Acorah Software Products - Accounts Production 16.1.300 false true 31 January 2024 18 January 2023 false 1 February 2024 31 January 2025 31 January 2025 14600508 Mr Joseph Mcnamara Miss Katie Bond iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14600508 2024-01-31 14600508 2025-01-31 14600508 2024-02-01 2025-01-31 14600508 frs-core:CurrentFinancialInstruments 2025-01-31 14600508 frs-core:Non-currentFinancialInstruments 2025-01-31 14600508 frs-core:ComputerEquipment 2025-01-31 14600508 frs-core:ComputerEquipment 2024-02-01 2025-01-31 14600508 frs-core:ComputerEquipment 2024-01-31 14600508 frs-core:FurnitureFittings 2025-01-31 14600508 frs-core:FurnitureFittings 2024-02-01 2025-01-31 14600508 frs-core:FurnitureFittings 2024-01-31 14600508 frs-core:MotorVehicles 2025-01-31 14600508 frs-core:MotorVehicles 2024-02-01 2025-01-31 14600508 frs-core:MotorVehicles 2024-01-31 14600508 frs-core:PlantMachinery 2025-01-31 14600508 frs-core:PlantMachinery 2024-02-01 2025-01-31 14600508 frs-core:PlantMachinery 2024-01-31 14600508 frs-core:ShareCapital 2025-01-31 14600508 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 14600508 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 14600508 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 14600508 frs-bus:SmallEntities 2024-02-01 2025-01-31 14600508 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 14600508 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 14600508 frs-bus:Director1 2024-02-01 2025-01-31 14600508 frs-bus:Director2 2024-02-01 2025-01-31 14600508 frs-countries:EnglandWales 2024-02-01 2025-01-31 14600508 2023-01-17 14600508 2024-01-31 14600508 2023-01-18 2024-01-31 14600508 frs-core:CurrentFinancialInstruments 2024-01-31 14600508 frs-core:Non-currentFinancialInstruments 2024-01-31 14600508 frs-core:ShareCapital 2024-01-31 14600508 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 14600508
Traditional Oak Joiners Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2025
Every Penny Accounts
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14600508
31 January 2025 31 January 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 90,387 99,079
90,387 99,079
CURRENT ASSETS
Debtors 5 4,620 24,489
Cash at bank and in hand 992 1,181
5,612 25,670
Creditors: Amounts Falling Due Within One Year 6 (10,176 ) (34,860 )
NET CURRENT ASSETS (LIABILITIES) (4,564 ) (9,190 )
TOTAL ASSETS LESS CURRENT LIABILITIES 85,823 89,889
Creditors: Amounts Falling Due After More Than One Year 7 (61,008 ) (70,540 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (17,173 ) (18,825 )
NET ASSETS 7,642 524
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 7,640 522
SHAREHOLDERS' FUNDS 7,642 524
Page 1
Page 2
For the year ending 31 January 2025 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
Miss Katie Bond
Director
21/02/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Traditional Oak Joiners Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14600508 . The registered office is The Old Stables, Duckhurst Barn, Clapper Lane, Staplehurst, Kent, TN12 0JW.
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 25% Straight Line
Motor Vehicles 25% Straight Line
Fixtures & Fittings 25% Straight Line
Computer Equipment 25% 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 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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2.5. 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 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 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: 3 (2024: 2)
3 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 February 2024 45,369 82,593 1,642 2,500 132,104
Additions 3,242 - 500 1,173 4,915
As at 31 January 2025 48,611 82,593 2,142 3,673 137,019
Depreciation
As at 1 February 2024 11,342 20,648 410 625 33,025
Provided during the period 12,153 - 536 918 13,607
As at 31 January 2025 23,495 20,648 946 1,543 46,632
Net Book Value
As at 31 January 2025 25,116 61,945 1,196 2,130 90,387
As at 1 February 2024 34,027 61,945 1,232 1,875 99,079
5. Debtors
31 January 2025 31 January 2024
£ £
Due within one year
Trade debtors - 19,680
Other debtors 233 4,809
233 24,489
Due after more than one year
Other debtors 4,387 -
4,620 24,489
6. Creditors: Amounts Falling Due Within One Year
31 January 2025 31 January 2024
£ £
Net obligations under finance lease and hire purchase contracts 10,172 10,172
Trade creditors 2 1
Other creditors 2 24,687
10,176 34,860
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7. Creditors: Amounts Falling Due After More Than One Year
31 January 2025 31 January 2024
£ £
Net obligations under finance lease and hire purchase contracts 61,008 70,540
8. Share Capital
31 January 2025 31 January 2024
£ £
Allotted, Called up and fully paid 2 2
9. Related Party Transactions
As at 31st January 2025 there is an amount of £2 owed to a Director of the company (at 31st January 2024 £87), this is repayable on demand and does not attract any interest.
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