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 04990470 Mr Ian Girling Mrs Nicola Girling Mr Daniel Girling Mr Ian Girling iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04990470 2022-12-31 04990470 2023-12-31 04990470 2023-01-01 2023-12-31 04990470 frs-core:CurrentFinancialInstruments 2023-12-31 04990470 frs-core:Non-currentFinancialInstruments 2023-12-31 04990470 frs-core:BetweenOneFiveYears 2023-12-31 04990470 frs-core:ComputerEquipment 2023-12-31 04990470 frs-core:ComputerEquipment 2023-01-01 2023-12-31 04990470 frs-core:ComputerEquipment 2022-12-31 04990470 frs-core:FurnitureFittings 2023-12-31 04990470 frs-core:FurnitureFittings 2023-01-01 2023-12-31 04990470 frs-core:FurnitureFittings 2022-12-31 04990470 frs-core:NetGoodwill 2023-12-31 04990470 frs-core:NetGoodwill 2023-01-01 2023-12-31 04990470 frs-core:NetGoodwill 2022-12-31 04990470 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 04990470 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-01 2023-12-31 04990470 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-12-31 04990470 frs-core:PlantMachinery 2023-12-31 04990470 frs-core:PlantMachinery 2023-01-01 2023-12-31 04990470 frs-core:PlantMachinery 2022-12-31 04990470 frs-core:WithinOneYear 2023-12-31 04990470 frs-core:ShareCapital 2023-12-31 04990470 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 04990470 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04990470 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 04990470 frs-bus:SmallEntities 2023-01-01 2023-12-31 04990470 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 04990470 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 04990470 frs-bus:Director1 2023-01-01 2023-12-31 04990470 frs-bus:Director2 2023-01-01 2023-12-31 04990470 frs-bus:Director3 2023-01-01 2023-12-31 04990470 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 04990470 frs-core:CurrentFinancialInstruments 3 2023-12-31 04990470 frs-countries:EnglandWales 2023-01-01 2023-12-31 04990470 2021-12-31 04990470 2022-12-31 04990470 2022-01-01 2022-12-31 04990470 frs-core:CurrentFinancialInstruments 2022-12-31 04990470 frs-core:Non-currentFinancialInstruments 2022-12-31 04990470 frs-core:BetweenOneFiveYears 2022-12-31 04990470 frs-core:WithinOneYear 2022-12-31 04990470 frs-core:ShareCapital 2022-12-31 04990470 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 04990470 frs-core:CurrentFinancialInstruments 1 2022-12-31 04990470 frs-core:CurrentFinancialInstruments 3 2022-12-31 04990470 frs-core:CurrentFinancialInstruments 4 2022-12-31
Registered number: 04990470
Girlings Services Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Advoco (SW) Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04990470
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1 1
Tangible Assets 5 109,283 130,853
109,284 130,854
CURRENT ASSETS
Stocks 6 2,700 2,410
Debtors 7 22,773 1,083
Cash at bank and in hand 155,936 190,540
181,409 194,033
Creditors: Amounts Falling Due Within One Year 8 (97,380 ) (95,154 )
NET CURRENT ASSETS (LIABILITIES) 84,029 98,879
TOTAL ASSETS LESS CURRENT LIABILITIES 193,313 229,733
Creditors: Amounts Falling Due After More Than One Year 9 (26,203 ) (41,490 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (17,975 ) (17,262 )
NET ASSETS 149,135 170,981
CAPITAL AND RESERVES
Called up share capital 11 1,000 1,000
Profit and Loss Account 148,135 169,981
SHAREHOLDERS' FUNDS 149,135 170,981
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 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 Ian Girling
Director
Mrs Nicola Girling
Director
26 September 2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Girlings Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04990470 . The registered office is 4 Swan Yard, Sherborne, Dorset, DT9 3AX.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.
2.4. 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:
Leasehold nil
Plant & Machinery 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on reducing balance
2.5. 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.
2.6. 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.
Page 3
Page 4
2.7. 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.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2022: 9)
9 9
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2023 25,000
As at 31 December 2023 25,000
Amortisation
As at 1 January 2023 24,999
As at 31 December 2023 24,999
Net Book Value
As at 31 December 2023 1
As at 1 January 2023 1
Page 4
Page 5
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2023 40,000 142,544 62,634 17,461 262,639
As at 31 December 2023 40,000 142,544 62,634 17,461 262,639
Depreciation
As at 1 January 2023 - 66,329 54,966 10,491 131,786
Provided during the period - 17,910 1,917 1,743 21,570
As at 31 December 2023 - 84,239 56,883 12,234 153,356
Net Book Value
As at 31 December 2023 40,000 58,305 5,751 5,227 109,283
As at 1 January 2023 40,000 76,215 7,668 6,970 130,853
6. Stocks
2023 2022
£ £
Stock 2,700 2,410
7. Debtors
2023 2022
£ £
Due within one year
Trade debtors 957 1,030
Other debtors 21,816 53
22,773 1,083
8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 5,100 4,740
Trade creditors 10,870 14,566
Bank loans and overdrafts 10,000 10,000
Corporation tax liability 25,215 16,135
Social security and other tax 810 616
VAT 5 1,407
Deferred income - 5,260
Credit card 555 715
Pension creditor - 18
Accrued expenses 14,377 22,560
Directors' loan accounts 30,448 19,137
97,380 95,154
Page 5
Page 6
9. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 8,761 14,219
Bank loans 17,442 27,271
26,203 41,490
10. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 5,100 4,740
Later than one year and not later than five years 8,761 14,219
13,861 18,959
13,861 18,959
11. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 6