Acorah Software Products - Accounts Production 16.4.675 false true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 00797075 Mr P L Raynsford Mr M C Hayes Mr M C Hayes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00797075 2024-06-30 00797075 2025-06-30 00797075 2024-07-01 2025-06-30 00797075 frs-core:CurrentFinancialInstruments 2025-06-30 00797075 frs-core:Non-currentFinancialInstruments 2025-06-30 00797075 frs-core:FurnitureFittings 2025-06-30 00797075 frs-core:FurnitureFittings 2024-07-01 2025-06-30 00797075 frs-core:FurnitureFittings 2024-06-30 00797075 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-06-30 00797075 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 00797075 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 00797075 frs-core:MotorVehicles 2025-06-30 00797075 frs-core:MotorVehicles 2024-07-01 2025-06-30 00797075 frs-core:MotorVehicles 2024-06-30 00797075 frs-core:PlantMachinery 2025-06-30 00797075 frs-core:PlantMachinery 2024-07-01 2025-06-30 00797075 frs-core:PlantMachinery 2024-06-30 00797075 frs-core:ShareCapital 2025-06-30 00797075 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 00797075 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 00797075 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 00797075 frs-bus:SmallEntities 2024-07-01 2025-06-30 00797075 frs-bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 00797075 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 00797075 frs-bus:Director1 2024-07-01 2025-06-30 00797075 frs-bus:Director2 2024-07-01 2025-06-30 00797075 frs-bus:CompanySecretary1 2024-07-01 2025-06-30 00797075 frs-countries:EnglandWales 2024-07-01 2025-06-30 00797075 2023-06-30 00797075 2024-06-30 00797075 2023-07-01 2024-06-30 00797075 frs-core:CurrentFinancialInstruments 2024-06-30 00797075 frs-core:Non-currentFinancialInstruments 2024-06-30 00797075 frs-core:ShareCapital 2024-06-30 00797075 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: 00797075
F. J. Lane and Sons Limited
Unaudited Financial Statements
For The Year Ended 30 June 2025
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of F. J. Lane and Sons Limited for the year ended 30 June 2025
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of F. J. Lane and Sons Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of F. J. Lane and Sons Limited , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of F. J. Lane and Sons Limited and state those matters that we have agreed to state to the directors of F. J. Lane and Sons Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than F. J. Lane and Sons Limited and its directors as a body for our work or for this report.
It is your duty to ensure that F. J. Lane and Sons Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of F. J. Lane and Sons Limited . You consider that F. J. Lane and Sons Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of F. J. Lane and Sons Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
24 July 2025
Norwoods
Forest House Office
3 - 5 Horndean Road
Bracknell
Berkshire
RG12 0XQ
Page 1
Page 2
Balance Sheet
Registered number: 00797075
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 49,030 60,313
49,030 60,313
CURRENT ASSETS
Stocks 5 106,961 49,406
Debtors 6 85,083 112,125
Cash at bank and in hand 189,303 172,581
381,347 334,112
Creditors: Amounts Falling Due Within One Year 7 (240,213 ) (179,534 )
NET CURRENT ASSETS (LIABILITIES) 141,134 154,578
TOTAL ASSETS LESS CURRENT LIABILITIES 190,164 214,891
Creditors: Amounts Falling Due After More Than One Year 8 (4,209 ) (11,438 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (12,257 ) (15,078 )
NET ASSETS 173,698 188,375
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 173,598 188,275
SHAREHOLDERS' FUNDS 173,698 188,375
Page 2
Page 3
For the year ending 30 June 2025 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 M C Hayes
Director
24 July 2025
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
F. J. Lane and Sons Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00797075 . The registered office is 38 Temple Road, Windsor, Berks, SL4 1HW.
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 15% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 15% and 33% on 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. Financial Instruments
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
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2.6. 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.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 20 (2024: 20)
20 20
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 July 2024 1,000 4,308 183,635 3,764 192,707
Additions - 6,060 - - 6,060
As at 30 June 2025 1,000 10,368 183,635 3,764 198,767
Depreciation
As at 1 July 2024 - 3,753 126,289 2,352 132,394
Provided during the period - 992 16,139 212 17,343
As at 30 June 2025 - 4,745 142,428 2,564 149,737
Net Book Value
As at 30 June 2025 1,000 5,623 41,207 1,200 49,030
As at 1 July 2024 1,000 555 57,346 1,412 60,313
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5. Stocks
2025 2024
£ £
Stock 14,050 12,665
Work in progress 92,911 36,741
106,961 49,406
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 50,051 75,825
Other debtors 35,032 36,300
85,083 112,125
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 84,787 51,277
Bank loans and overdrafts 10,000 12,771
Other creditors 20,540 25,395
Taxation and social security 124,886 90,091
240,213 179,534
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 4,209 11,438
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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