Acorah Software Products - Accounts Production 16.0.110 false true 30 June 2023 10 May 2022 false 1 July 2023 30 June 2024 30 June 2024 14097814 Mr Graham Ponting iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14097814 2023-06-30 14097814 2024-06-30 14097814 2023-07-01 2024-06-30 14097814 frs-core:CurrentFinancialInstruments 2024-06-30 14097814 frs-core:MotorVehicles 2024-06-30 14097814 frs-core:MotorVehicles 2023-07-01 2024-06-30 14097814 frs-core:MotorVehicles 2023-06-30 14097814 frs-core:PlantMachinery 2024-06-30 14097814 frs-core:PlantMachinery 2023-07-01 2024-06-30 14097814 frs-core:PlantMachinery 2023-06-30 14097814 frs-core:ShareCapital 2024-06-30 14097814 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 14097814 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 14097814 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 14097814 frs-bus:SmallEntities 2023-07-01 2024-06-30 14097814 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 14097814 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 14097814 frs-bus:Director1 2023-07-01 2024-06-30 14097814 frs-countries:EnglandWales 2023-07-01 2024-06-30 14097814 2022-05-09 14097814 2023-06-30 14097814 2022-05-10 2023-06-30 14097814 frs-core:CurrentFinancialInstruments 2023-06-30 14097814 frs-core:ShareCapital 2023-06-30 14097814 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 14097814
GRAHAM PONTING CARPENTRY AND GENERAL BUILDING LIMITED
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14097814
30 June 2024 30 June 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 68,709 86,879
68,709 86,879
CURRENT ASSETS
Debtors 5 80,933 77,640
Cash at bank and in hand 29,297 76,132
110,230 153,772
Creditors: Amounts Falling Due Within One Year 6 (174,837 ) (158,769 )
NET CURRENT ASSETS (LIABILITIES) (64,607 ) (4,997 )
TOTAL ASSETS LESS CURRENT LIABILITIES 4,102 81,882
PROVISIONS FOR LIABILITIES
Deferred Taxation (17,177 ) (10,526 )
NET (LIABILITIES)/ASSETS (13,075 ) 71,356
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (13,076 ) 71,355
SHAREHOLDERS' FUNDS (13,075) 71,356
Page 1
Page 2
For the year ending 30 June 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.
On behalf of the board
Mr Graham Ponting
Director
21st March 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
GRAHAM PONTING CARPENTRY AND GENERAL BUILDING LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 14097814 . The registered office is Formal House, 60 St.Georges Place, Cheltenham, GL50 3PN.
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:
Plant & Machinery Reduced balance 25%
Motor Vehicles Reduced balance 25%
2.4. 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.
...CONTINUED
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2.4. Taxation - continued
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 July 2023 27,500 75,200 102,700
Additions 3,704 - 3,704
As at 30 June 2024 31,204 75,200 106,404
Depreciation
As at 1 July 2023 6,875 8,946 15,821
Provided during the period 5,311 16,563 21,874
As at 30 June 2024 12,186 25,509 37,695
Net Book Value
As at 30 June 2024 19,018 49,691 68,709
As at 1 July 2023 20,625 66,254 86,879
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5. Debtors
30 June 2024 30 June 2023
£ £
Due within one year
Trade debtors - 15,000
Prepayments and accrued income 1,803 1,807
VAT - 7,403
Amounts owed by other participating interests 79,130 53,430
80,933 77,640
6. Creditors: Amounts Falling Due Within One Year
30 June 2024 30 June 2023
£ £
Trade creditors 51,217 44,396
Bank loans and overdrafts 2,764 -
Corporation tax - 22,679
Other taxes and social security 11,050 -
VAT 7,001 -
Director's loan account 102,805 91,694
174,837 158,769
7. Share Capital
30 June 2024 30 June 2023
£ £
Allotted, Called up and fully paid 1 1
Page 5