Acorah Software Products - Accounts Production 16.1.200 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 11583976 Mr Steven Donaldson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11583976 2023-09-30 11583976 2024-09-30 11583976 2023-10-01 2024-09-30 11583976 frs-core:CurrentFinancialInstruments 2024-09-30 11583976 frs-core:MotorVehicles 2024-09-30 11583976 frs-core:MotorVehicles 2023-10-01 2024-09-30 11583976 frs-core:MotorVehicles 2023-09-30 11583976 frs-core:PlantMachinery 2024-09-30 11583976 frs-core:PlantMachinery 2023-10-01 2024-09-30 11583976 frs-core:PlantMachinery 2023-09-30 11583976 frs-core:ShareCapital 2024-09-30 11583976 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 11583976 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11583976 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 11583976 frs-bus:SmallEntities 2023-10-01 2024-09-30 11583976 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 11583976 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 11583976 frs-bus:Director1 2023-10-01 2024-09-30 11583976 frs-countries:EnglandWales 2023-10-01 2024-09-30 11583976 2022-09-30 11583976 2023-09-30 11583976 2022-10-01 2023-09-30 11583976 frs-core:CurrentFinancialInstruments 2023-09-30 11583976 frs-core:ShareCapital 2023-09-30 11583976 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 11583976
Steven Donaldson Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
North East Accountancy Solutions Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11583976
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,950 5,441
3,950 5,441
CURRENT ASSETS
Stocks 5 715 1,120
Debtors 6 11,849 9,967
Cash at bank and in hand 1,994 15,734
14,558 26,821
Creditors: Amounts Falling Due Within One Year 7 (4,550 ) (9,211 )
NET CURRENT ASSETS (LIABILITIES) 10,008 17,610
TOTAL ASSETS LESS CURRENT LIABILITIES 13,958 23,051
NET ASSETS 13,958 23,051
CAPITAL AND RESERVES
Called up share capital 8 120 120
Profit and Loss Account 13,838 22,931
SHAREHOLDERS' FUNDS 13,958 23,051
Page 1
Page 2
For the year ending 30 September 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 Steven Donaldson
Director
27/11/2024
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
Steven Donaldson Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11583976 . The registered office is Tower Buildings, 9 Oldgate, Morpeth, NE61 1PY.
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:
Plant & Machinery 20% Straight Line
Motor Vehicles 25% Reducing Balance
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 October 2023 1,748 10,899 12,647
As at 30 September 2024 1,748 10,899 12,647
Depreciation
As at 1 October 2023 1,136 6,070 7,206
Provided during the period 284 1,207 1,491
As at 30 September 2024 1,420 7,277 8,697
...CONTINUED
Page 3
Page 4
Net Book Value
As at 30 September 2024 328 3,622 3,950
As at 1 October 2023 612 4,829 5,441
5. Stocks
2024 2023
£ £
Work in progress 715 1,120
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 478 459
Other taxes and social security 11,371 8,686
Director's loan account - 822
11,849 9,967
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 2,814 7,519
Accruals and deferred income 1,722 1,692
Director's loan account 14 -
4,550 9,211
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 120 120
Page 4