Acorah Software Products - Accounts Production 16.3.350 false true 28 February 2024 1 March 2023 false 29 February 2024 28 February 2025 28 February 2025 00860410 Mrs Helen Stonham iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00860410 2024-02-28 00860410 2025-02-28 00860410 2024-02-29 2025-02-28 00860410 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-29 2025-02-28 00860410 frs-core:MotorVehicles 2024-02-29 2025-02-28 00860410 frs-core:PlantMachinery 2024-02-29 2025-02-28 00860410 frs-core:ShareCapital 2025-02-28 00860410 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 00860410 frs-bus:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 00860410 frs-bus:AbridgedAccounts 2024-02-29 2025-02-28 00860410 frs-bus:SmallEntities 2024-02-29 2025-02-28 00860410 frs-bus:AuditExempt-NoAccountantsReport 2024-02-29 2025-02-28 00860410 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-29 2025-02-28 00860410 frs-bus:Director1 2024-02-29 2025-02-28 00860410 frs-countries:EnglandWales 2024-02-29 2025-02-28 00860410 2023-02-28 00860410 2024-02-28 00860410 2023-03-01 2024-02-28 00860410 frs-core:ShareCapital 2024-02-28 00860410 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28
Registered number: 00860410
S Robinson (Farms) Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 28 February 2025
Abacus Accountancy
105 Courtyard Studios
Lakes Innovation Centre
Braintree
Essex
CM7 3AN
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 00860410
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 71,017 91,824
71,017 91,824
CURRENT ASSETS
Stocks 33,015 28,066
Debtors 6,438 6,102
Cash at bank and in hand 274,478 208,087
313,931 242,255
Creditors: Amounts Falling Due Within One Year (178,494 ) (153,930 )
NET CURRENT ASSETS (LIABILITIES) 135,437 88,325
TOTAL ASSETS LESS CURRENT LIABILITIES 206,454 180,149
PROVISIONS FOR LIABILITIES
Deferred Taxation (7,952 ) (4,115 )
NET ASSETS 198,502 176,034
CAPITAL AND RESERVES
Called up share capital 5 2 2
Profit and Loss Account 198,500 176,032
SHAREHOLDERS' FUNDS 198,502 176,034
Page 1
Page 2
For the year ending 28 February 2025 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 her 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 28 February 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mrs Helen Stonham
Director
16/04/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
S Robinson (Farms) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00860410 . The registered office is Lower Hall, Church End, Great Dunmow, ESSEX , CM6 3BE.
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.
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:
Freehold 2% on cost
Plant & Machinery 20% on cost and 15% on cost
Motor Vehicles 20% on cost
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 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.
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Page 4
2.6. 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: 2 (2024: 2)
2 2
4. Tangible Assets
Total
£
Cost
As at 29 February 2024 653,524
Additions 13,500
As at 28 February 2025 667,024
Depreciation
As at 29 February 2024 561,700
Provided during the period 34,307
As at 28 February 2025 596,007
Net Book Value
As at 28 February 2025 71,017
As at 29 February 2024 91,824
5. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 4