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 05331497 Mrs Caroline Andrews-Bairstow Mrs Christine Andrews Mrs C Andrews-Bairstow true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05331497 2023-01-31 05331497 2024-01-31 05331497 2023-02-01 2024-01-31 05331497 frs-core:CurrentFinancialInstruments 2024-01-31 05331497 frs-core:Non-currentFinancialInstruments 2024-01-31 05331497 frs-core:FurnitureFittings 2024-01-31 05331497 frs-core:FurnitureFittings 2023-02-01 2024-01-31 05331497 frs-core:FurnitureFittings 2023-01-31 05331497 frs-core:ShareCapital 2024-01-31 05331497 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 05331497 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 05331497 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 05331497 frs-bus:SmallEntities 2023-02-01 2024-01-31 05331497 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 05331497 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 05331497 1 2023-02-01 2024-01-31 05331497 frs-bus:Director1 2023-02-01 2024-01-31 05331497 frs-bus:CompanySecretary1 2023-02-01 2024-01-31 05331497 frs-countries:EnglandWales 2023-02-01 2024-01-31 05331497 2022-01-31 05331497 2023-01-31 05331497 2022-02-01 2023-01-31 05331497 frs-core:CurrentFinancialInstruments 2023-01-31 05331497 frs-core:Non-currentFinancialInstruments 2023-01-31 05331497 frs-core:BetweenOneFiveYears 2023-01-31 05331497 frs-core:ShareCapital 2023-01-31 05331497 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 05331497
Andrews & Ward Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
DEB Chartered Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05331497
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,570 5,437
4,570 5,437
CURRENT ASSETS
Stocks 5 5,180 4,133
Debtors 6 7,770 2,922
Cash at bank and in hand 46,496 52,690
59,446 59,745
Creditors: Amounts Falling Due Within One Year 7 (44,506 ) (42,765 )
NET CURRENT ASSETS (LIABILITIES) 14,940 16,980
TOTAL ASSETS LESS CURRENT LIABILITIES 19,510 22,417
Creditors: Amounts Falling Due After More Than One Year 8 (12,250 ) (19,250 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 9 (813 ) (813 )
NET ASSETS 6,447 2,354
CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Profit and Loss Account 5,447 1,354
SHAREHOLDERS' FUNDS 6,447 2,354
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Mrs Caroline Andrews-Bairstow
Director
04/10/2024
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
Andrews & Ward Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05331497 . The registered office is 37 Southgate, Pontefract, West Yorkshire, WF8 1LN.
2. Accounting Policies
2.1. 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 January 2015).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. 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:
Fixtures & Fittings 25% reducing balance
2.4. 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.
2.5. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: NIL)
4 -
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 February 2023 95,071
Additions 657
As at 31 January 2024 95,728
Depreciation
As at 1 February 2023 89,634
Provided during the period 1,524
As at 31 January 2024 91,158
Net Book Value
As at 31 January 2024 4,570
As at 1 February 2023 5,437
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Page 4
5. Stocks
2024 2023
£ £
Stock 5,180 4,133
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 7,770 2,922
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) -
Bank loans and overdrafts 7,000 7,000
VAT 4,100 4,133
Accruals and deferred income 209 190
Director's loan account 33,198 31,442
44,506 42,765
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bounce Back Loan 12,250 19,250
9. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 813 813
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
11. Other Commitments
At the end of the period the company had annual commitments under non-cancellable leases as follows:
2024 2023
£ £
Later than one year and not later than five years - 9,558
- 9,558
Page 4
Page 5
12. Dividends
2024 2023
£ £
On equity shares:
Interim dividend paid 1,000 2,000
13. Related Party Transactions
The company is controlled by Mrs C R Andrews-Bairstow, director and shareholder of the company.
The balance on the director's loan account on 31st January 2024 was £33,198 due from the company (2023- £31,442).
14. Ultimate Controlling Party
The company's ultimate controlling party is Mrs C Andrews-Bairstow by virtue of her ownership of 100% of the issued share capital in the company.
Page 5