Acorah Software Products - Accounts Production 16.1.300 false true 29 March 2023 30 March 2022 false 30 March 2023 28 March 2024 28 March 2024 11150744 Mrs A Crabtree Mr S Crabtree iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11150744 2023-03-29 11150744 2024-03-28 11150744 2023-03-30 2024-03-28 11150744 frs-core:CurrentFinancialInstruments 2024-03-28 11150744 frs-core:Non-currentFinancialInstruments 2024-03-28 11150744 frs-core:PlantMachinery 2024-03-28 11150744 frs-core:PlantMachinery 2023-03-30 2024-03-28 11150744 frs-core:PlantMachinery 2023-03-29 11150744 frs-core:ShareCapital 2024-03-28 11150744 frs-core:RetainedEarningsAccumulatedLosses 2024-03-28 11150744 frs-bus:PrivateLimitedCompanyLtd 2023-03-30 2024-03-28 11150744 frs-bus:FilletedAccounts 2023-03-30 2024-03-28 11150744 frs-bus:SmallEntities 2023-03-30 2024-03-28 11150744 frs-bus:AuditExempt-NoAccountantsReport 2023-03-30 2024-03-28 11150744 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-30 2024-03-28 11150744 1 2023-03-30 2024-03-28 11150744 frs-bus:Director1 2023-03-30 2024-03-28 11150744 frs-bus:Director2 2023-03-30 2024-03-28 11150744 frs-countries:EnglandWales 2023-03-30 2024-03-28 11150744 2022-03-29 11150744 2023-03-29 11150744 2022-03-30 2023-03-29 11150744 frs-core:CurrentFinancialInstruments 2023-03-29 11150744 frs-core:Non-currentFinancialInstruments 2023-03-29 11150744 frs-core:ShareCapital 2023-03-29 11150744 frs-core:RetainedEarningsAccumulatedLosses 2023-03-29
Registered number: 11150744
S J Crabtree (Farms) Limited
Unaudited Financial Statements
For The Year Ended 28 March 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 11150744
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 112,915 149,540
112,915 149,540
CURRENT ASSETS
Stocks 1,585,200 485,000
Debtors 5 169,337 106,337
1,754,537 591,337
Creditors: Amounts Falling Due Within One Year 6 (1,511,369 ) (490,631 )
NET CURRENT ASSETS (LIABILITIES) 243,168 100,706
TOTAL ASSETS LESS CURRENT LIABILITIES 356,083 250,246
Creditors: Amounts Falling Due After More Than One Year 7 (35,428 ) (33,843 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (28,000 ) (37,000 )
NET ASSETS 292,655 179,403
CAPITAL AND RESERVES
Called up share capital 100 100
Income Statement 292,555 179,303
SHAREHOLDERS' FUNDS 292,655 179,403
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For the year ending 28 March 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 Income Statement.
On behalf of the board
Mr S Crabtree
Director
14/03/2025
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
S J Crabtree (Farms) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11150744 . The registered office is Top Barn Farm, Pearsons Lane, Eckington, Pershore, Worcestershire, WR10 3FA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements are prepared under the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
2.2. Turnover
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:
Sale of goods
Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
  • the Company has transferred the significant risks and rewards of ownership to the buyer;
  • the Company retains neither continuing managerial involvement to the degree usuallyassociated with ownership nor effective control over the goods sold;
  • the amount of revenue can be measured reliably;
  • it is probable that the Company will receive the consideration due under the transaction; and
  • the costs incurred or to be incurred in respect of the transaction can be measured 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 20% straight line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under hire purchase contracts are depreciated over their useful lives.
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. Financial Instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transactions price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
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2.7. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
2.8. Pensions
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
2.9. Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period is arises.
2.10. Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs.
The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cashgenerating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
4. Tangible Assets
Plant & Machinery
£
Cost
As at 30 March 2023 334,832
Additions 37,927
As at 28 March 2024 372,759
Depreciation
As at 30 March 2023 185,292
Provided during the period 74,552
As at 28 March 2024 259,844
...CONTINUED
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Net Book Value
As at 28 March 2024 112,915
As at 30 March 2023 149,540
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 162,706 86,706
VAT 6,631 19,631
169,337 106,337
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 6,366 17,828
Trade creditors 42,977 84,977
Bank loans and overdrafts 65,797 173,915
Other taxes and social security 17,432 7,432
Accruals and deferred income 1,085,000 5,000
Directors' loan accounts 293,797 201,479
1,511,369 490,631
Bank loans and overdrafts, and net obligations under hire purchase contracts are secured by the company.
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 35,428 6,834
Bank loans - 27,009
35,428 33,843
Bank loans and net obligations under hire purchase contracts are secured by the company.
8. Pension Commitments
The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £4,850 (2023 - £3,850).
9. Related Party Transactions
During the year, dividends of £4,000 (2023 - £4,000) were paid to the directors.
Included in creditors, amounts falling due within one year, are the following directors loan account balances:
Mr S Crabtree £272,297 (2023 - £178,479)
Mrs A Crabtree £21,500 (2023 - £23,000)
Both balances are interest free and repayable on demand.
10. Ultimate Controlling Party
The company is under the control of Mr S Crabtree.
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