Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 03174271 Mr Peter Hubbard Mr Paul Marsh Mr Stephen Franklin Mrs Louise Boyland Mrs Carol Arnell Mr Carl Irving Mr Alex Law Ms Rachael South Ms Marlen Suller Mr Simon Robinson Ms Victoria Banon iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03174271 2023-03-31 03174271 2024-03-31 03174271 2023-04-01 2024-03-31 03174271 frs-core:CurrentFinancialInstruments 2024-03-31 03174271 frs-core:ComputerEquipment 2024-03-31 03174271 frs-core:ComputerEquipment 2023-04-01 2024-03-31 03174271 frs-core:ComputerEquipment 2023-03-31 03174271 frs-core:FurnitureFittings 2024-03-31 03174271 frs-core:FurnitureFittings 2023-04-01 2024-03-31 03174271 frs-core:FurnitureFittings 2023-03-31 03174271 frs-core:PlantMachinery 2024-03-31 03174271 frs-core:PlantMachinery 2023-04-01 2024-03-31 03174271 frs-core:PlantMachinery 2023-03-31 03174271 frs-core:OtherReservesSubtotal 2024-03-31 03174271 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 03174271 frs-bus:CompanyLimitedByGuarantee 2023-04-01 2024-03-31 03174271 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 03174271 frs-bus:SmallEntities 2023-04-01 2024-03-31 03174271 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 03174271 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 03174271 frs-core:CostValuation 2023-03-31 03174271 frs-core:CostValuation 2024-03-31 03174271 frs-core:ProvisionsForImpairmentInvestments 2023-03-31 03174271 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 03174271 frs-bus:Director1 2023-04-01 2024-03-31 03174271 frs-bus:Director2 2023-04-01 2024-03-31 03174271 frs-bus:Director3 2023-04-01 2024-03-31 03174271 frs-bus:Director4 2023-04-01 2024-03-31 03174271 frs-bus:Director5 2023-04-01 2024-03-31 03174271 frs-bus:Director6 2023-04-01 2024-03-31 03174271 frs-bus:Director7 2023-04-01 2024-03-31 03174271 frs-bus:Director8 2023-04-01 2024-03-31 03174271 frs-bus:Director9 2023-04-01 2024-03-31 03174271 frs-bus:Director10 2023-04-01 2024-03-31 03174271 frs-bus:Director11 2023-04-01 2024-03-31 03174271 frs-countries:EnglandWales 2023-04-01 2024-03-31 03174271 2022-03-31 03174271 2023-03-31 03174271 2022-04-01 2023-03-31 03174271 frs-core:CurrentFinancialInstruments 2023-03-31 03174271 frs-core:OtherReservesSubtotal 2023-03-31 03174271 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 03174271
The Association Of Master Upholsterers And Soft Furnishers
Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03174271
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,284 6,147
Investments 5 1 1
3,285 6,148
CURRENT ASSETS
Stocks 6 5,126 7,126
Debtors 7 121,174 129,774
Cash at bank and in hand 73,144 81,156
199,444 218,056
Creditors: Amounts Falling Due Within One Year 8 (70,462 ) (81,989 )
NET CURRENT ASSETS (LIABILITIES) 128,982 136,067
TOTAL ASSETS LESS CURRENT LIABILITIES 132,267 142,215
NET ASSETS 132,267 142,215
RESERVES
Other reserves 44,409 44,409
Income and Expenditure Account 87,858 97,806
MEMBERS' FUNDS 132,267 142,215
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 Income and Expenditure Account.
On behalf of the board
Ms Marlen Suller
Director
11 October 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
The Association Of Master Upholsterers And Soft Furnishers is a private company, limited by guarantee, incorporated in England & Wales, registered number 03174271 . The registered office is Portland House, Queen Street, Worksop, S80 2AW.
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 25% reducing balance
Fixtures & Fittings 15% reducing balance
Computer Equipment over 4 years
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: 14 (2023: 14)
14 14
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 6,208 2,800 34,907 43,915
As at 31 March 2024 6,208 2,800 34,907 43,915
Depreciation
As at 1 April 2023 5,930 2,800 29,038 37,768
Provided during the period 41 - 2,822 2,863
As at 31 March 2024 5,971 2,800 31,860 40,631
...CONTINUED
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Net Book Value
As at 31 March 2024 237 - 3,047 3,284
As at 1 April 2023 278 - 5,869 6,147
5. Investments
Other
£
Cost
As at 1 April 2023 1
As at 31 March 2024 1
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 1
As at 1 April 2023 1
6. Stocks
2024 2023
£ £
Finished goods 5,126 7,126
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 23,930 32,327
Prepayments and accrued income 2,505 1,869
Other debtors 460 594
Other taxes and social security 4 5
Amounts owed by group undertakings 94,275 94,979
121,174 129,774
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 42,979 45,566
VAT 7,136 10,661
Pensions (17 ) 233
Accruals and deferred income 20,364 25,529
70,462 81,989
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9. Related Party Transactions
Furnishing & Upholtery Support Services LtdWholly owned subsideryDuring the year the company paid in respect of publishing costs £10280 (2023 £11539)

Furnishing & Upholtery Support Services Ltd

Wholly owned subsidery

During the year the company paid in respect of publishing costs £10280 (2023 £11539)

The Independent PH Consultancy LtdThe company paid for admiistration services and secretarial services. These transactions were on a normal comercial basis £38133 (2023 £23304)

The Independent PH Consultancy Ltd

The company paid for admiistration services and secretarial services. These transactions were on a normal comercial basis £38133 (2023 £23304)

10. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 5