Acorah Software Products - Accounts Production 16.0.110 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 05626128 Mr Darren Moss Mrs Joanne Moss iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05626128 2023-11-30 05626128 2024-11-30 05626128 2023-12-01 2024-11-30 05626128 frs-core:CurrentFinancialInstruments 2024-11-30 05626128 frs-core:ComputerEquipment 2024-11-30 05626128 frs-core:ComputerEquipment 2023-12-01 2024-11-30 05626128 frs-core:ComputerEquipment 2023-11-30 05626128 frs-core:FurnitureFittings 2024-11-30 05626128 frs-core:FurnitureFittings 2023-12-01 2024-11-30 05626128 frs-core:FurnitureFittings 2023-11-30 05626128 frs-core:PlantMachinery 2024-11-30 05626128 frs-core:PlantMachinery 2023-12-01 2024-11-30 05626128 frs-core:PlantMachinery 2023-11-30 05626128 frs-core:ShareCapital 2024-11-30 05626128 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 05626128 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 05626128 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 05626128 frs-bus:SmallEntities 2023-12-01 2024-11-30 05626128 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 05626128 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 05626128 frs-bus:Director1 2023-12-01 2024-11-30 05626128 frs-bus:CompanySecretary1 2023-12-01 2024-11-30 05626128 frs-countries:EnglandWales 2023-12-01 2024-11-30 05626128 2022-11-30 05626128 2023-11-30 05626128 2022-12-01 2023-11-30 05626128 frs-core:CurrentFinancialInstruments 2023-11-30 05626128 frs-core:ShareCapital 2023-11-30 05626128 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 05626128
Ash Flooring Centre Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05626128
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,540 12,577
11,540 12,577
CURRENT ASSETS
Debtors 5 1,051 1,489
Cash at bank and in hand 366,299 322,349
367,350 323,838
Creditors: Amounts Falling Due Within One Year 6 (44,074 ) (49,559 )
NET CURRENT ASSETS (LIABILITIES) 323,276 274,279
TOTAL ASSETS LESS CURRENT LIABILITIES 334,816 286,856
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,655 ) (2,738 )
NET ASSETS 332,161 284,118
CAPITAL AND RESERVES
Called up share capital 7 10 10
Profit and Loss Account 332,151 284,108
SHAREHOLDERS' FUNDS 332,161 284,118
Page 1
Page 2
For the year ending 30 November 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 Darren Moss
Director
20/01/2025
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
Ash Flooring Centre Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05626128 . The registered office is Riddingtons Ltd, The Old Barn, Off Wood Street, Swanley Village, Swanly, BR8 7PA.
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.
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 15% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 15% on 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 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.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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 Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 December 2023 19,094 8,563 3,296 30,953
Additions 999 - - 999
As at 30 November 2024 20,093 8,563 3,296 31,952
Depreciation
As at 1 December 2023 13,376 2,198 2,802 18,376
Provided during the period 858 956 222 2,036
As at 30 November 2024 14,234 3,154 3,024 20,412
Net Book Value
As at 30 November 2024 5,859 5,409 272 11,540
As at 1 December 2023 5,718 6,365 494 12,577
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,051 1,489
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 28,427 24,198
VAT 14,820 4,269
Other creditors - 4,624
Director's loan account 827 16,468
44,074 49,559
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
8. Related Party Transactions
Included in Other Creditors is an amount of £827 (2023 - £16,469), owed to the company director Mr D Moss. This loan is interest free and no repayment terms have been agreed.
Page 4