Acorah Software Products - Accounts Production 14.6.300 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 09281441 Mr S Calver iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09281441 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2023-10-31 09281441 2022-10-31 09281441 2023-10-31 09281441 2022-11-01 2023-10-31 09281441 frs-core:CurrentFinancialInstruments 2023-10-31 09281441 frs-core:Non-currentFinancialInstruments 2023-10-31 09281441 frs-core:BetweenOneFiveYears 2023-10-31 09281441 frs-core:MotorVehicles 2023-10-31 09281441 frs-core:MotorVehicles 2022-11-01 2023-10-31 09281441 frs-core:MotorVehicles 2022-10-31 09281441 frs-core:PlantMachinery 2023-10-31 09281441 frs-core:PlantMachinery 2022-11-01 2023-10-31 09281441 frs-core:PlantMachinery 2022-10-31 09281441 frs-core:WithinOneYear 2023-10-31 09281441 frs-core:ShareCapital 2023-10-31 09281441 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 09281441 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 09281441 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 09281441 frs-bus:SmallEntities 2022-11-01 2023-10-31 09281441 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 09281441 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 09281441 frs-bus:Director1 2022-11-01 2023-10-31 09281441 frs-countries:EnglandWales 2022-11-01 2023-10-31 09281441 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2022-10-31 09281441 2021-10-31 09281441 2022-10-31 09281441 2021-11-01 2022-10-31 09281441 frs-core:CurrentFinancialInstruments 2022-10-31 09281441 frs-core:Non-currentFinancialInstruments 2022-10-31 09281441 frs-core:BetweenOneFiveYears 2022-10-31 09281441 frs-core:WithinOneYear 2022-10-31 09281441 frs-core:ShareCapital 2022-10-31 09281441 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 09281441
Anglian Metal Roofing Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2023
Steve Pye & Co.
Chartered Certified Accountants
Unit 10 Aylsham Business Park
Richard Oakes Road
Aylsham, Norwich
Norfolk
NR11 6FD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09281441
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 58,458 14,094
58,458 14,094
CURRENT ASSETS
Stocks 5 10,000 5,500
Debtors 6 50,600 42,612
Cash at bank and in hand 32,607 9,147
93,207 57,259
Creditors: Amounts Falling Due Within One Year 7 (32,707 ) (35,348 )
NET CURRENT ASSETS (LIABILITIES) 60,500 21,911
TOTAL ASSETS LESS CURRENT LIABILITIES 118,958 36,005
Creditors: Amounts Falling Due After More Than One Year 8 (67,719 ) (27,143 )
NET ASSETS 51,239 8,862
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 51,139 8,762
SHAREHOLDERS' FUNDS 51,239 8,862
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 S Calver
Director
29 July 2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Anglian Metal Roofing Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09281441 . The registered office is Unit 10 Aylsham Business Park Richard Oakes Road, Aylsham, Norwich, Norfolk, NR11 6FD.  The presentation currency of the financial statements is the Pound Sterling (£).
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 25% on cost
Motor Vehicles 25% reducing balance
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. 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.
2.6. Financial Instruments
The company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.
a) Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.
b) Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand.
c) Impairment of financial assets
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.
For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.
...CONTINUED
Page 3
Page 4
2.6. Financial Instruments - continued
For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.
d) Trade and other creditors
Debt instruments like loans and other accounts payable are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable within one year, typically trade payables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an outright short-term loan not at market rate, the financial asset is measured, initially and subsequently, at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
2.7. 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: 1 (2022: 2)
1 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 November 2022 16,899 24,145 41,044
Additions 24,192 44,750 68,942
Disposals - (5,195 ) (5,195 )
As at 31 October 2023 41,091 63,700 104,791
...CONTINUED
Page 4
Page 5
Depreciation
As at 1 November 2022 13,300 13,650 26,950
Provided during the period 7,844 12,838 20,682
Disposals - (1,299 ) (1,299 )
As at 31 October 2023 21,144 25,189 46,333
Net Book Value
As at 31 October 2023 19,947 38,511 58,458
As at 1 November 2022 3,599 10,495 14,094
5. Stocks
2023 2022
£ £
Stock 10,000 5,500
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 13,940 8,270
Other debtors 36,660 34,342
50,600 42,612
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 9,610 2,000
Trade creditors 7,486 18,390
Bank loans and overdrafts 7,270 -
Other creditors 5,907 3,499
Taxation and social security 2,434 11,459
32,707 35,348
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 26,062 1,833
Bank loans 41,657 25,310
67,719 27,143
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2023 2022
£ £
Bank loans 5,555 25,310
Page 5
Page 6
9. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 9,610 2,000
Later than one year and not later than five years 26,062 1,833
35,672 3,833
35,672 3,833
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 6