Acorah Software Products - Accounts Production 14.5.601 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 05036687 Mrs Mary West Mr Russell West Mrs Mary West iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05036687 2023-10-31 05036687 2024-10-31 05036687 2023-11-01 2024-10-31 05036687 frs-core:CurrentFinancialInstruments 2024-10-31 05036687 frs-core:ComputerEquipment 2024-10-31 05036687 frs-core:ComputerEquipment 2023-11-01 2024-10-31 05036687 frs-core:ComputerEquipment 2023-10-31 05036687 frs-core:NetGoodwill 2024-10-31 05036687 frs-core:NetGoodwill 2023-11-01 2024-10-31 05036687 frs-core:NetGoodwill 2023-10-31 05036687 frs-core:MotorVehicles 2024-10-31 05036687 frs-core:MotorVehicles 2023-11-01 2024-10-31 05036687 frs-core:MotorVehicles 2023-10-31 05036687 frs-core:PlantMachinery 2024-10-31 05036687 frs-core:PlantMachinery 2023-11-01 2024-10-31 05036687 frs-core:PlantMachinery 2023-10-31 05036687 frs-core:ShareCapital 2024-10-31 05036687 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 05036687 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 05036687 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 05036687 frs-bus:SmallEntities 2023-11-01 2024-10-31 05036687 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 05036687 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 05036687 frs-bus:Director1 2023-11-01 2024-10-31 05036687 frs-bus:Director2 2023-11-01 2024-10-31 05036687 frs-bus:CompanySecretary1 2023-11-01 2024-10-31 05036687 frs-countries:EnglandWales 2023-11-01 2024-10-31 05036687 2022-10-31 05036687 2023-10-31 05036687 2022-11-01 2023-10-31 05036687 frs-core:CurrentFinancialInstruments 2023-10-31 05036687 frs-core:ShareCapital 2023-10-31 05036687 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 05036687
Card Line (West Country) Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Anthony Smith and Co. Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05036687
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 39,169 39,169
Tangible Assets 5 3,999 3,805
43,168 42,974
CURRENT ASSETS
Stocks 6 9,880 9,880
Debtors 7 799 388
Cash at bank and in hand 15,220 21,059
25,899 31,327
Creditors: Amounts Falling Due Within One Year 8 (57,444 ) (55,687 )
NET CURRENT ASSETS (LIABILITIES) (31,545 ) (24,360 )
TOTAL ASSETS LESS CURRENT LIABILITIES 11,623 18,614
NET ASSETS 11,623 18,614
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 11,621 18,612
SHAREHOLDERS' FUNDS 11,623 18,614
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 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 Russell West
Director
03/01/2025
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
Card Line (West Country) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05036687 . The registered office is 38 Killams Crescent, Taunton, Somerset, TA1 3YB.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
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 10% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 15% reducing balance
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 2 2 (2023: 2)
2 2
Page 3
Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 November 2023 58,296
As at 31 October 2024 58,296
Amortisation
As at 1 November 2023 19,127
As at 31 October 2024 19,127
Net Book Value
As at 31 October 2024 39,169
As at 1 November 2023 39,169
5. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2023 13,576 6,495 1,329 21,400
Additions - - 773 773
As at 31 October 2024 13,576 6,495 2,102 22,173
Depreciation
As at 1 November 2023 10,893 5,845 857 17,595
Provided during the period 268 163 148 579
As at 31 October 2024 11,161 6,008 1,005 18,174
Net Book Value
As at 31 October 2024 2,415 487 1,097 3,999
As at 1 November 2023 2,683 650 472 3,805
6. Stocks
2024 2023
£ £
Finished goods 9,880 9,880
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 469 388
VAT 330 -
799 388
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax - (83 )
Other taxes and social security 179 178
VAT - 244
Accruals and deferred income 824 824
Directors' loan accounts 56,441 54,524
57,444 55,687
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 5