Acorah Software Products - Accounts Production 16.4.675 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 10963251 Mr Luis Alonso Mr Saffron Leong iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10963251 2023-10-31 10963251 2024-10-31 10963251 2023-11-01 2024-10-31 10963251 frs-core:CurrentFinancialInstruments 2024-10-31 10963251 frs-core:Non-currentFinancialInstruments 2024-10-31 10963251 frs-core:ComputerEquipment 2023-11-01 2024-10-31 10963251 frs-core:FurnitureFittings 2024-10-31 10963251 frs-core:FurnitureFittings 2023-11-01 2024-10-31 10963251 frs-core:FurnitureFittings 2023-10-31 10963251 frs-core:PlantMachinery 2024-10-31 10963251 frs-core:PlantMachinery 2023-11-01 2024-10-31 10963251 frs-core:PlantMachinery 2023-10-31 10963251 frs-core:ShareCapital 2024-10-31 10963251 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 10963251 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 10963251 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 10963251 frs-bus:SmallEntities 2023-11-01 2024-10-31 10963251 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 10963251 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 10963251 frs-bus:Director1 2023-11-01 2024-10-31 10963251 frs-bus:Director2 2023-11-01 2024-10-31 10963251 frs-core:CurrentFinancialInstruments 1 2024-10-31 10963251 frs-core:CurrentFinancialInstruments 3 2024-10-31 10963251 frs-countries:EnglandWales 2023-11-01 2024-10-31 10963251 2022-10-31 10963251 2023-10-31 10963251 2022-11-01 2023-10-31 10963251 frs-core:CurrentFinancialInstruments 2023-10-31 10963251 frs-core:Non-currentFinancialInstruments 2023-10-31 10963251 frs-core:ShareCapital 2023-10-31 10963251 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 10963251 frs-core:CurrentFinancialInstruments 1 2023-10-31 10963251 frs-core:CurrentFinancialInstruments 3 2023-10-31
Registered number: 10963251
Bunk (Derby) Limited
Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10963251
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 78,865 87,898
78,865 87,898
CURRENT ASSETS
Stocks 5 19,611 18,720
Debtors 6 324,442 255,358
Cash at bank and in hand 11,251 14,219
355,304 288,297
Creditors: Amounts Falling Due Within One Year 7 (257,356 ) (209,243 )
NET CURRENT ASSETS (LIABILITIES) 97,948 79,054
TOTAL ASSETS LESS CURRENT LIABILITIES 176,813 166,952
Creditors: Amounts Falling Due After More Than One Year 8 (13,718 ) (23,619 )
NET ASSETS 163,095 143,333
CAPITAL AND RESERVES
Called up share capital 9 120 120
Profit and Loss Account 162,975 143,213
SHAREHOLDERS' FUNDS 163,095 143,333
Page 1
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For the year ending 31 October 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 Luis Alonso
Director
26 June 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Bunk (Derby) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10963251 . The registered office is 550 Valley Road, Basford, Nottingham, NG5 1JJ.
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 25% Reducing Balance
Fixtures & Fittings 20% Reducing Balance
Computer Equipment 25% Reducing Balance
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.
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. 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. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 23 (2023: 45)
23 45
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 November 2023 19,666 212,481 232,147
Additions 3,731 7,165 10,896
As at 31 October 2024 23,397 219,646 243,043
Depreciation
As at 1 November 2023 9,837 134,412 144,249
Provided during the period 3,389 16,540 19,929
As at 31 October 2024 13,226 150,952 164,178
Net Book Value
As at 31 October 2024 10,171 68,694 78,865
As at 1 November 2023 9,829 78,069 87,898
5. Stocks
2024 2023
£ £
Stock 19,611 18,720
6. Debtors
2024 2023
£ £
Due within one year
Debtors - other 324,442 255,358
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 18,414 7,263
Bank loans and overdrafts 9,901 9,889
Other taxes and social security 3,788 3,159
VAT 16,967 17,970
Creditors - other 185,529 146,029
Credit card 16,497 19,201
Directors' loan accounts 6,260 5,732
257,356 209,243
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 13,718 23,619
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9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 120 120
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