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 09919695 Mr Christopher Jones Mr William Macdonald Mr Michael Wynne iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09919695 2022-12-31 09919695 2023-12-31 09919695 2023-01-01 2023-12-31 09919695 frs-core:CurrentFinancialInstruments 2023-12-31 09919695 frs-core:Non-currentFinancialInstruments 2023-12-31 09919695 frs-core:BetweenOneFiveYears 2023-12-31 09919695 frs-core:ComputerEquipment 2023-12-31 09919695 frs-core:ComputerEquipment 2023-01-01 2023-12-31 09919695 frs-core:ComputerEquipment 2022-12-31 09919695 frs-core:FurnitureFittings 2023-12-31 09919695 frs-core:FurnitureFittings 2023-01-01 2023-12-31 09919695 frs-core:FurnitureFittings 2022-12-31 09919695 frs-core:MotorVehicles 2023-12-31 09919695 frs-core:MotorVehicles 2023-01-01 2023-12-31 09919695 frs-core:MotorVehicles 2022-12-31 09919695 frs-core:PlantMachinery 2023-12-31 09919695 frs-core:PlantMachinery 2023-01-01 2023-12-31 09919695 frs-core:PlantMachinery 2022-12-31 09919695 frs-core:WithinOneYear 2023-12-31 09919695 frs-core:ShareCapital 2023-12-31 09919695 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09919695 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09919695 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 09919695 frs-bus:SmallEntities 2023-01-01 2023-12-31 09919695 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09919695 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 09919695 frs-bus:Director1 2023-01-01 2023-12-31 09919695 frs-bus:Director2 2023-01-01 2023-12-31 09919695 frs-bus:Director3 2023-01-01 2023-12-31 09919695 frs-core:CurrentFinancialInstruments 1 2023-12-31 09919695 frs-countries:EnglandWales 2023-01-01 2023-12-31 09919695 2021-12-31 09919695 2022-12-31 09919695 2022-01-01 2022-12-31 09919695 frs-core:CurrentFinancialInstruments 2022-12-31 09919695 frs-core:Non-currentFinancialInstruments 2022-12-31 09919695 frs-core:BetweenOneFiveYears 2022-12-31 09919695 frs-core:WithinOneYear 2022-12-31 09919695 frs-core:ShareCapital 2022-12-31 09919695 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 09919695 frs-core:CurrentFinancialInstruments 1 2022-12-31
Registered number: 09919695
NORTH WEST FIRE DOORS LIMITED
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09919695
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 44,798 59,138
44,798 59,138
CURRENT ASSETS
Debtors 5 115,947 171,119
Cash at bank and in hand 61,071 56,957
177,018 228,076
Creditors: Amounts Falling Due Within One Year 6 (182,906 ) (202,803 )
NET CURRENT ASSETS (LIABILITIES) (5,888 ) 25,273
TOTAL ASSETS LESS CURRENT LIABILITIES 38,910 84,411
Creditors: Amounts Falling Due After More Than One Year 7 (38,908 ) (84,289 )
NET ASSETS 2 122
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account - 120
SHAREHOLDERS' FUNDS 2 122
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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 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 Michael Wynne
Director
3rd September 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
NORTH WEST FIRE DOORS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 09919695 . The registered office is 32 Craven Court, Winwick Quay, Warrington, WA2 8QU.
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.
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 15% Reducing Balance
Computer Equipment 33% Straight Line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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 year 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.
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: 5 (2022: 6)
5 6
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2023 8,305 106,659 4,938 1,205 121,107
As at 31 December 2023 8,305 106,659 4,938 1,205 121,107
Depreciation
As at 1 January 2023 5,468 52,170 3,326 1,005 61,969
Provided during the period 426 13,622 242 50 14,340
As at 31 December 2023 5,894 65,792 3,568 1,055 76,309
Net Book Value
As at 31 December 2023 2,411 40,867 1,370 150 44,798
As at 1 January 2023 2,837 54,489 1,612 200 59,138
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 31,200 67,278
Prepayments and accrued income 6,411 6,987
Other debtors 58,195 61,265
Directors' loan accounts 20,141 35,589
115,947 171,119
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 31,748 15,734
Trade creditors 50,982 86,649
Bank loans and overdrafts 6,028 11,013
Corporation tax 28,629 22,295
Other taxes and social security 9,889 10,512
VAT 24,248 7,019
Other creditors 7,952 7,952
Pension contol 708 436
Accruals and deferred income 22,722 41,193
182,906 202,803
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 9,495 54,798
Bank loans 29,413 29,491
38,908 84,289
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8. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 31,748 15,734
Later than one year and not later than five years 9,495 54,798
41,243 70,532
41,243 70,532
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
10. Related Party Transactions
Third Pary Creditors
Included with the creditors due is a £5,600 loan to North West Fire Doors Limited by Mr John Jones and Mrs Jacqueline Jones. The loan are interest free and there are no specified terms of repayment.
Included with other debtors is the amount £1,751 due from the company The Fire Door Academy Ltd, incorporated in England and Wales number 12871065 and £32,331 due from National Fire Doors Limited, incorporated in England and Wales number 12870394. The companies have common directors, Christopher Jones and William MacDonald.
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