Acorah Software Products - Accounts Production 15.0.600 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 08042876 Mr Christopher Moore Mr James Moore iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08042876 2023-04-30 08042876 2024-04-30 08042876 2023-05-01 2024-04-30 08042876 frs-core:CurrentFinancialInstruments 2024-04-30 08042876 frs-core:Non-currentFinancialInstruments 2024-04-30 08042876 frs-core:BetweenOneFiveYears 2024-04-30 08042876 frs-core:ComputerEquipment 2024-04-30 08042876 frs-core:ComputerEquipment 2023-05-01 2024-04-30 08042876 frs-core:ComputerEquipment 2023-04-30 08042876 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 08042876 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 08042876 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 08042876 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 08042876 frs-core:MotorVehicles 2024-04-30 08042876 frs-core:MotorVehicles 2023-05-01 2024-04-30 08042876 frs-core:MotorVehicles 2023-04-30 08042876 frs-core:PlantMachinery 2024-04-30 08042876 frs-core:PlantMachinery 2023-05-01 2024-04-30 08042876 frs-core:PlantMachinery 2023-04-30 08042876 frs-core:WithinOneYear 2024-04-30 08042876 frs-core:ShareCapital 2024-04-30 08042876 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08042876 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08042876 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 08042876 frs-bus:SmallEntities 2023-05-01 2024-04-30 08042876 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08042876 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08042876 frs-bus:Director1 2023-05-01 2024-04-30 08042876 frs-bus:Director2 2023-05-01 2024-04-30 08042876 frs-countries:EnglandWales 2023-05-01 2024-04-30 08042876 2022-04-30 08042876 2023-04-30 08042876 2022-05-01 2023-04-30 08042876 frs-core:CurrentFinancialInstruments 2023-04-30 08042876 frs-core:Non-currentFinancialInstruments 2023-04-30 08042876 frs-core:BetweenOneFiveYears 2023-04-30 08042876 frs-core:WithinOneYear 2023-04-30 08042876 frs-core:ShareCapital 2023-04-30 08042876 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 08042876
C & J Plumbing & Heating South West Ltd
Financial Statements
For The Year Ended 30 April 2024
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08042876
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 197,516 151,228
197,516 151,228
CURRENT ASSETS
Stocks 5 70,000 53,000
Debtors 6 52,222 95,928
Cash at bank and in hand 146,695 178,755
268,917 327,683
Creditors: Amounts Falling Due Within One Year 7 (154,528 ) (176,649 )
NET CURRENT ASSETS (LIABILITIES) 114,389 151,034
TOTAL ASSETS LESS CURRENT LIABILITIES 311,905 302,262
Creditors: Amounts Falling Due After More Than One Year 8 (158,428 ) (135,730 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (32,683 ) (23,625 )
NET ASSETS 120,794 142,907
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account 120,792 142,905
SHAREHOLDERS' FUNDS 120,794 142,907
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Page 2
For the year ending 30 April 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 Christopher Moore
Director
22nd May 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
C & J Plumbing & Heating South West Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08042876 . The registered office is 3 Moore View, Inches, Bodmin, PL30 5LR.
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:
Freehold No depreciation
Leasehold No depreciation
Plant & Machinery 15% Reducing Balance
Motor Vehicles 25% Reducing Balance
Computer Equipment 15% Reducing Balance
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.
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 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2023: 13)
11 13
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 May 2023 3,823 14,935 281,500 11,796 312,054
Additions - 2,728 112,554 - 115,282
Disposals - - (33,898 ) - (33,898 )
As at 30 April 2024 3,823 17,663 360,156 11,796 393,438
Depreciation
As at 1 May 2023 - 10,898 142,709 7,219 160,826
Provided during the period - 1,015 61,351 686 63,052
Disposals - - (27,956 ) - (27,956 )
As at 30 April 2024 - 11,913 176,104 7,905 195,922
Net Book Value
As at 30 April 2024 3,823 5,750 184,052 3,891 197,516
As at 1 May 2023 3,823 4,037 138,791 4,577 151,228
5. Stocks
2024 2023
£ £
Stock 70,000 53,000
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 43,719 87,733
Other debtors 200 1,000
VAT 8,303 7,195
52,222 95,928
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 57,969 42,317
Trade creditors 80,398 69,134
Corporation tax 4,521 34,124
Other creditors 7,238 6,395
Accruals and deferred income 3,000 2,795
Directors' loan accounts 1,402 21,884
154,528 176,649
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 105,072 75,455
Bank loans 53,356 60,275
158,428 135,730
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 57,969 42,317
Later than one year and not later than five years 105,072 75,455
163,041 117,772
163,041 117,772
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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