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 12304246 Mr Sean Bartley Mrs Kathleen Bartley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12304246 2023-03-31 12304246 2024-03-31 12304246 2023-04-01 2024-03-31 12304246 frs-core:PlantMachinery 2023-04-01 2024-03-31 12304246 frs-core:ShareCapital 2024-03-31 12304246 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 12304246 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12304246 frs-bus:AbridgedAccounts 2023-04-01 2024-03-31 12304246 frs-bus:SmallEntities 2023-04-01 2024-03-31 12304246 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 12304246 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 12304246 frs-bus:Director1 2023-04-01 2024-03-31 12304246 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 12304246 frs-countries:EnglandWales 2023-04-01 2024-03-31 12304246 2022-03-31 12304246 2023-03-31 12304246 2022-04-01 2023-03-31 12304246 frs-core:ShareCapital 2023-03-31 12304246 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 12304246
Reading Steelfixing Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2024
ATB Accounting Ltd
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 12304246
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 225 1,044
225 1,044
CURRENT ASSETS
Debtors 8,951 8,213
Cash at bank and in hand 5,032 14,824
13,983 23,037
Creditors: Amounts Falling Due Within One Year (17,308 ) (23,811 )
NET CURRENT ASSETS (LIABILITIES) (3,325 ) (774 )
TOTAL ASSETS LESS CURRENT LIABILITIES (3,100 ) 270
NET (LIABILITIES)/ASSETS (3,100 ) 270
CAPITAL AND RESERVES
Called up share capital 5 2 2
Profit and Loss Account (3,102 ) 268
SHAREHOLDERS' FUNDS (3,100) 270
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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Sean Bartley
Director
11/11/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Reading Steelfixing Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12304246 . The registered office is 7 Cutliff Close, Taunton, TA1 4XA.
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 rendering of services.
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% straight line
2.4. Taxation
Income tax expense represents the tax currently payable.
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 year 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 it related to items that are recognised in other comprehensive income or directly in equity, in which case, the current 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:
2024 2023
Office and administration 2 2
2 2
4. Tangible Assets
Total
£
Cost
As at 1 April 2023 3,275
As at 31 March 2024 3,275
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 April 2023 2,231
Provided during the period 819
As at 31 March 2024 3,050
Net Book Value
As at 31 March 2024 225
As at 1 April 2023 1,044
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
6. Directors Advances, Credits and Guarantees
Dividends paid to directors
2024 2023
£ £
Mr Sean Bartley - 2,000
7. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid - 4,000
Page 4