Acorah Software Products - Accounts Production 15.0.500 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 12656445 Mr Luke Turner Mr Arron Joyce iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12656445 2023-03-31 12656445 2024-03-31 12656445 2023-04-01 2024-03-31 12656445 frs-core:CurrentFinancialInstruments 2024-03-31 12656445 frs-core:Non-currentFinancialInstruments 2024-03-31 12656445 frs-core:BetweenOneFiveYears 2024-03-31 12656445 frs-core:ComputerEquipment 2024-03-31 12656445 frs-core:ComputerEquipment 2023-04-01 2024-03-31 12656445 frs-core:ComputerEquipment 2023-03-31 12656445 frs-core:MotorVehicles 2024-03-31 12656445 frs-core:MotorVehicles 2023-04-01 2024-03-31 12656445 frs-core:MotorVehicles 2023-03-31 12656445 frs-core:PlantMachinery 2024-03-31 12656445 frs-core:PlantMachinery 2023-04-01 2024-03-31 12656445 frs-core:PlantMachinery 2023-03-31 12656445 frs-core:WithinOneYear 2024-03-31 12656445 frs-core:ShareCapital 2024-03-31 12656445 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 12656445 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12656445 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 12656445 frs-bus:SmallEntities 2023-04-01 2024-03-31 12656445 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 12656445 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 12656445 frs-bus:Director1 2023-04-01 2024-03-31 12656445 frs-bus:Director2 2023-04-01 2024-03-31 12656445 frs-countries:EnglandWales 2023-04-01 2024-03-31 12656445 2022-03-31 12656445 2023-03-31 12656445 2022-04-01 2023-03-31 12656445 frs-core:CurrentFinancialInstruments 2023-03-31 12656445 frs-core:Non-currentFinancialInstruments 2023-03-31 12656445 frs-core:BetweenOneFiveYears 2023-03-31 12656445 frs-core:MotorVehicles 2022-04-01 2023-03-31 12656445 frs-core:WithinOneYear 2023-03-31 12656445 frs-core:ShareCapital 2023-03-31 12656445 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 12656445
A & L Building Contractors Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Association of Chartered Certified Accountants (ACCA)
Key Accountants
Office 5, The Forest Rock Offices
Leicester Road, Whitwick
Leicestershire
LE67 5GQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12656445
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,922 12,757
8,922 12,757
CURRENT ASSETS
Debtors 5 13,200 20,588
Cash at bank and in hand 17,853 46,719
31,053 67,307
Creditors: Amounts Falling Due Within One Year 6 (33,788 ) (71,957 )
NET CURRENT ASSETS (LIABILITIES) (2,735 ) (4,650 )
TOTAL ASSETS LESS CURRENT LIABILITIES 6,187 8,107
Creditors: Amounts Falling Due After More Than One Year 7 (923 ) (3,114 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,759 ) (1,988 )
NET ASSETS 3,505 3,005
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account 3,503 3,003
SHAREHOLDERS' FUNDS 3,505 3,005
Page 1
Page 2
For the year ending 31 March 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 Arron Joyce
Director
17th June 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
A & L Building Contractors Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12656445 . The registered office is Office 5, The Forest Rock Offices Leicester Road, Whitwick, Coalville, Leicestershire, LE67 5GQ.
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% straight line
Motor Vehicles 33% straight line
Computer Equipment 33% straight line
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. 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.
...CONTINUED
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Page 4
2.5. Taxation - continued
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:
2024 2023
Office and administration 2 2
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 3,176 23,745 940 27,861
As at 31 March 2024 3,176 23,745 940 27,861
Depreciation
As at 1 April 2023 2,195 12,357 552 15,104
Provided during the period 794 2,847 194 3,835
As at 31 March 2024 2,989 15,204 746 18,939
Net Book Value
As at 31 March 2024 187 8,541 194 8,922
As at 1 April 2023 981 11,388 388 12,757
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2024 2023
£ £
Motor Vehicles 4,113 5,484
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 13,200 20,588
Page 4
Page 5
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 2,191 2,191
Corporation tax 25,073 15,990
Other taxes and social security - 3,862
VAT 5,850 14,050
Accruals and deferred income - 18,898
Directors' loan accounts 674 16,966
33,788 71,957
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 923 3,114
8. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 3,114 5,305
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 2,191 2,191
Later than one year and not later than five years 923 3,114
3,114 5,305
3,114 5,305
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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