Acorah Software Products - Accounts Production 15.0.600 false true false 1 April 2023 31 March 2024 31 March 2024 07550981 Mr PAUL CAPON Ms FIONA RICKWOOD iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07550981 2023-03-31 07550981 2024-03-31 07550981 2023-04-01 2024-03-31 07550981 frs-core:CurrentFinancialInstruments 2024-03-31 07550981 frs-core:Non-currentFinancialInstruments 2024-03-31 07550981 frs-core:BetweenOneFiveYears 2024-03-31 07550981 frs-core:MotorVehicles 2024-03-31 07550981 frs-core:MotorVehicles 2023-04-01 2024-03-31 07550981 frs-core:MotorVehicles 2023-03-31 07550981 frs-core:PlantMachinery 2024-03-31 07550981 frs-core:PlantMachinery 2023-04-01 2024-03-31 07550981 frs-core:PlantMachinery 2023-03-31 07550981 frs-core:WithinOneYear 2024-03-31 07550981 frs-core:ShareCapital 2024-03-31 07550981 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07550981 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07550981 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07550981 frs-bus:SmallEntities 2023-04-01 2024-03-31 07550981 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07550981 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07550981 frs-bus:Director1 2023-04-01 2024-03-31 07550981 frs-bus:Director2 2023-04-01 2024-03-31 07550981 frs-countries:EnglandWales 2023-04-01 2024-03-31
Registered number: 07550981
Capelwood Utilities UK Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Sothertons Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07550981
2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 1,137,460
1,137,460
CURRENT ASSETS
Debtors 5 (343,630 )
Cash at bank and in hand 15,740
(327,890 )
Creditors: Amounts Falling Due Within One Year 6 (369,772 )
NET CURRENT ASSETS (LIABILITIES) (697,662 )
TOTAL ASSETS LESS CURRENT LIABILITIES 439,798
Creditors: Amounts Falling Due After More Than One Year 7 (7,378 )
NET ASSETS 432,420
CAPITAL AND RESERVES
Called up share capital 9 2
Profit and Loss Account 432,418
SHAREHOLDERS' FUNDS 432,420
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 PAUL CAPON
Director
Ms FIONA RICKWOOD
Director
14/08/2024
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
Capelwood Utilities UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07550981 . The registered office is BRICKMAKERS, GAS ROAD, SITTINGBOURNE, KENT, ME10 3SH.
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 18
Motor Vehicles 18
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2
2
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 April 2023 2,707,900 56,074 2,763,974
Disposals (118,652 ) - (118,652 )
As at 31 March 2024 2,589,248 56,074 2,645,322
...CONTINUED
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Depreciation
As at 1 April 2023 1,247,634 31,900 1,279,534
Provided during the period 245,334 4,351 249,685
Disposals (21,357 ) - (21,357 )
As at 31 March 2024 1,471,611 36,251 1,507,862
Net Book Value
As at 31 March 2024 1,117,637 19,823 1,137,460
As at 1 April 2023 1,460,266 24,174 1,484,440
5. Debtors
2024
£
Due within one year
Trade debtors 234,770
Amounts owed by participating interests (599,537)
Other debtors 21,137
(343,630 )
6. Creditors: Amounts Falling Due Within One Year
2024
£
Net obligations under finance lease and hire purchase contracts 212,738
Trade creditors 1
Bank loans and overdrafts 21,667
Other creditors 93,504
Taxation and social security 41,862
369,772
7. Creditors: Amounts Falling Due After More Than One Year
2024
£
Net obligations under finance lease and hire purchase contracts 7,378
8. Obligations Under Finance Leases and Hire Purchase
2024
£
The future minimum finance lease payments are as follows:
Not later than one year 212,738
Later than one year and not later than five years 7,378
220,116
220,116
9. Share Capital
2024
£
Allotted, Called up and fully paid 2
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