Acorah Software Products - Accounts Production 16.1.300 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 09162500 Mr Dean Gibson Mrs Kimberley Gibson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09162500 2023-08-31 09162500 2024-08-31 09162500 2023-09-01 2024-08-31 09162500 frs-core:CurrentFinancialInstruments 2024-08-31 09162500 frs-core:Non-currentFinancialInstruments 2024-08-31 09162500 frs-core:BetweenOneFiveYears 2024-08-31 09162500 frs-core:MotorVehicles 2024-08-31 09162500 frs-core:MotorVehicles 2023-09-01 2024-08-31 09162500 frs-core:MotorVehicles 2023-08-31 09162500 frs-core:WithinOneYear 2024-08-31 09162500 frs-core:ShareCapital 2024-08-31 09162500 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 09162500 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 09162500 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 09162500 frs-bus:SmallEntities 2023-09-01 2024-08-31 09162500 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 09162500 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 09162500 frs-bus:Director1 2023-09-01 2024-08-31 09162500 frs-bus:CompanySecretary1 2023-09-01 2024-08-31 09162500 frs-countries:EnglandWales 2023-09-01 2024-08-31 09162500 2022-08-31 09162500 2023-08-31 09162500 2022-09-01 2023-08-31 09162500 frs-core:CurrentFinancialInstruments 2023-08-31 09162500 frs-core:Non-currentFinancialInstruments 2023-08-31 09162500 frs-core:BetweenOneFiveYears 2023-08-31 09162500 frs-core:WithinOneYear 2023-08-31 09162500 frs-core:ShareCapital 2023-08-31 09162500 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 09162500
D Gibson Heating Essex Ltd
Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09162500
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,080 14,773
11,080 14,773
CURRENT ASSETS
Debtors 5 - 324
Cash at bank and in hand 104 7,785
104 8,109
Creditors: Amounts Falling Due Within One Year 6 (14,668 ) (21,829 )
NET CURRENT ASSETS (LIABILITIES) (14,564 ) (13,720 )
TOTAL ASSETS LESS CURRENT LIABILITIES (3,484 ) 1,053
Creditors: Amounts Falling Due After More Than One Year 7 (4,549 ) (9,820 )
NET LIABILITIES (8,033 ) (8,767 )
CAPITAL AND RESERVES
Called up share capital 9 3 3
Profit and Loss Account (8,036 ) (8,770 )
SHAREHOLDERS' FUNDS (8,033) (8,767)
Page 1
Page 2
For the year ending 31 August 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 Dean Gibson
Director
17 January 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
D Gibson Heating Essex Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09162500 . The registered office is Damer House, Meadow Way, Wickford, Essex, SS12 9HA.
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, excluding discounts, rebates, value added taxes, and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and 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% Reducing balance
2.4. 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.
3. Average Number of Employees
The average number of employees, including directors, during the year was as follows: 2 (2023: 2)
2 2
Page 3
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4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 September 2023 19,698
As at 31 August 2024 19,698
Depreciation
As at 1 September 2023 4,925
Provided during the period 3,693
As at 31 August 2024 8,618
Net Book Value
As at 31 August 2024 11,080
As at 1 September 2023 14,773
5. Debtors
2024 2023
£ £
Due within one year
Other debtors - 324
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 3,272 3,272
Bank loans and overdrafts 2,000 2,000
Other creditors 9,331 16,492
Taxation and social security 65 65
14,668 21,829
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 3,204 6,475
Bank loans 1,345 3,345
4,549 9,820
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8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 3,272 3,272
Later than one year and not later than five years 3,204 6,475
6,476 9,747
6,476 9,747
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 3 3
Page 5