Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 11915879 Mr Stephen Ford Mr Joshua Ford iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11915879 2024-03-31 11915879 2025-03-31 11915879 2024-04-01 2025-03-31 11915879 frs-core:CurrentFinancialInstruments 2025-03-31 11915879 frs-core:Non-currentFinancialInstruments 2025-03-31 11915879 frs-core:ComputerEquipment 2025-03-31 11915879 frs-core:ComputerEquipment 2024-04-01 2025-03-31 11915879 frs-core:ComputerEquipment 2024-03-31 11915879 frs-core:NetGoodwill 2024-04-01 2025-03-31 11915879 frs-core:MotorVehicles 2025-03-31 11915879 frs-core:MotorVehicles 2024-04-01 2025-03-31 11915879 frs-core:MotorVehicles 2024-03-31 11915879 frs-core:PlantMachinery 2025-03-31 11915879 frs-core:PlantMachinery 2024-04-01 2025-03-31 11915879 frs-core:PlantMachinery 2024-03-31 11915879 frs-core:ShareCapital 2025-03-31 11915879 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 11915879 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11915879 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 11915879 frs-bus:SmallEntities 2024-04-01 2025-03-31 11915879 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11915879 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11915879 frs-bus:Director1 2024-04-01 2025-03-31 11915879 frs-bus:Director2 2024-04-01 2025-03-31 11915879 frs-bus:Director2 2024-03-31 11915879 frs-bus:Director2 2025-03-31 11915879 frs-core:CurrentFinancialInstruments 1 2025-03-31 11915879 frs-countries:EnglandWales 2024-04-01 2025-03-31 11915879 2023-03-31 11915879 2024-03-31 11915879 2023-04-01 2024-03-31 11915879 frs-core:CurrentFinancialInstruments 2024-03-31 11915879 frs-core:Non-currentFinancialInstruments 2024-03-31 11915879 frs-core:ShareCapital 2024-03-31 11915879 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11915879 frs-core:CurrentFinancialInstruments 1 2024-03-31
Registered number: 11915879
Ford Framing Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Mendip Accounting Solutions Ltd
6 Hill Road
Clevedon
North Somerset
BS21 7NE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11915879
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 60,000 60,000
Tangible Assets 4 4,489 5,661
64,489 65,661
CURRENT ASSETS
Debtors 5 73,042 91,713
Cash at bank and in hand 20,850 3,666
93,892 95,379
Creditors: Amounts Falling Due Within One Year 6 (39,103 ) (37,342 )
NET CURRENT ASSETS (LIABILITIES) 54,789 58,037
TOTAL ASSETS LESS CURRENT LIABILITIES 119,278 123,698
Creditors: Amounts Falling Due After More Than One Year 7 (15,200 ) (26,113 )
NET ASSETS 104,078 97,585
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 103,978 97,485
SHAREHOLDERS' FUNDS 104,078 97,585
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Page 2
For the year ending 31 March 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 Stephen Ford
Director
23/05/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Ford Framing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11915879 . The registered office is 6 Hill Road, Clevedon, North Somerset, BS21 7NE.
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 18%
Motor Vehicles 18%
Computer Equipment 18%
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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3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 5)
5 5
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 6,479 3,860 277 10,616
As at 31 March 2025 6,479 3,860 277 10,616
Depreciation
As at 1 April 2024 3,142 1,689 124 4,955
Provided during the period 601 543 28 1,172
As at 31 March 2025 3,743 2,232 152 6,127
Net Book Value
As at 31 March 2025 2,736 1,628 125 4,489
As at 1 April 2024 3,337 2,171 153 5,661
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 28,415 45,188
Debtor 39,230 45,186
Prepayments and accrued income 1,754 -
VAT 3,643 1,192
Directors' loan accounts - 147
73,042 91,713
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 834 3,014
Corporation tax 14,387 9,009
Other taxes and social security 520 -
Credit Card Account 381 129
Directors' loan accounts 22,981 25,190
39,103 37,342
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 15,200 25,600
Other taxes and social security - 513
15,200 26,113
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8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Joshua Ford 146 - - - -
The above loan is unsecured, interest free and repayable on demand.
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