Acorah Software Products - Accounts Production 16.4.675 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 13658049 Mr G Royle iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13658049 2023-10-31 13658049 2024-10-31 13658049 2023-11-01 2024-10-31 13658049 frs-core:CurrentFinancialInstruments 2024-10-31 13658049 frs-core:Non-currentFinancialInstruments 2024-10-31 13658049 frs-core:BetweenOneFiveYears 2024-10-31 13658049 frs-core:ComputerEquipment 2024-10-31 13658049 frs-core:ComputerEquipment 2023-11-01 2024-10-31 13658049 frs-core:ComputerEquipment 2023-10-31 13658049 frs-core:MotorVehicles 2024-10-31 13658049 frs-core:MotorVehicles 2023-11-01 2024-10-31 13658049 frs-core:MotorVehicles 2023-10-31 13658049 frs-core:PlantMachinery 2024-10-31 13658049 frs-core:PlantMachinery 2023-11-01 2024-10-31 13658049 frs-core:PlantMachinery 2023-10-31 13658049 frs-core:WithinOneYear 2024-10-31 13658049 frs-core:ShareCapital 2024-10-31 13658049 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 13658049 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 13658049 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 13658049 frs-bus:SmallEntities 2023-11-01 2024-10-31 13658049 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 13658049 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 13658049 frs-bus:Director1 2023-11-01 2024-10-31 13658049 frs-countries:EnglandWales 2023-11-01 2024-10-31 13658049 2022-10-31 13658049 2023-10-31 13658049 2022-11-01 2023-10-31 13658049 frs-core:CurrentFinancialInstruments 2023-10-31 13658049 frs-core:Non-currentFinancialInstruments 2023-10-31 13658049 frs-core:BetweenOneFiveYears 2023-10-31 13658049 frs-core:WithinOneYear 2023-10-31 13658049 frs-core:ShareCapital 2023-10-31 13658049 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 13658049
G R Groundworks & Building Services Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Andrew Herring & Co
Chartered Certified Accountants
40 Clarence Road
Chesterfield
S40 1LQ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 13658049
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 112,715 94,997
112,715 94,997
CURRENT ASSETS
Debtors 5 - 12,192
Cash at bank and in hand 19,177 2,713
19,177 14,905
Creditors: Amounts Falling Due Within One Year 6 (59,557 ) (65,918 )
NET CURRENT ASSETS (LIABILITIES) (40,380 ) (51,013 )
TOTAL ASSETS LESS CURRENT LIABILITIES 72,335 43,984
Creditors: Amounts Falling Due After More Than One Year 7 (37,772 ) (42,551 )
NET ASSETS 34,563 1,433
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 34,463 1,333
SHAREHOLDERS' FUNDS 34,563 1,433
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 G Royle
Director
16/06/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
G R Groundworks & Building Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13658049 . The registered office is Poplar Farm, Rectory Road, Chesterfield , Derbyshire, S44 5EF.
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 Over 5 years
Motor Vehicles Over 5 years
Computer Equipment Over 5 years
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2023 77,073 59,990 390 137,453
Additions 47,662 8,780 2,555 58,997
As at 31 October 2024 124,735 68,770 2,945 196,450
Depreciation
As at 1 November 2023 28,830 13,548 78 42,456
Provided during the period 24,947 15,743 589 41,279
As at 31 October 2024 53,777 29,291 667 83,735
Net Book Value
As at 31 October 2024 70,958 39,479 2,278 112,715
As at 1 November 2023 48,243 46,442 312 94,997
5. Debtors
2024 2023
£ £
Due within one year
Other debtors - 12,192
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 24,658 20,028
Trade creditors 4,388 1,268
Other creditors 23,401 32,927
Taxation and social security 7,110 11,695
59,557 65,918
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 37,772 42,551
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 24,658 20,028
Later than one year and not later than five years 37,772 42,551
62,430 62,579
62,430 62,579
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9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4