Acorah Software Products - Accounts Production 16.4.660 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 09542908 Mr Robert Stephen Lutener Mr John William Wright iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09542908 2023-10-31 09542908 2024-10-31 09542908 2023-11-01 2024-10-31 09542908 frs-core:CurrentFinancialInstruments 2024-10-31 09542908 frs-core:Non-currentFinancialInstruments 2024-10-31 09542908 frs-core:ComputerEquipment 2024-10-31 09542908 frs-core:ComputerEquipment 2023-11-01 2024-10-31 09542908 frs-core:ComputerEquipment 2023-10-31 09542908 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-11-01 2024-10-31 09542908 frs-core:MotorVehicles 2024-10-31 09542908 frs-core:MotorVehicles 2023-11-01 2024-10-31 09542908 frs-core:MotorVehicles 2023-10-31 09542908 frs-core:OtherResidualIntangibleAssets 2024-10-31 09542908 frs-core:OtherResidualIntangibleAssets 2023-10-31 09542908 frs-core:PlantMachinery 2024-10-31 09542908 frs-core:PlantMachinery 2023-11-01 2024-10-31 09542908 frs-core:PlantMachinery 2023-10-31 09542908 frs-core:ShareCapital 2024-10-31 09542908 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 09542908 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 09542908 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 09542908 frs-bus:SmallEntities 2023-11-01 2024-10-31 09542908 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 09542908 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 09542908 frs-bus:Director1 2023-11-01 2024-10-31 09542908 frs-bus:Director2 2023-11-01 2024-10-31 09542908 1 2023-11-01 2024-10-31 09542908 frs-countries:EnglandWales 2023-11-01 2024-10-31 09542908 2022-10-31 09542908 2023-10-31 09542908 2022-11-01 2023-10-31 09542908 frs-core:CurrentFinancialInstruments 2023-10-31 09542908 frs-core:Non-currentFinancialInstruments 2023-10-31 09542908 frs-core:ShareCapital 2023-10-31 09542908 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 09542908 1 2022-11-01 2023-10-31
Registered number: 09542908
Fab Spider Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Accountancy Extra
33 Harrison Road
Halifax
HX1 2AF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09542908
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 42,655 60,422
42,655 60,422
CURRENT ASSETS
Stocks 6 65,300 70,600
Debtors 7 9,576 4,500
Cash at bank and in hand 10,836 6,864
85,712 81,964
Creditors: Amounts Falling Due Within One Year 8 (61,126 ) (57,223 )
NET CURRENT ASSETS (LIABILITIES) 24,586 24,741
TOTAL ASSETS LESS CURRENT LIABILITIES 67,241 85,163
Creditors: Amounts Falling Due After More Than One Year 9 (47,292 ) (64,792 )
NET ASSETS 19,949 20,371
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 19,849 20,271
SHAREHOLDERS' FUNDS 19,949 20,371
Page 1
Page 2
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 Robert Stephen Lutener
Director
17/07/2025
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
Fab Spider Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09542908 . The registered office is 33 Harrison Road, Halifax, England, HX1 2AF.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.
2.4. 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 33% Straight Line
Motor Vehicles 25% Reducing Balance
Computer Equipment 33% Straight Line
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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2024 2023
6 5
6 5
Page 3
Page 4
4. Intangible Assets
Other
£
Cost
As at 1 November 2023 47,917
As at 31 October 2024 47,917
Amortisation
As at 1 November 2023 47,917
As at 31 October 2024 47,917
Net Book Value
As at 31 October 2024 -
As at 1 November 2023 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2023 7,896 132,948 41,518 182,362
Additions 250 - 2,944 3,194
As at 31 October 2024 8,146 132,948 44,462 185,556
Depreciation
As at 1 November 2023 7,065 87,974 26,901 121,940
Provided during the period 735 11,244 8,982 20,961
As at 31 October 2024 7,800 99,218 35,883 142,901
Net Book Value
As at 31 October 2024 346 33,730 8,579 42,655
As at 1 November 2023 831 44,974 14,617 60,422
6. Stocks
2024 2023
£ £
Work in progress 65,300 70,600
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 7,576 -
Other debtors 2,000 4,500
9,576 4,500
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,616 11,202
Bank loans and overdrafts 3,271 4,159
Other taxes and social security 21,543 7,387
Pensions Payable 723 602
Directors' loan accounts 32,973 33,873
61,126 57,223
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 47,292 64,792
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5