Acorah Software Products - Accounts Production 15.0.500 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 07660109 Mr Andrew Armstrong Mrs Dawn Armstrong Mrs Dawn Armstrong iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07660109 2023-06-30 07660109 2024-06-30 07660109 2023-07-01 2024-06-30 07660109 frs-core:CurrentFinancialInstruments 2024-06-30 07660109 frs-core:ComputerEquipment 2024-06-30 07660109 frs-core:ComputerEquipment 2023-07-01 2024-06-30 07660109 frs-core:ComputerEquipment 2023-06-30 07660109 frs-core:FurnitureFittings 2024-06-30 07660109 frs-core:FurnitureFittings 2023-07-01 2024-06-30 07660109 frs-core:FurnitureFittings 2023-06-30 07660109 frs-core:NetGoodwill 2024-06-30 07660109 frs-core:NetGoodwill 2023-07-01 2024-06-30 07660109 frs-core:NetGoodwill 2023-06-30 07660109 frs-core:MotorVehicles 2024-06-30 07660109 frs-core:MotorVehicles 2023-07-01 2024-06-30 07660109 frs-core:MotorVehicles 2023-06-30 07660109 frs-core:PlantMachinery 2024-06-30 07660109 frs-core:PlantMachinery 2023-07-01 2024-06-30 07660109 frs-core:PlantMachinery 2023-06-30 07660109 frs-core:ShareCapital 2024-06-30 07660109 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 07660109 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 07660109 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 07660109 frs-bus:SmallEntities 2023-07-01 2024-06-30 07660109 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 07660109 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 07660109 frs-bus:Director1 2023-07-01 2024-06-30 07660109 frs-bus:Director2 2023-07-01 2024-06-30 07660109 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 07660109 frs-countries:EnglandWales 2023-07-01 2024-06-30 07660109 2022-06-30 07660109 2023-06-30 07660109 2022-07-01 2023-06-30 07660109 frs-core:CurrentFinancialInstruments 2023-06-30 07660109 frs-core:ShareCapital 2023-06-30 07660109 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 07660109
Armstrong Masonry Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
James Khan
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07660109
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 20,791 15,759
20,791 15,759
CURRENT ASSETS
Debtors 6 64,445 15,556
Cash at bank and in hand 16,184 55,464
80,629 71,020
Creditors: Amounts Falling Due Within One Year 7 (85,779 ) (59,164 )
NET CURRENT ASSETS (LIABILITIES) (5,150 ) 11,856
TOTAL ASSETS LESS CURRENT LIABILITIES 15,641 27,615
NET ASSETS 15,641 27,615
CAPITAL AND RESERVES
Called up share capital 8 103 103
Profit and Loss Account 15,538 27,512
SHAREHOLDERS' FUNDS 15,641 27,615
Page 1
Page 2
For the year ending 30 June 2024 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 Andrew Armstrong
Director
Mrs Dawn Armstrong
Director
26/07/2024
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
Armstrong Masonry Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07660109 . The registered office is 1 Conway Drive, Barry, South Glamorgan, CF62 7EZ.
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. 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 has been fully amortised to profit and loss account over its estimated economic life of 10 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 15% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance
Computer Equipment 15% reducing balance
2.5. 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 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.
Current 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 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: 5 (2023: 4)
5 4
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4. Intangible Assets
Goodwill
£
Cost
As at 1 July 2023 10,000
As at 30 June 2024 10,000
Amortisation
As at 1 July 2023 10,000
As at 30 June 2024 10,000
Net Book Value
As at 30 June 2024 -
As at 1 July 2023 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 July 2023 3,402 31,412 765 1,635 37,214
Additions - 11,000 - - 11,000
As at 30 June 2024 3,402 42,412 765 1,635 48,214
Depreciation
As at 1 July 2023 1,790 18,289 256 1,120 21,455
Provided during the period 242 5,572 77 77 5,968
As at 30 June 2024 2,032 23,861 333 1,197 27,423
Net Book Value
As at 30 June 2024 1,370 18,551 432 438 20,791
As at 1 July 2023 1,612 13,123 509 515 15,759
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 56,301 13,098
Other debtors 8,144 2,458
64,445 15,556
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 65,355 50,157
Taxation and social security 20,424 9,007
85,779 59,164
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8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 103 103
Page 5