Acorah Software Products - Accounts Production 16.1.300 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 07373361 Mrs Kathleen Massey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07373361 2023-09-30 07373361 2024-09-30 07373361 2023-10-01 2024-09-30 07373361 frs-core:CurrentFinancialInstruments 2024-09-30 07373361 frs-core:FurnitureFittings 2024-09-30 07373361 frs-core:FurnitureFittings 2023-10-01 2024-09-30 07373361 frs-core:FurnitureFittings 2023-09-30 07373361 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-09-30 07373361 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 07373361 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-09-30 07373361 frs-core:ShareCapital 2024-09-30 07373361 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 07373361 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 07373361 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 07373361 frs-bus:SmallEntities 2023-10-01 2024-09-30 07373361 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 07373361 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 07373361 frs-bus:Director1 2023-10-01 2024-09-30 07373361 frs-countries:EnglandWales 2023-10-01 2024-09-30 07373361 2022-09-30 07373361 2023-09-30 07373361 2022-10-01 2023-09-30 07373361 frs-core:CurrentFinancialInstruments 2023-09-30 07373361 frs-core:ShareCapital 2023-09-30 07373361 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 07373361
Narrowboats Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Viracocha Accountants
36 Swanlow Lane
Winsford
Cheshire
CW7 1JE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07373361
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 132,557 143,641
132,557 143,641
CURRENT ASSETS
Stocks 5 329,639 329,639
Debtors 6 21,028 11,995
Cash at bank and in hand 152,108 65,200
502,775 406,834
Creditors: Amounts Falling Due Within One Year 7 (561,155 ) (444,673 )
NET CURRENT ASSETS (LIABILITIES) (58,380 ) (37,839 )
TOTAL ASSETS LESS CURRENT LIABILITIES 74,177 105,802
NET ASSETS 74,177 105,802
CAPITAL AND RESERVES
Called up share capital 8 3,600 3,600
Profit and Loss Account 70,577 102,202
SHAREHOLDERS' FUNDS 74,177 105,802
Page 1
Page 2
For the year ending 30 September 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 her 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
Mrs Kathleen Massey
Director
26/02/2025
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
Narrowboats Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07373361 . The registered office is Wincham Wharf, 220 Manchester Road, Lostock Gralam Northwich, Cheshire, CW9 7NT.
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:
Leasehold 0%
Fixtures & Fittings 20%
2.4. 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: 5 (2023: 5)
5 5
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 October 2023 45,000 158,845 203,845
Additions - 483 483
As at 30 September 2024 45,000 159,328 204,328
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 October 2023 - 60,204 60,204
Provided during the period - 11,567 11,567
As at 30 September 2024 - 71,771 71,771
Net Book Value
As at 30 September 2024 45,000 87,557 132,557
As at 1 October 2023 45,000 98,641 143,641
5. Stocks
2024 2023
£ £
Stock 329,639 329,639
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 21,028 11,995
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 561,155 444,673
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 3,600 3,600
Page 4