Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 10596291 Mr Khushwant Nijjar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10596291 2023-02-28 10596291 2024-02-28 10596291 2023-03-01 2024-02-28 10596291 frs-core:CurrentFinancialInstruments 2024-02-28 10596291 frs-core:Non-currentFinancialInstruments 2024-02-28 10596291 frs-core:ComputerEquipment 2024-02-28 10596291 frs-core:ComputerEquipment 2023-03-01 2024-02-28 10596291 frs-core:ComputerEquipment 2023-02-28 10596291 frs-core:FurnitureFittings 2023-03-01 2024-02-28 10596291 frs-core:ShareCapital 2024-02-28 10596291 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 10596291 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 10596291 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 10596291 frs-bus:SmallEntities 2023-03-01 2024-02-28 10596291 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 10596291 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 10596291 frs-bus:Director1 2023-03-01 2024-02-28 10596291 frs-countries:EnglandWales 2023-03-01 2024-02-28 10596291 2022-02-28 10596291 2023-02-28 10596291 2022-03-01 2023-02-28 10596291 frs-core:CurrentFinancialInstruments 2023-02-28 10596291 frs-core:Non-currentFinancialInstruments 2023-02-28 10596291 frs-core:ShareCapital 2023-02-28 10596291 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 10596291
BEDSFORBUILDERS.COM LIMITED
Financial Statements
For The Year Ended 28 February 2024
Accountability PSM
Ballicom House
101 Lockhurst Lane
Coventry
CV6 5SF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10596291
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,300 2,300
2,300 2,300
CURRENT ASSETS
Debtors 5 54,981 54,981
Cash at bank and in hand 755 2,630
55,736 57,611
Creditors: Amounts Falling Due Within One Year 6 (38,351 ) (41,873 )
NET CURRENT ASSETS (LIABILITIES) 17,385 15,738
TOTAL ASSETS LESS CURRENT LIABILITIES 19,685 18,038
Creditors: Amounts Falling Due After More Than One Year 7 (8,919 ) (15,334 )
NET ASSETS 10,766 2,704
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 10,765 2,703
SHAREHOLDERS' FUNDS 10,766 2,704
Page 1
Page 2
For the year ending 28 February 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.
On behalf of the board
Mr Khushwant Nijjar
Director
18 November 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
BEDSFORBUILDERS.COM LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 10596291 . The registered office is 36 Montgomery Road, Whitnash, Leamington Spa, Warwickshire, CV31 2TG.
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:
Fixtures & Fittings 0
Computer Equipment 0
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 March 2023 2,300
As at 28 February 2024 2,300
...CONTINUED
Page 3
Page 4
Net Book Value
As at 28 February 2024 2,300
As at 1 March 2023 2,300
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 54,981 54,981
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - (1 )
Bank loans and overdrafts 37,525 41,048
Corporation tax 376 376
Accruals and deferred income 450 450
38,351 41,873
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Directors loan account 8,919 15,334
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4