Acorah Software Products - Accounts Production 15.0.400 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 04457152 Mr Neil Bowen Mrs Diane Bowen Mr N Bowen and Mrs D Bowen true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04457152 2023-01-31 04457152 2024-01-31 04457152 2023-02-01 2024-01-31 04457152 frs-core:CurrentFinancialInstruments 2024-01-31 04457152 frs-core:Non-currentFinancialInstruments 2024-01-31 04457152 frs-core:ComputerEquipment 2024-01-31 04457152 frs-core:ComputerEquipment 2023-02-01 2024-01-31 04457152 frs-core:ComputerEquipment 2023-01-31 04457152 frs-core:FurnitureFittings 2024-01-31 04457152 frs-core:FurnitureFittings 2023-02-01 2024-01-31 04457152 frs-core:FurnitureFittings 2023-01-31 04457152 frs-core:WithinOneYear 2024-01-31 04457152 frs-core:ShareCapital 2024-01-31 04457152 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 04457152 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 04457152 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 04457152 frs-bus:SmallEntities 2023-02-01 2024-01-31 04457152 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 04457152 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 04457152 1 2023-02-01 2024-01-31 04457152 frs-bus:Director1 2023-02-01 2024-01-31 04457152 frs-bus:Director1 2023-01-31 04457152 frs-bus:Director1 2024-01-31 04457152 frs-bus:Director2 2023-02-01 2024-01-31 04457152 frs-core:CurrentFinancialInstruments 1 2024-01-31 04457152 frs-core:CurrentFinancialInstruments 2 2024-01-31 04457152 frs-countries:EnglandWales 2023-02-01 2024-01-31 04457152 2022-01-31 04457152 2023-01-31 04457152 2022-02-01 2023-01-31 04457152 frs-core:CurrentFinancialInstruments 2023-01-31 04457152 frs-core:Non-currentFinancialInstruments 2023-01-31 04457152 frs-core:WithinOneYear 2023-01-31 04457152 frs-core:ShareCapital 2023-01-31 04457152 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 04457152 frs-core:CurrentFinancialInstruments 1 2023-01-31 04457152 frs-core:CurrentFinancialInstruments 2 2023-01-31
Registered number: 04457152
Neil Bowen Architects Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
DEB Chartered Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04457152
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,398 7,198
5,398 7,198
CURRENT ASSETS
Debtors 5 61,469 79,665
Cash at bank and in hand 50 26
61,519 79,691
Creditors: Amounts Falling Due Within One Year 6 (45,176 ) (46,974 )
NET CURRENT ASSETS (LIABILITIES) 16,343 32,717
TOTAL ASSETS LESS CURRENT LIABILITIES 21,741 39,915
Creditors: Amounts Falling Due After More Than One Year 7 (14,552 ) (12,097 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,026 ) (1,368 )
NET ASSETS 6,163 26,450
CAPITAL AND RESERVES
Called up share capital 8 8 8
Profit and Loss Account 6,155 26,442
SHAREHOLDERS' FUNDS 6,163 26,450
Page 1
Page 2
For the year ending 31 January 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 Neil Bowen
Director
13/09/2024
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
Neil Bowen Architects Limited Registered number 04457152 is a limited by shares company incorporated in England & Wales. The Registered Office is 19 Middlewoods Way, Carlton, Barnsley, South Yorkshire, S71 3HR.
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:
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 3 3
3 3
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 February 2023 10,012 46,620 56,632
As at 31 January 2024 10,012 46,620 56,632
Depreciation
As at 1 February 2023 5,433 44,001 49,434
Provided during the period 1,145 655 1,800
As at 31 January 2024 6,578 44,656 51,234
Net Book Value
As at 31 January 2024 3,434 1,964 5,398
As at 1 February 2023 4,579 2,619 7,198
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 5,600 -
Prepayments and accrued income 405 655
S455 Tax Debtors 11,556 11,556
Other Debtors - Rent Bond 1,395 1,395
Directors' loan accounts 42,513 66,059
61,469 79,665
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 21,072 27,294
Corporation tax - 7,143
PAYE control 15,116 7,228
VAT 6,966 1,786
Avocet Trust 1,175 1,175
Credit card - HSBC 293 -
Accruals and deferred income 554 2,348
45,176 46,974
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 14,552 12,097
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 8 8
9. Other Commitments
At the end of the period the company had annual commitments under non-cancellable leases as follows:
2024 2023
£ £
Not later than one year 7,693 4,349
7,693 4,349
Page 4
Page 5
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2023 Amounts advanced Amounts repaid Amounts written off As at 31 January 2024
£ £ £ £ £
Mr Neil Bowen 66,059 12,586 36,133 - 42,513
The above loan is unsecured, interest free and repayable on demand.
11. Dividends
2024 2023
£ £
On equity shares:
Interim dividend paid 24,000 15,000
During the year the director unknowingly paid a dividend out of capital. He undertakes to pay no further dividends
until there is sufficient profit in the company for him to do so.
12. Post Balance Sheet Events
13. Related Party Transactions
The company is controlled by Mr N & Mrs D Bowen, directors and shareholders of the company. 
The balance on the directors' loan account of Mr N & Mrs D Bowen at 31st January 2024 was £42,513 (2023 - £66,059) due to the company.
14. Ultimate Controlling Party
The company's ultimate controlling party is Mr N Bowen and Mrs D Bowen by virtue of their ownership of 100% of the issued share capital in the company.
Page 5