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 13602468 Mr Allan Connor Mrs Tracy Connor iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13602468 2023-09-30 13602468 2024-09-30 13602468 2023-10-01 2024-09-30 13602468 frs-core:CurrentFinancialInstruments 2024-09-30 13602468 frs-core:Non-currentFinancialInstruments 2024-09-30 13602468 frs-core:ComputerEquipment 2024-09-30 13602468 frs-core:ComputerEquipment 2023-10-01 2024-09-30 13602468 frs-core:ComputerEquipment 2023-09-30 13602468 frs-core:FurnitureFittings 2024-09-30 13602468 frs-core:FurnitureFittings 2023-10-01 2024-09-30 13602468 frs-core:FurnitureFittings 2023-09-30 13602468 frs-core:MotorVehicles 2024-09-30 13602468 frs-core:MotorVehicles 2023-10-01 2024-09-30 13602468 frs-core:MotorVehicles 2023-09-30 13602468 frs-core:PlantMachinery 2024-09-30 13602468 frs-core:PlantMachinery 2023-10-01 2024-09-30 13602468 frs-core:PlantMachinery 2023-09-30 13602468 frs-core:ShareCapital 2024-09-30 13602468 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 13602468 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 13602468 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 13602468 frs-bus:SmallEntities 2023-10-01 2024-09-30 13602468 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 13602468 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 13602468 frs-bus:Director1 2023-10-01 2024-09-30 13602468 frs-bus:Director2 2023-10-01 2024-09-30 13602468 frs-countries:EnglandWales 2023-10-01 2024-09-30 13602468 2022-09-30 13602468 2023-09-30 13602468 2022-10-01 2023-09-30 13602468 frs-core:CurrentFinancialInstruments 2023-09-30 13602468 frs-core:Non-currentFinancialInstruments 2023-09-30 13602468 frs-core:ShareCapital 2023-09-30 13602468 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 13602468
Frodsham Container Specialists Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Edwards Accountancy Services Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13602468
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 33,022 21,978
33,022 21,978
CURRENT ASSETS
Debtors 5 3,640 2,400
Cash at bank and in hand 36,361 12,794
40,001 15,194
Creditors: Amounts Falling Due Within One Year 6 (44,825 ) (20,523 )
NET CURRENT ASSETS (LIABILITIES) (4,824 ) (5,329 )
TOTAL ASSETS LESS CURRENT LIABILITIES 28,198 16,649
Creditors: Amounts Falling Due After More Than One Year 7 (16,056 ) (16,464 )
NET ASSETS 12,142 185
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 12,042 85
SHAREHOLDERS' FUNDS 12,142 185
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 Allan Connor
Director
22/06/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Frodsham Container Specialists Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13602468 . The registered office is 27 Springfield Road, Aughton, Ormskirk, L39 6ST.
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:
Plant & Machinery Reducing Balance
Motor Vehicles Reducing Balance
Fixtures & Fittings Reducing balance
Computer Equipment Reducing Balance
2.4. 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: 2 (2023: 2)
2 2
Page 2
Page 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 October 2023 1,404 24,140 770 1,074 27,388
Additions - - 15,000 - 15,000
As at 30 September 2024 1,404 24,140 15,770 1,074 42,388
Depreciation
As at 1 October 2023 460 4,345 253 352 5,410
Provided during the period 170 3,563 93 130 3,956
As at 30 September 2024 630 7,908 346 482 9,366
Net Book Value
As at 30 September 2024 774 16,232 15,424 592 33,022
As at 1 October 2023 944 19,795 517 722 21,978
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,640 2,400
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 10,773 12,723
Corporation tax 21,311 3,634
VAT 12,241 3,666
Other creditors 500 500
44,825 20,523
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 16,056 1,464
Directors loan account - 15,000
16,056 16,464
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3