Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 4756319 Mr Jeffrey Nichol Mrs Caroline Nichol Mr Keith Ingram Mr Lawrance Nichol iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 4756319 2023-09-30 4756319 2024-09-30 4756319 2023-10-01 2024-09-30 4756319 frs-core:CurrentFinancialInstruments 2024-09-30 4756319 frs-core:ComputerEquipment 2024-09-30 4756319 frs-core:ComputerEquipment 2023-10-01 2024-09-30 4756319 frs-core:ComputerEquipment 2023-09-30 4756319 frs-core:MotorVehicles 2024-09-30 4756319 frs-core:MotorVehicles 2023-10-01 2024-09-30 4756319 frs-core:MotorVehicles 2023-09-30 4756319 frs-core:PlantMachinery 2024-09-30 4756319 frs-core:PlantMachinery 2023-10-01 2024-09-30 4756319 frs-core:PlantMachinery 2023-09-30 4756319 frs-core:ShareCapital 2024-09-30 4756319 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 4756319 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 4756319 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 4756319 frs-bus:SmallEntities 2023-10-01 2024-09-30 4756319 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 4756319 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 4756319 frs-bus:Director1 2023-10-01 2024-09-30 4756319 frs-bus:Director2 2023-10-01 2024-09-30 4756319 frs-bus:Director3 2023-10-01 2024-09-30 4756319 frs-bus:Director4 2023-10-01 2024-09-30 4756319 frs-countries:EnglandWales 2023-10-01 2024-09-30 4756319 2022-09-30 4756319 2023-09-30 4756319 2022-10-01 2023-09-30 4756319 frs-core:CurrentFinancialInstruments 2023-09-30 4756319 frs-core:ShareCapital 2023-09-30 4756319 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 4756319
Ashford Instrumentation Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
esp Computer Services
92 Romney Way
Hythe
Kent
CT21 6PN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 4756319
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 131,828 57,692
131,828 57,692
CURRENT ASSETS
Stocks 5 112,476 103,264
Debtors 6 235,114 139,686
Cash at bank and in hand 897,928 877,110
1,245,518 1,120,060
Creditors: Amounts Falling Due Within One Year 7 (192,772 ) (186,173 )
NET CURRENT ASSETS (LIABILITIES) 1,052,746 933,887
TOTAL ASSETS LESS CURRENT LIABILITIES 1,184,574 991,579
PROVISIONS FOR LIABILITIES
Deferred Taxation (32,830 ) (14,269 )
NET ASSETS 1,151,744 977,310
CAPITAL AND RESERVES
Called up share capital 8 145 145
Profit and Loss Account 1,151,599 977,165
SHAREHOLDERS' FUNDS 1,151,744 977,310
Page 1
Page 2
For the year ending 30 September 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 Jeffrey Nichol
Director
Mrs Caroline Nichol
Director
07/05/2025
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
Ashford Instrumentation Limited is a private company, limited by shares, incorporated in England & Wales, registered number 4756319 . The registered office is Unit 2 Fairview Ind Park, Hamstreet Road, Ruckinge, Kent, TN26 2PL.
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 20% reducing balance basis
Motor Vehicles 20% reducing balance basis
Computer Equipment 20% reducing balance basis
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. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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 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.
...CONTINUED
Page 3
Page 4
2.6. Taxation - continued
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 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.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.8. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 4 3
Sales, marketing and distribution 6 5
10 8
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 October 2023 21,264 101,774 66,618 189,656
Additions - 107,096 - 107,096
As at 30 September 2024 21,264 208,870 66,618 296,752
Depreciation
As at 1 October 2023 19,328 51,799 60,837 131,964
Provided during the period 388 31,415 1,157 32,960
As at 30 September 2024 19,716 83,214 61,994 164,924
Net Book Value
As at 30 September 2024 1,548 125,656 4,624 131,828
As at 1 October 2023 1,936 49,975 5,781 57,692
Page 4
Page 5
5. Stocks
2024 2023
£ £
Stock 112,476 103,264
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 227,773 131,733
Other debtors 7,341 7,953
235,114 139,686
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 59,877 96,942
Corporation tax 93,023 47,658
Other taxes and social security 34,219 32,585
Other creditors & accruals 2,507 922
Directors' loan accounts 3,146 8,066
192,772 186,173
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 145 145
Page 5