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 04473458 Mr Mark Barr Mrs Susan Barr iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04473458 2023-08-31 04473458 2024-08-31 04473458 2023-09-01 2024-08-31 04473458 frs-core:ComputerEquipment 2023-09-01 2024-08-31 04473458 frs-core:NetGoodwill 2023-09-01 2024-08-31 04473458 frs-core:MotorVehicles 2023-09-01 2024-08-31 04473458 frs-core:PlantMachinery 2023-09-01 2024-08-31 04473458 frs-core:ShareCapital 2024-08-31 04473458 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 04473458 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 04473458 frs-bus:AbridgedAccounts 2023-09-01 2024-08-31 04473458 frs-bus:SmallEntities 2023-09-01 2024-08-31 04473458 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 04473458 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 04473458 frs-bus:Director1 2023-09-01 2024-08-31 04473458 frs-bus:Director1 2023-08-31 04473458 frs-bus:Director1 2024-08-31 04473458 frs-bus:CompanySecretary1 2023-09-01 2024-08-31 04473458 frs-countries:EnglandWales 2023-09-01 2024-08-31 04473458 2022-08-31 04473458 2023-08-31 04473458 2022-09-01 2023-08-31 04473458 frs-core:ShareCapital 2023-08-31 04473458 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 04473458
Barr Chimney Specialists Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 04473458
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 2,761 3,682
2,761 3,682
CURRENT ASSETS
Stocks 2,500 2,500
Debtors 4,030 11,943
Cash at bank and in hand 320 284
6,850 14,727
Creditors: Amounts Falling Due Within One Year (4,480 ) (14,902 )
NET CURRENT ASSETS (LIABILITIES) 2,370 (175 )
TOTAL ASSETS LESS CURRENT LIABILITIES 5,131 3,507
PROVISIONS FOR LIABILITIES
Deferred Taxation (525 ) (700 )
NET ASSETS 4,606 2,807
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 4,506 2,707
SHAREHOLDERS' FUNDS 4,606 2,807
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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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 August 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Mark Barr
Director
18/03/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
Barr Chimney Specialists Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04473458 . The registered office is Units 1-2 Warrior Court, 9-11 Mumby Road, Gosport, Hampshire, PO12 1BS.
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 rendering of services.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, has been amortised evenly over its estimated useful life of ten 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:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 25% reducing balance
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.
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2.6. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3. Average Number of Employees
The average number of persons employed under contracts of service during the year was 2 (2023: 2)
2 2
4. Intangible Assets
Total
£
Cost
As at 1 September 2023 15,000
As at 31 August 2024 15,000
Amortisation
As at 1 September 2023 15,000
As at 31 August 2024 15,000
Net Book Value
As at 31 August 2024 -
As at 1 September 2023 -
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5. Tangible Assets
Total
£
Cost
As at 1 September 2023 25,629
As at 31 August 2024 25,629
Depreciation
As at 1 September 2023 21,947
Provided during the period 921
As at 31 August 2024 22,868
Net Book Value
As at 31 August 2024 2,761
As at 1 September 2023 3,682
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
7. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 September 2023 Amounts advanced Amounts repaid Amounts written off As at 31 August 2024
£ £ £ £ £
Mr Mark Barr 9,337 13,900 (21,618 ) - 1,619
The above loan is unsecured, interest free and repayable on demand.
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