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 01181514 Mr A S Bigos Mr J A Bigos true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01181514 2023-09-30 01181514 2024-09-30 01181514 2023-10-01 2024-09-30 01181514 frs-core:CurrentFinancialInstruments 2024-09-30 01181514 frs-core:Non-currentFinancialInstruments 2024-09-30 01181514 frs-core:ComputerEquipment 2024-09-30 01181514 frs-core:ComputerEquipment 2023-10-01 2024-09-30 01181514 frs-core:ComputerEquipment 2023-09-30 01181514 frs-core:MotorVehicles 2024-09-30 01181514 frs-core:MotorVehicles 2023-10-01 2024-09-30 01181514 frs-core:MotorVehicles 2023-09-30 01181514 frs-core:PlantMachinery 2024-09-30 01181514 frs-core:PlantMachinery 2023-10-01 2024-09-30 01181514 frs-core:PlantMachinery 2023-09-30 01181514 frs-core:RevaluationReserve 2023-09-30 01181514 frs-core:RevaluationReserve 2024-09-30 01181514 frs-core:ShareCapital 2024-09-30 01181514 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 01181514 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 01181514 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 01181514 frs-bus:SmallEntities 2023-10-01 2024-09-30 01181514 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 01181514 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 01181514 1 2023-10-01 2024-09-30 01181514 frs-bus:Director1 2023-10-01 2024-09-30 01181514 frs-bus:Director2 2023-10-01 2024-09-30 01181514 frs-core:Non-currentFinancialInstruments 9 2024-09-30 01181514 frs-countries:EnglandWales 2023-10-01 2024-09-30 01181514 2022-09-30 01181514 2023-09-30 01181514 2022-10-01 2023-09-30 01181514 frs-core:CurrentFinancialInstruments 2023-09-30 01181514 frs-core:Non-currentFinancialInstruments 2023-09-30 01181514 frs-core:RevaluationReserve 2023-09-30 01181514 frs-core:ShareCapital 2023-09-30 01181514 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 01181514 frs-core:Non-currentFinancialInstruments 9 2023-09-30
Registered number: 01181514
B. & D. Clays And Chemicals Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Time Accounts Ltd
Basepoint Business Centre
Little High Street
Shoreham-By-Sea
West Sussex
BN43 5EG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 01181514
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 124,199 141,505
Investment Properties 5 8,154,971 8,150,033
8,279,170 8,291,538
CURRENT ASSETS
Debtors 6 103,110 90,445
Cash at bank and in hand 197,669 421,237
300,779 511,682
Creditors: Amounts Falling Due Within One Year 7 (374,510 ) (351,759 )
NET CURRENT ASSETS (LIABILITIES) (73,731 ) 159,923
TOTAL ASSETS LESS CURRENT LIABILITIES 8,205,439 8,451,461
Creditors: Amounts Falling Due After More Than One Year 8 (2,207,959 ) (2,334,806 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,244,792 ) (948,392 )
NET ASSETS 4,752,688 5,168,263
CAPITAL AND RESERVES
Called up share capital 9 15,000 15,000
Revaluation reserve 10 7,098,769 7,098,769
Profit and Loss Account (2,361,081 ) (1,945,506 )
SHAREHOLDERS' FUNDS 4,752,688 5,168,263
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 A S Bigos
Director
Mr J A Bigos
Director
27/06/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
B. & D. Clays And Chemicals Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01181514 . The registered office is Church House Church Street, Godalming, GU7 1EW.
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% per annum on reducing balance method
Motor Vehicles 25% per annum on reducing balance method
Computer Equipment 20% per annum on reducing balance method
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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. 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.
Page 3
Page 4
2.7. Pensions
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
2.8. Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
2.9. Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. 
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
2.10. Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. 
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 2)
1 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 October 2023 222,709 29,550 4,346 256,605
Additions 20,736 - - 20,736
As at 30 September 2024 243,445 29,550 4,346 277,341
Depreciation
As at 1 October 2023 104,502 9,465 1,133 115,100
Provided during the period 32,378 5,021 643 38,042
As at 30 September 2024 136,880 14,486 1,776 153,142
Net Book Value
As at 30 September 2024 106,565 15,064 2,570 124,199
As at 1 October 2023 118,207 20,085 3,213 141,505
Page 4
Page 5
5. Investment Property
2024
£
Fair Value
As at 1 October 2023 8,150,033
Additions 4,938
As at 30 September 2024 8,154,971
The directors have reviewed the valuation of each investment property as at the balance sheet date. A director-led assessment was carried out using available market data and professional judgement. Based on this review, the directors are satisfied that the amounts stated in the balance sheet remain appropriate and continue to reflect a true and fair view. No adjustment has been recognised in the year.
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 26,697 33,337
Prepayments and accrued income 42,973 36,728
Amounts owed by group undertakings 33,440 20,380
103,110 90,445
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 37,480 23,136
Bank loans and overdrafts 120,850 120,850
VAT 15,974 19,763
Other creditors 30,191 44,618
Accruals and deferred income 9,517 7,764
Amounts owed to group undertakings 160,498 135,628
374,510 351,759
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 230,864 357,711
Lloyds bank loan 1,977,095 1,977,095
2,207,959 2,334,806
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 15,000 15,000
Page 5
Page 6
10. Reserves
Revaluation Reserve
£
As at 1 October 2023 7,098,769
As at 30 September 2024 7,098,769
11. Related Party Transactions
Included in other debtors is £33,440 (2023: £20,380), £20,380 (2023: £20,380) owing from companies under group control, £13,060 (2023: £nil) owing from companies connected through common ownership.
Included in other creditors is £160,498 (2023: £135,628), £17,279 (2023: £17,279) owing to companies under group control, £108,471 (2023: £83,601) owing to companies connected through common ownership, £34,748 (2023: £34,748) owing to Navicula the entities parent company.
12. Exceptional Items
Included within the profit and loss are legal costs incurred in relation to ongoing litigation concerning a disputed water meter reading. The case is currently scheduled to be heard by the Court of Appeal on 1 December 2025.
13. Ultimate Parent Undertaking and Controlling Party
The company's immediate parent is Navicula Limited, incorporated in England and Wales.
Page 6