Acorah Software Products - Accounts Production 15.0.500 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 12373484 Mr Alistair Bowman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12373484 2022-12-31 12373484 2023-12-31 12373484 2023-01-01 2023-12-31 12373484 frs-core:CurrentFinancialInstruments 2023-12-31 12373484 frs-core:Non-currentFinancialInstruments 2023-12-31 12373484 frs-core:BetweenOneFiveYears 2023-12-31 12373484 frs-core:FurnitureFittings 2023-12-31 12373484 frs-core:FurnitureFittings 2023-01-01 2023-12-31 12373484 frs-core:FurnitureFittings 2022-12-31 12373484 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 12373484 frs-core:MotorVehicles 2023-12-31 12373484 frs-core:MotorVehicles 2023-01-01 2023-12-31 12373484 frs-core:MotorVehicles 2022-12-31 12373484 frs-core:PlantMachinery 2023-12-31 12373484 frs-core:PlantMachinery 2023-01-01 2023-12-31 12373484 frs-core:PlantMachinery 2022-12-31 12373484 frs-core:ShareCapital 2023-12-31 12373484 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12373484 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12373484 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 12373484 frs-bus:SmallEntities 2023-01-01 2023-12-31 12373484 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12373484 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12373484 frs-bus:Director1 2023-01-01 2023-12-31 12373484 frs-countries:EnglandWales 2023-01-01 2023-12-31 12373484 2021-12-31 12373484 2022-12-31 12373484 2022-01-01 2022-12-31 12373484 frs-core:CurrentFinancialInstruments 2022-12-31 12373484 frs-core:Non-currentFinancialInstruments 2022-12-31 12373484 frs-core:BetweenOneFiveYears 2022-12-31 12373484 frs-core:ShareCapital 2022-12-31 12373484 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 12373484
AAT Bowman Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
TaxAssist Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12373484
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 203,907 164,326
203,907 164,326
CURRENT ASSETS
Debtors 5 - 4,742
Cash at bank and in hand 169,178 176,758
169,178 181,500
Creditors: Amounts Falling Due Within One Year 6 (156,705 ) (177,300 )
NET CURRENT ASSETS (LIABILITIES) 12,473 4,200
TOTAL ASSETS LESS CURRENT LIABILITIES 216,380 168,526
Creditors: Amounts Falling Due After More Than One Year 7 (130,844 ) (128,268 )
NET ASSETS 85,536 40,258
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 85,436 40,158
SHAREHOLDERS' FUNDS 85,536 40,258
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Page 2
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Alistair Bowman
Director
19/08/2024
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
AAT Bowman Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12373484 . The registered office is 63-65 Heworth Road, York, North Yorkshire, YO31 0AA.
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:
Freehold 0%
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
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 years 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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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 assets reflect 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: 2 (2022: 3)
2 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 January 2023 280,104 18,850 22,006 320,960
Additions 107,551 - - 107,551
As at 31 December 2023 387,655 18,850 22,006 428,511
Depreciation
As at 1 January 2023 142,400 8,733 5,501 156,634
Provided during the period 61,314 2,529 4,127 67,970
As at 31 December 2023 203,714 11,262 9,628 224,604
Net Book Value
As at 31 December 2023 183,941 7,588 12,378 203,907
As at 1 January 2023 137,704 10,117 16,505 164,326
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors - 4,742
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 33,980 46,801
Corporation tax 4,517 4,517
Other taxes and social security 465 591
VAT 20,555 23,753
Other creditors 1,167 3,835
Director's loan account 96,021 97,803
156,705 177,300
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7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 102,412 89,182
Bank loans 28,432 39,086
130,844 128,268
8. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years 102,412 89,182
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
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