Acorah Software Products - Accounts Production 16.2.850 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 01124136 Mr H J Greenhalgh Mrs A Greenhalgh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01124136 2023-12-31 01124136 2024-12-31 01124136 2024-01-01 2024-12-31 01124136 frs-core:CurrentFinancialInstruments 2024-12-31 01124136 frs-core:ComputerEquipment 2024-12-31 01124136 frs-core:ComputerEquipment 2024-01-01 2024-12-31 01124136 frs-core:ComputerEquipment 2023-12-31 01124136 frs-core:FurnitureFittings 2024-12-31 01124136 frs-core:FurnitureFittings 2024-01-01 2024-12-31 01124136 frs-core:FurnitureFittings 2023-12-31 01124136 frs-core:MotorVehicles 2024-12-31 01124136 frs-core:MotorVehicles 2024-01-01 2024-12-31 01124136 frs-core:MotorVehicles 2023-12-31 01124136 frs-core:PlantMachinery 2024-12-31 01124136 frs-core:PlantMachinery 2024-01-01 2024-12-31 01124136 frs-core:PlantMachinery 2023-12-31 01124136 frs-core:ShareCapital 2024-12-31 01124136 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 01124136 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01124136 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 01124136 frs-bus:SmallEntities 2024-01-01 2024-12-31 01124136 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 01124136 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 01124136 frs-bus:Director1 2024-01-01 2024-12-31 01124136 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 01124136 frs-countries:EnglandWales 2024-01-01 2024-12-31 01124136 2022-12-31 01124136 2023-12-31 01124136 2023-01-01 2023-12-31 01124136 frs-core:CurrentFinancialInstruments 2023-12-31 01124136 frs-core:ShareCapital 2023-12-31 01124136 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 01124136
Georges Contractors (Skegby) Limited
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 01124136
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,948 452
11,948 452
CURRENT ASSETS
Debtors 5 34,388 67,154
Cash at bank and in hand 55,961 30,689
90,349 97,843
Creditors: Amounts Falling Due Within One Year 6 (30,141 ) (43,513 )
NET CURRENT ASSETS (LIABILITIES) 60,208 54,330
TOTAL ASSETS LESS CURRENT LIABILITIES 72,156 54,782
PROVISIONS FOR LIABILITIES
Deferred Taxation (6 ) (6 )
NET ASSETS 72,150 54,776
CAPITAL AND RESERVES
Called up share capital 7 1,500 1,500
Profit and Loss Account 70,650 53,276
SHAREHOLDERS' FUNDS 72,150 54,776
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Page 2
For the year ending 31 December 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 H J Greenhalgh
Director
10 April 2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Georges Contractors (Skegby) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01124136 . The registered office is Windyridge, 30 Raleigh Road, Mansfield, Nottinghamshire, NG19 6HD.
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 25% Straight line
Motor Vehicles 25% Reducing balance
Fixtures & Fittings No depreciation
Computer Equipment 25% Straight line
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. 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.
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. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 6,226 43,036 30 - 49,292
Additions - 14,493 - 1,081 15,574
As at 31 December 2024 6,226 57,529 30 1,081 64,866
Depreciation
As at 1 January 2024 5,804 43,036 - - 48,840
Provided during the period 185 3,623 - 270 4,078
As at 31 December 2024 5,989 46,659 - 270 52,918
Net Book Value
As at 31 December 2024 237 10,870 30 811 11,948
As at 1 January 2024 422 - 30 - 452
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 11,134 49,183
Other taxes and social security 23,254 17,971
34,388 67,154
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 137 203
Corporation tax 5,023 4,892
VAT 1,538 6,396
Other creditors 79 79
Accruals and deferred income 12,560 24,350
Director's loan account 10,804 7,593
30,141 43,513
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,500 1,500
8. Related Party Transactions
At the balance sheet date, the company owed the director £10,804 (2023:£7,593). The amount is unsecured, interest free, with no fixed repayment date.
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