Acorah Software Products - Accounts Production 14.5.601 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 08133993 Mrs K J Delaney Mr P J Delaney Mr T M Delaney iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08133993 2022-07-31 08133993 2023-07-31 08133993 2022-08-01 2023-07-31 08133993 frs-core:CurrentFinancialInstruments 2023-07-31 08133993 frs-core:Non-currentFinancialInstruments 2023-07-31 08133993 frs-core:ComputerEquipment 2023-07-31 08133993 frs-core:ComputerEquipment 2022-08-01 2023-07-31 08133993 frs-core:ComputerEquipment 2022-07-31 08133993 frs-core:FurnitureFittings 2022-08-01 2023-07-31 08133993 frs-core:MotorVehicles 2023-07-31 08133993 frs-core:MotorVehicles 2022-08-01 2023-07-31 08133993 frs-core:MotorVehicles 2022-07-31 08133993 frs-core:PlantMachinery 2023-07-31 08133993 frs-core:PlantMachinery 2022-08-01 2023-07-31 08133993 frs-core:PlantMachinery 2022-07-31 08133993 frs-core:ShareCapital 2023-07-31 08133993 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 08133993 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 08133993 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 08133993 frs-bus:SmallEntities 2022-08-01 2023-07-31 08133993 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 08133993 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 08133993 frs-bus:Director1 2022-08-01 2023-07-31 08133993 frs-bus:Director2 2022-08-01 2023-07-31 08133993 frs-bus:Director3 2022-08-01 2023-07-31 08133993 frs-countries:EnglandWales 2022-08-01 2023-07-31 08133993 2021-07-31 08133993 2022-07-31 08133993 2021-08-01 2022-07-31 08133993 frs-core:CurrentFinancialInstruments 2022-07-31 08133993 frs-core:Non-currentFinancialInstruments 2022-07-31 08133993 frs-core:ShareCapital 2022-07-31 08133993 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 08133993
The Bristol Sign Company Ltd
Financial Statements
For The Year Ended 31 July 2023
William Price & Co Limited
Chartered Accountants
Westbury Court Church Road
Westbury On Trym
Bristol
BS9 3EF
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08133993
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 83,475 2,887
83,475 2,887
CURRENT ASSETS
Stocks 4 30,000 17,000
Debtors 5 166,648 143,957
Cash at bank and in hand 507,377 57,267
704,025 218,224
Creditors: Amounts Falling Due Within One Year 6 (278,603 ) (60,830 )
NET CURRENT ASSETS (LIABILITIES) 425,422 157,394
TOTAL ASSETS LESS CURRENT LIABILITIES 508,897 160,281
Creditors: Amounts Falling Due After More Than One Year 7 (18,298 ) (28,334 )
NET ASSETS 490,599 131,947
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 490,499 131,847
SHAREHOLDERS' FUNDS 490,599 131,947
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For the year ending 31 July 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 P J Delaney
Director
24 April 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.
1.3. 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 5 years straight line
Motor Vehicles 5 years straight line
Fixtures & Fittings 5 years straight line
Computer Equipment 5 years straight line
1.4. 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. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2. Average Number of Employees
74Average number of employees, including directors, during the year was as follows: 7 (2022: 7)
7 7
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3. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 August 2022 10,941 42,785 22,317 76,043
Additions 73,369 26,861 3,349 103,579
Disposals - (16,950 ) - (16,950 )
As at 31 July 2023 84,310 52,696 25,666 162,672
Depreciation
As at 1 August 2022 9,796 41,258 22,102 73,156
Provided during the period 15,315 6,899 777 22,991
Disposals - (16,950 ) - (16,950 )
As at 31 July 2023 25,111 31,207 22,879 79,197
Net Book Value
As at 31 July 2023 59,199 21,489 2,787 83,475
As at 1 August 2022 1,145 1,527 215 2,887
4. Stocks
2023 2022
£ £
Stock - materials 30,000 17,000
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 118,393 67,775
Other debtors 7,212 60,194
VAT 41,043 15,988
166,648 143,957
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6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 127,465 16,854
Bank loans and overdrafts 10,000 10,000
Corporation tax 137,368 31,656
Other taxes and social security 270 270
Accruals and deferred income 3,500 2,050
278,603 60,830
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 18,298 28,334
18,298 28,334
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
9. General Information
The Bristol Sign Company Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08133993 . The registered office is 12 Colliter Crescent, Ashton, Bristol, BS3 2PA.
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