Acorah Software Products - Accounts Production 16.3.350 false true 20 August 2023 21 August 2022 false 21 August 2023 20 August 2024 20 August 2024 10630496 Mr A M Bowen Mrs A P Bowen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10630496 2023-08-20 10630496 2024-08-20 10630496 2023-08-21 2024-08-20 10630496 frs-core:CurrentFinancialInstruments 2024-08-20 10630496 frs-core:MotorVehicles 2024-08-20 10630496 frs-core:MotorVehicles 2023-08-21 2024-08-20 10630496 frs-core:MotorVehicles 2023-08-20 10630496 frs-core:ShareCapital 2024-08-20 10630496 frs-core:RetainedEarningsAccumulatedLosses 2024-08-20 10630496 frs-bus:PrivateLimitedCompanyLtd 2023-08-21 2024-08-20 10630496 frs-bus:FilletedAccounts 2023-08-21 2024-08-20 10630496 frs-bus:SmallEntities 2023-08-21 2024-08-20 10630496 frs-bus:AuditExempt-NoAccountantsReport 2023-08-21 2024-08-20 10630496 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-21 2024-08-20 10630496 frs-bus:Director1 2023-08-21 2024-08-20 10630496 frs-bus:Director1 2023-08-20 10630496 frs-bus:Director1 2024-08-20 10630496 frs-bus:CompanySecretary1 2023-08-21 2024-08-20 10630496 frs-countries:EnglandWales 2023-08-21 2024-08-20 10630496 2022-08-20 10630496 2023-08-20 10630496 2022-08-21 2023-08-20 10630496 frs-core:CurrentFinancialInstruments 2023-08-20 10630496 frs-core:ShareCapital 2023-08-20 10630496 frs-core:RetainedEarningsAccumulatedLosses 2023-08-20
Registered number: 10630496
Castle House Projects Limited
Financial Statements
For The Year Ended 20 August 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10630496
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 33,524 -
33,524 -
CURRENT ASSETS
Debtors 5 404,732 506,535
Cash at bank and in hand 630,733 436,963
1,035,465 943,498
Creditors: Amounts Falling Due Within One Year 6 (694,805 ) (569,344 )
NET CURRENT ASSETS (LIABILITIES) 340,660 374,154
TOTAL ASSETS LESS CURRENT LIABILITIES 374,184 374,154
NET ASSETS 374,184 374,154
CAPITAL AND RESERVES
Called up share capital 7 200 200
Profit and Loss Account 373,984 373,954
SHAREHOLDERS' FUNDS 374,184 374,154
For the year ending 20 August 2024 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 his 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 A M Bowen
Director
7 May 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Castle House Projects Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10630496 . The registered office is Southcote Manor Pentland Road, Dronfield Woodhouse, Dronfield, S18 8ZQ.
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:
Motor Vehicles 25% reducing balance
2.4. 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. 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. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 3)
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4. Tangible Assets
Motor Vehicles
£
Cost
As at 21 August 2023 -
Additions 44,699
As at 20 August 2024 44,699
Depreciation
As at 21 August 2023 -
Provided during the period 11,175
As at 20 August 2024 11,175
Net Book Value
As at 20 August 2024 33,524
As at 21 August 2023 -
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 174,211 280,789
Other debtors 230,521 225,746
404,732 506,535
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 425,923 412,785
Other creditors 4,163 2,900
Taxation and social security 264,719 153,659
694,805 569,344
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 21 August 2023 Amounts advanced Amounts repaid Amounts written off As at 20 August 2024
£ £ £ £ £
Mr Anthony Bowen - 80,000 - - 80,000
The above loan is unsecured and repayable on demand.
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