Acorah Software Products - Accounts Production 16.3.350 false true true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 08742048 MR Astrit SALIHAJ iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08742048 2023-10-31 08742048 2024-10-31 08742048 2023-11-01 2024-10-31 08742048 frs-core:CurrentFinancialInstruments 2024-10-31 08742048 frs-core:Non-currentFinancialInstruments 2024-10-31 08742048 frs-core:ComputerEquipment 2024-10-31 08742048 frs-core:ComputerEquipment 2023-11-01 2024-10-31 08742048 frs-core:ComputerEquipment 2023-10-31 08742048 frs-core:PlantMachinery 2024-10-31 08742048 frs-core:PlantMachinery 2023-11-01 2024-10-31 08742048 frs-core:PlantMachinery 2023-10-31 08742048 frs-core:ShareCapital 2024-10-31 08742048 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 08742048 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 08742048 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 08742048 frs-bus:SmallEntities 2023-11-01 2024-10-31 08742048 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 08742048 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 08742048 frs-bus:Director1 2023-11-01 2024-10-31 08742048 frs-countries:EnglandWales 2023-11-01 2024-10-31 08742048 2022-10-31 08742048 2023-10-31 08742048 2022-11-01 2023-10-31 08742048 frs-core:CurrentFinancialInstruments 2023-10-31 08742048 frs-core:Non-currentFinancialInstruments 2023-10-31 08742048 frs-core:ShareCapital 2023-10-31 08742048 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 08742048
Ast Building Contractors Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Major's Accounts & Co Ltd
ACCA
118
Sydenham Road
Sydenham
London
SE26 5JX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08742048
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 12,634 15,609
12,634 15,609
CURRENT ASSETS
Debtors 5 7,637 58,712
Cash at bank and in hand 689 5,106
8,326 63,818
Creditors: Amounts Falling Due Within One Year 6 (12,795 ) (28,127 )
NET CURRENT ASSETS (LIABILITIES) (4,469 ) 35,691
TOTAL ASSETS LESS CURRENT LIABILITIES 8,165 51,300
Creditors: Amounts Falling Due After More Than One Year 7 (5,830 ) (15,834 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (330 )
NET ASSETS 2,335 35,136
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 2,334 35,135
SHAREHOLDERS' FUNDS 2,335 35,136
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 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 Astrit SALIHAJ
Director
16th July 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
Ast Building Contractors Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08742048 . The registered office is 35 Buxton Road, Waltham Abbey, EN9 3PR.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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:
            Computer Equipment                                 25% Straight line method
Plant & Machinery 18% reducing balance method
Computer Equipment 25% reducing balance method
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. 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.
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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 6)
5 6
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 November 2023 58,796 2,682 61,478
As at 31 October 2024 58,796 2,682 61,478
Depreciation
As at 1 November 2023 44,925 944 45,869
Provided during the period 2,497 478 2,975
As at 31 October 2024 47,422 1,422 48,844
Net Book Value
As at 31 October 2024 11,374 1,260 12,634
As at 1 November 2023 13,871 1,738 15,609
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 2,266 35,720
VAT 3,238 9,362
Other taxes and social security 2,133 661
Director's loan account - 12,969
7,637 58,712
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 732 346
Bank loans and overdrafts 9,999 9,996
Corporation tax - 15,908
Net wages 2,402 1,577
Other creditors (338 ) 300
12,795 28,127
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 5,830 15,834
Page 4
Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 5