Acorah Software Products - Accounts Production 15.0.600 false true 31 August 2022 1 September 2021 false 1 September 2022 31 August 2023 31 August 2023 09194581 Mr DARREN AHERNE Mrs CONNIE AHERNE iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09194581 2022-08-31 09194581 2023-08-31 09194581 2022-09-01 2023-08-31 09194581 frs-core:CurrentFinancialInstruments 2023-08-31 09194581 frs-core:PlantMachinery 2023-08-31 09194581 frs-core:PlantMachinery 2022-09-01 2023-08-31 09194581 frs-core:PlantMachinery 2022-08-31 09194581 frs-core:ShareCapital 2023-08-31 09194581 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 09194581 frs-bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 09194581 frs-bus:FilletedAccounts 2022-09-01 2023-08-31 09194581 frs-bus:SmallEntities 2022-09-01 2023-08-31 09194581 frs-bus:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 09194581 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 09194581 frs-bus:Director1 2022-09-01 2023-08-31 09194581 frs-bus:Director1 2022-08-31 09194581 frs-bus:Director1 2023-08-31 09194581 frs-bus:Director2 2022-09-01 2023-08-31 09194581 frs-countries:EnglandWales 2022-09-01 2023-08-31 09194581 2021-08-31 09194581 2022-08-31 09194581 2021-09-01 2022-08-31 09194581 frs-core:CurrentFinancialInstruments 2022-08-31 09194581 frs-core:ShareCapital 2022-08-31 09194581 frs-core:RetainedEarningsAccumulatedLosses 2022-08-31
Registered number: 09194581
ABS BUILDING AND SHOPFITTING CONTRACTORS LIMITED
Unaudited Financial Statements
For The Year Ended 31 August 2023
Proaccounts UK
Unit M228, 89 Bickersteth Road
Tooting
LONDON
SW17 9SH
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 09194581
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 437 546
437 546
CURRENT ASSETS
Debtors 5 4,074 4,224
Cash at bank and in hand 1,346 1,351
5,420 5,575
Creditors: Amounts Falling Due Within One Year 6 (5,927 ) (5,927 )
NET CURRENT ASSETS (LIABILITIES) (507 ) (352 )
TOTAL ASSETS LESS CURRENT LIABILITIES (70 ) 194
NET (LIABILITIES)/ASSETS (70 ) 194
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account (72 ) 192
SHAREHOLDERS' FUNDS (70) 194
For the year ending 31 August 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 DARREN AHERNE
Director
30/08/2024
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
ABS BUILDING AND SHOPFITTING CONTRACTORS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 09194581 . The registered office is UNIT M228, TRIDENT BUSINESS CENTRE, 89 BICKERSTETH ROAD, LONDON, SW17 9SH.
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 20% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 1 1
Sales, marketing and distribution 1 1
2 2
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 September 2022 2,600
As at 31 August 2023 2,600
Depreciation
As at 1 September 2022 2,054
Provided during the period 109
As at 31 August 2023 2,163
Net Book Value
As at 31 August 2023 437
As at 1 September 2022 546
Page 2
Page 3
5. Debtors
2023 2022
£ £
Due within one year
Directors' loan accounts 4,074 4,224
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Corporation tax 5,255 5,255
Accruals and deferred income 672 672
5,927 5,927
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 September 2022 Amounts advanced Amounts repaid Amounts written off As at 31 August 2023
£ £ £ £ £
Mr DARREN AHERNE 4,224 - 150 - 4,074
The above loan is unsecured, interest free and repayable on demand.
9. Dividends
Page 3