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 05642865 Mr Patrick Brennan Mrs Helaine Brennan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05642865 2023-12-31 05642865 2024-12-31 05642865 2024-01-01 2024-12-31 05642865 frs-core:CurrentFinancialInstruments 2024-12-31 05642865 frs-core:ComputerEquipment 2024-12-31 05642865 frs-core:ComputerEquipment 2024-01-01 2024-12-31 05642865 frs-core:ComputerEquipment 2023-12-31 05642865 frs-core:FurnitureFittings 2024-12-31 05642865 frs-core:FurnitureFittings 2024-01-01 2024-12-31 05642865 frs-core:FurnitureFittings 2023-12-31 05642865 frs-core:MotorVehicles 2024-12-31 05642865 frs-core:MotorVehicles 2024-01-01 2024-12-31 05642865 frs-core:MotorVehicles 2023-12-31 05642865 frs-core:PlantMachinery 2024-12-31 05642865 frs-core:PlantMachinery 2024-01-01 2024-12-31 05642865 frs-core:PlantMachinery 2023-12-31 05642865 frs-core:ShareCapital 2024-12-31 05642865 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 05642865 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 05642865 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 05642865 frs-bus:SmallEntities 2024-01-01 2024-12-31 05642865 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 05642865 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 05642865 frs-bus:Director1 2024-01-01 2024-12-31 05642865 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 05642865 frs-countries:EnglandWales 2024-01-01 2024-12-31 05642865 2022-12-31 05642865 2023-12-31 05642865 2023-01-01 2023-12-31 05642865 frs-core:CurrentFinancialInstruments 2023-12-31 05642865 frs-core:ShareCapital 2023-12-31 05642865 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 05642865
Pat Brennan Pipe Fitters Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Accounting People Ltd
Devonshire House
582 Honeypot Lane
Stanmore
Middlesex
HA7 1JS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05642865
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 56,974 50,081
56,974 50,081
CURRENT ASSETS
Debtors 5 670,413 415,518
Cash at bank and in hand 682,729 1,233,312
1,353,142 1,648,830
Creditors: Amounts Falling Due Within One Year 6 (207,685 ) (244,274 )
NET CURRENT ASSETS (LIABILITIES) 1,145,457 1,404,556
TOTAL ASSETS LESS CURRENT LIABILITIES 1,202,431 1,454,637
NET ASSETS 1,202,431 1,454,637
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 1,202,331 1,454,537
SHAREHOLDERS' FUNDS 1,202,431 1,454,637
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 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 Patrick Brennan
Director
04/03/2025
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
Pat Brennan Pipe Fitters Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05642865 . The registered office is Devonshire House, 582 Honeypot Lane, Stanmore, HA7 1JS.
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.
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
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 12,604 92,120 5,000 11,786 121,510
Additions - 29,485 - 1,218 30,703
Disposals - (28,935 ) - - (28,935 )
As at 31 December 2024 12,604 92,670 5,000 13,004 123,278
Depreciation
As at 1 January 2024 12,604 48,581 1,250 8,994 71,429
Provided during the period - 21,325 1,250 1,235 23,810
Disposals - (28,935 ) - - (28,935 )
As at 31 December 2024 12,604 40,971 2,500 10,229 66,304
Net Book Value
As at 31 December 2024 - 51,699 2,500 2,775 56,974
As at 1 January 2024 - 43,539 3,750 2,792 50,081
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Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 604,015 336,307
Prepayments and accrued income 12,142 7,655
VAT 54,256 71,556
670,413 415,518
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 169,785 119,716
Other taxes and social security 20,839 12,220
Other creditors 8,606 748
Accruals and deferred income 3,850 3,850
Director's loan account 4,605 107,740
207,685 244,274
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 756,500 174,860
Page 4