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 03437383 Mr Benn Smith Mrs Natalie Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03437383 2023-09-30 03437383 2024-09-30 03437383 2023-10-01 2024-09-30 03437383 frs-core:ComputerEquipment 2024-09-30 03437383 frs-core:ComputerEquipment 2023-10-01 2024-09-30 03437383 frs-core:ComputerEquipment 2023-09-30 03437383 frs-core:FurnitureFittings 2024-09-30 03437383 frs-core:FurnitureFittings 2023-10-01 2024-09-30 03437383 frs-core:FurnitureFittings 2023-09-30 03437383 frs-core:MotorVehicles 2024-09-30 03437383 frs-core:MotorVehicles 2023-10-01 2024-09-30 03437383 frs-core:MotorVehicles 2023-09-30 03437383 frs-core:PlantMachinery 2024-09-30 03437383 frs-core:PlantMachinery 2023-10-01 2024-09-30 03437383 frs-core:PlantMachinery 2023-09-30 03437383 frs-core:ShareCapital 2024-09-30 03437383 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 03437383 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 03437383 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 03437383 frs-bus:SmallEntities 2023-10-01 2024-09-30 03437383 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 03437383 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 03437383 frs-bus:OrdinaryShareClass1 2023-10-01 2024-09-30 03437383 frs-bus:OrdinaryShareClass1 2024-09-30 03437383 frs-bus:Director1 2023-10-01 2024-09-30 03437383 frs-bus:Director2 2023-10-01 2024-09-30 03437383 frs-countries:EnglandWales 2023-10-01 2024-09-30 03437383 2022-09-30 03437383 2023-09-30 03437383 2022-10-01 2023-09-30 03437383 frs-core:ShareCapital 2023-09-30 03437383 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 03437383 frs-bus:OrdinaryShareClass1 2022-10-01 2023-09-30
Registered number: 03437383
BSB Electrical Services Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Finsbury Robinson Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 03437383
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 91,886 29,566
91,886 29,566
CURRENT ASSETS
Stocks 5 309,594 235,157
Debtors 265,030 722,466
Cash at bank and in hand 2,154,224 2,118,732
2,728,848 3,076,355
Creditors: Amounts Falling Due Within One Year (289,308 ) (605,239 )
NET CURRENT ASSETS (LIABILITIES) 2,439,540 2,471,116
TOTAL ASSETS LESS CURRENT LIABILITIES 2,531,426 2,500,682
PROVISIONS FOR LIABILITIES
Deferred Taxation (11,118 ) (5,618 )
NET ASSETS 2,520,308 2,495,064
CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Profit and Loss Account 2,519,308 2,494,064
SHAREHOLDERS' FUNDS 2,520,308 2,495,064
Page 1
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 Benn Smith
Director
12th May 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
BSB Electrical Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03437383 . The registered office is 237 Westcombe Hill, London, SE3 7DW.
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
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on 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.
Tax is recognised in the profit and loss account except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
Deferred Tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the Balance Sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2023: 9)
12 9
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Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 October 2023 9,944 113,484 708 36,258 160,394
Additions - 82,325 2,700 - 85,025
Disposals - (14,900 ) - - (14,900 )
As at 30 September 2024 9,944 180,909 3,408 36,258 230,519
Depreciation
As at 1 October 2023 8,721 86,552 310 35,245 130,828
Provided during the period 306 21,105 775 254 22,440
Disposals - (14,635 ) - - (14,635 )
As at 30 September 2024 9,027 93,022 1,085 35,499 138,633
Net Book Value
As at 30 September 2024 917 87,887 2,323 759 91,886
As at 1 October 2023 1,223 26,932 398 1,013 29,566
5. Stocks
2024 2023
£ £
Stock 309,594 235,157
6. Share Capital
2024 2023
Allotted, called up but not fully paid £ £
1,000 Ordinary Shares of £ 1.00 each 1,000 1,000
Page 4