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 05145328 Mr S Parker-Clark Mrs E Parker-Clark iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05145328 2023-06-30 05145328 2024-06-30 05145328 2023-07-01 2024-06-30 05145328 frs-core:CurrentFinancialInstruments 2024-06-30 05145328 frs-core:PlantMachinery 2024-06-30 05145328 frs-core:PlantMachinery 2023-07-01 2024-06-30 05145328 frs-core:PlantMachinery 2023-06-30 05145328 frs-core:ShareCapital 2024-06-30 05145328 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 05145328 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 05145328 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 05145328 frs-bus:SmallEntities 2023-07-01 2024-06-30 05145328 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 05145328 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 05145328 frs-bus:Director1 2023-07-01 2024-06-30 05145328 frs-bus:Director2 2023-07-01 2024-06-30 05145328 frs-countries:EnglandWales 2023-07-01 2024-06-30 05145328 2022-06-30 05145328 2023-06-30 05145328 2022-07-01 2023-06-30 05145328 frs-core:CurrentFinancialInstruments 2023-06-30 05145328 frs-core:ShareCapital 2023-06-30 05145328 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 05145328
Cheshire Joinery Services Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05145328
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 72,605 87,605
72,605 87,605
CURRENT ASSETS
Stocks 5 22,298 23,889
Debtors 6 12,263 13,375
Cash at bank and in hand 41,773 64,237
76,334 101,501
Creditors: Amounts Falling Due Within One Year 7 (111,804 ) (128,585 )
NET CURRENT ASSETS (LIABILITIES) (35,470 ) (27,084 )
TOTAL ASSETS LESS CURRENT LIABILITIES 37,135 60,521
PROVISIONS FOR LIABILITIES
Deferred Taxation (13,795 ) (16,645 )
NET ASSETS 23,340 43,876
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 23,240 43,776
SHAREHOLDERS' FUNDS 23,340 43,876
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
Mr S Parker-Clark
Director
07/11/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Cheshire Joinery Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05145328 . The registered office is Unit 1b , Barrowmore Enterprise Estate Barnhouse Lane, Great Barrow, Cheshire, CH3 7JA.
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.
The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest £1.
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.
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 20% Reducing balance
2.4. 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.
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.
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: 22 (2023: 20)
22 20
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Page 4
4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 July 2023 248,834
As at 30 June 2024 248,834
Depreciation
As at 1 July 2023 161,229
Provided during the period 15,000
As at 30 June 2024 176,229
Net Book Value
As at 30 June 2024 72,605
As at 1 July 2023 87,605
5. Stocks
2024 2023
£ £
Stock 5,768 9,330
Work in progress 16,530 14,559
22,298 23,889
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 10,821 13,375
Other debtors 1,442 -
12,263 13,375
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 35,933 46,381
Bank loans and overdrafts 20,239 30,258
Other creditors 27,234 21,456
Taxation and social security 28,398 30,490
111,804 128,585
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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