Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 07946186 Mr Mark Lawrence Mr Lee Bickerdike true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07946186 2023-03-31 07946186 2024-03-31 07946186 2023-04-01 2024-03-31 07946186 frs-core:CurrentFinancialInstruments 2024-03-31 07946186 frs-core:Non-currentFinancialInstruments 2024-03-31 07946186 frs-core:FurnitureFittings 2024-03-31 07946186 frs-core:FurnitureFittings 2023-04-01 2024-03-31 07946186 frs-core:FurnitureFittings 2023-03-31 07946186 frs-core:MotorVehicles 2024-03-31 07946186 frs-core:MotorVehicles 2023-04-01 2024-03-31 07946186 frs-core:MotorVehicles 2023-03-31 07946186 frs-core:PlantMachinery 2024-03-31 07946186 frs-core:PlantMachinery 2023-04-01 2024-03-31 07946186 frs-core:PlantMachinery 2023-03-31 07946186 frs-core:ShareCapital 2024-03-31 07946186 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07946186 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07946186 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07946186 frs-bus:SmallEntities 2023-04-01 2024-03-31 07946186 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07946186 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07946186 1 2023-04-01 2024-03-31 07946186 frs-bus:Director1 2023-04-01 2024-03-31 07946186 frs-bus:Director2 2023-04-01 2024-03-31 07946186 1 2023-04-01 2024-03-31 07946186 frs-countries:EnglandWales 2023-04-01 2024-03-31 07946186 2022-03-31 07946186 2023-03-31 07946186 2022-04-01 2023-03-31 07946186 frs-core:CurrentFinancialInstruments 2023-03-31 07946186 frs-core:Non-currentFinancialInstruments 2023-03-31 07946186 frs-core:ShareCapital 2023-03-31 07946186 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 07946186 1 2022-04-01 2023-03-31
Registered number: 07946186
Phoenix Garden Buildings Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Eyre & Co Accountants Limited
294 Balby Road
Doncaster
DN4 0QF
Unaudited Financial Statements
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Directors Mr Mark Lawrence
Mr Lee Bickerdike
Company Number 07946186
Registered Office 294 Balby Road
Balby
Doncaster
South Yorkshire
DN4 0QF
Accountants Eyre & Co Accountants Limited
294 Balby Road
Doncaster
DN4 0QF
Page 1
Page 2
Balance Sheet
Registered number: 07946186
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 108,455 75,385
108,455 75,385
CURRENT ASSETS
Stocks 4 217,232 282,662
Debtors 5 196,387 153,443
Cash at bank and in hand 20,768 5
434,387 436,110
Creditors: Amounts Falling Due Within One Year 6 (444,902 ) (457,758 )
NET CURRENT ASSETS (LIABILITIES) (10,515 ) (21,648 )
TOTAL ASSETS LESS CURRENT LIABILITIES 97,940 53,737
Creditors: Amounts Falling Due After More Than One Year 7 (44,609 ) (29,556 )
NET ASSETS 53,331 24,181
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 53,231 24,081
SHAREHOLDERS' FUNDS 53,331 24,181
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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 Mark Lawrence
Director
19/09/2024
The notes on pages 4 to 6 form part of these financial statements.
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Page 4
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.
1.3. 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% on cost
Motor Vehicles 25% reducing balance method
Fixtures & Fittings 20% on cost
1.4. 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.
1.5. 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.
1.6. Taxation
Taxation for the year comprises current and deffered tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the rates and laws that have been enacted or substantively enacted by the statement of financial position date.
1.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Production 36 34
36 34
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3. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 April 2023 44,945 111,004 24,264 180,213
Additions 5,054 54,956 3,405 63,415
As at 31 March 2024 49,999 165,960 27,669 243,628
Depreciation
As at 1 April 2023 28,867 59,307 16,654 104,828
Provided during the period 8,502 18,919 2,924 30,345
As at 31 March 2024 37,369 78,226 19,578 135,173
Net Book Value
As at 31 March 2024 12,630 87,734 8,091 108,455
As at 1 April 2023 16,078 51,697 7,610 75,385
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
4. Stocks
2024 2023
£ £
Stock 217,232 282,662
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 134,126 18,189
Prepayments and accrued income 6,555 6,555
Tax 55,706 128,699
196,387 153,443
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 18,195 25,847
Trade creditors 328,619 269,580
Bank loans and overdrafts - 40,708
Corporation tax 11,776 7,452
Other taxes and social security 14,171 9,498
VAT 61,415 96,071
Accruals and deferred income 3,150 3,150
Directors' loan accounts 7,576 5,452
444,902 457,758
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7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 5,267 5,733
Bank loans 39,342 23,823
44,609 29,556
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Ultimate Controlling Party
The Directors, Mr M Lawrence and Mr L Bickerdike, are the main shareholders and they controlled the company during the period.
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