Acorah Software Products - Accounts Production 16.3.350 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 2675361 Mr Michael Hellowell Mr Paul Martin Mr M Hellowell and Mr P Martin true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 2675361 2024-01-31 2675361 2025-01-31 2675361 2024-02-01 2025-01-31 2675361 frs-core:CurrentFinancialInstruments 2025-01-31 2675361 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 2675361 frs-core:MotorVehicles 2025-01-31 2675361 frs-core:MotorVehicles 2024-02-01 2025-01-31 2675361 frs-core:MotorVehicles 2024-01-31 2675361 frs-core:PlantMachinery 2025-01-31 2675361 frs-core:PlantMachinery 2024-02-01 2025-01-31 2675361 frs-core:PlantMachinery 2024-01-31 2675361 frs-core:CapitalRedemptionReserve 2025-01-31 2675361 frs-core:ShareCapital 2025-01-31 2675361 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 2675361 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 2675361 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 2675361 frs-bus:SmallEntities 2024-02-01 2025-01-31 2675361 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 2675361 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 2675361 1 2024-02-01 2025-01-31 2675361 frs-bus:Director1 2024-02-01 2025-01-31 2675361 frs-bus:Director2 2024-02-01 2025-01-31 2675361 frs-countries:EnglandWales 2024-02-01 2025-01-31 2675361 2023-01-31 2675361 2024-01-31 2675361 2023-02-01 2024-01-31 2675361 frs-core:CurrentFinancialInstruments 2024-01-31 2675361 frs-core:CapitalRedemptionReserve 2024-01-31 2675361 frs-core:ShareCapital 2024-01-31 2675361 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 2675361
West End Joiners & Builders Limited
Financial Statements
For The Year Ended 31 January 2025
Hardcastle & Co
Hollins
Oldham Road
Sowerby Bridge
HX6 4EB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 2675361
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 140,787 143,665
140,787 143,665
CURRENT ASSETS
Stocks 5 1,218,648 771,399
Debtors 6 858,053 1,149,089
Cash at bank and in hand 781,512 839,607
2,858,213 2,760,095
Creditors: Amounts Falling Due Within One Year 7 (1,287,542 ) (1,453,626 )
NET CURRENT ASSETS (LIABILITIES) 1,570,671 1,306,469
TOTAL ASSETS LESS CURRENT LIABILITIES 1,711,458 1,450,134
NET ASSETS 1,711,458 1,450,134
CAPITAL AND RESERVES
Called up share capital 8 1,640 1,640
Capital redemption reserve 1,693 1,693
Profit and Loss Account 1,708,125 1,446,801
SHAREHOLDERS' FUNDS 1,711,458 1,450,134
Page 1
Page 2
For the year ending 31 January 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 Profit and Loss Account.
On behalf of the board
Mr Michael Hellowell
Director
Mr Paul Martin
Director
10th April 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
West End Joiners & Builders Limited is a private company, limited by shares, incorporated in England & Wales, registered number 2675361 . The registered office is Farrar Mill , Rookery Lane , Salterhebble, Halifax, HX3 0PY.
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 invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. 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 0% cost
Plant & Machinery 20% reducing balance
Motor Vehicles 25% reducing balance
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.
...CONTINUED
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Page 4
2.5. Taxation - continued
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: 47 (2024: 55)
47 55
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 February 2024 255,430 298,446 553,876
Additions 2,750 49,628 52,378
Disposals - (44,249 ) (44,249 )
As at 31 January 2025 258,180 303,825 562,005
Depreciation
As at 1 February 2024 245,512 164,699 410,211
Provided during the period 2,534 39,637 42,171
Disposals - (31,164 ) (31,164 )
As at 31 January 2025 248,046 173,172 421,218
Net Book Value
As at 31 January 2025 10,134 130,653 140,787
As at 1 February 2024 9,918 133,747 143,665
5. Stocks
2025 2024
£ £
Stock 1,218,648 771,399
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 675,130 1,067,319
VAT 182,923 81,770
858,053 1,149,089
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Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 641,263 531,666
Corporation tax 269,548 242,283
Other taxes and social security 53,203 36,068
Other creditors 34,428 35,609
Accruals and deferred income 151,500 130,000
Directors' loan accounts 137,600 478,000
1,287,542 1,453,626
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,640 1,640
9. Ultimate Controlling Party
The company's ultimate controlling party is Mr M Hellowell and Mr P Martin by virtue of ownership of 80% of the issued share capital in the company.
Page 5