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 09137613 Mr Kevin Green Mrs Beverley Anne Green Mrs Beverley Anne Green iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09137613 2023-03-31 09137613 2024-03-31 09137613 2023-04-01 2024-03-31 09137613 frs-core:CurrentFinancialInstruments 2024-03-31 09137613 frs-core:Non-currentFinancialInstruments 2024-03-31 09137613 frs-core:BetweenOneFiveYears 2024-03-31 09137613 frs-core:ComputerEquipment 2024-03-31 09137613 frs-core:ComputerEquipment 2023-04-01 2024-03-31 09137613 frs-core:ComputerEquipment 2023-03-31 09137613 frs-core:MotorVehicles 2024-03-31 09137613 frs-core:MotorVehicles 2023-04-01 2024-03-31 09137613 frs-core:MotorVehicles 2023-03-31 09137613 frs-core:PlantMachinery 2024-03-31 09137613 frs-core:PlantMachinery 2023-04-01 2024-03-31 09137613 frs-core:PlantMachinery 2023-03-31 09137613 frs-core:ShareCapital 2024-03-31 09137613 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09137613 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09137613 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 09137613 frs-bus:SmallEntities 2023-04-01 2024-03-31 09137613 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09137613 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09137613 frs-bus:Director1 2023-04-01 2024-03-31 09137613 frs-bus:Director2 2023-04-01 2024-03-31 09137613 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 09137613 frs-countries:EnglandWales 2023-04-01 2024-03-31 09137613 2022-03-31 09137613 2023-03-31 09137613 2022-04-01 2023-03-31 09137613 frs-core:CurrentFinancialInstruments 2023-03-31 09137613 frs-core:Non-currentFinancialInstruments 2023-03-31 09137613 frs-core:BetweenOneFiveYears 2023-03-31 09137613 frs-core:ShareCapital 2023-03-31 09137613 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 09137613
N W Stevedores Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Swift Refunds Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09137613
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 196,366 238,599
196,366 238,599
CURRENT ASSETS
Cash at bank and in hand 19,410 33,972
19,410 33,972
Creditors: Amounts Falling Due Within One Year 6 (116,021 ) (81,568 )
NET CURRENT ASSETS (LIABILITIES) (96,611 ) (47,596 )
TOTAL ASSETS LESS CURRENT LIABILITIES 99,755 191,003
Creditors: Amounts Falling Due After More Than One Year 7 (145,899 ) (184,697 )
NET (LIABILITIES)/ASSETS (46,144 ) 6,306
CAPITAL AND RESERVES
Called up share capital 9 20 20
Profit and Loss Account (46,164 ) 6,286
SHAREHOLDERS' FUNDS (46,144) 6,306
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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
Mr Kevin Green
Director
20/11/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
N W Stevedores Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09137613 . The registered office is 6 Falcons Way, Hallwood Park, WA7 2FF.
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:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 25% reducing balance
2.4. 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.
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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 Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 287,627 104,884 666 393,177
Additions 7,271 15,950 - 23,221
As at 31 March 2024 294,898 120,834 666 416,398
Depreciation
As at 1 April 2023 94,101 60,435 42 154,578
Provided during the period 50,199 15,099 156 65,454
As at 31 March 2024 144,300 75,534 198 220,032
Net Book Value
As at 31 March 2024 150,598 45,300 468 196,366
As at 1 April 2023 193,526 44,449 624 238,599
5. Debtors
2024 2023
£ £
Due within one year
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 49,517 26,772
VAT 14,123 14,187
Directors' loan accounts 52,381 40,609
116,021 81,568
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 126,630 159,220
Bank loans 19,269 25,477
145,899 184,697
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8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years 126,630 159,220
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 20 20
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