Acorah Software Products - Accounts Production 16.3.350 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 00461324 Mrs M Bailey Mr G Bailey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00461324 2024-01-31 00461324 2025-01-31 00461324 2024-02-01 2025-01-31 00461324 frs-core:CurrentFinancialInstruments 2025-01-31 00461324 frs-core:OtherReservesSubtotal 2025-01-31 00461324 frs-core:ShareCapital 2025-01-31 00461324 frs-core:RetainedEarningsAccumulatedLosses 2024-02-01 2025-01-31 00461324 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 00461324 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 00461324 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 00461324 frs-bus:SmallEntities 2024-02-01 2025-01-31 00461324 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 00461324 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 00461324 frs-bus:OrdinaryShareClass1 2024-02-01 2025-01-31 00461324 frs-bus:OrdinaryShareClass1 2025-01-31 00461324 frs-bus:OrdinaryShareClass2 2024-02-01 2025-01-31 00461324 frs-bus:OrdinaryShareClass2 2025-01-31 00461324 frs-bus:Director1 2024-02-01 2025-01-31 00461324 frs-bus:CompanySecretary1 2024-02-01 2025-01-31 00461324 frs-countries:EnglandWales 2024-02-01 2025-01-31 00461324 2023-01-31 00461324 2024-01-31 00461324 2023-02-01 2024-01-31 00461324 frs-core:CurrentFinancialInstruments 2024-01-31 00461324 frs-core:OtherReservesSubtotal 2023-01-31 00461324 frs-core:OtherReservesSubtotal 2024-01-31 00461324 frs-core:ShareCapital 2023-01-31 00461324 frs-core:ShareCapital 2024-01-31 00461324 frs-core:RetainedEarningsAccumulatedLosses 2023-02-01 2024-01-31 00461324 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2023-01-31 00461324 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 00461324 frs-bus:OrdinaryShareClass1 2023-02-01 2024-01-31 00461324 frs-bus:OrdinaryShareClass2 2023-02-01 2024-01-31
Registered number: 00461324
E.Bailey & Son (Footwear) Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—5
Page 1
Balance Sheet
Registered number: 00461324
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 345,000 345,000
345,000 345,000
CURRENT ASSETS
Debtors 5 5,850 -
Cash at bank and in hand 111,890 170,895
117,740 170,895
Creditors: Amounts Falling Due Within One Year 6 (16,940 ) (16,480 )
NET CURRENT ASSETS (LIABILITIES) 100,800 154,415
TOTAL ASSETS LESS CURRENT LIABILITIES 445,800 499,415
PROVISIONS FOR LIABILITIES
Deferred Taxation (46,038 ) (46,038 )
NET ASSETS 399,762 453,377
CAPITAL AND RESERVES
Called up share capital 7 8,850 8,850
Non-distributable profits reserve 138,115 138,115
Profit and Loss Account 252,797 306,412
SHAREHOLDERS' FUNDS 399,762 453,377
Page 1
Page 2
For the year ending 31 January 2025 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 her 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
Mrs M Bailey
Director
21 March 2025
The notes on pages 4 to 5 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Non-distributable profits reserve Profit and Loss Account Total
£ £ £ £
As at 1 February 2023 8,850 138,115 398,239 545,204
Profit for the year and total comprehensive income - - 21,924 21,924
Dividends paid - - (113,751) (113,751)
As at 31 January 2024 and 1 February 2024 8,850 138,115 306,412 453,377
Profit for the year and total comprehensive income - - 22,685 22,685
Dividends paid - - (76,300) (76,300)
As at 31 January 2025 8,850 138,115 252,797 399,762
Page 3
Page 4
Notes to the Financial Statements
1. General Information
E.Bailey & Son (Footwear) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00461324 . The registered office is 69 Charlton Road, Wantage, Oxfordshire, OX12 8HJ.
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.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
2.2. Turnover
Turnover represents amounts receivable for the rental of property.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
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 years 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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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 (2024: 1)
1 1
Page 4
Page 5
4. Investment Property
2025
£
Fair Value
As at 1 February 2024 and 31 January 2025 345,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2025 2024
£ £
Cost 160,847 160,847
5. Debtors
2025 2024
£ £
Due within one year
Amounts owed by other participating interests 5,850 -
5,850 -
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 5,321 5,143
Other creditors 10,365 10,365
Accruals and deferred income 630 660
Director's loan account 624 312
16,940 16,480
7. Share Capital
2025 2024
Allotted, called up and fully paid £ £
4,425 Ordinary Shares of £ 1.00 each 4,425 4,425
4,425 Ordinary A shares of £ 1.00 each 4,425 4,425
8,850 8,850
Page 5