Acorah Software Products - Accounts Production 16.0.110 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 00983432 Mr A J Baybutt Mrs G Horner Mrs G Horner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00983432 2023-04-30 00983432 2024-04-30 00983432 2023-05-01 2024-04-30 00983432 frs-core:CurrentFinancialInstruments 2024-04-30 00983432 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 00983432 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 00983432 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 00983432 frs-core:MotorVehicles 2023-05-01 2024-04-30 00983432 frs-core:PlantMachinery 2024-04-30 00983432 frs-core:PlantMachinery 2023-05-01 2024-04-30 00983432 frs-core:PlantMachinery 2023-04-30 00983432 frs-core:RevaluationReserve 2024-04-30 00983432 frs-core:ShareCapital 2024-04-30 00983432 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 00983432 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 00983432 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 00983432 frs-bus:SmallEntities 2023-05-01 2024-04-30 00983432 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 00983432 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 00983432 frs-bus:Director1 2023-05-01 2024-04-30 00983432 frs-bus:Director2 2023-05-01 2024-04-30 00983432 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 00983432 frs-countries:EnglandWales 2023-05-01 2024-04-30 00983432 2022-04-30 00983432 2023-04-30 00983432 2022-05-01 2023-04-30 00983432 frs-core:CurrentFinancialInstruments 2023-04-30 00983432 frs-core:RevaluationReserve 2023-04-30 00983432 frs-core:ShareCapital 2023-04-30 00983432 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 00983432
W.Baybutt(Burscough)Limited
Financial Statements
For The Year Ended 30 April 2024
Stubbs Parkin
55 Hoghton Street
Southport
Merseyside
PR9 0PG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 00983432
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 430,767 463,354
Investment Properties 5 4,592,681 3,784,472
5,023,448 4,247,826
CURRENT ASSETS
Debtors 6 246,919 245,628
Investments 7 156,650 156,650
Cash at bank and in hand 2,004,345 2,421,100
2,407,914 2,823,378
Creditors: Amounts Falling Due Within One Year 8 (1,180,958 ) (1,142,422 )
NET CURRENT ASSETS (LIABILITIES) 1,226,956 1,680,956
TOTAL ASSETS LESS CURRENT LIABILITIES 6,250,404 5,928,782
PROVISIONS FOR LIABILITIES
Provision for liabilities (253,784 ) (245,652 )
NET ASSETS 5,996,620 5,683,130
CAPITAL AND RESERVES
Called up share capital 9 300 300
Revaluation reserve 589,094 589,094
Profit and Loss Account 5,407,226 5,093,736
SHAREHOLDERS' FUNDS 5,996,620 5,683,130
Page 1
Page 2
For the year ending 30 April 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 A J Baybutt
Director
8th November 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
W.Baybutt(Burscough)Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00983432 . The registered office is 49 Moss Lane, Burscough, Ormskirk, Lancashire, L40 4AL. The company's functional and presentational currency is GBP and no level of rounding has been used in the preparation of the financial statements.
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 comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities
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 2% straight line basis
Plant & Machinery 25% reducing balance basis
Motor Vehicles 25% reducing balance basis
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Taxation
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost or Valuation
As at 1 May 2023 1,207,253 202,281 1,409,534
Additions - 1,041 1,041
As at 30 April 2024 1,207,253 203,322 1,410,575
Depreciation
As at 1 May 2023 791,496 154,684 946,180
Provided during the period 24,145 9,483 33,628
As at 30 April 2024 815,641 164,167 979,808
Net Book Value
As at 30 April 2024 391,612 39,155 430,767
As at 1 May 2023 415,757 47,597 463,354
5. Investment Property
2024
£
Fair Value
As at 1 May 2023 3,784,472
Additions 771,209
Fair value adjustments 37,000
As at 30 April 2024 4,592,681
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 140,361 144,890
Other debtors 106,558 100,738
246,919 245,628
7. Current Asset Investments
2024 2023
£ £
Shares in subsidiaries 156,650 156,650
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 99,934 97,794
Amounts owed to group undertakings 904,359 904,359
Other creditors 14,495 13,659
Taxation and social security 162,170 126,610
1,180,958 1,142,422
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 300 300
Page 5