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 07404149 Mr Stephen Keeble Ms Karen Elvin Mr S Keeble true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07404149 2023-03-31 07404149 2024-03-31 07404149 2023-04-01 2024-03-31 07404149 frs-core:CurrentFinancialInstruments 2024-03-31 07404149 frs-core:PlantMachinery 2024-03-31 07404149 frs-core:PlantMachinery 2023-04-01 2024-03-31 07404149 frs-core:PlantMachinery 2023-03-31 07404149 frs-core:ShareCapital 2024-03-31 07404149 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07404149 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07404149 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07404149 frs-bus:SmallEntities 2023-04-01 2024-03-31 07404149 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07404149 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07404149 1 2023-04-01 2024-03-31 07404149 frs-bus:Director1 2023-04-01 2024-03-31 07404149 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 07404149 frs-countries:EnglandWales 2023-04-01 2024-03-31 07404149 2022-03-31 07404149 2023-03-31 07404149 2022-04-01 2023-03-31 07404149 frs-core:CurrentFinancialInstruments 2023-03-31 07404149 frs-core:ShareCapital 2023-03-31 07404149 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 07404149
Broadland Glass Services Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Carter & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07404149
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,959 5,278
3,959 5,278
CURRENT ASSETS
Debtors 5 31 -
Cash at bank and in hand 100,572 90,207
100,603 90,207
Creditors: Amounts Falling Due Within One Year 6 (18,332 ) (20,558 )
NET CURRENT ASSETS (LIABILITIES) 82,271 69,649
TOTAL ASSETS LESS CURRENT LIABILITIES 86,230 74,927
NET ASSETS 86,230 74,927
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 86,229 74,926
SHAREHOLDERS' FUNDS 86,230 74,927
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 Stephen Keeble
Director
05/09/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Broadland Glass Services Ltd Registered number 07404149 is a limited by shares company incorporated in England & Wales. The Registered Office is Unit 32 Stalham Road Industrial Estate, Hoveton, Norfolk, NR12 8DZ.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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 25 % reducing balance
2.4. 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.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
Manufacturing 1 1
2 2
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Page 4
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2023 48,854
As at 31 March 2024 48,854
Depreciation
As at 1 April 2023 43,576
Provided during the period 1,319
As at 31 March 2024 44,895
Net Book Value
As at 31 March 2024 3,959
As at 1 April 2023 5,278
5. Debtors
2024 2023
£ £
Due within one year
Other taxes and social security 31 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - (1 )
Bank loans and overdrafts 13,031 16,815
Corporation tax 4,452 1,358
Other taxes and social security - 30
VAT 175 1,605
Net wages 174 60
Accruals and deferred income 480 480
Director's loan account 20 211
18,332 20,558
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
8. Ultimate Controlling Party
The company's ultimate controlling party is Mr S Keeble by virtue of his ownership of 100% of the issued share capital in the company.
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