Acorah Software Products - Accounts Production 15.0.600 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 06925856 D Clark S J Clark S J Clark iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06925856 2023-06-30 06925856 2024-06-30 06925856 2023-07-01 2024-06-30 06925856 frs-core:CurrentFinancialInstruments 2024-06-30 06925856 frs-core:Non-currentFinancialInstruments 2024-06-30 06925856 frs-core:BetweenOneFiveYears 2024-06-30 06925856 frs-core:MotorVehicles 2024-06-30 06925856 frs-core:MotorVehicles 2023-07-01 2024-06-30 06925856 frs-core:MotorVehicles 2023-06-30 06925856 frs-core:PlantMachinery 2024-06-30 06925856 frs-core:PlantMachinery 2023-07-01 2024-06-30 06925856 frs-core:PlantMachinery 2023-06-30 06925856 frs-core:WithinOneYear 2024-06-30 06925856 frs-core:ShareCapital 2024-06-30 06925856 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 06925856 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 06925856 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 06925856 frs-bus:SmallEntities 2023-07-01 2024-06-30 06925856 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 06925856 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 06925856 frs-bus:Director1 2023-07-01 2024-06-30 06925856 frs-bus:Director2 2023-07-01 2024-06-30 06925856 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 06925856 frs-core:CurrentFinancialInstruments 1 2024-06-30 06925856 frs-countries:EnglandWales 2023-07-01 2024-06-30 06925856 2022-06-30 06925856 2023-06-30 06925856 2022-07-01 2023-06-30 06925856 frs-core:CurrentFinancialInstruments 2023-06-30 06925856 frs-core:Non-currentFinancialInstruments 2023-06-30 06925856 frs-core:BetweenOneFiveYears 2023-06-30 06925856 frs-core:WithinOneYear 2023-06-30 06925856 frs-core:ShareCapital 2023-06-30 06925856 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 06925856 frs-core:CurrentFinancialInstruments 1 2023-06-30
Registered number: 06925856
Acorn Building Services (Bucks) Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06925856
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 120,047 138,255
120,047 138,255
CURRENT ASSETS
Debtors 5 21,559 26,913
Cash at bank and in hand 46,461 17,672
68,020 44,585
Creditors: Amounts Falling Due Within One Year 6 (78,228 ) (58,308 )
NET CURRENT ASSETS (LIABILITIES) (10,208 ) (13,723 )
TOTAL ASSETS LESS CURRENT LIABILITIES 109,839 124,532
Creditors: Amounts Falling Due After More Than One Year 7 (13,558 ) (29,810 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (22,563 ) (26,268 )
NET ASSETS 73,718 68,454
CAPITAL AND RESERVES
Called up share capital 9 20 20
Profit and Loss Account 73,698 68,434
SHAREHOLDERS' FUNDS 73,718 68,454
Page 1
Page 2
For the year ending 30 June 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
S J Clark
Director
17 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
Acorn Building Services (Bucks) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06925856 . The registered office is The Counting House, 9 High Street, Tring, Hertfordshire, HP23 5TE.
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% straight line
Motor Vehicles 25% straight line
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.
2.5. 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.
...CONTINUED
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Page 4
2.5. Taxation - continued
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: 3 (2023: 2)
3 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 July 2023 137,536 212,880 350,416
Additions 6,370 - 6,370
Disposals - (24,438 ) (24,438 )
As at 30 June 2024 143,906 188,442 332,348
Depreciation
As at 1 July 2023 114,769 97,392 212,161
Provided during the period 9,301 15,278 24,579
Disposals - (24,439 ) (24,439 )
As at 30 June 2024 124,070 88,231 212,301
Net Book Value
As at 30 June 2024 19,836 100,211 120,047
As at 1 July 2023 22,767 115,488 138,255
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 118 25,631
Prepayments and accrued income 21,441 1,282
21,559 26,913
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Page 5
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 16,252 16,252
Trade creditors 1,867 4,154
Corporation tax 28,129 2,111
Other taxes and social security - 80
VAT 5,265 8,325
Net wages 883 -
Credit card control 5,512 5,920
Accruals and deferred income 1,415 1,400
Directors' loan accounts 18,905 20,066
78,228 58,308
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 13,558 29,810
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 16,252 16,252
Later than one year and not later than five years 13,558 29,810
29,810 46,062
29,810 46,062
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 20 20
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