Acorah Software Products - Accounts Production 15.0.600 false true 30 April 2022 1 May 2021 false 1 May 2022 30 April 2023 30 April 2023 11966957 Mr Michael Powell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11966957 2022-04-30 11966957 2023-04-30 11966957 2022-05-01 2023-04-30 11966957 frs-core:CurrentFinancialInstruments 2023-04-30 11966957 frs-core:ShareCapital 2023-04-30 11966957 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 11966957 frs-bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 11966957 frs-bus:FilletedAccounts 2022-05-01 2023-04-30 11966957 frs-bus:SmallEntities 2022-05-01 2023-04-30 11966957 frs-bus:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 11966957 frs-bus:SmallCompaniesRegimeForAccounts 2022-05-01 2023-04-30 11966957 frs-bus:Director1 2022-05-01 2023-04-30 11966957 frs-bus:Director1 2022-04-30 11966957 frs-bus:Director1 2023-04-30 11966957 frs-countries:EnglandWales 2022-05-01 2023-04-30 11966957 2021-04-30 11966957 2022-04-30 11966957 2021-05-01 2022-04-30 11966957 frs-core:CurrentFinancialInstruments 2022-04-30 11966957 frs-core:ShareCapital 2022-04-30 11966957 frs-core:RetainedEarningsAccumulatedLosses 2022-04-30
Registered number: 11966957
Powell Access And Coatings Ltd
Financial Statements
For The Year Ended 30 April 2023
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 11966957
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 2,388 -
Cash at bank and in hand 106 6,876
2,494 6,876
Creditors: Amounts Falling Due Within One Year 5 (1,041 ) (1,868 )
NET CURRENT ASSETS (LIABILITIES) 1,453 5,008
TOTAL ASSETS LESS CURRENT LIABILITIES 1,453 5,008
NET ASSETS 1,453 5,008
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account 1,452 5,007
SHAREHOLDERS' FUNDS 1,453 5,008
For the year ending 30 April 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 Michael Powell
Director
23/08/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Powell Access And Coatings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11966957 . The registered office is 3 Farbridge Crescent, Consett, DH8 0QA.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Debtors
2023 2022
£ £
Due within one year
Director's loan account 2,388 -
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1 1
Corporation tax 620 1,367
Accruals and deferred income 420 500
1,041 1,868
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
Page 2
Page 3
7. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 May 2022 Amounts advanced Amounts repaid Amounts written off As at 30 April 2023
£ £ £ £ £
Mr Michael Powell - 2,388 - - 2,388
The above loan is unsecured, interest free and repayable on demand.
Page 3