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 04840709 Mr Duncan Bulmer Mrs Clare Bulmer iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04840709 2023-09-30 04840709 2024-09-30 04840709 2023-10-01 2024-09-30 04840709 frs-core:CurrentFinancialInstruments 2024-09-30 04840709 frs-core:Non-currentFinancialInstruments 2024-09-30 04840709 frs-core:BetweenOneFiveYears 2024-09-30 04840709 frs-core:ComputerEquipment 2024-09-30 04840709 frs-core:ComputerEquipment 2023-10-01 2024-09-30 04840709 frs-core:ComputerEquipment 2023-09-30 04840709 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-30 04840709 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 04840709 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-30 04840709 frs-core:MotorVehicles 2024-09-30 04840709 frs-core:MotorVehicles 2023-10-01 2024-09-30 04840709 frs-core:MotorVehicles 2023-09-30 04840709 frs-core:PlantMachinery 2024-09-30 04840709 frs-core:PlantMachinery 2023-10-01 2024-09-30 04840709 frs-core:PlantMachinery 2023-09-30 04840709 frs-core:WithinOneYear 2024-09-30 04840709 frs-core:ShareCapital 2024-09-30 04840709 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 04840709 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04840709 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 04840709 frs-bus:SmallEntities 2023-10-01 2024-09-30 04840709 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 04840709 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 04840709 frs-core:UnlistedNon-exchangeTraded 2024-09-30 04840709 frs-core:UnlistedNon-exchangeTraded 2023-09-30 04840709 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-09-30 04840709 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-09-30 04840709 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-09-30 04840709 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-09-30 04840709 frs-bus:Director1 2023-10-01 2024-09-30 04840709 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 04840709 frs-countries:EnglandWales 2023-10-01 2024-09-30 04840709 2022-09-30 04840709 2023-09-30 04840709 2022-10-01 2023-09-30 04840709 frs-core:CurrentFinancialInstruments 2023-09-30 04840709 frs-core:Non-currentFinancialInstruments 2023-09-30 04840709 frs-core:BetweenOneFiveYears 2023-09-30 04840709 frs-core:WithinOneYear 2023-09-30 04840709 frs-core:ShareCapital 2023-09-30 04840709 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 04840709
SB Bulmer (Livestock) Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04840709
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,827,605 1,766,409
Investments 5 601 601
1,828,206 1,767,010
CURRENT ASSETS
Stocks 6 737,029 719,207
Debtors 7 186,873 247,300
923,902 966,507
Creditors: Amounts Falling Due Within One Year 8 (1,482,183 ) (1,249,523 )
NET CURRENT ASSETS (LIABILITIES) (558,281 ) (283,016 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,269,925 1,483,994
Creditors: Amounts Falling Due After More Than One Year 9 (241,275 ) (277,999 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (236,773 ) (236,773 )
NET ASSETS 791,877 969,222
CAPITAL AND RESERVES
Called up share capital 11 250,001 250,001
Profit and Loss Account 541,876 719,221
SHAREHOLDERS' FUNDS 791,877 969,222
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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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Duncan Bulmer
Director
27/06/2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
SB Bulmer (Livestock) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04840709 . The registered office is South View, Yatts, Pickering, North Yorkshire, YO18 8JN.
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:
Freehold 5% reducing balance
Plant & Machinery 5-10% reducing balance
Motor Vehicles 10% reducing balance
Computer Equipment 20% on cost
2.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts are capitalised as tangible fixed assets. Assets acquired under hire purchase contracts are depreciated over their useful lives. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
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.
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 year 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 8)
8 8
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4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 October 2023 1,067,647 2,046,900 28,962 6,653 3,150,162
Additions 130,301 96,366 - 692 227,359
As at 30 September 2024 1,197,948 2,143,266 28,962 7,345 3,377,521
Depreciation
As at 1 October 2023 554,760 805,974 19,498 3,521 1,383,753
Provided during the period 30,723 133,729 946 765 166,163
As at 30 September 2024 585,483 939,703 20,444 4,286 1,549,916
Net Book Value
As at 30 September 2024 612,465 1,203,563 8,518 3,059 1,827,605
As at 1 October 2023 512,887 1,240,926 9,464 3,132 1,766,409
5. Investments
Unlisted
£
Cost
As at 1 October 2023 601
As at 30 September 2024 601
Provision
As at 1 October 2023 -
As at 30 September 2024 -
Net Book Value
As at 30 September 2024 601
As at 1 October 2023 601
6. Stocks
2024 2023
£ £
Stock 737,029 719,207
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7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 117,011 202,225
Prepayments and accrued income 10,191 10,191
Other debtors 10,000 10,000
Corporation tax recoverable assets 15,938 -
Other taxes and social security 33,733 24,884
186,873 247,300
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 59,070 65,729
Trade creditors 371,918 263,605
Bank loans and overdrafts 493,357 343,304
Other creditors 273,511 311,076
Amounts owed to group undertakings 281,671 263,244
Amounts owed to associates 2,656 2,565
1,482,183 1,249,523
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 29,747 64,932
Bank loans 211,528 213,067
241,275 277,999
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 59,070 65,729
Later than one year and not later than five years 29,747 64,932
88,817 130,661
88,817 130,661
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 250,001 250,001
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