Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 12883489 Mrs Lesley Grills Mr Mark Grills Mr Joshua Grills iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12883489 2023-09-30 12883489 2024-09-30 12883489 2023-10-01 2024-09-30 12883489 frs-core:CurrentFinancialInstruments 2024-09-30 12883489 frs-core:FurnitureFittings 2024-09-30 12883489 frs-core:FurnitureFittings 2023-10-01 2024-09-30 12883489 frs-core:FurnitureFittings 2023-09-30 12883489 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-09-30 12883489 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 12883489 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-09-30 12883489 frs-core:MotorVehicles 2024-09-30 12883489 frs-core:MotorVehicles 2023-10-01 2024-09-30 12883489 frs-core:MotorVehicles 2023-09-30 12883489 frs-core:PlantMachinery 2024-09-30 12883489 frs-core:PlantMachinery 2023-10-01 2024-09-30 12883489 frs-core:PlantMachinery 2023-09-30 12883489 frs-core:ShareCapital 2024-09-30 12883489 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 12883489 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12883489 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 12883489 frs-bus:SmallEntities 2023-10-01 2024-09-30 12883489 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 12883489 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 12883489 frs-bus:Director1 2023-10-01 2024-09-30 12883489 frs-bus:Director1 2023-09-30 12883489 frs-bus:Director1 2024-09-30 12883489 frs-bus:Director2 2023-10-01 2024-09-30 12883489 frs-bus:Director3 2023-10-01 2024-09-30 12883489 frs-bus:Director3 2023-09-30 12883489 frs-bus:Director3 2024-09-30 12883489 frs-countries:EnglandWales 2023-10-01 2024-09-30 12883489 2022-09-30 12883489 2023-09-30 12883489 2022-10-01 2023-09-30 12883489 frs-core:CurrentFinancialInstruments 2023-09-30 12883489 frs-core:ShareCapital 2023-09-30 12883489 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 12883489
T F Grills & Sons Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Reken Limited
Integrated Accountants
Global House
Callywith Gate Ind Est
Bodmin
Cornwall
PL31 2RQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12883489
2024 2023
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 25,546 32,115
25,546 32,115
CURRENT ASSETS
Stocks 5 12,700 10,600
Debtors 6 268,829 81,742
Cash at bank and in hand 2,614 4
284,143 92,346
Creditors: Amounts Falling Due Within One Year 7 (273,865 ) (145,519 )
NET CURRENT ASSETS (LIABILITIES) 10,278 (53,173 )
TOTAL ASSETS LESS CURRENT LIABILITIES 35,824 (21,058 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,492 ) (6,102 )
NET ASSETS/(LIABILITIES) 30,332 (27,160 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 30,232 (27,260 )
SHAREHOLDERS' FUNDS 30,332 (27,160)
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Page 2
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 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 Joshua Grills
Director
19 June 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
T F Grills & Sons Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12883489 . The registered office is Global House, Callywith Gate Ind Est, Bodmin, Cornwall, PL31 2RQ.
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 rendering of services.
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. 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:
Tenants Improvements No depreciation
Plant & Machinery 25% Reducing balance
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 25% 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. 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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3. Average Number of Employees
Average number of employees, including directors, during the year was: 14 (2023: 13)
14 13
4. Tangible Assets
Land & Property
Tenants Improvements Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 October 2023 - 19,440 41,563 724 61,727
Additions 518 1,094 - - 1,612
As at 30 September 2024 518 20,534 41,563 724 63,339
Depreciation
As at 1 October 2023 - 7,478 21,907 227 29,612
Provided during the period - 3,143 4,914 124 8,181
As at 30 September 2024 - 10,621 26,821 351 37,793
Net Book Value
As at 30 September 2024 518 9,913 14,742 373 25,546
As at 1 October 2023 - 11,962 19,656 497 32,115
5. Stocks
2024 2023
as restated
£ £
Stock 12,700 10,600
6. Debtors
2024 2023
as restated
£ £
Due within one year
Trade debtors 100,155 2,746
Other debtors 162,853 78,996
263,008 81,742
Due after more than one year
Other debtors 5,821 -
268,829 81,742
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
as restated
£ £
Trade creditors 81,760 67,560
Bank loans and overdrafts 73,905 24,971
Other loans 25,164 -
Other creditors 24,129 9,790
Taxation and social security 68,907 43,198
273,865 145,519
8. Share Capital
2024 2023
as restated
£ £
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 October 2023 Amounts advanced Amounts repaid Amounts written off As at 30 September 2024
£ £ £ £ £
Mr Mark Grills 17,248 53,098 22,854 - 47,503
Mr Joshua Grills (822 ) 283,766 211,804 - 71,149
The above loan is unsecured, interest free and repayable on demand.
10. Related Party Transactions
During the year the company provided services to the Directors totalling £83,734 (2023-£38,138)
These transactions were on normal arm's length commercial terms.
11. Transition to FRS 102
TF Grills & Sons Limited has outgrown FRS 105 for the year-ended 30 September 2024 and now has to transition to FRS 102.
The company must apply the provisions of FRS 102 from the date of transition. The comparative year will be the 30 September 2023 accounts and this year started on 1 October 2022. 
The date of transition to FRS 102 is therefore 1 October 2022.
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