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 08256981 Mr David Worley Mr Paul Thomas iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08256981 2022-10-31 08256981 2023-10-31 08256981 2022-11-01 2023-10-31 08256981 frs-core:CurrentFinancialInstruments 2023-10-31 08256981 frs-core:Non-currentFinancialInstruments 2023-10-31 08256981 frs-core:PlantMachinery 2023-10-31 08256981 frs-core:PlantMachinery 2022-11-01 2023-10-31 08256981 frs-core:PlantMachinery 2022-10-31 08256981 frs-core:ShareCapital 2023-10-31 08256981 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 08256981 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 08256981 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 08256981 frs-bus:SmallEntities 2022-11-01 2023-10-31 08256981 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 08256981 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 08256981 frs-bus:Director1 2022-11-01 2023-10-31 08256981 frs-bus:Director2 2022-11-01 2023-10-31 08256981 frs-countries:EnglandWales 2022-11-01 2023-10-31 08256981 2021-10-31 08256981 2022-10-31 08256981 2021-11-01 2022-10-31 08256981 frs-core:CurrentFinancialInstruments 2022-10-31 08256981 frs-core:Non-currentFinancialInstruments 2022-10-31 08256981 frs-core:ShareCapital 2022-10-31 08256981 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 08256981
Thomas Worley Electrical Services Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08256981
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,780 7,454
6,780 7,454
CURRENT ASSETS
Debtors 5 139,042 172,485
Cash at bank and in hand 34,944 46,787
173,986 219,272
Creditors: Amounts Falling Due Within One Year 6 (44,408 ) (82,401 )
NET CURRENT ASSETS (LIABILITIES) 129,578 136,871
TOTAL ASSETS LESS CURRENT LIABILITIES 136,358 144,325
Creditors: Amounts Falling Due After More Than One Year 7 (29,225 ) (35,049 )
NET ASSETS 107,133 109,276
CAPITAL AND RESERVES
Called up share capital 8 12 12
Profit and Loss Account 107,121 109,264
SHAREHOLDERS' FUNDS 107,133 109,276
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.
On behalf of the board
Mr David Worley
Director
Mr Paul Thomas
Director
30/07/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Thomas Worley Electrical Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08256981 . The registered office is 1 Chalmers Close, Charlwood, Horley, RH6 0DP.
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:
Plant & Machinery 25%
2.4. 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 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.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2022: 5)
5 5
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4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 November 2022 52,338
Additions 1,585
As at 31 October 2023 53,923
Depreciation
As at 1 November 2022 44,884
Provided during the period 2,259
As at 31 October 2023 47,143
Net Book Value
As at 31 October 2023 6,780
As at 1 November 2022 7,454
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 133,377 37,914
CIS control - 108,969
VAT 5,665 25,602
139,042 172,485
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 20,571 40,474
Bank loans and overdrafts 5,990 6,245
Corporation tax 17,847 32,555
Directors' loan accounts - 3,127
44,408 82,401
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 29,225 35,049
29,225 35,049
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Page 5
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 12 12
Page 5