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 04443685 Mr John Wort iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04443685 2023-05-31 04443685 2024-05-31 04443685 2023-06-01 2024-05-31 04443685 frs-core:CurrentFinancialInstruments 2024-05-31 04443685 frs-core:Non-currentFinancialInstruments 2024-05-31 04443685 frs-core:ComputerEquipment 2024-05-31 04443685 frs-core:ComputerEquipment 2023-06-01 2024-05-31 04443685 frs-core:ComputerEquipment 2023-05-31 04443685 frs-core:FurnitureFittings 2024-05-31 04443685 frs-core:FurnitureFittings 2023-06-01 2024-05-31 04443685 frs-core:FurnitureFittings 2023-05-31 04443685 frs-core:NetGoodwill 2024-05-31 04443685 frs-core:NetGoodwill 2023-06-01 2024-05-31 04443685 frs-core:NetGoodwill 2023-05-31 04443685 frs-core:MotorVehicles 2024-05-31 04443685 frs-core:MotorVehicles 2023-06-01 2024-05-31 04443685 frs-core:MotorVehicles 2023-05-31 04443685 frs-core:PlantMachinery 2024-05-31 04443685 frs-core:PlantMachinery 2023-06-01 2024-05-31 04443685 frs-core:PlantMachinery 2023-05-31 04443685 frs-core:ShareCapital 2024-05-31 04443685 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 04443685 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 04443685 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 04443685 frs-bus:SmallEntities 2023-06-01 2024-05-31 04443685 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 04443685 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 04443685 frs-bus:Director1 2023-06-01 2024-05-31 04443685 frs-countries:EnglandWales 2023-06-01 2024-05-31 04443685 2022-05-31 04443685 2023-05-31 04443685 2022-06-01 2023-05-31 04443685 frs-core:CurrentFinancialInstruments 2023-05-31 04443685 frs-core:Non-currentFinancialInstruments 2023-05-31 04443685 frs-core:ShareCapital 2023-05-31 04443685 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 04443685
Albourne Irrigation Services Limited
Financial Statements
For The Year Ended 31 May 2024
Curve Accountancy
65 Gales Drive
Three Bridges
Crawley
West Sussex
RH10 1QA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04443685
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 25,572 34,095
25,572 34,095
CURRENT ASSETS
Stocks 6 554 780
Debtors 7 12,666 20,375
Cash at bank and in hand 2,282 17,683
15,502 38,838
Creditors: Amounts Falling Due Within One Year 8 (33,920 ) (46,328 )
NET CURRENT ASSETS (LIABILITIES) (18,418 ) (7,490 )
TOTAL ASSETS LESS CURRENT LIABILITIES 7,154 26,605
Creditors: Amounts Falling Due After More Than One Year 9 (8,061 ) (15,881 )
NET (LIABILITIES)/ASSETS (907 ) 10,724
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account (1,007 ) 10,624
SHAREHOLDERS' FUNDS (907) 10,724
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 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 John Wort
Director
14th February 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Albourne Irrigation Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04443685 . The registered office is 43 Marlpit Road , Sharpthorne, East Grinstead, West Sussex, RH19 4PD.
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. 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 .... years.
2.4. 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 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 25% Reducing Balance
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
Page 3
Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 June 2023 30,083
As at 31 May 2024 30,083
Amortisation
As at 1 June 2023 30,083
As at 31 May 2024 30,083
Net Book Value
As at 31 May 2024 -
As at 1 June 2023 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 June 2023 10,150 69,777 16,882 8,415 105,224
As at 31 May 2024 10,150 69,777 16,882 8,415 105,224
Depreciation
As at 1 June 2023 8,133 43,637 15,677 3,682 71,129
Provided during the period 504 6,535 301 1,183 8,523
As at 31 May 2024 8,637 50,172 15,978 4,865 79,652
Net Book Value
As at 31 May 2024 1,513 19,605 904 3,550 25,572
As at 1 June 2023 2,017 26,140 1,205 4,733 34,095
6. Stocks
2024 2023
£ £
Stock 554 780
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 11,809 19,518
Other debtors 857 857
12,666 20,375
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 9,733 19,038
Bank loans and overdrafts 8,520 8,708
Other creditors 4,355 6,572
Taxation and social security 11,312 12,010
33,920 46,328
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 8,061 15,881
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5