Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 11934580 Mrs Susan Bower Mr William Bower Mr Martin Bower iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11934580 2023-05-31 11934580 2024-05-31 11934580 2023-06-01 2024-05-31 11934580 frs-core:CurrentFinancialInstruments 2024-05-31 11934580 frs-core:Non-currentFinancialInstruments 2024-05-31 11934580 frs-core:BetweenOneFiveYears 2024-05-31 11934580 frs-core:FurnitureFittings 2024-05-31 11934580 frs-core:FurnitureFittings 2023-06-01 2024-05-31 11934580 frs-core:FurnitureFittings 2023-05-31 11934580 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-31 11934580 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 11934580 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-31 11934580 frs-core:MotorVehicles 2024-05-31 11934580 frs-core:MotorVehicles 2023-06-01 2024-05-31 11934580 frs-core:MotorVehicles 2023-05-31 11934580 frs-core:PlantMachinery 2024-05-31 11934580 frs-core:PlantMachinery 2023-06-01 2024-05-31 11934580 frs-core:PlantMachinery 2023-05-31 11934580 frs-core:ShareCapital 2024-05-31 11934580 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 11934580 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 11934580 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 11934580 frs-bus:SmallEntities 2023-06-01 2024-05-31 11934580 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 11934580 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 11934580 frs-bus:Director1 2023-06-01 2024-05-31 11934580 frs-bus:Director2 2023-06-01 2024-05-31 11934580 frs-bus:Director3 2023-06-01 2024-05-31 11934580 frs-countries:EnglandWales 2023-06-01 2024-05-31 11934580 2022-05-31 11934580 2023-05-31 11934580 2022-06-01 2023-05-31 11934580 frs-core:CurrentFinancialInstruments 2023-05-31 11934580 frs-core:Non-currentFinancialInstruments 2023-05-31 11934580 frs-core:BetweenOneFiveYears 2023-05-31 11934580 frs-core:ShareCapital 2023-05-31 11934580 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 11934580
W G Bower & Son Ltd.
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11934580
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,244,993 1,218,848
1,244,993 1,218,848
CURRENT ASSETS
Stocks 5 145,056 133,189
Debtors 6 36,526 79,432
Cash at bank and in hand 22,537 42,014
204,119 254,635
Creditors: Amounts Falling Due Within One Year 7 (687,009 ) (608,883 )
NET CURRENT ASSETS (LIABILITIES) (482,890 ) (354,248 )
TOTAL ASSETS LESS CURRENT LIABILITIES 762,103 864,600
Creditors: Amounts Falling Due After More Than One Year 8 (198,886 ) (314,205 )
NET ASSETS 563,217 550,395
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 563,117 550,295
SHAREHOLDERS' FUNDS 563,217 550,395
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For the year ending 31 May 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 Profit and Loss Account.
On behalf of the board
Mr William Bower
Director
03/03/2025
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
W G Bower & Son Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 11934580 . The registered office is The Lawns Farm, Calverhall, Whitchurch, Shropshire, SY13 4PS.
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 N/A
Plant & Machinery 10% Reducing Balance
Motor Vehicles 20% Reducing Balance
Fixtures & Fittings 20% Reducing Balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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
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.
2.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 June 2023 276,881 887,641 27,323 511,120 1,702,965
Additions - 284,718 - - 284,718
Disposals - (175,700 ) - - (175,700 )
As at 31 May 2024 276,881 996,659 27,323 511,120 1,811,983
Depreciation
As at 1 June 2023 - 255,461 16,132 212,524 484,117
Provided during the period - 80,031 2,238 59,719 141,988
Disposals - (59,115 ) - - (59,115 )
As at 31 May 2024 - 276,377 18,370 272,243 566,990
...CONTINUED
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Net Book Value
As at 31 May 2024 276,881 720,282 8,953 238,877 1,244,993
As at 1 June 2023 276,881 632,180 11,191 298,596 1,218,848
5. Stocks
2024 2023
£ £
Finished Goods and Goods for resale 145,056 133,189
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 35,546 77,472
Due after more than one year
Other debtors 980 1,960
36,526 79,432
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 21,780 5,746
Bank loans and overdrafts - 980
Corporation Tax Payable 3,451 10,466
VAT 11,329 9,725
Accruals 3,650 3,500
Directors' loan accounts 646,799 578,466
687,009 608,883
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 169,730 277,798
Bank loans 29,156 36,407
198,886 314,205
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years 169,730 277,798
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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