Acorah Software Products - Accounts Production 16.2.850 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 09532218 Mr Steven Sivell Mr Mark Sivell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09532218 2023-07-31 09532218 2024-07-31 09532218 2023-08-01 2024-07-31 09532218 frs-core:CurrentFinancialInstruments 2024-07-31 09532218 frs-core:Non-currentFinancialInstruments 2024-07-31 09532218 frs-core:PlantMachinery 2024-07-31 09532218 frs-core:PlantMachinery 2023-08-01 2024-07-31 09532218 frs-core:PlantMachinery 2023-07-31 09532218 frs-core:ShareCapital 2024-07-31 09532218 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 09532218 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09532218 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 09532218 frs-bus:SmallEntities 2023-08-01 2024-07-31 09532218 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 09532218 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 09532218 frs-bus:Director1 2023-08-01 2024-07-31 09532218 frs-bus:Director2 2023-08-01 2024-07-31 09532218 frs-core:CurrentFinancialInstruments 1 2024-07-31 09532218 frs-countries:EnglandWales 2023-08-01 2024-07-31 09532218 2022-07-31 09532218 2023-07-31 09532218 2022-08-01 2023-07-31 09532218 frs-core:CurrentFinancialInstruments 2023-07-31 09532218 frs-core:Non-currentFinancialInstruments 2023-07-31 09532218 frs-core:ShareCapital 2023-07-31 09532218 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 09532218 frs-core:CurrentFinancialInstruments 1 2023-07-31
Registered number: 09532218
Sivell Homes Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Bridgepoint Accountants Limited
16 New Street
Stourport on Severn
Worcestershire
DY13 8UW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09532218
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 27 33
27 33
CURRENT ASSETS
Stocks 5 138,190 121,323
Debtors 6 430 134
Cash at bank and in hand 7,277 33,169
145,897 154,626
Creditors: Amounts Falling Due Within One Year 7 (13,730 ) (15,556 )
NET CURRENT ASSETS (LIABILITIES) 132,167 139,070
TOTAL ASSETS LESS CURRENT LIABILITIES 132,194 139,103
Creditors: Amounts Falling Due After More Than One Year 8 (14,499 ) (14,499 )
NET ASSETS 117,695 124,604
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 117,595 124,504
SHAREHOLDERS' FUNDS 117,695 124,604
Page 1
Page 2
For the year ending 31 July 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 Mark Sivell
Director
10/04/2025
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
Sivell Homes Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09532218 . The registered office is 16 New Street, Stourport on Severn, Worcestershire, DY13 8UW.
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. 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 20% Reducing Balance
2.3. 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: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 August 2023 170
As at 31 July 2024 170
Depreciation
As at 1 August 2023 137
Provided during the period 6
As at 31 July 2024 143
Net Book Value
As at 31 July 2024 27
As at 1 August 2023 33
5. Stocks
2024 2023
£ £
Work in progress 138,190 121,323
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 55 55
VAT 375 79
430 134
Page 3
Page 4
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 495 15
Bank loans and overdrafts 6,698 7,088
Other taxes and social security - 366
MJS Developments (Midlands) Ltd 5,106 5,106
Accruals and deferred income 1,100 1,100
Directors' loan accounts 331 1,881
13,730 15,556
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 14,499 14,499
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4