Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 07384882 Mr A Fearnley true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07384882 2023-08-31 07384882 2024-08-31 07384882 2023-09-01 2024-08-31 07384882 frs-core:CurrentFinancialInstruments 2024-08-31 07384882 frs-core:FurnitureFittings 2024-08-31 07384882 frs-core:FurnitureFittings 2023-09-01 2024-08-31 07384882 frs-core:FurnitureFittings 2023-08-31 07384882 frs-core:MotorVehicles 2024-08-31 07384882 frs-core:MotorVehicles 2023-09-01 2024-08-31 07384882 frs-core:MotorVehicles 2023-08-31 07384882 frs-core:PlantMachinery 2024-08-31 07384882 frs-core:PlantMachinery 2023-09-01 2024-08-31 07384882 frs-core:PlantMachinery 2023-08-31 07384882 frs-core:ShareCapital 2024-08-31 07384882 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 07384882 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 07384882 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 07384882 frs-bus:SmallEntities 2023-09-01 2024-08-31 07384882 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 07384882 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 07384882 1 2023-09-01 2024-08-31 07384882 frs-bus:Director1 2023-09-01 2024-08-31 07384882 frs-countries:EnglandWales 2023-09-01 2024-08-31 07384882 2022-08-31 07384882 2023-08-31 07384882 2022-09-01 2023-08-31 07384882 frs-core:CurrentFinancialInstruments 2023-08-31 07384882 frs-core:ShareCapital 2023-08-31 07384882 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 07384882
Fern-Lea Glazing Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07384882
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 3,436 4,296
3,436 4,296
CURRENT ASSETS
Stocks 4 10,828 2,292
Debtors 5 11,079 28,639
Cash at bank and in hand 23,829 30,914
45,736 61,845
Creditors: Amounts Falling Due Within One Year 6 (13,101 ) (23,332 )
NET CURRENT ASSETS (LIABILITIES) 32,635 38,513
TOTAL ASSETS LESS CURRENT LIABILITIES 36,071 42,809
NET ASSETS 36,071 42,809
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 35,971 42,709
SHAREHOLDERS' FUNDS 36,071 42,809
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For the year ending 31 August 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 A Fearnley
Director
6th May 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
1.3. 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% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
1.4. 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.
1.5. 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.
Current is recognised in profit or loss for the year, except when it relates to items that are recognised in other comprehensive income or directly in equity, in which case current tax is recognised in other comprehensive income or directly in equity respectively.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 1 (2023: 1)
1 1
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3. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 September 2023 10,819 43,887 450 55,156
Additions 285 - - 285
As at 31 August 2024 11,104 43,887 450 55,441
Depreciation
As at 1 September 2023 9,924 40,593 343 50,860
Provided during the period 295 823 27 1,145
As at 31 August 2024 10,219 41,416 370 52,005
Net Book Value
As at 31 August 2024 885 2,471 80 3,436
As at 1 September 2023 895 3,294 107 4,296
4. Stocks
2024 2023
£ £
Stock 10,828 2,292
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,373 15,898
Other debtors 9,706 12,741
11,079 28,639
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,779 2,378
Other creditors 4,529 4,531
Taxation and social security 6,793 16,423
13,101 23,332
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7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Ultimate Controlling Party
Fern-Lea Glazing Ltd is controlled by Andrew Fearnley as a result of his 100% shareholding in the company.
9. General Information
Fern-Lea Glazing Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07384882 . The registered office is Unit 2c/D Thornton Terrace, King Cross, Halifax, West Yorkshire, HX1 3SG.
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