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 04879589 Ms Louise Disney Mr Christopher Taylor iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04879589 2023-03-31 04879589 2024-03-31 04879589 2023-04-01 2024-03-31 04879589 frs-core:CurrentFinancialInstruments 2024-03-31 04879589 frs-core:Non-currentFinancialInstruments 2024-03-31 04879589 frs-core:ComputerEquipment 2024-03-31 04879589 frs-core:ComputerEquipment 2023-04-01 2024-03-31 04879589 frs-core:ComputerEquipment 2023-03-31 04879589 frs-core:MotorVehicles 2024-03-31 04879589 frs-core:MotorVehicles 2023-04-01 2024-03-31 04879589 frs-core:MotorVehicles 2023-03-31 04879589 frs-core:PlantMachinery 2024-03-31 04879589 frs-core:PlantMachinery 2023-04-01 2024-03-31 04879589 frs-core:PlantMachinery 2023-03-31 04879589 frs-core:ShareCapital 2024-03-31 04879589 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 04879589 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04879589 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 04879589 frs-bus:SmallEntities 2023-04-01 2024-03-31 04879589 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 04879589 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 04879589 frs-bus:Director1 2023-04-01 2024-03-31 04879589 frs-bus:Director2 2023-04-01 2024-03-31 04879589 frs-countries:EnglandWales 2023-04-01 2024-03-31 04879589 2022-03-31 04879589 2023-03-31 04879589 2022-04-01 2023-03-31 04879589 frs-core:CurrentFinancialInstruments 2023-03-31 04879589 frs-core:Non-currentFinancialInstruments 2023-03-31 04879589 frs-core:ShareCapital 2023-03-31 04879589 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 04879589
CMT Carpentry Services (Bristol) Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04879589
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 13,094 2,819
13,094 2,819
CURRENT ASSETS
Debtors 4 460 6,000
Cash at bank and in hand 1,162 248
1,622 6,248
Creditors: Amounts Falling Due Within One Year 5 (3,427 ) (1,650 )
NET CURRENT ASSETS (LIABILITIES) (1,805 ) 4,598
TOTAL ASSETS LESS CURRENT LIABILITIES 11,289 7,417
Creditors: Amounts Falling Due After More Than One Year 6 (14,696 ) (6,136 )
NET (LIABILITIES)/ASSETS (3,407 ) 1,281
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (3,507 ) 1,181
SHAREHOLDERS' FUNDS (3,407) 1,281
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 Profit and Loss Account.
On behalf of the board
Mr Christopher Taylor
Director
12/07/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 25% on reduced balance
Motor Vehicles 25% on reduced balance
Computer Equipment 25% on reduced balance
1.4. 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 year 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.
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 asset reflects 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.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
3. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 9,964 - 3,095 13,059
Additions - 14,640 - 14,640
As at 31 March 2024 9,964 14,640 3,095 27,699
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 April 2023 8,141 - 2,099 10,240
Provided during the period 456 3,660 249 4,365
As at 31 March 2024 8,597 3,660 2,348 14,605
Net Book Value
As at 31 March 2024 1,367 10,980 747 13,094
As at 1 April 2023 1,823 - 996 2,819
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 460 6,000
460 6,000
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 843 981
Other taxes and social security 99 38
Other creditors 1,870 -
Accruals and deferred income 615 631
3,427 1,650
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 3,996 6,136
Directors loan account 10,700 -
14,696 6,136
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 18,557 2,468
18,557 2,468
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