Acorah Software Products - Accounts Production 16.1.200 false true 5 April 2023 6 April 2022 false 6 April 2023 5 April 2024 5 April 2024 06125536 Mr Mark Forge Mrs Rebecca Forge iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06125536 2023-04-05 06125536 2024-04-05 06125536 2023-04-06 2024-04-05 06125536 frs-core:CurrentFinancialInstruments 2024-04-05 06125536 frs-core:ComputerEquipment 2024-04-05 06125536 frs-core:ComputerEquipment 2023-04-06 2024-04-05 06125536 frs-core:ComputerEquipment 2023-04-05 06125536 frs-core:NetGoodwill 2024-04-05 06125536 frs-core:NetGoodwill 2023-04-06 2024-04-05 06125536 frs-core:NetGoodwill 2023-04-05 06125536 frs-core:MotorVehicles 2024-04-05 06125536 frs-core:MotorVehicles 2023-04-06 2024-04-05 06125536 frs-core:MotorVehicles 2023-04-05 06125536 frs-core:PlantMachinery 2024-04-05 06125536 frs-core:PlantMachinery 2023-04-06 2024-04-05 06125536 frs-core:PlantMachinery 2023-04-05 06125536 frs-core:ShareCapital 2024-04-05 06125536 frs-core:RetainedEarningsAccumulatedLosses 2024-04-05 06125536 frs-bus:PrivateLimitedCompanyLtd 2023-04-06 2024-04-05 06125536 frs-bus:FilletedAccounts 2023-04-06 2024-04-05 06125536 frs-bus:SmallEntities 2023-04-06 2024-04-05 06125536 frs-bus:AuditExempt-NoAccountantsReport 2023-04-06 2024-04-05 06125536 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-06 2024-04-05 06125536 frs-bus:Director1 2023-04-06 2024-04-05 06125536 frs-bus:CompanySecretary1 2023-04-06 2024-04-05 06125536 frs-countries:EnglandWales 2023-04-06 2024-04-05 06125536 2022-04-05 06125536 2023-04-05 06125536 2022-04-06 2023-04-05 06125536 frs-core:CurrentFinancialInstruments 2023-04-05 06125536 frs-core:ShareCapital 2023-04-05 06125536 frs-core:RetainedEarningsAccumulatedLosses 2023-04-05
Registered number: 06125536
Able 4 Carpentry Limited
Unaudited Financial Statements
For The Year Ended 5 April 2024
Wye Accounting Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06125536
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 6,117 8,156
6,117 8,156
CURRENT ASSETS
Stocks 225 225
Debtors 6 16,111 10,427
Cash at bank and in hand 145,055 140,878
161,391 151,530
Creditors: Amounts Falling Due Within One Year 7 (21,241 ) (13,272 )
NET CURRENT ASSETS (LIABILITIES) 140,150 138,258
TOTAL ASSETS LESS CURRENT LIABILITIES 146,267 146,414
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,162 ) (1,550 )
NET ASSETS 145,105 144,864
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 145,005 144,764
SHAREHOLDERS' FUNDS 145,105 144,864
Page 1
Page 2
For the year ending 5 April 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 Mark Forge
Director
23/12/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Able 4 Carpentry Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06125536 . The registered office is 6 High Street, Castor, Peterborough, PE5 7BB.
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.
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 represents the excess of the cost of acquisition of unincorporated businesses over the fair value of 
net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less 
accumulated amortisation and accumulated impairment losses
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:
Plant & Machinery 25% on reducing balance
Motor Vehicles 25% on reducing balance
Computer Equipment 25% on reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale 
proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
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.
2.6. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 
‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. 
Financial instruments are recognised in the company's balance sheet when the company becomes party to 
the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when 
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a 
net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at 
transaction price including transaction costs and are subsequently carried at amortised cost using the 
effective interest method unless the arrangement constitutes a financing transaction, where the transaction is 
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets 
classified as receivable within one year are not amortised.
Classification of financial liabilities
...CONTINUED
Page 3
Page 4
2.6. Financial Instruments - continued
Financial liabilities and equity instruments are classified according to the substance of the contractual 
arrangements entered into. An equity instrument is any contract that evidences a residual interest in the 
assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference 
shares that are classified as debt, are initially recognised at transaction price unless the arrangement 
constitutes a financing transaction, where the debt instrument is measured at the present value of the future 
payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are 
not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of 
business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year 
or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at 
transaction price and subsequently measured at amortised cost using the effective interest method.
2.7. 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 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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
      Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Intangible Assets
Goodwill
£
Cost
As at 6 April 2023 50,000
As at 5 April 2024 50,000
Amortisation
As at 6 April 2023 50,000
As at 5 April 2024 50,000
Net Book Value
As at 5 April 2024 -
As at 6 April 2023 -
Page 4
Page 5
5. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 6 April 2023 5,123 17,940 1,566 24,629
As at 5 April 2024 5,123 17,940 1,566 24,629
Depreciation
As at 6 April 2023 3,598 11,949 926 16,473
Provided during the period 381 1,498 160 2,039
As at 5 April 2024 3,979 13,447 1,086 18,512
Net Book Value
As at 5 April 2024 1,144 4,493 480 6,117
As at 6 April 2023 1,525 5,991 640 8,156
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,289 549
Other debtors 13,822 9,878
16,111 10,427
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 272
Other creditors 10,500 2,055
Taxation and social security 10,741 10,945
21,241 13,272
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Directors' transactions
At the year end the company owed the director £8,378 (2023 £115). This loan is unsecured, interest free 
and repayable on demand.
Page 5