Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 06759017 Mr David Page Mrs Lisa Page iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06759017 2022-11-30 06759017 2023-11-30 06759017 2022-12-01 2023-11-30 06759017 frs-core:CurrentFinancialInstruments 2023-11-30 06759017 frs-core:Non-currentFinancialInstruments 2023-11-30 06759017 frs-core:BetweenOneFiveYears 2023-11-30 06759017 frs-core:FurnitureFittings 2023-11-30 06759017 frs-core:FurnitureFittings 2022-12-01 2023-11-30 06759017 frs-core:FurnitureFittings 2022-11-30 06759017 frs-core:NetGoodwill 2023-11-30 06759017 frs-core:NetGoodwill 2022-12-01 2023-11-30 06759017 frs-core:NetGoodwill 2022-11-30 06759017 frs-core:MotorVehicles 2023-11-30 06759017 frs-core:MotorVehicles 2022-12-01 2023-11-30 06759017 frs-core:MotorVehicles 2022-11-30 06759017 frs-core:PlantMachinery 2023-11-30 06759017 frs-core:PlantMachinery 2022-12-01 2023-11-30 06759017 frs-core:PlantMachinery 2022-11-30 06759017 frs-core:ShareCapital 2023-11-30 06759017 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 06759017 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 06759017 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 06759017 frs-bus:SmallEntities 2022-12-01 2023-11-30 06759017 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 06759017 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 06759017 frs-bus:Director1 2022-12-01 2023-11-30 06759017 frs-bus:CompanySecretary1 2022-12-01 2023-11-30 06759017 frs-countries:EnglandWales 2022-12-01 2023-11-30 06759017 2021-11-30 06759017 2022-11-30 06759017 2021-12-01 2022-11-30 06759017 frs-core:CurrentFinancialInstruments 2022-11-30 06759017 frs-core:Non-currentFinancialInstruments 2022-11-30 06759017 frs-core:BetweenOneFiveYears 2022-11-30 06759017 frs-core:ShareCapital 2022-11-30 06759017 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 06759017
d m Page Plumbing & Heating Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Freya Accounts Ltd
Holbrook House, 32 Oakley Lane
Oakley
Basingstoke
Hampshire
RG23 7JY
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06759017
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 38,349 44,360
38,349 44,360
CURRENT ASSETS
Debtors 6 16,378 17,028
Cash at bank and in hand 3,758 3
20,136 17,031
Creditors: Amounts Falling Due Within One Year 7 (29,743 ) (32,931 )
NET CURRENT ASSETS (LIABILITIES) (9,607 ) (15,900 )
TOTAL ASSETS LESS CURRENT LIABILITIES 28,742 28,460
Creditors: Amounts Falling Due After More Than One Year 8 (68,542 ) (81,232 )
NET LIABILITIES (39,800 ) (52,772 )
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account (39,900 ) (52,872 )
SHAREHOLDERS' FUNDS (39,800) (52,772)
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 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 David Page
Director
28th August 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
d m Page Plumbing & Heating Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06759017 . The registered office is Devonshire House Aviary Court, Wade Road, Basingstoke, Hampshire, RG24 8PE.
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 - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. 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:
Motor Vehicles Straight Line 10%
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. 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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2.6. 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: 1 (2022: )
1 -
4. Intangible Assets
Goodwill
£
Cost
As at 1 December 2022 56,250
As at 30 November 2023 56,250
Amortisation
As at 1 December 2022 56,250
As at 30 November 2023 56,250
Net Book Value
As at 30 November 2023 -
As at 1 December 2022 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 December 2022 4,192 54,785 1,274 60,251
Disposals (4,192 ) - (1,274 ) (5,466 )
As at 30 November 2023 - 54,785 - 54,785
Depreciation
As at 1 December 2022 3,998 10,957 936 15,891
Provided during the period - 5,479 - 5,479
Disposals (3,998 ) - (936 ) (4,934 )
As at 30 November 2023 - 16,436 - 16,436
Net Book Value
As at 30 November 2023 - 38,349 - 38,349
As at 1 December 2022 194 43,828 338 44,360
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6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 14,498 13,352
Other debtors 1,880 3,676
16,378 17,028
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1,247 2
Bank loans and overdrafts 5,142 5,496
Other creditors 4,033 2,888
Taxation and social security 19,321 24,545
29,743 32,931
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 33,721 40,446
Bank loans 34,821 40,786
68,542 81,232
9. 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 33,721 40,446
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
The above loan is unsecured, interest free and repayable on demand.
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