Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 08079496 Mr Andrew Seggins iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08079496 2023-05-31 08079496 2024-05-31 08079496 2023-06-01 2024-05-31 08079496 frs-core:CurrentFinancialInstruments 2024-05-31 08079496 frs-core:Non-currentFinancialInstruments 2024-05-31 08079496 frs-core:MotorVehicles 2024-05-31 08079496 frs-core:MotorVehicles 2023-06-01 2024-05-31 08079496 frs-core:MotorVehicles 2023-05-31 08079496 frs-core:PlantMachinery 2024-05-31 08079496 frs-core:PlantMachinery 2023-06-01 2024-05-31 08079496 frs-core:PlantMachinery 2023-05-31 08079496 frs-core:ShareCapital 2024-05-31 08079496 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 08079496 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 08079496 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 08079496 frs-bus:SmallEntities 2023-06-01 2024-05-31 08079496 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 08079496 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 08079496 frs-bus:Director1 2023-06-01 2024-05-31 08079496 frs-core:Non-currentFinancialInstruments 1 2024-05-31 08079496 frs-countries:EnglandWales 2023-06-01 2024-05-31 08079496 2022-05-31 08079496 2023-05-31 08079496 2022-06-01 2023-05-31 08079496 frs-core:CurrentFinancialInstruments 2023-05-31 08079496 frs-core:Non-currentFinancialInstruments 2023-05-31 08079496 frs-core:ShareCapital 2023-05-31 08079496 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 08079496 frs-core:Non-currentFinancialInstruments 1 2023-05-31
Registered number: 08079496
Andrew Seggins Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08079496
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 39,168 29,332
39,168 29,332
CURRENT ASSETS
Debtors 5 7,131 12,170
Cash at bank and in hand 23,606 21,037
30,737 33,207
Creditors: Amounts Falling Due Within One Year 6 (27,223 ) (20,202 )
NET CURRENT ASSETS (LIABILITIES) 3,514 13,005
TOTAL ASSETS LESS CURRENT LIABILITIES 42,682 42,337
Creditors: Amounts Falling Due After More Than One Year 7 (1,562 ) (9,534 )
NET ASSETS 41,120 32,803
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 41,020 32,703
SHAREHOLDERS' FUNDS 41,120 32,803
Page 1
Page 2
For the year ending 31 May 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 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 Andrew Seggins
Director
28/11/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Andrew Seggins Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08079496 . The registered office is 35 Claremont Avenue, Bournemouth, Dorset, BH9 3HA.
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.
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:
Plant & Machinery Older at 25% RB, newer at 25% straight line
Motor Vehicles 25%
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 June 2023 98,419 18,480 116,899
Additions 20,309 - 20,309
Disposals (582 ) - (582 )
As at 31 May 2024 118,146 18,480 136,626
Depreciation
As at 1 June 2023 71,012 16,555 87,567
Provided during the period 8,548 1,925 10,473
Disposals (582 ) - (582 )
As at 31 May 2024 78,978 18,480 97,458
Net Book Value
As at 31 May 2024 39,168 - 39,168
As at 1 June 2023 27,407 1,925 29,332
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4,056 11,312
Prepayments and accrued income 478 -
Other debtors 2,597 858
7,131 12,170
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 14,256 2,701
Corporation tax 9,197 6,960
Other taxes and social security - 209
VAT 3,460 1,311
Accruals and deferred income 310 310
Director's loan account - 8,711
27,223 20,202
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - 4,251
Other creditors - Finance lease and HP contracts 1,562 5,283
1,562 9,534
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4