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 10190539 Mr David Appleyard Mrs Joanne Appleyard iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10190539 2023-03-31 10190539 2024-03-31 10190539 2023-04-01 2024-03-31 10190539 frs-core:CurrentFinancialInstruments 2024-03-31 10190539 frs-core:Non-currentFinancialInstruments 2024-03-31 10190539 frs-core:BetweenOneFiveYears 2024-03-31 10190539 frs-core:ComputerEquipment 2024-03-31 10190539 frs-core:ComputerEquipment 2023-04-01 2024-03-31 10190539 frs-core:ComputerEquipment 2023-03-31 10190539 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 10190539 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 10190539 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-31 10190539 frs-core:MotorVehicles 2024-03-31 10190539 frs-core:MotorVehicles 2023-04-01 2024-03-31 10190539 frs-core:MotorVehicles 2023-03-31 10190539 frs-core:PlantMachinery 2024-03-31 10190539 frs-core:PlantMachinery 2023-04-01 2024-03-31 10190539 frs-core:PlantMachinery 2023-03-31 10190539 frs-core:WithinOneYear 2024-03-31 10190539 frs-core:ShareCapital 2024-03-31 10190539 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10190539 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10190539 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 10190539 frs-bus:SmallEntities 2023-04-01 2024-03-31 10190539 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10190539 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10190539 frs-bus:Director1 2023-04-01 2024-03-31 10190539 frs-bus:Director2 2023-04-01 2024-03-31 10190539 frs-countries:EnglandWales 2023-04-01 2024-03-31 10190539 2022-03-31 10190539 2023-03-31 10190539 2022-04-01 2023-03-31 10190539 frs-core:CurrentFinancialInstruments 2023-03-31 10190539 frs-core:Non-currentFinancialInstruments 2023-03-31 10190539 frs-core:BetweenOneFiveYears 2023-03-31 10190539 frs-core:WithinOneYear 2023-03-31 10190539 frs-core:ShareCapital 2023-03-31 10190539 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 10190539
David Appleyard Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 10190539
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 179,866 216,459
179,866 216,459
CURRENT ASSETS
Debtors 5 40,797 8,372
Cash at bank and in hand 67,014 23,457
107,811 31,829
Creditors: Amounts Falling Due Within One Year 6 (95,743 ) (89,268 )
NET CURRENT ASSETS (LIABILITIES) 12,068 (57,439 )
TOTAL ASSETS LESS CURRENT LIABILITIES 191,934 159,020
Creditors: Amounts Falling Due After More Than One Year 7 (19,952 ) (35,334 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (22,718 ) (28,940 )
NET ASSETS 149,264 94,746
CAPITAL AND RESERVES
Called up share capital 9 2 2
Income Statement 149,262 94,744
SHAREHOLDERS' FUNDS 149,264 94,746
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 Income Statement.
On behalf of the board
Mrs Joanne Appleyard
Director
23/08/2024
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
David Appleyard Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10190539 . The registered office is Middle House Farm Park Lane, Cowling, Near Keighley, West Yorkshire, BD22 0NH.
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:
Leasehold 5% Straight line
Plant & Machinery 15% Reducing balance
Motor Vehicles 25% Reducing balance
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 income statement 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 income statement 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
Page 3
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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: 5 (2023: 4)
5 4
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2023 15,723 169,675 118,303 586 304,287
Additions - - 7,000 224 7,224
Disposals - (6,250 ) - - (6,250 )
As at 31 March 2024 15,723 163,425 125,303 810 305,261
Depreciation
As at 1 April 2023 4,718 40,591 42,413 106 87,828
Provided during the period 786 18,833 20,682 205 40,506
Disposals - (2,939 ) - - (2,939 )
As at 31 March 2024 5,504 56,485 63,095 311 125,395
Net Book Value
As at 31 March 2024 10,219 106,940 62,208 499 179,866
As at 1 April 2023 11,005 129,084 75,890 480 216,459
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 25,360 1,059
Other debtors 4,000 4,000
VAT 11,437 3,313
40,797 8,372
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Page 5
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 9,560 9,560
Trade creditors 13,860 12,337
Bank loans and overdrafts 5,972 5,972
Corporation tax 32,049 767
Other taxes and social security 3,357 4,455
Accruals and deferred income 750 750
Directors' loan accounts 30,195 55,427
95,743 89,268
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 12,746 22,306
Bank loans 7,206 13,028
19,952 35,334
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 9,560 9,560
Later than one year and not later than five years 12,746 22,306
22,306 31,866
22,306 31,866
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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