Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 05496557 Mr Ryan Downs Mr Craig Downs iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05496557 2023-12-31 05496557 2024-12-31 05496557 2024-01-01 2024-12-31 05496557 frs-core:CurrentFinancialInstruments 2024-12-31 05496557 frs-core:Non-currentFinancialInstruments 2024-12-31 05496557 frs-core:BetweenOneFiveYears 2024-12-31 05496557 frs-core:ComputerEquipment 2024-12-31 05496557 frs-core:ComputerEquipment 2024-01-01 2024-12-31 05496557 frs-core:ComputerEquipment 2023-12-31 05496557 frs-core:FurnitureFittings 2024-12-31 05496557 frs-core:FurnitureFittings 2024-01-01 2024-12-31 05496557 frs-core:FurnitureFittings 2023-12-31 05496557 frs-core:MotorVehicles 2024-12-31 05496557 frs-core:MotorVehicles 2024-01-01 2024-12-31 05496557 frs-core:MotorVehicles 2023-12-31 05496557 frs-core:PlantMachinery 2024-12-31 05496557 frs-core:PlantMachinery 2024-01-01 2024-12-31 05496557 frs-core:PlantMachinery 2023-12-31 05496557 frs-core:WithinOneYear 2024-12-31 05496557 frs-core:ShareCapital 2024-12-31 05496557 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 05496557 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 05496557 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 05496557 frs-bus:SmallEntities 2024-01-01 2024-12-31 05496557 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 05496557 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 05496557 frs-bus:Director1 2024-01-01 2024-12-31 05496557 frs-bus:Director2 2024-01-01 2024-12-31 05496557 frs-countries:EnglandWales 2024-01-01 2024-12-31 05496557 2022-12-31 05496557 2023-12-31 05496557 2023-01-01 2023-12-31 05496557 frs-core:CurrentFinancialInstruments 2023-12-31 05496557 frs-core:Non-currentFinancialInstruments 2023-12-31 05496557 frs-core:BetweenOneFiveYears 2023-12-31 05496557 frs-core:WithinOneYear 2023-12-31 05496557 frs-core:ShareCapital 2023-12-31 05496557 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 05496557
Essex County Skips Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05496557
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,255,855 1,033,972
1,255,855 1,033,972
CURRENT ASSETS
Debtors 5 325,954 199,846
Cash at bank and in hand 63,725 92,680
389,679 292,526
Creditors: Amounts Falling Due Within One Year 6 (453,966 ) (322,443 )
NET CURRENT ASSETS (LIABILITIES) (64,287 ) (29,917 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,191,568 1,004,055
Creditors: Amounts Falling Due After More Than One Year 7 (349,537 ) (322,500 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (39,733 ) (26,924 )
NET ASSETS 802,298 654,631
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 802,198 654,531
SHAREHOLDERS' FUNDS 802,298 654,631
Page 1
Page 2
For the year ending 31 December 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 Ryan Downs
Director
Mr Craig Downs
Director
25/02/2025
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
Essex County Skips Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05496557 . The registered office is 12 Parsons Road, Manor Trading Estate, Benfleet, Essex, SS7 4PY.
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:
Plant & Machinery 15% Reducing Method
Motor Vehicles 15% Reducing Method
Fixtures & Fittings 20% Straight Line
Computer Equipment 20% Straight Line
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. 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 year 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.
...CONTINUED
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2.5. Taxation - continued
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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 18 (2023: 17)
18 17
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 762,040 812,475 94,781 4,492 1,673,788
Additions 152,680 284,432 20,289 1,787 459,188
As at 31 December 2024 914,720 1,096,907 115,070 6,279 2,132,976
Depreciation
As at 1 January 2024 291,691 323,776 22,873 1,476 639,816
Provided during the period 83,814 134,168 18,115 1,208 237,305
As at 31 December 2024 375,505 457,944 40,988 2,684 877,121
Net Book Value
As at 31 December 2024 539,215 638,963 74,082 3,595 1,255,855
As at 1 January 2024 470,349 488,699 71,908 3,016 1,033,972
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 134,524 144,108
Prepayments and accrued income 5,974 5,557
Other debtors 4,721 15,181
Directors' loan accounts 180,735 35,000
325,954 199,846
Page 4
Page 5
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 272,568 153,732
Trade creditors 106,661 107,383
Bank loans and overdrafts 10,375 10,119
Corporation tax 7 7
Other taxes and social security 8,542 12,833
VAT 23,038 8,275
Other creditors 30,838 28,109
Accruals and deferred income 1,937 1,985
453,966 322,443
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 292,578 224,328
Bank loans 5,286 15,661
Other creditors 51,673 82,511
349,537 322,500
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 272,568 153,732
Later than one year and not later than five years 292,578 224,328
565,146 378,060
565,146 378,060
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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