Acorah Software Products - Accounts Production 15.0.500 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 01830071 Mr Glyn Tucker the directors true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01830071 2022-10-31 01830071 2023-10-31 01830071 2022-11-01 2023-10-31 01830071 frs-core:CurrentFinancialInstruments 2023-10-31 01830071 frs-core:Non-currentFinancialInstruments 2023-10-31 01830071 frs-core:BetweenOneFiveYears 2023-10-31 01830071 frs-core:ComputerEquipment 2023-10-31 01830071 frs-core:ComputerEquipment 2022-11-01 2023-10-31 01830071 frs-core:ComputerEquipment 2022-10-31 01830071 frs-core:FurnitureFittings 2023-10-31 01830071 frs-core:FurnitureFittings 2022-11-01 2023-10-31 01830071 frs-core:FurnitureFittings 2022-10-31 01830071 frs-core:MotorVehicles 2023-10-31 01830071 frs-core:MotorVehicles 2022-11-01 2023-10-31 01830071 frs-core:MotorVehicles 2022-10-31 01830071 frs-core:PlantMachinery 2023-10-31 01830071 frs-core:PlantMachinery 2022-11-01 2023-10-31 01830071 frs-core:PlantMachinery 2022-10-31 01830071 frs-core:WithinOneYear 2023-10-31 01830071 frs-core:ShareCapital 2023-10-31 01830071 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 01830071 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 01830071 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 01830071 frs-bus:SmallEntities 2022-11-01 2023-10-31 01830071 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 01830071 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 01830071 frs-bus:OrdinaryShareClass1 2022-11-01 2023-10-31 01830071 frs-bus:OrdinaryShareClass1 2023-10-31 01830071 frs-bus:OrdinaryShareClass3 2022-11-01 2023-10-31 01830071 frs-bus:OrdinaryShareClass3 2023-10-31 01830071 1 2022-11-01 2023-10-31 01830071 frs-core:UnlistedNon-exchangeTraded 2023-10-31 01830071 frs-core:UnlistedNon-exchangeTraded 2022-10-31 01830071 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-10-31 01830071 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-10-31 01830071 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-10-31 01830071 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-10-31 01830071 frs-bus:Director1 2022-11-01 2023-10-31 01830071 frs-countries:EnglandWales 2022-11-01 2023-10-31 01830071 2021-10-31 01830071 2022-10-31 01830071 2021-11-01 2022-10-31 01830071 frs-core:CurrentFinancialInstruments 2022-10-31 01830071 frs-core:Non-currentFinancialInstruments 2022-10-31 01830071 frs-core:BetweenOneFiveYears 2022-10-31 01830071 frs-core:PlantMachinery 2021-11-01 2022-10-31 01830071 frs-core:WithinOneYear 2022-10-31 01830071 frs-core:ShareCapital 2022-10-31 01830071 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31 01830071 frs-bus:OrdinaryShareClass1 2021-11-01 2022-10-31 01830071 frs-bus:OrdinaryShareClass3 2021-11-01 2022-10-31
Registered number: 01830071
Exe Valley Design & Print Limited
Unaudited Financial Statements
For The Year Ended 31 October 2023
SPF Accountancy Ltd t/a Waterman Brown
Unit 14 Dunchideock Barton
Dunchideock
Exeter
EX2 9UA
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 01830071
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 21,953 34,415
Investments 5 20,000 20,000
41,953 54,415
CURRENT ASSETS
Stocks 6 15,000 15,000
Debtors 7 41,748 40,718
Cash at bank and in hand 171,537 122,472
228,285 178,190
Creditors: Amounts Falling Due Within One Year 8 (38,372 ) (39,139 )
NET CURRENT ASSETS (LIABILITIES) 189,913 139,051
TOTAL ASSETS LESS CURRENT LIABILITIES 231,866 193,466
Creditors: Amounts Falling Due After More Than One Year 9 (6,366 ) (12,007 )
NET ASSETS 225,500 181,459
CAPITAL AND RESERVES
Called up share capital 11 1,002 1,002
Profit and Loss Account 224,498 180,457
SHAREHOLDERS' FUNDS 225,500 181,459
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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 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 Glyn Tucker
Director
30/07/2024
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Exe Valley Design & Print Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01830071 . The registered office is Grace House, Hennock Road North, Marsh Barton, Exeter, EX2 8AG.
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. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 15% on cost
Motor Vehicles 20% on cost
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% and 20% on cost
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 4)
2 4
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 November 2022 291,461 16,954 5,855 18,942 333,212
Additions - - 792 477 1,269
Disposals (163,000 ) - - - (163,000 )
As at 31 October 2023 128,461 16,954 6,647 19,419 171,481
Depreciation
As at 1 November 2022 262,538 11,868 5,852 18,539 298,797
Provided during the period 10,134 3,391 33 172 13,730
Disposals (162,999 ) - - - (162,999 )
As at 31 October 2023 109,673 15,259 5,885 18,711 149,528
Net Book Value
As at 31 October 2023 18,788 1,695 762 708 21,953
As at 1 November 2022 28,923 5,086 3 403 34,415
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2023 2022
£ £
Plant & Machinery - 14,921
- 14,921
5. Investments
Unlisted
£
Cost
As at 1 November 2022 20,000
As at 31 October 2023 20,000
Provision
As at 1 November 2022 -
As at 31 October 2023 -
Net Book Value
As at 31 October 2023 20,000
As at 1 November 2022 20,000
The company's investments at the balance sheet date in the share capital of companies include the following:

Associated company

Impressions (Exeter) Limited
Nature of business: commercial building services

Ordinary shares - 50%
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6. Stocks
2023 2022
£ £
Materials 8,000 8,000
Work in progress 7,000 7,000
15,000 15,000
7. Debtors
2023 2022
£ £
Due within one year
Trade debtors 18,171 17,152
Prepayments and accrued income 264 253
Other debtors 23,313 23,313
41,748 40,718
8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 5,641 5,293
Trade creditors 5,391 6,429
Other taxes and social security 1,543 2,369
VAT 4,667 1,019
Other creditors 1,382 2,131
Accruals and deferred income 1,350 3,500
Directors' loan accounts 18,398 18,398
38,372 39,139
9. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 6,366 12,007
6,366 12,007
10. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 5,641 5,293
Later than one year and not later than five years 6,366 12,007
12,007 17,300
12,007 17,300
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11. Share Capital
2023 2022
Allotted, called up and fully paid £ £
1,000 Ordinary Shares of £ 1 each 1,000 1,000
2 Ordinary B shares of £ 1 each 2 2
1,002 1,002
The ordinary B shares are non voting shares and do not participate in the winding up of the company. In all other aspects they rank equally with the ordinary shares.
12. Related Party Transactions
Impressions (Exeter) LtdA company in which Mr G S Tucker is a director and shareholder.During the year under review the company rented trading premises from Impressions (Exeter) Ltd which amounted to £11,400 (2019 : £11,400). No amounts were outstanding as at the year end.

Impressions (Exeter) Ltd

A company in which Mr G S Tucker is a director and shareholder.

During the year under review the company rented trading premises from Impressions (Exeter) Ltd which amounted to £11,400 (2019 : £11,400). No amounts were outstanding as at the year end.

13. Ultimate Controlling Party
The company's ultimate controlling party are the directors by virtue of their ownership of 100% of the issued share capital in the company.
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