Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 11106163 Mr M A Davison Mrs K L Seddon iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11106163 2023-12-31 11106163 2024-12-31 11106163 2024-01-01 2024-12-31 11106163 frs-core:CurrentFinancialInstruments 2024-12-31 11106163 frs-core:Non-currentFinancialInstruments 2024-12-31 11106163 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 11106163 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 11106163 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 11106163 frs-core:MotorVehicles 2024-12-31 11106163 frs-core:MotorVehicles 2024-01-01 2024-12-31 11106163 frs-core:MotorVehicles 2023-12-31 11106163 frs-core:PlantMachinery 2024-12-31 11106163 frs-core:PlantMachinery 2024-01-01 2024-12-31 11106163 frs-core:PlantMachinery 2023-12-31 11106163 frs-core:ShareCapital 2024-12-31 11106163 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 11106163 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11106163 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 11106163 frs-bus:SmallEntities 2024-01-01 2024-12-31 11106163 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11106163 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11106163 1 2024-01-01 2024-12-31 11106163 frs-bus:Director1 2024-01-01 2024-12-31 11106163 frs-bus:Director2 2024-01-01 2024-12-31 11106163 frs-countries:EnglandWales 2024-01-01 2024-12-31 11106163 2022-12-31 11106163 2023-12-31 11106163 2023-01-01 2023-12-31 11106163 frs-core:CurrentFinancialInstruments 2023-12-31 11106163 frs-core:Non-currentFinancialInstruments 2023-12-31 11106163 frs-core:ShareCapital 2023-12-31 11106163 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 11106163
Seddon And Davison Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Crag & Co
Chartered Accountants & Chartered Tax Advisers
First Floor, Embsay Mill
Embsay
Skipton
North Yorkshire
BD23 6QR
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 11106163
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 224,924 230,554
224,924 230,554
CURRENT ASSETS
Stocks 95,833 81,000
Debtors 5 10,026 11,337
Cash at bank and in hand 12,067 13,032
117,926 105,369
Creditors: Amounts Falling Due Within One Year 6 (360,218 ) (370,368 )
NET CURRENT ASSETS (LIABILITIES) (242,292 ) (264,999 )
TOTAL ASSETS LESS CURRENT LIABILITIES (17,368 ) (34,445 )
Creditors: Amounts Falling Due After More Than One Year 7 (11,753 ) (11,463 )
NET LIABILITIES (29,121 ) (45,908 )
CAPITAL AND RESERVES
Called up share capital 100 100
Income Statement (29,221 ) (46,008 )
SHAREHOLDERS' FUNDS (29,121) (45,908)
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For the year ending 31 December 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 Income Statement.
On behalf of the board
Mrs K L Seddon
Director
24/01/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Seddon And Davison Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11106163 . The registered office is 11 Duke Street, Settle, North Yorkshire, BD24 9DU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements are prepared under the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.

2.2. Turnover
Turnover is measured at the fair value of the consideration receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Product sales are invoiced and recognised on a point of sale basis.
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 depreciation
Plant & Machinery 20% reducing balance
Motor Vehicles 25% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under hire purchase contracts are depreciated over their useful lives.
Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods.
2.5. 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.
2.6. Pensions
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
2.7. Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs.
The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
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2.8. Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period is arises.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 2)
3 2
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 January 2024 195,000 22,607 26,800 244,407
Additions - 2,864 - 2,864
As at 31 December 2024 195,000 25,471 26,800 247,271
Depreciation
As at 1 January 2024 - 7,153 6,700 13,853
Provided during the period - 3,469 5,025 8,494
As at 31 December 2024 - 10,622 11,725 22,347
Net Book Value
As at 31 December 2024 195,000 14,849 15,075 224,924
As at 1 January 2024 195,000 15,454 20,100 230,554
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4,796 4,674
Prepayments and accrued income 5,230 6,663
10,026 11,337
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 2,018 2,018
Bank loans and overdrafts 7,637 4,304
Other taxes and social security 1,744 300
VAT 8,057 6,691
Other creditors 173 -
Accruals and deferred income 1,287 1,020
Directors' loan accounts 339,302 356,035
360,218 370,368
Included in creditors: amounts falling due within one year, are net obligations under hire purchase contracts of £2,018 (2023 - £2,018) which are secured against the assets to which they relate.
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 951 2,469
Bank loans 10,802 8,994
11,753 11,463
Included in creditors: amounts falling due after more than one year, are net obligations under hire purchase contracts of £951 (2023 - £2,469) which are secured against the assets to which they relate.
8. Pension Commitments
The company operates a defined contributions pension scheme. The assets of the scheme are held seperately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £684 (2023 - £nil).
Contributions totalling £173 (2023 - £nil) were payable to the fund at the year end, and are included in creditors: amounts falling due within one year.
9. Related Party Transactions
Included in creditors: amounts falling due within one year, is a directors loan account balance of £339,302 (2023 - £356,035) owing to Mr M A Davison & Mrs K L Seddon.
The loan is interest free and repayable on demand.
10. Ultimate Controlling Party
The company is under the control of Mr M A Davison & Mrs K L Seddon, who are interested in 100% of the company's issued share capital.
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