Acorah Software Products - Accounts Production 16.1.300 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 10938851 Mr S J Stirrat iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10938851 frs-core:CurrentFinancialInstruments frs-core:WithinOneYear 2024-08-31 10938851 frs-core:Non-currentFinancialInstruments frs-core:BetweenOneFiveYears 2024-08-31 10938851 2023-08-31 10938851 2024-08-31 10938851 2023-09-01 2024-08-31 10938851 frs-core:CurrentFinancialInstruments 2024-08-31 10938851 frs-core:Non-currentFinancialInstruments 2024-08-31 10938851 frs-core:ComputerEquipment 2024-08-31 10938851 frs-core:ComputerEquipment 2023-09-01 2024-08-31 10938851 frs-core:ComputerEquipment 2023-08-31 10938851 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-09-01 2024-08-31 10938851 frs-core:OtherResidualIntangibleAssets 2024-08-31 10938851 frs-core:OtherResidualIntangibleAssets 2023-08-31 10938851 frs-core:ShareCapital 2024-08-31 10938851 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 10938851 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 10938851 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 10938851 frs-bus:SmallEntities 2023-09-01 2024-08-31 10938851 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 10938851 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 10938851 frs-bus:Director1 2023-09-01 2024-08-31 10938851 frs-countries:EnglandWales 2023-09-01 2024-08-31 10938851 frs-core:CurrentFinancialInstruments frs-core:WithinOneYear 2023-08-31 10938851 frs-core:Non-currentFinancialInstruments frs-core:BetweenOneFiveYears 2023-08-31 10938851 2022-08-31 10938851 2023-08-31 10938851 2022-09-01 2023-08-31 10938851 frs-core:CurrentFinancialInstruments 2023-08-31 10938851 frs-core:Non-currentFinancialInstruments 2023-08-31 10938851 frs-core:ShareCapital 2023-08-31 10938851 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 10938851
Brockshill Limited
Financial Statements
For The Year Ended 31 August 2024
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 10938851
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 8,326 10,523
8,326 10,523
CURRENT ASSETS
Stocks 6 107,308 89,903
Debtors 7 42,497 23,317
Cash at bank and in hand 72,728 64,273
222,533 177,493
Creditors: Amounts Falling Due Within One Year 8 (69,941 ) (76,907 )
NET CURRENT ASSETS (LIABILITIES) 152,592 100,586
TOTAL ASSETS LESS CURRENT LIABILITIES 160,918 111,109
Creditors: Amounts Falling Due After More Than One Year 9 (28,733 ) (33,779 )
NET ASSETS 132,185 77,330
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account 132,085 77,230
SHAREHOLDERS' FUNDS 132,185 77,330
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For the year ending 31 August 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 S J Stirrat
Director
5 March 2025
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Brockshill Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10938851 . The registered office is Cobham House, 9 Warwick Court, London, WC1R 5DJ.
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.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are a website. It is amortised to profit and loss account over its estimated economic life of 5 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:
Computer Equipment 20% straight line
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. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.7. 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.
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.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.9. Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 2)
3 2
4. Intangible Assets
Other
£
Cost
As at 1 September 2023 15,516
As at 31 August 2024 15,516
Amortisation
As at 1 September 2023 15,516
As at 31 August 2024 15,516
Net Book Value
As at 31 August 2024 -
As at 1 September 2023 -
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5. Tangible Assets
Computer Equipment
£
Cost
As at 1 September 2023 23,761
Additions 3,195
As at 31 August 2024 26,956
Depreciation
As at 1 September 2023 13,238
Provided during the period 5,392
As at 31 August 2024 18,630
Net Book Value
As at 31 August 2024 8,326
As at 1 September 2023 10,523
6. Stocks
2024 2023
£ £
Stock 107,308 89,903
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 20,728 3,755
Other debtors 21,769 19,562
42,497 23,317
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 4,846 4,846
Other creditors 43,775 51,286
Taxation and social security 21,320 20,775
69,941 76,907
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9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 28,733 33,779
28,733 33,779
10. Loans
An analysis of the maturity of loans is given below:
2024 2023
£ £
Amounts falling due within one year or on demand:
Bank loans 4,846 4,846
4,846 4,846
2024 2023
£ £
Amounts falling due between one and five years:
Bank loans 28,733 33,779
28,733 33,779
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
12. Directors Advances, Credits and Guarantees
Included in other debtors due within one year is a loan to the director, Mr S J Stirrat, amounting to £2,207 (2023 - £Nil).
Included in other creditors due within one year is a loan from the director, Mr S J Stirrat, amounting to £Nil (2023 - £(40,525)).
The loan was repaid within 9 months of the year end.
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