Acorah Software Products - Accounts Production 14.6.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 04494707 Mr James Webster Mr Barry Barnes true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04494707 2023-03-31 04494707 2024-03-31 04494707 2023-04-01 2024-03-31 04494707 frs-core:CurrentFinancialInstruments 2024-03-31 04494707 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 04494707 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 04494707 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 04494707 frs-core:ShareCapital 2024-03-31 04494707 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 04494707 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04494707 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 04494707 frs-bus:SmallEntities 2023-04-01 2024-03-31 04494707 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 04494707 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 04494707 1 2023-04-01 2024-03-31 04494707 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-03-31 04494707 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31 04494707 frs-bus:Director1 2023-04-01 2024-03-31 04494707 frs-bus:Director2 2023-04-01 2024-03-31 04494707 frs-countries:EnglandWales 2023-04-01 2024-03-31 04494707 2022-03-31 04494707 2023-03-31 04494707 2022-04-01 2023-03-31 04494707 frs-core:CurrentFinancialInstruments 2023-03-31 04494707 frs-core:ShareCapital 2023-03-31 04494707 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 04494707 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-03-31
Registered number: 04494707
Barnes Webster (Holdings) Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Chandler Tuck Limited
Chartered Accountants
1st Floor
30 North Street
Ashford
Kent
TN24 8JR
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04494707
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,440,000 1,700,000
1,440,000 1,700,000
CURRENT ASSETS
Debtors 5 216,614 11,397
Cash at bank and in hand 71,584 21,521
288,198 32,918
Creditors: Amounts Falling Due Within One Year 6 (61,025 ) (43,726 )
NET CURRENT ASSETS (LIABILITIES) 227,173 (10,808 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,667,173 1,689,192
PROVISIONS FOR LIABILITIES
Deferred Taxation (357,620 ) (184,328 )
NET ASSETS 1,309,553 1,504,864
CAPITAL AND RESERVES
Called up share capital 7 2,000 2,000
Fair Value Reserve 9 1,072,860 1,420,152
Profit and Loss Account 234,693 82,712
SHAREHOLDERS' FUNDS 1,309,553 1,504,864
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
Mr James Webster
Director
16 October 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
Barnes Webster (Holdings) Limited Registered number 04494707 is a limited by shares company incorporated in England & Wales. The Registered Office is Unit 4 Everick Business Centre, Prospect Way, Hutton, Essex, CM13 1XA.
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 April 2008).
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:
Freehold Revalued at fair value
2.4. 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.
2.5. 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: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 April 2023 1,745,677
Disposals (260,000 )
As at 31 March 2024 1,485,677
Depreciation
As at 1 April 2023 45,677
As at 31 March 2024 45,677
Net Book Value
As at 31 March 2024 1,440,000
As at 1 April 2023 1,700,000
The freehold properties were valued by the directors on 31 March 2024 at fair value.
Cost and valuation at 31 March 2024 is represented by
Cost less depreciation £9,520
Revaluation £1,430,480
Fair value £1,440,000
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 13,788 11,397
Other debtors 202,826 -
216,614 11,397
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 429 533
Other creditors 9,490 38,050
Taxation and social security 51,106 5,143
61,025 43,726
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2,000 2,000
8. Dividends
2024 2023
£ £
On equity shares:
Interim dividend paid 55,600 36,000
9. Reserves
Fair Value Reserve
£
As at 1 April 2023 1,420,152
Movements in fair value reserve (347,292)
As at 31 March 2024 1,072,860
10. Ultimate Controlling Party
No one party has overall control.
Page 4