Acorah Software Products - Accounts Production 16.3.350 false true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 12646967 Mrs F Morse Mrs F Morse iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12646967 2023-06-30 12646967 2024-06-30 12646967 2023-07-01 2024-06-30 12646967 frs-core:CurrentFinancialInstruments 2024-06-30 12646967 frs-core:MotorVehicles 2024-06-30 12646967 frs-core:MotorVehicles 2023-07-01 2024-06-30 12646967 frs-core:MotorVehicles 2023-06-30 12646967 frs-core:PlantMachinery 2024-06-30 12646967 frs-core:PlantMachinery 2023-07-01 2024-06-30 12646967 frs-core:PlantMachinery 2023-06-30 12646967 frs-core:ShareCapital 2024-06-30 12646967 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 12646967 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12646967 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 12646967 frs-bus:SmallEntities 2023-07-01 2024-06-30 12646967 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 12646967 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 12646967 frs-bus:Director1 2023-07-01 2024-06-30 12646967 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 12646967 frs-countries:EnglandWales 2023-07-01 2024-06-30 12646967 2022-06-30 12646967 2023-06-30 12646967 2022-07-01 2023-06-30 12646967 frs-core:CurrentFinancialInstruments 2023-06-30 12646967 frs-core:ShareCapital 2023-06-30 12646967 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 12646967
Arthur Stanley Developments Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12646967
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 7,563 1,519
7,563 1,519
CURRENT ASSETS
Stocks 5 253,627 194,907
Debtors 6 1,841 653
Cash at bank and in hand 1,489 5
256,957 195,565
Creditors: Amounts Falling Due Within One Year 7 (285,678 ) (210,445 )
NET CURRENT ASSETS (LIABILITIES) (28,721 ) (14,880 )
TOTAL ASSETS LESS CURRENT LIABILITIES (21,158 ) (13,361 )
PROVISIONS FOR LIABILITIES
Deferred taxation (1,437 ) (289 )
NET LIABILITIES (22,595 ) (13,650 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (22,695 ) (13,750 )
SHAREHOLDERS' FUNDS (22,595) (13,650)
Page 1
Page 2
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 F Morse
Director
26 June 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
Arthur Stanley Developments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12646967 . The registered office is 51 Woburn Drive, Thorney, Peterborough, Cambridgeshire, PE6 0SN.
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
The director has a reasonable expectation that the company has adequate resources to continue  in operational existence for the foreseeable future. The company therefore continues to adopt the  going concern basis in prepaing its financial statements.
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% Reducing Balance
Motor vehicles 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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2.6. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.7. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible assets
Plant & machinery Motor vehicles Total
£ £ £
Cost
As at 1 July 2023 - 3,600 3,600
Additions 8,331 - 8,331
As at 30 June 2024 8,331 3,600 11,931
Depreciation
As at 1 July 2023 - 2,081 2,081
Provided during the period 1,907 380 2,287
As at 30 June 2024 1,907 2,461 4,368
Net Book Value
As at 30 June 2024 6,424 1,139 7,563
As at 1 July 2023 - 1,519 1,519
5. Stocks
2024 2023
£ £
Work in progress 253,627 194,907
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 1,841 653
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 310 780
Other creditors 285,368 209,665
285,678 210,445
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Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5