Acorah Software Products - Accounts Production 14.6.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 5125289 Mr NICHOLAS TINDALL Mr RICHARD BATES Mr BENJAMIN RUSSELL Mr NICHOLAS TINDALL true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 5125289 2023-05-31 5125289 2024-05-31 5125289 2023-06-01 2024-05-31 5125289 frs-core:CurrentFinancialInstruments 2024-05-31 5125289 frs-core:Non-currentFinancialInstruments 2024-05-31 5125289 frs-core:FurnitureFittings 2024-05-31 5125289 frs-core:FurnitureFittings 2023-06-01 2024-05-31 5125289 frs-core:FurnitureFittings 2023-05-31 5125289 frs-core:MotorVehicles 2024-05-31 5125289 frs-core:MotorVehicles 2023-06-01 2024-05-31 5125289 frs-core:MotorVehicles 2023-05-31 5125289 frs-core:PlantMachinery 2024-05-31 5125289 frs-core:PlantMachinery 2023-06-01 2024-05-31 5125289 frs-core:PlantMachinery 2023-05-31 5125289 frs-core:ShareCapital 2024-05-31 5125289 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 5125289 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 5125289 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 5125289 frs-bus:SmallEntities 2023-06-01 2024-05-31 5125289 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 5125289 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 5125289 1 2023-06-01 2024-05-31 5125289 frs-bus:Director1 2023-06-01 2024-05-31 5125289 frs-bus:Director2 2023-06-01 2024-05-31 5125289 frs-bus:Director3 2023-06-01 2024-05-31 5125289 frs-bus:CompanySecretary1 2023-06-01 2024-05-31 5125289 frs-countries:EnglandWales 2023-06-01 2024-05-31 5125289 2022-05-31 5125289 2023-05-31 5125289 2022-06-01 2023-05-31 5125289 frs-core:CurrentFinancialInstruments 2023-05-31 5125289 frs-core:Non-currentFinancialInstruments 2023-05-31 5125289 frs-core:ShareCapital 2023-05-31 5125289 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 5125289
ARLINGTON INTERIORS LIMITED
Unaudited Financial Statements
For The Year Ended 31 May 2024
QUALITY BUSINESS SERVICES (YORKSHIRE) LIMITED
Association of Accounting Technicians
20 HIGH STREET
QUEENSBURY
BRADFORD
WEST YORKSHIRE
BD13 2PA
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 5125289
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 10,703 13,552
10,703 13,552
CURRENT ASSETS
Stocks 4 86,112 78,980
Debtors 5 82,867 28,199
Cash at bank and in hand 360,012 352,860
528,991 460,039
Creditors: Amounts Falling Due Within One Year 6 (269,488 ) (193,600 )
NET CURRENT ASSETS (LIABILITIES) 259,503 266,439
TOTAL ASSETS LESS CURRENT LIABILITIES 270,206 279,991
Creditors: Amounts Falling Due After More Than One Year 7 (19,167 ) (29,167 )
NET ASSETS 251,039 250,824
CAPITAL AND RESERVES
Called up share capital 8 750 750
Profit and Loss Account 250,289 250,074
SHAREHOLDERS' FUNDS 251,039 250,824
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For the year ending 31 May 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 NICHOLAS TINDALL
Director
Mr RICHARD BATES
Director
Mr BENJAMIN RUSSELL
Director
17 September 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 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.
1.2. 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.
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:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
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.
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1.5. 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.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2024 2023
Office and administration 2 2
Sales, marketing and distribution 3 3
5 5
3. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 June 2023 5,117 19,280 42,724 67,121
Additions 292 - 427 719
As at 31 May 2024 5,409 19,280 43,151 67,840
...CONTINUED
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Depreciation
As at 1 June 2023 4,370 17,832 31,367 53,569
Provided during the period 260 362 2,946 3,568
As at 31 May 2024 4,630 18,194 34,313 57,137
Net Book Value
As at 31 May 2024 779 1,086 8,838 10,703
As at 1 June 2023 747 1,448 11,357 13,552
4. Stocks
2024 2023
£ £
Stock 86,112 78,980
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 53,433 -
Prepayments and accrued income 29,434 28,199
82,867 28,199
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 133,295 38,613
Bank loans and overdrafts 10,000 10,000
Corporation tax 40,677 43,020
VAT 17,169 10,019
Other creditors - customer deposits 58,597 59,800
Accruals and deferred income 750 2,148
Directors' loan accounts 9,000 30,000
269,488 193,600
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 19,167 29,167
19,167 29,167
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8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 750 750
9. Dividends
2024 2023
£ £
On equity shares:
Interim dividend paid 118,500 117,150
118,500 117,150
10. Ultimate Controlling Party
The company's ultimate controlling parties are Mr Richard Bates, Mr Benjamin Russell and Mr Nicholas Tindall by virtue of their ownership of 100% of the issued share capital in the company.
11. General Information
Arlington Interiors Limited, Registered number 5125289 is a limited by shares company incorporated in England & Wales. The Registered Office is 4 The Spinning Mill, Sunny Bank Mills, Town Street, Farsley, Leeds, LS28 5UJ.
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