Acorah Software Products - Accounts Production 16.3.350 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 01379742 Ms Joanne Biggerstaff Mr Richard Waddingham Mr Richard Waddingham iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01379742 2023-07-31 01379742 2024-07-31 01379742 2023-08-01 2024-07-31 01379742 frs-core:CurrentFinancialInstruments 2024-07-31 01379742 frs-core:FurnitureFittings 2024-07-31 01379742 frs-core:FurnitureFittings 2023-08-01 2024-07-31 01379742 frs-core:FurnitureFittings 2023-07-31 01379742 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-31 01379742 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 01379742 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-31 01379742 frs-core:ShareCapital 2024-07-31 01379742 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 01379742 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 01379742 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 01379742 frs-bus:SmallEntities 2023-08-01 2024-07-31 01379742 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 01379742 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 01379742 frs-bus:Director1 2023-08-01 2024-07-31 01379742 frs-bus:Director2 2023-08-01 2024-07-31 01379742 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 01379742 frs-countries:EnglandWales 2023-08-01 2024-07-31 01379742 2022-07-31 01379742 2023-07-31 01379742 2022-08-01 2023-07-31 01379742 frs-core:CurrentFinancialInstruments 2023-07-31 01379742 frs-core:ShareCapital 2023-07-31 01379742 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 01379742
Brackley Labels Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 01379742
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 240,386 243,132
240,386 243,132
CURRENT ASSETS
Stocks 5 23,951 24,344
Debtors 6 22,133 26,717
Cash at bank and in hand 4,817 5,320
50,901 56,381
Creditors: Amounts Falling Due Within One Year 7 (45,156 ) (29,729 )
NET CURRENT ASSETS (LIABILITIES) 5,745 26,652
TOTAL ASSETS LESS CURRENT LIABILITIES 246,131 269,784
NET ASSETS 246,131 269,784
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 246,031 269,684
SHAREHOLDERS' FUNDS 246,131 269,784
Page 1
Page 2
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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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
Ms Joanne Biggerstaff
Director
23rd April 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Brackley Labels Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01379742 . The registered office is Unit A Nigel Court, Ward Road, Brackley, Northamptonshire, NN13 7LF.
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:
Freehold 1% on cost of freehold property
Fixtures & Fittings 15% per annum reducing balance basis
2.4. 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: 3 (2023: 3)
3 3
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 August 2023 292,896 486,323 779,219
As at 31 July 2024 292,896 486,323 779,219
Depreciation
As at 1 August 2023 56,137 479,950 536,087
Provided during the period 1,789 957 2,746
As at 31 July 2024 57,926 480,907 538,833
Net Book Value
As at 31 July 2024 234,970 5,416 240,386
As at 1 August 2023 236,759 6,373 243,132
5. Stocks
2024 2023
£ £
Stock 23,951 24,344
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,327 10,917
Prepayments and accrued income 15,806 15,800
22,133 26,717
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 15,835 14,869
Other taxes and social security 3,338 3,440
Other creditors 25,000 10,000
Accruals and deferred income 983 1,420
45,156 29,729
Page 4
Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5