Acorah Software Products - Accounts Production 16.4.675 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 07159959 J Ellwood M Peck J John iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07159959 2024-03-31 07159959 2025-03-31 07159959 2024-04-01 2025-03-31 07159959 frs-core:CurrentFinancialInstruments 2025-03-31 07159959 frs-core:BetweenOneFiveYears 2025-03-31 07159959 frs-core:ComputerEquipment 2025-03-31 07159959 frs-core:ComputerEquipment 2024-04-01 2025-03-31 07159959 frs-core:ComputerEquipment 2024-03-31 07159959 frs-core:FurnitureFittings 2025-03-31 07159959 frs-core:FurnitureFittings 2024-04-01 2025-03-31 07159959 frs-core:FurnitureFittings 2024-03-31 07159959 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 07159959 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 07159959 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 07159959 frs-core:MotorVehicles 2025-03-31 07159959 frs-core:MotorVehicles 2024-04-01 2025-03-31 07159959 frs-core:MotorVehicles 2024-03-31 07159959 frs-core:PlantMachinery 2025-03-31 07159959 frs-core:PlantMachinery 2024-04-01 2025-03-31 07159959 frs-core:PlantMachinery 2024-03-31 07159959 frs-core:WithinOneYear 2025-03-31 07159959 frs-core:ShareCapital 2025-03-31 07159959 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07159959 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07159959 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 07159959 frs-bus:SmallEntities 2024-04-01 2025-03-31 07159959 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07159959 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07159959 frs-bus:Director1 2024-04-01 2025-03-31 07159959 frs-bus:Director2 2024-04-01 2025-03-31 07159959 frs-bus:Director3 2024-04-01 2025-03-31 07159959 frs-countries:EnglandWales 2024-04-01 2025-03-31 07159959 2023-03-31 07159959 2024-03-31 07159959 2023-04-01 2024-03-31 07159959 frs-core:CurrentFinancialInstruments 2024-03-31 07159959 frs-core:BetweenOneFiveYears 2024-03-31 07159959 frs-core:WithinOneYear 2024-03-31 07159959 frs-core:ShareCapital 2024-03-31 07159959 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 07159959
Balderton Tile Centre Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Future Cloud Accounting Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07159959
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 93,395 116,308
93,395 116,308
CURRENT ASSETS
Stocks 5 25,000 26,375
Debtors 6 428,332 299,973
Cash at bank and in hand 123,886 310,814
577,218 637,162
Creditors: Amounts Falling Due Within One Year 7 (198,505 ) (172,094 )
NET CURRENT ASSETS (LIABILITIES) 378,713 465,068
TOTAL ASSETS LESS CURRENT LIABILITIES 472,108 581,376
PROVISIONS FOR LIABILITIES
Deferred Taxation (23,348 ) (29,076 )
NET ASSETS 448,760 552,300
CAPITAL AND RESERVES
Called up share capital 8 1,500 1,500
Profit and Loss Account 447,260 550,800
SHAREHOLDERS' FUNDS 448,760 552,300
Page 1
Page 2
For the year ending 31 March 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
M Peck
Director
28/07/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Balderton Tile Centre Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07159959 . The registered office is Unit 10/11 Balderton Business Park, Hawton Lane, Newark, NG24 3GL.
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:
Leasehold 10% Straight Line
Plant & Machinery 15% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 15% 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. 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.
...CONTINUED
Page 3
Page 4
2.5. Taxation - continued
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.
2.6. 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.
2.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 16 (2024: 15)
16 15
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 April 2024 34,798 8,331 112,016 14,937
Additions - 530 - 2,315
Disposals - - - (556 )
As at 31 March 2025 34,798 8,861 112,016 16,696
Depreciation
As at 1 April 2024 10,174 2,170 43,451 5,637
Provided during the period 3,480 983 17,141 1,684
Disposals - - - (227 )
As at 31 March 2025 13,654 3,153 60,592 7,094
Net Book Value
As at 31 March 2025 21,144 5,708 51,424 9,602
As at 1 April 2024 24,624 6,161 68,565 9,300
Page 4
Page 5
Computer Equipment Total
£ £
Cost
As at 1 April 2024 15,382 185,464
Additions 553 3,398
Disposals (1,083 ) (1,639 )
As at 31 March 2025 14,852 187,223
Depreciation
As at 1 April 2024 7,724 69,156
Provided during the period 1,865 25,153
Disposals (254 ) (481 )
As at 31 March 2025 9,335 93,828
Net Book Value
As at 31 March 2025 5,517 93,395
As at 1 April 2024 7,658 116,308
5. Stocks
2025 2024
£ £
Stock 25,000 26,375
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 322,859 209,677
Other debtors 105,473 90,296
428,332 299,973
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 106,703 64,707
Other creditors 33,425 53,098
Taxation and social security 58,377 54,289
198,505 172,094
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,500 1,500
Page 5
Page 6
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 29,074 30,297
Later than one year and not later than five years 42,905 71,979
71,979 102,276
10. Related Party Transactions
During the year a company connected to the directors charged the company rent of £36,000 (2024: £36,000). At the year end, there was a loan due from this company of £35,267 (2023: £35,569). No interest was charged on this loan in the current or prior year.
Page 6