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 07810605 Mrs Elizabeth Nelson Mrs Ruth Priest iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07810605 2023-03-31 07810605 2024-03-31 07810605 2023-04-01 2024-03-31 07810605 frs-core:CurrentFinancialInstruments 2024-03-31 07810605 frs-core:ComputerEquipment 2024-03-31 07810605 frs-core:ComputerEquipment 2023-04-01 2024-03-31 07810605 frs-core:ComputerEquipment 2023-03-31 07810605 frs-core:FurnitureFittings 2024-03-31 07810605 frs-core:FurnitureFittings 2023-04-01 2024-03-31 07810605 frs-core:FurnitureFittings 2023-03-31 07810605 frs-core:MotorVehicles 2024-03-31 07810605 frs-core:MotorVehicles 2023-04-01 2024-03-31 07810605 frs-core:MotorVehicles 2023-03-31 07810605 frs-core:PlantMachinery 2024-03-31 07810605 frs-core:PlantMachinery 2023-04-01 2024-03-31 07810605 frs-core:PlantMachinery 2023-03-31 07810605 frs-core:ShareCapital 2024-03-31 07810605 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07810605 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07810605 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07810605 frs-bus:SmallEntities 2023-04-01 2024-03-31 07810605 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07810605 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07810605 frs-core:UnlistedNon-exchangeTraded 2024-03-31 07810605 frs-core:UnlistedNon-exchangeTraded 2023-03-31 07810605 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-03-31 07810605 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 07810605 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-31 07810605 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 07810605 frs-bus:Director1 2023-04-01 2024-03-31 07810605 frs-bus:Director2 2023-04-01 2024-03-31 07810605 frs-countries:EnglandWales 2023-04-01 2024-03-31 07810605 2022-03-31 07810605 2023-03-31 07810605 2022-04-01 2023-03-31 07810605 frs-core:CurrentFinancialInstruments 2023-03-31 07810605 frs-core:ShareCapital 2023-03-31 07810605 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 07810605
Nelson & Priest Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Haines and Company
Chartered Certified Accountants
Rear Of 81 High Street
Wallingford
OX10 0BX
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07810605
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 26,919 30,343
Investments 5 2 2
26,921 30,345
CURRENT ASSETS
Stocks 6 40,435 47,709
Debtors 7 (34,084 ) 19,249
Cash at bank and in hand 25,273 19,225
31,624 86,183
Creditors: Amounts Falling Due Within One Year 8 (58,536 ) (73,503 )
NET CURRENT ASSETS (LIABILITIES) (26,912 ) 12,680
TOTAL ASSETS LESS CURRENT LIABILITIES 9 43,025
NET ASSETS 9 43,025
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (91 ) 42,925
SHAREHOLDERS' FUNDS 9 43,025
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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 Profit and Loss Account.
On behalf of the board
Mrs Elizabeth Nelson
Director
26th August 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
Nelson & Priest Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07810605 . The registered office is Planks Farm Shop, The Old Potato Yard, Lydeway, Devizes, SN10 3PU.
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. 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.

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% and 20% Straight Line
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 20% Straight line
Computer Equipment 20% Straight line
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: 15 (2023: 15)
15 15
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2023 121,352 15,983 36,059 24,728 198,122
Additions 2,740 - - - 2,740
As at 31 March 2024 124,092 15,983 36,059 24,728 200,862
Depreciation
As at 1 April 2023 99,311 7,681 36,059 24,728 167,779
Provided during the period 2,861 3,303 - - 6,164
As at 31 March 2024 102,172 10,984 36,059 24,728 173,943
Net Book Value
As at 31 March 2024 21,920 4,999 - - 26,919
As at 1 April 2023 22,041 8,302 - - 30,343
5. Investments
Unlisted
£
Cost
As at 1 April 2023 2
As at 31 March 2024 2
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 2
As at 1 April 2023 2
6. Stocks
2024 2023
£ £
Finished goods 40,435 47,709
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7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 5,420 8,695
Amounts owed by group undertakings (39,723) 5,792
Other debtors 219 4,762
(34,084 ) 19,249
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 49,410 62,168
Other creditors 4,081 6,946
Taxation and social security 5,045 4,389
58,536 73,503
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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