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 5274181 Mr Robert Shearwood Mr Daniel Shearwood the director true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 5274181 2022-12-31 5274181 2023-12-31 5274181 2023-01-01 2023-12-31 5274181 frs-core:CurrentFinancialInstruments 2023-12-31 5274181 frs-core:Non-currentFinancialInstruments 2023-12-31 5274181 frs-core:ComputerEquipment 2023-01-01 2023-12-31 5274181 frs-core:FurnitureFittings 2023-12-31 5274181 frs-core:FurnitureFittings 2023-01-01 2023-12-31 5274181 frs-core:FurnitureFittings 2022-12-31 5274181 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 5274181 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 5274181 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-31 5274181 frs-core:MotorVehicles 2023-12-31 5274181 frs-core:MotorVehicles 2023-01-01 2023-12-31 5274181 frs-core:MotorVehicles 2022-12-31 5274181 frs-core:PlantMachinery 2023-12-31 5274181 frs-core:PlantMachinery 2023-01-01 2023-12-31 5274181 frs-core:PlantMachinery 2022-12-31 5274181 frs-core:ShareCapital 2023-12-31 5274181 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 5274181 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 5274181 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 5274181 frs-bus:SmallEntities 2023-01-01 2023-12-31 5274181 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 5274181 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 5274181 1 2023-01-01 2023-12-31 5274181 frs-bus:Director1 2023-01-01 2023-12-31 5274181 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 5274181 frs-countries:EnglandWales 2023-01-01 2023-12-31 5274181 2021-12-31 5274181 2022-12-31 5274181 2022-01-01 2022-12-31 5274181 frs-core:CurrentFinancialInstruments 2022-12-31 5274181 frs-core:Non-currentFinancialInstruments 2022-12-31 5274181 frs-core:ShareCapital 2022-12-31 5274181 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 5274181
R P Shearwood Builders Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Graver & Co Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 5274181
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 271,219 212,143
271,219 212,143
CURRENT ASSETS
Stocks 4 343,946 46,595
Debtors 5 238,478 193,390
Cash at bank and in hand 2,435 29,740
584,859 269,725
Creditors: Amounts Falling Due Within One Year 6 (505,109 ) (143,289 )
NET CURRENT ASSETS (LIABILITIES) 79,750 126,436
TOTAL ASSETS LESS CURRENT LIABILITIES 350,969 338,579
Creditors: Amounts Falling Due After More Than One Year 7 (134,581 ) (77,316 )
NET ASSETS 216,388 261,263
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 216,288 261,163
SHAREHOLDERS' FUNDS 216,388 261,263
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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 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 Robert Shearwood
Director
29th August 2024
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. All income is derived from activities within the UK.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Freehold nil
Plant & Machinery 25% Reducing Balance basis
Motor Vehicles 25% Reducing Balance basis
Fixtures & Fittings 25% Reducing Balance basis
Computer Equipment 25% Reducing Balance basis
1.4. 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.
1.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 1 1
Manufacturing 3 3
4 4
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3. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 January 2023 136,292 40,613 169,504 22,531 368,940
Additions - 88,149 30,585 - 118,734
Disposals - - (19,584 ) - (19,584 )
As at 31 December 2023 136,292 128,762 180,505 22,531 468,090
Depreciation
As at 1 January 2023 - 35,147 108,826 12,824 156,797
Provided during the period - 23,403 19,141 2,426 44,970
Disposals - - (4,896 ) - (4,896 )
As at 31 December 2023 - 58,550 123,071 15,250 196,871
Net Book Value
As at 31 December 2023 136,292 70,212 57,434 7,281 271,219
As at 1 January 2023 136,292 5,466 60,678 9,707 212,143
4. Stocks
2023 2022
£ £
Stock 7,946 21,595
Materials 336,000 25,000
343,946 46,595
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 37,612 50,643
Prepayments and accrued income 6,535 4,779
44,147 55,422
Due after more than one year
Other debtors 181,960 137,968
Directors loan account 12,371 -
194,331 137,968
238,478 193,390
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6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 21,496 46,572
Bank loans and overdrafts 43,985 28,914
Corporation tax 22,879 24,283
Amounts owed to associates 416,749 43,520
505,109 143,289
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 134,581 77,316
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
Hart Farm Developments LtdR Shearwood is a director and shareholder of Hart Farm Developments Ltd.There is a loan between the two companies and the outstanding balance at the year end was £39,350 and is included within Debtors on the Balance Sheet. (£26,350 debtor 2022).

Hart Farm Developments Ltd

R Shearwood is a director and shareholder of Hart Farm Developments Ltd.

There is a loan between the two companies and the outstanding balance at the year end was £39,350 and is included within Debtors on the Balance Sheet. (£26,350 debtor 2022).

Batemans Carpets LtdR Shearwood is a director and shareholder of Batemans Carpets Ltd.There is a loan between the two companies and the outstanding balance at the year end was £74,099.29 and is included within Debtors on the Balance Sheet. (£72,526 debtor 2022). R P Shearwood Builders Ltd also carried out work for Batemans Carpets Ltd totalling £137,190.17 which is included in turnover.

Batemans Carpets Ltd

R Shearwood is a director and shareholder of Batemans Carpets Ltd.

There is a loan between the two companies and the outstanding balance at the year end was £74,099.29 and is included within Debtors on the Balance Sheet. (£72,526 debtor 2022). R P Shearwood Builders Ltd also carried out work for Batemans Carpets Ltd totalling £137,190.17 which is included in turnover.

RPS Properties LtdR Shearwood is a director and shareholder of RPS Properties Ltd.There is a loan between the two companies and the outstanding balance at the year end was £393,935.09 and is included within Creditors on the Balance Sheet. (£5,108 creditor 2022). R P Shearwood Builders Ltd also carried out work for RPS Properties Ltd totalling £329,185.85 which is included in turnover.

RPS Properties Ltd

R Shearwood is a director and shareholder of RPS Properties Ltd.

There is a loan between the two companies and the outstanding balance at the year end was £393,935.09 and is included within Creditors on the Balance Sheet. (£5,108 creditor 2022). R P Shearwood Builders Ltd also carried out work for RPS Properties Ltd totalling £329,185.85 which is included in turnover.

RPS Maintenance Services LtdR Shearwood is a director and shareholder of RPS Maintenance Services Ltd.There is a loan between the two companies and the outstanding balance at the year end was £6,897.44 and is included within Creditors on the Balance Sheet. (£3,046 creditor 2022). R P Shearwood Builders Ltd also carried out work for RPS Maintenance Ltd totalling £4,794 which is included in turnover.

RPS Maintenance Services Ltd

R Shearwood is a director and shareholder of RPS Maintenance Services Ltd.

There is a loan between the two companies and the outstanding balance at the year end was £6,897.44 and is included within Creditors on the Balance Sheet. (£3,046 creditor 2022). R P Shearwood Builders Ltd also carried out work for RPS Maintenance Ltd totalling £4,794 which is included in turnover.

R D & D Propeties LtdR Shearwood is a director and shareholder of R D & D Properties Ltd.There is a loan between the two companies and the outstanding balance at the year end was £60,024.72 and is included within Debtors on the Balance Sheet. (£39,091 debtor 2022).
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R D & D Propeties Ltd

R Shearwood is a director and shareholder of R D & D Properties Ltd.

There is a loan between the two companies and the outstanding balance at the year end was £60,024.72 and is included within Debtors on the Balance Sheet. (£39,091 debtor 2022).

Beeston Garden Centre LtdR Shearwood is a director and shareholder of Beeston Garden Centre Ltd.There is a loan between the two companies and the outstanding balance at the year end was £549 and is included within Creditors on the Balance Sheet. (£549 creditor 2022). R P Shearwood Builders Ltd also carried out work for Beeston Garden Centre Ltd totalling £5,137.20 which is included in turnover.

Beeston Garden Centre Ltd

R Shearwood is a director and shareholder of Beeston Garden Centre Ltd.

There is a loan between the two companies and the outstanding balance at the year end was £549 and is included within Creditors on the Balance Sheet. (£549 creditor 2022). R P Shearwood Builders Ltd also carried out work for Beeston Garden Centre Ltd totalling £5,137.20 which is included in turnover.

10. Ultimate Controlling Party
The company's ultimate controlling party is the director by virtue of his ownership of 100% of the issued share capital in the company.
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