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 10301638 Mr N C Peach iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10301638 2023-07-31 10301638 2024-07-31 10301638 2023-08-01 2024-07-31 10301638 frs-core:CurrentFinancialInstruments 2024-07-31 10301638 frs-core:Non-currentFinancialInstruments 2024-07-31 10301638 frs-core:ComputerEquipment 2024-07-31 10301638 frs-core:ComputerEquipment 2023-08-01 2024-07-31 10301638 frs-core:ComputerEquipment 2023-07-31 10301638 frs-core:MotorVehicles 2024-07-31 10301638 frs-core:MotorVehicles 2023-08-01 2024-07-31 10301638 frs-core:MotorVehicles 2023-07-31 10301638 frs-core:PlantMachinery 2024-07-31 10301638 frs-core:PlantMachinery 2023-08-01 2024-07-31 10301638 frs-core:PlantMachinery 2023-07-31 10301638 frs-core:ShareCapital 2024-07-31 10301638 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 10301638 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 10301638 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 10301638 frs-bus:SmallEntities 2023-08-01 2024-07-31 10301638 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 10301638 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 10301638 frs-bus:Director1 2023-08-01 2024-07-31 10301638 frs-core:CurrentFinancialInstruments 1 2024-07-31 10301638 frs-countries:EnglandWales 2023-08-01 2024-07-31 10301638 2022-07-31 10301638 2023-07-31 10301638 2022-08-01 2023-07-31 10301638 frs-core:CurrentFinancialInstruments 2023-07-31 10301638 frs-core:Non-currentFinancialInstruments 2023-07-31 10301638 frs-core:ShareCapital 2023-07-31 10301638 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 10301638 frs-core:CurrentFinancialInstruments 1 2023-07-31
Registered number: 10301638
A&M Scaffolding Limited
Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 10301638
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 50,387 36,756
50,387 36,756
CURRENT ASSETS
Debtors 6 155,677 183,522
Cash at bank and in hand 116,159 74,508
271,836 258,030
Creditors: Amounts Falling Due Within One Year 7 (258,959 ) (213,384 )
NET CURRENT ASSETS (LIABILITIES) 12,877 44,646
TOTAL ASSETS LESS CURRENT LIABILITIES 63,264 81,402
Creditors: Amounts Falling Due After More Than One Year 8 - (42,263 )
NET ASSETS 63,264 39,139
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 63,263 39,138
SHAREHOLDERS' FUNDS 63,264 39,139
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 Profit and Loss Account.
On behalf of the board
Mr N C Peach
Director
9 April 2025
The notes on pages 2 to 4 form part of these financial statements.
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Page 2
Notes to the Financial Statements
1. General Information
A&M Scaffolding Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10301638 . The registered office is 7 Faraday Court, First Avenue, Burton upon Trent, Staffordshire, DE14 2WX.
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
Motor Vehicles 25% on reducing balance
Computer Equipment 25% on reducing balance
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.
2.5. 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: 1 (2023: 1)
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 August 2023 78,286 17,775 1,158 97,219
Additions 18,794 18,558 - 37,352
As at 31 July 2024 97,080 36,333 1,158 134,571
Depreciation
As at 1 August 2023 49,908 10,388 167 60,463
Provided during the period 11,793 11,681 247 23,721
As at 31 July 2024 61,701 22,069 414 84,184
Net Book Value
As at 31 July 2024 35,379 14,264 744 50,387
As at 1 August 2023 28,378 7,387 991 36,756
5. Stocks
2024 2023
£ £
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 11,762 11,762
Other debtors 80 80
Other debtors (1) 23,000 23,000
VAT - 36,270
Other taxes and social security 1,295 -
Director's loan account 119,540 112,410
155,677 183,522
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 8,817 72,606
Bank loans and overdrafts 19,416 10,000
Other loans 21,474 33,333
Corporation tax (11,163 ) -
Other taxes and social security - 16,645
VAT 5,415 -
Accruals and deferred income 215,000 80,800
258,959 213,384
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8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - 24,167
Other loans - 18,096
- 42,263
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
The above loan is unsecured, interest free and repayable on demand.
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