Acorah Software Products - Accounts Production 15.0.500 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 04125075 Mr Christopher Moss Mrs Bridget Moss Mrs Bridget Moss iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04125075 2022-12-31 04125075 2023-12-31 04125075 2023-01-01 2023-12-31 04125075 frs-core:CurrentFinancialInstruments 2023-12-31 04125075 frs-core:Non-currentFinancialInstruments 2023-12-31 04125075 frs-core:BetweenOneFiveYears 2023-12-31 04125075 frs-core:FurnitureFittings 2023-12-31 04125075 frs-core:FurnitureFittings 2023-01-01 2023-12-31 04125075 frs-core:FurnitureFittings 2022-12-31 04125075 frs-core:NetGoodwill 2023-12-31 04125075 frs-core:NetGoodwill 2023-01-01 2023-12-31 04125075 frs-core:NetGoodwill 2022-12-31 04125075 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 04125075 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04125075 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-31 04125075 frs-core:MotorVehicles 2023-12-31 04125075 frs-core:MotorVehicles 2023-01-01 2023-12-31 04125075 frs-core:MotorVehicles 2022-12-31 04125075 frs-core:PlantMachinery 2023-12-31 04125075 frs-core:PlantMachinery 2023-01-01 2023-12-31 04125075 frs-core:PlantMachinery 2022-12-31 04125075 frs-core:ShareCapital 2023-12-31 04125075 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 04125075 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04125075 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 04125075 frs-bus:SmallEntities 2023-01-01 2023-12-31 04125075 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 04125075 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 04125075 frs-bus:Director1 2023-01-01 2023-12-31 04125075 frs-bus:Director2 2023-01-01 2023-12-31 04125075 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 04125075 frs-countries:EnglandWales 2023-01-01 2023-12-31 04125075 2021-12-31 04125075 2022-12-31 04125075 2022-01-01 2022-12-31 04125075 frs-core:CurrentFinancialInstruments 2022-12-31 04125075 frs-core:Non-currentFinancialInstruments 2022-12-31 04125075 frs-core:BetweenOneFiveYears 2022-12-31 04125075 frs-core:ShareCapital 2022-12-31 04125075 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 04125075
York Warehousing & Distribution Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
TaxAssist Accountants
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04125075
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1,127 1,503
Tangible Assets 5 338,031 328,059
339,158 329,562
CURRENT ASSETS
Debtors 6 30,634 29,406
Cash at bank and in hand 202,829 136,968
233,463 166,374
Creditors: Amounts Falling Due Within One Year 7 (102,277 ) (62,121 )
NET CURRENT ASSETS (LIABILITIES) 131,186 104,253
TOTAL ASSETS LESS CURRENT LIABILITIES 470,344 433,815
Creditors: Amounts Falling Due After More Than One Year 8 (135,725 ) (167,623 )
NET ASSETS 334,619 266,192
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 334,519 266,092
SHAREHOLDERS' FUNDS 334,619 266,192
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Page 2
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 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 Bridget Moss
Director
20/08/2024
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
York Warehousing & Distribution Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04125075 . The registered office is Unit B5-B7 Elvington Industrial Estate, York Road Elvington, York, YO41 4AR.
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.
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.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. 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:
Freehold 10% Reducing Balance
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2022: 6)
6 6
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2023 19,000
As at 31 December 2023 19,000
Amortisation
As at 1 January 2023 17,497
Provided during the period 376
As at 31 December 2023 17,873
Net Book Value
As at 31 December 2023 1,127
As at 1 January 2023 1,503
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 January 2023 212,121 287,413 184,207 25,589 709,330
Additions - 33,890 25,750 9,000 68,640
As at 31 December 2023 212,121 321,303 209,957 34,589 777,970
...CONTINUED
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Depreciation
As at 1 January 2023 42,065 219,053 95,474 24,679 381,271
Provided during the period 2,006 25,563 28,621 2,478 58,668
As at 31 December 2023 44,071 244,616 124,095 27,157 439,939
Net Book Value
As at 31 December 2023 168,050 76,687 85,862 7,432 338,031
As at 1 January 2023 170,056 68,360 88,733 910 328,059
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 30,634 29,406
30,634 29,406
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 45,313 55,214
Corporation tax 39,309 3,226
VAT 17,655 3,681
102,277 62,121
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 24,032 31,191
Bank loans 111,693 136,432
135,725 167,623
9. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years 24,032 31,191
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
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