Acorah Software Products - Accounts Production 16.1.300 false true true 31 December 2023 1 January 2023 false 21 March 2025 1 January 2024 31 December 2024 31 December 2024 06741675 Dietmar Everding Clair Shannon-Patterson Erismann & Cie. GmbH Hafenstraße 19, 79206 Breisach, Germany true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06741675 2023-12-31 06741675 2024-12-31 06741675 2024-01-01 2024-12-31 06741675 frs-core:CurrentFinancialInstruments 2024-12-31 06741675 frs-core:ComputerEquipment 2024-12-31 06741675 frs-core:ComputerEquipment 2024-01-01 2024-12-31 06741675 frs-core:ComputerEquipment 2023-12-31 06741675 frs-core:MotorVehicles 2024-12-31 06741675 frs-core:MotorVehicles 2024-01-01 2024-12-31 06741675 frs-core:MotorVehicles 2023-12-31 06741675 frs-core:ShareCapital 2024-12-31 06741675 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 06741675 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 06741675 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 06741675 frs-bus:SmallEntities 2024-01-01 2024-12-31 06741675 frs-bus:Audited 2024-01-01 2024-12-31 06741675 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 06741675 1 2024-01-01 2024-12-31 06741675 frs-bus:Director1 2024-01-01 2024-12-31 06741675 frs-bus:Director2 2024-01-01 2024-12-31 06741675 frs-countries:EnglandWales 2024-01-01 2024-12-31 06741675 2022-12-31 06741675 2023-12-31 06741675 2023-01-01 2023-12-31 06741675 frs-core:CurrentFinancialInstruments 2023-12-31 06741675 frs-core:ShareCapital 2023-12-31 06741675 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 06741675
Erismann Wallcoverings Limited
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06741675
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 37,723 65,585
37,723 65,585
CURRENT ASSETS
Stocks 5 - 7,296
Debtors 6 135,971 111,752
Cash at bank and in hand 45,518 41,918
181,489 160,966
Creditors: Amounts Falling Due Within One Year 7 (809,004 ) (742,330 )
NET CURRENT ASSETS (LIABILITIES) (627,515 ) (581,364 )
TOTAL ASSETS LESS CURRENT LIABILITIES (589,792 ) (515,779 )
NET LIABILITIES (589,792 ) (515,779 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (589,793 ) (515,780 )
SHAREHOLDERS' FUNDS (589,792) (515,779)
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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
Dietmar Everding
Director
21 March 2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Erismann Wallcoverings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06741675 . The registered office is 5 Ribblesdale Place, Preston, Lancashire, PR1 8BZ.
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. Going Concern Disclosure
The company is reliant on the continued support from the parent undertaking, Erismann & Cie. GmbH.
2.3. 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.
2.4. 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:
Motor vehicles - 20% on written down value
Computer equipment - 15% on cost
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.
2.7. Pensions
Contributions to defined contribution plans are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 2)
3 2
4. Tangible Assets
Motor vehicles Computer equipment Total
£ £ £
Cost
As at 1 January 2024 77,608 1,434 79,042
Additions - 1,061 1,061
Disposals (31,231 ) - (31,231 )
As at 31 December 2024 46,377 2,495 48,872
Depreciation
As at 1 January 2024 13,122 335 13,457
Provided during the period 15,120 303 15,423
Disposals (17,731 ) - (17,731 )
As at 31 December 2024 10,511 638 11,149
Net Book Value
As at 31 December 2024 35,866 1,857 37,723
As at 1 January 2024 64,486 1,099 65,585
5. Stocks
2024 2023
£ £
Finished goods - 7,296
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 128,603 103,217
Other debtors 7,368 8,535
135,971 111,752
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,127 4,614
Amounts owed to group undertakings 761,005 702,503
Other creditors 8,834 15,250
Taxation and social security 36,038 19,963
809,004 742,330
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Related Party Transactions
Transactions and balances with the company's parent undertaking, Erismann & Cie. GmbH are as follows:-
(a) Purchases - £683,965
(b) Other interest - £40,234
(c) Management charges - £75,837
(d) Creditors: Amounts falling due within one year - £761,005
10. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
11. Ultimate Parent Undertaking and Controlling Party
The company's ultimate parent undertaking is Erismann & Cie. GmbH . Hafenstraße 19, 79206 Breisach, Germany .
12. Audit Information
The auditor's report on the accounts of Erismann Wallcoverings Limited for the year ended 31 December 2024 was unqualified.
The auditor's report was signed by Jonathan Hughes-Deane FCA (Senior Statutory Auditor) for and on behalf of Whitehead & Aldrich , Statutory Auditor.
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