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 04919101 Mr P J Howse Mrs J E Howse iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04919101 2022-10-31 04919101 2023-10-31 04919101 2022-11-01 2023-10-31 04919101 frs-core:CurrentFinancialInstruments 2023-10-31 04919101 frs-core:ComputerEquipment 2023-10-31 04919101 frs-core:ComputerEquipment 2022-11-01 2023-10-31 04919101 frs-core:ComputerEquipment 2022-10-31 04919101 frs-core:FurnitureFittings 2022-11-01 2023-10-31 04919101 frs-core:NetGoodwill 2023-10-31 04919101 frs-core:NetGoodwill 2022-11-01 2023-10-31 04919101 frs-core:NetGoodwill 2022-10-31 04919101 frs-core:MotorVehicles 2023-10-31 04919101 frs-core:MotorVehicles 2022-11-01 2023-10-31 04919101 frs-core:MotorVehicles 2022-10-31 04919101 frs-core:PlantMachinery 2022-11-01 2023-10-31 04919101 frs-core:ShareCapital 2023-10-31 04919101 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 04919101 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 04919101 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 04919101 frs-bus:SmallEntities 2022-11-01 2023-10-31 04919101 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 04919101 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 04919101 frs-bus:Director1 2022-11-01 2023-10-31 04919101 frs-bus:CompanySecretary1 2022-11-01 2023-10-31 04919101 frs-countries:EnglandWales 2022-11-01 2023-10-31 04919101 2021-10-31 04919101 2022-10-31 04919101 2021-11-01 2022-10-31 04919101 frs-core:CurrentFinancialInstruments 2022-10-31 04919101 frs-core:ShareCapital 2022-10-31 04919101 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 04919101
P J Howse Limited
Financial Statements
For The Year Ended 31 October 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: 04919101
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 19,738 23,990
19,738 23,990
CURRENT ASSETS
Debtors 5 62,732 80,615
Cash at bank and in hand 145,501 135,525
208,233 216,140
Creditors: Amounts Falling Due Within One Year 6 (34,311 ) (42,232 )
NET CURRENT ASSETS (LIABILITIES) 173,922 173,908
TOTAL ASSETS LESS CURRENT LIABILITIES 193,660 197,898
NET ASSETS 193,660 197,898
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 193,560 197,798
SHAREHOLDERS' FUNDS 193,660 197,898
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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 P J Howse
Director
26 July 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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
1.4. 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 4 Years
Motor Vehicles 5 Years
Fixtures & Fittings 4 Years
Computer Equipment 4 Years
1.5. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 1 (2022: 1)
1 1
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3. Intangible Assets
Goodwill
£
Cost
As at 1 November 2022 30,000
As at 31 October 2023 30,000
Amortisation
As at 1 November 2022 30,000
As at 31 October 2023 30,000
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 November 2022 28,674 11,225 39,899
Additions - 2,546 2,546
As at 31 October 2023 28,674 13,771 42,445
Depreciation
As at 1 November 2022 5,735 10,174 15,909
Provided during the period 5,735 1,063 6,798
As at 31 October 2023 11,470 11,237 22,707
Net Book Value
As at 31 October 2023 17,204 2,534 19,738
As at 1 November 2022 22,939 1,051 23,990
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 58,640 77,294
Other debtors 4,092 3,321
62,732 80,615
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6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 8,145 16,299
Taxes and social security 13,322 15,523
Other creditors 12,844 10,410
34,311 42,232
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
8. Related Party Transactions
Included in other creditors is an amount of £8,592 (2022: £7,714) which is due to the director.
9. General Information
P J Howse Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04919101 . The registered office is Westbury Court, Church Road, Westbury-On-Trym, Bristol, BS9 3EF.
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