Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 7 March 2022 false 1 April 2023 31 March 2024 31 March 2024 13958852 Mr Michael Dale Mrs Samantha Dale Mr Michael Dale & Mrs Samantha Dale true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13958852 2023-03-31 13958852 2024-03-31 13958852 2023-04-01 2024-03-31 13958852 frs-core:CurrentFinancialInstruments 2024-03-31 13958852 frs-core:NetGoodwill 2024-03-31 13958852 frs-core:NetGoodwill 2023-04-01 2024-03-31 13958852 frs-core:NetGoodwill 2023-03-31 13958852 frs-core:MotorVehicles 2024-03-31 13958852 frs-core:MotorVehicles 2023-04-01 2024-03-31 13958852 frs-core:MotorVehicles 2023-03-31 13958852 frs-core:PlantMachinery 2024-03-31 13958852 frs-core:PlantMachinery 2023-04-01 2024-03-31 13958852 frs-core:PlantMachinery 2023-03-31 13958852 frs-core:ShareCapital 2024-03-31 13958852 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 13958852 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13958852 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 13958852 frs-bus:SmallEntities 2023-04-01 2024-03-31 13958852 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13958852 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 13958852 1 2023-04-01 2024-03-31 13958852 frs-bus:Director1 2023-04-01 2024-03-31 13958852 frs-bus:Director2 2023-04-01 2024-03-31 13958852 frs-countries:EnglandWales 2023-04-01 2024-03-31 13958852 2022-03-06 13958852 2023-03-31 13958852 2022-03-07 2023-03-31 13958852 frs-core:CurrentFinancialInstruments 2023-03-31 13958852 frs-core:ShareCapital 2023-03-31 13958852 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 13958852
S&M Pressure Washer Services Ltd
Financial Statements
For The Year Ended 31 March 2024
Arthur G Edwards & Co Limited
Chartered Certified Accountants
Alexandra House
74 Moorland Road
Stoke-on-Trent
Staffs
ST6 1DY
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13958852
31 March 2024 31 March 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 32,000 36,000
Tangible Assets 5 13,590 9,952
45,590 45,952
CURRENT ASSETS
Stocks 6 18,500 16,000
Debtors 7 48,847 34,259
Cash at bank and in hand 66,850 60,174
134,197 110,433
Creditors: Amounts Falling Due Within One Year 8 (124,117 ) (127,528 )
NET CURRENT ASSETS (LIABILITIES) 10,080 (17,095 )
TOTAL ASSETS LESS CURRENT LIABILITIES 55,670 28,857
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,398 ) (1,891 )
NET ASSETS 52,272 26,966
CAPITAL AND RESERVES
Called up share capital 9 200 200
Profit and Loss Account 52,072 26,766
SHAREHOLDERS' FUNDS 52,272 26,966
Page 1
Page 2
For the year ending 31 March 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
Mrs Samantha Dale
Director
30/08/2024
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
S&M Pressure Washer Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13958852 . The registered office is Unit 12 Brownhills Business Park, Canal Lane, Stoke on Trent, Staffs, ST6 4RP.
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 represents the invoiced value of goods and services supplied by the company during the year, net of value added tax. 
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
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% reducing balance
Motor Vehicles 25% reducing balance
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.
2.6. Taxation
The corporation tax payable is based on taxable profit for the period. Taxable profit differs from profit before taxation as reported in the profit and loss account because of adjustments made for capital allowance claims and disallowable items of expenditure. 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 in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax is measured at the tax rates that are expected to apply in the period in which the assets are 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.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
Page 3
Page 4
2.8. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 3)
4 3
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2023 40,000
As at 31 March 2024 40,000
Amortisation
As at 1 April 2023 4,000
Provided during the period 4,000
As at 31 March 2024 8,000
Net Book Value
As at 31 March 2024 32,000
As at 1 April 2023 36,000
5. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 April 2023 13,270 - 13,270
Additions 6,167 2,000 8,167
As at 31 March 2024 19,437 2,000 21,437
Depreciation
As at 1 April 2023 3,318 - 3,318
Provided during the period 4,029 500 4,529
As at 31 March 2024 7,347 500 7,847
Net Book Value
As at 31 March 2024 12,090 1,500 13,590
As at 1 April 2023 9,952 - 9,952
Page 4
Page 5
6. Stocks
31 March 2024 31 March 2023
£ £
Stock 18,500 16,000
7. Debtors
31 March 2024 31 March 2023
£ £
Due within one year
Trade debtors 41,004 32,529
Prepayments and accrued income 2,843 1,730
Other debtors 5,000 -
48,847 34,259
8. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 March 2023
£ £
Trade creditors 20,867 17,129
Corporation tax 11,906 10,956
Other taxes and social security 3,879 942
VAT 2,540 2,069
Accruals and deferred income 5,498 1,270
Directors' loan accounts 79,427 95,162
124,117 127,528
9. Share Capital
31 March 2024 31 March 2023
£ £
Allotted, Called up and fully paid 200 200
10. Ultimate Controlling Party
The company's ultimate controlling party is Mr Michael Dale & Mrs Samantha Dale by virtue of their ownership of 100% (50% each)of the issued share capital in the company.
Page 5