Acorah Software Products - Accounts Production 15.0.400 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 01660650 Miss Caron Chattwood Mr Charles Duerden Miss Caron Chattwood iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01660650 2022-10-31 01660650 2023-10-31 01660650 2022-11-01 2023-10-31 01660650 frs-core:Non-currentFinancialInstruments 2023-10-31 01660650 frs-core:ComputerEquipment 2022-11-01 2023-10-31 01660650 frs-core:FurnitureFittings 2022-11-01 2023-10-31 01660650 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 01660650 frs-core:PlantMachinery 2022-11-01 2023-10-31 01660650 frs-core:ShareCapital 2023-10-31 01660650 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 01660650 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 01660650 frs-bus:AbridgedAccounts 2022-11-01 2023-10-31 01660650 frs-bus:SmallEntities 2022-11-01 2023-10-31 01660650 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 01660650 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 01660650 frs-bus:Director1 2022-11-01 2023-10-31 01660650 frs-bus:Director2 2022-11-01 2023-10-31 01660650 frs-bus:CompanySecretary1 2022-11-01 2023-10-31 01660650 frs-countries:EnglandWales 2022-11-01 2023-10-31 01660650 2021-10-31 01660650 2022-10-31 01660650 2021-11-01 2022-10-31 01660650 frs-core:Non-currentFinancialInstruments 2022-10-31 01660650 frs-core:ShareCapital 2022-10-31 01660650 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 01660650
M. Duerden Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 October 2023
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 01660650
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 188,122 191,848
188,122 191,848
CURRENT ASSETS
Stocks 199,220 216,892
Debtors 252,422 257,308
Cash at bank and in hand 16,072 8,413
467,714 482,613
Creditors: Amounts Falling Due Within One Year (392,142 ) (396,152 )
NET CURRENT ASSETS (LIABILITIES) 75,572 86,461
TOTAL ASSETS LESS CURRENT LIABILITIES 263,694 278,309
Creditors: Amounts Falling Due After More Than One Year (112,567 ) (124,484 )
NET ASSETS 151,127 153,825
CAPITAL AND RESERVES
Called up share capital 5 25,000 25,000
Profit and Loss Account 126,127 128,825
SHAREHOLDERS' FUNDS 151,127 153,825
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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 October 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Charles Duerden
Director
25 July 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
M. Duerden Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01660650 . The registered office is Unit 2, Healeywood Road, Burnley, BB11 2NG.
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:
Freehold 2% on cost
Plant & Machinery 15% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 25% on cost
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. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2022: 9)
8 9
4. Tangible Assets
Total
£
Cost
As at 1 November 2022 658,315
Additions 810
As at 31 October 2023 659,125
Depreciation
As at 1 November 2022 466,467
Provided during the period 4,536
As at 31 October 2023 471,003
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 October 2023 188,122
As at 1 November 2022 191,848
5. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 25,000 25,000
Page 4