Acorah Software Products - Accounts Production 16.0.110 false true true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 04585337 Mr Frank Everest Mrs Emma Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04585337 2023-04-30 04585337 2024-04-30 04585337 2023-05-01 2024-04-30 04585337 frs-core:CurrentFinancialInstruments 2024-04-30 04585337 frs-core:Non-currentFinancialInstruments 2024-04-30 04585337 frs-core:BetweenOneFiveYears 2024-04-30 04585337 frs-core:FurnitureFittings 2024-04-30 04585337 frs-core:FurnitureFittings 2023-05-01 2024-04-30 04585337 frs-core:FurnitureFittings 2023-04-30 04585337 frs-core:NetGoodwill 2024-04-30 04585337 frs-core:NetGoodwill 2023-05-01 2024-04-30 04585337 frs-core:NetGoodwill 2023-04-30 04585337 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-30 04585337 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 04585337 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-30 04585337 frs-core:MotorVehicles 2024-04-30 04585337 frs-core:MotorVehicles 2023-05-01 2024-04-30 04585337 frs-core:MotorVehicles 2023-04-30 04585337 frs-core:PlantMachinery 2024-04-30 04585337 frs-core:PlantMachinery 2023-05-01 2024-04-30 04585337 frs-core:PlantMachinery 2023-04-30 04585337 frs-core:WithinOneYear 2024-04-30 04585337 frs-core:CapitalRedemptionReserve 2024-04-30 04585337 frs-core:ShareCapital 2024-04-30 04585337 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 04585337 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 04585337 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 04585337 frs-bus:SmallEntities 2023-05-01 2024-04-30 04585337 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 04585337 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 04585337 frs-bus:OrdinaryShareClass1 2023-05-01 2024-04-30 04585337 frs-bus:OrdinaryShareClass1 2024-04-30 04585337 frs-bus:Director1 2023-05-01 2024-04-30 04585337 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 04585337 frs-countries:EnglandWales 2023-05-01 2024-04-30 04585337 2022-04-30 04585337 2023-04-30 04585337 2022-05-01 2023-04-30 04585337 frs-core:CurrentFinancialInstruments 2023-04-30 04585337 frs-core:Non-currentFinancialInstruments 2023-04-30 04585337 frs-core:BetweenOneFiveYears 2023-04-30 04585337 frs-core:MotorVehicles 2022-05-01 2023-04-30 04585337 frs-core:WithinOneYear 2023-04-30 04585337 frs-core:CapitalRedemptionReserve 2023-04-30 04585337 frs-core:ShareCapital 2023-04-30 04585337 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 04585337 frs-bus:OrdinaryShareClass1 2022-05-01 2023-04-30
Registered number: 04585337
Blaze Commercial Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Daverns
Chartered Accountants
Hardy House
Northbridge Road
Berkhamsted
Herts
HP4 1EF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 04585337
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 137,247 171,559
Tangible Assets 5 54,363 56,534
191,610 228,093
CURRENT ASSETS
Debtors 6 1,260,683 1,087,559
Cash at bank and in hand 384,622 120,450
1,645,305 1,208,009
Creditors: Amounts Falling Due Within One Year 7 (1,031,451 ) (625,124 )
NET CURRENT ASSETS (LIABILITIES) 613,854 582,885
TOTAL ASSETS LESS CURRENT LIABILITIES 805,464 810,978
Creditors: Amounts Falling Due After More Than One Year 8 (23,289 ) (13,383 )
PROVISIONS FOR LIABILITIES
Provisions For Charges - (83,638 )
Deferred Taxation (13,591 ) (7,157 )
NET ASSETS 768,584 706,800
CAPITAL AND RESERVES
Called up share capital 10 40 40
Capital redemption reserve 60 60
Profit and Loss Account 768,484 706,700
SHAREHOLDERS' FUNDS 768,584 706,800
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Page 2
For the year ending 30 April 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 Frank Everest
Director
29th January 2025
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Blaze Commercial Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04585337 . The registered office is Hardy House, Northbridge Road, Berkhamsted, Herts, HP4 1EF.
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. Going Concern Disclosure
The company's forecasts and projections, taking account of reasonably possible changes in trading performance, show that the company should be able to operate within the level of its current facility.
2.3. Turnover
Turnover represents net invoiced sales, including retention, excluding value added tax.
2.4. 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 10 years.
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:
Leasehold 10% on cost
Plant & Machinery 25% on cost
Motor Vehicles 25% on cost
Fixtures & Fittings 25% on cost
2.6. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and 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.
2.7. 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.
...CONTINUED
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2.7. Taxation - continued
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.
2.8. Pensions
The company contributes to a work place pension scheme (NEST) in line with its obligations under auto enrolment and Scottish Equitable. Contibutions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
2.9. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
2.10. Long term contracts
Trade debtors are valued at anticipated net sales value after provision for contingencies and anticipate future losses on contracts. Claims are included in the valuation of contracts and credited to the profit and loss account only when entitlement has been established. Cash received on account of contracts is deducted from trade debtors. Such amounts that have been received and exceed amounts in trade debtors are included in other creditors. Contracts provisions in excess of amounts recoverable are included in provisions for liabilities and charges.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 5 4
5 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 May 2023 343,119
As at 30 April 2024 343,119
Amortisation
As at 1 May 2023 171,560
Provided during the period 34,312
As at 30 April 2024 205,872
Net Book Value
As at 30 April 2024 137,247
As at 1 May 2023 171,559
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Page 5
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 May 2023 94,301 1,230,368 472,776 17,443 1,814,888
Additions - 27,450 17,936 - 45,386
Disposals - - (85,326 ) - (85,326 )
As at 30 April 2024 94,301 1,257,818 405,386 17,443 1,774,948
Depreciation
As at 1 May 2023 84,870 1,230,367 425,987 17,130 1,758,354
Provided during the period 9,430 6,863 16,965 313 33,571
Disposals - - (71,340 ) - (71,340 )
As at 30 April 2024 94,300 1,237,230 371,612 17,443 1,720,585
Net Book Value
As at 30 April 2024 1 20,588 33,774 - 54,363
As at 1 May 2023 9,431 1 46,789 313 56,534
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2024 2023
£ £
Motor Vehicles 12,481 24,961
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,076,757 1,015,015
Prepayments and accrued income 84,259 47,500
Other debtors 15,167 -
Other taxes and social security 84,500 25,044
1,260,683 1,087,559
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Page 6
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 22,511 37,437
Trade creditors 694,454 388,876
Bank loans and overdrafts 9,125 19,109
Corporation tax 8,702 30,924
Other creditors 1,159 61,280
Accruals and deferred income 240,500 2,498
Director's loan account 55,000 85,000
1,031,451 625,124
On the 25 April 2007 the company granted its bankers a debenture over the company's asset resulting in a fixed and floating charge.
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 10,912 1,009
Bank loans 12,377 12,374
23,289 13,383
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 22,511 37,437
Later than one year and not later than five years 10,912 1,009
33,423 38,446
33,423 38,446
10. Share Capital
2024 2023
Allotted, called up and fully paid £ £
40 Ordinary Shares of £ 1 each 40 40
11. Directors Advances, Credits and Guarantees
Dividends paid to directors
2024 2023
£ £
Mr Frank Everest 1,000 -
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12. Related Party Transactions
Everest Plant LimitedF Everest if a director and shareholder in Everest Plant Limited.

Everest Plant Limited

F Everest if a director and shareholder in Everest Plant Limited.

During the year Blaze Commercial Limited paid Everest Plant Limited £78,000 (2023: £78,000) in respect of rent. The directors believes the transaction to be at arms length.
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