Acorah Software Products - Accounts Production 15.0.600 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 08979592 Mrs Jennifer Exall Mr Keith Exall Mr Peter Exall iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08979592 2023-04-30 08979592 2024-04-30 08979592 2023-05-01 2024-04-30 08979592 frs-core:CurrentFinancialInstruments 2024-04-30 08979592 frs-core:Non-currentFinancialInstruments 2024-04-30 08979592 frs-core:ComputerEquipment 2024-04-30 08979592 frs-core:ComputerEquipment 2023-05-01 2024-04-30 08979592 frs-core:ComputerEquipment 2023-04-30 08979592 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-05-01 2024-04-30 08979592 frs-core:FurnitureFittings 2024-04-30 08979592 frs-core:FurnitureFittings 2023-05-01 2024-04-30 08979592 frs-core:FurnitureFittings 2023-04-30 08979592 frs-core:NetGoodwill 2024-04-30 08979592 frs-core:NetGoodwill 2023-05-01 2024-04-30 08979592 frs-core:NetGoodwill 2023-04-30 08979592 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 08979592 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 08979592 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 08979592 frs-core:MotorVehicles 2024-04-30 08979592 frs-core:MotorVehicles 2023-05-01 2024-04-30 08979592 frs-core:MotorVehicles 2023-04-30 08979592 frs-core:OtherResidualIntangibleAssets 2024-04-30 08979592 frs-core:OtherResidualIntangibleAssets 2023-05-01 2024-04-30 08979592 frs-core:OtherResidualIntangibleAssets 2023-04-30 08979592 frs-core:PlantMachinery 2024-04-30 08979592 frs-core:PlantMachinery 2023-05-01 2024-04-30 08979592 frs-core:PlantMachinery 2023-04-30 08979592 frs-core:ShareCapital 2024-04-30 08979592 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08979592 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08979592 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 08979592 frs-bus:SmallEntities 2023-05-01 2024-04-30 08979592 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08979592 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08979592 frs-bus:Director1 2023-05-01 2024-04-30 08979592 frs-bus:Director2 2023-05-01 2024-04-30 08979592 frs-bus:Director3 2023-05-01 2024-04-30 08979592 frs-countries:EnglandWales 2023-05-01 2024-04-30 08979592 2022-04-30 08979592 2023-04-30 08979592 2022-05-01 2023-04-30 08979592 frs-core:CurrentFinancialInstruments 2023-04-30 08979592 frs-core:Non-currentFinancialInstruments 2023-04-30 08979592 frs-core:ShareCapital 2023-04-30 08979592 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 08979592
R Exall & Sons Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 08979592
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 24,076
Tangible Assets 5 387,143 315,951
387,143 340,027
CURRENT ASSETS
Stocks 6 995 1,400
Debtors 7 142,865 179,217
Cash at bank and in hand 22,704 27,986
166,564 208,603
Creditors: Amounts Falling Due Within One Year 8 (249,210 ) (262,867 )
NET CURRENT ASSETS (LIABILITIES) (82,646 ) (54,264 )
TOTAL ASSETS LESS CURRENT LIABILITIES 304,497 285,763
Creditors: Amounts Falling Due After More Than One Year 9 (120,661 ) (107,710 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (72,200 ) (57,493 )
NET ASSETS 111,636 120,560
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 111,536 120,460
SHAREHOLDERS' FUNDS 111,636 120,560
Page 1
Page 2
For the year ending 30 April 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 Keith Exall
Director
28th August 2024
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
R Exall & Sons Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08979592 . The registered office is Willetts Cottage Croydon Barn Lane, South Godstone, Godstone, RH9 8JP.
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 10 years.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are amortised to profit and loss account over its estimated economic life of 10 years.
2.5. 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 none
Plant & Machinery 15% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance
Computer Equipment 33% reducing balance
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2.6. 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.
2.7. 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.8. 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 years 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 assets reflect 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 (2023: 5)
6 5
Page 4
Page 5
4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 1 May 2023 233,000 2,570 235,570
As at 30 April 2024 233,000 2,570 235,570
Amortisation
As at 1 May 2023 208,924 2,570 211,494
Provided during the period 24,076 - 24,076
As at 30 April 2024 233,000 2,570 235,570
Net Book Value
As at 30 April 2024 - - -
As at 1 May 2023 24,076 - 24,076
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 May 2023 13,355 341,810 221,667 15,283
Additions - 75,760 57,083 -
As at 30 April 2024 13,355 417,570 278,750 15,283
Depreciation
As at 1 May 2023 - 163,016 109,006 5,004
Provided during the period - 35,033 26,185 924
As at 30 April 2024 - 198,049 135,191 5,928
Net Book Value
As at 30 April 2024 13,355 219,521 143,559 9,355
As at 1 May 2023 13,355 178,794 112,661 10,279
Page 5
Page 6
Computer Equipment Total
£ £
Cost
As at 1 May 2023 3,084 595,199
Additions 1,166 134,009
As at 30 April 2024 4,250 729,208
Depreciation
As at 1 May 2023 2,222 279,248
Provided during the period 675 62,817
As at 30 April 2024 2,897 342,065
Net Book Value
As at 30 April 2024 1,353 387,143
As at 1 May 2023 862 315,951
6. Stocks
2024 2023
£ £
Materials 995 1,400
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 133,991 138,774
Prepayments and accrued income - 3,615
VAT 8,874 36,828
142,865 179,217
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 49,271 25,461
Trade creditors 41,797 71,002
Bank loans and overdrafts 17,662 23,155
Corporation tax 10,871 1,124
...CONTINUED
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Other taxes and social security 3,085 3,870
Accruals and deferred income 24,807 3,600
Directors' loan accounts 101,717 134,655
249,210 262,867
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 105,661 82,020
Bank loans 15,000 25,690
120,661 107,710
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
250 Ordinary A shares of £0.10 each
750 Ordinary B shares of £0.10 each
Page 7