Acorah Software Products - Accounts Production 16.2.850 false true false 20 February 2024 31 March 2025 31 March 2025 15506785 Mr Brian Smith Mrs Tina Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15506785 2024-02-19 15506785 2025-03-31 15506785 2024-02-20 2025-03-31 15506785 frs-core:CurrentFinancialInstruments 2025-03-31 15506785 frs-core:ComputerEquipment 2025-03-31 15506785 frs-core:ComputerEquipment 2024-02-20 2025-03-31 15506785 frs-core:ComputerEquipment 2024-02-19 15506785 frs-core:NetGoodwill 2025-03-31 15506785 frs-core:NetGoodwill 2024-02-20 2025-03-31 15506785 frs-core:NetGoodwill 2024-02-19 15506785 frs-core:MotorVehicles 2025-03-31 15506785 frs-core:MotorVehicles 2024-02-20 2025-03-31 15506785 frs-core:MotorVehicles 2024-02-19 15506785 frs-core:ShareCapital 2025-03-31 15506785 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 15506785 frs-bus:PrivateLimitedCompanyLtd 2024-02-20 2025-03-31 15506785 frs-bus:FilletedAccounts 2024-02-20 2025-03-31 15506785 frs-bus:SmallEntities 2024-02-20 2025-03-31 15506785 frs-bus:AuditExempt-NoAccountantsReport 2024-02-20 2025-03-31 15506785 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-20 2025-03-31 15506785 frs-bus:Director1 2024-02-20 2025-03-31 15506785 frs-bus:Director2 2024-02-20 2025-03-31 15506785 frs-countries:EnglandWales 2024-02-20 2025-03-31
Registered number: 15506785
B J Supplies Limited
Financial Statements
For the Period 20 February 2024 to 31 March 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 15506785
31 March 2025
Notes £ £
FIXED ASSETS
Intangible Assets 4 190,000
Tangible Assets 5 8,243
198,243
CURRENT ASSETS
Stocks 6 194,744
Debtors 7 68,964
Cash at bank and in hand 28,852
292,560
Creditors: Amounts Falling Due Within One Year 8 (438,220 )
NET CURRENT ASSETS (LIABILITIES) (145,660 )
TOTAL ASSETS LESS CURRENT LIABILITIES 52,583
NET ASSETS 52,583
CAPITAL AND RESERVES
Called up share capital 9 100
Profit and Loss Account 52,483
SHAREHOLDERS' FUNDS 52,583
For the period ending 31 March 2025 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 Brian Smith
Director
25 June 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
B J Supplies Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15506785 . The registered office is 16 Queen Street, Ilkeston, Derbyshire, DE7 5GT.
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.
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.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
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:
Motor Vehicles 25% straight line
Computer Equipment 50% straight line
2.5. 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.
2.6. 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 period was: 7
7
Page 2
Page 3
4. Intangible Assets
Goodwill
£
Cost
As at 20 February 2024 -
Additions 200,000
As at 31 March 2025 200,000
Amortisation
As at 20 February 2024 -
Provided during the period 10,000
As at 31 March 2025 10,000
Net Book Value
As at 31 March 2025 190,000
As at 20 February 2024 -
5. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 20 February 2024 - - -
Additions 7,000 2,824 9,824
As at 31 March 2025 7,000 2,824 9,824
Depreciation
As at 20 February 2024 - - -
Provided during the period 875 706 1,581
As at 31 March 2025 875 706 1,581
Net Book Value
As at 31 March 2025 6,125 2,118 8,243
As at 20 February 2024 - - -
6. Stocks
31 March 2025
£
Stock 194,744
7. Debtors
31 March 2025
£
Due within one year
Trade debtors 64,796
Other debtors 4,168
68,964
Page 3
Page 4
8. Creditors: Amounts Falling Due Within One Year
31 March 2025
£
Trade creditors 162,233
Other creditors 225,703
Taxation and social security 50,284
438,220
9. Share Capital
31 March 2025
£
Allotted, Called up and fully paid 100
Page 4