Acorah Software Products - Accounts Production 16.2.850 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 09808597 Mr Simon Lancaster iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09808597 2022-10-31 09808597 2023-10-31 09808597 2022-11-01 2023-10-31 09808597 frs-core:CurrentFinancialInstruments 2023-10-31 09808597 frs-core:ComputerEquipment 2023-10-31 09808597 frs-core:ComputerEquipment 2022-11-01 2023-10-31 09808597 frs-core:ComputerEquipment 2022-10-31 09808597 frs-core:FurnitureFittings 2023-10-31 09808597 frs-core:FurnitureFittings 2022-11-01 2023-10-31 09808597 frs-core:FurnitureFittings 2022-10-31 09808597 frs-core:MotorVehicles 2023-10-31 09808597 frs-core:MotorVehicles 2022-11-01 2023-10-31 09808597 frs-core:MotorVehicles 2022-10-31 09808597 frs-core:PlantMachinery 2023-10-31 09808597 frs-core:PlantMachinery 2022-11-01 2023-10-31 09808597 frs-core:PlantMachinery 2022-10-31 09808597 frs-core:ShareCapital 2023-10-31 09808597 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 09808597 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 09808597 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 09808597 frs-bus:SmallEntities 2022-11-01 2023-10-31 09808597 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 09808597 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 09808597 frs-bus:Director1 2022-11-01 2023-10-31 09808597 frs-countries:EnglandWales 2022-11-01 2023-10-31 09808597 2021-10-31 09808597 2022-10-31 09808597 2021-11-01 2022-10-31 09808597 frs-core:CurrentFinancialInstruments 2022-10-31 09808597 frs-core:ShareCapital 2022-10-31 09808597 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31 09808597 frs-core:CurrentFinancialInstruments 1 2022-10-31 09808597 frs-core:CurrentFinancialInstruments 2 2022-10-31 09808597 frs-core:CurrentFinancialInstruments 3 2022-10-31
Registered number: 09808597
George Sikes Homes Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2023
R Stride & Co LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09808597
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,964 2,337
1,964 2,337
CURRENT ASSETS
Stocks 5 - 128,563
Debtors 6 - 16,220
Cash at bank and in hand 165 23
165 144,806
Creditors: Amounts Falling Due Within One Year 7 (150,493 ) (338,353 )
NET CURRENT ASSETS (LIABILITIES) (150,328 ) (193,547 )
TOTAL ASSETS LESS CURRENT LIABILITIES (148,364 ) (191,210 )
NET LIABILITIES (148,364 ) (191,210 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (148,464 ) (191,310 )
SHAREHOLDERS' FUNDS (148,364) (191,210)
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Page 2
For the year ending 31 October 2023 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 Simon Lancaster
Director
9th March 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
George Sikes Homes Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09808597 . The registered office is The Old Coach House Rear Of Eastville Terrace, Ripon Road, Harrogate, West Yorkshire, HG1 3HJ.
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 15%
Motor Vehicles 25%
Fixtures & Fittings 15%
Computer Equipment 33%
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 1 1
1 1
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 November 2022 4,612 2,800 149 375 7,936
As at 31 October 2023 4,612 2,800 149 375 7,936
Depreciation
As at 1 November 2022 2,534 2,631 93 341 5,599
Provided during the period 312 42 8 11 373
As at 31 October 2023 2,846 2,673 101 352 5,972
Net Book Value
As at 31 October 2023 1,766 127 48 23 1,964
As at 1 November 2022 2,078 169 56 34 2,337
5. Stocks
2023 2022
£ £
Work in progress - 128,563
6. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income - 16,117
VAT - 103
- 16,220
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts - 35
VAT 606 -
Loan S Bateson - 15,001
Loan - Margaret Lancaster - 128,685
Loan - E Lancaster - 169,750
Accruals and deferred income 601 1,000
Director's loan account 149,286 23,882
150,493 338,353
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
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