Acorah Software Products - Accounts Production 16.2.850 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 10708994 Mr Lawrence Gardiner Mr Lawrence Gardiner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10708994 2023-04-30 10708994 2024-04-30 10708994 2023-05-01 2024-04-30 10708994 frs-core:CurrentFinancialInstruments 2024-04-30 10708994 frs-core:Non-currentFinancialInstruments 2024-04-30 10708994 frs-core:BetweenOneFiveYears 2024-04-30 10708994 frs-core:FurnitureFittings 2023-05-01 2024-04-30 10708994 frs-core:MotorVehicles 2024-04-30 10708994 frs-core:MotorVehicles 2023-05-01 2024-04-30 10708994 frs-core:MotorVehicles 2023-04-30 10708994 frs-core:PlantMachinery 2024-04-30 10708994 frs-core:PlantMachinery 2023-05-01 2024-04-30 10708994 frs-core:PlantMachinery 2023-04-30 10708994 frs-core:ShareCapital 2024-04-30 10708994 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10708994 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10708994 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 10708994 frs-bus:SmallEntities 2023-05-01 2024-04-30 10708994 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10708994 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10708994 frs-bus:Director1 2023-05-01 2024-04-30 10708994 frs-bus:Director1 2023-04-30 10708994 frs-bus:Director1 2024-04-30 10708994 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 10708994 frs-core:Non-currentFinancialInstruments 1 2024-04-30 10708994 frs-core:Non-currentFinancialInstruments 2 2024-04-30 10708994 frs-countries:EnglandWales 2023-05-01 2024-04-30 10708994 2022-04-30 10708994 2023-04-30 10708994 2022-05-01 2023-04-30 10708994 frs-core:CurrentFinancialInstruments 2023-04-30 10708994 frs-core:Non-currentFinancialInstruments 2023-04-30 10708994 frs-core:BetweenOneFiveYears 2023-04-30 10708994 frs-core:ShareCapital 2023-04-30 10708994 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 10708994 frs-core:Non-currentFinancialInstruments 1 2023-04-30 10708994 frs-core:Non-currentFinancialInstruments 2 2023-04-30
Registered number: 10708994
Skl Electrical Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Anthony Smith and Co. Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10708994
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 18,220 27,471
18,220 27,471
CURRENT ASSETS
Debtors 5 58,330 45,016
Cash at bank and in hand 1,221 1,307
59,551 46,323
Creditors: Amounts Falling Due Within One Year 6 (18,843 ) (19,611 )
NET CURRENT ASSETS (LIABILITIES) 40,708 26,712
TOTAL ASSETS LESS CURRENT LIABILITIES 58,928 54,183
Creditors: Amounts Falling Due After More Than One Year 7 (51,548 ) (58,172 )
NET ASSETS/(LIABILITIES) 7,380 (3,989 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 7,280 (4,089 )
SHAREHOLDERS' FUNDS 7,380 (3,989)
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For the year ending 30 April 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 Lawrence Gardiner
Director
29/01/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Skl Electrical Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10708994 . The registered office is 4 Middle Street, Taunton, TA1 1SH.
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 20% Reducing Balance
Motor Vehicles 20% Reducing Balance
Fixtures & Fittings 10% Reducing Balance
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
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4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 May 2023 6,307 30,763 37,070
Additions - 19,000 19,000
Disposals - (30,763 ) (30,763 )
As at 30 April 2024 6,307 19,000 25,307
Depreciation
As at 1 May 2023 1,908 7,691 9,599
Provided during the period 429 4,750 5,179
Disposals - (7,691 ) (7,691 )
As at 30 April 2024 2,337 4,750 7,087
Net Book Value
As at 30 April 2024 3,970 14,250 18,220
As at 1 May 2023 4,399 23,072 27,471
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 12,231 5,039
Corporation tax recoverable assets 12,777 12,777
VAT 2,091 1,076
CIS account 20,867 7,379
Director's loan account 10,364 18,745
58,330 45,016
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (912 ) -
Corporation tax 14,571 17,550
Accruals and deferred income 2,061 2,061
Director's loan account 3,123 -
18,843 19,611
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 19,666 24,010
Capital on Tap 13,779 14,679
BBL 18,103 19,483
51,548 58,172
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8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years 19,666 24,010
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 May 2023 Amounts advanced Amounts repaid Amounts written off As at 30 April 2024
£ £ £ £ £
Mr Lawrence Gardiner 18,745 - - - -
The above loan is unsecured and repayable on demand.
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