Acorah Software Products - Accounts Production 15.0.600 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 10280626 Miss Amy Fletcher Mr Barry Rawlinson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10280626 2023-07-31 10280626 2024-07-31 10280626 2023-08-01 2024-07-31 10280626 frs-core:CurrentFinancialInstruments 2024-07-31 10280626 frs-core:Non-currentFinancialInstruments 2024-07-31 10280626 frs-core:ComputerEquipment 2024-07-31 10280626 frs-core:ComputerEquipment 2023-08-01 2024-07-31 10280626 frs-core:ComputerEquipment 2023-07-31 10280626 frs-core:FurnitureFittings 2024-07-31 10280626 frs-core:FurnitureFittings 2023-08-01 2024-07-31 10280626 frs-core:FurnitureFittings 2023-07-31 10280626 frs-core:MotorVehicles 2024-07-31 10280626 frs-core:MotorVehicles 2023-08-01 2024-07-31 10280626 frs-core:MotorVehicles 2023-07-31 10280626 frs-core:PlantMachinery 2024-07-31 10280626 frs-core:PlantMachinery 2023-08-01 2024-07-31 10280626 frs-core:PlantMachinery 2023-07-31 10280626 frs-core:ShareCapital 2024-07-31 10280626 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 10280626 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 10280626 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 10280626 frs-bus:SmallEntities 2023-08-01 2024-07-31 10280626 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 10280626 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 10280626 frs-bus:Director1 2023-08-01 2024-07-31 10280626 frs-bus:Director2 2023-08-01 2024-07-31 10280626 frs-countries:EnglandWales 2023-08-01 2024-07-31 10280626 2022-07-31 10280626 2023-07-31 10280626 2022-08-01 2023-07-31 10280626 frs-core:CurrentFinancialInstruments 2023-07-31 10280626 frs-core:Non-currentFinancialInstruments 2023-07-31 10280626 frs-core:ShareCapital 2023-07-31 10280626 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 10280626
Northwest Render Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
TaxAssist Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10280626
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 48,704 65,665
48,704 65,665
CURRENT ASSETS
Debtors 5 224,718 283,259
Cash at bank and in hand 44,561 59,719
269,279 342,978
Creditors: Amounts Falling Due Within One Year 6 (61,998 ) (131,074 )
NET CURRENT ASSETS (LIABILITIES) 207,281 211,904
TOTAL ASSETS LESS CURRENT LIABILITIES 255,985 277,569
Creditors: Amounts Falling Due After More Than One Year 7 (52,519 ) (75,322 )
NET ASSETS 203,466 202,247
CAPITAL AND RESERVES
Called up share capital 8 4 4
Profit and Loss Account 203,462 202,243
SHAREHOLDERS' FUNDS 203,466 202,247
Page 1
Page 2
For the year ending 31 July 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 Barry Rawlinson
Director
25/10/2024
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
Northwest Render Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10280626 . The registered office is Unit 2, Black Carr Mill Skipton Road, Trawden, Colne, 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. 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: 5 (2023: 5)
5 5
Page 3
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 August 2023 30,458 102,560 3,779 2,961 139,758
Additions 437 - - - 437
As at 31 July 2024 30,895 102,560 3,779 2,961 140,195
Depreciation
As at 1 August 2023 20,144 49,899 2,096 1,954 74,093
Provided during the period 2,836 13,165 420 977 17,398
As at 31 July 2024 22,980 63,064 2,516 2,931 91,491
Net Book Value
As at 31 July 2024 7,915 39,496 1,263 30 48,704
As at 1 August 2023 10,314 52,661 1,683 1,007 65,665
5. Debtors
2024 2023
£ £
Due within one year
VAT 5,748 11,032
Directors' loan accounts 48 -
5,796 11,032
Due after more than one year
Trade debtors 218,922 272,227
224,718 283,259
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 60,581 113,941
Bank loans and overdrafts 1,417 6,979
Corporation tax - 9,514
Directors' loan accounts - 640
61,998 131,074
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 15,592 26,188
Hire Purchase Finance 36,927 49,134
52,519 75,322
Page 4
Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 4 4
Page 5