Acorah Software Products - Accounts Production 16.4.660 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 07874520 Mr Andre Graham iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07874520 2023-12-31 07874520 2024-12-31 07874520 2024-01-01 2024-12-31 07874520 frs-core:CurrentFinancialInstruments 2024-12-31 07874520 frs-core:Non-currentFinancialInstruments 2024-12-31 07874520 frs-core:ComputerEquipment 2024-12-31 07874520 frs-core:ComputerEquipment 2024-01-01 2024-12-31 07874520 frs-core:ComputerEquipment 2023-12-31 07874520 frs-core:FurnitureFittings 2024-12-31 07874520 frs-core:FurnitureFittings 2024-01-01 2024-12-31 07874520 frs-core:FurnitureFittings 2023-12-31 07874520 frs-core:MotorVehicles 2024-12-31 07874520 frs-core:MotorVehicles 2024-01-01 2024-12-31 07874520 frs-core:MotorVehicles 2023-12-31 07874520 frs-core:PlantMachinery 2024-12-31 07874520 frs-core:PlantMachinery 2024-01-01 2024-12-31 07874520 frs-core:PlantMachinery 2023-12-31 07874520 frs-core:ShareCapital 2024-12-31 07874520 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 07874520 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07874520 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 07874520 frs-bus:SmallEntities 2024-01-01 2024-12-31 07874520 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07874520 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07874520 frs-bus:Director1 2024-01-01 2024-12-31 07874520 1 2024-01-01 2024-12-31 07874520 frs-countries:EnglandWales 2024-01-01 2024-12-31 07874520 2022-12-31 07874520 2023-12-31 07874520 2023-01-01 2023-12-31 07874520 frs-core:CurrentFinancialInstruments 2023-12-31 07874520 frs-core:Non-currentFinancialInstruments 2023-12-31 07874520 frs-core:ShareCapital 2023-12-31 07874520 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 07874520 1 2023-01-01 2023-12-31
Registered number: 07874520
Grahams Maintenance Solutions Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Richardsons
Chartered Accountants
99 London Street
Reading
RG1 4QA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07874520
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 92,676 49,438
92,676 49,438
CURRENT ASSETS
Debtors 5 322,860 327,566
Cash at bank and in hand 172,193 145,156
495,053 472,722
Creditors: Amounts Falling Due Within One Year 6 (97,707 ) (76,268 )
NET CURRENT ASSETS (LIABILITIES) 397,346 396,454
TOTAL ASSETS LESS CURRENT LIABILITIES 490,022 445,892
Creditors: Amounts Falling Due After More Than One Year 7 (5,370 ) (16,011 )
NET ASSETS 484,652 429,881
CAPITAL AND RESERVES
Called up share capital 8 10 10
Profit and Loss Account 484,642 429,871
SHAREHOLDERS' FUNDS 484,652 429,881
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Page 2
For the year ending 31 December 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 Andre Graham
Director
9th July 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
Grahams Maintenance Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07874520 . The registered office is 99 London Street, Reading, Berkshire, RG1 4QA.
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 rendering of services. Turnover is reduced for rebates and other similar allowances.
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 25%
Motor Vehicles 25%
Fixtures & Fittings 25%
Computer Equipment 25%
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 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.
...CONTINUED
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2.4. Taxation - continued
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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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:
2024 2023
Office and administration 2 1
Operations 14 14
16 15
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 10,061 103,642 2,657 8,120 124,480
Additions - 98,421 - - 98,421
Disposals - (35,210 ) - - (35,210 )
As at 31 December 2024 10,061 166,853 2,657 8,120 187,691
Depreciation
As at 1 January 2024 7,685 59,987 2,175 5,195 75,042
Provided during the period 594 29,447 121 731 30,893
Disposals - (10,920 ) - - (10,920 )
As at 31 December 2024 8,279 78,514 2,296 5,926 95,015
Net Book Value
As at 31 December 2024 1,782 88,339 361 2,194 92,676
As at 1 January 2024 2,376 43,655 482 2,925 49,438
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 124,447 175,364
Prepayments and accrued income 12,151 12,151
Other debtors 5,291 4,106
VAT 27,847 21,302
Amounts owed by subsidiaries 153,124 114,643
322,860 327,566
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 16,734 24,262
Bank loans and overdrafts 11,319 10,674
Corporation tax 24,171 11,204
Other taxes and social security 9,939 16,593
Net wages 11,292 5,922
Other creditors 793 2,413
Accruals and deferred income 5,250 5,200
Director's loan account 209 -
Amounts owed to subsidiaries 18,000 -
97,707 76,268
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 5,370 16,011
The Company received on the 5th August 2020 a Bounce Back Loan (BBL) by the bank. This loan is payable in six years with an interest rate of 2.5% per annum. Repayments started on the 6th September 2021.
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
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