Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 02884695 Colin Willis Susan Willis Susan Willis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02884695 2023-01-31 02884695 2024-01-31 02884695 2023-02-01 2024-01-31 02884695 frs-core:CurrentFinancialInstruments 2024-01-31 02884695 frs-core:ComputerEquipment 2024-01-31 02884695 frs-core:ComputerEquipment 2023-02-01 2024-01-31 02884695 frs-core:ComputerEquipment 2023-01-31 02884695 frs-core:FurnitureFittings 2024-01-31 02884695 frs-core:FurnitureFittings 2023-02-01 2024-01-31 02884695 frs-core:FurnitureFittings 2023-01-31 02884695 frs-core:MotorVehicles 2024-01-31 02884695 frs-core:MotorVehicles 2023-02-01 2024-01-31 02884695 frs-core:MotorVehicles 2023-01-31 02884695 frs-core:PlantMachinery 2024-01-31 02884695 frs-core:PlantMachinery 2023-02-01 2024-01-31 02884695 frs-core:PlantMachinery 2023-01-31 02884695 frs-core:ShareCapital 2024-01-31 02884695 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 02884695 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 02884695 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 02884695 frs-bus:SmallEntities 2023-02-01 2024-01-31 02884695 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 02884695 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 02884695 frs-bus:Director1 2023-02-01 2024-01-31 02884695 frs-bus:Director2 2023-02-01 2024-01-31 02884695 frs-bus:CompanySecretary1 2023-02-01 2024-01-31 02884695 frs-countries:EnglandWales 2023-02-01 2024-01-31 02884695 2022-01-31 02884695 2023-01-31 02884695 2022-02-01 2023-01-31 02884695 frs-core:CurrentFinancialInstruments 2023-01-31 02884695 frs-core:ShareCapital 2023-01-31 02884695 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 02884695
Behind Closed Doors Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Trenans Accountancy Ltd.
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 02884695
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 22,528 56,617
22,528 56,617
CURRENT ASSETS
Stocks 5 83,126 56,019
Debtors 6 85,866 181,876
Cash at bank and in hand 180,368 157,442
349,360 395,337
Creditors: Amounts Falling Due Within One Year 7 (151,962 ) (217,747 )
NET CURRENT ASSETS (LIABILITIES) 197,398 177,590
TOTAL ASSETS LESS CURRENT LIABILITIES 219,926 234,207
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,281 ) (10,757 )
NET ASSETS 215,645 223,450
CAPITAL AND RESERVES
Called up share capital 8 200 200
Profit and Loss Account 215,445 223,250
SHAREHOLDERS' FUNDS 215,645 223,450
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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
Colin Willis
Director
23rd April 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Behind Closed Doors Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02884695 . The registered office is Unit 15 Lester Way, Wallingford, OX10 9DD.
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. 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:
Plant & Machinery 4 years
Motor Vehicles 4 years
Fixtures & Fittings 4 years
Computer Equipment 4 years
2.4. 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.
2.5. 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 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2023: 12)
13 12
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 February 2023 14,435 87,270 11,279 1,833 114,817
Additions 425 - 5,114 2,871 8,410
Disposals - (40,995 ) - - (40,995 )
As at 31 January 2024 14,860 46,275 16,393 4,704 82,232
Depreciation
As at 1 February 2023 10,525 38,636 8,122 917 58,200
Provided during the period 1,927 11,569 2,331 1,176 17,003
Disposals - (15,499 ) - - (15,499 )
As at 31 January 2024 12,452 34,706 10,453 2,093 59,704
Net Book Value
As at 31 January 2024 2,408 11,569 5,940 2,611 22,528
As at 1 February 2023 3,910 48,634 3,157 916 56,617
5. Stocks
2024 2023
£ £
Stock 83,126 56,019
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 81,732 175,099
Prepayments and accrued income 3,410 6,402
Other debtors 724 375
85,866 181,876
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 48,461 63,156
Corporation tax 43,619 24,158
Other taxes and social security 7,114 6,529
VAT 30,608 35,111
Net wages 1,505 1,493
Other creditors 617 947
Accruals and deferred income 18,326 85,700
Directors' loan accounts 1,712 653
151,962 217,747
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8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
9. Related Party Transactions
The directors made an interest free loan to the company which stood at £1,712 at 31st January 2024 (£653 31st January 2023). The loan is repayable on demand and shown in Creditors: Amounts due within one year.
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