Acorah Software Products - Accounts Production 16.1.200 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 10443394 Mr Peter Cripps Peter Cripps true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10443394 2023-10-31 10443394 2024-10-31 10443394 2023-11-01 2024-10-31 10443394 frs-core:CurrentFinancialInstruments 2024-10-31 10443394 frs-core:Non-currentFinancialInstruments 2024-10-31 10443394 frs-core:FurnitureFittings 2024-10-31 10443394 frs-core:FurnitureFittings 2023-11-01 2024-10-31 10443394 frs-core:FurnitureFittings 2023-10-31 10443394 frs-core:MotorVehicles 2024-10-31 10443394 frs-core:MotorVehicles 2023-11-01 2024-10-31 10443394 frs-core:MotorVehicles 2023-10-31 10443394 frs-core:PlantMachinery 2024-10-31 10443394 frs-core:PlantMachinery 2023-11-01 2024-10-31 10443394 frs-core:PlantMachinery 2023-10-31 10443394 frs-core:ShareCapital 2024-10-31 10443394 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 10443394 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 10443394 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 10443394 frs-bus:SmallEntities 2023-11-01 2024-10-31 10443394 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 10443394 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 10443394 1 2023-11-01 2024-10-31 10443394 frs-bus:Director1 2023-11-01 2024-10-31 10443394 frs-countries:EnglandWales 2023-11-01 2024-10-31 10443394 2022-10-31 10443394 2023-10-31 10443394 2022-11-01 2023-10-31 10443394 frs-core:CurrentFinancialInstruments 2023-10-31 10443394 frs-core:Non-currentFinancialInstruments 2023-10-31 10443394 frs-core:ShareCapital 2023-10-31 10443394 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 10443394
Cripps Plastering Services Limited
Financial Statements
For The Year Ended 31 October 2024
G Brown & Co Ltd
Accountants & Taxation Consultants
37a Wakefield Road
Tandem
Huddersfield
HD5 0AN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10443394
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 30,571 20,845
30,571 20,845
CURRENT ASSETS
Debtors 5 1,915 28,400
Cash at bank and in hand 62,790 57,727
64,705 86,127
Creditors: Amounts Falling Due Within One Year 6 (10,444 ) (13,380 )
NET CURRENT ASSETS (LIABILITIES) 54,261 72,747
TOTAL ASSETS LESS CURRENT LIABILITIES 84,832 93,592
Creditors: Amounts Falling Due After More Than One Year 7 (15,118 ) (22,005 )
NET ASSETS 69,714 71,587
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 69,713 71,586
SHAREHOLDERS' FUNDS 69,714 71,587
Page 1
Page 2
For the year ending 31 October 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 Peter Cripps
Director
12/12/2024
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
Cripps Plastering Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10443394 . The registered office is 37a Wakefield Road, Tandem, Huddersfield, HD5 0AN.
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 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:
Plant & Machinery 20% Reducing Balance
Motor Vehicles 20% Reducing Balance
Fixtures & Fittings 20% 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 November 2023 2,406 27,698 1,000 31,104
Additions 16,097 - - 16,097
As at 31 October 2024 18,503 27,698 1,000 47,201
Depreciation
As at 1 November 2023 2,252 7,335 672 10,259
Provided during the period 3,250 3,055 66 6,371
As at 31 October 2024 5,502 10,390 738 16,630
Net Book Value
As at 31 October 2024 13,001 17,308 262 30,571
As at 1 November 2023 154 20,363 328 20,845
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,324 15,343
Prepayments and accrued income 146 488
VAT - 1,719
Other taxes and social security 445 10,850
1,915 28,400
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 4,892 11,881
VAT 2,498 -
Accruals and deferred income 2,258 1,453
Director's loan account 796 46
10,444 13,380
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 15,118 22,005
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4
Page 5
9. Dividends
2024 2023
£ £
On equity shares:
Interim dividend paid 27,000 14,500
10. Ultimate Controlling Party
The company's ultimate controlling party is Peter Cripps by virtue of his ownership of 100% of the issued share capital in the company.
Page 5