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 12515584 Mr L Haughey Mr C J Brock iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12515584 2023-03-31 12515584 2024-03-31 12515584 2023-04-01 2024-03-31 12515584 frs-core:CurrentFinancialInstruments 2024-03-31 12515584 frs-core:MotorVehicles 2023-04-01 2024-03-31 12515584 frs-core:PlantMachinery 2024-03-31 12515584 frs-core:PlantMachinery 2023-04-01 2024-03-31 12515584 frs-core:PlantMachinery 2023-03-31 12515584 frs-core:ShareCapital 2024-03-31 12515584 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 12515584 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12515584 frs-bus:AbridgedAccounts 2023-04-01 2024-03-31 12515584 frs-bus:SmallEntities 2023-04-01 2024-03-31 12515584 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 12515584 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 12515584 frs-bus:Director1 2023-04-01 2024-03-31 12515584 frs-bus:Director1 2023-03-31 12515584 frs-bus:Director1 2024-03-31 12515584 frs-bus:Director2 2023-04-01 2024-03-31 12515584 frs-bus:Director2 2023-03-31 12515584 frs-bus:Director2 2024-03-31 12515584 frs-countries:EnglandWales 2023-04-01 2024-03-31 12515584 2022-03-31 12515584 2023-03-31 12515584 2022-04-01 2023-03-31 12515584 frs-core:CurrentFinancialInstruments 2023-03-31 12515584 frs-core:ShareCapital 2023-03-31 12515584 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 12515584
Exteria Clean Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2024
Shelvoke, Pickering, Janney LLP
Chartered Certified Accountants
57 - 61 Market Place
Cannock
Staffordshire
WS11 1BP
Contents
Page
Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12515584
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,379 5,570
3,379 5,570
CURRENT ASSETS
Debtors 5 4,602 253
Cash at bank and in hand 791 3,178
5,393 3,431
Creditors: Amounts Falling Due Within One Year 6 (7,000 ) (7,072 )
NET CURRENT ASSETS (LIABILITIES) (1,607 ) (3,641 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,772 1,929
PROVISIONS FOR LIABILITIES
Deferred Taxation (845 ) (1,432 )
NET ASSETS 927 497
CAPITAL AND RESERVES
Called up share capital 7 20 20
Profit and Loss Account 907 477
SHAREHOLDERS' FUNDS 927 497
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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account for the year end 31 March 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr C J Brock
Director
7 November 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Exteria Clean Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12515584 . The registered office is 57-61 Market Place , Cannock, Staffordshire, WS11 1BP.
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.
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% on cost
Motor Vehicles 25% on cost
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 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.
...CONTINUED
Page 3
Page 4
2.4. Taxation - continued
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.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 April 2023 10,050
Additions 430
As at 31 March 2024 10,480
Depreciation
As at 1 April 2023 4,480
Provided during the period 2,621
As at 31 March 2024 7,101
Net Book Value
As at 31 March 2024 3,379
As at 1 April 2023 5,570
5. Debtors
2024 2023
£ £
Due within one year
Directors' loan accounts 4,602 253
Page 4
Page 5
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 5,501 5,438
Other taxes and social security - 169
Accruals and deferred income 1,499 1,099
Directors' loan accounts - 366
7,000 7,072
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 20 20
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2023 Amounts advanced Amounts repaid Amounts written off As at 31 March 2024
£ £ £ £ £
Mr Liam Haughey (366 ) 16,312 (13,541 ) - 2,405
Mr Christopher Brock 253 15,856 (13,912 ) - 2,197
The above loan was repaid with nine months of the year end and was interest free
Page 5