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 2571289 ANNE KELLETT TIMOTHY HARRISON DOMINIC FARNCOMBE-SMITH RODERICK FARNCOMBE SMITH true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 2571289 2024-01-31 2571289 2025-01-31 2571289 2024-02-01 2025-01-31 2571289 frs-core:CurrentFinancialInstruments 2025-01-31 2571289 frs-core:FurnitureFittings 2025-01-31 2571289 frs-core:FurnitureFittings 2024-02-01 2025-01-31 2571289 frs-core:FurnitureFittings 2024-01-31 2571289 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 2571289 frs-core:MotorVehicles 2025-01-31 2571289 frs-core:MotorVehicles 2024-02-01 2025-01-31 2571289 frs-core:MotorVehicles 2024-01-31 2571289 frs-core:PlantMachinery 2025-01-31 2571289 frs-core:PlantMachinery 2024-02-01 2025-01-31 2571289 frs-core:PlantMachinery 2024-01-31 2571289 frs-core:ShareCapital 2025-01-31 2571289 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 2571289 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 2571289 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 2571289 frs-bus:SmallEntities 2024-02-01 2025-01-31 2571289 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 2571289 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 2571289 frs-bus:OrdinaryShareClass1 2024-02-01 2025-01-31 2571289 frs-bus:OrdinaryShareClass1 2025-01-31 2571289 1 2024-02-01 2025-01-31 2571289 frs-bus:Director1 2024-02-01 2025-01-31 2571289 frs-bus:Director2 2024-02-01 2025-01-31 2571289 frs-bus:Director3 2024-02-01 2025-01-31 2571289 frs-bus:Director4 2024-02-01 2025-01-31 2571289 frs-countries:EnglandWales 2024-02-01 2025-01-31 2571289 2023-01-31 2571289 2024-01-31 2571289 2023-02-01 2024-01-31 2571289 frs-core:CurrentFinancialInstruments 2024-01-31 2571289 frs-core:ShareCapital 2024-01-31 2571289 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 2571289 frs-bus:OrdinaryShareClass1 2023-02-01 2024-01-31
Registered number: 2571289
FARNCOMBE SMITH 1990 LTD
Unaudited Financial Statements
For The Year Ended 31 January 2025
HOLLANGER BURKE LTD
Contents
Page
Company Information 1
Balance Sheet 2
Notes to the Financial Statements 3—5
Page 1
Company Information
Directors ANNE KELLETT
TIMOTHY HARRISON
DOMINIC FARNCOMBE-SMITH
RODERICK FARNCOMBE SMITH
Company Number 2571289
Registered Office PORTERS COTTAGE
ASCOT ROAD
HOLYPORT, MAIDENHEAD
BERKS
SL6 3LD
Accountants HOLLANGER BURKE LTD
7 FARRFIELD
UPPER STRATTON
SWINDON
WILTSHIRE
SN2 7QJ
Page 1
Page 2
Balance Sheet
Registered number: 2571289
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 766,688 972,594
766,688 972,594
CURRENT ASSETS
Stocks 5 21,750 622,857
Debtors 6 60,119 353,919
Cash at bank and in hand 2,390,195 1,075,579
2,472,064 2,052,355
Creditors: Amounts Falling Due Within One Year 7 (214,649 ) (291,373 )
NET CURRENT ASSETS (LIABILITIES) 2,257,415 1,760,982
TOTAL ASSETS LESS CURRENT LIABILITIES 3,024,103 2,733,576
NET ASSETS 3,024,103 2,733,576
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 3,024,003 2,733,476
SHAREHOLDERS' FUNDS 3,024,103 2,733,576
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
RODERICK FARNCOMBE SMITH
Director
20/05/2025
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
FARNCOMBE SMITH 1990 LTD Registered number 2571289 is a limited by shares company incorporated in England & Wales. The Registered Office is PORTERS COTTAGE, ASCOT ROAD, HOLYPORT, MAIDENHEAD, BERKS, SL6 3LD.
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%
Plant & Machinery 20%
Motor Vehicles 20%
Fixtures & Fittings 20%
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
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 22 (2024: 25)
22 25
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 February 2024 1,819,120 521,301 40,734 2,381,155
Disposals - (27,000 ) - (27,000 )
As at 31 January 2025 1,819,120 494,301 40,734 2,354,155
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 February 2024 1,096,171 278,491 33,899 1,408,561
Provided during the period 143,036 47,475 1,571 192,082
Disposals - (13,176 ) - (13,176 )
As at 31 January 2025 1,239,207 312,790 35,470 1,587,467
Net Book Value
As at 31 January 2025 579,913 181,511 5,264 766,688
As at 1 February 2024 722,949 242,810 6,835 972,594
5. Stocks
2025 2024
£ £
Stock 21,750 622,857
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 270,732
Prepayments and accrued income 50,456 48,435
VAT 9,663 34,752
60,119 353,919
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 62,420 234,104
Bank loans and overdrafts 21,805 15,388
Corporation tax 95,098 1,204
Other taxes and social security 29,326 35,177
Accruals and deferred income 6,000 5,500
214,649 291,373
8. Share Capital
2025 2024
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1 each 100 100
9. Directors Advances, Credits and Guarantees
Dividends paid to directors
10. Dividends
2025 2024
£ £
On equity shares:
Final dividend paid 100,000 150,000
Page 4
Page 5
11. Ultimate Controlling Party
The company's ultimate controlling party is by virtue of his ownership of 100% of the issued share capital in the company.
Page 5