Acorah Software Products - Accounts Production 15.0.600 false true false 1 March 2023 29 February 2024 29 February 2024 14674933 Mr Charles Hedley Mr James Ang iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14674933 2023-02-28 14674933 2024-02-29 14674933 2023-03-01 2024-02-29 14674933 frs-core:CurrentFinancialInstruments 2024-02-29 14674933 frs-core:Non-currentFinancialInstruments 2024-02-29 14674933 frs-core:MotorVehicles 2024-02-29 14674933 frs-core:MotorVehicles 2023-03-01 2024-02-29 14674933 frs-core:MotorVehicles 2023-02-28 14674933 frs-core:PlantMachinery 2024-02-29 14674933 frs-core:PlantMachinery 2023-03-01 2024-02-29 14674933 frs-core:PlantMachinery 2023-02-28 14674933 frs-core:ShareCapital 2024-02-29 14674933 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 14674933 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 14674933 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 14674933 frs-bus:SmallEntities 2023-03-01 2024-02-29 14674933 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 14674933 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 14674933 frs-bus:Director1 2023-03-01 2024-02-29 14674933 frs-bus:Director1 2023-02-28 14674933 frs-bus:Director1 2024-02-29 14674933 frs-bus:Director2 2023-03-01 2024-02-29 14674933 frs-bus:Director2 2023-02-28 14674933 frs-bus:Director2 2024-02-29 14674933 frs-countries:EnglandWales 2023-03-01 2024-02-29
Registered number: 14674933
Angley Building Solutions Ltd
Unaudited Financial Statements
For The Year Ended 29 February 2024
Tax Data Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14674933
2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 15,273
15,273
CURRENT ASSETS
Debtors 5 59,982
Cash at bank and in hand 1,489
61,471
Creditors: Amounts Falling Due Within One Year 6 (54,802 )
NET CURRENT ASSETS (LIABILITIES) 6,669
TOTAL ASSETS LESS CURRENT LIABILITIES 21,942
Creditors: Amounts Falling Due After More Than One Year 7 (21,539 )
NET ASSETS 403
CAPITAL AND RESERVES
Called up share capital 8 2
Profit and Loss Account 401
SHAREHOLDERS' FUNDS 403
Page 1
Page 2
For the year ending 29 February 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 Charles Hedley
Director
30/10/2024
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
Angley Building Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14674933 . The registered office is 4 Marlpit Lane, Coulsdon, Surrey, CR5 2HA.
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% Reduce balance
Motor Vehicles 25% Reduce balance
2.4. Taxation
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 and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
2Average number of employees, including directors, during the year was: 2
2
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 March 2023 - - -
Additions 2,614 17,750 20,364
As at 29 February 2024 2,614 17,750 20,364
Depreciation
As at 1 March 2023 - - -
Provided during the period 653 4,438 5,091
As at 29 February 2024 653 4,438 5,091
...CONTINUED
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Net Book Value
As at 29 February 2024 1,961 13,312 15,273
As at 1 March 2023 - - -
5. Debtors
2024
£
Due within one year
Trade debtors (1,213 )
Other debtors 61,195
59,982
6. Creditors: Amounts Falling Due Within One Year
2024
£
Trade creditors 19,386
Taxation and social security 35,416
54,802
7. Creditors: Amounts Falling Due After More Than One Year
2024
£
Bank loans 21,539
8. Share Capital
2024
£
Allotted, Called up and fully paid 2
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 March 2023 Amounts advanced Amounts repaid Amounts written off As at 29 February 2024
£ £ £ £ £
Mr Charles Hedley - - - - 9,558
Mr James Ang - - - - 9,512
The above loan is unsecured, interest free and repayable on demand.
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