Acorah Software Products - Accounts Production 15.0.600 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 12878016 Miss Amy Fletcher Mr Barry Rawlinson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12878016 2023-09-30 12878016 2024-09-30 12878016 2023-10-01 2024-09-30 12878016 frs-core:CurrentFinancialInstruments 2024-09-30 12878016 frs-core:Non-currentFinancialInstruments 2024-09-30 12878016 frs-core:ComputerEquipment 2024-09-30 12878016 frs-core:ComputerEquipment 2023-10-01 2024-09-30 12878016 frs-core:ComputerEquipment 2023-09-30 12878016 frs-core:FurnitureFittings 2024-09-30 12878016 frs-core:FurnitureFittings 2023-10-01 2024-09-30 12878016 frs-core:FurnitureFittings 2023-09-30 12878016 frs-core:MotorVehicles 2024-09-30 12878016 frs-core:MotorVehicles 2023-10-01 2024-09-30 12878016 frs-core:MotorVehicles 2023-09-30 12878016 frs-core:PlantMachinery 2023-10-01 2024-09-30 12878016 frs-core:ShareCapital 2024-09-30 12878016 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 12878016 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12878016 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 12878016 frs-bus:SmallEntities 2023-10-01 2024-09-30 12878016 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 12878016 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 12878016 frs-bus:Director1 2023-10-01 2024-09-30 12878016 frs-bus:Director2 2023-10-01 2024-09-30 12878016 frs-countries:EnglandWales 2023-10-01 2024-09-30 12878016 2022-09-30 12878016 2023-09-30 12878016 2022-10-01 2023-09-30 12878016 frs-core:CurrentFinancialInstruments 2023-09-30 12878016 frs-core:Non-currentFinancialInstruments 2023-09-30 12878016 frs-core:ShareCapital 2023-09-30 12878016 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 12878016
Vertex Render Supplies Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
TaxAssist Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12878016
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 76,496 113,747
76,496 113,747
CURRENT ASSETS
Stocks 5 33,904 45,461
Debtors 6 122,283 165,135
Cash at bank and in hand 43,822 22,584
200,009 233,180
Creditors: Amounts Falling Due Within One Year 7 (171,176 ) (221,199 )
NET CURRENT ASSETS (LIABILITIES) 28,833 11,981
TOTAL ASSETS LESS CURRENT LIABILITIES 105,329 125,728
Creditors: Amounts Falling Due After More Than One Year 8 (99,600 ) (117,250 )
NET ASSETS 5,729 8,478
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 5,727 8,476
SHAREHOLDERS' FUNDS 5,729 8,478
Page 1
Page 2
For the year ending 30 September 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
Miss Amy Fletcher
Director
14/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Vertex Render Supplies Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12878016 . The registered office is Unit 2, Black Carr Mill, Skipton Road, Trawden, BB8 8QU.
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:
Plant & Machinery RB 25%
Motor Vehicles RB 25%
Fixtures & Fittings RB 25%
Computer Equipment SL 33%
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 3)
2 3
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 October 2023 150,705 703 491 151,899
Disposals (15,500 ) - - (15,500 )
As at 30 September 2024 135,205 703 491 136,399
...CONTINUED
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Page 4
Depreciation
As at 1 October 2023 37,676 152 324 38,152
Provided during the period 25,351 113 162 25,626
Disposals (3,875 ) - - (3,875 )
As at 30 September 2024 59,152 265 486 59,903
Net Book Value
As at 30 September 2024 76,053 438 5 76,496
As at 1 October 2023 113,029 551 167 113,747
5. Stocks
2024 2023
£ £
Stock 33,904 45,461
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 122,283 147,297
VAT - 17,838
122,283 165,135
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 85,068 89,732
Credit Card 37,496 96,467
VAT 13,612 -
Directors' loan accounts 35,000 35,000
171,176 221,199
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Hire Purchase Loan 99,600 117,250
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4