Acorah Software Products - Accounts Production 16.1.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 08445360 Mr Ian NEWCOMBE Mr Jonathan WASS Ian Newcombe true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08445360 2023-03-31 08445360 2024-03-31 08445360 2023-04-01 2024-03-31 08445360 frs-core:CurrentFinancialInstruments 2024-03-31 08445360 frs-core:Non-currentFinancialInstruments 2024-03-31 08445360 frs-core:ComputerEquipment 2024-03-31 08445360 frs-core:ComputerEquipment 2023-04-01 2024-03-31 08445360 frs-core:ComputerEquipment 2023-03-31 08445360 frs-core:NetGoodwill 2024-03-31 08445360 frs-core:NetGoodwill 2023-03-31 08445360 frs-core:ShareCapital 2024-03-31 08445360 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08445360 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08445360 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 08445360 frs-bus:SmallEntities 2023-04-01 2024-03-31 08445360 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08445360 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08445360 1 2023-04-01 2024-03-31 08445360 frs-bus:Director1 2023-04-01 2024-03-31 08445360 frs-bus:Director2 2023-04-01 2024-03-31 08445360 1 2023-04-01 2024-03-31 08445360 frs-countries:EnglandWales 2023-04-01 2024-03-31 08445360 2022-03-31 08445360 2023-03-31 08445360 2022-04-01 2023-03-31 08445360 frs-core:CurrentFinancialInstruments 2023-03-31 08445360 frs-core:Non-currentFinancialInstruments 2023-03-31 08445360 frs-core:ShareCapital 2023-03-31 08445360 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 08445360 1 2022-04-01 2023-03-31
Registered number: 08445360
The Nottingham Window Co Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
JKL ACCOUNTS SERVICES
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 08445360
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 1,372 1,015
1,372 1,015
CURRENT ASSETS
Stocks 6 2,529 -
Debtors 7 346,184 404,910
Cash at bank and in hand 104,956 318,262
453,669 723,172
Creditors: Amounts Falling Due Within One Year 8 (228,287 ) (392,391 )
NET CURRENT ASSETS (LIABILITIES) 225,382 330,781
TOTAL ASSETS LESS CURRENT LIABILITIES 226,754 331,796
Creditors: Amounts Falling Due After More Than One Year 9 (11,791 ) (21,740 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 10 (257 ) (257 )
NET ASSETS 214,706 309,799
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 214,606 309,699
SHAREHOLDERS' FUNDS 214,706 309,799
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For the year ending 31 March 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 Ian NEWCOMBE
Director
28 March 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
The Nottingham Window Co Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08445360 . The registered office is Bridgford Business Centre, 29 Bridgford Road, West Bridgford, Nottingham, NG2 6AU.
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:
Computer Equipment 25% Reducing Balance
2.4. 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.
2.5. Pensions
The company operates a defined pension contribution scheme. Contributions 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:
2024 2023
Office and administration 3 3
Sales, marketing and distribution 1 -
Manufacturing 1 1
Directors 2 2
7 6
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2023 120,000
As at 31 March 2024 120,000
Amortisation
As at 1 April 2023 120,000
As at 31 March 2024 120,000
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 -
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2023 1,805
Additions 814
As at 31 March 2024 2,619
Depreciation
As at 1 April 2023 790
Provided during the period 457
As at 31 March 2024 1,247
Net Book Value
As at 31 March 2024 1,372
As at 1 April 2023 1,015
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6. Stocks
2024 2023
£ £
Work in progress 2,529 -
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 112,169 129,760
Prepayments and accrued income 3,570 1,650
115,739 131,410
Due after more than one year
Other debtors 230,445 273,500
346,184 404,910
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 88,089 192,312
Bank loans and overdrafts 10,648 25,488
Corporation tax - 36,281
Other taxes and social security 7,224 15,995
VAT 4,209 15,128
Other creditors 107,630 106,785
Accruals and deferred income 10,399 402
Directors' loan accounts 88 -
228,287 392,391
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 11,791 21,740
10. Deferred Taxation
The provision for deferred taxation is made up of accelerated capital allowances
2024 2023
£ £
Other timing differences 257 257
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11. Ultimate Controlling Party
The company's ultimate controlling party is Ian Newcombe by virtue of his ownership of 51% of the issued share capital in the company.
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