Acorah Software Products - Accounts Production 16.3.350 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 13088563 Mr Edward Haskins Miss Esther Newman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13088563 2023-10-31 13088563 2024-10-31 13088563 2023-11-01 2024-10-31 13088563 frs-core:CurrentFinancialInstruments 2024-10-31 13088563 frs-core:Non-currentFinancialInstruments 2024-10-31 13088563 frs-core:ComputerEquipment 2024-10-31 13088563 frs-core:ComputerEquipment 2023-11-01 2024-10-31 13088563 frs-core:ComputerEquipment 2023-10-31 13088563 frs-core:FurnitureFittings 2024-10-31 13088563 frs-core:FurnitureFittings 2023-11-01 2024-10-31 13088563 frs-core:FurnitureFittings 2023-10-31 13088563 frs-core:PlantMachinery 2024-10-31 13088563 frs-core:PlantMachinery 2023-11-01 2024-10-31 13088563 frs-core:PlantMachinery 2023-10-31 13088563 frs-core:ShareCapital 2024-10-31 13088563 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 13088563 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 13088563 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 13088563 frs-bus:SmallEntities 2023-11-01 2024-10-31 13088563 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 13088563 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 13088563 frs-bus:Director1 2023-11-01 2024-10-31 13088563 frs-bus:Director2 2023-11-01 2024-10-31 13088563 frs-countries:EnglandWales 2023-11-01 2024-10-31 13088563 2022-10-31 13088563 2023-10-31 13088563 2022-11-01 2023-10-31 13088563 frs-core:CurrentFinancialInstruments 2023-10-31 13088563 frs-core:Non-currentFinancialInstruments 2023-10-31 13088563 frs-core:ShareCapital 2023-10-31 13088563 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 13088563
The Yard In Bath Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
TaxAssist Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13088563
2024 2023
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 45,077 33,357
45,077 33,357
CURRENT ASSETS
Stocks 5 13,270 13,500
Debtors 6 40,995 100,461
Cash at bank and in hand 29,230 26,286
83,495 140,247
Creditors: Amounts Falling Due Within One Year 7 (125,839 ) (107,458 )
NET CURRENT ASSETS (LIABILITIES) (42,344 ) 32,789
TOTAL ASSETS LESS CURRENT LIABILITIES 2,733 66,146
Creditors: Amounts Falling Due After More Than One Year 8 (501 ) (377 )
NET ASSETS 2,232 65,769
CAPITAL AND RESERVES
Called up share capital 9 (2 ) (2 )
Profit and Loss Account 2,234 65,771
SHAREHOLDERS' FUNDS 2,232 65,769
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 Edward Haskins
Director
16th December 2024
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
The Yard In Bath Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13088563 . The registered office is 1 Monmouth Place, Bath, BA1 2AT.
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 SLM-20%
Fixtures & Fittings SLM-25%
Computer Equipment SLM-33%
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 20 (2023: 22)
20 22
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2023 10,073 39,347 1,694 51,114
Additions 2,104 29,600 177 31,881
As at 31 October 2024 12,177 68,947 1,871 82,995
Depreciation
As at 1 November 2023 4,238 12,071 1,448 17,757
Provided during the period 2,435 17,442 284 20,161
As at 31 October 2024 6,673 29,513 1,732 37,918
Net Book Value
As at 31 October 2024 5,504 39,434 139 45,077
As at 1 November 2023 5,835 27,276 246 33,357
5. Stocks
2024 2023
as restated
£ £
Finished goods 13,270 13,500
6. Debtors
2024 2023
as restated
£ £
Due within one year
Trade debtors 28,495 29,061
Prepayments and accrued income 12,500 49,000
Directors' loan accounts - 22,400
40,995 100,461
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Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
as restated
£ £
Trade creditors 17,088 (1 )
Bank loans and overdrafts 5,927 25,779
Other taxes and social security 3,839 4,861
VAT 53,251 62,813
Net wages 92 11,991
Accruals and deferred income 2,398 2,015
Directors' loan accounts 43,244 -
125,839 107,458
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
as restated
£ £
Other creditors 501 377
9. Share Capital
2024 2023
as restated
£ £
Allotted, Called up and fully paid (2 ) (2 )
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