Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 04136279 Mrs Rebecca Berkeley Mr Neil Berkeley Mrs Cherry Berkeley Mr Daniel Rivers iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04136279 2023-01-31 04136279 2024-01-31 04136279 2023-02-01 2024-01-31 04136279 frs-core:CurrentFinancialInstruments 2024-01-31 04136279 frs-core:Non-currentFinancialInstruments 2024-01-31 04136279 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-31 04136279 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-02-01 2024-01-31 04136279 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-01-31 04136279 frs-core:FurnitureFittings 2024-01-31 04136279 frs-core:FurnitureFittings 2023-02-01 2024-01-31 04136279 frs-core:FurnitureFittings 2023-01-31 04136279 frs-core:MotorVehicles 2024-01-31 04136279 frs-core:MotorVehicles 2023-02-01 2024-01-31 04136279 frs-core:MotorVehicles 2023-01-31 04136279 frs-core:PlantMachinery 2024-01-31 04136279 frs-core:PlantMachinery 2023-02-01 2024-01-31 04136279 frs-core:PlantMachinery 2023-01-31 04136279 frs-core:ShareCapital 2024-01-31 04136279 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 04136279 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 04136279 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 04136279 frs-bus:SmallEntities 2023-02-01 2024-01-31 04136279 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 04136279 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 04136279 frs-bus:Director1 2023-02-01 2024-01-31 04136279 frs-bus:Director2 2023-02-01 2024-01-31 04136279 frs-bus:Director3 2023-02-01 2024-01-31 04136279 frs-bus:CompanySecretary1 2023-02-01 2024-01-31 04136279 frs-countries:EnglandWales 2023-02-01 2024-01-31 04136279 2022-01-31 04136279 2023-01-31 04136279 2022-02-01 2023-01-31 04136279 frs-core:CurrentFinancialInstruments 2023-01-31 04136279 frs-core:Non-currentFinancialInstruments 2023-01-31 04136279 frs-core:ShareCapital 2023-01-31 04136279 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 04136279
Sash Window Conservation Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
Arque Consulting
Addington Business Centre
24 Vulcan Way
New Addington
Surrey
CR0 9UG
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04136279
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 3,470 576
Tangible Assets 5 100,867 113,796
104,337 114,372
CURRENT ASSETS
Stocks 6 61,596 57,112
Debtors 7 816,451 817,228
Cash at bank and in hand 354,505 428,778
1,232,552 1,303,118
Creditors: Amounts Falling Due Within One Year 8 (317,199 ) (331,537 )
NET CURRENT ASSETS (LIABILITIES) 915,353 971,581
TOTAL ASSETS LESS CURRENT LIABILITIES 1,019,690 1,085,953
Creditors: Amounts Falling Due After More Than One Year 9 (87,500 ) (137,500 )
NET ASSETS 932,190 948,453
CAPITAL AND RESERVES
Called up share capital 10 272 272
Profit and Loss Account 931,918 948,181
SHAREHOLDERS' FUNDS 932,190 948,453
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For the year ending 31 January 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 Neil Berkeley
Director
17th May 2024
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Sash Window Conservation Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04136279 . The registered office is Unit 4 Honeycrest Industrial, Park, Lodge Road, Staplehurst, Tonbridge, Kent, TN12 0RX.
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. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
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:
Plant & Machinery 25% straight line
Motor Vehicles 20% reducing balance
Fixtures & Fittings 20% straight line
2.5. 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.
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2.6. 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.
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: 21 (2023: 23)
21 23
4. Intangible Assets
Development Costs
£
Cost
As at 1 February 2023 2,880
Additions 4,250
As at 31 January 2024 7,130
Amortisation
As at 1 February 2023 2,304
Provided during the period 1,356
As at 31 January 2024 3,660
Net Book Value
As at 31 January 2024 3,470
As at 1 February 2023 576
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5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 February 2023 160,313 27,420 65,846 253,579
Additions - - 1,192 1,192
As at 31 January 2024 160,313 27,420 67,038 254,771
Depreciation
As at 1 February 2023 79,831 6,215 53,737 139,783
Provided during the period 7,649 4,241 2,231 14,121
As at 31 January 2024 87,480 10,456 55,968 153,904
Net Book Value
As at 31 January 2024 72,833 16,964 11,070 100,867
As at 1 February 2023 80,482 21,205 12,109 113,796
6. Stocks
2024 2023
£ £
Stock 61,596 57,112
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 656,394 644,590
Prepayments and accrued income 34,937 31,339
Other debtors 117,566 114,009
VAT 7,554 24,436
Directors' loan accounts - 2,854
816,451 817,228
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 101,987 176,473
Bank loans and overdrafts 50,000 50,000
Corporation tax 42,383 42,909
Other taxes and social security 14,053 14,053
Other creditors - 586
Accruals and deferred income 108,302 47,516
Directors' loan accounts 474 -
317,199 331,537
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9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 87,500 137,500
87,500 137,500
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 272 272
11. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 75,500 81,500
75,500 81,500
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