Acorah Software Products - Accounts Production 16.0.110 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 10367431 Mr David Stevens Miss Tina Stevens iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10367431 2023-09-30 10367431 2024-09-30 10367431 2023-10-01 2024-09-30 10367431 frs-core:CurrentFinancialInstruments 2024-09-30 10367431 frs-core:Non-currentFinancialInstruments 2024-09-30 10367431 frs-core:ComputerEquipment 2024-09-30 10367431 frs-core:ComputerEquipment 2023-10-01 2024-09-30 10367431 frs-core:ComputerEquipment 2023-09-30 10367431 frs-core:FurnitureFittings 2024-09-30 10367431 frs-core:FurnitureFittings 2023-10-01 2024-09-30 10367431 frs-core:FurnitureFittings 2023-09-30 10367431 frs-core:PlantMachinery 2024-09-30 10367431 frs-core:PlantMachinery 2023-10-01 2024-09-30 10367431 frs-core:PlantMachinery 2023-09-30 10367431 frs-core:ShareCapital 2024-09-30 10367431 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 10367431 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10367431 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 10367431 frs-bus:SmallEntities 2023-10-01 2024-09-30 10367431 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 10367431 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 10367431 frs-bus:Director1 2023-10-01 2024-09-30 10367431 frs-bus:Director2 2023-10-01 2024-09-30 10367431 frs-countries:EnglandWales 2023-10-01 2024-09-30 10367431 2022-09-30 10367431 2023-09-30 10367431 2022-10-01 2023-09-30 10367431 frs-core:CurrentFinancialInstruments 2023-09-30 10367431 frs-core:Non-currentFinancialInstruments 2023-09-30 10367431 frs-core:ShareCapital 2023-09-30 10367431 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 10367431
Comac Lighting Associates Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10367431
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 16,733 18,721
16,733 18,721
CURRENT ASSETS
Stocks 5 - 3,900
Debtors 6 25,459 7,225
Cash at bank and in hand 3,293 27,894
28,752 39,019
Creditors: Amounts Falling Due Within One Year 7 (36,959 ) (40,510 )
NET CURRENT ASSETS (LIABILITIES) (8,207 ) (1,491 )
TOTAL ASSETS LESS CURRENT LIABILITIES 8,526 17,230
Creditors: Amounts Falling Due After More Than One Year 8 (5,204 ) (15,204 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,658 ) (1,658 )
NET ASSETS 1,664 368
CAPITAL AND RESERVES
Called up share capital 9 103 103
Profit and Loss Account 1,561 265
SHAREHOLDERS' FUNDS 1,664 368
Page 1
Page 2
For the year ending 30 September 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 David Stevens
Director
27/11/2024
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
Comac Lighting Associates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10367431 . The registered office is Riddingtons, The Old Barn, Off wood street, Swanley , Kent, BR8 7PA.
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.
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 15% WDV
Fixtures & Fittings 15% WDV
Computer Equipment 15% WDV
2.4. 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.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
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.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current or deferred 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 3)
4 3
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 October 2023 29,122 6,243 7,393 42,758
Additions - - 965 965
As at 30 September 2024 29,122 6,243 8,358 43,723
Depreciation
As at 1 October 2023 19,453 1,220 3,364 24,037
Provided during the period 1,450 753 750 2,953
As at 30 September 2024 20,903 1,973 4,114 26,990
Net Book Value
As at 30 September 2024 8,219 4,270 4,244 16,733
As at 1 October 2023 9,669 5,023 4,029 18,721
5. Stocks
2024 2023
£ £
Work in progress - 3,900
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,720 2,496
Other debtors 37 37
Directors' loan accounts 18,702 4,692
25,459 7,225
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 266 267
Bank loans and overdrafts 10,000 10,000
Corporation tax 11,877 14,385
VAT 14,466 13,542
Other creditors 350 2,316
36,959 40,510
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 5,204 15,204
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 103 103
10. Related Party Transactions
Included in other creditors is an amount of £1,298 (£4,692 in 2023 in debtors), owed to the company director Mr D Stevens. This loan is interest free and no repayment terms have been agreed.
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