Acorah Software Products - Accounts Production 16.0.110 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 12679212 Stephen Elliott iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12679212 2023-06-30 12679212 2024-06-30 12679212 2023-07-01 2024-06-30 12679212 frs-core:CurrentFinancialInstruments 2024-06-30 12679212 frs-core:Non-currentFinancialInstruments 2024-06-30 12679212 frs-core:BetweenOneFiveYears 2024-06-30 12679212 frs-core:MotorVehicles 2024-06-30 12679212 frs-core:MotorVehicles 2023-07-01 2024-06-30 12679212 frs-core:MotorVehicles 2023-06-30 12679212 frs-core:PlantMachinery 2024-06-30 12679212 frs-core:PlantMachinery 2023-07-01 2024-06-30 12679212 frs-core:PlantMachinery 2023-06-30 12679212 frs-core:WithinOneYear 2024-06-30 12679212 frs-core:ShareCapital 2024-06-30 12679212 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 12679212 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12679212 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 12679212 frs-bus:SmallEntities 2023-07-01 2024-06-30 12679212 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 12679212 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 12679212 frs-bus:Director1 2023-07-01 2024-06-30 12679212 frs-core:CurrentFinancialInstruments 1 2024-06-30 12679212 frs-countries:EnglandWales 2023-07-01 2024-06-30 12679212 2022-06-30 12679212 2023-06-30 12679212 2022-07-01 2023-06-30 12679212 frs-core:CurrentFinancialInstruments 2023-06-30 12679212 frs-core:Non-currentFinancialInstruments 2023-06-30 12679212 frs-core:BetweenOneFiveYears 2023-06-30 12679212 frs-core:WithinOneYear 2023-06-30 12679212 frs-core:ShareCapital 2023-06-30 12679212 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 12679212 frs-core:CurrentFinancialInstruments 1 2023-06-30
Registered number: 12679212
Elliott Developments SW Ltd
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: 12679212
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 82,903 51,771
82,903 51,771
CURRENT ASSETS
Debtors 5 107,053 25,013
Cash at bank and in hand 41,394 20,970
148,447 45,983
Creditors: Amounts Falling Due Within One Year 6 (110,697 ) (38,783 )
NET CURRENT ASSETS (LIABILITIES) 37,750 7,200
TOTAL ASSETS LESS CURRENT LIABILITIES 120,653 58,971
Creditors: Amounts Falling Due After More Than One Year 7 (64,630 ) (41,866 )
NET ASSETS 56,023 17,105
CAPITAL AND RESERVES
Called up share capital 9 204 204
Profit and Loss Account 55,819 16,901
SHAREHOLDERS' FUNDS 56,023 17,105
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 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.
On behalf of the board
Stephen Elliott
Director
7 November 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
Elliott Developments SW Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12679212 . The registered office is 3 Stoke Damerell Business Centre, 5 Church Street, Plymouth, PL3 4DT.
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.
Page 3
Page 4
2.5. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
Current 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 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: 3)
3 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 July 2023 - 55,500 55,500
Additions 3,285 46,212 49,497
As at 30 June 2024 3,285 101,712 104,997
Depreciation
As at 1 July 2023 - 3,729 3,729
Provided during the period 639 17,726 18,365
As at 30 June 2024 639 21,455 22,094
Net Book Value
As at 30 June 2024 2,646 80,257 82,903
As at 1 July 2023 - 51,771 51,771
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 67,538 -
Elliott Homes SW Ltd intercompany 39,515 25,013
107,053 25,013
Page 4
Page 5
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 17,402 10,739
Trade creditors 8,259 729
Corporation tax 62,527 17,798
Other taxes and social security 3,307 1,522
VAT 17,039 1,821
Accruals and deferred income 1,846 1,396
Director's loan account 317 4,778
110,697 38,783
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 64,630 41,866
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 17,402 10,739
Later than one year and not later than five years 64,630 41,866
82,032 52,605
82,032 52,605
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 204 204
Page 5