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 10543430 Mr Michael Herbert iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10543430 2022-12-31 10543430 2023-12-31 10543430 2023-01-01 2023-12-31 10543430 frs-core:CurrentFinancialInstruments 2023-12-31 10543430 frs-core:ComputerEquipment 2023-12-31 10543430 frs-core:ComputerEquipment 2023-01-01 2023-12-31 10543430 frs-core:ComputerEquipment 2022-12-31 10543430 frs-core:PlantMachinery 2023-12-31 10543430 frs-core:PlantMachinery 2023-01-01 2023-12-31 10543430 frs-core:PlantMachinery 2022-12-31 10543430 frs-core:ShareCapital 2023-12-31 10543430 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10543430 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10543430 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 10543430 frs-bus:SmallEntities 2023-01-01 2023-12-31 10543430 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 10543430 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 10543430 frs-bus:Director1 2023-01-01 2023-12-31 10543430 frs-countries:EnglandWales 2023-01-01 2023-12-31 10543430 2021-12-31 10543430 2022-12-31 10543430 2022-01-01 2022-12-31 10543430 frs-core:CurrentFinancialInstruments 2022-12-31 10543430 frs-core:ShareCapital 2022-12-31 10543430 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 10543430
Herbert's Manufacturing and Fabrication Services Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10543430
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 136 170
136 170
CURRENT ASSETS
Debtors 5 2,433 2,060
Cash at bank and in hand 8,562 9,227
10,995 11,287
Creditors: Amounts Falling Due Within One Year 6 (11,443 ) (11,344 )
NET CURRENT ASSETS (LIABILITIES) (448 ) (57 )
TOTAL ASSETS LESS CURRENT LIABILITIES (312 ) 113
NET (LIABILITIES)/ASSETS (312 ) 113
CAPITAL AND RESERVES
Called up share capital 7 4 4
Profit and Loss Account (316 ) 109
SHAREHOLDERS' FUNDS (312) 113
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 Michael Herbert
Director
19/09/2024
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
Herbert's Manufacturing and Fabrication Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10543430 . The registered office is 7 Midfield Mews, Appleby-In-Westmoreland, Cumbria, CA16 6SE.
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.
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 20%
Computer Equipment 33%
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 January 2023 650 1,416 2,066
As at 31 December 2023 650 1,416 2,066
Depreciation
As at 1 January 2023 480 1,416 1,896
Provided during the period 34 - 34
As at 31 December 2023 514 1,416 1,930
...CONTINUED
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Page 4
Net Book Value
As at 31 December 2023 136 - 136
As at 1 January 2023 170 - 170
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 2,433 2,060
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 20 -
Corporation tax 847 564
Other taxes and social security 383 384
Net wages - 1,559
Accruals and deferred income 792 756
Director's loan account 9,401 8,081
11,443 11,344
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 4 4
Page 4