Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 04950016 Mr H Andrews Miss T Radcliffe iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04950016 2022-12-31 04950016 2023-12-31 04950016 2023-01-01 2023-12-31 04950016 frs-core:CurrentFinancialInstruments 2023-12-31 04950016 frs-core:FurnitureFittings 2023-12-31 04950016 frs-core:FurnitureFittings 2023-01-01 2023-12-31 04950016 frs-core:FurnitureFittings 2022-12-31 04950016 frs-core:MotorVehicles 2023-12-31 04950016 frs-core:MotorVehicles 2023-01-01 2023-12-31 04950016 frs-core:MotorVehicles 2022-12-31 04950016 frs-core:ShareCapital 2023-12-31 04950016 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 04950016 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04950016 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 04950016 frs-bus:SmallEntities 2023-01-01 2023-12-31 04950016 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 04950016 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 04950016 frs-bus:Director1 2023-01-01 2023-12-31 04950016 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 04950016 frs-core:CurrentFinancialInstruments 2 2023-12-31 04950016 frs-countries:EnglandWales 2023-01-01 2023-12-31 04950016 2021-12-31 04950016 2022-12-31 04950016 2022-01-01 2022-12-31 04950016 frs-core:CurrentFinancialInstruments 2022-12-31 04950016 frs-core:ShareCapital 2022-12-31 04950016 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 04950016 frs-core:CurrentFinancialInstruments 2 2022-12-31
Registered number: 04950016
Andrews Ecology Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Cooper Associates Accountants Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04950016
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 24,613 24,236
24,613 24,236
CURRENT ASSETS
Debtors 5 74,181 72,892
Cash at bank and in hand 13,541 28,228
87,722 101,120
Creditors: Amounts Falling Due Within One Year 6 (27,984 ) (26,592 )
NET CURRENT ASSETS (LIABILITIES) 59,738 74,528
TOTAL ASSETS LESS CURRENT LIABILITIES 84,351 98,764
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,606 ) (2,546 )
NET ASSETS 80,745 96,218
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 80,645 96,118
SHAREHOLDERS' FUNDS 80,745 96,218
Page 1
Page 2
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 H Andrews
Director
5th September 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
Andrews Ecology Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04950016 . The registered office is 40 St James Buildings, St. James Street, Taunton, TA1 1JR.
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:
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 15% Reducing balance
2.4. Financial Instruments
The company holds the following financial instruments:
  • Short term trade and other debtors and creditors;
  • Cash and bank balances.
All financial instruments are classified as basic.
Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecgonised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company's obligations are discharged, expire or are cancelled.
...CONTINUED
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2.4. Financial Instruments - continued
Except for bank loans, such instruments are initially measured at transaction price, including transaction costs and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.
Bank loans are initially measured at transaction price, including transaction costs and are subsequently carried at amortised cost using the effective interest method.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 5)
3 5
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2023 21,296 70,943 92,239
Additions 6,246 - 6,246
As at 31 December 2023 27,542 70,943 98,485
...CONTINUED
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Page 5
Depreciation
As at 1 January 2023 14,629 53,374 68,003
Provided during the period 3,227 2,642 5,869
As at 31 December 2023 17,856 56,016 73,872
Net Book Value
As at 31 December 2023 9,686 14,927 24,613
As at 1 January 2023 6,667 17,569 24,236
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 67,457 66,138
Prepayments and accrued income 6,296 6,754
Other taxes and social security 428 -
74,181 72,892
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Corporation tax 8,840 5,962
VAT 14,843 17,167
Other creditors 2,415 1,156
Pensions payable 37 17
Accruals and deferred income 1,845 2,209
Director's loan account 4 81
27,984 26,592
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
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