCapital 2022-12-31 04456334 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 04456334 1 2022-01-01 2022-12-31 04456334 2 2022-01-01 2022-12-31 04456334 3 2022-01-01 2022-12-31
Registered number: 04456334
R P Bray Electrical Contractors Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Paul Monaghan Chartered Accountant
ICAEW
18 Hartshill Close
Uxbridge
Middlesex
UB10 9LH
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04456334
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 416,207 395,803
416,207 395,803
CURRENT ASSETS
Stocks 5 6,000 6,000
Debtors 6 1,035,234 583,208
Cash at bank and in hand 752,028 330,884
1,793,262 920,092
Creditors: Amounts Falling Due Within One Year 7 (1,232,432 ) (594,662 )
NET CURRENT ASSETS (LIABILITIES) 560,830 325,430
TOTAL ASSETS LESS CURRENT LIABILITIES 977,037 721,233
Creditors: Amounts Falling Due After More Than One Year 8 (184,457 ) (192,378 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (12,996 ) (6,316 )
NET ASSETS 779,584 522,539
CAPITAL AND RESERVES
Called up share capital 9 50 100
Capital redemption reserve 50 -
Profit and Loss Account 779,484 522,439
SHAREHOLDERS' FUNDS 779,584 522,539
Page 1
Page 2
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 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
Mrs Amanda Robson
Director
7 February 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
R P Bray Electrical Contractors Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04456334 . The registered office is Unit A1 Deseronto Trading Estate, St. Marys Road, Slough, SL3 7EW.
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
The turnover shown in the profit and loss account represents revenue earned during the year based on work done for and accepted by clients, excluding VAT.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation and provision for impairment in value. A policy change regarding writing down methods used was made in 2013 but the directors consider the financial effect to be not material to these accounts. The charge for depreciation is calculated to write down cost or valuation of other tangible fixed assets to their estimated residual values by equal annual instalments over their expected useful lives, which are as follows: 
Freehold Not depreciated
Leasehold 50 years
Plant & Machinery 5 years
Motor Vehicles 5 years
Fixtures & Fittings 3 years
Computer Equipment 3 years
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.
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 year 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
Page 3
Page 4
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 asset 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, during the year was as follows:
2023 2022
Field Staff 24 20
Administration 1 1
Directors 5 4
30 25
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 January 2023 364,223 60,992 19,390 444,605
Additions - 1,887 26,385 28,272
As at 31 December 2023 364,223 62,879 45,775 472,877
Depreciation
As at 1 January 2023 - 29,412 19,390 48,802
Provided during the period - 5,185 2,683 7,868
As at 31 December 2023 - 34,597 22,073 56,670
Net Book Value
As at 31 December 2023 364,223 28,282 23,702 416,207
As at 1 January 2023 364,223 31,580 - 395,803
5. Stocks
2023 2022
£ £
Materials 6,000 6,000
Page 4
Page 5
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 1,035,234 583,208
1,035,234 583,208
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 818,864 424,485
Bank loans and overdrafts 7,200 7,000
Corporation tax 316,545 66,755
Other taxes and social security 43,629 47,587
VAT 41,502 38,359
Other creditors - 4,977
Accruals and deferred income 2,500 2,000
Directors' loan accounts 2,192 3,499
1,232,432 594,662
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 184,457 192,378
184,457 192,378
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 50 100
Page 5