Acorah Software Products - Accounts Production 16.3.350 false true 7 February 2024 8 February 2023 false 8 February 2024 10 February 2025 10 February 2025 00747284 Mr Andrew Cain Mr George Cain Mrs Susan Cain true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00747284 2024-02-07 00747284 2025-02-10 00747284 2024-02-08 2025-02-10 00747284 frs-core:CurrentFinancialInstruments 2025-02-10 00747284 frs-core:Non-currentFinancialInstruments 2025-02-10 00747284 frs-core:FurnitureFittings 2025-02-10 00747284 frs-core:FurnitureFittings 2024-02-08 2025-02-10 00747284 frs-core:FurnitureFittings 2024-02-07 00747284 frs-core:NetGoodwill 2025-02-10 00747284 frs-core:NetGoodwill 2024-02-08 2025-02-10 00747284 frs-core:NetGoodwill 2024-02-07 00747284 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-02-10 00747284 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-08 2025-02-10 00747284 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-07 00747284 frs-core:CapitalRedemptionReserve 2025-02-10 00747284 frs-core:ShareCapital 2025-02-10 00747284 frs-core:RetainedEarningsAccumulatedLosses 2025-02-10 00747284 frs-bus:PrivateLimitedCompanyLtd 2024-02-08 2025-02-10 00747284 frs-bus:FilletedAccounts 2024-02-08 2025-02-10 00747284 frs-bus:SmallEntities 2024-02-08 2025-02-10 00747284 frs-bus:AuditExempt-NoAccountantsReport 2024-02-08 2025-02-10 00747284 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-08 2025-02-10 00747284 frs-bus:OrdinaryShareClass1 2024-02-08 2025-02-10 00747284 frs-bus:OrdinaryShareClass1 2025-02-10 00747284 1 2024-02-08 2025-02-10 00747284 frs-bus:Director1 2024-02-08 2025-02-10 00747284 frs-bus:Director2 2024-02-08 2025-02-10 00747284 frs-bus:CompanySecretary1 2024-02-08 2025-02-10 00747284 frs-countries:EnglandWales 2024-02-08 2025-02-10 00747284 2023-02-07 00747284 2024-02-07 00747284 2023-02-08 2024-02-07 00747284 frs-core:CurrentFinancialInstruments 2024-02-07 00747284 frs-core:Non-currentFinancialInstruments 2024-02-07 00747284 frs-core:CapitalRedemptionReserve 2024-02-07 00747284 frs-core:ShareCapital 2024-02-07 00747284 frs-core:RetainedEarningsAccumulatedLosses 2024-02-07 00747284 frs-bus:OrdinaryShareClass1 2023-02-08 2024-02-07
Registered number: 00747284
Cain Of Heswall Limited
Unaudited Financial Statements
For The Year Ended 10 February 2025
Bradburn & Co Accountants Ltd
ICPA (BRA030)
19 Alton Road
Oxton
Wirral
CH43 6UB
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 00747284
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 581,605 589,882
581,605 589,882
CURRENT ASSETS
Stocks 6 229,958 228,993
Debtors 7 - 3,228
Cash at bank and in hand 1,074 2,614
231,032 234,835
Creditors: Amounts Falling Due Within One Year 8 (284,841 ) (269,191 )
NET CURRENT ASSETS (LIABILITIES) (53,809 ) (34,356 )
TOTAL ASSETS LESS CURRENT LIABILITIES 527,796 555,526
Creditors: Amounts Falling Due After More Than One Year 9 (72,758 ) (88,809 )
NET ASSETS 455,038 466,717
CAPITAL AND RESERVES
Called up share capital 10 2,000 2,000
Capital redemption reserve 22,943 22,943
Income Statement 430,095 441,774
SHAREHOLDERS' FUNDS 455,038 466,717
Page 1
Page 2
For the year ending 10 February 2025 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 Income Statement.
On behalf of the board
Mr Andrew Cain
Director
31/03/2025
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
Cain Of Heswall Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00747284 . The registered office is 187 Telegraph Road, Heswall, Wirral, CH60 7SE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Turnover
Turnover comprises the value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is written off over 10 years on a straight line basis.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Freehold no depreciation
Fixtures & Fittings 25% reducing balance
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.
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: 11 (2024: 11)
11 11
Page 3
Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 8 February 2024 11,500
As at 10 February 2025 11,500
Amortisation
As at 8 February 2024 11,500
As at 10 February 2025 11,500
Net Book Value
As at 10 February 2025 -
As at 8 February 2024 -
5. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 8 February 2024 556,776 115,741 672,517
As at 10 February 2025 556,776 115,741 672,517
Depreciation
As at 8 February 2024 - 82,635 82,635
Provided during the period - 8,277 8,277
As at 10 February 2025 - 90,912 90,912
Net Book Value
As at 10 February 2025 556,776 24,829 581,605
As at 8 February 2024 556,776 33,106 589,882
6. Stocks
2025 2024
£ £
Finished goods 229,958 228,993
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 828
Prepayments and accrued income - 2,400
- 3,228
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 4,917 6,214
Bank loans and overdrafts 30,772 24,350
Corporation tax 2,404 -
Other taxes and social security 881 698
VAT 11,220 12,129
Net wages 4,580 6,849
Directors' loan accounts 230,067 218,951
284,841 269,191
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 72,758 88,809
10. Share Capital
2025 2024
Allotted, called up and fully paid £ £
2,000 Ordinary Shares of £ 1 each 2,000 2,000
11. Directors Advances, Credits and Guarantees
Dividends paid to directors
2025 2024
£ £
Mr George Cain 3,200 3,200
Mr Andrew Cain 8,800 8,800
12. Ultimate Controlling Party
The company's ultimate controlling party is Mr Andrew Cain by virtue of his ownership of 55% of the issued share capital in the company.
Page 5