Acorah Software Products - Accounts Production 16.3.350 false true true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 01294435 Mrs Claire Bedford Mr Andrew Elcock Mr Ivan Elcock Mr Ivan Elcock iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01294435 2023-03-31 01294435 2024-03-31 01294435 2023-04-01 2024-03-31 01294435 frs-core:CurrentFinancialInstruments 2024-03-31 01294435 frs-core:Non-currentFinancialInstruments 2024-03-31 01294435 frs-core:BetweenOneFiveYears 2024-03-31 01294435 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 01294435 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 01294435 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-31 01294435 frs-core:MoreThanFiveYears 2024-03-31 01294435 frs-core:MotorVehicles 2024-03-31 01294435 frs-core:MotorVehicles 2023-04-01 2024-03-31 01294435 frs-core:MotorVehicles 2023-03-31 01294435 frs-core:PlantMachinery 2024-03-31 01294435 frs-core:PlantMachinery 2023-04-01 2024-03-31 01294435 frs-core:PlantMachinery 2023-03-31 01294435 frs-core:WithinOneYear 2024-03-31 01294435 frs-core:CapitalRedemptionReserve 2024-03-31 01294435 frs-core:SharePremium 2024-03-31 01294435 frs-core:ShareCapital 2024-03-31 01294435 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 01294435 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 01294435 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 01294435 frs-bus:SmallEntities 2023-04-01 2024-03-31 01294435 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 01294435 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 01294435 frs-core:ListedExchangeTraded 2024-03-31 01294435 frs-core:ListedExchangeTraded 2023-03-31 01294435 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-03-31 01294435 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-03-31 01294435 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-03-31 01294435 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-03-31 01294435 frs-bus:Director1 2023-04-01 2024-03-31 01294435 frs-bus:Director2 2023-04-01 2024-03-31 01294435 frs-bus:Director3 2023-04-01 2024-03-31 01294435 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 01294435 frs-countries:EnglandWales 2023-04-01 2024-03-31 01294435 2022-03-31 01294435 2023-03-31 01294435 2022-04-01 2023-03-31 01294435 frs-core:CurrentFinancialInstruments 2023-03-31 01294435 frs-core:Non-currentFinancialInstruments 2023-03-31 01294435 frs-core:BetweenOneFiveYears 2023-03-31 01294435 frs-core:MoreThanFiveYears 2023-03-31 01294435 frs-core:WithinOneYear 2023-03-31 01294435 frs-core:CapitalRedemptionReserve 2023-03-31 01294435 frs-core:SharePremium 2023-03-31 01294435 frs-core:ShareCapital 2023-03-31 01294435 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 01294435
Elcocks Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 01294435
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 129,473 140,186
Investments 5 2 2
129,475 140,188
CURRENT ASSETS
Stocks 6 198,432 205,867
Debtors 7 309,489 351,678
Cash at bank and in hand 6,424 6,386
514,345 563,931
Creditors: Amounts Falling Due Within One Year 8 (482,755 ) (498,939 )
NET CURRENT ASSETS (LIABILITIES) 31,590 64,992
TOTAL ASSETS LESS CURRENT LIABILITIES 161,065 205,180
Creditors: Amounts Falling Due After More Than One Year 9 (85,462 ) (118,197 )
NET ASSETS 75,603 86,983
CAPITAL AND RESERVES
Called up share capital 11 1,500 1,500
Share premium account 137,250 137,250
Capital redemption reserve 750 750
Profit and Loss Account (63,897 ) (52,517 )
SHAREHOLDERS' FUNDS 75,603 86,983
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For the year ending 31 March 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.
On behalf of the board
Mrs Claire Bedford
Director
10/06/2025
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
Elcocks Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01294435 . The registered office is Elcock House Hospital Fields Road, Fulford Industrial Estate, York, North Yorkshire, YO10 4FT.
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. Going Concern Disclosure
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
2.3. 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.
2.4. 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:
Leasehold Remaining life of lease
Plant & Machinery 33% straight line and 15% reducing balance
Motor Vehicles 25% straight line
Land is not depreciated.
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

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.
2.6. 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.
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2.7. Taxation
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as
reported in the profit and loss account because it excludes items of income or expense that are taxable or
deductible in other years and it further excludes 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
reporting end date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2023: 10)
10 10
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 April 2023 253,155 174,791 45,161 473,107
Additions - 4,241 - 4,241
As at 31 March 2024 253,155 179,032 45,161 477,348
Depreciation
As at 1 April 2023 144,346 143,414 45,161 332,921
Provided during the period 5,144 9,810 - 14,954
As at 31 March 2024 149,490 153,224 45,161 347,875
Net Book Value
As at 31 March 2024 103,665 25,808 - 129,473
As at 1 April 2023 108,809 31,377 - 140,186
5. Investments
Listed
£
Cost
As at 1 April 2023 2
As at 31 March 2024 2
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 2
As at 1 April 2023 2
Investments comprise a 100% shareholding of ordinary shares in subsidiary company, Elcock Power Tools (Yorkshire) Limited, which is a dormant company with a registered address of Elcock House, Hospital Fields Road, Fulford, York, YO10 4DZ.
6. Stocks
2024 2023
£ £
Stock 198,432 205,867
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7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 291,154 313,453
Other debtors 18,335 38,225
309,489 351,678
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 281,877 234,155
Bank loans and overdrafts 32,735 29,247
Other creditors 143,382 205,167
Taxation and social security 24,761 30,370
482,755 498,939
Bank loans of £6,219 (2023 - £5,927) are secured by the UK Government under the Bounce Back Loan Scheme.
Bank loans of £26,516 (2023 - £23,319) are secured by the UK Government under the Recovery Loan Scheme.
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 85,462 118,197
Bank loans of £8,182 (2023 - £14,400) are secured by the UK Government under the Bounce Back Loan Scheme.
Bank loans of £77,280 (2023 - £103,797) are secured by the UK Government under the Recovery Loan Scheme.
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,500 1,500
12. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 56,500 58,200
Later than one year and not later than five years 142,000 166,000
Later than five years 308,750 341,251
507,250 565,451
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