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 04932247 Mr Angus Greenall Mrs Joanne Greenall iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04932247 2023-03-31 04932247 2024-03-31 04932247 2023-04-01 2024-03-31 04932247 frs-core:CurrentFinancialInstruments 2024-03-31 04932247 frs-core:ComputerEquipment 2024-03-31 04932247 frs-core:ComputerEquipment 2023-04-01 2024-03-31 04932247 frs-core:ComputerEquipment 2023-03-31 04932247 frs-core:MotorVehicles 2024-03-31 04932247 frs-core:MotorVehicles 2023-04-01 2024-03-31 04932247 frs-core:MotorVehicles 2023-03-31 04932247 frs-core:PlantMachinery 2024-03-31 04932247 frs-core:PlantMachinery 2023-04-01 2024-03-31 04932247 frs-core:PlantMachinery 2023-03-31 04932247 frs-core:ShareCapital 2024-03-31 04932247 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 04932247 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04932247 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 04932247 frs-bus:SmallEntities 2023-04-01 2024-03-31 04932247 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 04932247 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 04932247 frs-bus:Director1 2023-04-01 2024-03-31 04932247 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 04932247 1 2023-04-01 2024-03-31 04932247 frs-countries:EnglandWales 2023-04-01 2024-03-31 04932247 2022-03-31 04932247 2023-03-31 04932247 2022-04-01 2023-03-31 04932247 frs-core:CurrentFinancialInstruments 2023-03-31 04932247 frs-core:ShareCapital 2023-03-31 04932247 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 04932247 1 2022-04-01 2023-03-31
Registered number: 04932247
T.A.G. Joinery Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04932247
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 22,575 29,121
22,575 29,121
CURRENT ASSETS
Stocks 5 2,500 2,950
Debtors 6 8,013 13,445
Cash at bank and in hand 61,665 62,347
72,178 78,742
Creditors: Amounts Falling Due Within One Year 7 (22,887 ) (18,089 )
NET CURRENT ASSETS (LIABILITIES) 49,291 60,653
TOTAL ASSETS LESS CURRENT LIABILITIES 71,866 89,774
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,289 ) (5,533 )
NET ASSETS 67,577 84,241
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 67,576 84,240
SHAREHOLDERS' FUNDS 67,577 84,241
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 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 Angus Greenall
Director
20/08/2024
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
T.A.G. Joinery Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04932247 . The registered office is Dowley Barn, Ashley Lane, Goosnargh, Preston, PR3 2EE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historic cost convention and in accordance with the FRS 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax.
2.3. 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 15% Reducing Balance
Motor Vehicles 25% Reducing Balance
Computer Equipment 25% Reducing Balance
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.
2.5. Taxation
Taxation represents the sum of the tax currently payable and deferred tax.

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 all 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. 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.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
Page 3
Page 4
3. Average Number of Employees
Average number of employees during the year was as follows:
2024 2023
Director 1 1
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 29,352 28,599 1,407 59,358
Disposals - - (966 ) (966 )
As at 31 March 2024 29,352 28,599 441 58,392
Depreciation
As at 1 April 2023 21,265 8,044 928 30,237
Provided during the period 1,217 5,140 120 6,477
Disposals - - (897 ) (897 )
As at 31 March 2024 22,482 13,184 151 35,817
Net Book Value
As at 31 March 2024 6,870 15,415 290 22,575
As at 1 April 2023 8,087 20,555 479 29,121
5. Stocks
2024 2023
£ £
Materials 2,500 2,950
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 7,200 13,445
Prepayments and accrued income 813 -
8,013 13,445
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 6,565 2,115
Corporation tax 6,624 8,792
VAT 3,082 1,929
Net wages 760 -
Accruals and deferred income 849 870
Director's loan account 5,007 4,383
22,887 18,089
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 5