Acorah Software Products - Accounts Production 14.5.601 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 00557325 Mrs Sophie Coombes-Winyard Mrs Jennifer Coombes Mr Stephen Coombes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00557325 2022-10-31 00557325 2023-10-31 00557325 2022-11-01 2023-10-31 00557325 frs-core:CurrentFinancialInstruments 2023-10-31 00557325 frs-core:Non-currentFinancialInstruments 2023-10-31 00557325 frs-core:FurnitureFittings 2023-10-31 00557325 frs-core:FurnitureFittings 2022-11-01 2023-10-31 00557325 frs-core:FurnitureFittings 2022-10-31 00557325 frs-core:MotorVehicles 2023-10-31 00557325 frs-core:MotorVehicles 2022-11-01 2023-10-31 00557325 frs-core:MotorVehicles 2022-10-31 00557325 frs-core:PlantMachinery 2023-10-31 00557325 frs-core:PlantMachinery 2022-11-01 2023-10-31 00557325 frs-core:PlantMachinery 2022-10-31 00557325 frs-core:ShareCapital 2023-10-31 00557325 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 00557325 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 00557325 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 00557325 frs-bus:SmallEntities 2022-11-01 2023-10-31 00557325 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 00557325 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 00557325 frs-bus:Director1 2022-11-01 2023-10-31 00557325 frs-bus:Director2 2022-11-01 2023-10-31 00557325 frs-bus:Director3 2022-11-01 2023-10-31 00557325 frs-countries:EnglandWales 2022-11-01 2023-10-31 00557325 2021-10-31 00557325 2022-10-31 00557325 2021-11-01 2022-10-31 00557325 frs-core:CurrentFinancialInstruments 2022-10-31 00557325 frs-core:Non-currentFinancialInstruments 2022-10-31 00557325 frs-core:ShareCapital 2022-10-31 00557325 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 00557325
Gillett & Johnston(Croydon)Limited
Unaudited Financial Statements
For The Year Ended 31 October 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 00557325
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,984 1,292
1,984 1,292
CURRENT ASSETS
Stocks 5 71,082 84,954
Debtors 6 88,547 55,582
Cash at bank and in hand - 6,902
159,629 147,438
Creditors: Amounts Falling Due Within One Year 7 (146,633 ) (132,973 )
NET CURRENT ASSETS (LIABILITIES) 12,996 14,465
TOTAL ASSETS LESS CURRENT LIABILITIES 14,980 15,757
Creditors: Amounts Falling Due After More Than One Year 8 (157,395 ) (168,253 )
NET LIABILITIES (142,415 ) (152,496 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (142,515 ) (152,596 )
SHAREHOLDERS' FUNDS (142,415) (152,496)
Page 1
Page 2
For the year ending 31 October 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 Sophie Coombes-Winyard
Director
12th September 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Gillett & Johnston(Croydon)Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00557325 . The registered office is Unit 3 Omicron Estate, Fircroft Way, Edenbridge, Kent, TN8 6EL.
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 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 33% straight line
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2022: 6)
6 6
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 November 2022 30,763 32,648 962 64,373
Additions 994 - 359 1,353
As at 31 October 2023 31,757 32,648 1,321 65,726
Depreciation
As at 1 November 2022 29,576 32,648 857 63,081
Provided during the period 545 - 116 661
As at 31 October 2023 30,121 32,648 973 63,742
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 October 2023 1,636 - 348 1,984
As at 1 November 2022 1,187 - 105 1,292
5. Stocks
2023 2022
£ £
Finished goods 71,082 84,954
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 84,023 52,625
Other debtors 4,524 2,957
88,547 55,582
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 34,067 21,663
Bank loans and overdrafts 16,047 11,038
Other creditors 69,652 72,466
Taxation and social security 26,867 27,806
146,633 132,973
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 17,957 28,815
Other creditors 139,438 139,438
157,395 168,253
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4