Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 11895278 Mr Jason Pritchard iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11895278 2022-12-31 11895278 2023-12-31 11895278 2023-01-01 2023-12-31 11895278 frs-core:CurrentFinancialInstruments 2023-12-31 11895278 frs-core:Non-currentFinancialInstruments 2023-12-31 11895278 frs-core:ShareCapital 2023-12-31 11895278 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 11895278 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11895278 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 11895278 frs-bus:SmallEntities 2023-01-01 2023-12-31 11895278 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11895278 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 11895278 frs-bus:Director1 2023-01-01 2023-12-31 11895278 frs-countries:EnglandWales 2023-01-01 2023-12-31 11895278 2021-12-31 11895278 2022-12-31 11895278 2022-01-01 2022-12-31 11895278 frs-core:CurrentFinancialInstruments 2022-12-31 11895278 frs-core:Non-currentFinancialInstruments 2022-12-31 11895278 frs-core:ShareCapital 2022-12-31 11895278 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 11895278
Excel Facades Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 11895278
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 66,255 71,726
Cash at bank and in hand 71,588 30,823
137,843 102,549
Creditors: Amounts Falling Due Within One Year 5 (86,881 ) (139,625 )
NET CURRENT ASSETS (LIABILITIES) 50,962 (37,076 )
TOTAL ASSETS LESS CURRENT LIABILITIES 50,962 (37,076 )
Creditors: Amounts Falling Due After More Than One Year 6 (85,776 ) -
NET LIABILITIES (34,814 ) (37,076 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (34,815 ) (37,077 )
SHAREHOLDERS' FUNDS (34,814) (37,076)
For the year ending 31 December 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 Jason Pritchard
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
Excel Facades Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11895278 . The registered office is Ground Floor, 9 Abbey Court, Fraser Road, Priory Business Park, Bedford, MK44 3WH.
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.
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. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 3)
2 3
4. Debtors
2023 2022
£ £
Due within one year
Trade debtors 37,980 49,029
Prepayments and accrued income 8,021 -
Other debtors 5,779 1,500
VAT 9,375 16,197
61,155 66,726
Due after more than one year
Amounts owed by associates 5,100 5,000
5,100 5,000
66,255 71,726
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 59,153 78,772
Other taxes and social security 6,802 1,117
Net wages - 168
Other creditors 397 988
Accruals and deferred income 20,529 58,580
86,881 139,625
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Page 3
6. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Amounts owed to associates 85,776 -
85,776 -
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
8. Post Balance Sheet Events
Excel Facades owed it's associated company, Excel Structures £85,775.82 as at the balance sheet date. Excel Structures went into liquidation on 4th March 2024 and on 14th May 2024 the appointed insolvency practitioners stated that they did not intend to pursue the outstanding debt.
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