Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 02865559 Mr Shaun Astell Mr Donald Hedington Mr Donald Hedington iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02865559 2023-03-31 02865559 2024-03-31 02865559 2023-04-01 2024-03-31 02865559 frs-core:CurrentFinancialInstruments 2024-03-31 02865559 frs-core:ComputerEquipment 2023-04-01 2024-03-31 02865559 frs-core:LandBuildings 2024-03-31 02865559 frs-core:LandBuildings 2023-04-01 2024-03-31 02865559 frs-core:LandBuildings 2023-03-31 02865559 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 02865559 frs-core:MotorVehicles 2023-04-01 2024-03-31 02865559 frs-core:PlantMachinery 2024-03-31 02865559 frs-core:PlantMachinery 2023-04-01 2024-03-31 02865559 frs-core:PlantMachinery 2023-03-31 02865559 frs-core:RevaluationReserve 2023-03-31 02865559 frs-core:RevaluationReserve 2024-03-31 02865559 frs-core:ShareCapital 2024-03-31 02865559 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 02865559 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 02865559 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 02865559 frs-bus:SmallEntities 2023-04-01 2024-03-31 02865559 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 02865559 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 02865559 frs-bus:OrdinaryShareClass1 2023-04-01 2024-03-31 02865559 frs-bus:OrdinaryShareClass1 2024-03-31 02865559 frs-bus:Director1 2023-04-01 2024-03-31 02865559 frs-bus:Director2 2023-04-01 2024-03-31 02865559 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 02865559 frs-countries:EnglandWales 2023-04-01 2024-03-31 02865559 2022-03-31 02865559 2023-03-31 02865559 2022-04-01 2023-03-31 02865559 frs-core:CurrentFinancialInstruments 2023-03-31 02865559 frs-core:RevaluationReserve 2023-03-31 02865559 frs-core:ShareCapital 2023-03-31 02865559 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 02865559 frs-bus:OrdinaryShareClass1 2022-04-01 2023-03-31
Registered number: 02865559
Custom Cable Company (Data & Voice) Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 02865559
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 429,270 430,887
429,270 430,887
CURRENT ASSETS
Debtors 5 49,462 46,953
Cash at bank and in hand 10,744 20,956
60,206 67,909
Creditors: Amounts Falling Due Within One Year 6 (54,243 ) (75,014 )
NET CURRENT ASSETS (LIABILITIES) 5,963 (7,105 )
TOTAL ASSETS LESS CURRENT LIABILITIES 435,233 423,782
PROVISIONS FOR LIABILITIES
Deferred Taxation (38,950 ) (38,950 )
NET ASSETS 396,283 384,832
CAPITAL AND RESERVES
Called up share capital 7 4 4
Revaluation reserve 8 315,789 315,789
Profit and Loss Account 80,490 69,039
SHAREHOLDERS' FUNDS 396,283 384,832
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.
The financial statements were approved by the board of directors on 7 August 2024 and were signed on its behalf by:
Mr Donald Hedington
Director
07/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Custom Cable Company (Data & Voice) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02865559 . The registered office is Unit A5 Station Approach, Broomsleigh Business Park, Worsley Bridge Road, London, SE26 5BN.
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.
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:
Freehold Nil
Motor Vehicles 15 % on reducing balance
Computer Equipment 25% on reducing balance
2.4. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
2.5. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 5)
5 5
4. Tangible Assets
Land & Buildings Plant & Machinery etc. Total
£ £ £
Cost or Valuation
As at 1 April 2023 420,000 118,781 538,781
Additions - 768 768
As at 31 March 2024 420,000 119,549 539,549
Depreciation
As at 1 April 2023 - 107,894 107,894
Provided during the period - 2,385 2,385
As at 31 March 2024 - 110,279 110,279
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 March 2024 420,000 9,270 429,270
As at 1 April 2023 420,000 10,887 430,887
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 49,462 46,527
Other debtors - 426
49,462 46,953
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 7,603 14,200
Other creditors 18,800 38,000
Taxation and social security 27,840 22,814
54,243 75,014
7. Share Capital
2024 2023
Allotted, called up and fully paid £ £
4 Ordinary Shares of £ 1.00 each 4 4
8. Reserves
Revaluation Reserve
£
As at 1 April 2023 315,789
As at 31 March 2024 315,789
Page 4