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 05206830 Mrs Suzanne Baldwin Mr Shane Baldwin Mr Samuel Baldwin Mr Joseph Baldwin Mrs Suzanne Baldwin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05206830 2023-03-31 05206830 2024-03-31 05206830 2023-04-01 2024-03-31 05206830 frs-core:CurrentFinancialInstruments 2024-03-31 05206830 frs-core:Non-currentFinancialInstruments 2024-03-31 05206830 frs-core:BetweenOneFiveYears 2024-03-31 05206830 frs-core:ComputerEquipment 2024-03-31 05206830 frs-core:ComputerEquipment 2023-04-01 2024-03-31 05206830 frs-core:ComputerEquipment 2023-03-31 05206830 frs-core:FurnitureFittings 2024-03-31 05206830 frs-core:FurnitureFittings 2023-04-01 2024-03-31 05206830 frs-core:FurnitureFittings 2023-03-31 05206830 frs-core:NetGoodwill 2024-03-31 05206830 frs-core:NetGoodwill 2023-04-01 2024-03-31 05206830 frs-core:NetGoodwill 2023-03-31 05206830 frs-core:MotorVehicles 2024-03-31 05206830 frs-core:MotorVehicles 2023-04-01 2024-03-31 05206830 frs-core:MotorVehicles 2023-03-31 05206830 frs-core:PlantMachinery 2024-03-31 05206830 frs-core:PlantMachinery 2023-04-01 2024-03-31 05206830 frs-core:PlantMachinery 2023-03-31 05206830 frs-core:WithinOneYear 2024-03-31 05206830 frs-core:ShareCapital 2024-03-31 05206830 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 05206830 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05206830 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 05206830 frs-bus:SmallEntities 2023-04-01 2024-03-31 05206830 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 05206830 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 05206830 frs-bus:Director1 2023-04-01 2024-03-31 05206830 frs-bus:Director2 2023-04-01 2024-03-31 05206830 frs-bus:Director3 2023-04-01 2024-03-31 05206830 frs-bus:Director4 2023-04-01 2024-03-31 05206830 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 05206830 frs-countries:EnglandWales 2023-04-01 2024-03-31 05206830 2022-03-31 05206830 2023-03-31 05206830 2022-04-01 2023-03-31 05206830 frs-core:CurrentFinancialInstruments 2023-03-31 05206830 frs-core:Non-currentFinancialInstruments 2023-03-31 05206830 frs-core:BetweenOneFiveYears 2023-03-31 05206830 frs-core:WithinOneYear 2023-03-31 05206830 frs-core:ShareCapital 2023-03-31 05206830 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 05206830
Heritage Roofing Company (Oxford) Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05206830
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 3 5,400 6,300
Tangible Assets 4 114,103 79,510
119,503 85,810
CURRENT ASSETS
Debtors 5 115,700 69,231
Cash at bank and in hand 26,387 95,939
142,087 165,170
Creditors: Amounts Falling Due Within One Year 6 (121,068 ) (150,230 )
NET CURRENT ASSETS (LIABILITIES) 21,019 14,940
TOTAL ASSETS LESS CURRENT LIABILITIES 140,522 100,750
Creditors: Amounts Falling Due After More Than One Year 7 (63,200 ) (46,762 )
NET ASSETS 77,322 53,988
CAPITAL AND RESERVES
Called up share capital 9 200 200
Profit and Loss Account 77,122 53,788
SHAREHOLDERS' FUNDS 77,322 53,988
Page 1
Page 2
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
Mrs Suzanne Baldwin
Director
12/11/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
1.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on reducing balance
1.5. 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.
1.6. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 20 (2023: 13)
20 13
3. Intangible Assets
Goodwill
£
Cost
As at 1 April 2023 18,000
As at 31 March 2024 18,000
Amortisation
As at 1 April 2023 11,700
Provided during the period 900
As at 31 March 2024 12,600
...CONTINUED
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Page 4
Net Book Value
As at 31 March 2024 5,400
As at 1 April 2023 6,300
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2023 107,686 106,865 6,687 12,238 233,476
Additions 14,027 82,324 - 1,061 97,412
Disposals (4,900 ) (14,750 ) - - (19,650 )
As at 31 March 2024 116,813 174,439 6,687 13,299 311,238
Depreciation
As at 1 April 2023 56,662 83,926 4,875 8,503 153,966
Provided during the period 16,044 25,473 453 1,199 43,169
As at 31 March 2024 72,706 109,399 5,328 9,702 197,135
Net Book Value
As at 31 March 2024 44,107 65,040 1,359 3,597 114,103
As at 1 April 2023 51,024 22,939 1,812 3,735 79,510
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 58,866 5,723
VAT 13,361 -
Net wages 473 472
Directors' loan accounts 40,000 63,036
112,700 69,231
Due after more than one year
Other debtors 3,000 -
3,000 -
115,700 69,231
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 29,853 37,389
Trade creditors 72,764 57,378
Corporation tax 13,130 -
Other taxes and social security 2,920 26,283
VAT - 27,109
Other creditors 1,001 671
Accruals and deferred income 1,400 1,400
121,068 150,230
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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 40,811 14,373
Bank loans 22,389 32,389
63,200 46,762
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 29,853 37,389
Later than one year and not later than five years 40,811 14,373
70,664 51,762
70,664 51,762
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
10. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 71,682 31,000
71,682 31,000
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