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 11578254 Mr Stuart Cripps Mr James Simpson Mrs Kayley Simpson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11578254 2023-09-30 11578254 2024-09-30 11578254 2023-10-01 2024-09-30 11578254 frs-core:CurrentFinancialInstruments 2024-09-30 11578254 frs-core:ComputerEquipment 2024-09-30 11578254 frs-core:ComputerEquipment 2023-10-01 2024-09-30 11578254 frs-core:ComputerEquipment 2023-09-30 11578254 frs-core:FurnitureFittings 2024-09-30 11578254 frs-core:FurnitureFittings 2023-10-01 2024-09-30 11578254 frs-core:FurnitureFittings 2023-09-30 11578254 frs-core:ShareCapital 2024-09-30 11578254 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 11578254 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11578254 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 11578254 frs-bus:SmallEntities 2023-10-01 2024-09-30 11578254 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 11578254 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 11578254 frs-bus:Director1 2023-10-01 2024-09-30 11578254 frs-bus:Director2 2023-10-01 2024-09-30 11578254 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 11578254 frs-core:CurrentFinancialInstruments 1 2024-09-30 11578254 frs-countries:EnglandWales 2023-10-01 2024-09-30 11578254 2022-09-30 11578254 2023-09-30 11578254 2022-10-01 2023-09-30 11578254 frs-core:CurrentFinancialInstruments 2023-09-30 11578254 frs-core:ShareCapital 2023-09-30 11578254 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 11578254 frs-core:CurrentFinancialInstruments 1 2023-09-30 11578254 frs-core:CurrentFinancialInstruments 2 2023-09-30
Registered number: 11578254
E-Tech Gates & Door Automation Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Simon and Co Accountancy Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11578254
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 1,484
- 1,484
CURRENT ASSETS
Stocks 5 18,885 21,045
Debtors 6 547,141 490,588
Cash at bank and in hand 52,375 6,556
618,401 518,189
Creditors: Amounts Falling Due Within One Year 7 (608,406 ) (501,581 )
NET CURRENT ASSETS (LIABILITIES) 9,995 16,608
TOTAL ASSETS LESS CURRENT LIABILITIES 9,995 18,092
NET ASSETS 9,995 18,092
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 9,895 17,992
SHAREHOLDERS' FUNDS 9,995 18,092
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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 Stuart Cripps
Director
Mr James Simpson
Director
16/06/2025
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
E-Tech Gates & Door Automation Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11578254 . The registered office is The Folly, Godstone Road, Lingfield, Surrey, RH7 6BT.
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. 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:
Fixtures & Fittings 33.33 % SLM
Computer Equipment 33.33 % SLM
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.
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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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 15 (2023: 11)
15 11
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 October 2023 8,270 1,772 10,042
As at 30 September 2024 8,270 1,772 10,042
Depreciation
As at 1 October 2023 7,268 1,290 8,558
Provided during the period 1,002 482 1,484
As at 30 September 2024 8,270 1,772 10,042
Net Book Value
As at 30 September 2024 - - -
As at 1 October 2023 1,002 482 1,484
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5. Stocks
2024 2023
£ £
Stock 10,985 11,545
Work in progress 7,900 9,500
18,885 21,045
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 547,141 460,458
Other debtors (2) - 30,130
547,141 490,588
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 420,027 317,856
Corporation tax 28,414 27,996
Other taxes and social security 41,914 56,974
VAT 29,111 21,014
Net wages 3,654 -
Other creditors 53,103 12,765
Other creditors (1) 1,091 1,331
Accruals and deferred income 900 900
Directors' loan accounts 30,192 62,745
608,406 501,581
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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