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 00652060 Mr Simon Buller Mrs Margaret Buller Mrs Margaret Buller iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00652060 2023-03-31 00652060 2024-03-31 00652060 2023-04-01 2024-03-31 00652060 frs-core:CurrentFinancialInstruments 2024-03-31 00652060 frs-core:ComputerEquipment 2024-03-31 00652060 frs-core:ComputerEquipment 2023-04-01 2024-03-31 00652060 frs-core:ComputerEquipment 2023-03-31 00652060 frs-core:FurnitureFittings 2024-03-31 00652060 frs-core:FurnitureFittings 2023-04-01 2024-03-31 00652060 frs-core:FurnitureFittings 2023-03-31 00652060 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 00652060 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 00652060 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-31 00652060 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 00652060 frs-core:PlantMachinery 2024-03-31 00652060 frs-core:PlantMachinery 2023-04-01 2024-03-31 00652060 frs-core:PlantMachinery 2023-03-31 00652060 frs-core:ShareCapital 2024-03-31 00652060 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 00652060 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 00652060 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 00652060 frs-bus:SmallEntities 2023-04-01 2024-03-31 00652060 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 00652060 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 00652060 frs-core:UnlistedNon-exchangeTraded 2024-03-31 00652060 frs-core:UnlistedNon-exchangeTraded 2023-03-31 00652060 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-03-31 00652060 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 00652060 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-31 00652060 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 00652060 frs-bus:Director1 2023-04-01 2024-03-31 00652060 frs-bus:Director2 2023-04-01 2024-03-31 00652060 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 00652060 frs-countries:EnglandWales 2023-04-01 2024-03-31 00652060 2022-03-31 00652060 2023-03-31 00652060 2022-04-01 2023-03-31 00652060 frs-core:CurrentFinancialInstruments 2023-03-31 00652060 frs-core:ShareCapital 2023-03-31 00652060 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 00652060
S. Buller Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Ian Clifton
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 00652060
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 28,642 20,891
Investments 5 47 47
28,689 20,938
CURRENT ASSETS
Debtors 6 - 1,011
Cash at bank and in hand 67,896 54,413
67,896 55,424
Creditors: Amounts Falling Due Within One Year 7 (40,474 ) (42,942 )
NET CURRENT ASSETS (LIABILITIES) 27,422 12,482
TOTAL ASSETS LESS CURRENT LIABILITIES 56,111 33,420
NET ASSETS 56,111 33,420
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 56,011 33,320
SHAREHOLDERS' FUNDS 56,111 33,420
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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 Simon Buller
Director
25/11/2024
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
S. Buller Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00652060 . The registered office is Hankham Hall Cottage, Pevensey, East Susses, BN24 5AH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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 stated at cost less depreciation. 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 0
Buildings 7.5% on reducing balance
Plant & Machinery 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 33% on reducing balance
2.4. 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 year 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 on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
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:
2024 2023
Office and administration 3 2
3 2
4. Tangible Assets
Land & Property
Buildings Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2023 100,648 11,168 30,655 1,763 144,234
Additions - 10,115 2,646 - 12,761
As at 31 March 2024 100,648 21,283 33,301 1,763 156,995
Depreciation
As at 1 April 2023 81,425 9,518 30,646 1,754 123,343
Provided during the period 1,402 2,941 664 3 5,010
As at 31 March 2024 82,827 12,459 31,310 1,757 128,353
Net Book Value
As at 31 March 2024 17,821 8,824 1,991 6 28,642
As at 1 April 2023 19,223 1,650 9 9 20,891
5. Investments
Unlisted
£
Cost
As at 1 April 2023 47
As at 31 March 2024 47
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 47
As at 1 April 2023 47
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 1,011
- 1,011
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 8,081 10,812
Corporation tax 3,296 4,387
Directors' loan accounts 29,097 27,743
40,474 42,942
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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