Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 04133567 Mr G Miniter Mr W O'Reilly Mr W O'Reilly iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04133567 2023-12-31 04133567 2024-12-31 04133567 2024-01-01 2024-12-31 04133567 frs-core:Non-currentFinancialInstruments 2024-12-31 04133567 frs-core:ComputerEquipment 2024-01-01 2024-12-31 04133567 frs-core:MotorVehicles 2024-01-01 2024-12-31 04133567 frs-core:PlantMachinery 2024-01-01 2024-12-31 04133567 frs-core:ShareCapital 2024-12-31 04133567 frs-core:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 04133567 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04133567 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04133567 frs-bus:AbridgedAccounts 2024-01-01 2024-12-31 04133567 frs-bus:SmallEntities 2024-01-01 2024-12-31 04133567 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04133567 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04133567 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31 04133567 frs-bus:OrdinaryShareClass1 2024-12-31 04133567 frs-bus:Director1 2024-01-01 2024-12-31 04133567 frs-bus:Director2 2024-01-01 2024-12-31 04133567 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 04133567 frs-countries:EnglandWales 2024-01-01 2024-12-31 04133567 2022-12-31 04133567 2023-12-31 04133567 2023-01-01 2023-12-31 04133567 frs-core:Non-currentFinancialInstruments 2023-12-31 04133567 frs-core:ShareCapital 2022-12-31 04133567 frs-core:ShareCapital 2023-12-31 04133567 frs-core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 04133567 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-12-31 04133567 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 04133567 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31
Registered number: 04133567
Allwood Flooring Installations Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2024
Mountsides Limited
Chartered Accountants
2 Mountside
Stanmore
Middlesex
HA7 2DT
Contents
Page
Abridged Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Abridged Financial Statements 4—5
Page 1
Abridged Balance Sheet
Registered number: 04133567
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 17,258 23,270
17,258 23,270
CURRENT ASSETS
Stocks 48,555 79,360
Debtors 10,515 33,961
Cash at bank and in hand 99,746 66,885
158,816 180,206
Creditors: Amounts Falling Due Within One Year (75,657 ) (65,555 )
NET CURRENT ASSETS (LIABILITIES) 83,159 114,651
TOTAL ASSETS LESS CURRENT LIABILITIES 100,417 137,921
Creditors: Amounts Falling Due After More Than One Year (4,124 ) (14,249 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,883 ) (5,236 )
NET ASSETS 92,410 118,436
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account 92,310 118,336
SHAREHOLDERS' FUNDS 92,410 118,436
Page 1
Page 2
For the year ending 31 December 2024 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr G Miniter
Director
Mr W O'Reilly
Director
20 May 2025
The notes on pages 4 to 5 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 January 2023 100 105,636 105,736
Profit for the year and total comprehensive income - 88,700 88,700
Dividends paid - (76,000) (76,000)
As at 31 December 2023 and 1 January 2024 100 118,336 118,436
Profit for the year and total comprehensive income - 49,974 49,974
Dividends paid - (76,000) (76,000)
As at 31 December 2024 100 92,310 92,410
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Page 4
Notes to the Abridged Financial Statements
1. General Information
Allwood Flooring Installations Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04133567 . The registered office is 2 Mountside, Stanmore, Middlesex, HA7 2DT.
The presentation currency of the financial statements is the Pound Sterling (£).
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.
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:
Plant & Machinery 25% on reducing balance
Motor Vehicles 25% on reducing balance
Computer Equipment 33% on cost
2.4. Leasing and Hire Purchase Contracts
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. 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.
2.6. 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 years 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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 2)
4 2
4. Tangible Assets
Total
£
Cost
As at 1 January 2024 76,764
Disposals (600 )
As at 31 December 2024 76,164
Depreciation
As at 1 January 2024 53,494
Provided during the period 5,932
Disposals (520 )
As at 31 December 2024 58,906
Net Book Value
As at 31 December 2024 17,258
As at 1 January 2024 23,270
5. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
Page 5