Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 8 February 2022 false 1 March 2023 29 February 2024 29 February 2024 13900137 Miss Sarah Lock Mr Charles Harding iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13900137 2023-02-28 13900137 2024-02-29 13900137 2023-03-01 2024-02-29 13900137 frs-core:CurrentFinancialInstruments 2024-02-29 13900137 frs-core:Non-currentFinancialInstruments 2024-02-29 13900137 frs-core:FurnitureFittings 2024-02-29 13900137 frs-core:FurnitureFittings 2023-03-01 2024-02-29 13900137 frs-core:FurnitureFittings 2023-02-28 13900137 frs-core:NetGoodwill 2024-02-29 13900137 frs-core:NetGoodwill 2023-03-01 2024-02-29 13900137 frs-core:NetGoodwill 2023-02-28 13900137 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-02-29 13900137 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-01 2024-02-29 13900137 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-02-28 13900137 frs-core:PlantMachinery 2024-02-29 13900137 frs-core:PlantMachinery 2023-03-01 2024-02-29 13900137 frs-core:PlantMachinery 2023-02-28 13900137 frs-core:ShareCapital 2024-02-29 13900137 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 13900137 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 13900137 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 13900137 frs-bus:SmallEntities 2023-03-01 2024-02-29 13900137 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 13900137 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 13900137 frs-bus:Director1 2023-03-01 2024-02-29 13900137 frs-bus:Director2 2023-03-01 2024-02-29 13900137 frs-countries:EnglandWales 2023-03-01 2024-02-29 13900137 2022-02-07 13900137 2023-02-28 13900137 2022-02-08 2023-02-28 13900137 frs-core:CurrentFinancialInstruments 2023-02-28 13900137 frs-core:Non-currentFinancialInstruments 2023-02-28 13900137 frs-core:ShareCapital 2023-02-28 13900137 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 13900137
The Customs House Plymouth Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13900137
29 February 2024 28 February 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 78,000 87,750
Tangible Assets 5 162,081 200,888
240,081 288,638
CURRENT ASSETS
Stocks 6 4,276 4,110
Debtors 7 5,128 10,467
Cash at bank and in hand 83,717 14,206
93,121 28,783
Creditors: Amounts Falling Due Within One Year 8 (436,044 ) (358,187 )
NET CURRENT ASSETS (LIABILITIES) (342,923 ) (329,404 )
TOTAL ASSETS LESS CURRENT LIABILITIES (102,842 ) (40,766 )
Creditors: Amounts Falling Due After More Than One Year 9 - (65,000 )
NET LIABILITIES (102,842 ) (105,766 )
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account (102,942 ) (105,866 )
SHAREHOLDERS' FUNDS (102,842) (105,766)
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
Miss Sarah Lock
Director
26/11/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
The Customs House Plymouth Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13900137 . The registered office is 3 Buckland House, William Prance Road, Plymouth, PL6 5WR.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. 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:
Leasehold 5 years straight line
Plant & Machinery 20% reducing balance
Fixtures & Fittings 20% reducing balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2023: 11)
9 11
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4. Intangible Assets
Goodwill
£
Cost
As at 1 March 2023 97,500
As at 29 February 2024 97,500
Amortisation
As at 1 March 2023 9,750
Provided during the period 9,750
As at 29 February 2024 19,500
Net Book Value
As at 29 February 2024 78,000
As at 1 March 2023 87,750
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 March 2023 40,842 203,067 6,307 250,216
Additions - - 3,564 3,564
As at 29 February 2024 40,842 203,067 9,871 253,780
Depreciation
As at 1 March 2023 8,168 40,474 686 49,328
Provided during the period 8,169 32,518 1,684 42,371
As at 29 February 2024 16,337 72,992 2,370 91,699
Net Book Value
As at 29 February 2024 24,505 130,075 7,501 162,081
As at 1 March 2023 32,674 162,593 5,621 200,888
6. Stocks
29 February 2024 28 February 2023
£ £
Stock 4,276 4,110
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7. Debtors
29 February 2024 28 February 2023
£ £
Due within one year
Trade debtors 3,255 10,467
Amounts owed by group undertakings 194 -
Other debtors 1,679 -
5,128 10,467
8. Creditors: Amounts Falling Due Within One Year
29 February 2024 28 February 2023
£ £
Trade creditors 6,920 17,075
Amounts owed to group undertakings 277,840 252,840
Other creditors 143,584 83,252
Taxation and social security 7,700 5,020
436,044 358,187
9. Creditors: Amounts Falling Due After More Than One Year
29 February 2024 28 February 2023
£ £
Other creditors - 65,000
10. Share Capital
29 February 2024 28 February 2023
£ £
Allotted, Called up and fully paid 100 100
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