Acorah Software Products - Accounts Production 14.6.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 09502172 Miss Lauren Newton Mr Robert Newton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09502172 2023-03-31 09502172 2024-03-31 09502172 2023-04-01 2024-03-31 09502172 frs-core:CurrentFinancialInstruments 2024-03-31 09502172 frs-core:Non-currentFinancialInstruments 2024-03-31 09502172 frs-core:ComputerEquipment 2024-03-31 09502172 frs-core:ComputerEquipment 2023-04-01 2024-03-31 09502172 frs-core:ComputerEquipment 2023-03-31 09502172 frs-core:FurnitureFittings 2024-03-31 09502172 frs-core:FurnitureFittings 2023-04-01 2024-03-31 09502172 frs-core:FurnitureFittings 2023-03-31 09502172 frs-core:ShareCapital 2024-03-31 09502172 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09502172 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09502172 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 09502172 frs-bus:SmallEntities 2023-04-01 2024-03-31 09502172 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09502172 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09502172 frs-bus:Director1 2023-04-01 2024-03-31 09502172 frs-bus:Director2 2023-04-01 2024-03-31 09502172 frs-core:CurrentFinancialInstruments 1 2024-03-31 09502172 frs-countries:EnglandWales 2023-04-01 2024-03-31 09502172 2022-03-31 09502172 2023-03-31 09502172 2022-04-01 2023-03-31 09502172 frs-core:CurrentFinancialInstruments 2023-03-31 09502172 frs-core:Non-currentFinancialInstruments 2023-03-31 09502172 frs-core:ShareCapital 2023-03-31 09502172 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 09502172 frs-core:CurrentFinancialInstruments 1 2023-03-31
Registered number: 09502172
Stonehenge Plumbing And Heating Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Artema Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09502172
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 7,351 8,859
7,351 8,859
CURRENT ASSETS
Stocks 4 131,036 134,202
Debtors 5 40,455 61,777
Cash at bank and in hand 114,078 88,020
285,569 283,999
Creditors: Amounts Falling Due Within One Year 6 (211,379 ) (178,861 )
NET CURRENT ASSETS (LIABILITIES) 74,190 105,138
TOTAL ASSETS LESS CURRENT LIABILITIES 81,541 113,997
Creditors: Amounts Falling Due After More Than One Year 7 (11,155 ) (21,670 )
PROVISIONS FOR LIABILITIES
Provisions For Charges 287 -
Deferred Taxation (1,683 ) (1,683 )
NET ASSETS 68,990 90,644
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 68,988 90,642
SHAREHOLDERS' FUNDS 68,990 90,644
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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 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 Robert Newton
Director
13/09/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.
1.3. 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:
Fixtures & Fittings 15% reducing balance
Computer Equipment 25% reducing balance
1.4. 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. 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.
1.5. 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. Average Number of Employees
Average number of employees, including directors, during the year was: 16 (2023: 13)
16 13
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3. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2023 3,389 19,747 23,136
Additions - 708 708
As at 31 March 2024 3,389 20,455 23,844
Depreciation
As at 1 April 2023 1,260 13,017 14,277
Provided during the period 319 1,897 2,216
As at 31 March 2024 1,579 14,914 16,493
Net Book Value
As at 31 March 2024 1,810 5,541 7,351
As at 1 April 2023 2,129 6,730 8,859
4. Stocks
2024 2023
£ £
Materials 131,036 134,202
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 36,169 50,831
Prepayments and accrued income 4,286 10,946
40,455 61,777
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 126,729 103,098
Bank loans and overdrafts 10,512 9,997
Corporation tax 17,594 12,093
Other taxes and social security 10,948 12,364
VAT 40,373 35,274
Pension creditor 2,728 4,257
Accruals and deferred income 1,848 1,755
Directors' loan accounts 647 23
211,379 178,861
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7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 11,155 21,670
11,155 21,670
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases was £9,648 (2023 - £32,674).
10. Related Party Transactions
Newton Wealth Management LtdMr Robert Newton is the sole shareholder and director of Newton Wealth Management Ltd.Stonehenge Plumbing and Heating Ltd paid dividends to Newton Wealth Management Ltd of £Nil (2023 - £118,911).

Newton Wealth Management Ltd

Mr Robert Newton is the sole shareholder and director of Newton Wealth Management Ltd.

Stonehenge Plumbing and Heating Ltd paid dividends to Newton Wealth Management Ltd of £Nil (2023 - £118,911).

11. General Information
Stonehenge Plumbing And Heating Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09502172 . The registered office is Unit 3 Stonehenge Depot, Stonehenge Road, Salisbury, Wiltshire, SP4 8BN.
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