Acorah Software Products - Accounts Production 16.2.850 false true 30 April 2024 1 May 2023 false 1 May 2024 31 December 2024 31 December 2024 04720986 Mr Daniel Hutt Mrs Hayley Hutt Mrs Hayley Hutt iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04720986 2024-04-30 04720986 2024-12-31 04720986 2024-05-01 2024-12-31 04720986 frs-core:CurrentFinancialInstruments 2024-12-31 04720986 frs-core:Non-currentFinancialInstruments 2024-12-31 04720986 frs-core:FurnitureFittings 2024-12-31 04720986 frs-core:FurnitureFittings 2024-05-01 2024-12-31 04720986 frs-core:FurnitureFittings 2024-04-30 04720986 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 04720986 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-05-01 2024-12-31 04720986 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-30 04720986 frs-core:MotorVehicles 2024-05-01 2024-12-31 04720986 frs-core:PlantMachinery 2024-12-31 04720986 frs-core:PlantMachinery 2024-05-01 2024-12-31 04720986 frs-core:PlantMachinery 2024-04-30 04720986 frs-core:ShareCapital 2024-12-31 04720986 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04720986 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2024-12-31 04720986 frs-bus:FilletedAccounts 2024-05-01 2024-12-31 04720986 frs-bus:SmallEntities 2024-05-01 2024-12-31 04720986 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2024-12-31 04720986 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2024-12-31 04720986 frs-bus:Director1 2024-05-01 2024-12-31 04720986 frs-bus:Director2 2024-05-01 2024-12-31 04720986 frs-bus:CompanySecretary1 2024-05-01 2024-12-31 04720986 frs-countries:EnglandWales 2024-05-01 2024-12-31 04720986 2023-04-30 04720986 2024-04-30 04720986 2023-05-01 2024-04-30 04720986 frs-core:CurrentFinancialInstruments 2024-04-30 04720986 frs-core:Non-currentFinancialInstruments 2024-04-30 04720986 frs-core:ShareCapital 2024-04-30 04720986 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 04720986
Anglia Door Systems Limited
Unaudited Financial Statements
For the Period 1 May 2024 to 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04720986
31 December 2024 30 April 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 53,458 52,078
53,458 52,078
CURRENT ASSETS
Stocks 5 114,070 112,695
Debtors 6 1,136,639 877,512
Cash at bank and in hand 4,350 1,062
1,255,059 991,269
Creditors: Amounts Falling Due Within One Year 7 (998,190 ) (781,655 )
NET CURRENT ASSETS (LIABILITIES) 256,869 209,614
TOTAL ASSETS LESS CURRENT LIABILITIES 310,327 261,692
Creditors: Amounts Falling Due After More Than One Year 8 (47,734 ) (57,070 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (13,383 ) (13,019 )
NET ASSETS 249,210 191,603
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 249,110 191,503
SHAREHOLDERS' FUNDS 249,210 191,603
Page 1
Page 2
For the period ending 31 December 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
Mr Daniel Hutt
Director
13th May 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
Anglia Door Systems Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04720986 . The registered office is Unit 12 Roman Way, Thetford, IP24 1XB.
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:
Leasehold 25% reducing balance
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 10% straight line
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. 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 period, 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.
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Page 4
3. Average Number of Employees
Average number of employees, including directors, during the period was: 29 (2024: 29)
29 29
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 May 2024 46,437 96,694 35,989 179,120
Additions 3,082 11,316 1,566 15,964
As at 31 December 2024 49,519 108,010 37,555 195,084
Depreciation
As at 1 May 2024 14,504 92,529 20,009 127,042
Provided during the period 8,126 3,222 3,236 14,584
As at 31 December 2024 22,630 95,751 23,245 141,626
Net Book Value
As at 31 December 2024 26,889 12,259 14,310 53,458
As at 1 May 2024 31,933 4,165 15,980 52,078
5. Stocks
31 December 2024 30 April 2024
£ £
Materials 114,070 112,695
6. Debtors
31 December 2024 30 April 2024
£ £
Due within one year
Trade debtors 448,324 423,124
Prepayments and accrued income 115,637 74,104
Other debtors 11,250 11,250
Directors' loan accounts 32,954 -
Amounts owed by other participating interests 528,474 369,034
1,136,639 877,512
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Page 5
7. Creditors: Amounts Falling Due Within One Year
31 December 2024 30 April 2024
£ £
Trade creditors 354,278 245,984
Bank loans and overdrafts 167,809 234,425
Corporation tax 24,166 31,687
Other taxes and social security 89,270 42,679
VAT 86,736 68,414
Net wages 31,171 18,521
Other creditors 29,846 88,795
Accruals and deferred income 214,914 51,150
998,190 781,655
8. Creditors: Amounts Falling Due After More Than One Year
31 December 2024 30 April 2024
£ £
Bank loans 47,734 57,070
9. Share Capital
31 December 2024 30 April 2024
£ £
Allotted, Called up and fully paid 100 100
10. Related Party Transactions
Group Companies
The company has taken advantage of the exemption under FRS 102 Section 33.1A, which permits wholly owned group members to omit the disclosure of transactions with other group companies, provided all entities are wholly owned within the group.
Common Control
Included within debtors is an amount of £283,369 (2023: £263,360) owed by companies deemed related by virtue of common control. These companies are under common control due to common ownership and also due to the control of a family member.
The directors confirm that these transactions were conducted at arm's length and are satisfied that they represent fair value.
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