Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 03326716 Mr Aaron Ford Mrs Donna Ford Mrs Donna Ford iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03326716 2023-03-31 03326716 2024-03-31 03326716 2023-04-01 2024-03-31 03326716 frs-core:CurrentFinancialInstruments 2024-03-31 03326716 frs-core:Non-currentFinancialInstruments 2024-03-31 03326716 frs-core:BetweenOneFiveYears 2024-03-31 03326716 frs-core:ComputerEquipment 2024-03-31 03326716 frs-core:ComputerEquipment 2023-04-01 2024-03-31 03326716 frs-core:ComputerEquipment 2023-03-31 03326716 frs-core:MotorVehicles 2024-03-31 03326716 frs-core:MotorVehicles 2023-04-01 2024-03-31 03326716 frs-core:MotorVehicles 2023-03-31 03326716 frs-core:PlantMachinery 2024-03-31 03326716 frs-core:PlantMachinery 2023-04-01 2024-03-31 03326716 frs-core:PlantMachinery 2023-03-31 03326716 frs-core:ShareCapital 2024-03-31 03326716 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 03326716 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03326716 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 03326716 frs-bus:SmallEntities 2023-04-01 2024-03-31 03326716 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 03326716 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 03326716 frs-bus:Director1 2023-04-01 2024-03-31 03326716 frs-bus:Director2 2023-04-01 2024-03-31 03326716 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 03326716 frs-countries:EnglandWales 2023-04-01 2024-03-31 03326716 2022-03-31 03326716 2023-03-31 03326716 2022-04-01 2023-03-31 03326716 frs-core:CurrentFinancialInstruments 2023-03-31 03326716 frs-core:Non-currentFinancialInstruments 2023-03-31 03326716 frs-core:BetweenOneFiveYears 2023-03-31 03326716 frs-core:ShareCapital 2023-03-31 03326716 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 03326716
Barecroft Carpentry Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Mendip Accounting Solutions Ltd
6 Hill Road
Clevedon
North Somerset
BS21 7NE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03326716
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 104,759 85,400
104,759 85,400
CURRENT ASSETS
Debtors 5 34,534 46,743
Cash at bank and in hand 27,580 5,271
62,114 52,014
Creditors: Amounts Falling Due Within One Year 6 (7,545 ) (3,787 )
NET CURRENT ASSETS (LIABILITIES) 54,569 48,227
TOTAL ASSETS LESS CURRENT LIABILITIES 159,328 133,627
Creditors: Amounts Falling Due After More Than One Year 7 (22,495 ) (37,490 )
NET ASSETS 136,833 96,137
CAPITAL AND RESERVES
Called up share capital 9 5 5
Profit and Loss Account 136,828 96,132
SHAREHOLDERS' FUNDS 136,833 96,137
Page 1
Page 2
For the year ending 31 March 2024 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 Aaron Ford
Director
27/09/2024
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
Barecroft Carpentry Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03326716 . The registered office is 6 Hill Road, Clevedon, North Somerset, BS21 7NE.
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:
Plant & Machinery 18%
Motor Vehicles 18%
Computer Equipment 18%
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 5)
4 5
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 34,311 81,659 5,748 121,718
Additions 836 39,995 1,524 42,355
As at 31 March 2024 35,147 121,654 7,272 164,073
Depreciation
As at 1 April 2023 15,343 18,725 2,250 36,318
Provided during the period 3,565 18,527 904 22,996
As at 31 March 2024 18,908 37,252 3,154 59,314
Net Book Value
As at 31 March 2024 16,239 84,402 4,118 104,759
As at 1 April 2023 18,968 62,934 3,498 85,400
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 10,178
Other debtors 32,360 34,493
VAT 2,174 2,072
34,534 46,743
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,446 2,841
Corporation tax 4,807 -
Other taxes and social security 583 -
Other creditors - 578
Directors' loan accounts 709 368
7,545 3,787
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 22,495 37,490
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years 22,495 37,490
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9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 5 5
Page 5