Acorah Software Products - Accounts Production 16.2.850 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 06324581 Mr Melvyn Edwards Mrs Jean Edwards iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06324581 2023-08-31 06324581 2024-08-31 06324581 2023-09-01 2024-08-31 06324581 frs-core:CurrentFinancialInstruments 2024-08-31 06324581 frs-core:ComputerEquipment 2024-08-31 06324581 frs-core:ComputerEquipment 2023-09-01 2024-08-31 06324581 frs-core:ComputerEquipment 2023-08-31 06324581 frs-core:MotorVehicles 2024-08-31 06324581 frs-core:MotorVehicles 2023-09-01 2024-08-31 06324581 frs-core:MotorVehicles 2023-08-31 06324581 frs-core:PlantMachinery 2024-08-31 06324581 frs-core:PlantMachinery 2023-09-01 2024-08-31 06324581 frs-core:PlantMachinery 2023-08-31 06324581 frs-core:ShareCapital 2024-08-31 06324581 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 06324581 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 06324581 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 06324581 frs-bus:SmallEntities 2023-09-01 2024-08-31 06324581 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 06324581 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 06324581 frs-bus:Director1 2023-09-01 2024-08-31 06324581 frs-bus:CompanySecretary1 2023-09-01 2024-08-31 06324581 frs-countries:EnglandWales 2023-09-01 2024-08-31 06324581 2022-08-31 06324581 2023-08-31 06324581 2022-09-01 2023-08-31 06324581 frs-core:CurrentFinancialInstruments 2023-08-31 06324581 frs-core:ShareCapital 2023-08-31 06324581 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 06324581
Edwards Electrical (Burton) Limited
Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06324581
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 20 25
20 25
CURRENT ASSETS
Stocks 5 200 200
Debtors 6 4,746 7,859
Cash at bank and in hand 2,314 1,987
7,260 10,046
Creditors: Amounts Falling Due Within One Year 7 (11,871 ) (10,974 )
NET CURRENT ASSETS (LIABILITIES) (4,611 ) (928 )
TOTAL ASSETS LESS CURRENT LIABILITIES (4,591 ) (903 )
NET LIABILITIES (4,591 ) (903 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (4,593 ) (905 )
SHAREHOLDERS' FUNDS (4,591) (903)
Page 1
Page 2
For the year ending 31 August 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 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 Melvyn Edwards
Director
29 May 2025
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Edwards Electrical (Burton) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06324581 . The registered office is 18 Somerset Road, Stapenhill, Burton upon Trent, Staffordshire, DE15 9HX.
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 20% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 30% reducing balance
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
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: 3 (2023: 3)
3 3
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 September 2023 306 4,000 856 5,162
As at 31 August 2024 306 4,000 856 5,162
Depreciation
As at 1 September 2023 281 4,000 856 5,137
Provided during the period 5 - - 5
As at 31 August 2024 286 4,000 856 5,142
Net Book Value
As at 31 August 2024 20 - - 20
As at 1 September 2023 25 - - 25
5. Stocks
2024 2023
£ £
Stock 200 200
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,591 5,076
Prepayments and accrued income 1,155 1,132
Corporation tax recoverable assets - 1,651
4,746 7,859
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other loans 8,000 8,000
Corporation tax - 58
Other taxes and social security 857 948
Accruals and deferred income 1,080 540
Director's loan account 1,934 1,428
11,871 10,974
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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