Acorah Software Products - Accounts Production 14.5.501 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 03995675 Mr John Dentith Mr Michael Dentith Mrs Shirley Dentith Mr Michael Hollingshead iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03995675 2022-11-30 03995675 2023-11-30 03995675 2022-12-01 2023-11-30 03995675 frs-core:CurrentFinancialInstruments 2023-11-30 03995675 frs-core:Non-currentFinancialInstruments 2023-11-30 03995675 frs-core:BetweenOneFiveYears 2023-11-30 03995675 frs-core:ComputerEquipment 2023-11-30 03995675 frs-core:ComputerEquipment 2022-12-01 2023-11-30 03995675 frs-core:ComputerEquipment 2022-11-30 03995675 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-12-01 2023-11-30 03995675 frs-core:FurnitureFittings 2023-11-30 03995675 frs-core:FurnitureFittings 2022-12-01 2023-11-30 03995675 frs-core:FurnitureFittings 2022-11-30 03995675 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-12-01 2023-11-30 03995675 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 03995675 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 03995675 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-30 03995675 frs-core:MotorVehicles 2023-11-30 03995675 frs-core:MotorVehicles 2022-12-01 2023-11-30 03995675 frs-core:MotorVehicles 2022-11-30 03995675 frs-core:OtherResidualIntangibleAssets 2023-11-30 03995675 frs-core:OtherResidualIntangibleAssets 2022-12-01 2023-11-30 03995675 frs-core:OtherResidualIntangibleAssets 2022-11-30 03995675 frs-core:PlantMachinery 2023-11-30 03995675 frs-core:PlantMachinery 2022-12-01 2023-11-30 03995675 frs-core:PlantMachinery 2022-11-30 03995675 frs-core:WithinOneYear 2023-11-30 03995675 frs-core:ShareCapital 2023-11-30 03995675 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 03995675 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 03995675 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 03995675 frs-bus:SmallEntities 2022-12-01 2023-11-30 03995675 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 03995675 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 03995675 frs-bus:Director1 2022-12-01 2023-11-30 03995675 frs-bus:Director2 2022-12-01 2023-11-30 03995675 frs-bus:Director3 2022-12-01 2023-11-30 03995675 frs-bus:Director4 2022-12-01 2023-11-30 03995675 frs-countries:EnglandWales 2022-12-01 2023-11-30 03995675 2021-11-30 03995675 2022-11-30 03995675 2021-12-01 2022-11-30 03995675 frs-core:CurrentFinancialInstruments 2022-11-30 03995675 frs-core:Non-currentFinancialInstruments 2022-11-30 03995675 frs-core:BetweenOneFiveYears 2022-11-30 03995675 frs-core:WithinOneYear 2022-11-30 03995675 frs-core:ShareCapital 2022-11-30 03995675 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 03995675
Eastfield Joinery Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
TaxAssist Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 03995675
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 15,000 16,000
Tangible Assets 5 27,879 35,195
42,879 51,195
CURRENT ASSETS
Stocks 6 91,166 79,730
Debtors 7 30,861 49,909
Cash at bank and in hand 1,027 21,076
123,054 150,715
Creditors: Amounts Falling Due Within One Year 8 (245,200 ) (257,451 )
NET CURRENT ASSETS (LIABILITIES) (122,146 ) (106,736 )
TOTAL ASSETS LESS CURRENT LIABILITIES (79,267 ) (55,541 )
Creditors: Amounts Falling Due After More Than One Year 9 (45,170 ) (58,846 )
NET LIABILITIES (124,437 ) (114,387 )
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account (124,537 ) (114,487 )
SHAREHOLDERS' FUNDS (124,437) (114,387)
Page 1
Page 2
For the year ending 30 November 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 John Dentith
Director
11/07/2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Eastfield Joinery Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03995675 . The registered office is Shavington House Farm, Crewe Road, Shavington, Cheshire, CW2 5AH.
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 - Other Intangible
Other intangible assets are .... It is amortised to profit and loss account over its estimated economic life of .... 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:
Freehold Reducing balance 10%
Leasehold Reducing balance 10%
Plant & Machinery Reducing balance 15%
Motor Vehicles Reducing balance 25%
Fixtures & Fittings Reducing balance 15%
Computer Equipment Straight line method over 3 years
2.5. 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.
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2022: 17)
13 17
Page 3
Page 4
4. Intangible Assets
Other
£
Cost
As at 1 December 2022 30,000
As at 30 November 2023 30,000
Amortisation
As at 1 December 2022 14,000
Provided during the period 1,000
As at 30 November 2023 15,000
Net Book Value
As at 30 November 2023 15,000
As at 1 December 2022 16,000
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 December 2022 12,992 2,198 43,934 437
Additions - - - -
As at 30 November 2023 12,992 2,198 43,934 437
Depreciation
As at 1 December 2022 4,940 1,431 17,693 302
Provided during the period 805 115 6,560 21
As at 30 November 2023 5,745 1,546 24,253 323
Net Book Value
As at 30 November 2023 7,247 652 19,681 114
As at 1 December 2022 8,052 767 26,241 135
Computer Equipment Total
£ £
Cost
As at 1 December 2022 1,756 61,317
Additions 277 277
As at 30 November 2023 2,033 61,594
Depreciation
As at 1 December 2022 1,756 26,122
Provided during the period 92 7,593
As at 30 November 2023 1,848 33,715
...CONTINUED
Page 4
Page 5
Net Book Value
As at 30 November 2023 185 27,879
As at 1 December 2022 - 35,195
6. Stocks
2023 2022
£ £
Finished goods 41,308 34,580
Work in progress 49,858 45,150
91,166 79,730
7. Debtors
2023 2022
£ £
Due within one year
Trade debtors 30,527 49,637
Prepayments and accrued income 334 272
30,861 49,909
8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 3,919 3,919
Trade creditors 115,296 124,038
Bank loans and overdrafts 7,226 13,724
Other taxes and social security 5,550 6,744
VAT 21,166 31,950
Accruals and deferred income 1,650 4,963
Directors' loan accounts 90,393 72,113
245,200 257,451
9. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 14,644 16,253
Bank loans 30,526 42,593
45,170 58,846
10. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 3,919 3,919
Later than one year and not later than five years 14,644 16,253
18,563 20,172
18,563 20,172
Page 5
Page 6
11. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 6