Acorah Software Products - Accounts Production 16.2.850 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 10944038 Mr P Smee iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10944038 2023-09-30 10944038 2024-09-30 10944038 2023-10-01 2024-09-30 10944038 frs-core:CurrentFinancialInstruments 2024-09-30 10944038 frs-core:ShareCapital 2024-09-30 10944038 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 10944038 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10944038 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 10944038 frs-bus:SmallEntities 2023-10-01 2024-09-30 10944038 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 10944038 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 10944038 frs-bus:Director1 2023-10-01 2024-09-30 10944038 frs-bus:Director1 2023-09-30 10944038 frs-bus:Director1 2024-09-30 10944038 frs-countries:EnglandWales 2023-10-01 2024-09-30 10944038 2022-09-30 10944038 2023-09-30 10944038 2022-10-01 2023-09-30 10944038 frs-core:CurrentFinancialInstruments 2023-09-30 10944038 frs-core:ShareCapital 2023-09-30 10944038 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 10944038
Smeeway Mowers Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Goringe Accountants Ltd
1650 Arlington Business Park
Theale
Reading
Berkshire
RG7 4SA
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10944038
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 2,000 2,000
Debtors 5 12,876 13,869
Cash at bank and in hand 507 529
15,383 16,398
Creditors: Amounts Falling Due Within One Year 6 (40,471 ) (39,481 )
NET CURRENT ASSETS (LIABILITIES) (25,088 ) (23,083 )
TOTAL ASSETS LESS CURRENT LIABILITIES (25,088 ) (23,083 )
NET LIABILITIES (25,088 ) (23,083 )
CAPITAL AND RESERVES
Called up share capital 7 10 10
Profit and Loss Account (25,098 ) (23,093 )
SHAREHOLDERS' FUNDS (25,088) (23,083)
For the year ending 30 September 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 P Smee
Director
15/04/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Smeeway Mowers Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10944038 . The registered office is Unit 4 Hewins Wood Farm Ashampstead Road, Bradfield, Reading, Berkshire, RG7 6DH.
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. 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: NIL (2023: NIL)
- -
4. Stocks
2024 2023
£ £
Stock 2,000 2,000
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 12,876 13,869
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 718 1,507
Bank loans and overdrafts - 2,081
Other creditors 39,753 35,893
40,471 39,481
Page 2
Page 3
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 October 2023 Amounts advanced Amounts repaid Amounts written off As at 30 September 2024
£ £ £ £ £
Mr Paul Smee 9,820 - (548 ) - 9,272
The above loan is unsecured, interest free and repayable on demand.
9. Related Party Transactions
Transactions with related parties
Included within creditors is an amount of £39,691 (2023- £35,833) which is due to related party by the company. No interest is payable on this loan.
Page 3