Acorah Software Products - Accounts Production 14.5.601 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 11806907 Mr Tony Martin Ms Lorraine Tee iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11806907 2023-02-28 11806907 2024-02-29 11806907 2023-03-01 2024-02-29 11806907 frs-core:CurrentFinancialInstruments 2024-02-29 11806907 frs-core:ComputerEquipment 2024-02-29 11806907 frs-core:ComputerEquipment 2023-03-01 2024-02-29 11806907 frs-core:ComputerEquipment 2023-02-28 11806907 frs-core:FurnitureFittings 2024-02-29 11806907 frs-core:FurnitureFittings 2023-03-01 2024-02-29 11806907 frs-core:FurnitureFittings 2023-02-28 11806907 frs-core:PlantMachinery 2024-02-29 11806907 frs-core:PlantMachinery 2023-03-01 2024-02-29 11806907 frs-core:PlantMachinery 2023-02-28 11806907 frs-core:WithinOneYear 2024-02-29 11806907 frs-core:ShareCapital 2024-02-29 11806907 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 11806907 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 11806907 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 11806907 frs-bus:SmallEntities 2023-03-01 2024-02-29 11806907 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 11806907 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 11806907 frs-bus:Director1 2023-03-01 2024-02-29 11806907 frs-bus:Director2 2023-03-01 2024-02-29 11806907 frs-countries:EnglandWales 2023-03-01 2024-02-29 11806907 2022-02-28 11806907 2023-02-28 11806907 2022-03-01 2023-02-28 11806907 frs-core:CurrentFinancialInstruments 2023-02-28 11806907 frs-core:WithinOneYear 2023-02-28 11806907 frs-core:ShareCapital 2023-02-28 11806907 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 11806907
B3 Build Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11806907
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 20,557 24,185
20,557 24,185
CURRENT ASSETS
Debtors 5 27,091 43,214
Cash at bank and in hand 13,371 20,506
40,462 63,720
Creditors: Amounts Falling Due Within One Year 6 (25,422 ) (26,457 )
NET CURRENT ASSETS (LIABILITIES) 15,040 37,263
TOTAL ASSETS LESS CURRENT LIABILITIES 35,597 61,448
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,906 ) (3,849 )
NET ASSETS 31,691 57,599
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 31,591 57,499
SHAREHOLDERS' FUNDS 31,691 57,599
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For the year ending 29 February 2024 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 Tony Martin
Director
17/04/2024
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
B3 Build Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11806907 . 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. 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.
...CONTINUED
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2.5. Taxation - continued
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: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 March 2023 38,838 442 1,264 40,544
As at 29 February 2024 38,838 442 1,264 40,544
Depreciation
As at 1 March 2023 15,782 123 454 16,359
Provided during the period 3,459 48 121 3,628
As at 29 February 2024 19,241 171 575 19,987
Net Book Value
As at 29 February 2024 19,597 271 689 20,557
As at 1 March 2023 23,056 319 810 24,185
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 21,004 26,596
Other debtors 6,087 16,618
27,091 43,214
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 517
Trade creditors 3,233 2,350
Other creditors 1,141 168
Taxation and social security 21,048 23,422
25,422 26,457
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7. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 517
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
Included in Other Debtors is an amount owed from the company director, Mr T Martin, totalling £973 (2022 - £11,403). No interest is to be charged. 
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