Acorah Software Products - Accounts Production 16.1.200 false true 31 March 2023 1 April 2022 false 1 April 2023 3 May 2024 3 May 2024 07980158 Mr A J Potter Mr S Rock Mr A R Hawes C Fletcher Mr C J Erison C Erison Holdings Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07980158 2023-03-31 07980158 2024-05-03 07980158 2023-04-01 2024-05-03 07980158 frs-core:FurnitureFittings 2023-04-01 2024-05-03 07980158 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-01 2024-05-03 07980158 frs-core:MotorVehicles 2023-04-01 2024-05-03 07980158 frs-core:PlantMachinery 2023-04-01 2024-05-03 07980158 frs-core:ShareCapital 2024-05-03 07980158 frs-core:RetainedEarningsAccumulatedLosses 2024-05-03 07980158 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-05-03 07980158 frs-bus:AbridgedAccounts 2023-04-01 2024-05-03 07980158 frs-bus:SmallEntities 2023-04-01 2024-05-03 07980158 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-05-03 07980158 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-05-03 07980158 1 2023-04-01 2024-05-03 07980158 frs-bus:Director1 2023-04-01 2024-05-03 07980158 frs-bus:Director1 2023-03-31 07980158 frs-bus:Director1 2024-05-03 07980158 frs-bus:Director2 2023-04-01 2024-05-03 07980158 frs-bus:Director2 2023-03-31 07980158 frs-bus:Director2 2024-05-03 07980158 frs-bus:Director3 2023-04-01 2024-05-03 07980158 frs-bus:Director4 2023-04-01 2024-05-03 07980158 frs-bus:Director5 2023-04-01 2024-05-03 07980158 frs-countries:EnglandWales 2023-04-01 2024-05-03 07980158 2022-03-31 07980158 2023-03-31 07980158 2022-04-01 2023-03-31 07980158 frs-core:ShareCapital 2023-03-31 07980158 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 07980158
C Erison Shopfitting Ltd
Unaudited ABRIDGED Financial Statements
For the Period 1 April 2023 to 3 May 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 07980158
3 May 2024 31 March 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 47,257 63,786
47,257 63,786
CURRENT ASSETS
Stocks 558,659 -
Debtors 2,101,750 598,436
Cash at bank and in hand 1,286,453 1,775,952
3,946,862 2,374,388
Creditors: Amounts Falling Due Within One Year (2,175,343 ) (1,138,000 )
NET CURRENT ASSETS (LIABILITIES) 1,771,519 1,236,388
TOTAL ASSETS LESS CURRENT LIABILITIES 1,818,776 1,300,174
PROVISIONS FOR LIABILITIES
Deferred Taxation (7,347 ) (5,787 )
NET ASSETS 1,811,429 1,294,387
CAPITAL AND RESERVES
Called up share capital 5 2 2
Profit and Loss Account 1,811,427 1,294,385
SHAREHOLDERS' FUNDS 1,811,429 1,294,387
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For the period ending 3 May 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 3 May 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr A J Potter
Director
Mr C J Erison
Director
18 October 2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
C Erison Shopfitting Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07980158 . The registered office is Craven House, 4 Britannia Road, Sale, Cheshire, M33 2AA.
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:
Leasehold 10 years straight line
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 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.
2.5. 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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 12 (2023: 9)
12 9
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4. Tangible Assets
Total
£
Cost
As at 1 April 2023 266,367
Additions 26,066
Disposals (127,303 )
As at 3 May 2024 165,130
Depreciation
As at 1 April 2023 202,581
Provided during the period 19,266
Disposals (103,974 )
As at 3 May 2024 117,873
Net Book Value
As at 3 May 2024 47,257
As at 1 April 2023 63,786
5. Share Capital
3 May 2024 31 March 2023
£ £
Allotted, Called up and fully paid 2 2
6. Directors Advances, Credits and Guarantees
During the year the directors entered into the following advances and credits with the company: 
As at 1 April 2023 Amounts advanced Amounts repaid Amounts written off As at 3 May 2024
£ £ £ £ £
Mr Andrew Potter (18,941 ) - 18,941 - -
Mr Colin Erison 39,967 - 41,058 - 81,025
The above loans are interest free and repayable on demand.
7. Ultimate Controlling Party
The share capital of the company haas been wholly acquired by C Erison Holdings Limted on 3rd May 2024 therefore the ultimate controlling party is C Erison Holdings Limited
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