Acorah Software Products - Accounts Production 16.1.300 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 06635124 Mr Stephen William Webster Mrs Judith Webster Mr Stephen Webster Mrs Catherine Gilbert iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06635124 2023-10-31 06635124 2024-10-31 06635124 2023-11-01 2024-10-31 06635124 frs-core:CurrentFinancialInstruments 2024-10-31 06635124 frs-core:Non-currentFinancialInstruments 2024-10-31 06635124 frs-core:BetweenOneFiveYears 2024-10-31 06635124 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 06635124 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 06635124 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-31 06635124 frs-core:MotorVehicles 2024-10-31 06635124 frs-core:MotorVehicles 2023-11-01 2024-10-31 06635124 frs-core:MotorVehicles 2023-10-31 06635124 frs-core:PlantMachinery 2024-10-31 06635124 frs-core:PlantMachinery 2023-11-01 2024-10-31 06635124 frs-core:PlantMachinery 2023-10-31 06635124 frs-core:WithinOneYear 2024-10-31 06635124 frs-core:ShareCapital 2024-10-31 06635124 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 06635124 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 06635124 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 06635124 frs-bus:SmallEntities 2023-11-01 2024-10-31 06635124 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 06635124 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 06635124 frs-bus:Director1 2023-11-01 2024-10-31 06635124 frs-bus:Director2 2023-11-01 2024-10-31 06635124 frs-bus:Director3 2023-11-01 2024-10-31 06635124 frs-bus:Director4 2023-11-01 2024-10-31 06635124 frs-countries:EnglandWales 2023-11-01 2024-10-31 06635124 2022-10-31 06635124 2023-10-31 06635124 2022-11-01 2023-10-31 06635124 frs-core:CurrentFinancialInstruments 2023-10-31 06635124 frs-core:Non-currentFinancialInstruments 2023-10-31 06635124 frs-core:BetweenOneFiveYears 2023-10-31 06635124 frs-core:MotorVehicles 2022-11-01 2023-10-31 06635124 frs-core:PlantMachinery 2022-11-01 2023-10-31 06635124 frs-core:WithinOneYear 2023-10-31 06635124 frs-core:ShareCapital 2023-10-31 06635124 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
S and J Webster Limited
Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 06635124
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 180,817 181,817
180,817 181,817
CURRENT ASSETS
Stocks 5 10,814 28,000
Debtors 6 135,876 133,075
Cash at bank and in hand 1,387 936
148,077 162,011
Creditors: Amounts Falling Due Within One Year 7 (192,354 ) (227,580 )
NET CURRENT ASSETS (LIABILITIES) (44,277 ) (65,569 )
TOTAL ASSETS LESS CURRENT LIABILITIES 136,540 116,248
Creditors: Amounts Falling Due After More Than One Year 8 (47,680 ) (53,294 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (23,353 ) -
NET ASSETS 65,507 62,954
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 65,407 62,854
SHAREHOLDERS' FUNDS 65,507 62,954
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For the year ending 31 October 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 Profit and Loss Account.
On behalf of the board
Mr Stephen William Webster
Director
Mrs Judith Webster
Director
Mr Stephen Webster
Director
Mrs Catherine Gilbert
Director
30 January 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
S and J Webster Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06635124 . The registered office is Spring Farm Swarkestone Road, Chellaston, Derby, DE73 7UD.
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 0%
Plant & Machinery 20% Straight line
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.
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. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 5 (2023: 5)
5 5
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 November 2023 17,525 401,835 33,519 452,879
Additions - - 42,700 42,700
Disposals - (34,500 ) - (34,500 )
As at 31 October 2024 17,525 367,335 76,219 461,079
Depreciation
As at 1 November 2023 - 253,952 17,110 271,062
Provided during the period - 29,198 12,606 41,804
Disposals - (32,604 ) - (32,604 )
As at 31 October 2024 - 250,546 29,716 280,262
Net Book Value
As at 31 October 2024 17,525 116,789 46,503 180,817
As at 1 November 2023 17,525 147,883 16,409 181,817
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Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2024 2023
£ £
Plant & Machinery 45,954 57,442
Motor Vehicles 30,479 -
76,433 57,442
5. Stocks
2024 2023
£ £
Stock 10,814 28,000
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 133,777 122,792
Prepayments and accrued income 2,099 -
Corporation tax recoverable assets - 10,283
135,876 133,075
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 19,578 13,545
Trade creditors 38,143 44,565
Bank loans and overdrafts 77,719 109,703
Corporation tax 8,214 -
Other taxes and social security 681 3,402
VAT 17,582 11,887
Net wages 616 -
Pension control 259 264
Accruals and deferred income 1,815 1,650
Directors' loan accounts 27,747 42,564
192,354 227,580
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 40,647 35,929
Bank loans 7,033 17,365
47,680 53,294
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9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 19,578 13,545
Later than one year and not later than five years 40,647 35,929
60,225 49,474
60,225 49,474
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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