Acorah Software Products - Accounts Production 16.1.300 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 06485037 Mr Steven Catterall Ms Jennifer Catterall Mrs Rachel Hughes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06485037 2023-09-30 06485037 2024-09-30 06485037 2023-10-01 2024-09-30 06485037 frs-core:CurrentFinancialInstruments 2024-09-30 06485037 frs-core:Non-currentFinancialInstruments 2024-09-30 06485037 frs-core:BetweenOneFiveYears 2024-09-30 06485037 frs-core:ComputerEquipment 2024-09-30 06485037 frs-core:ComputerEquipment 2023-10-01 2024-09-30 06485037 frs-core:ComputerEquipment 2023-09-30 06485037 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-09-30 06485037 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-09-30 06485037 frs-core:FurnitureFittings 2024-09-30 06485037 frs-core:FurnitureFittings 2023-10-01 2024-09-30 06485037 frs-core:FurnitureFittings 2023-09-30 06485037 frs-core:NetGoodwill 2024-09-30 06485037 frs-core:NetGoodwill 2023-10-01 2024-09-30 06485037 frs-core:NetGoodwill 2023-09-30 06485037 frs-core:MotorVehicles 2024-09-30 06485037 frs-core:MotorVehicles 2023-10-01 2024-09-30 06485037 frs-core:MotorVehicles 2023-09-30 06485037 frs-core:WithinOneYear 2024-09-30 06485037 frs-core:ShareCapital 2024-09-30 06485037 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 06485037 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 06485037 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 06485037 frs-bus:SmallEntities 2023-10-01 2024-09-30 06485037 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 06485037 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 06485037 frs-bus:OrdinaryShareClass1 2023-10-01 2024-09-30 06485037 frs-bus:OrdinaryShareClass1 2024-09-30 06485037 frs-bus:OrdinaryShareClass2 2023-10-01 2024-09-30 06485037 frs-bus:OrdinaryShareClass2 2024-09-30 06485037 frs-bus:OrdinaryShareClass3 2023-10-01 2024-09-30 06485037 frs-bus:OrdinaryShareClass3 2024-09-30 06485037 frs-bus:Director1 2023-10-01 2024-09-30 06485037 frs-bus:Director2 2023-10-01 2024-09-30 06485037 frs-bus:Director3 2023-10-01 2024-09-30 06485037 frs-core:CurrentFinancialInstruments 1 2024-09-30 06485037 frs-countries:EnglandWales 2023-10-01 2024-09-30 06485037 2022-09-30 06485037 2023-09-30 06485037 2022-10-01 2023-09-30 06485037 frs-core:CurrentFinancialInstruments 2023-09-30 06485037 frs-core:Non-currentFinancialInstruments 2023-09-30 06485037 frs-core:BetweenOneFiveYears 2023-09-30 06485037 frs-core:MotorVehicles 2022-10-01 2023-09-30 06485037 frs-core:WithinOneYear 2023-09-30 06485037 frs-core:ShareCapital 2023-09-30 06485037 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 06485037 frs-bus:OrdinaryShareClass1 2022-10-01 2023-09-30 06485037 frs-bus:OrdinaryShareClass2 2022-10-01 2023-09-30 06485037 frs-bus:OrdinaryShareClass3 2022-10-01 2023-09-30 06485037 frs-core:CurrentFinancialInstruments 1 2023-09-30
Registered number: 06485037
S.Catterall Limited
Financial Statements
For The Year Ended 30 September 2024
Charles & Co.
Chartered Accountants
Suite 15, Highfield House
185 Chorley New Road
Bolton
BL1 4QZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 06485037
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 72,738 65,508
72,738 65,508
CURRENT ASSETS
Stocks 6 139,930 223,171
Debtors 7 343,458 458,504
Cash at bank and in hand 406,992 185,036
890,380 866,711
Creditors: Amounts Falling Due Within One Year 8 (376,620 ) (437,636 )
NET CURRENT ASSETS (LIABILITIES) 513,760 429,075
TOTAL ASSETS LESS CURRENT LIABILITIES 586,498 494,583
Creditors: Amounts Falling Due After More Than One Year 9 (36,750 ) (41,264 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,225 ) (11,415 )
NET ASSETS 541,523 441,904
CAPITAL AND RESERVES
Called up share capital 11 1,100 1,120
Profit and Loss Account 540,423 440,784
SHAREHOLDERS' FUNDS 541,523 441,904
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 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 Steven Catterall
Director
Ms Jennifer Catterall
Director
Mrs Rachel Hughes
Director
12/11/2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
S.Catterall Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06485037 . The registered office is Bell Cottages, Hall Lane, Aspull, Wigan, WN2 2SH.
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 13 years.
2.4. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
2.5. 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:
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 33% on cost
2.6. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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2.7. 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.
2.8. 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.
2.9. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was 10 (2023: 11)
10 11
4. Intangible Assets
Goodwill Development Costs Total
£ £ £
Cost
As at 1 October 2023 20,000 239,900 259,900
As at 30 September 2024 20,000 239,900 259,900
Amortisation
As at 1 October 2023 20,000 239,900 259,900
As at 30 September 2024 20,000 239,900 259,900
Net Book Value
As at 30 September 2024 - - -
As at 1 October 2023 - - -
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Page 5
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 October 2023 162,862 7,162 1,523 171,547
Additions 50,000 - - 50,000
Disposals (68,921 ) - - (68,921 )
As at 30 September 2024 143,941 7,162 1,523 152,626
Depreciation
As at 1 October 2023 98,865 5,651 1,523 106,039
Provided during the period 22,600 227 - 22,827
Disposals (48,978 ) - - (48,978 )
As at 30 September 2024 72,487 5,878 1,523 79,888
Net Book Value
As at 30 September 2024 71,454 1,284 - 72,738
As at 1 October 2023 63,997 1,511 - 65,508
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2024 2023
£ £
Motor Vehicles 58,807 43,097
6. Stocks
2024 2023
£ £
Materials 54,200 56,700
Work in progress 85,730 166,471
139,930 223,171
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 343,108 458,484
Other debtors (1) 350 -
Called up share capital not paid - 20
343,458 458,504
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8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 10,048 5,595
Trade creditors 175,909 329,852
Bank loans and overdrafts - 9,000
Corporation tax 80,933 39,191
Other taxes and social security 6,527 6,804
VAT 48,811 42,315
Other creditors 2,513 102
Gas Monitoring Systems Ltd 22,483 1,535
Accruals and deferred income 22,375 2,535
Directors' loan accounts 7,021 707
376,620 437,636
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 36,750 26,264
Bank loans - 15,000
36,750 41,264
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 10,048 5,595
Later than one year and not later than five years 36,750 26,264
46,798 31,859
46,798 31,859
11. Share Capital
2024 2023
Allotted, called up and fully paid £ £
1,000 Ordinary Shares of £ 1.00 each 1,000 1,000
100 Ordinary A shares of £ 1.00 each 100 100
0 Ordinary B shares of £ 0.00 each - 20
1,100 1,120
During the year the company redeemed the B Ordinary shares at £1.00 per share in accordance with the provisions of Article 40 of the articles.
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