12 false false false false false false false false false false true false false false false false false No description of principal activity 2023-05-01 Sage Accounts Production Advanced 2024 - FRS102_2024 69,472 2,971 72,443 55,639 4,275 59,914 12,529 13,833 xbrli:pure xbrli:shares iso4217:GBP 04428328 2023-05-01 2024-04-30 04428328 2024-04-30 04428328 2023-04-30 04428328 2022-05-01 2023-04-30 04428328 2023-04-30 04428328 2022-04-30 04428328 core:FurnitureFittings 2023-05-01 2024-04-30 04428328 bus:RegisteredOffice 2023-05-01 2024-04-30 04428328 bus:Director1 2023-05-01 2024-04-30 04428328 core:WithinOneYear 2024-04-30 04428328 core:WithinOneYear 2023-04-30 04428328 core:FurnitureFittings 2023-04-30 04428328 core:FurnitureFittings 2024-04-30 04428328 core:ShareCapital 2024-04-30 04428328 core:ShareCapital 2023-04-30 04428328 core:RetainedEarningsAccumulatedLosses 2024-04-30 04428328 core:RetainedEarningsAccumulatedLosses 2023-04-30 04428328 core:FurnitureFittings 2023-04-30 04428328 bus:SmallEntities 2023-05-01 2024-04-30 04428328 bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 04428328 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 04428328 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 04428328 bus:FullAccounts 2023-05-01 2024-04-30
COMPANY REGISTRATION NUMBER: 04428328
"A" Plus Accountants Limited
Filleted Unaudited Financial Statements
30 April 2024
"A" Plus Accountants Limited
Financial Statements
Year ended 30 April 2024
Contents
Page
Officers and professional advisers
1
Statement of financial position
2
Notes to the financial statements
4
"A" Plus Accountants Limited
Officers and Professional Advisers
Director
Mrs Y Tinkler
Registered office
10 Canberra House
Corbygate Business Park
Corby
Northamptonshire
NN17 5JG
"A" Plus Accountants Limited
Statement of Financial Position
30 April 2024
2024
2023
Note
£
£
£
Fixed assets
Tangible assets
5
12,529
13,833
Current assets
Debtors
6
198,990
204,886
Cash at bank and in hand
289,527
338,236
---------
---------
488,517
543,122
Creditors: amounts falling due within one year
7
81,354
81,342
---------
---------
Net current assets
407,163
461,780
---------
---------
Total assets less current liabilities
419,692
475,613
Provisions
Taxation including deferred tax
3,132
3,458
---------
---------
Net assets
416,560
472,155
---------
---------
Capital and reserves
Called up share capital
100
100
Profit and loss account
416,460
472,055
---------
---------
Shareholders funds
416,560
472,155
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
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.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
"A" Plus Accountants Limited
Statement of Financial Position (continued)
30 April 2024
These financial statements were approved by the board of directors and authorised for issue on 14 February 2025 , and are signed on behalf of the board by:
Mrs Y Tinkler Director
Company registration number: 04428328
"A" Plus Accountants Limited
Notes to the Financial Statements
Year ended 30 April 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 10 Canberra House, Corbygate Business Park, Corby, Northamptonshire, NN17 5JG.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the company accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed within the individual accounting policies below.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures & Fittings
-
25% reducing balance
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Particulars of employees
The average number of persons employed by the company during the year amounted to 12 (2023: 14 ).
5. Tangible assets
Fixtures and fittings
Total
£
£
Cost
At 1 May 2023
69,472
69,472
Additions
2,971
2,971
--------
--------
At 30 April 2024
72,443
72,443
--------
--------
Depreciation
At 1 May 2023
55,639
55,639
Charge for the year
4,275
4,275
--------
--------
At 30 April 2024
59,914
59,914
--------
--------
Carrying amount
At 30 April 2024
12,529
12,529
--------
--------
At 30 April 2023
13,833
13,833
--------
--------
6. Debtors
2024
2023
£
£
Trade debtors
140,754
142,205
Prepayments and accrued income
54,323
54,618
Other debtors
3,913
8,063
---------
---------
198,990
204,886
---------
---------
7. Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
15,282
14,214
Accruals and deferred income
4,319
696
Corporation tax
3,461
13,820
Social security and other taxes
56,291
59,715
Other creditors
2,001
( 7,103)
--------
--------
81,354
81,342
--------
--------