Acorah Software Products - Accounts Production 16.1.300 false true 31 January 2023 1 February 2022 false 1 February 2023 30 January 2024 30 January 2024 09164582 Mr Michael Calvert iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09164582 2023-01-31 09164582 2024-01-30 09164582 2023-02-01 2024-01-30 09164582 frs-core:CurrentFinancialInstruments 2024-01-30 09164582 frs-core:Non-currentFinancialInstruments 2024-01-30 09164582 frs-core:FurnitureFittings 2024-01-30 09164582 frs-core:FurnitureFittings 2023-02-01 2024-01-30 09164582 frs-core:FurnitureFittings 2023-01-31 09164582 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-30 09164582 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-01 2024-01-30 09164582 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-31 09164582 frs-core:MotorVehicles 2024-01-30 09164582 frs-core:MotorVehicles 2023-02-01 2024-01-30 09164582 frs-core:MotorVehicles 2023-01-31 09164582 frs-core:PlantMachinery 2024-01-30 09164582 frs-core:PlantMachinery 2023-02-01 2024-01-30 09164582 frs-core:PlantMachinery 2023-01-31 09164582 frs-core:RevaluationReserve 2024-01-30 09164582 frs-core:ShareCapital 2024-01-30 09164582 frs-core:RetainedEarningsAccumulatedLosses 2024-01-30 09164582 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-30 09164582 frs-bus:FilletedAccounts 2023-02-01 2024-01-30 09164582 frs-bus:SmallEntities 2023-02-01 2024-01-30 09164582 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-30 09164582 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-30 09164582 frs-bus:Director1 2023-02-01 2024-01-30 09164582 frs-bus:Director1 2023-01-31 09164582 frs-bus:Director1 2024-01-30 09164582 frs-countries:EnglandWales 2023-02-01 2024-01-30 09164582 2022-01-31 09164582 2023-01-31 09164582 2022-02-01 2023-01-31 09164582 frs-core:CurrentFinancialInstruments 2023-01-31 09164582 frs-core:Non-currentFinancialInstruments 2023-01-31 09164582 frs-core:RevaluationReserve 2023-01-31 09164582 frs-core:ShareCapital 2023-01-31 09164582 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 09164582
Calvert Construction Limited
Unaudited Financial Statements
For The Year Ended 30 January 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09164582
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 432,488 353,657
432,488 353,657
CURRENT ASSETS
Stocks 5 233,560 180,472
Debtors 6 397,402 80,630
Cash at bank and in hand 12,329 39,876
643,291 300,978
Creditors: Amounts Falling Due Within One Year 7 (351,806 ) (203,409 )
NET CURRENT ASSETS (LIABILITIES) 291,485 97,569
TOTAL ASSETS LESS CURRENT LIABILITIES 723,973 451,226
Creditors: Amounts Falling Due After More Than One Year 8 (362,048 ) (23,333 )
NET ASSETS 361,925 427,893
CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 44,609 44,609
Profit and Loss Account 317,216 383,184
SHAREHOLDERS' FUNDS 361,925 427,893
Page 1
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For the year ending 30 January 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 Michael Calvert
Director
21/01/2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Calvert Construction Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09164582 . The registered office is Fox House Raikes Lane, Rylstone, Nr Skipton, North Yorkshire, BD23 6LW.
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:
Freehold No depreciaton
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 15% 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.
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 assets reflect 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 February 2023 - 346,730 143,703 12,158 502,591
Additions 104,479 27,271 - 2,331 134,081
Disposals - (12,750 ) 4,300 (1,582 ) (10,032 )
As at 30 January 2024 104,479 361,251 148,003 12,907 626,640
Depreciation
As at 1 February 2023 - 95,191 48,990 4,753 148,934
Provided during the period - 33,018 13,318 1,267 47,603
Disposals - (6,026 ) 3,929 (288 ) (2,385 )
As at 30 January 2024 - 122,183 66,237 5,732 194,152
Net Book Value
As at 30 January 2024 104,479 239,068 81,766 7,175 432,488
As at 1 February 2023 - 251,539 94,713 7,405 353,657
5. Stocks
2024 2023
£ £
Materials 30,000 45,000
Work in progress 203,560 135,472
233,560 180,472
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 63,413
Prepayments and accrued income 52,182 5,321
Other taxes and social security - 427
Director's loan account 332,576 -
Amounts owed by other participating interests 12,644 11,469
397,402 80,630
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 85,839 87,547
Bank loans and overdrafts 66,554 10,000
Other taxes and social security 3,771 -
VAT 65,811 26,449
Net wages 1,027 320
Other creditors 125,205 65,030
Accruals and deferred income 3,599 3,521
Director's loan account - 10,542
351,806 203,409
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 362,048 23,333
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2023 Amounts advanced Amounts repaid Amounts written off As at 30 January 2024
£ £ £ £ £
Mr Michael Calvert (10,542 ) 388,129 45,011 - 332,576
The above loan is unsecured, interest free and repayable on demand.
11. Related Party Transactions
Calvert Property LtdUnder common controlAs at the balance sheet date the amount owed by the related party was £12,644 (2023: £11,469).

Calvert Property Ltd

Under common control

As at the balance sheet date the amount owed by the related party was £12,644 (2023: £11,469).

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