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 02354880 Mr M A Slack Mrs M A Slack Mrs M A Slack iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02354880 2023-03-31 02354880 2024-03-31 02354880 2023-04-01 2024-03-31 02354880 frs-core:CurrentFinancialInstruments 2024-03-31 02354880 frs-core:ComputerEquipment 2024-03-31 02354880 frs-core:ComputerEquipment 2023-04-01 2024-03-31 02354880 frs-core:ComputerEquipment 2023-03-31 02354880 frs-core:FurnitureFittings 2024-03-31 02354880 frs-core:FurnitureFittings 2023-04-01 2024-03-31 02354880 frs-core:FurnitureFittings 2023-03-31 02354880 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 02354880 frs-core:MotorVehicles 2024-03-31 02354880 frs-core:MotorVehicles 2023-04-01 2024-03-31 02354880 frs-core:MotorVehicles 2023-03-31 02354880 frs-core:PlantMachinery 2024-03-31 02354880 frs-core:PlantMachinery 2023-04-01 2024-03-31 02354880 frs-core:PlantMachinery 2023-03-31 02354880 frs-core:ShareCapital 2024-03-31 02354880 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 02354880 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 02354880 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 02354880 frs-bus:SmallEntities 2023-04-01 2024-03-31 02354880 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 02354880 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 02354880 frs-core:ListedExchangeTraded 2024-03-31 02354880 frs-core:ListedExchangeTraded 2023-03-31 02354880 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-03-31 02354880 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2024-03-31 02354880 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-03-31 02354880 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-03-31 02354880 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-03-31 02354880 frs-bus:Director1 2023-04-01 2024-03-31 02354880 frs-bus:Director2 2023-04-01 2024-03-31 02354880 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 02354880 frs-core:CurrentFinancialInstruments 1 2024-03-31 02354880 frs-countries:EnglandWales 2023-04-01 2024-03-31 02354880 2022-03-31 02354880 2023-03-31 02354880 2022-04-01 2023-03-31 02354880 frs-core:CurrentFinancialInstruments 2023-03-31 02354880 frs-core:ShareCapital 2023-03-31 02354880 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 02354880 frs-core:CurrentFinancialInstruments 1 2023-03-31
Registered number: 02354880
Building Cosmetic Services Limited
Financial Statements
For The Year Ended 31 March 2024
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 02354880
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 17,209 13,232
Investments 4 242,324 167,324
259,533 180,556
CURRENT ASSETS
Stocks 5 1,785 1,690
Debtors 6 137,211 149,151
Cash at bank and in hand 202,331 368,248
341,327 519,089
Creditors: Amounts Falling Due Within One Year 7 (140,171 ) (238,391 )
NET CURRENT ASSETS (LIABILITIES) 201,156 280,698
TOTAL ASSETS LESS CURRENT LIABILITIES 460,689 461,254
NET ASSETS 460,689 461,254
CAPITAL AND RESERVES
Called up share capital 8 146 146
Profit and Loss Account 460,543 461,108
SHAREHOLDERS' FUNDS 460,689 461,254
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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 M A Slack
Director
22 November 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.
1.3. 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 No depreciation
Plant & Machinery 25% Straight line
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 25% Straight line
Computer Equipment 25% Straight line
1.4. 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.
1.5. 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. 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. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
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.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 17 (2023: 16)
17 16
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3. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2023 16,331 20,560 51,831 69,201 157,923
Additions - - 9,594 1,389 10,983
As at 31 March 2024 16,331 20,560 61,425 70,590 168,906
Depreciation
As at 1 April 2023 16,331 18,614 45,075 64,671 144,691
Provided during the period - 524 5,002 1,480 7,006
As at 31 March 2024 16,331 19,138 50,077 66,151 151,697
Net Book Value
As at 31 March 2024 - 1,422 11,348 4,439 17,209
As at 1 April 2023 - 1,946 6,756 4,530 13,232
4. Investments
Listed
£
Cost
As at 1 April 2023 167,324
Additions 75,000
As at 31 March 2024 242,324
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 242,324
As at 1 April 2023 167,324
5. Stocks
2024 2023
£ £
Stock 1,785 1,690
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 135,639 146,566
Other debtors - 2,585
VAT 1,572 -
137,211 149,151
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 6,059 20,149
Corporation tax 3,381 27,865
Other taxes and social security 7,964 7,130
VAT - 45,640
Other creditors 10,646 8,558
Overpayments by customers 16,234 16,234
Directors' loan accounts 95,887 112,815
140,171 238,391
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 146 146
9. Related Party Transactions
At the balance sheet date, the company owed the directors £95,887 (2023:£112,815). This amount is unsecured, interest free, with no fixed repayable date. 
10. General Information
Building Cosmetic Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02354880 . The registered office is 4 Portland Arcade, King's Street, Southwell, Nottinghamshire, NG25 0EH.
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