Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 07289739 Mr Brent Haigh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07289739 2023-06-30 07289739 2024-06-30 07289739 2023-07-01 2024-06-30 07289739 frs-core:CurrentFinancialInstruments 2024-06-30 07289739 frs-core:Non-currentFinancialInstruments 2024-06-30 07289739 frs-core:ComputerEquipment 2024-06-30 07289739 frs-core:ComputerEquipment 2023-07-01 2024-06-30 07289739 frs-core:ComputerEquipment 2023-06-30 07289739 frs-core:NetGoodwill 2024-06-30 07289739 frs-core:NetGoodwill 2023-07-01 2024-06-30 07289739 frs-core:NetGoodwill 2023-06-30 07289739 frs-core:MotorVehicles 2024-06-30 07289739 frs-core:MotorVehicles 2023-07-01 2024-06-30 07289739 frs-core:MotorVehicles 2023-06-30 07289739 frs-core:PlantMachinery 2024-06-30 07289739 frs-core:PlantMachinery 2023-07-01 2024-06-30 07289739 frs-core:PlantMachinery 2023-06-30 07289739 frs-core:ShareCapital 2024-06-30 07289739 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 07289739 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 07289739 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 07289739 frs-bus:SmallEntities 2023-07-01 2024-06-30 07289739 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 07289739 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 07289739 frs-bus:Director1 2023-07-01 2024-06-30 07289739 frs-countries:EnglandWales 2023-07-01 2024-06-30 07289739 2022-06-30 07289739 2023-06-30 07289739 2022-07-01 2023-06-30 07289739 frs-core:CurrentFinancialInstruments 2023-06-30 07289739 frs-core:Non-currentFinancialInstruments 2023-06-30 07289739 frs-core:ShareCapital 2023-06-30 07289739 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 07289739
Embers Installations Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07289739
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 11,400 13,300
Tangible Assets 5 2,242 1,958
13,642 15,258
CURRENT ASSETS
Stocks 6 24,867 22,400
Debtors 7 40,173 32,279
Cash at bank and in hand 35,789 58,387
100,829 113,066
Creditors: Amounts Falling Due Within One Year 8 (26,409 ) (36,296 )
NET CURRENT ASSETS (LIABILITIES) 74,420 76,770
TOTAL ASSETS LESS CURRENT LIABILITIES 88,062 92,028
Creditors: Amounts Falling Due After More Than One Year 9 (3,533 ) (11,046 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (559 ) (392 )
NET ASSETS 83,970 80,590
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 83,870 80,490
SHAREHOLDERS' FUNDS 83,970 80,590
Page 1
Page 2
For the year ending 30 June 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 Brent Haigh
Director
13/12/2024
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
Embers Installations Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07289739 . The registered office is 28 Monk Bridge Road, Leeds, West Yorkshire, LS6 4ER.
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
Computer Equipment 33.33% 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.
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 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: 8 (2023: 8)
8 8
4. Intangible Assets
Goodwill
£
Cost
As at 1 July 2023 38,000
As at 30 June 2024 38,000
Amortisation
As at 1 July 2023 24,700
Provided during the period 1,900
As at 30 June 2024 26,600
Net Book Value
As at 30 June 2024 11,400
As at 1 July 2023 13,300
5. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 July 2023 1,270 7,000 2,696 10,966
Additions - 525 325 850
As at 30 June 2024 1,270 7,525 3,021 11,816
Depreciation
As at 1 July 2023 313 6,067 2,628 9,008
Provided during the period 239 277 50 566
As at 30 June 2024 552 6,344 2,678 9,574
Net Book Value
As at 30 June 2024 718 1,181 343 2,242
As at 1 July 2023 957 933 68 1,958
6. Stocks
2024 2023
£ £
Stock and work in progress 24,867 22,400
Page 4
Page 5
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 8,399 2,681
Prepayments and accrued income 438 425
Other debtors 2,163 -
Amounts owed by group undertakings 29,173 29,173
40,173 32,279
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 12,636 18,996
Bank loans and overdrafts 4,800 3,864
Corporation tax 1,806 4,588
Other taxes and social security 1,659 1,905
VAT 4,025 3,585
Other creditors 945 -
Accruals and deferred income 270 270
Director's loan account 268 406
Payments on account - 2,682
26,409 36,296
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 3,533 11,046
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
11. Related Party Transactions
In other debtors amounts due under one year is an amount £29,173 (2023: £29,173) owed by BBH Barrand limited. This is a company under common control, the loan is interest free and repayble on demand.
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