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 09346557 Mr Stuart Aylott iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09346557 2022-12-31 09346557 2023-12-31 09346557 2023-01-01 2023-12-31 09346557 frs-core:CurrentFinancialInstruments 2023-12-31 09346557 frs-core:Non-currentFinancialInstruments 2023-12-31 09346557 frs-core:ComputerEquipment 2023-12-31 09346557 frs-core:ComputerEquipment 2023-01-01 2023-12-31 09346557 frs-core:ComputerEquipment 2022-12-31 09346557 frs-core:MotorVehicles 2023-12-31 09346557 frs-core:MotorVehicles 2023-01-01 2023-12-31 09346557 frs-core:MotorVehicles 2022-12-31 09346557 frs-core:ShareCapital 2023-12-31 09346557 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09346557 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09346557 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 09346557 frs-bus:SmallEntities 2023-01-01 2023-12-31 09346557 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09346557 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 09346557 frs-bus:Director1 2023-01-01 2023-12-31 09346557 frs-bus:Director1 2022-12-31 09346557 frs-bus:Director1 2023-12-31 09346557 frs-countries:EnglandWales 2023-01-01 2023-12-31 09346557 2021-12-31 09346557 2022-12-31 09346557 2022-01-01 2022-12-31 09346557 frs-core:CurrentFinancialInstruments 2022-12-31 09346557 frs-core:Non-currentFinancialInstruments 2022-12-31 09346557 frs-core:ShareCapital 2022-12-31 09346557 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Stuart Floors Limited
Financial Statements
For The Year Ended 31 December 2023
TaxAssist Accountants
133 Station Road
Sidcup
DA15 7AA
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09346557
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,084 4,725
3,084 4,725
CURRENT ASSETS
Debtors 5 16,158 26,858
Cash at bank and in hand 14,820 7,264
30,978 34,122
Creditors: Amounts Falling Due Within One Year 6 (21,810 ) (21,952 )
NET CURRENT ASSETS (LIABILITIES) 9,168 12,170
TOTAL ASSETS LESS CURRENT LIABILITIES 12,252 16,895
Creditors: Amounts Falling Due After More Than One Year 7 (10,414 ) (14,907 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (586 ) (898 )
NET ASSETS 1,252 1,090
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 1,152 990
SHAREHOLDERS' FUNDS 1,252 1,090
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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 Stuart Aylott
Director
24 September 2024
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Stuart Floors Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09346557 . The registered office is 14 Buckingham Avenue, Welling, Kent, DA16 2LX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
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:
Motor Vehicles 20% straight line
Computer Equipment 25% straight line
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 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.
...CONTINUED
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2.4. Taxation - continued
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 asset reflects 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: 2 (2022: 2)
2 2
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 January 2023 7,710 757 8,467
As at 31 December 2023 7,710 757 8,467
Depreciation
As at 1 January 2023 3,084 658 3,742
Provided during the period 1,542 99 1,641
As at 31 December 2023 4,626 757 5,383
Net Book Value
As at 31 December 2023 3,084 - 3,084
As at 1 January 2023 4,626 99 4,725
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 300 -
Other debtors 15,858 26,858
16,158 26,858
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6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 2,512 9,104
Bank loans and overdrafts 5,000 5,513
Other creditors 1,495 1,095
Taxation and social security 12,803 6,240
21,810 21,952
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 10,414 14,907
10,414 14,907
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2023 Amounts advanced Amounts repaid Amounts written off As at 31 December 2023
£ £ £ £ £
Mr Stuart Aylott 26,858 15,858 26,858 - 15,858
The above loan is unsecured, repayable on demand and has interest charged at the HMRC official rate of 2.25%.
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