Acorah Software Products - Accounts Production 16.1.300 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 07093248 Mr Richard Gambling Mrs Hazel Gambling iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07093248 2023-10-31 07093248 2024-10-31 07093248 2023-11-01 2024-10-31 07093248 frs-core:CurrentFinancialInstruments 2024-10-31 07093248 frs-core:Non-currentFinancialInstruments 2024-10-31 07093248 frs-core:BetweenOneFiveYears 2024-10-31 07093248 frs-core:MotorVehicles 2024-10-31 07093248 frs-core:MotorVehicles 2023-11-01 2024-10-31 07093248 frs-core:MotorVehicles 2023-10-31 07093248 frs-core:PlantMachinery 2024-10-31 07093248 frs-core:PlantMachinery 2023-11-01 2024-10-31 07093248 frs-core:PlantMachinery 2023-10-31 07093248 frs-core:WithinOneYear 2024-10-31 07093248 frs-core:ShareCapital 2024-10-31 07093248 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 07093248 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 07093248 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 07093248 frs-bus:SmallEntities 2023-11-01 2024-10-31 07093248 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 07093248 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 07093248 frs-core:CostValuation 2023-10-31 07093248 frs-core:CostValuation 2024-10-31 07093248 frs-core:ProvisionsForImpairmentInvestments 2023-10-31 07093248 frs-core:ProvisionsForImpairmentInvestments 2024-10-31 07093248 frs-bus:Director1 2023-11-01 2024-10-31 07093248 frs-bus:Director2 2023-11-01 2024-10-31 07093248 frs-countries:EnglandWales 2023-11-01 2024-10-31 07093248 2022-10-31 07093248 2023-10-31 07093248 2022-11-01 2023-10-31 07093248 frs-core:CurrentFinancialInstruments 2023-10-31 07093248 frs-core:Non-currentFinancialInstruments 2023-10-31 07093248 frs-core:BetweenOneFiveYears 2023-10-31 07093248 frs-core:WithinOneYear 2023-10-31 07093248 frs-core:ShareCapital 2023-10-31 07093248 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 07093248
Grm Specialist Windows Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07093248
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 137,325
Investments 5 301,500 301,500
301,500 438,825
CURRENT ASSETS
Debtors 6 222,522 75,189
Cash at bank and in hand 26,167 109,729
248,689 184,918
Creditors: Amounts Falling Due Within One Year 7 (43,404 ) (28,868 )
NET CURRENT ASSETS (LIABILITIES) 205,285 156,050
TOTAL ASSETS LESS CURRENT LIABILITIES 506,785 594,875
Creditors: Amounts Falling Due After More Than One Year 8 (27,389 ) (38,722 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (22,107 )
NET ASSETS 479,396 534,046
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 479,296 533,946
SHAREHOLDERS' FUNDS 479,396 534,046
Page 1
Page 2
For the year ending 31 October 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 Richard Gambling
Director
27/02/2025
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
Grm Specialist Windows Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07093248 . The registered office is Elfed House Oak Tree Court Mulberry Drive, Pontprennau, Cardiff, CF23 8RS.
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 represents amounts receivable in respect of management fees and the recharge of expenses to its subsidiary.
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:
Plant & Machinery 10% on cost
Motor Vehicles 25% on cost
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. 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 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.
2.6. Preparation of consolidated financial statements
The financial statements contain information about GRM Specialist Windows Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 3)
2 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 November 2023 316,927 62,784 379,711
Disposals - (28,361 ) (28,361 )
Transfers (316,927 ) (34,423 ) (351,350 )
As at 31 October 2024 - - -
Depreciation
As at 1 November 2023 205,419 36,967 242,386
Provided during the period 45,386 8,606 53,992
Disposals - (28,361 ) (28,361 )
Transfers (250,805 ) (17,212 ) (268,017 )
As at 31 October 2024 - - -
Net Book Value
As at 31 October 2024 - - -
As at 1 November 2023 111,508 25,817 137,325
5. Investments
Subsidiaries
£
Cost
As at 1 November 2023 301,500
As at 31 October 2024 301,500
Provision
As at 1 November 2023 -
As at 31 October 2024 -
Net Book Value
As at 31 October 2024 301,500
As at 1 November 2023 301,500
Investments in subsidiay undertakings are recognised at cost.
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 67,409 26,166
Prepayments and accrued income 269 269
Other debtors 4,382 4,382
Amounts owed by subsidiaries 117,262 36,172
189,322 66,989
Due after more than one year
Other debtors 33,200 8,200
222,522 75,189
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 11,334 11,334
Trade creditors 1,478 13
Corporation tax 12,699 -
VAT 9,167 8,752
Accruals and deferred income 7,828 7,828
Directors' loan accounts 898 941
43,404 28,868
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 27,389 38,722
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 14,464 14,464
Later than one year and not later than five years 34,954 49,417
49,418 63,881
Less: Finance charges allocated to future periods 10,695 13,825
38,723 50,056
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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