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 07712351 Mr Glen Reynolds iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07712351 2023-07-31 07712351 2024-07-31 07712351 2023-08-01 2024-07-31 07712351 frs-core:CurrentFinancialInstruments 2024-07-31 07712351 frs-core:ComputerEquipment 2024-07-31 07712351 frs-core:ComputerEquipment 2023-08-01 2024-07-31 07712351 frs-core:ComputerEquipment 2023-07-31 07712351 frs-core:MotorVehicles 2024-07-31 07712351 frs-core:MotorVehicles 2023-08-01 2024-07-31 07712351 frs-core:MotorVehicles 2023-07-31 07712351 frs-core:PlantMachinery 2024-07-31 07712351 frs-core:PlantMachinery 2023-08-01 2024-07-31 07712351 frs-core:PlantMachinery 2023-07-31 07712351 frs-core:ShareCapital 2024-07-31 07712351 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 07712351 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 07712351 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 07712351 frs-bus:SmallEntities 2023-08-01 2024-07-31 07712351 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 07712351 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 07712351 frs-bus:Director1 2023-08-01 2024-07-31 07712351 frs-countries:EnglandWales 2023-08-01 2024-07-31 07712351 2022-07-31 07712351 2023-07-31 07712351 2022-08-01 2023-07-31 07712351 frs-core:CurrentFinancialInstruments 2023-07-31 07712351 frs-core:ShareCapital 2023-07-31 07712351 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 07712351
Reynolds Carpentry & Construction Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: 07712351
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 21,896 39,782
21,896 39,782
CURRENT ASSETS
Debtors 5 48,984 157,958
Cash at bank and in hand 110,245 45,926
159,229 203,884
Creditors: Amounts Falling Due Within One Year 6 (73,873 ) (133,107 )
NET CURRENT ASSETS (LIABILITIES) 85,356 70,777
TOTAL ASSETS LESS CURRENT LIABILITIES 107,252 110,559
NET ASSETS 107,252 110,559
CAPITAL AND RESERVES
Called up share capital 7 100 100
Income Statement 107,152 110,459
SHAREHOLDERS' FUNDS 107,252 110,559
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 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 Income Statement.
On behalf of the board
Mr Glen Reynolds
Director
17/04/2025
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
Reynolds Carpentry & Construction Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07712351 . The registered office is 2 Sylvester Way, Hove, BN3 8AR.
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% on Reducing Balance Method
Motor Vehicles 25% on Reducing Balance Method
Computer Equipment 33% on Straight Line Method
2.4. Taxation
Income tax expense represents the sum of the tax currently payable .
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.

3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
Page 2
Page 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 August 2023 21,989 43,750 5,209 70,948
Additions - - 399 399
As at 31 July 2024 21,989 43,750 5,608 71,347
Depreciation
As at 1 August 2023 16,594 10,938 3,634 31,166
Provided during the period 5,497 10,937 1,851 18,285
As at 31 July 2024 22,091 21,875 5,485 49,451
Net Book Value
As at 31 July 2024 (102 ) 21,875 123 21,896
As at 1 August 2023 5,395 32,812 1,575 39,782
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 48,984 157,958
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) 57,552
Corporation tax 32,611 21,823
Other taxes and social security 1,036 6,383
VAT 39,514 44,790
Accruals and deferred income - 2,500
Director's loan account 713 59
73,873 133,107
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3