Acorah Software Products - Accounts Production 16.1.300 false true true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 12913766 Mrs Lucy Caine Mr Andrew Caine iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12913766 2023-09-30 12913766 2024-09-30 12913766 2023-10-01 2024-09-30 12913766 frs-core:CurrentFinancialInstruments 2024-09-30 12913766 frs-core:Non-currentFinancialInstruments 2024-09-30 12913766 frs-core:BetweenOneFiveYears 2024-09-30 12913766 frs-core:ComputerEquipment 2024-09-30 12913766 frs-core:ComputerEquipment 2023-10-01 2024-09-30 12913766 frs-core:ComputerEquipment 2023-09-30 12913766 frs-core:WithinOneYear 2024-09-30 12913766 frs-core:ShareCapital 2024-09-30 12913766 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 12913766 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12913766 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 12913766 frs-bus:SmallEntities 2023-10-01 2024-09-30 12913766 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 12913766 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 12913766 frs-bus:OrdinaryShareClass1 2023-10-01 2024-09-30 12913766 frs-bus:OrdinaryShareClass1 2024-09-30 12913766 frs-bus:OrdinaryShareClass2 2023-10-01 2024-09-30 12913766 frs-bus:OrdinaryShareClass2 2024-09-30 12913766 frs-bus:Director1 2023-10-01 2024-09-30 12913766 frs-bus:Director1 2023-09-30 12913766 frs-bus:Director1 2024-09-30 12913766 frs-bus:Director2 2023-10-01 2024-09-30 12913766 frs-core:CurrentFinancialInstruments 1 2024-09-30 12913766 frs-countries:EnglandWales 2023-10-01 2024-09-30 12913766 2022-09-30 12913766 2023-09-30 12913766 2022-10-01 2023-09-30 12913766 frs-core:CurrentFinancialInstruments 2023-09-30 12913766 frs-core:Non-currentFinancialInstruments 2023-09-30 12913766 frs-core:BetweenOneFiveYears 2023-09-30 12913766 frs-core:WithinOneYear 2023-09-30 12913766 frs-core:ShareCapital 2023-09-30 12913766 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 12913766 frs-bus:OrdinaryShareClass1 2022-10-01 2023-09-30 12913766 frs-bus:OrdinaryShareClass2 2022-10-01 2023-09-30 12913766 frs-core:CurrentFinancialInstruments 1 2023-09-30
Registered number: 12913766
AWC Staff Services Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Root Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 12913766
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,033 6,805
3,033 6,805
CURRENT ASSETS
Debtors 5 2,276,590 1,384,619
Cash at bank and in hand 13,330 31,403
2,289,920 1,416,022
Creditors: Amounts Falling Due Within One Year 6 (2,264,461 ) (1,449,136 )
NET CURRENT ASSETS (LIABILITIES) 25,459 (33,114 )
TOTAL ASSETS LESS CURRENT LIABILITIES 28,492 (26,309 )
Creditors: Amounts Falling Due After More Than One Year 7 (24,651 ) (26,619 )
NET ASSETS/(LIABILITIES) 3,841 (52,928 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 3,741 (53,028 )
SHAREHOLDERS' FUNDS 3,841 (52,928)
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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 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
Mrs Lucy Caine
Director
17/02/2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
AWC Staff Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12913766 . The registered office is Suite 4 , Sandown House, Sandbeck Way, Wetherby, LS22 7DN.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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:
Computer Equipment 33.3%- straight line method
2.5. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and 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.
2.6. 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.
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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2.6. 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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 9 (2023: 10)
9 10
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 October 2023 11,316
As at 30 September 2024 11,316
Depreciation
As at 1 October 2023 4,511
Provided during the period 3,772
As at 30 September 2024 8,283
Net Book Value
As at 30 September 2024 3,033
As at 1 October 2023 6,805
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,704,326 1,006,136
Prepayments and accrued income 750 10,680
Interco Account 131,913 88,549
Other debtor 149,806 71,103
Directors' loan accounts 289,795 208,151
2,276,590 1,384,619
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 3,128 3,128
Trade creditors 496,290 407,191
Bank loans and overdrafts 84,526 104,833
Other taxes and social security 467,211 226,438
Other creditors 1,213,151 707,446
Accruals and deferred income 155 100
2,264,461 1,449,136
The balance of £1,210,879 relates to the factoring company ''RBS Invoice Finance Limited''. ''RBS Invoice Finance Limited'' holds a fixed and floating charge against AWC Staff Services Limited.
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 4,651 7,779
Bank loans - 18,840
Other loans 20,000 -
24,651 26,619
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 3,128 3,128
Later than one year and not later than five years 4,651 7,779
7,779 10,907
7,779 10,907
9. Share Capital
2024 2023
Allotted, called up and fully paid £ £
50 Ordinary Shares of £ 1.00 each 50 50
50 Ordinary A shares of £ 1.00 each 50 50
100 100
Ordinary A shares have full rights regarding voting, payment of dividends and distributions.
Ordinary shares have full rights in the company with respect to voting and distributions. The right to receive a dividend to be considered separately by the directors of the company in deciding whether a dividend should be paid and the amount of that dividend.
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10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 October 2023 Amounts advanced Amounts repaid Amounts written off As at 30 September 2024
£ £ £ £ £
Mrs Lucy Caine 208,151 324,407 242,763 - 289,795
At the yearend, the director owed £289,795 to the company. Interest has been charged on overdrawn balance, amounting to £3,429.22.
11. Related Party Transactions
Related Party Transactions
Lucy Caine and Andrew Caine are directors of AWC Staff Services Limited and also directors of AWC Construction Services Ltd, AWC Property Services Limited and AWC Plant Hire Limited.
AWC Property Services Limited
Lucy Caine and Andrew Caine are directors of AWC Staff Services Ltd and AWC Property Services Limited.
AWC Property Services Limited owes to AWC Staff Services Ltd at the year end an amount of £36,820 (2023-£27,190).
AWC Construction Services Limited
Lucy Caine and Andrew Caine are directors of AWC Staff Services Ltd and AWC Construction Services Limited.
AWC Construction Services Limited owes to AWC Staff Services Ltd at the year end an amount of £45,019 (2023-£36,526).
AWC Plant Hire Limited
Lucy Caine and Andrew Caine are directors of AWC Staff Services Ltd and AWC Plant Hire Limited.
AWC Plant Hire Limited owes to AWC Staff Services Ltd at the year end an amount of £Nil (2023-£697).
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