Acorah Software Products - Accounts Production 16.2.850 false true false 1 October 2023 30 September 2024 30 September 2024 12895104 Mr Garry Schone iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12895104 2023-09-30 12895104 2024-09-30 12895104 2023-10-01 2024-09-30 12895104 frs-core:CurrentFinancialInstruments 2024-09-30 12895104 frs-core:ComputerEquipment 2024-09-30 12895104 frs-core:ComputerEquipment 2023-10-01 2024-09-30 12895104 frs-core:ComputerEquipment 2023-09-30 12895104 frs-core:FurnitureFittings 2024-09-30 12895104 frs-core:FurnitureFittings 2023-10-01 2024-09-30 12895104 frs-core:FurnitureFittings 2023-09-30 12895104 frs-core:NetGoodwill 2024-09-30 12895104 frs-core:NetGoodwill 2023-10-01 2024-09-30 12895104 frs-core:NetGoodwill 2023-09-30 12895104 frs-core:MotorVehicles 2024-09-30 12895104 frs-core:MotorVehicles 2023-10-01 2024-09-30 12895104 frs-core:MotorVehicles 2023-09-30 12895104 frs-core:PlantMachinery 2024-09-30 12895104 frs-core:PlantMachinery 2023-10-01 2024-09-30 12895104 frs-core:PlantMachinery 2023-09-30 12895104 frs-core:ShareCapital 2024-09-30 12895104 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 12895104 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12895104 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 12895104 frs-bus:SmallEntities 2023-10-01 2024-09-30 12895104 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 12895104 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 12895104 frs-bus:Director1 2023-10-01 2024-09-30 12895104 frs-countries:EnglandWales 2023-10-01 2024-09-30
Registered number: 12895104
PARKWOOD CARPENTRY LTD
Financial Statements
For The Year Ended 30 September 2024
SEM Accountancy Services
256 Martin Way
Morden
Surrey
SM4 4AW
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12895104
2024
Notes £ £
FIXED ASSETS
Intangible Assets 4 9,340
Tangible Assets 5 9,725
19,065
CURRENT ASSETS
Debtors 6 60,045
Cash at bank and in hand 7,671
67,716
Creditors: Amounts Falling Due Within One Year 7 (121,658 )
NET CURRENT ASSETS (LIABILITIES) (53,942 )
TOTAL ASSETS LESS CURRENT LIABILITIES (34,877 )
NET LIABILITIES (34,877 )
CAPITAL AND RESERVES
Called up share capital 8 100
Profit and Loss Account (34,977 )
SHAREHOLDERS' FUNDS (34,877)
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 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 Garry Schone
Director
20th 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
PARKWOOD CARPENTRY LTD is a private company, limited by shares, incorporated in England & Wales, registered number 12895104 . The registered office is 256 Martin Way, Morden, Surrey, SM4 4AW.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. 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 25% on WDV
Motor Vehicles 25% on WDV
Fixtures & Fittings 25% on WDV
Computer Equipment 25% on WDV
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3
3
4. Intangible Assets
Goodwill
£
Cost
As at 1 October 2023 9,340
As at 30 September 2024 9,340
Net Book Value
As at 30 September 2024 9,340
As at 1 October 2023 9,340
Page 2
Page 3
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 October 2023 8,285 8,000 1,135 2,354 19,774
As at 30 September 2024 8,285 8,000 1,135 2,354 19,774
Depreciation
As at 1 October 2023 2,895 5,469 756 929 10,049
As at 30 September 2024 2,895 5,469 756 929 10,049
Net Book Value
As at 30 September 2024 5,390 2,531 379 1,425 9,725
As at 1 October 2023 5,390 2,531 379 1,425 9,725
6. Debtors
2024
£
Due within one year
Trade debtors 9,842
Other debtors 50,203
60,045
7. Creditors: Amounts Falling Due Within One Year
2024
£
Trade creditors 3,443
Other creditors 112,875
Taxation and social security 5,340
121,658
8. Share Capital
2024
£
Allotted, Called up and fully paid 100
Page 3