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 12314408 Mr Wayne Marland iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12314408 2022-11-30 12314408 2023-11-30 12314408 2022-12-01 2023-11-30 12314408 frs-core:CurrentFinancialInstruments 2023-11-30 12314408 frs-core:Non-currentFinancialInstruments 2023-11-30 12314408 frs-core:ComputerEquipment 2023-11-30 12314408 frs-core:ComputerEquipment 2022-12-01 2023-11-30 12314408 frs-core:ComputerEquipment 2022-11-30 12314408 frs-core:FurnitureFittings 2023-11-30 12314408 frs-core:FurnitureFittings 2022-12-01 2023-11-30 12314408 frs-core:FurnitureFittings 2022-11-30 12314408 frs-core:PlantMachinery 2023-11-30 12314408 frs-core:PlantMachinery 2022-12-01 2023-11-30 12314408 frs-core:PlantMachinery 2022-11-30 12314408 frs-core:ShareCapital 2023-11-30 12314408 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 12314408 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 12314408 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 12314408 frs-bus:SmallEntities 2022-12-01 2023-11-30 12314408 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 12314408 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 12314408 frs-bus:Director1 2022-12-01 2023-11-30 12314408 frs-countries:EnglandWales 2022-12-01 2023-11-30 12314408 2021-11-30 12314408 2022-11-30 12314408 2021-12-01 2022-11-30 12314408 frs-core:CurrentFinancialInstruments 2022-11-30 12314408 frs-core:Non-currentFinancialInstruments 2022-11-30 12314408 frs-core:ShareCapital 2022-11-30 12314408 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 12314408
Steway Services Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12314408
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 22,598 26,138
22,598 26,138
CURRENT ASSETS
Stocks 5 20,000 20,000
Debtors 6 10,080 2,373
Cash at bank and in hand 16,985 2,732
47,065 25,105
Creditors: Amounts Falling Due Within One Year 7 (44,273 ) (42,851 )
NET CURRENT ASSETS (LIABILITIES) 2,792 (17,746 )
TOTAL ASSETS LESS CURRENT LIABILITIES 25,390 8,392
Creditors: Amounts Falling Due After More Than One Year 8 (14,316 ) -
NET ASSETS 11,074 8,392
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 11,073 8,391
SHAREHOLDERS' FUNDS 11,074 8,392
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 Wayne Marland
Director
28/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Steway Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12314408 . The registered office is 693 Windmill Lane , Denton, Manchester, M34 2ET.
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:
Plant & Machinery 15%
Fixtures & Fittings 15%
Computer Equipment 33%
2.4. 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: 4 (2022: 3)
4 3
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 December 2022 27,495 1,590 399 29,484
Additions - - 712 712
As at 30 November 2023 27,495 1,590 1,111 30,196
Depreciation
As at 1 December 2022 2,568 527 251 3,346
Provided during the period 3,806 159 287 4,252
As at 30 November 2023 6,374 686 538 7,598
...CONTINUED
Page 3
Page 4
Net Book Value
As at 30 November 2023 21,121 904 573 22,598
As at 1 December 2022 24,927 1,063 148 26,138
5. Stocks
2023 2022
£ £
Stock 20,000 20,000
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 10,080 2,373
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors (1 ) 907
Bank loans and overdrafts 22,419 25,001
Other creditors 10,878 5,334
Taxation and social security 10,977 11,609
44,273 42,851
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other creditors 14,316 -
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
Page 4