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 06631146 Mr John Devine Mrs Debra Williams Mr John Sanderson Mrs Christine Sanderson Mr Stuart Williams Mr Dominic Ormondroyd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06631146 2023-06-30 06631146 2024-06-30 06631146 2023-07-01 2024-06-30 06631146 frs-core:CurrentFinancialInstruments 2024-06-30 06631146 frs-core:Non-currentFinancialInstruments 2024-06-30 06631146 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 06631146 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 06631146 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-30 06631146 frs-core:MotorVehicles 2024-06-30 06631146 frs-core:MotorVehicles 2023-07-01 2024-06-30 06631146 frs-core:MotorVehicles 2023-06-30 06631146 frs-core:PlantMachinery 2024-06-30 06631146 frs-core:PlantMachinery 2023-07-01 2024-06-30 06631146 frs-core:PlantMachinery 2023-06-30 06631146 frs-core:ShareCapital 2024-06-30 06631146 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 06631146 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 06631146 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 06631146 frs-bus:SmallEntities 2023-07-01 2024-06-30 06631146 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 06631146 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 06631146 frs-bus:Director1 2023-07-01 2024-06-30 06631146 frs-bus:Director2 2023-07-01 2024-06-30 06631146 frs-bus:Director3 2023-07-01 2024-06-30 06631146 frs-bus:Director4 2023-07-01 2024-06-30 06631146 frs-bus:Director5 2023-07-01 2024-06-30 06631146 frs-bus:Director6 2023-07-01 2024-06-30 06631146 frs-core:CurrentFinancialInstruments 1 2024-06-30 06631146 frs-core:CurrentFinancialInstruments 3 2024-06-30 06631146 frs-countries:EnglandWales 2023-07-01 2024-06-30 06631146 2022-06-30 06631146 2023-06-30 06631146 2022-07-01 2023-06-30 06631146 frs-core:CurrentFinancialInstruments 2023-06-30 06631146 frs-core:Non-currentFinancialInstruments 2023-06-30 06631146 frs-core:ShareCapital 2023-06-30 06631146 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 06631146 frs-core:CurrentFinancialInstruments 1 2023-06-30 06631146 frs-core:CurrentFinancialInstruments 3 2023-06-30
Registered number: 06631146
Floortrain (GB) Limited
Financial Statements
For The Year Ended 30 June 2024
Pisces Accounts Limited
Aizlewood's Mill
Nursery Street
Sheffield
South Yorkshire
S3 8GG
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 06631146
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 57,789 77,052
57,789 77,052
CURRENT ASSETS
Debtors 5 520,752 520,752
Cash at bank and in hand 22,061 64,585
542,813 585,337
Creditors: Amounts Falling Due Within One Year 6 (106,937 ) (327,935 )
NET CURRENT ASSETS (LIABILITIES) 435,876 257,402
TOTAL ASSETS LESS CURRENT LIABILITIES 493,665 334,454
Creditors: Amounts Falling Due After More Than One Year 7 (239,826 ) (19,911 )
NET ASSETS 253,839 314,543
CAPITAL AND RESERVES
Called up share capital 8 206 200
Income Statement 253,633 314,343
SHAREHOLDERS' FUNDS 253,839 314,543
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 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 Stuart Williams
Director
14th March 2025
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
Floortrain (GB) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06631146 . The registered office is Hollyhouse, 3 Lawn Road, Doncaster, South Yorkshire, DN1 2JF.
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:
Freehold 25% reducing balance
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
2.4. 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.
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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 13 (2023: 13)
13 13
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 July 2023 1,164 71,812 248,979 321,955
As at 30 June 2024 1,164 71,812 248,979 321,955
Depreciation
As at 1 July 2023 1,138 63,608 180,157 244,903
Provided during the period 6 2,051 17,206 19,263
As at 30 June 2024 1,144 65,659 197,363 264,166
Net Book Value
As at 30 June 2024 20 6,153 51,616 57,789
As at 1 July 2023 26 8,204 68,822 77,052
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 520,752 520,752
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 46,998 16,500
Bank loans and overdrafts 10,268 10,014
Corporation tax 30,105 41,529
Other taxes and social security 13,260 7,446
Wages Payable - 9,482
Commercial Credit Card 2,245 8,381
Pension Creditor 937 873
Accruals and deferred income - 217,558
Directors' loan accounts 3,124 16,152
106,937 327,935
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 9,646 19,911
Accruals and deferred income 230,180 -
239,826 19,911
Page 4
Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 206 200
Page 5