Acorah Software Products - Accounts Production 16.3.350 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 07418916 Mr Ryan Halls Mr Bradley Halls iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07418916 2023-10-31 07418916 2024-10-31 07418916 2023-11-01 2024-10-31 07418916 frs-core:CurrentFinancialInstruments 2024-10-31 07418916 frs-core:Non-currentFinancialInstruments 2024-10-31 07418916 frs-core:ComputerEquipment 2024-10-31 07418916 frs-core:ComputerEquipment 2023-11-01 2024-10-31 07418916 frs-core:ComputerEquipment 2023-10-31 07418916 frs-core:MotorVehicles 2024-10-31 07418916 frs-core:MotorVehicles 2023-11-01 2024-10-31 07418916 frs-core:MotorVehicles 2023-10-31 07418916 frs-core:PlantMachinery 2024-10-31 07418916 frs-core:PlantMachinery 2023-11-01 2024-10-31 07418916 frs-core:PlantMachinery 2023-10-31 07418916 frs-core:WithinOneYear 2024-10-31 07418916 frs-core:ShareCapital 2024-10-31 07418916 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 07418916 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 07418916 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 07418916 frs-bus:SmallEntities 2023-11-01 2024-10-31 07418916 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 07418916 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 07418916 frs-core:CostValuation 2023-10-31 07418916 frs-core:CostValuation 2024-10-31 07418916 frs-core:ProvisionsForImpairmentInvestments 2023-10-31 07418916 frs-core:ProvisionsForImpairmentInvestments 2024-10-31 07418916 frs-bus:Director1 2023-11-01 2024-10-31 07418916 frs-bus:Director2 2023-11-01 2024-10-31 07418916 frs-countries:EnglandWales 2023-11-01 2024-10-31 07418916 2022-10-31 07418916 2023-10-31 07418916 2022-11-01 2023-10-31 07418916 frs-core:CurrentFinancialInstruments 2023-10-31 07418916 frs-core:Non-currentFinancialInstruments 2023-10-31 07418916 frs-core:WithinOneYear 2023-10-31 07418916 frs-core:ShareCapital 2023-10-31 07418916 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 07418916
Complete Rendering Systems Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Tasker Osman & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07418916
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 130,033 133,969
Investments 5 112,000 112,000
242,033 245,969
CURRENT ASSETS
Stocks 6 5,025 4,996
Debtors 7 298,254 304,996
Cash at bank and in hand 82,652 64,580
385,931 374,572
Creditors: Amounts Falling Due Within One Year 8 (487,561 ) (441,554 )
NET CURRENT ASSETS (LIABILITIES) (101,630 ) (66,982 )
TOTAL ASSETS LESS CURRENT LIABILITIES 140,403 178,987
Creditors: Amounts Falling Due After More Than One Year 9 (36,355 ) (66,327 )
NET ASSETS 104,048 112,660
CAPITAL AND RESERVES
Called up share capital 11 2 2
Profit and Loss Account 104,046 112,658
SHAREHOLDERS' FUNDS 104,048 112,660
Page 1
Page 2
For the year ending 31 October 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 Bradley Halls
Director
08/05/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Complete Rendering Systems Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07418916 . The registered office is Office 4, Cavendish House , New Road, Newhaven, East Sussex, BN9 0EH.
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% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 25% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. 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.
Page 3
Page 4
2.6. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 8 (2023: 8)
8 8
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2023 142,834 195,913 8,662 347,409
Additions 12,490 - 250 12,740
As at 31 October 2024 155,324 195,913 8,912 360,149
Depreciation
As at 1 November 2023 113,286 92,840 7,314 213,440
Provided during the period 10,509 5,768 399 16,676
As at 31 October 2024 123,795 98,608 7,713 230,116
Net Book Value
As at 31 October 2024 31,529 97,305 1,199 130,033
As at 1 November 2023 29,548 103,073 1,348 133,969
Page 4
Page 5
5. Investments
Other
£
Cost
As at 1 November 2023 112,000
As at 31 October 2024 112,000
Provision
As at 1 November 2023 -
As at 31 October 2024 -
Net Book Value
As at 31 October 2024 112,000
As at 1 November 2023 112,000
6. Stocks
2024 2023
£ £
Materials 5,025 4,996
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 239,949 251,376
VAT 58,305 53,620
298,254 304,996
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 13,985 19,985
Trade creditors 200,494 100,348
Bank loans and overdrafts 174,564 244,926
Corporation tax 29,623 32,567
Other taxes and social security 15,116 20,388
Other creditors 52,083 -
Accruals and deferred income 1,200 1,000
Directors' loan accounts 496 22,340
487,561 441,554
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bounce Back Loan 20,833 30,000
Corporation tax 15,522 36,327
36,355 66,327
Page 5
Page 6
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 13,985 19,985
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 6