Acorah Software Products - Accounts Production 16.0.110 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 07510994 Mr Kevin Anthony Kevin Anthony true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07510994 2023-01-31 07510994 2024-01-31 07510994 2023-02-01 2024-01-31 07510994 frs-core:Non-currentFinancialInstruments 2024-01-31 07510994 frs-core:ComputerEquipment 2023-02-01 2024-01-31 07510994 frs-core:MotorVehicles 2023-02-01 2024-01-31 07510994 frs-core:PlantMachinery 2023-02-01 2024-01-31 07510994 frs-core:ShareCapital 2024-01-31 07510994 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 07510994 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 07510994 frs-bus:AbridgedAccounts 2023-02-01 2024-01-31 07510994 frs-bus:SmallEntities 2023-02-01 2024-01-31 07510994 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 07510994 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 07510994 1 2023-02-01 2024-01-31 07510994 frs-bus:Director1 2023-02-01 2024-01-31 07510994 frs-countries:EnglandWales 2023-02-01 2024-01-31 07510994 2022-01-31 07510994 2023-01-31 07510994 2022-02-01 2023-01-31 07510994 frs-core:Non-currentFinancialInstruments 2023-01-31 07510994 frs-core:ShareCapital 2023-01-31 07510994 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 07510994
Kevin Anthony Construction Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 January 2024
Unaudited Financial Statements
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 07510994
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 206,293 161,083
206,293 161,083
CURRENT ASSETS
Debtors 21,014 103,996
Cash at bank and in hand 492,894 858,523
513,908 962,519
Creditors: Amounts Falling Due Within One Year (92,783 ) (248,368 )
NET CURRENT ASSETS (LIABILITIES) 421,125 714,151
TOTAL ASSETS LESS CURRENT LIABILITIES 627,418 875,234
Creditors: Amounts Falling Due After More Than One Year (12,750 ) (21,750 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (51,573 ) (36,815 )
NET ASSETS 563,095 816,669
CAPITAL AND RESERVES
Called up share capital 5 1 1
Profit and Loss Account 563,094 816,668
SHAREHOLDERS' FUNDS 563,095 816,669
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Page 2
For the year ending 31 January 2024 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 January 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Kevin Anthony
Director
31/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Kevin Anthony Construction Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07510994 . The registered office is Bassett House, 5 Southwell Park Road, Camberley, Surrey, GU15 3PU.
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 10% on reducing balance
Motor Vehicles 25% on reducing balance
Computer Equipment 25% on reducing balance
2.4. 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 year 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.
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 asset reflects 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: 1 (2023: 1)
1 1
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Page 4
4. Tangible Assets
Total
£
Cost
As at 1 February 2023 346,987
Additions 163,631
Disposals (107,000 )
As at 31 January 2024 403,618
Depreciation
As at 1 February 2023 185,904
Provided during the period 58,234
Disposals (46,813 )
As at 31 January 2024 197,325
Net Book Value
As at 31 January 2024 206,293
As at 1 February 2023 161,083
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
6. Ultimate Controlling Party
The company's ultimate controlling party is Kevin Anthony by virtue of his ownership of 100% of the issued share capital in the company.
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