Acorah Software Products - Accounts Production 15.0.500 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 09363546 Mr Matthew Smith Mrs Emma-Clare Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09363546 2022-12-31 09363546 2023-12-31 09363546 2023-01-01 2023-12-31 09363546 frs-core:CurrentFinancialInstruments 2023-12-31 09363546 frs-core:Non-currentFinancialInstruments 2023-12-31 09363546 frs-core:NetGoodwill 2023-12-31 09363546 frs-core:NetGoodwill 2023-01-01 2023-12-31 09363546 frs-core:NetGoodwill 2022-12-31 09363546 frs-core:MotorVehicles 2023-12-31 09363546 frs-core:MotorVehicles 2023-01-01 2023-12-31 09363546 frs-core:MotorVehicles 2022-12-31 09363546 frs-core:PlantMachinery 2023-12-31 09363546 frs-core:PlantMachinery 2023-01-01 2023-12-31 09363546 frs-core:PlantMachinery 2022-12-31 09363546 frs-core:ShareCapital 2023-12-31 09363546 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09363546 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09363546 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 09363546 frs-bus:SmallEntities 2023-01-01 2023-12-31 09363546 frs-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 09363546 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 09363546 frs-bus:Director1 2023-01-01 2023-12-31 09363546 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 09363546 frs-countries:EnglandWales 2023-01-01 2023-12-31 09363546 2021-12-31 09363546 2022-12-31 09363546 2022-01-01 2022-12-31 09363546 frs-core:CurrentFinancialInstruments 2022-12-31 09363546 frs-core:Non-currentFinancialInstruments 2022-12-31 09363546 frs-core:ShareCapital 2022-12-31 09363546 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 09363546
CONSERVATORY BUILDINGS LIMITED
Unaudited Financial Statements
For The Year Ended 31 December 2023
Chippendale and Clark
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CONSERVATORY BUILDINGS LIMITED for the year ended 31 December 2023 which comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.
This report is made solely to the director of CONSERVATORY BUILDINGS LIMITED in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of CONSERVATORY BUILDINGS LIMITED and state those matters that we have agreed to state to the director of CONSERVATORY BUILDINGS LIMITED in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.
It is your duty to ensure that CONSERVATORY BUILDINGS LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of CONSERVATORY BUILDINGS LIMITED . You consider that CONSERVATORY BUILDINGS LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of CONSERVATORY BUILDINGS LIMITED . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Signed
Phil Clark
01/05/2024
Chippendale and Clark
Chartered Management Accountants
Absol House
Ivy Road Industrial Estate
Chippenham
SN15 1SB
Page 1
Page 2
Balance Sheet
Registered number: 09363546
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 2,750 5,500
Tangible Assets 5 36,434 48,087
39,184 53,587
CURRENT ASSETS
Debtors 6 7,277 5,000
Cash at bank and in hand 267,800 144,806
275,077 149,806
Creditors: Amounts Falling Due Within One Year 7 (80,444 ) (26,559 )
NET CURRENT ASSETS (LIABILITIES) 194,633 123,247
TOTAL ASSETS LESS CURRENT LIABILITIES 233,817 176,834
Creditors: Amounts Falling Due After More Than One Year 8 (14,167 ) (24,167 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,783 ) (9,137 )
NET ASSETS 210,867 143,530
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 210,865 143,528
SHAREHOLDERS' FUNDS 210,867 143,530
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For the year ending 31 December 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 Matthew Smith
Director
01/05/2024
The notes on pages 4 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
CONSERVATORY BUILDINGS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 09363546 . The registered office is 7/8 Avon Reach, Monkton Hill, Chippenham, Wiltshire, SN15 1EE.
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 form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover form 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. 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 4 years.
2.4. 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 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
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 year 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 asset reflects 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: 1)
1 1
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4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2023 11,000
As at 31 December 2023 11,000
Amortisation
As at 1 January 2023 5,500
Provided during the period 2,750
As at 31 December 2023 8,250
Net Book Value
As at 31 December 2023 2,750
As at 1 January 2023 5,500
5. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 January 2023 9,867 58,790 68,657
Additions (630 ) - (630 )
As at 31 December 2023 9,237 58,790 68,027
Depreciation
As at 1 January 2023 5,872 14,698 20,570
Provided during the period - 11,023 11,023
As at 31 December 2023 5,872 25,721 31,593
Net Book Value
As at 31 December 2023 3,365 33,069 36,434
As at 1 January 2023 3,995 44,092 48,087
6. Debtors
2023 2022
£ £
Due within one year
Other debtors 5,000 5,000
Corporation tax recoverable assets 2,277 -
7,277 5,000
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7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 7,466 318
Bank loans and overdrafts 10,000 10,000
Corporation tax 35,722 (2,200 )
Other taxes and social security 400 1,914
VAT 15,573 15,461
Accruals and deferred income 573 573
Director's loan account 10,710 493
80,444 26,559
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 14,167 24,167
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
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