Acorah Software Products - Accounts Production 16.2.850 false true 31 December 2023 1 January 2023 false 1 January 2024 30 September 2024 30 September 2024 10957061 Mr Robert Cox iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10957061 2023-12-31 10957061 2024-09-30 10957061 2024-01-01 2024-09-30 10957061 frs-core:CurrentFinancialInstruments 2024-09-30 10957061 frs-core:Non-currentFinancialInstruments 2024-09-30 10957061 frs-core:MotorVehicles 2024-09-30 10957061 frs-core:MotorVehicles 2024-01-01 2024-09-30 10957061 frs-core:MotorVehicles 2023-12-31 10957061 frs-core:PlantMachinery 2024-09-30 10957061 frs-core:PlantMachinery 2024-01-01 2024-09-30 10957061 frs-core:PlantMachinery 2023-12-31 10957061 frs-core:ShareCapital 2024-09-30 10957061 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 10957061 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-09-30 10957061 frs-bus:FilletedAccounts 2024-01-01 2024-09-30 10957061 frs-bus:SmallEntities 2024-01-01 2024-09-30 10957061 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-09-30 10957061 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-09-30 10957061 frs-bus:Director1 2024-01-01 2024-09-30 10957061 frs-core:CurrentFinancialInstruments 2 2024-09-30 10957061 frs-core:Non-currentFinancialInstruments 2 2024-09-30 10957061 frs-core:CurrentFinancialInstruments 3 2024-09-30 10957061 frs-core:Non-currentFinancialInstruments 3 2024-09-30 10957061 frs-countries:EnglandWales 2024-01-01 2024-09-30 10957061 2022-12-31 10957061 2023-12-31 10957061 2023-01-01 2023-12-31 10957061 frs-core:CurrentFinancialInstruments 2023-12-31 10957061 frs-core:Non-currentFinancialInstruments 2023-12-31 10957061 frs-core:ShareCapital 2023-12-31 10957061 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10957061 frs-core:CurrentFinancialInstruments 2 2023-12-31 10957061 frs-core:Non-currentFinancialInstruments 2 2023-12-31 10957061 frs-core:CurrentFinancialInstruments 3 2023-12-31 10957061 frs-core:Non-currentFinancialInstruments 3 2023-12-31
Registered number: 10957061
Cox Renovations Ltd
Financial Statements
For the Period 1 January 2024 to 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10957061
30 September 2024 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 10,766 12,645
10,766 12,645
CURRENT ASSETS
Debtors 5 315,676 275,702
Cash at bank and in hand 46,269 60,935
361,945 336,637
Creditors: Amounts Falling Due Within One Year 6 (149,954 ) (105,683 )
NET CURRENT ASSETS (LIABILITIES) 211,991 230,954
TOTAL ASSETS LESS CURRENT LIABILITIES 222,757 243,599
PROVISIONS FOR LIABILITIES
Deferred Taxation - (3,133 )
NET ASSETS 222,757 240,466
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 222,657 240,366
SHAREHOLDERS' FUNDS 222,757 240,466
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Page 2
For the period 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 Robert Cox
Director
28 March 2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Cox Renovations Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10957061 . The registered office is Blue Stone Cottage, Lottisham, Glastonbury, Somerset, BA6 8PF.
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
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. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. 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. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
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. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
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4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 January 2024 16,363 5,001 21,364
As at 30 September 2024 16,363 5,001 21,364
Depreciation
As at 1 January 2024 6,279 2,440 8,719
Provided during the period 1,495 384 1,879
As at 30 September 2024 7,774 2,824 10,598
Net Book Value
As at 30 September 2024 8,589 2,177 10,766
As at 1 January 2024 10,084 2,561 12,645
5. Debtors
30 September 2024 31 December 2023
£ £
Due within one year
Trade debtors 28,115 40,962
Tolvy Loan 1,811 -
Roadle Property Group Loan 4,300 -
Corporation tax recoverable assets 7,645 7,645
VAT - 848
Other taxes and social security - 7,269
Called up share capital not paid 100 100
41,971 56,824
Due after more than one year
Related party loan account - Ivybridge 153,343 123,343
Related party loan account - Belvy 120,362 95,535
273,705 218,878
315,676 275,702
6. Creditors: Amounts Falling Due Within One Year
30 September 2024 31 December 2023
£ £
Trade creditors 99,881 44,142
Bank loans and overdrafts 19,761 25,154
Corporation tax 10,734 27,287
Other taxes and social security 13,369 -
...CONTINUED
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Page 5
VAT 5,893 -
Accruals and deferred income - 9,100
Director's loan account 316 -
149,954 105,683
7. Share Capital
30 September 2024 31 December 2023
£ £
Called Up Share Capital not Paid 100 100
Amount of Allotted, Called Up Share Capital 100 100
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