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 06201927 Mr Robert James Dr Hefin Davies iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06201927 2023-03-31 06201927 2024-03-31 06201927 2023-04-01 2024-03-31 06201927 frs-core:CurrentFinancialInstruments 2024-03-31 06201927 frs-core:Non-currentFinancialInstruments 2024-03-31 06201927 frs-core:ComputerEquipment 2024-03-31 06201927 frs-core:ComputerEquipment 2023-04-01 2024-03-31 06201927 frs-core:ComputerEquipment 2023-03-31 06201927 frs-core:FurnitureFittings 2024-03-31 06201927 frs-core:FurnitureFittings 2023-04-01 2024-03-31 06201927 frs-core:FurnitureFittings 2023-03-31 06201927 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 06201927 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 06201927 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-31 06201927 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 06201927 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 06201927 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 06201927 frs-core:MotorVehicles 2023-04-01 2024-03-31 06201927 frs-core:PlantMachinery 2024-03-31 06201927 frs-core:PlantMachinery 2023-04-01 2024-03-31 06201927 frs-core:PlantMachinery 2023-03-31 06201927 frs-core:ShareCapital 2024-03-31 06201927 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 06201927 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06201927 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 06201927 frs-bus:SmallEntities 2023-04-01 2024-03-31 06201927 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06201927 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 06201927 frs-bus:Director1 2023-04-01 2024-03-31 06201927 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 06201927 frs-countries:EnglandWales 2023-04-01 2024-03-31 06201927 2022-03-31 06201927 2023-03-31 06201927 2022-04-01 2023-03-31 06201927 frs-core:CurrentFinancialInstruments 2023-03-31 06201927 frs-core:Non-currentFinancialInstruments 2023-03-31 06201927 frs-core:ShareCapital 2023-03-31 06201927 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 06201927
Caffi Beca Cyfyngedig
Financial Statements
For The Year Ended 31 March 2024
Pritchard & Co Incorporating J D Jones & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 06201927
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 177,022 8,341
177,022 8,341
CURRENT ASSETS
Stocks 5 200 200
Debtors 6 8,114 -
Cash at bank and in hand 44,756 182,610
53,070 182,810
Creditors: Amounts Falling Due Within One Year 7 (67,254 ) (41,432 )
NET CURRENT ASSETS (LIABILITIES) (14,184 ) 141,378
TOTAL ASSETS LESS CURRENT LIABILITIES 162,838 149,719
Creditors: Amounts Falling Due After More Than One Year 8 (33,946 ) (40,493 )
PROVISIONS FOR LIABILITIES
Provisions For Charges (35,000 ) (35,000 )
NET ASSETS 93,892 74,226
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 93,891 74,225
SHAREHOLDERS' FUNDS 93,892 74,226
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 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
Mr Robert James
Director
29/10/2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Caffi Beca Cyfyngedig is a private company, limited by shares, incorporated in England & Wales, registered number 06201927 . The registered office is Caffi Beca, Efailwen, Clynderwen, SA66 7UY.
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:
Freehold 0
Leasehold 10
Plant & Machinery 25
Motor Vehicles 25
Fixtures & Fittings 25
Computer Equipment 25
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.
Page 3
Page 4
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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 16 (2023: 12)
16 12
4. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Fixtures & Fittings
£ £ £ £
Cost
As at 1 April 2023 - 7,892 65,500 999
Additions 167,739 - 2,360 -
As at 31 March 2024 167,739 7,892 67,860 999
Depreciation
As at 1 April 2023 - 3,288 62,083 999
Provided during the period - 460 894 -
As at 31 March 2024 - 3,748 62,977 999
Net Book Value
As at 31 March 2024 167,739 4,144 4,883 -
As at 1 April 2023 - 4,604 3,417 -
Page 4
Page 5
Computer Equipment Total
£ £
Cost
As at 1 April 2023 759 75,150
Additions - 170,099
As at 31 March 2024 759 245,249
Depreciation
As at 1 April 2023 439 66,809
Provided during the period 64 1,418
As at 31 March 2024 503 68,227
Net Book Value
As at 31 March 2024 256 177,022
As at 1 April 2023 320 8,341
5. Stocks
2024 2023
£ £
Stock 200 200
6. Debtors
2024 2023
£ £
Due within one year
Due after more than one year
Other debtors 8,114 -
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 5,158 884
Other creditors 50,685 25,539
Taxation and social security 11,411 15,009
67,254 41,432
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 33,946 40,493
Page 5
Page 6
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 6