Acorah Software Products - Accounts Production 16.0.110 false true true 30 April 2022 1 May 2021 false 1 May 2022 31 October 2023 31 October 2023 11299763 Mr James Young iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11299763 2022-04-30 11299763 2023-10-31 11299763 2022-05-01 2023-10-31 11299763 frs-core:CurrentFinancialInstruments 2023-10-31 11299763 frs-core:ComputerEquipment 2023-10-31 11299763 frs-core:ComputerEquipment 2022-05-01 2023-10-31 11299763 frs-core:ComputerEquipment 2022-04-30 11299763 frs-core:FurnitureFittings 2023-10-31 11299763 frs-core:FurnitureFittings 2022-05-01 2023-10-31 11299763 frs-core:FurnitureFittings 2022-04-30 11299763 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-31 11299763 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-05-01 2023-10-31 11299763 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-04-30 11299763 frs-core:MotorVehicles 2023-10-31 11299763 frs-core:MotorVehicles 2022-05-01 2023-10-31 11299763 frs-core:MotorVehicles 2022-04-30 11299763 frs-core:PlantMachinery 2023-10-31 11299763 frs-core:PlantMachinery 2022-05-01 2023-10-31 11299763 frs-core:PlantMachinery 2022-04-30 11299763 frs-core:ShareCapital 2023-10-31 11299763 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 11299763 frs-bus:PrivateLimitedCompanyLtd 2022-05-01 2023-10-31 11299763 frs-bus:FilletedAccounts 2022-05-01 2023-10-31 11299763 frs-bus:SmallEntities 2022-05-01 2023-10-31 11299763 frs-bus:AuditExempt-NoAccountantsReport 2022-05-01 2023-10-31 11299763 frs-bus:SmallCompaniesRegimeForAccounts 2022-05-01 2023-10-31 11299763 frs-bus:OrdinaryShareClass1 2022-05-01 2023-10-31 11299763 frs-bus:OrdinaryShareClass1 2023-10-31 11299763 frs-bus:Director1 2022-05-01 2023-10-31 11299763 frs-countries:EnglandWales 2022-05-01 2023-10-31 11299763 2021-04-30 11299763 2022-04-30 11299763 2021-05-01 2022-04-30 11299763 frs-core:CurrentFinancialInstruments 2022-04-30 11299763 frs-core:ShareCapital 2022-04-30 11299763 frs-core:RetainedEarningsAccumulatedLosses 2022-04-30 11299763 frs-bus:OrdinaryShareClass1 2021-05-01 2022-04-30
Registered number: 11299763
Anglian Gilt Producers Limited
Unaudited Financial Statements
For the Period 1 May 2022 to 31 October 2023
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—5
Page 1
Balance Sheet
Registered number: 11299763
31 October 2023 30 April 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 187,189 195,122
187,189 195,122
CURRENT ASSETS
Debtors 5 (7,133 ) 956
Cash at bank and in hand 31,823 44,880
24,690 45,836
Creditors: Amounts Falling Due Within One Year 6 (250,737 ) (274,127 )
NET CURRENT ASSETS (LIABILITIES) (226,047 ) (228,291 )
TOTAL ASSETS LESS CURRENT LIABILITIES (38,858 ) (33,169 )
NET LIABILITIES (38,858 ) (33,169 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (38,958 ) (33,269 )
SHAREHOLDERS' FUNDS (38,858) (33,169)
For the period ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The financial statements were approved by the board of directors on 30 October 2024 and were signed on its behalf by:
Mr James Young
Director
30 October 2024
The notes on pages 2 to 5 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Anglian Gilt Producers Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11299763 . The registered office is 1 Old Park Farm, Letheringham, Woodbridge, IP13 0LZ.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Significant judgements and estimations
In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
2.4. 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.
2.5. 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:
Freehold 2% on cost
Plant & Machinery 20% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 20% reducing balance
Computer Equipment 20% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
2.6. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
Page 2
Page 3
2.7. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. 
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
2.8. Employee Benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock of fixed assets.
2.9. Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1 (2022: 1)
1 1
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 May 2022 164,247 3,569 21,000 29,759
As at 31 October 2023 164,247 3,569 21,000 29,759
Depreciation
As at 1 May 2022 - 714 12,141 10,841
Provided during the period 1,314 571 2,215 3,784
As at 31 October 2023 1,314 1,285 14,356 14,625
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 October 2023 162,933 2,284 6,644 15,134
As at 1 May 2022 164,247 2,855 8,859 18,918
Computer Equipment Total
£ £
Cost
As at 1 May 2022 475 219,050
As at 31 October 2023 475 219,050
Depreciation
As at 1 May 2022 232 23,928
Provided during the period 49 7,933
As at 31 October 2023 281 31,861
Net Book Value
As at 31 October 2023 194 187,189
As at 1 May 2022 243 195,122
5. Debtors
31 October 2023 30 April 2022
£ £
Due within one year
Trade debtors (7,414 ) 956
Prepayments and accrued income 281 -
(7,133 ) 956
6. Creditors: Amounts Falling Due Within One Year
31 October 2023 30 April 2022
£ £
Trade creditors 563 4,661
Other creditors 25,000 33,000
Accruals and deferred income 3,000 10,768
Director's loan account 79,870 115,601
Amounts owed to related parties 142,304 110,097
250,737 274,127
7. Share Capital
31 October 2023 30 April 2022
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
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Page 5
8. Related Party Disclosures
Petmonkey limited (CRN 11301028 )Company under common control of the directorsLoans were paid and received from this company for commercial reasons and the balance owed at year end was £ 36.792.27

Petmonkey limited (CRN 11301028 )

Company under common control of the directors

Loans were paid and received from this company for commercial reasons and the balance owed at year end was £ 36.792.27

Ridgebacks international limited (CRN 09766739 )Company under common control of the directorsLoans were paid and received from this company for commercial reasons and the balance owed at year end was £ 29,000

Ridgebacks international limited (CRN 09766739 )

Company under common control of the directors

Loans were paid and received from this company for commercial reasons and the balance owed at year end was £ 29,000

Buggybaby limited (CRN 10806893 )Company under common control of the directorsLoans were paid and received from this company for commercial reasons and the balance due at year end was £ 76,512.08

Buggybaby limited (CRN 10806893 )

Company under common control of the directors

Loans were paid and received from this company for commercial reasons and the balance due at year end was £ 76,512.08

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